Operational activities suspended at Saudi energy facilities following drone and missile attacks, resulting in one death and seven injuries
In recent developments, operational activities have been suspended at several energy facilities across Saudi Arabia due to a series of drone and missile attacks. Reports from the Saudi Press Agency, citing an official from the Ministry of Energy, indicate that these attacks have significantly impacted the country’s energy sector, resulting in the loss of one life and injuries to seven others as of Thursday evening. The strikes targeted vital infrastructure in key regions including Riyadh, the Eastern Province, and Yanbu Industrial City. The assault has led to a substantial reduction in Saudi Arabia's oil production capacity, decreasing by approximately 600,000... [Continue Reading]
360LiveNews | 09 Apr 2026 21:08
Albanese Discusses Australia's Fuel Supply with Singapore's Prime Minister Amid Global Oil Market Disruptions
Prime Minister Anthony Albanese is currently in Singapore, engaging in discussions with his counterpart, Prime Minister Lawrence Wong, regarding Australia's fuel supply amidst ongoing disruptions in the global oil market. Singapore is a critical refining hub, supplying about half of Australia’s petrol. However, significant disruptions are affecting fuel production in Singapore due to the ongoing tensions in the Strait of Hormuz, which have halted the flow of crude oil necessary for the city-state's refineries. Reports confirm that for over a month, the Strait of Hormuz has effectively been closed, impacting the delivery of approximately two-thirds of the crude oil that... [Continue Reading]
360LiveNews | 09 Apr 2026 19:16
Major US airlines increase baggage fees amid rising oil prices linked to conflict in the Middle East
Major US airlines are raising their baggage fees as a response to soaring oil prices resulting from the ongoing conflict between the US and Israel in Iran, which has significantly impacted the aviation industry's operational costs. As the situation persists, carriers Delta Air Lines, United Airlines, and JetBlue Airways have enacted these fee increases, leading to higher costs for travelers. This decision comes in tandem with Delta's announcement of an anticipated pretax profit of approximately $1 billion for the quarter ending in June. On Tuesday, Delta officially revealed its increased baggage fee structure, which will be effective starting Wednesday. Under... [Continue Reading]
360LiveNews | 08 Apr 2026 15:13
Fuel price protests disrupt milk collection from dairy farms, impacting agricultural operations and threatening farmers' livelihoods
Fuel price protests are actively disrupting milk collection from dairy farms across the country, according to reports by Agriculture Minister Martin Heydon. These protests, rooted in broader issues concerning fuel prices, are significantly impacting agricultural operations, particularly threatening animal welfare and the livelihoods of farmers. Reports indicate that some milk tankers are not visiting farms, leaving dairy producers unable to sell their products, a situation which Minister Heydon has described as "denying them a means to make their living.” In his statements, Minister Heydon has condemned the protests, highlighting that the blockages at key transportation ports are severely obstructing the... [Continue Reading]
360LiveNews | 08 Apr 2026 14:53
Philippines to Boost Role in Global Critical Minerals Market with Support from US and Japan
The Philippines is set to enhance its engagement in the global critical minerals and rare earths market, with substantial backing from the United States and Japan. A recent report from the US-based think tank Centre for a New American Security (CNAS) outlines the collaborative efforts required to leverage the Philippines' rich mineral reserves. As the global demand for critical minerals surges, Washington and Tokyo view Manila's assets as essential for reducing reliance on China, which has dominated this sector. The report emphasizes the necessity for the Philippine government to initiate reforms aimed at reducing bureaucratic obstacles and addressing corruption in... [Continue Reading]
360LiveNews | 08 Apr 2026 13:13
Iran Declares Conditional Two-Week Ceasefire and Opens Strait of Hormuz for Safe Passage
Iran's Supreme National Security Council has declared a conditional two-week ceasefire, offering to stop all defensive military actions if attacks against the country are halted. This commitment comes after diplomatic efforts involving Pakistan's Prime Minister and the United States, which has accepted Iran's 10-point negotiation framework alongside its own 15-point proposal. Tehran also pledged to allow safe passage through the strategically critical Strait of Hormuz for two weeks, provided coordination with Iranian Armed Forces, despite certain technical limitations. The Strait of Hormuz is a vital chokepoint for global oil shipments, and its closure has historically threatened international energy markets. The... [Continue Reading]
360LiveNews | 08 Apr 2026 10:30
China enacts regulation to enhance supply chain security amid global uncertainties and economic tensions
China has enacted a significant regulation aimed at strengthening its supply chain security, designating the protection of industrial and supply chains as a matter of national security. This new policy comes amid rising global uncertainties and economic tensions, marking a decisive shift in Beijing's approach to securing vital resources and ensuring the smooth operation of commerce. Though the regulation was passed on March 31, the full details were only released recently, emphasizing its urgent implementation. The newly introduced regulation comprises 18 key points and delegates the authority to local officials to enact penalties against entities that jeopardize China's access to... [Continue Reading]
360LiveNews | 08 Apr 2026 10:13
Rising Demand for Rare Earths Spurs Global Supply Chain Concerns Ahead of G7 Talks
The International Energy Agency (IEA) released a report underscoring the rapidly growing importance of rare earth elements in global technology sectors, including electric vehicles, AI data centers, robotics, and defense. Demand for four key magnet rare earths – neodymium, praseodymium, dysprosium, and terbium – has doubled since 2015 and is projected to grow by more than 30% by 2030. The report highlights concerns about the concentration of rare earth supplies, which poses significant risks to energy security, manufacturing, and technological innovation. These vulnerabilities are driving G7 nations, including France, to explore new mining projects, strategic partnerships, and policy measures to... [Continue Reading]
360LiveNews | 08 Apr 2026 05:48
Over 1,000 beehives destroyed in ACT due to varroa mite outbreak, prompting calls for monitoring and beekeeper registration
The situation surrounding the varroa mite outbreak in the Australian Capital Territory (ACT) continues to escalate as over 1,000 beehives have been confirmed destroyed due to the infestation. This alarming spread of the parasite, first identified in the ACT in April last year, has had a significant impact on local beekeepers and the wider ecological community. The ACT's Biosecurity Engagement Officer is urging residents to actively monitor their beehives and register as beekeepers to combat the spread of this detrimental pest. Statistics shared by experts indicate that half of the ACT's approximately 6,000 beehives have been affected by the varroa... [Continue Reading]
360LiveNews | 07 Apr 2026 21:21
Trump Issues Ultimatum to Iran to Reopen Strait of Hormuz by Tuesday Evening
US President Donald Trump has announced a critical ultimatum to Iran, stating that the nation must reopen the Strait of Hormuz by 8 p.m. ET on Tuesday. Failure to comply will result in severe repercussions, as tensions rise in what has been described as a war between the US and Iran. This development comes amidst ongoing discussions about a ceasefire proposal that Tehran has rejected, indicating its desire for a permanent resolution to the conflict. Trump, in a statement, expressed that he is "not at all" concerned about the implications of potential war crimes linked to US military actions against... [Continue Reading]
360LiveNews | 07 Apr 2026 04:09
Widespread Queues for Cooking Gas Emerge in Delhi Amid Middle East Conflicts and Rising Black Market Prices
In a pressing situation in Delhi, widespread queues have formed as Indians seek cooking gas, a crucial resource amid ongoing disruptions stemming from escalating conflicts in the Middle East, particularly related to the Iran war. Reports indicate that citizens are resorting to a burgeoning black market, where gas cylinders are being sold at exorbitant prices. The price of these cylinders in the black market is currently reported to be about four times the official price, highlighting the economic strain many face in accessing basic necessities. One individual, engaged in a typical transaction, was observed purchasing a gas cylinder for 3,500... [Continue Reading]
360LiveNews | 07 Apr 2026 03:17
Trump threatens to target Iran's infrastructure if demands on Strait of Hormuz are not met, drawing criticism from Congress
In a provocative escalation of rhetoric, President Donald Trump has renewed threats to target Iran’s infrastructure, specifically its power plants and bridges, should Tehran fail to comply with U.S. demands regarding the reopening of the Strait of Hormuz. This declaration, which took place on Easter Sunday, has drawn sharp criticism from various members of Congress who see it as a potential violation of international law, specifically labeling it as a war crime. The warning from the President comes amidst ongoing conflict involving Iran that has severely disrupted oil flows, particularly impacting countries across Asia. As global fuel supplies tighten and... [Continue Reading]
360LiveNews | 06 Apr 2026 19:10
Libya's Oil Sector Struggles Intensify Amid Rising Tensions in the Strait of Hormuz and Global Energy Supply Concerns
Libya's ongoing struggles in its oil sector have intensified, mirroring recent tensions in the Strait of Hormuz as geopolitical players exert their influence over global energy supplies. Recent reports indicate that these disputes have emerged as important flashpoints that threaten the stability of oil markets, particularly in Europe, where supply vulnerabilities are becoming increasingly evident. The latest developments in Libya's oil sector occur against a backdrop where the Strait of Hormuz, a critical maritime chokepoint, has been subjected to escalating tensions. Approximately 20 million barrels of oil flow through this narrow waterway daily, representing about 25 percent of the world’s... [Continue Reading]
360LiveNews | 06 Apr 2026 18:13
Ukraine Conducts Drone Strikes on Key Russian Oil Terminals to Disrupt Military Financing
In a notable escalation in the ongoing conflict, Ukraine has launched drone strikes targeting crucial oil facilities in Russia, specifically the terminals at Ust-Luga and Primorsk. These attacks, which commenced in recent days, are reported to aim at crippling Russia’s ability to finance its military operations by targeting its oil exports. The International Energy Agency indicates that these terminals are vital, handling approximately two-fifths of Moscow's seaborne oil exports and contributing nearly 2% to the global oil supply. Residents of St Petersburg, particularly men like Konstantin, are beginning to notice the effects of these strikes. The 53-year-old St Petersburg resident... [Continue Reading]
360LiveNews | 06 Apr 2026 14:13
Thailand's Prime Minister urges public to conserve energy amid rising oil prices due to Middle East conflict
Thailand’s Prime Minister, Anutin Charnvirakul, has recently called on the public to engage in energy conservation efforts as the country faces a significant surge in oil prices attributable to ongoing conflict in the Middle East. With diesel prices soaring to approximately 50 baht (US$1.54) per litre, Anutin's announcement highlights the stark reality of Thailand's reliance on imported oil amidst geopolitical instability. In a statement disseminated via social media, Anutin emphasized the precarious position of Thailand, given its dependency on oil and gas imports. He implored citizens and the private sector to take measurable actions, such as adopting work-from-home practices (WFH)... [Continue Reading]
360LiveNews | 06 Apr 2026 12:13
Israel assesses Iran has over 1,000 missiles capable of striking the country amid ongoing conflict and Hezbollah's arsenal of rockets
As the conflict enters its second month, Israel has determined that Iran still possesses over 1,000 missiles capable of striking the country. This assessment underscores the continued military support Iran provides to its ally, Hezbollah, which reportedly has access to an arsenal of 8,000 to 10,000 shorter-range rockets. This operational escalation raises alarms regarding potential prolonged hostilities in the region, suggesting that the current conflict may maintain a high intensity for months ahead. The recent revelations come from an interview with an Israeli air force officer, who disclosed the missile counts in a notable shift from prior Israeli communications that... [Continue Reading]
360LiveNews | 06 Apr 2026 06:09
Global oil prices exceed $110 a barrel amid tensions between the US and Iran over the Strait of Hormuz
Global oil prices have surged past $110 a barrel following US President Donald Trump's threatening remarks aimed at Iran concerning the critical Strait of Hormuz. In a recent social media post, Trump warned of potential military action against Iranian infrastructure unless the strait is reopened by Tuesday. This ultimatum has contributed to significant fluctuations in oil markets, where Brent crude has risen by 1.6% to $110.85 and US-traded oil is up by 0.8% at $112.40. The Strait of Hormuz is pivotal for global energy transit, facilitating approximately one-fifth of the world’s crude oil shipments. The recent military threats coincide with... [Continue Reading]
360LiveNews | 06 Apr 2026 02:09
Nepal government extends weekend to two days to address fuel crisis and alleviate citizen discomfort
In a significant response to an ongoing fuel crisis, the government of Nepal has officially extended the weekend from one day to two, implementing Saturday and Sunday as non-working days for all government offices and educational institutions. This emergency decision was taken during a cabinet meeting held today, with spokesperson Sasmit Pokharel indicating that the measures aim to alleviate the discomfort faced by citizens due to drastic fuel shortages. The context for this surprising move can be traced back to the recent escalation of hostilities in the conflict involving Israel and Iran, which has led to soaring fuel prices globally.... [Continue Reading]
360LiveNews | 05 Apr 2026 15:13
China's hydrogen-powered aircraft maiden flight highlights technological advancements amid tensions in the Strait of Hormuz
The ongoing geopolitical tensions in the Strait of Hormuz coincide with China's significant technological advancements in aviation, marked by the recent successful maiden flight of a hydrogen-powered aircraft. This event has provoked discussions around energy resources and regional security, particularly as Iran continues to assert control over vital maritime passages. The aircraft, a powerful uncrewed model, is heralded for establishing a complete technological chain in hydrogen propulsion, showcasing both China's engineering capabilities and its commitment to alternative energy solutions. The aircraft, developed by the Aero Engine Corporation of China (AECC), weighed 7.5 tonnes and is powered by a hydrogen turboprop... [Continue Reading]
360LiveNews | 05 Apr 2026 13:09
Hong Kong's economy shows resilience in Q1, bolstered by mainland China's growth amid Middle East tensions
Hong Kong's economy has demonstrated notable resilience in the first quarter of the year, according to Finance Secretary Paul Chan Mo-po. Despite ongoing tensions and volatility surrounding the conflict in the Middle East, particularly related to the conflict instigated by the United States and Israel against Iran, Hong Kong has managed to stabilize its economic performance. Chan highlighted that the city has leveraged the steady growth of mainland China's economy to fortify its position as a global hi-tech financing hub. In a recent review of Hong Kong's economic health, Chan stated that the complexities of the geopolitical landscape have posed... [Continue Reading]
360LiveNews | 05 Apr 2026 06:13
US Airman Rescued After Being Downed in Iran During Rescue Operation
Early on April 5, 2026, US President Donald Trump confirmed that an airman, who had been downed in Iran during a rescue operation, has been safely recovered. The airman is associated with an F-15 fighter jet that was shot down by Iranian forces two days prior, marking the first instance of an American aircraft crashing within Iranian territory following a recent outbreak of conflict in the region. Trump hailed the operation as "one of the most daring" in US military history, underscoring its complexity and high-risk nature. Details surrounding the incident emerged after the aircraft was downed on Friday, April... [Continue Reading]
360LiveNews | 05 Apr 2026 06:09
Australia Secures Assurances from Asian Nations on Continued Fuel Supply Amid Middle East Tensions
Australia's federal government has received assurances from several Asian nations that the "normal supply" of fuel will continue despite ongoing tensions in the Middle East, specifically associated with the Iran conflict. With the closure of the Strait of Hormuz impacting global oil markets, the government is intensifying efforts to prevent potential petrol and diesel shortages that could arise from these international developments. Nations such as South Korea, Singapore, Malaysia, and Japan have been pivotal in these discussions, given that Australia imports about 90% of its refined fuel from these and other Asian refineries. The Organization of the Petroleum Exporting Countries... [Continue Reading]
360LiveNews | 05 Apr 2026 05:17
Thailand's Fishing Industry Faces Crisis as Fuel Prices Surge Amid Middle East Conflict
The National Fisheries Association of Thailand has raised alarm bells as the nation's fishing industry grapples with escalating fuel costs amidst the ongoing conflict in the Middle East. Reports indicate that approximately 50% of Thailand's fishing fleet is currently docked due to unprecedented diesel prices, which have surged beyond 45 baht (approximately US$1.38) per litre. This price represents a staggering increase of over 30% compared to levels recorded before the onset of the conflict, threatening the livelihoods of an estimated hundreds of thousands employed within the sector. The fishing community, ranging from deep-sea fishers to upscale dining establishments, is bracing... [Continue Reading]
360LiveNews | 05 Apr 2026 03:08
Trump Issues 48-Hour Ultimatum to Iran Over Strait of Hormuz Blockade
In a stark warning, US President Donald Trump has issued a 48-hour ultimatum to Iran, demanding the nation either sign an agreement or lift its blockade on the crucial Strait of Hormuz. This declaration, made via a post on his Truth Social platform, underscores a significant escalation in rhetoric amid ongoing military tensions, characterized by Trump's assertion that "all Hell" would be unleashed should Iran fail to comply. The ultimatum reflects heightened anxiety over maritime security in the region, particularly regarding the Strait of Hormuz, through which a significant percentage of the world's oil passes. Trump's statements allude to previous... [Continue Reading]
360LiveNews | 04 Apr 2026 15:09
UK Faces Potential Fuel Shortages Amid Intensifying Iran-Israel-US Conflict
The United Kingdom is entering a precarious phase as the ongoing conflict involving Iran, Israel, and the United States could lead to severe fuel shortages. Experts warn that unless hostilities cease, the UK may face 'fuel rationing.' This alarming warning comes as the conflict, now five weeks old, intensifies following deadly American and Israeli strikes that resulted in the death of an Iranian leader. In retaliation, Iran has obstructed the vital Strait of Hormuz, a crucial maritime corridor through which roughly 20% of the world's oil supply is transported. This blockade is exacerbating an already critical energy crisis, significantly affecting... [Continue Reading]
360LiveNews | 03 Apr 2026 14:09
When Deterrence Becomes Reality
Yesterday the war crossed a line! For years the Sejjil ballistic missile existed mostly as a symbol. A weapon paraded in military videos, discussed in defense briefings, whispered about in strategic circles as one of Iran’s most serious capabilities. A weapon that analysts described as deterrence, not something meant to be used. But on March 15, 2026, that line disappeared. Iran reportedly launched the Sejjil (also known as Ashoura) as part of what Tehran called the 54th wave of Operation True Promise 4, a massive strike package that also included the Fattah hypersonic missile and the Qadr ballistic missile system.... [Continue Reading]
360LiveNews | 16 Mar 2026 18:34
