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Global oil shipping through the Strait of Hormuz has effectively halted after Iran’s Islamic Revolutionary Guard Corps declared the strategic waterway closed and threatened to attack any vessel attempting to pass, sending shockwaves through global energy markets. The crisis began on February 28 following coordinated air strikes by the......
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......
Asian stock markets fell sharply on Wednesday as escalating tensions involving the United States, Israel and Iran rattled investor confidence and pushed oil prices higher across global markets. South Korea’s Kospi index plunged as much as 10 percent, triggering circuit breakers that temporarily halted trading. Other major regional benchmarks......
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 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......
Israeli forces say about 300 Iranian ballistic missile launchers have been destroyed during the first six days of a joint U.S. and Israeli air campaign, but Iran’s extensive network of underground missile facilities continues to challenge efforts to eliminate the country’s missile capabilities. The strikes are part of “Operation......
Turkish authorities have condemned the arrest of two journalists in Tel Aviv who were covering the ongoing Middle East conflict, according to statements from Turkish officials and Israeli police on Tuesday. Emrah Cakmak, a reporter for CNN Türk, and Halil Kahraman, a cameraman, were detained while reporting live from the city, the Turkish......
Israeli and U.S. forces carried out airstrikes on Tuesday in Iran targeting the building that houses the Assembly of Experts, the institution responsible for selecting a new Supreme Leader following the death of Ayatollah Ali Khamenei at the onset of the ongoing conflict, local media reported. According to the Tasnim news agency, the attack......
French President Emmanuel Macron is scheduled to speak to the nation Tuesday at 8:00 p.m. local time, addressing rising tensions in the Middle East following recent military operations involving Israel and United States in Iran. The Élysée Palace announced that Macron’s televised address will be broadcast across major......
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......
Governments across the Asia-Pacific region are accelerating evacuation plans and reinforcing energy security measures as escalating hostilities in the Middle East disrupt global oil flows and unsettle financial markets. Countries including China, India, Pakistan and Australia have mobilized diplomatic and logistical resources to assist citizens......
The conflict involving Iran, Israel and the United States intensified on its fourth day, with Tehran launching attacks on US-linked sites in the Gulf while Israel continued simultaneous airstrikes in Iran and Lebanon. Iran’s Revolutionary Guards warned that “the gates of hell” would open further against the United States......
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,......
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