US expands evacuations from Saudi Arabia and Oman after Iran strikes diplomatic sites

The United States has expanded evacuation efforts across the Middle East after Iranian drone strikes targeted American diplomatic facilities in Saudi Arabia and the United Arab Emirates, marking a further escalation in the growing military confrontation between Washington and Tehran. Iranian drones struck the U.S. embassy compound in Riyadh......

EDP chief says Middle East war boosting demand for renewable energy

The conflict in the Middle East is reshaping the global energy debate as rising oil and gas prices renew calls for a faster transition to renewable power. As the military confrontation involving the United States, Israel and Iran enters its second week, disruptions to fossil fuel supply chains have prompted energy executives and climate groups......

Iran conflict could erase $56 billion from Middle East tourism, report says

The growing military confrontation involving Iran could wipe out up to $56 billion in tourism revenue across the Middle East this year, according to a new analysis by Tourism Economics, a research unit of Oxford Economics. The report estimates that international visitor arrivals to the region could fall between 11 percent and 27 percent in......

Iran says Rubio admitted US entered “war of choice” for Israel

Iran said U.S. Secretary of State Marco Rubio effectively acknowledged that Washington joined a voluntary conflict on Israel’s behalf after he defended the joint American Israeli military operation against Iran during remarks at the U.S. Capitol. Speaking before a closed door briefing with lawmakers on March 2, Rubio said the United......

Italy summons Iranian ambassador after drone strike on Cyprus

Italy has summoned the ambassador of Iran following a drone attack targeting a British military base in Cyprus, in a move that underscores mounting diplomatic tensions across the region. According to Italy’s Foreign Ministry, the decision to call in the Iranian envoy was intended to formally protest the strike, which reportedly involved......

Iran’s mass drone and missile strikes rattle Gulf security

Iran has unleashed a sweeping campaign of missile and drone attacks across the Persian Gulf, striking the United Arab Emirates, Kuwait, Bahrain, Qatar, Saudi Arabia, Jordan, and Iraq in response to coordinated United States and Israeli airstrikes that killed Supreme Leader Ayatollah Ali Khamenei. The offensive, which began on 28 February and......

US and Israel intensify air campaign in Iran as conflict enters fourth day

The joint US and Israeli offensive on Iran has entered its fourth day, with more than 1,250 targets struck across the country since the first wave of attacks on 28 February 2026. The operation, known in Washington as Epic Fury and paired with Israel’s own campaign, has focused on Iranian leadership, ballistic missile infrastructure,......

Eurozone inflation edges up to 1.9 percent as Iran conflict fuels energy shock

Eurozone inflation picked up in February as the war involving Iran, the United States and Israel sent energy markets into turmoil and revived concerns about new price pressures in Europe. A flash estimate from Eurostat showed consumer prices in the 21-country currency bloc rising 1.9 percent year on year, up from 1.7 percent in January and......

Eurozone inflation edges up to 1.9 percent as Iran conflict fuels energy shock

Eurozone inflation picked up in February as the war involving Iran, the United States and Israel sent energy markets into turmoil and revived concerns about new price pressures in Europe. A flash estimate from Eurostat showed consumer prices in the 21-country currency bloc rising 1.9 percent year on year, up from 1.7 percent in January and......

Iran launches sweeping cyber retaliation after US-Israeli strikes

Iranian-aligned hackers have opened a major cyber front against Gulf states and Israel following joint US-Israeli strikes on Iranian military and nuclear facilities. The campaign has hit government networks and critical infrastructure across the Middle East, underscoring how cyber operations now sit at the center of the confrontation between......

US and Iran count rising toll as Epic Fury spreads across Middle East

The death of Iran’s supreme leader Ayatollah Ali Khamenei in joint United States and Israeli airstrikes has plunged the Middle East into a fast‑escalating regional war that is already killing large numbers of civilians and soldiers on all sides. Khamenei was killed when his compound in Tehran was struck during the opening wave of Operation......

Global finance braces for mounting Iran crisis risks

Banks, hedge funds and insurers spent the weekend racing to map out their exposure to the Middle East as the escalating confrontation between Iran, the United States and Israel disrupted markets, travel and business operations across the Gulf. The latest round of strikes, which hit targets in the United Arab Emirates and other Gulf states,......

Black smoke over Dubai as Iranian strikes ignite fires at Jebel Ali and Palm Jumeirah

Fresh satellite images show thick black smoke rising over Dubai after Iranian missile and drone strikes triggered fires at Jebel Ali port and on the Palm Jumeirah, driving home how the widening conflict has reached the heart of the United Arab Emirates’ commercial hub. Pictures taken on March 1 capture smoke columns and burn scars across......

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