Bahrain
Russia accuses US and Israel of unleashing unprecedented violence in Middle East
Russia's foreign ministry accuses the US and Israel of unleashing unprecedented violence in the Middle East and calls on all sides to halt hostilities as Hormuz shipping remains paralysed.
Iran targets US businesses in the Gulf
The IRGC announced an attack on an American financial institution in the Middle East over the weekend in retaliation for a hit on an Iranian bank in Tehran last week and warned all US businesses could become legitimate targets.
Discounts on Russia’s Urals blend oil fall to zero
Russia is poised to reap a major financial windfall from rising global oil prices due to the war in the Gulf, after the discounts on the Urals blend of oil fell to zero in the last week
The Iranian revolution has been reversed
In the first video US President Donald Trump released following the start of operation epic fury he calls on the Iranian people to rise up in what he called a “once in a generation opportunity” to take back control of their own country.
Trump calls on allies to send naval support to the Gulf
US President Donald Trump has demanded NATO allies and China send their warships to aid the US in reopening the Straits of Hormuz. Most have refused.
Warning of potential nuclear risk in Iran echoes Putin’s Ukraine war rhetoric
A senior adviser to US President Donald Trump has warned that escalating conflict between Israel and Iran could lead to “truly catastrophic” nuclear weapons use.
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Trump losing his patience with Zelenskiy
US President Donald Trump is losing his patience with Ukraine after Ukrainian President Volodymyr Zelenskiy reached out to the White House last week calling for supplies and criticised the White House decision to temporarily ease sanctions on Russia.
IEA releases details of historic oil reserves release member shares
The International Energy Agency released details of the contribution by members to the “largest release of oil reserves in history” that it announced on March 11 to calm the oil market and bring down prices.
Satellites show extent of Iranian precision strikes
The Trump administration restricted access to real time commercial satellite images of the Middle East after images showed the effectiveness and extent of the damage Iranian powerful precision missile strikes have done to key US assets.
Israel planning to invade southern Lebanon
Israel is preparing plans for a large-scale ground offensive into southern Lebanon aimed at pushing the Iran-backed militant group Hezbollah away from the border and dismantling its military infrastructure, according to US and Israeli officials.
Hamas urges Iran not to target Gulf states amid widening regional war
Hamas has called on Iran to refrain from attacking neighbouring countries, in a rare public appeal that highlights emerging strains within Tehran’s regional alliance network as conflict spreads across the Middle East.
COMMENT: whoever wins control of the Straits of Hormuz will control half of China's oil flow
A battle is looming for control of the Strait of Hormuz, one of the most strategically important waterways in the world. Whoever controls the narrow passage between Iran and Oman effectively holds a lever over a large share of global energy flows.
Middle East war strains US air defence supplies needed by Ukraine
The scale of the fighting in the Middle East is eating into stockpiles that might otherwise have been available for Ukraine, the two conflicts in direct competition for the same limited supply of high-end defensive weapons.
Trump is fighting the Fremen in Iran
“He who can destroy a thing, controls the thing,” said Paul Atreides, the protagonist, played by Kyle MacLachlan in David Lynch’s version of Frank Herbert’s legendary sci-fi film Dune. “He who controls the spice controls the universe!”
US bombs Kharg Island, prepares for possible ground invasion
The US has bombed military installations on Iran’s critical Kharg island that is responsible for more than 90% of Iran’s oil exports and is moving thousands of troops into the Gulf in preparation for a possible ground invasion.
Gulf war tensions push geopolitical risk index to 9/11 highs - Oxford Economics
The outbreak of what has been called “the worst energy disruption in history” by the IEA International Energy Agency (IEA) has sent the global geopolitical risk index to levels not seen since the 9/11 terrorist attacks on New York.
Asia and Europe to battle over dwindling LNG cargoes
Asian and European energy buyers are competing to secure increasingly scarce LNG cargoes after conflict in the Middle East disrupted shipments through the Strait of Hormuz, the Financial Times reported on March 12.
Pattern of tanker missile strikes spread beyond chokepoints as maritime threat reaches ‘critical’ level
Attacks on commercial vessels across the Persian Gulf and surrounding waters are intensifying and spreading beyond the traditional shipping lane chokepoint in the Straits of Hormuz, maritime security officials warned.
IEA calls Middle East oil shock "the largest supply disruption in the history of the global oil market"
The war in the Middle East is triggering what the International Energy Agency called "the largest supply disruption in the history of the global oil market” in its latest monthly oil report.
Temporary US sanctions waiver for Russian oil fails to cool crude prices above $100
The US Treasury Department's Office of Foreign Assets Control (OFAC) issued a 30-day general license on March 12 to purchase Russian crude oil and petroleum products loaded on vessels before that day.