AnewZ Morning Brief - 12 March, 2026

AnewZ Morning Brief - 12 March, 2026
Reuters

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.

Iran withdraws from 2026 World Cup over U.S. led airstrikes


Iran has officially pulled out of the 2026 FIFA World Cup, with Sports Minister Ahmad Donyamali declaring that the national team will not compete in a tournament co-hosted by a "corrupt" U.S. regime. Citing the recent assassination of the Supreme Leader and the deaths of over 1,300 Iranian civilians during the ongoing allied bombardment, Tehran stated that basic conditions for participation and safety "do not exist". The unprecedented withdrawal disrupts Group G, where Iran was scheduled to face Belgium, Egypt, and New Zealand, and comes despite earlier assurances from FIFA President Gianni Infantino that the squad would be welcome to compete in the United States.

Iranian strikes set tankers ablaze near Iraq as regional attacks intensify


The Middle East conflict has escalated further on its twelfth day, with Iranian forces setting two oil tankers ablaze in Iraqi waters and drone strikes injuring two people in a residential building in southern Kuwait. Tehran has also reportedly denied passage to Indian-flagged vessels through the Strait of Hormuz, aggressively defying U.S. President Donald Trump’s recent claims of an imminent military victory. Meanwhile, Israeli airstrikes have hit an apartment building in central Beirut for the second time in recent days, as Iran's UN Ambassador accuses the U.S. and Israel of destroying nearly 10,000 civilian sites since the campaign began.

IEA releases record oil reserves as global fuel crisis deepens


In an extraordinary bid to stabilise volatile energy markets, all 32 members of the International Energy Agency have agreed to release a record 400 million barrels of emergency crude reserves. The coordinated intervention comes as global oil prices hover around $100 a barrel, prompting severe knock-on effects worldwide, including the two-week closure of schools and the implementation of a four-day working week for government departments in Pakistan. Despite the emergency release, Iran’s Islamic Revolutionary Guard Corps has warned that prices could still skyrocket to $200 a barrel, vowing to target any U.S. or allied shipping attempting to navigate the highly contested Strait of Hormuz.

 
Macron rules out lifting Russia sanctions to ease energy pressures


French President Emmanuel Macron has firmly ruled out lifting international sanctions against Russia as a mechanism to alleviate the mounting global energy crisis triggered by the Middle East conflict. Describing the Strait of Hormuz as an active "theatre of war", Mr Macron stressed that the conditions for Russian sanctions relief remain unmet. Instead, he called for a coordinated international effort to escort commercial shipping through the strategic waterway and maintain a robust naval presence across the eastern Mediterranean and the Red Sea.

UNICEF warns of 'catastrophic' toll as 1,100 children fall victim to conflict


The United Nations children’s agency has issued a stark warning regarding the severe humanitarian toll of the escalating Middle East conflict, reporting that more than 1,100 children have been killed or injured since hostilities erupted on 28 February. Describing the rapidly deteriorating situation as "catastrophic for millions of children across the region", UNICEF’s urgent appeal highlights the devastating, disproportionate civilian cost of the continuous missile and drone exchanges currently ravaging the Middle East.

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