The ongoing West Asia conflict between Israel, the United States, and Iran has created the first global oil market supply disruption in its history, according to a recent report by the International Energy Agency (IEA). The supply disruption is due to the halt in shipping traffic through the Strait of Hormuz. The report emphasizes that …
Hong Kong : Oil prices on Friday pared earlier gains on the intensifying Iran war, falling back to around USD 108 a barrel, as Iran strikes Gulf energy facilities, while Asian shares were mostly down following Wall Street losses. US futures edged up 0.1 per cent. Oil prices had a roller-coaster day on Thursday with …
Dubai:Israel bombed Iran's South Pars, the world's largest gas field, and Tehran retaliated by intensifying its attacks on oil and natural gas facilities in Kuwait, Saudi Arabia, the UAE and Qatar in the Gulf region. Hours later, six major powers, including Britain, France, Germany and Japan, said they were ready “to contribute to appropriate efforts …
DOHA/RIYADH: European powers and Japan said on Thursday they would act to stabilise energy markets and join "appropriate efforts" to open the Gulf's energy chokepoint after tit-for-tat strikes on energy plants dramatically escalated the U.S.-Israeli war on Iran. Countries have been scrambling to cushion the impact of soaring energy prices after Qatar reported "extensive damage" …
Iranian lawmakers have proposed a plan to impose tolls and taxes on ships passing through the strategic Strait of Hormuz, local media reported on Thursday. Officials have said shipping conditions through the waterway will not return to those from before the Middle East war began with US-Israeli strikes on Iran on February 28. "We in …
Spy chief Tulsi Gabbard dodged questions about the severity of the threat posed by Iran in Senate testimony on Wednesday, with the long-time skeptic of foreign interventions careful not to contradict either her own past beliefs or the Trump administration’s stance on the conflict. Gabbard, who was appointed by President Donald Trump to lead the …
In early March, authorities in Kenya's Nairobi arrested two suspects, Zhang Kequn (a Chinese national) and Charles Mwangi (a Kenyan national), who were caught with 2,248 ants stored in test tubes and tissue paper. The insects were kept alive and carefully packed for transport, showing a clear intent to smuggle them abroad. The arrest took …
Tehran: Iran's military said it would target energy infrastructure across the Gulf following a US-Israeli attack on its facilities at a major gas field, state television reported on Wednesday. The military's operational command Khatam Al-Anbiya said in a statement that it would "severely strike the source of the aggression and consider targeting the fuel, energy …
A bright meteor-like fireball streaked across the sky over the United States on the morning of March 17, around 9:00 AM local time, astonishing residents across Ohio, Pennsylvania, New York, and Michigan. The rare daytime event was followed by a loud boom and ground vibrations, sparking panic among locals. Many initially feared an explosion, plane …
Dubai: Israel’s defense minister said on Wednesday that the Israeli military killed Iranian Intelligence Minister Esmail Khatib. Israel Katz announced Khatib’s killing and said that “significant surprises are expected throughout this day on all the fronts,” without elaborating. Khatib’s killing follows Israel killing top Iranian security official Ali Larijani and the head of the paramilitary …
