Turkey is seeking an off-ramp to the war involving Iran, engaging both the US and the Islamic Republic in an effort to initiate negotiations on a potential deal, sources familiar with the matter told Middle East Eye on March 24.
Finland’s President Alexander Stubb has warned that relations between the US and Europe are fracturing under Donald Trump’s policies, urging allies to “salvage what you can” of the transatlantic alliance.
More than 40 energy assets across nine countries in the Middle East have been “severely or very severely” damaged by the ongoing conflict, raising the risk of prolonged disruption to global energy supplies, according to the IEA.
Finland’s President Alexander Stubb has warned that relations between the US and Europe are fracturing under Donald Trump’s policies, urging allies to “salvage what you can” of the transatlantic alliance.
Russia could earn as much as $252bn in windfall export revenues from escalating conflict in the Middle East, as higher energy prices driven by tensions in the Persian Gulf bolster the Kremlin’s finances, according to analysis by KSE.
Will GCC be drawn into war and unite against Iran? The foreign ministers of Turkey, Saudi Arabia, Egypt and Pakistan met in Riyadh on March 18 to discuss a possible security pact and taking up arms against Iran.
A Russian energy analyst says Iran's "open to all" Hormuz policy would in practice block most Gulf and European shipping, as Tehran keeps the definition of "enemy" vessels deliberately vague.