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Britain is hosting a virtual meeting of 35 countries to discuss reopening the Strait of Hormuz, which Iran has effectively shut down amid the US-Israeli war. The US will not attend, and Australia is among participants weighing contributions to secure the vital waterway.
A magnitude 7.4 earthquake struck the northern Maluku Sea off Indonesia's Ternate, prompting tsunami warnings for parts of Indonesia, the Philippines, and Malaysia. The USGS revised initial depth estimates, while no immediate injuries were reported. Regional authorities urged evacuations in some areas.
The Philippines has sought and reportedly received assurances from Iran for the safe passage of its flagged vessels through the Strait of Hormuz, amidst a blockade that has stranded thousands of ships. The development follows direct talks between Philippine and Iranian officials, highlighting the country's dependence on Middle Eastern energy imports.
India has boosted purchases of Russian oil, including spot orders, during a US sanctions exemption period, according to Russian Deputy Foreign Minister Andrey Rudenko. A source in India's government told TASS that New Delhi will continue buying Russian oil regardless of US actions, citing energy security needs.
Disruptions to fertiliser exports from the Persian Gulf and Black Sea, driven by recent conflicts, have driven up global prices and raised concerns over food security. Analysts suggest China, as the world's largest fertiliser producer, could gain political leverage, while farmers worldwide face mounting pressures.
The White House says President Donald Trump is interested in having Arab countries pay for the war with Iran, while thousands of US troops arrive in the Middle East. The conflict enters its second month with mounting concerns over costs and new developments including UN peacekeeper deaths and threats from Iran's Revolutionary Guard.
A year after President Trump's sweeping tariffs, the US Supreme Court struck down most of them, but the economic impact lingers: households paid about $1,000 more, manufacturing shed jobs, and global markets were roiled. This article examines the key facts, the legal battles, and the ongoing trade negotiations.
Russian diplomats have issued fresh warnings to South Korea, stating that any arms deliveries to Ukraine would seriously damage bilateral ties and trigger retaliatory measures. The warnings come amid reports that Seoul is considering participating in a U.S.-led initiative to supply weapons to Kyiv.
Police in South Korea have referred Park Wang-yeol, a drug trafficker temporarily repatriated from the Philippines, to prosecutors on allegations of smuggling and distributing billions of won in illegal drugs. He is accused of running operations via Telegram while serving a murder sentence abroad. Authorities cite large drug seizures, cryptocurrency links, and dozens of detained accomplices.
Oil prices have surged significantly since the outbreak of hostilities in the Middle East, with estimates ranging from 40 to 70 percent depending on the timeframe and commodity measured. Governments across Europe are implementing emergency tax cuts and subsidies while EU officials urge citizens to conserve energy amid concerns of industrial disruption and rising import costs.
The US-Israeli war with Iran has disrupted global energy markets, with developing countries in Asia, Africa, and the Middle East facing soaring fuel costs. Nations like Pakistan, Bangladesh, and Egypt have implemented conservation measures, while Israel remains insulated due to its offshore gas fields. The conflict has also caused significant drops in Strait of Hormuz traffic and rising oil prices, with experts warning of disproportionate impacts on vulnerable populations.
Unverified casualty figures citing 217 injured—including Russian nationals—derive exclusively from TASS reports attributing strikes to Iran, with no independent confirmation from UAE officials or international monitors. Critical operational details including attack dates, weapons used, and geographic targets remain unspecified, while contradictory claims about Russian victims highlight data reliability concerns.