Israel’s latest strikes on Beirut risk repeating the logic of the 1982 invasion of Lebanon — a moment when a single attack gave Israeli leaders the opportunity to escalate a war they were already prepared to fight.
Ukrainian drone manufacturers are preparing to supply interceptor drones to Gulf states seeking cheaper ways to counter Iranian Shahed attacks, as heavy use of US air defence systems in the Middle East raises concerns about missile shortages.
Corridor narrows further when drone attack on Azerbaijan’s Nakhchivan airport forced partial airspace closure.
Iran denies launching strikes against Turkey, Azerbaijan and Cyprus, suggesting the attacks were staged provocations while also accusing the US of seeking to seize Iranian oil resources.
Bahrain's national energy company Bapco Energies declared a force majeure on operations following an Iranian drone attack on its refinery complex in Sitra during the early hours of March 9.
The escalating conflict involving Iran risks delivering a fresh energy shock to the eurozone, potentially lifting inflation while slightly slowing economic growth, according to Nicola Nobile, chief Italy economist at Oxford Economics.
The closure of the Strait of Hormuz has thrown a harsh spotlight on a simple but decisive question for Asian governments: how long their energy reserves can last as part of the 2026 energy shock