“Get ready for oil to be $200 a barrel," a spokesman for the Iranian Army warned the world on Wednesday (11 March), as attacks on ships in the Strait of Hormuz escalated. Meanwhile, 32 countries agreed to the largest ever release of oil reserves in an attempt to reduce prices.
Iranian Army Spokesman, Ebrahim Zolfaqri, warned the world to prepare for oil to climb to $200 a barrel on Wednesday. In words directed at Washington, he added: "The oil price depends on regional security, which you have destabilised."
His remarks came as three ships were reportedly struck in the critical Strait of Hormuz sea passage, including the Thai-flagged Mayuree Naree, which was seen smoking after being struck by an object.
Nations belonging to the International Energy Agency agreed to release 400 million barrels of oil in efforts aimed at bringing down the price of crude oil, which has soared since conflict broke out between Iran, the U.S. and Israel.
The proposed discharge is in excess of the 182 million barrels of oil that IEA nations put onto the market in two stages in 2022, after Russia’s invasion of Ukraine.
Iran’s President Masoud Pezeshian told Iranian news agency ISNA that Mojtaba Khamenei was in good health, despite earlier reports he had been injured during U.S.Israel airstrikes.
Earlier, an unnamed Iranian official told Reuters that the 56-year-old Supreme Leader was ‘lightly injured but continuing to operate’.
During a visit to Azerbaijan on Wednesday, President of the EU Council Antonio Costa said he “condemned in the strongest terms” the recent Iranian attack on Nakhchivan Airport.
Speaking at a press conference with Azerbaijani President Ilham Aliyev, Costa added: “The European Union remains committed to working with all partners through dialogue and diplomacy to de-escalate tensions and protect civilians.”
A player from the Iranian women’s team has decided to go back to Iran, despite being granted a humanitarian visa in Australia.
The player was among five members of the team who sought asylum in Australia, after they were labelled “traitors” by Iranian state media for refusing to sing the Iranian national anthem at the start of a Women’s Asian Cup game last week.
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The explosion at King Khalid International Airport in Riyadh on Saturday afternoon killed at least 12 people and injured a further 309, according to Saudi Arabia’s Civil Aviation Authority. The airport remains closed until further notice.
One person was killed and nearly a dozen hurt in a new attack Riyadh's international airport on Sunday, Saudi authorities reported, a day after a strike claimed by Yemen's Houthis that killed 13 people and wounded more than 300.
Yemen's Houthis renewed warning to airlines, airport workers, and travellers against using Saudi airports, saying the warning should be taken seriously and that the kingdom “bore responsibility for failed interceptions”, a day after an attack on Riyadh's international airport that killed 12 people.
The Houthi movement has escalated their attacks on Saudi Arabia, targeting the airport in Riyadh and other cities, killing more than a dozen people.
Ukraine is ready to stop attacks on Russian oil refineries if Moscow also halts strikes on Ukrainian energy infrastructure, President Volodymyr Zelenskyy said on Sunday.
One person was killed and nearly a dozen hurt in a new attack Riyadh's international airport on Sunday, Saudi authorities reported, a day after a strike claimed by Yemen's Houthis that killed 13 people and wounded more than 300.
Russia's TASS news agency is reporting that Russia's defence and digital development ministries are in talks about how to protect data centres, after several Yandex centres were targeted in Ukrainian drone attacks.
The 2026 Judo World Championships in Azerbaijan's capital came to a close with Japan claiming gold for the mixed team event of the competition, defeating Russia 4-1 in the final.
Pakistan has declared a state of emergency in Khyber Pakhtunkhwa, suspending the provincial government led by jailed former Prime Minister Imran Khan’s party. The move comes as tensions rise ahead of a planned protest calling for his release.
Yemen's Houthis renewed warning to airlines, airport workers, and travellers against using Saudi airports, saying the warning should be taken seriously and that the kingdom “bore responsibility for failed interceptions”, a day after an attack on Riyadh's international airport that killed 12 people.
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