Middle East war: global economic fallout
The US Treasury Department said it would temporarily allow the sale of Russian oil that is at sea, as energy prices soared after US-Israeli strikes on Iran plunged the crude-rich Middle East into war.
Tag: Iran war
Merz Warns Against Iran State Collapse, Uncontrolled Migration
Merz said a total collapse of the Iranian state would spread chaos, a point he also stressed speaking at a trade fair in Munich.
20,000 Seafarers, 15,000 Passengers Stuck in Gulf: UN Agency
Iran has effectively shut down the Strait of Hormuz, through which a fifth of the world’s crude and considerable supplies of liquefied natural gas travel.
Internet Blackout Leaves Anxious Iranians in The Dark
Iranian authorities shut off internet access on Saturday after Israel and the United States began air strikes, plunging the country into an information blackout.
Airlines Disrupted by Iran-Israel Conflict
Global airlines have suspended or reduced flights in the Middle East as the conflict between Israel and Iran rages after the United States bombed three Iranian nuclear enrichment sites at the weekend.
Ukraine Drone Attack Causes Fire at Russian Oil Refinery
Ukrainian drone and missile attacks on a neighbouring Russian region had been “neutralised”, the area’s governor said Thursday, but they caused a brief fire at a local oil refinery.
Trump Promises To End Wars With a ‘Strong Military’
Trump, who campaigned on an “America First” foreign policy, has said previously that he wanted to strike a deal between Kyiv and Moscow, without giving details, and end bloodshed in the Middle East.
