Strait of Hormuz blockade should continue says Iran's new Supreme Leader: Middle East conflict on 12 March
Iran should continue “blocking the Strait of Hormuz,” while the U....
U.S. President Donald Trump said he will stop defence contractors from paying dividends or buying back shares until weapons production speeds up, criticising the industry for delays and high costs.
Trump also called executive pay “exorbitant and unjustifiable” and proposed a $5 million cap, far below current levels, while urging companies to build new production plants to deliver and maintain military equipment more efficiently.
Shares of defence firms fell after Trump’s remarks, reversing gains following recent high-profile U.S. military operations, including the capture of Venezuelan President Nicolás Maduro and his wife.
Trump did not provide details on how limits on dividends or buybacks would be enforced.
Programmes such as Lockheed Martin’s F‑35 fighter jet and Northrop Grumman’s $140 billion Sentinel missile system have faced delays and cost overruns, highlighting industry challenges.
The 32 countries belonging to the Internatioanl Energy Agency agreed to release 400 million barrels of oil on Wednesday (11 March), in efforts aimed at bringing down the price of crude oil, which has soared since fighting between Iran, Israel and the U.S. started at the end of February.
The U.S. should shut down its military bases in the Middle East, Iran's new Supreme Leader Mojtaba Khamenei said on Thursday (12 March). His words were read out by a broadcaster on state Iranian television.
A towering lava fountain from Kilauea shot about 400 metres into the air late on Tuesday (11 March) on Hawaii Island, prompting temporary closures at Hawaii Volcanoes National Park and part of a key highway as volcanic ash and debris fell over nearby areas.
More than 68,000 children in eastern Afghanistan have been displaced after clashes between Afghan and Pakistani forces intensified along the border, according to a new report by Save the Children.
Norwegian police apprehended three brothers suspected of carrying out Sunday's (8 March) bombing at the U.S. embassy in Oslo, in an attack investigators have branded an act of terrorism.
Freight transport on the China–Europe Railway Express grew strongly in the first two months of 2026, highlighting the growing importance of rail links between Asia and Europe. The network moved about 352,000 shipping containers between January and February, a 25% increase from a year earlier.
At least 64 people have been killed in southern Ethiopia following recent landslides and floods, the regional government’s communications office said on Thursday (12 March), citing local police
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 12th of March, covering the latest developments you need to know.
Norwegian police apprehended three brothers suspected of carrying out Sunday's (8 March) bombing at the U.S. embassy in Oslo, in an attack investigators have branded an act of terrorism.
Oil prices continue to fluctuate as a result of the conflict in the Middle East with Iran and the insecurity of ships sailing through the key Strait of Hormuz route. Iran has said it will target any ship linked to the U.S., Israel or their allies.
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