At least 7 killed in Ukraine as Russian missile hits Kharkiv apartment building
At least seven people were killed and 10 others, including three children, were wounded on Saturday by a Russian missile that hit a five-storey residential building in Ukraine’s second-largest city, Kharkiv, officials said. President Volodymyr Zelensky condemned the attack and called for an international response. He said that Russia struck Ukraine overnight with 29 missiles and 480 drones, targeting energy facilities in Kyiv and other central regions, with damage reported in at least seven... [Continue Reading]
Explosions reported at Tehran's Mehrabad Airport amid escalating US-Israeli military strikes in Iran
Overnight, massive explosions rocked Tehran’s Mehrabad Airport as US-Israeli strikes intensified, marking a significant escalation in the ongoing conflict. The airport serves as the city’s primary hub for domestic flights, making its targeting notable in the context of the current hostilities. Reports indicate that the strikes were part of broader military actions aimed at various locations across Iran, contributing to the heightened tensions in the region. The operations have been characterized by a series of aggressive airstrikes, resulting in substantial destruction and unrest. Al Jazeera reported that the latest bombing campaign is seen as part of a coordinated effort by... [Continue Reading]
From ‘peace president’ to Operation Epic Fury: Donald Trump’s road to war
In reality, US president’s opposition to foreign entanglements had only ever been partialMiddle East crisis live: latest news updatesDonald Trump ordered the launch of the war on Iran last Friday afternoon while on board Air Force One, as the presidential plane made its descent towards Corpus Christi, Texas.Trump was on his way to the port city to give a speech titled American Energy Dominance and had spent the three-hour flight chatting to Texas Republican politicians including the state’s two hawkish senators, John Cornyn and Ted Cruz, about his options in Iran. Continue reading... [Continue Reading]
5 ways the Iran war will impact your cost of living
It has been a week since the US and Israel began air strikes on Iran, prompting retaliation from Tehran and a spike in energy prices. RTÉ's Economics and Public Affairs Editor David Murphy assesses how Irish consumers are feeling the financial impact. [Continue Reading]
US Considers Lifting Sanctions on Russian Oil Amid Rising Energy Prices Due to Middle East Conflicts
The United States is reportedly contemplating the lifting of additional sanctions on Russian oil. This consideration comes against the backdrop of escalating energy prices spurred by ongoing conflicts in the Middle East, particularly the recent conflict between the US-Israel coalition and Iran. US Treasury Secretary Scott Bessent indicated on Friday that the new measures would not ease restrictions on Russia but would instead apply to supplies already in transit. This potential policy shift reflects the increasing urgency for the US to address soaring global oil prices, which have significantly impacted markets in recent days. On Friday, crude oil prices surged... [Continue Reading]
US considers lifting more sanctions on Russian oil as Iran conflict sees global prices surge
Washington says new measures not aimed at easing restrictions on Moscow and only affect supplies already in transitThe US treasury secretary, Scott Bessent, said on Friday that his government was considering lifting sanctions on more Russian oil, a day after it temporarily authorised India to buy from Moscow as global oil prices surged.The US-Israel war on Iran and Tehran’s retaliatory attacks across the Gulf region have upended the world’s energy and transport sectors, virtually halting activity in the strait of Hormuz. Continue reading... [Continue Reading]
Iranian missile attack on UAE results in civilian casualties, including death of Bangladeshi migrant worker in Ajman
In a significant escalation of hostilities, an Iranian missile attack on the United Arab Emirates (UAE) has resulted in civilian casualties, including the death of a Bangladeshi migrant worker, marking a grim beginning to the ongoing conflict. On the first day of the hostilities, 55-year-old Saleh Ahmed was delivering drinking water in Ajman when he was fatally struck by debris from an Iranian missile strike. His family, still reeling from the loss, stated that he would have avoided such dangers had he been aware of the conflict's commencement. Saleh Ahmed, who served as the family's sole breadwinner, was reportedly unaware... [Continue Reading]
US, Israel, and Iran Conflict Escalates as Iran Closes Strait of Hormuz Amid Attacks on Energy Facilities in Qatar and Saudi Arabia
The conflict between the United States, Israel, and Iran has escalated, marking a significant transition in geopolitical tensions in the Middle East. As fighting continues, Iran has effectively closed the Strait of Hormuz, a critical passage for global oil shipments. Attacks on energy facilities in neighboring Qatar and Saudi Arabia have compounded the crisis, crippling vital energy supplies and threatening global economic stability. As this conflict unfolds, the implications for energy prices are immediate and severe. Oil prices have surged past $90, with those increases reflected at gas pumps across the United States, where prices have reached their highest in... [Continue Reading]
Iran war is latest threat to a global economy rattled by Trump
Rising energy prices threaten to stoke inflation and hobble economic growth in countries around the world. [Continue Reading]
Iran's strikes on Gulf energy sites rattle markets and raise recession fears
Iran’s apparent erratic strikes all over the Gulf and now Azerbaijan, together with its stranglehold of the vital Strait of Hormuz, have resulted in a growing strain on the world’s global energy supplies with incalculable consequences ahead. [Continue Reading]
US and Israel Conduct Airstrikes Targeting Iranian Leaders and Military Infrastructure
This week marked a significant escalation in the ongoing conflict surrounding Iran as airstrikes by the United States and Israel targeted key Iranian leaders and military infrastructures. Early on Saturday morning, air raids reportedly assassinated Ayatollah Ali Khamenei and over forty senior Iranian officials within a five-minute window. This action initiated a broad bombing campaign aimed at military bases and logistical centers across Iran, as well as hitting targets belonging to the Iranian Revolutionary Guard Corps (IRGC) and other paramilitary forces. As of now, the conflict has entered its seventh day, and Iran's military response escalated dramatically. Iranian forces retaliated... [Continue Reading]
Cyprus raises doubts about future of British bases on island after drone strike
Foreign minister wants ‘conversation’ about closing UK military sites following lack of warning of impending attack on RAF AkrotiriMiddle East crisis – live updatesCyprus’s foreign minister has said there are “questions” about the future of the UK’s military bases on the island after the drone strike last Sunday.The attack on RAF Akrotiri, suspected to have been launched by Hezbollah in Lebanon, caused minimal damage and did not result in casualties. Continue reading... [Continue Reading]
Trump says Cuba is going to ‘fall pretty soon’
US President Donald Trump said Friday Cuba was next on his agenda after Iran, predicting that the communist-run island, crippled by a US energy blockade, is “gonna fall pretty soon”. “They want to make a deal so badly,” Trump told CNN in a phone interview, a day after suggesting that he would turn to an unspecified project for Cuba after the war against Iran. “We’re really focused on this one right now. We’ve got plenty of time, but Cuba’s ready – after 50 years,” he added, explaining that... [Continue Reading]
The Madness of Power, From Balfour to the Edge of World War Three
A Voice in the Wilderness of War: Who Still Dares to Speak Truth While Empires March There are moments in history when the world suddenly accelerates toward disaster, moments when anyone who has studied history can feel the temperature rising even before the explosions reach their peak. The current escalation in the Middle East is one of those moments. According to the facts we now see unfolding, the United States and Israel made the unilateral decision to attack Iran without the approval of the United Nations, without a global coalition mandate, and without the support of most of the international... [Continue Reading]
360LiveNews | 06 Mar 2026 17:20
Hungary intensifies diplomatic rift with Ukraine after seizing armoured vehicles carrying €35 million and $40 million in a money-laundering
The ongoing diplomatic rift between Hungary and Ukraine has intensified following the seizure of two Ukrainian armoured bank vehicles by Hungarian authorities. The convoy, carrying a staggering €35 million and $40 million along with 9 kilograms of gold, has been the focus of a money-laundering investigation initiated by Hungary's national tax and customs administration. Seven Ukrainians accompanying the convoy were arrested, leading to accusations from Ukraine's foreign minister, Andrii Sybiha, who condemned the actions as both "hostage-taking" and "theft." This incident marks a significant escalation in the fraught relationship between Kyiv and Budapest, with context rooted in historical grievances and... [Continue Reading]
Petrol and diesel prices in Europe expected to exceed €2 per litre amid rising global oil prices and Middle East conflict
Petrol and diesel prices across Europe are predicted to surpass €2 per litre, with concerns escalating among fuel garage operators about imminent price hikes. This situation follows the outbreak of conflict in the Middle East, which began last Saturday, and has been compounded by significant increases in global oil prices. The average price for unleaded petrol rose from €1.73 per litre last month to levels exceeding €1.80, while diesel has also approached €1.90 at many pumps. The ramifications of the ongoing conflict are already evident in the home heating oil market, where costs have surged dramatically. For instance, data from... [Continue Reading]
Qatar warns Iran war could halt Gulf energy exports ‘within weeks’
Global economies will be affected if the war on Iran continues for weeks, according to Qatar's energy minister. [Continue Reading]
Oil price jumps after Qatar warns all Gulf production could stop within days
Energy Minister Saad al-Kaabi says oil could hit $150 a barrel if the Iran conflict continues over the coming weeks. [Continue Reading]
BP’s new boss will earn at least £11.7m this year, more than double her predecessor
Meg O’Neill will be first woman to serve as CEO of 117-year-oil firm when joining from Woodside Energy in AprilThe incoming chief executive of BP will take home at least £11.7m this year after joining the embattled oil company from a rival, more than double the pay packet earned by her predecessor.Meg O’Neill will join BP from the Australian oil company Woodside Energy in April as the company’s first external hire to its top job, and the first woman to serve as chief executive at the 117-year-old oil major. Continue reading... [Continue Reading]
First Thing: Israel launches huge strikes against south Beirut after mass evacuation order
Residents of Lebanese capital fled in panic before assaults on claimed Hezbollah targets, while Tehran continues to launch retaliatory attacks. Plus, why is Pedro Sánchez the only European leader to take on Trump?Don’t already get First Thing in your inbox? Sign up hereGood morning.Israel has launched intense strikes against the southern suburbs of Beirut just hours after its military ordered the entire population of the area – more than 500,000 people – to evacuate immediately.What else is happening with the war? The US granted Indian refiners a 30-day waiver to buy Russian oil after the US-Israel war on Iran sparked... [Continue Reading]
Moscow sees significant rise in demand for Russian oil, gas amid Iran war
International Energy Agency warns against politically and economically wrong return to reliance on Russian energy. [Continue Reading]
Iran’s uncertain future poses a strategic test for China
China has responded to the escalating conflict in Iran with familiar language: calls for restraint, condemnation of military escalation and appeals for dialogue. But beneath the carefully calibrated diplomacy lies a harder strategic reality. What happens in Iran carries significant implications for Beijing’s energy security, regional positioning and global rivalry with the United States. For China, Iran is not an ideological ally in the way Russia appears to be. The relationship is rooted in... [Continue Reading]
Next supreme leader must not play into anti-Iran US propaganda, say reformists
Masoud Pezeshkian says any talks must address ‘those who underestimated the Iranian people and ignited this conflict’Middle East crisis – live updatesIran’s president, Masoud Pezeshkian, has said for the first time that some countries have begun mediation efforts to end the war with the US and Israel, without identifying those countries, adding that any talks should address those who started the war.Qatar, Turkey, Egypt and Oman have all offered to mediate at some point since US and Israel launched joint strikes last Saturday. Two days ago, Iran’s foreign ministry said it was a time for defence of the country, not... [Continue Reading]
Qatar’s LNG halt exposes Asia’s energy vulnerability
Asia is bracing itself for another energy shock after a disruption to Qatar’s liquefied natural gas (LNG) output sent regional gas prices to their highest level in about three years, exposing what observers say is a dangerous reliance on Middle Eastern fuel supplies. The increase follows Iran’s drone strikes on Qatar in retaliation for Israeli and US attacks in a widening conflict, alongside a blockade of shipping through the Strait of Hormuz – a key artery for global oil and gas trade. Spot LNG... [Continue Reading]
Oil set for steepest weekly gain since Ukraine invasion
Crude oil was set today for its strongest weekly gain since the extreme volatility of the Covid‑19 pandemic in spring 2020, as conflict in the Middle East kept shipping and energy exports through the vital Strait of Hormuz halted. [Continue Reading]
Dubai Residents Receive Emergency Alerts Amid Increased Missile Threats from Iran
Residents of Dubai have received emergency alerts urging them to seek immediate shelter amidst heightened missile threats originating from Iran. Reports indicate that the threats are part of a significant increase in missile strikes by Iran, described as "its most intense barrage of missile strikes yet." Multiple alerts were issued, with at least two sent in quick succession to residents, including those who are British expatriates. Emergency advisories recommended that individuals remain sheltered until further instructions were relayed. The situation escalated dramatically as Dubai reported incidents involving drones being intercepted. Debris from these drones has caused fires at notable landmarks,... [Continue Reading]
Philippines orders energy cuts in response to Middle East war
South-east Asian country limits air conditioning and travel for public officials amid soaring fuel pricesMiddle East crisis – live updatesThe Philippines is searching for ways to conserve energy in response to surging fuel costs, with public officials ordered to cut back on air conditioning usage and reduce travel.All national government agencies, state universities and colleges, and local government branches have been told to reduce fuel consumption by at least 10% in response to the crisis in the Middle East. Government offices have been told to adopt flexible work arrangements, and to set air conditioning units no lower than 24 degrees.... [Continue Reading]
China’s energy transition proves a boon in the Iran crisis
As the world’s largest oil and gas importer, China undoubtedly faces a significant disruption, what with the US-Israeli war on Iran and its cascading impact across the Gulf. But it could have been worse. Beijing has worked unstintingly for well over a decade to build energy self-reliance and reduce the role of fossil fuels in powering the country’s manufacturing economy. For leaders gathered in Beijing for the annual parliamentary “two sessions” meetings, which will endorse China’s 15th... [Continue Reading]
Measurable goals in China’s new five-year plan
China’s 15th five-year plan lays out a comprehensive set of quantitative socio-economic development targets, ranging from innovation to food and energy security. To navigate external volatility and sluggish domestic demand, Beijing has built in flexibility by allowing specific economic and innovation metrics to be determined on certain conditions. [Continue Reading]
Iran-backed militias increase attacks on US and Israel amid ongoing military offensive against Iran
As conflict continues to escalate, Iran-backed militias are intensifying their attacks against the United States, Israel, and their allies. This situation unfolds in the context of a joint military offensive launched by the United States and Israel against Iran, marking a significant uptick in both military activity and geopolitical tension in the region. Reports indicate that the war has now entered its second week, with the Iranian regime facing mounting pressure both from domestic and international fronts. Since the United States and Israel initiated their military operations targeting Iran's Islamic regime and the now deceased Ayatollah Ali Khamenei's Republican Guard,... [Continue Reading]
Philippines battles US-Iran war fuel crisis with air con limits, flexible work plan
The Philippines is looking at ways to save on energy as tensions in the Middle East push global fuel costs higher, with the government suggesting people use their air conditioners less and shy away from non-essential travel. The Southeast Asian nation imports nearly all of its oil requirements and the war in Iran could spur inflation that already hit a 13-month high in February. President Ferdinand Marcos Jnr’s administration this week ordered government offices to set their air conditioners to... [Continue Reading]
Japan plans to enhance military presence on Iwo Jima amid concerns over Chinese military activity in the Pacific
Japan is reportedly moving forward with plans to enhance its military capabilities on Iwo Jima, a volcanic island situated approximately 1,207 kilometers south of Tokyo. According to recent reports from the Asahi newspaper, the Japanese Defence Ministry is set to increase its presence on the island and is contemplating the establishment of a Pacific defence initiative office. This strategic decision comes amid growing concerns regarding increasing Chinese military activity in the Pacific region. Analysts have underscored the strategic importance of Iwo Jima, noting that its geographical positioning contributes significantly to Japan’s expansive exclusive economic zone. Masayuki Masuda, an expert from... [Continue Reading]
‘1,000-year source’: China plans to fire up world-first accelerator-driven nuclear reactor
China will power up an ultra-efficient, nuclear waste-burning reactor with technology that it projects will safely meet humanity’s energy needs for the next 1,000 years. Accelerator-driven subcritical systems (ADS) are advanced nuclear reactors that can both generate energy and transmute long-lived radioactive waste into shorter-lived and less hazardous isotopes. Designed by researchers at the Chinese Academy of Sciences (CAS) along with state nuclear enterprises, the China Initiative... [Continue Reading]
Venezuela Restores Diplomatic Relations with the United States Following Visit by US Interior Secretary
Venezuela has officially announced the restoration of diplomatic relations with the United States, signaling a pivotal moment in their historically fraught partnership. This decision comes as part of a commitment by the Venezuelan government, led by acting President Delcy Rodriguez, to enter a “new stage” of bilateral relations focused on mutual respect. The announcement was made on Thursday, following a two-day visit by US Interior Secretary Doug Burgum to Venezuela, part of a broader initiative led by US President Donald Trump to enhance American access to Venezuela’s vast mineral resources. The re-establishment of diplomatic and consular relations between the two... [Continue Reading]
US Treasury grants temporary waiver for Indian refiners to buy stranded Russian oil amid Middle East tensions
The United States Treasury has announced a temporary waiver allowing Indian refiners to purchase Russian oil currently stranded at sea. This decision arrives amidst escalating tensions in the Middle East, which have been disrupting crude oil shipments. The waiver, valid for 30 days, aims to facilitate oil flow into the global market, as indicated by Treasury Secretary Scott Bessent. The waiver specifically authorizes transactions involving oil that is already stranded and does not extend broader purchasing privileges to India. According to Bessent, this measure is designed not to substantially benefit the Russian government but to ensure that the global oil... [Continue Reading]
Iran war live updates: US temporarily lets India buy Russian oil amid energy fears; Israeli military launches strikes on Beirut
This blog is now closed. Our live coverage of the Middle East crisis continues hereTell us: how have you been affected by the latest events in the Middle East?Iran and Lebanon were hit with a wave of intense Israeli strikes overnight.Israel’s military said Friday morning it had begun “a broad-scale wave of strikes” on Tehran, Iran’s capital. Continue reading... [Continue Reading]
Power bills surged during war in 2022. Here's why this time may be different
The last time a global energy crisis sent Australian power bills skyrocketing was when Russia invaded Ukraine in 2022. What's changed this time? [Continue Reading]
US reports significant degradation of Iran's missile capabilities amid ongoing military conflict and escalating regional tensions
The United States has reported that Iran's missile capabilities have been "severely degraded" during the ongoing military conflict, marking a pivotal moment in regional security dynamics as tensions escalate. According to the US military, this assessment comes amidst a turbulent continuation of hostilities, with Iran showing resilience in its military response, indicating that its capabilities may not be as diminished as initially presented. Reports suggest that Iran has actively engaged in retaliatory strikes against Israel and the wider region. Authorities there have responded by imposing restrictions at the Al-Aqsa Mosque, closing it to worshippers and visitors. Brigadier General Hisham Ibrahim... [Continue Reading]
How vulnerable is the Gulf? Iran war escalation undermines energy security
Who’s paying for this war? First and foremost, the people of the Middle East directly in harm’s way. [Continue Reading]
Middle East conflict escalates as Israel warns Beirut residents amid military actions against Hezbollah and Iran
The conflict in the Middle East is intensifying, with recent military actions drawing significant international attention. Six days after the United States and Israel launched strikes on Iran, reports indicate escalating tensions, marked by explosions in Iran, Qatar, the UAE, and Lebanon. Amid these developments, Israel has issued warnings to residents in southern Beirut, advising them to evacuate as military operations against Iran-backed Hezbollah appear imminent. This escalation reflects a complex mixture of geopolitical ambitions and national security concerns that are reverberating across the region. As the situation unfolds, Israel's military has directed residents in Hezbollah-controlled areas of Beirut to... [Continue Reading]
UK firms pull fixed energy deals as Iran war pushes up prices
Data suggests the number of fixed-term deals has more than halved as prices for wholesale energy surge. [Continue Reading]
Airstrike Destroys Iran's Azadi Indoor Stadium Amid Ongoing Military Engagement Resulting in Over 1,000 Casualties
Significant destruction has been reported in Iran's Azadi Indoor Stadium after a recent airstrike attributed to coalesced US-Israeli military operations. Images circulating from the scene depict the facility, which once accommodated 12,000 spectators for military, volleyball, and basketball events, now reduced to smoking ruins, confirming the severity of the damage inflicted. As the attack unfolded, it emerged that the strikes were part of a broader military engagement ongoing in the region for the past six days, which has reportedly resulted in more than 1,000 casualties across Iran. This spike in violence coincides with Iran’s intensified military actions targeting Kurdish groups... [Continue Reading]
Iranian missiles strike near Doha, Qatar, with government confirming the attack and investigations ongoing into damage and targets
In a dramatic escalation of hostilities, a barrage of Iranian missiles struck near the Qatari capital, Doha, early Thursday. The attack, which has sent shockwaves through the region, has been confirmed by the Qatari government. Although reports of loud explosions were heard across the city, the specific targets and the extent of any damage remain under investigation. According to Al Jazeera’s Zein Basravi, the missile strikes occurred in the early hours, creating a wave of fear among residents. Qatar has not immediately reported any casualties or damage, but the situation continues to evolve as further details emerge. Sources indicate that... [Continue Reading]
HSBC and Coventry raise rates on fixed mortgages in response to crisis in the Middle East
Experts say Iran war could cause energy price shock that pushes up UK inflation, in turn forcing up interest ratesHSBC, Nationwide and Coventry building societies are the first big UK lenders to announce an increase in rates on their fixed mortgage deals as a result of the Middle East crisis, with brokers predicting others are likely to follow.Experts have said the war could trigger an energy price shock that pushes up UK inflation, which may in turn force the Bank of England to increase interest rates. Continue reading... [Continue Reading]
Will the US benefit from the oil crisis sparked by the war on Iran?
Attacks on energy sites in the Gulf and disruptions in the Strait of Hormuz give Western exporters a chance to profit. [Continue Reading]
Ministers discuss ways to offset energy price surges caused by Iran war
Government’s claim to have lowered bills in jeopardy as households face £160 rise caused by soaring oil and gas pricesMinisters are discussing the possibility of intervening to protect the public against soaring household energy bills if the Middle East conflict drags on.Oil and gas prices have surged since Donald Trump started his bombing campaign against Iran, which has responded by closing off a crucial shipping route through the strait of Hormuz and by attacking regional energy infrastructure. Continue reading... [Continue Reading]
How will the Middle East conflict affect global energy prices?
Energy supplies in the Middle East are being choked off as the conflict between the US, Israel and Iran escalates. [Continue Reading]
Millions in western Cuba face power outages as massive blackout affects cities including Havana and Pinar del Río
Millions of residents in western Cuba experienced widespread power outages on Thursday as a massive blackout occurred, affecting cities including Havana and Pinar del Río. The incident marks yet another crisis for the island, which has been grappling with deteriorating infrastructure and energy supply challenges. The blackout, which began on Wednesday, has left the energy grid near the point of collapse with extensive recovery efforts anticipated to take several days. The outage was triggered by the shutdown of one of Cuba's largest thermoelectric power plants, which government officials reported may take at least 72 hours to resume normal operations. This... [Continue Reading]
Millions left without power after major blackout hits Cuba
A blackout left millions of people without power in Havana and the rest of western Cuba on Wednesday in the latest outage on an island struggling with dwindling oil reserves and a crumbling electric grid. Government radio station Radio Rebelde quoted an energy official as saying that it could take at least 72 hours to restore operations at one of Cuba's largest thermoelectric power plants, where a shutdown sparked the outage. [Continue Reading]
Cuba hit by massive blackout, leaving millions without power in Havana and western provinces
Western Cuba was plunged into darkness Thursday as a massive blackout left millions without power. Between crumbling infrastructure and the halt of Venezuelan oil shipments under US pressure, the island’s energy grid is on the brink of collapse, with recovery expected to take days. [Continue Reading]
Does China’s science budget boost confirm it is listening to everything Elon Musk says?
The priorities outlined in drafts of China’s 2026 budget and next five-year plan overlap heavily with the ambitious projects championed by Elon Musk, including the Starlink constellation, electric vehicles, Neuralink interfaces and artificial intelligence. With Beijing allocating 426.42 billion yuan (US$61.7 billion) for the sector, it is positioning frontiers such as future energy, brain-computer interfaces and satellite internet as China’s future industries, with the nation doubling down on... [Continue Reading]
How War in the Persian Gulf Could Spill Into the U.S. Economy
Rising energy prices, snarled supply chains and higher government debt could all hurt American consumers. [Continue Reading]
Iran hits Kurdish groups in Iraq as conflict widens
On Thursday, Tehran said it had hit Iraq-based Kurdish groups "opposed to the revolution", as reports said the United States was looking to arm Kurdish guerillas to infiltrate Iran. The conflict that began Saturday with US-Israeli strikes that killed Iran's supreme leader has spread across much of the region, sparking global economic pressure, energy disruptions and travel chaos. FRANCE 24's International Affairs Editor Kethevane Gorjestani tells us more. [Continue Reading]
Globalisation is under threat from Iran war – and Britain is uniquely vulnerable
Economic ripples from US-Israel attacks will soon become waves, engulfing everything from energy prices to foodIn retaliation for the US-Israeli missile attacks, Iran has launched what amounts to all-out economic warfare. Should the conflict continue even for another week, its impacts will start to be felt around the world as the third price surge since the pandemic washes through global markets.For Britain, a further turn of the screw on living standards arrives just as political instability mounts at home, with the Labour and Conservative parties facing existential challenges to their left and right. Continue reading... [Continue Reading]
What the Extraordinary Market Volatility in Asia Says About Energy and A.I.
Stocks in South Korea and Taiwan, the center of global chip making, plunged on fears about energy prices. Their recovery shows the bullishness over artificial intelligence. [Continue Reading]
Iran war shows markets can’t ignore every geopolitical shock
For sheer escalatory potential, look no further than the speed at which the six-day-old war in Iran has drawn in countries across the Middle East, causing the biggest energy shock since Russia’s full-scale invasion of Ukraine in 2022. While the long-term consequences of military action by the United States and Israel against Iran are unpredictable, worst-case scenarios for the global economy and markets have begun to unfold. Although the least important thing about any war is how it affects... [Continue Reading]
China sets annual economic growth target at 4.5%-5%, the lowest since 1991, amid various domestic and international challenges
China has officially set its annual economic growth target at a range of 4.5%-5%, marking the lowest projection since 1991. This significant adjustment was announced during the country's largest political event known as the "two sessions". The decision reflects ongoing challenges faced by the nation both domestically and internationally, including weakened consumption, a declining population, an enduring property crisis, and rising global trade tensions, notably exacerbated by the ongoing conflict in Iran. This adjustment in growth expectations follows a previous target reduction to "around 5%" in 2023, and it is the first time in recent years that the target has... [Continue Reading]
China to step up tech, energy and decarbonisation efforts in next 5-year plan
China will set priorities for technological innovation, economic security, public well-being and carbon reduction over the next five years, vowing to lay a solid foundation for its 2035 target of doubling per capita gross domestic product from 2020 levels. The world’s second-largest economy will release 20 growth targets, including both binding and non-binding ones, in areas covering the economy, technology, healthcare and economic security, Premier Li Qiang said when outlining the broad strokes... [Continue Reading]
Israel Conducts Airstrikes on Iranian Targets Near Iran-Iraq Border Amid Escalating Middle East Conflict
The ongoing conflict in the Middle East has intensified, with Israel launching fresh airstrikes on Iranian targets, specifically near the Iran-Iraq border. This military action aligns with a broader strategy involving both the United States and Israel, aimed at countering perceived threats from Iran in the region. Key political figures, including Canadian Prime Minister Mark Carney, have affirmed their nations' commitment to supporting allies amidst increasing hostilities. Recent reports indicate that the airstrikes were part of a coordinated effort to address growing tensions. The US and Israeli plans reportedly include mobilizing Kurdish forces, indicating a strategic realignment in regional military... [Continue Reading]
Iran war live updates: Mark Carney doesn’t rule out Canada joining war; Israel launches fresh strikes on Tehran
This liveblog is closed. Follow live coverage of the Middle East crisis here Iran says it has targeted Kurdish groups in Iraq and warned “separatist groups” against action in the widening war.Tehran said on Thursday it had hit Iraq-based Kurdish groups “opposed to the revolution”, as reports said the US was looking to arm Kurdish militias to infiltrate Iran.We will not tolerate them in any way. Continue reading... [Continue Reading]
Russian LNG tanker sinks in Mediterranean after alleged Ukrainian drone strike
A significant escalation in the ongoing conflict between Russia and Ukraine has unfolded in the Mediterranean Sea, where the Russian LNG tanker, Arctic Metagaz, has sunk following an alleged drone strike by Ukraine. Sharing the incident details, Moscow claimed that Ukrainian drones targeted the ship late on a recent Tuesday night while it was approximately 150 miles (240 km) off the coast of Libya, carrying 61,000 tonnes of liquefied natural gas (LNG). Although there were no fatalities reported among the crew of 30, the vessel went ablaze before ultimately sinking. The Russian government has strongly condemned this alleged act, with... [Continue Reading]
Brazil's Senate ratifies free trade deal with the European Union, joining Argentina and Uruguay in a major trade bloc
Brazil’s Senate has officially ratified a pivotal free trade deal with the European Union, positioning Brazil alongside Argentina and Uruguay in what is set to become one of the world’s largest trade blocs. This agreement aims to eliminate most tariffs between the parties involved while enhancing export opportunities for both sides. The historic deal, which has faced significant opposition from various sectors, particularly European farmers, reflects decades of negotiation and collaboration. The ratification occurred recently, marking a significant step in the implementation of the Mercosur agreement. Notably, Brazil's legislative approval comes after Argentina and Uruguay have both ratified the deal,... [Continue Reading]
Russian tanker carrying LNG sinks in Mediterranean Sea near Libyan port of Sirte following explosions and fire
A Russian tanker carrying liquefied natural gas (LNG) has sunk in the Mediterranean Sea, a significant development as tensions escalate between Russia and Ukraine. The incident occurred near the Libyan port of Sirte, with the Libyan port authority reporting that the vessel was struck by "sudden explosions followed by a massive fire," leading to its eventual sinking. This event marks a significant escalation in hostilities between the two nations, with Russian President Vladimir Putin publicly accusing Ukraine of responsibility. According to reports, the tanker was involved in transporting LNG across the Mediterranean when it was struck. The Libyan port authority... [Continue Reading]
Significant blackout leaves millions without electricity across western Cuba including Havana
A significant blackout impacted the western half of Cuba recently, leaving millions without electricity, including residents of the capital, Havana. This incident marks the latest in a series of outages affecting the island, which is currently struggling with dwindling oil supplies and a frail electricity infrastructure. The blackout has been confirmed by Cuba's Electric Union, which reported the outages affecting locations stretching from Pinar del Rio in the west to Camagüey in central Cuba. The Cuban government is actively addressing the crisis; crews were mobilized for power restoration efforts. An official statement was made on the social platform X, detailing... [Continue Reading]
US Submarine Sinks Iranian Warship in Indian Ocean Amid Rising Tensions
A US submarine sank an Iranian warship in the Indian Ocean on Wednesday, a significant escalation in already heightened tensions between Iran and the United States. This incident, confirmed by Pentagon officials, marks a crucial moment in the ongoing conflict, with Defense Secretary Pete Hegseth highlighting the operation as proof of America's military reach. Hegseth stated, "An American submarine sunk an Iranian warship that thought it was safe in international waters. Instead, it was sunk by a torpedo." The attack comes amidst a broader military engagement initiated by the US and Israel targeting Iranian forces. This latest escalation follows days... [Continue Reading]
UK energy market faces significant impact from Iran conflict, with household bills projected to rise by £160 annually
Recent developments in the ongoing conflict involving Iran have led to significant impacts on the UK's energy market, prompting analysts to predict a substantial increase in household energy bills. Following a series of events connected to the US-Israeli military actions in Iran, gas prices have surged, with projections indicating that typical household energy expenses could rise by £160 annually, reaching a staggering £1,800 by this summer. This escalation represents a 10% increase in energy costs, directly correlated to rising gas prices which have more than doubled in the wake of the conflict. The impact of the Iranian crisis on UK... [Continue Reading]
Panic buying of fuel reported in the UK amid escalating Middle East tensions and closure of the Strait of Hormuz by Iran
The situation in the Middle East has escalated sharply, leading to widespread panic buying of fuel in the UK and significant market reactions in South Korea. Authorities have reported long lines at petrol stations as people react to the closure of the Strait of Hormuz by Iran, a crucial passage for global oil supplies, exacerbating fears of an impending energy crisis. Reports indicate that the London mayor has urged residents to remain calm and avoid panic buying. Yesterday, drivers in areas such as Bushey, north London, experienced wait times of over an hour to refuel. Some petrol stations are now... [Continue Reading]
US and Israel Intensify Airstrikes Against Iran Amid Ongoing Military Offensive
In a significant escalation of military hostilities in the Middle East, the United States and Israel have intensified their airstrikes against Iran, marking the fifth day of a deadly offensive. Bombing campaigns targeting government, military, and civilian infrastructure in Tehran have raised alarms across the region, exacerbating geopolitical tensions and drawing ire from global leaders. The strikes reportedly focus on nuclear-related facilities, further escalating the already fraught relationship between Tehran and both Washington and Tel Aviv. The Iranian response has been equally aggressive, with reports indicating that Iran has launched hundreds of missiles and drones aimed at various Persian Gulf... [Continue Reading]
Fuel prices in Northern Territory remote areas near $4 per litre for diesel amid concerns over rising costs and global oil supply fears
Fuel prices in remote areas of the Northern Territory are approaching an unprecedented $4 per litre for diesel, causing significant concern among residents. In the community of Ramingining, local residents express frustration over what they perceive as unfair pricing, stating that costs have soared by 10 to 20 cents per litre in recent days. This sudden escalation is largely attributed to the ongoing conflict in the Middle East, which has triggered fears of restricted oil supplies on a global scale. The escalating fuel prices are not just a financial burden, but also an added stress for communities already grappling with... [Continue Reading]
US-Iran military engagement strains diplomatic relations between US and UK amid Trump's criticism of Prime Minister Starmer
The uncertainty surrounding the ongoing military engagement involving the United States and Iran has significantly affected diplomatic ties between the United States and the UK. Tensions rose after President Donald Trump publicly criticized British Prime Minister Sir Keir Starmer for failing to give adequate support for US operations against Iran. Trump remarked that the historical alliance between the US and Britain has deteriorated, declaring, "This is not Winston Churchill that we're dealing with," an apparent jab at Starmer's hesitation to permit American warplanes to utilize UK bases for strikes against Iran. As reported, the military action began with the US... [Continue Reading]
US and Israel Intensify Military Operations Against Iran and Allied Forces in Lebanon
In an alarming escalation of hostilities, the United States and Israel have ramped up military operations against Iran and its allied forces in Lebanon. As reported, this intensified bombardment is drastically affecting regional stability and oil supply routes, particularly through the critical Strait of Hormuz. Recent attacks have focused on key Iranian military targets, as both the US and Israeli armed forces aim to disrupt what they perceive as an existential threat posed by Iran's military capabilities. According to sources, these strikes are a direct response to Tehran's recent counterstrikes that have disrupted oil flows in the Middle East. Reports... [Continue Reading]
Trump Reports Significant Impact of US-Iranian Military Engagements Amid Ongoing Airstrikes and Regional Tensions
In a significant escalation of military actions in the Middle East, President Donald Trump has reported the substantial impact of recent US-Iranian military engagements, asserting that Iran's naval and air capabilities have been largely "knocked out." These comments were delivered during a press briefing at the White House, amidst ongoing airstrikes by Israeli and US forces targeting various sites across Iran. The President's remarks come at a time when Iran is retaliating by striking back at satellite targets throughout the Gulf region, further complicating the geopolitical landscape. During the press conference, Trump noted that many of Iran's potential future leaders... [Continue Reading]
British F-35B fighter jet shoots down Iranian drone in Jordanian airspace, marking first operational kill for the aircraft
A British F-35B fighter jet successfully shot down an Iranian drone in Jordanian airspace, marking the first operational kill for the aircraft in active operations. This incident underscores the escalating tensions in the Middle East, where British forces are increasingly engaged in defensive actions against Iranian aerial threats directed at various Gulf nations. The Ministry of Defence confirmed the operation, indicating that RAF Typhoons and a Voyager air-to-air refueling aircraft supported the F-35B during the engagement. The strike on the Iranian drone follows an uptick in cross-border hostilities, particularly as Iranian drones have targeted locations in neighboring countries. Earlier in... [Continue Reading]
Iran's Military Engagements Expand Amid Rising Tensions with Israel and the US, Threatening Regional Assets
In a rapid escalation of hostilities, Iran has increasingly drawn in regional countries as countermeasures against ongoing military actions by Israel and the United States. Reports indicate that military engagements are now taking place not only on Iranian soil but also threatening US assets in Saudi Arabia, oil infrastructure across the Gulf, and even French military installations in Abu Dhabi. Analysts highlight that Iran's use of low-cost drones marks a distinct shift in its retaliatory strategy, aimed at disrupting key economic sectors and deterring tourism amidst the backdrop of what it perceives as an existential threat following targeted strikes that... [Continue Reading]
Global oil prices rise to $84 per barrel amid tensions in the Middle East and concerns over shipping safety in the Strait of Hormuz
The recent escalation of tensions in the Middle East, primarily involving Iran, has prompted a significant rise in global oil prices amid fears for shipping safety in the Strait of Hormuz. Following Tehran's targeting of vessels in this crucial maritime route, oil prices have surged from $72 per barrel to $84, raising alarms about potential increases in fuel costs for consumers worldwide, including in Ireland. The Strait of Hormuz is a vital channel for global oil transport, with approximately one-fifth of the world's petroleum passing through it. As the conflict escalated, shipping rates for supertankers in the area have reportedly... [Continue Reading]
Brewdog acquired by Tilray for £33 million after going into administration, resulting in 484 staff redundancies
Brewdog, a prominent independent brewer and pub chain based in Aberdeenshire, has faced a significant upheaval following its recent acquisition by Tilray, a beverage and cannabis firm, for £33 million. The announcement comes after Brewdog went into administration, leading to the heartbreaking news that 484 staff members would be made redundant. This decision was communicated during a 15-minute conference call, a method that has drawn sharp criticism from labor unions and has left many employees heartbroken and without employment. The swift communication from management has raised serious concerns. Bryan Simpson, a hospitality organiser for the Unite union, condemned the method... [Continue Reading]
US and Israeli airstrikes in Iran cause significant destruction and evacuations from a hospital in Bushehr due to damaged facilities
In a rapidly deteriorating situation, US and Israeli airstrikes have recently targeted various locations in Iran, leading to significant destruction and casualties. Among the most distressing images from these strikes is the evacuation of infants from a hospital in Bushehr, where critical care facilities were reportedly damaged. Footage captured by local media shows staff and workers from the Iranian Red Crescent wheeling vulnerable babies from the neonatal unit to ambulances, underscoring the dire conditions amidst escalating military actions. The violence has resulted in an alarming human toll. An official report indicates that at least 787 individuals have been confirmed dead... [Continue Reading]
Iranian military actions disrupt global oil supply and impact China's energy security amid rising prices and halted LNG production
Heightened military actions involving Iranian forces have notably disrupted the global oil supply, particularly as they pertain to China's energy security. Recently, Saudi Arabia's largest oil refinery was struck by Iranian drones, subsequently resulting in its temporary shutdown and contributing to rising oil prices. On the same day, Qatar's state-run energy firm halted liquefied natural gas (LNG) production, further exacerbating supply concerns amidst these geopolitical tensions. Analysts suggest these developments could hasten China's transition away from its long-standing dependency on fossil fuels. The attacks on the refinery highlight the precarious nature of energy supply chains in the Middle East, which... [Continue Reading]
Escalation of military conflict in the Middle East raises concerns over potential economic impacts in Europe
A recent escalation of military conflict in the Middle East has raised alarm over potential economic ramifications, particularly in Europe. Reports indicate that a coalition of U.S. and Israeli forces has intensified its military actions against Iran. This situation has become increasingly volatile, particularly with Israel's military actions in Lebanon and Iran's retaliatory missile strikes across the Gulf region, affecting countries such as the United Arab Emirates, Kuwait, Bahrain, and Qatar. The repercussions of this conflict are already being felt globally, particularly in energy markets, with oil prices witnessing an over 10% surge. Confirming these developments, European Central Bank (ECB)... [Continue Reading]
US Embassy in Riyadh hit by suspected Iranian drones, causing minor fire but no injuries reported
The US Embassy in Riyadh was struck by two suspected Iranian drones, causing a minor fire on the premises. The attack occurred in the early morning hours, during which the building was unoccupied, and resulted in no injuries. Eyewitness accounts indicated that a blast was heard from the embassy and black smoke was observed rising from the site on the morning following the incident. This development marks a significant escalation in the ongoing conflict between the United States and Iran, as tensions have dramatically increased in recent days. Reports from multiple sources indicate that the drone strike on the embassy... [Continue Reading]
Drone attack on Ras Tanura refinery in Saudi Arabia causes significant damage and raises regional security concerns
A recent drone attack attributed to Iranian operatives has struck the Ras Tanura refinery in Saudi Arabia, one of the largest oil processing facilities globally, resulting in significant damage. This incident has heightened regional tensions and sparked concerns regarding security in a sensitive geopolitical landscape. The Saudi Arabian defence ministry reported that two drones were intercepted over the refinery, causing fire and necessitating emergency protocols. The facility, owned by the state oil giant Saudi Aramco, was temporarily shut down following the attack, which occurred local time on a recent Monday. Satellite imagery from the surveillance company Vantor revealed extensive damage... [Continue Reading]
Israel conducts targeted strikes on Hezbollah positions in Lebanon following rocket and drone attacks on Haifa
In a significant military escalation, Israel's military has conducted targeted strikes on Hezbollah positions in Lebanon. The offensive comes after Lebanon’s militant group, which is backed by Iran, launched rockets and drones toward the Israeli city of Haifa. Hezbollah stated that this action was a response to the killing of Iran's Supreme Leader Ayatollah Ali Khamenei, an event that has heightened tensions in the region. According to Lebanon's disaster management unit, the Israeli airstrikes resulted in the deaths of at least 52 individuals in Lebanon. There have been no reported casualties in Israel as a direct consequence of Hezbollah's retaliatory... [Continue Reading]
US and Israel's military actions against Iran lead to shipping disruptions and cancellation of war risk coverage in the Gulf
The geopolitical landscape in the Gulf has drastically shifted following intensified military actions carried out by the United States and Israel against Iran. As a result, maritime insurers have reacted by canceling war risk coverage for vessels operating in the region, leading to significant shipping disruptions. The ongoing hostilities have caused at least 500 casualties, according to reports from the Iranian Red Crescent Society (IRCS). The Strait of Hormuz, a critical waterway for global oil supplies, is now effectively closed, with shipping routes fundamentally altered amid the escalating conflict. Over the weekend, reports noted that at least 150 vessels,including oil... [Continue Reading]
Trump Confirms Continued US Airstrikes in Iran Amid Ongoing Military Campaign
In a significant escalation of military operations, US President Donald Trump has confirmed that American forces will continue airstrikes against strategic targets in Iran. This announcement, made in the early morning hours on the third day of strikes, indicates a broader commitment to a sustained military campaign aimed at dismantling Iran’s military capabilities. Trump asserted that the operations would proceed with "ferocious, unyielding resolve" and projected the military campaign could last for four to five weeks, albeit with the potential for extension if necessary. Trump detailed the objectives of the strikes, emphasizing the need to "eliminate the intolerable threat posed... [Continue Reading]
Tensions escalate in the Middle East following US and Israeli military actions against Iran after the death of Ayatollah Khamenei
Recent developments in the Middle East have escalated tensions dramatically, primarily due to the military actions undertaken by the United States and Israel against Iran. Following the death of Iran's Supreme Leader, Ayatollah Ali Khamenei, a power vacuum has emerged, leaving the country and the region in a state of uncertainty. On March 1, Iranian forces launched drone attacks targeting energy facilities in Saudi Arabia and Qatar, inciting retaliatory measures from the US and Israeli military forces. As the situation unfolds, US President Donald Trump has indicated that a larger wave of attacks on Iran is anticipated. In a recent... [Continue Reading]
US and Israel launch military strike on Iran, resulting in significant casualties and regional missile retaliation
In a dramatic escalation of tensions, a coordinated military strike by the United States and Israel on Iran on the final day of February has resulted in significant casualties and geopolitical ramifications. This operation reportedly killed hundreds, including Iran's supreme leader, Ayatollah Ali Khamenei. Following the strike, Iran retaliated by launching missiles against multiple nations in the region, including Kuwait, Bahrain, Jordan, Qatar, and the United Arab Emirates, marking the onset of a potential wider conflict. According to reports, the military strike employed advanced technology, including AI-assisted systems for intelligence assessments and target identification, underscoring the growing role of artificial... [Continue Reading]
Israeli airstrikes in Lebanon kill at least 31 in response to Hezbollah rocket fire following the death of Iran's Supreme Leader
In a significant escalation of military conflict, Israeli airstrikes targeted areas in Lebanon following rocket fire from Hezbollah, resulting in at least 31 confirmed casualties according to Lebanon's Health Ministry. The strikes, which hit Beirut’s southern suburbs and other locations, were described as a retaliation for Hezbollah's attacks launched in response to the reported killing of Iran's Supreme Leader, Ayatollah Ali Khamenei. Residents of affected neighborhoods fled as explosions reverberated throughout the capital. The Israeli military confirmed that the operations focused on known Hezbollah sites, with additional reports indicating that projectiles from Lebanon landed in open areas within northern Israel.... [Continue Reading]
India and Canada sign agreements to enhance cooperation in critical minerals and uranium supply for nuclear energy
In a significant diplomatic development, India and Canada have established a series of agreements aimed at rebuilding their strained relationship, particularly focusing on critical mineral cooperation and a noteworthy uranium supply deal for nuclear energy. The announcements were made during a meeting in New Delhi between Indian Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney, marking what both leaders termed a "fresh start" between the two nations. The agreements include provisions not just for uranium supply, which is regarded as pivotal for India's expanding nuclear energy capabilities, but also for promoting renewable energy technologies. Modi articulated that these... [Continue Reading]
Death of Iranian Supreme Leader Ayatollah Ali Khamenei Sparks Geopolitical Turmoil and Military Escalation in the Middle East
The recent death of Iranian Supreme Leader Ayatollah Ali Khamenei has triggered significant geopolitical turmoil, resulting in a marked escalation of military activities involving the United States and Israel. Reports indicate that this development has compounded existing tensions, leading to a series of missile strikes and international condemnation, particularly from China. As a result, the situation in the Middle East has reached a critical juncture, with casualties mounting and global stock markets reacting negatively to the volatile climate. According to multiple sources, the ongoing violence includes a series of US-Israel military operations focused on Iran. In the immediate aftermath of... [Continue Reading]
Czech Republic initiates evacuation flights for nationals amid escalating tensions in the Middle East
The recent military strikes by the United States and Israel on Iran have escalated tensions in the Middle East, prompting rapid evacuation plans for nationals from several countries. The Czech Republic is leading the charge among European Union members in mobilizing evacuations, with Prime Minister Andrej Babiš confirming the initiation of flights for citizens trapped in the region as the situation unfolds. This marks a significant step in what appears to be a response to intensifying military engagement and rising geopolitical instability. The Czech government has announced three planned evacuation flights, with two scheduled to depart from Sharm El-Sheikh, Egypt,... [Continue Reading]
Middle East geopolitical landscape shifts after reported killing of Iran's Supreme Leader Ayatollah Ali Khamenei
The geopolitical landscape of the Middle East has dramatically shifted following the reported killing of Iran’s Supreme Leader, Ayatollah Ali Khamenei. The incident ignited a series of military operations led by the United States and Israel against Iranian assets, aiming not only to destabilize Iran's government but also to prevent its missile and nuclear capabilities. US President Donald Trump, in a public address, called on Iranians to reclaim their nation, underscoring ambitious objectives accompanying military efforts. The killing of Khamenei has left Iranian officials scrambling to manage repercussions. Reports indicate that many US intelligence officials harbor doubts regarding the likelihood... [Continue Reading]
Chinese officials to discuss electric vehicle production regulations at upcoming legislative convention
Chinese officials and industry leaders are poised to address plans for regulating electric vehicle (EV) production during the upcoming "two sessions," a significant annual legislative convention for the country's top political bodies,the National People’s Congress and the National Committee of the Chinese People’s Political Consultative Conference. These discussions aim to mitigate ongoing challenges within the domestic EV sector, characterized by slowed growth and fierce price competition that has adversely impacted profit margins. The anticipated discussions are framed against a backdrop where the Chinese government has intervened previously to prevent extreme internal competition,or "involution",that has impacted nearly all EV manufacturers. In... [Continue Reading]
Iran conducts missile strikes near Jerusalem, resulting in nine deaths amid escalating Middle East tensions
Recent military actions have intensified tensions in the Middle East as Iran conducted missile strikes targeting locations near Jerusalem, resulting in the deaths of nine individuals. This incident aligns with escalating hostilities as Iran responds to what it characterizes as ongoing attacks from the United States and Israel. The situation remains volatile, with strategic implications for regional security and international energy markets. Several sources indicate that Iranian forces unleashed their fury shortly after a series of airstrikes attributed to Israel and US forces in Iranian territory. These developments have led to an increase in military readiness and strategic repositioning among... [Continue Reading]
Three US Soldiers Killed, Five Injured in Operation Epic Fury Amid Rising US-Iran Tensions
In a shocking escalation of military conflict in the Middle East, three United States soldiers were killed, and five others sustained serious injuries during Operation Epic Fury, the US military confirmed recently. This operation is a direct response to Iran's aggressive military actions, including drone and missile strikes aimed at US bases across the region, following the assassination of Ayatollah Ali Khamenei. The announcement from US Central Command came as tensions between the US and Iran reached unprecedented levels. The military operation, dubbed Operation Epic Fury, was launched in response to Iran's retaliatory strikes, reflecting a significant increase in hostilities.... [Continue Reading]
Death of Iranian Supreme Leader Ali Khamenei Sparks Unrest and Military Tensions Across the Middle East
The recent death of Iranian Supreme Leader Ali Khamenei has triggered a significant wave of unrest and military repercussions throughout the Middle East. Following Khamenei's passing, multiple demonstrations erupted globally, manifesting either as celebrations or protests regarding the ongoing conflicts in the region. Reports indicate heightened tensions, particularly regarding Iran’s relationship with both Israel and the United States, as military actions escalate in response to prior attacks. Eyewitness accounts confirm that smoke was observed rising from Dubai's Jebel Ali Port recently, following confirmed Iranian military retaliatory actions. On Saturday, the port was struck by debris from an intercepted missile. This... [Continue Reading]
Explosions reported in Dubai, Doha, and Manama amid Iranian missile and drone attacks targeting the Gulf region
Explosions resounded in Dubai, Doha, and Manama this morning, coinciding with a wave of Iranian attacks across the Gulf region. This escalation follows Iran's launch of 137 missiles and 209 drones aimed primarily at targets in the United Arab Emirates, including a direct strike on the Emirati capital, Abu Dhabi. The incident marks a significant increase in hostilities amidst ongoing tensions between Iran and the United States, along with allied forces in the region. The blasts reported in Dubai and Manama were accompanied by columns of thick, black smoke seen rising from Doha, creating a scene of panic and uncertainty.... [Continue Reading]
Global financial markets brace for potential oil price surge amid rising tensions in the Strait of Hormuz
In a significant development, global financial markets are preparing for a potential surge in oil prices as reports indicate that the Strait of Hormuz may be nearing closure amid increasing military activity between the United States, Israel, and Iran. This strategic chokepoint is vital to the world's oil supply, with approximately 27% of global crude oil passing through this waterway, which is crucial for several Gulf states including Saudi Arabia, Iraq, the United Arab Emirates, Kuwait, Qatar, Bahrain, and Oman. Recent actions in the region have raised alarms about the future of shipping through this critical waterway. Analysts suggest that... [Continue Reading]
US and Israel conduct military operations against Iran, prompting airspace closures and flight cancellations in the Middle East
Recent military operations by the United States and Israel against Iran have led to significant unrest in the Middle East, as several countries announced the closure of their airspace and numerous flights were cancelled. The hostilities intensified following a joint attack, termed “Operation Epic Fury,” by the US and Israel aimed at countering what Washington described as nuclear threats emanating from Iran. In the aftermath, Iranian missile strikes targeted various locations, leading to confirmed casualties and exasperating an already tense geopolitical landscape. Specifically, the latest reports indicate that at least 85 students were killed when airstrikes hit a girls' school... [Continue Reading]
US and Israel Launch Coordinated Strikes Against Iranian Targets Amid Rising Middle East Tensions
In a dramatic escalation of military operations, the United States and Israel have launched a coordinated series of strikes against Iranian targets amid rising tensions in the Middle East. Confirmed reports indicate that both nations initiated a joint operation dubbed as necessary to counter what Israeli Prime Minister Benjamin Netanyahu described as an “existential threat” posed by Iran. This operation is part of a broader strategy aiming at regime change in Iran, as emphasized by US President Donald Trump, who stated that major combat operations had commenced. Since the initiation of these strikes, a significant number of flights have been... [Continue Reading]
Hong Kong issues travel warning for Iran amid US-Israel air strikes, affecting flights to the Middle East
In a significant escalation of tensions in the Middle East, the Hong Kong government has issued an urgent travel warning for residents planning to visit Iran, following a series of joint air strikes conducted by the United States and Israel targeting various sites within the country. This alert comes on the heels of the air strikes, which were described as some of the most extensive attacks on Iran in recent years. As a consequence of the military actions, at least nine flights from Hong Kong to the Middle East have been either canceled or delayed. The decision by Hong Kong's... [Continue Reading]
Shadows of Fire: The Long Arc of Iran–United States Tensions
A Region on Edge: The Latest Escalation In recent months, tensions between Iran and the United States have intensified once again, fueled by disputes over regional security, nuclear development, maritime incidents in the Persian Gulf, and the broader strategic balance in the Middle East. Officials in Washington have expressed renewed concern over Iran’s uranium enrichment levels, while leaders in Tehran have accused the United States of economic warfare through sanctions and diplomatic isolation. The fragile equilibrium that followed earlier rounds of indirect negotiations appears increasingly strained, with both sides engaging in sharp rhetoric at the United Nations, reinforcing military postures... [Continue Reading]
360LiveNews | 19 Feb 2026 08:49
