91d ago
Middle East Conflict

Day three of the U.S.-Iran conflict: Further strikes and oil price surge

The U.S.-Iran crisis has entered its third day, with further strikes reported across the Middle East and the death toll rising. Oil prices have surged to levels last seen during the Covid-19 pandemic, raising fears of economic disruption and higher prices worldwide. 

92d ago
Middle East conflict

China, Russia call for talks amid rising Iran conflict

China’s Foreign Minister Wang Yi has held talks with his Russian counterpart Sergei Lavrov following recent military strikes carried out by the United States and Israel on targets in Iran, as tensions in the Middle East continue to rise.

92d ago
View from Kazakhstan

Power shift in Iran may open Kazakhstan's fastest route to global trade

As tensions escalate in the Middle East, Kazakhstan is assessing the impact on its trade routes, diplomatic ties and citizens in the region. Analysts say the crisis could test Astana’s ability to balance economic interests, security concerns and foreign policy priorities.

92d ago
Middle East conflict

EU sees no immediate oil supply impact from Iran conflict

The European Commission sees no immediate impact on the European Union's security of oil supply from the escalating conflict in the Middle East, it said in an email to EU governments, seen by Reuters on Monday (2 March).

92d ago
Middle East conflict

UK allows U.S. use of British bases for Iran defence strikes

The UK said it's allowing the U.S. to use its bases for defensive strikes against Iran amid escalating missile attacks, after a suspected drone strike hit a British airbase in southern Cyprus, causing limited damage.

92d ago
Saudi Arabia's Aramco

Saudi Aramco shuts Ras Tanura oil refinery after Iran's drone attack

Saudi Arabia’s state oil giant Saudi Aramco closed its Ras Tanura refinery on Monday following an Iranian drone strike, an industry source told Reuters as Tehran retaliated across the Gulf after a U.S.-Israeli attack on Iranian targets over the weekend.