G7 set to discuss climbing oil prices, release of emergency reserves
The Group of Seven (G7) finance ministers will meet on Monday to discuss a global rise in oil prices and a joint r...
Israel’s military on Monday reported a missile attack launched from Yemen, intensifying already heightened regional tensions following a dramatic escalation in hostilities between Israel and Iran.
In a brief statement, the Israeli army said the missile fired from Yemen triggered air-raid sirens in southern Israel, though it did not confirm whether the projectile caused any casualties or damage. There was no immediate claim of responsibility from Yemen’s Houthi group, which has previously aligned itself with Iran in regional conflicts.
The Israeli army also reported sirens sounding in the Jordan Valley area of the occupied West Bank, attributing them to a violation of Israeli airspace by a “hostile aircraft.” No further information was provided about the incident.
These developments come amid a broader confrontation that began Friday, when Israel carried out coordinated airstrikes on multiple Iranian targets, including military installations and nuclear facilities. The strikes prompted Tehran to launch retaliatory missile attacks over the weekend.
According to Israeli authorities, at least 24 people have been killed and hundreds wounded in Iranian missile strikes since the hostilities began. Iran, in turn, reported 224 fatalities and more than 1,000 injuries as a result of Israeli assaults.
The reported missile from Yemen signals a possible widening of the conflict beyond the Israel-Iran axis, potentially drawing in other regional actors such as the Iran-aligned Houthis, who have previously targeted Israeli territory in solidarity with Palestinian factions and Iran.
As tensions escalate, international observers have warned of the growing risk of a broader regional war, with calls mounting for restraint on all sides to prevent further destabilization in the Middle East.
Trump says the United States "don’t need people that join wars after we’ve already won," targeting his criticism at UK Prime Minister Keir Starmer. Israel continues to fire missles at strategic sites in Iran and Gulf regions report more strikes from Iran.
Baku has completed its evacuation of staff from the Azerbaijan Consulate General in Tabriz, while most employees from the Azerbaijan Embassy in Tehran have also returned.
Tehran’s Mehrabad Airport came under attack in heavy airstrikes on early Saturday morning (7 March), Iranian news agencies reported.
U.S. President Donald Trump threatened further attacks on Iran on Saturday (7 March), while the United Arab Emirates and Saudi Arabia continued to shoot down missiles in their airspace. Meanwhile, Iran’s President Masoud Pezeshkian said Tehran would stop attacking its neighbours.
Russian attacks on Ukraine’s second largest city in the early hours of Saturday (7 March) killed 10 people, including two children. Kharkiv mayor, Ihor Terekov, said 10 residents died after a Russian ballistic missile hit a five storey apartment block in the city.
Bahrain’s state-owned oil company Bapco has declared force majeure after an attack set the country’s only refinery ablaze. The firm says domestic supplies remain secure, but operations are disrupted by the ongoing Middle East conflict, underscoring regional energy risks.
Iran named Mojtaba Khamenei to succeed his father Ali Khamenei as supreme leader on Monday (9 March), signaling that hardliners remain firmly in charge, as the week-old U.S.-Israeli war with Iran pushed oil above $100 a barrel.
An Israeli air strike and tank shelling killed six Palestinians, including two girls, in Gaza City on Sunday (8 March) in two separate attacks, local health officials say.
Mojtaba Khamenei, son of the late Ayatollah Ali Khamenei, is a hardline cleric with strong backing from the Islamic Revolutionary Guard Corps. His rise signals continuity in Tehran's anti-Western policies.
After days of high-altitude competition and fierce rivalries and despite challenging conditions in Shahdag, Europe’s top athletes pushed to the summit in one final test of endurance before the competition finished.
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