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Minns government introducing legislation to significantly increase penalties. Follow the day’s updates live Jim Chalmers has confirmed Treasury modelling suggests the war and other economic conditions could push inflation in Australia to the “mid- to high fours”. Labor has been battling sticking inflation, but economic shocks from the Middle East will make the task much harder, putting extra pressure on the Reserve Bank to lift interest rates. We’ve run a couple of scenarios which make it clear on some realistic assumptions about global oil prices and how that would potentially flow through to inflation, and for how long you know, if we were putting pencils down on those forecasts today, we’d have inflation peaking somewhere between the mid- to high fours. We don’t have a model that has petrol prices going that high, but there’s a lot of volatility and a lot of unpredictability in the global oil market. Continue reading...

Switzerland rejects US military overflights citing neutrality Switzerland has rejected some requests from United States military aircraft to fly over its territory, citing the country’s neutrality laws. According to Reuters, the Swiss government reviewed five requests from US military and official planes. Authorities rejected two of them but approved three others. Officials said the decision followed Switzerland’s strict neutrality rules during armed conflicts. “The law on neutrality prohibits overflights by parties to the conflict that serve a military purpose related to the conflict,” the government said in a statement. “Permitted are humanitarian and medical transits, including the transport of wounded persons, as well as overflights that are unrelated to the conflict.”

Iranian media report the deaths in central Iran as Tehran launches new missile salvoes at Israeli targets.

'Peak war panic' will likely hit markets in 1-3 weeks, as the U.S. and Iran dig in for escalalation  Fortune

In Qusra, Palestinians say settlers opened fire on residents; in Ma’ale Amos, police say Palestinians allegedly started incident by throwing stones at Israeli shepherd The post Man reported killed in W. Bank settler attack; separately, 3 said hurt by settler gunfire appeared first on The Times of Israel.

Thousands of people have protested in Italy against wars in the Middle East and proposed judicial reforms by Italian Prime Minister Giorgia Meloni

FRANKFURT, March 14 (Reuters) - The Swiss government said on Saturday that it discussed requests by U.S. military and official aircraft to fly over the country, and based on its law of neutrality, rejected two but permitted three. "The law on neutrality prohibits overflights by parties to the conflict that serve a military purpose related to the conflict. Permitted are humanitarian and medical transits, including the transport of wounded persons, as well as overflights that are unrelated to the conflict," the government said in a statement.

March 14 (Reuters) - The head of the World Health Organization said on Saturday that it has verified 12 doctors, paramedics and nurses were killed in a strike on the Bourj Qalaouiyeh primary healthcare center in Lebanon late on Friday. "The killings in the last 24 hours of 14 health workers in southern Lebanon mark a tragic development in the escalating Middle East crisis," Director-General Tedros Adhanom Ghebreyesus said in a post on X, noting that earlier in the day two paramedics had been killed in an attack on a health facility in Al Sowana.

War in the Middle East: Casualty figures from across the region  RNZ

What To Know About Kharg Island, the Oil Hub at the Center of the Iran War  Time Magazine

Turkish President Recep Tayyip Erdogan says Ankara is monitoring the regional war involving Iran, the US, and Israel.

A new major with twin babies is among the dead

Kuwait arrests three for filming strikes with drones Authorities in Kuwait say police have detained three people for flying camera drones to film recent Iranian strikes. The arrests come after officials warned residents not to record or share footage related to the attacks. According to the government’s Kuwait Government Communication Center, the suspects violated official instructions banning the use of aerial drones during the current security situation. "Three people were arrested for using aerial camera drones in violation of warnings and instructions," the centre said.

Iran is receiving ‘military cooperation’ from Russia and China, foreign minister says  MS NOW

Bahrain arrests six over posts about Iranian attacks Authorities in Bahrain say they have arrested six people accused of spreading misinformation about Iranian attacks on the country. According to the Bahrain Interior Ministry, the individuals allegedly shared videos online and circulated what officials described as false information related to the strikes. "Six people were arrested and referred to the public prosecution for posting videos about the effects of the Iranian aggression, praising its hostile actions and spreading false news," the ministry said.

EU maintains pressure after slamming US for lifting sanctions on Russian oil exports as Middle East war bites.

Iraq PM warns regional security worsening amid growing attacks The Iraq Prime Minister Mohammed Shia' al-Sudani has warned that the security situation across the region is deteriorating as attacks on diplomatic missions and coalition facilities risk drag the country into a deeper crisis. “The security situation in the region is worsening due to the continuation of military operations,” he said. Sudani also condemned attacks on members of the Popular Mobilization Forces, an Iraqi paramilitary coalition that operates alongside the country’s security forces. “We condemn the targeting of our security forces in the Popular Mobilization Forces and we will do everything we can to protect them,” he said.

Iran issues evacuation warning for major UAE ports Iran has issued an evacuation warning for areas around several major ports in the United Arab Emirates, saying that US forces used facilities there to launch strikes on Iran’s oil infrastructure. According to Associated Press, Tehran urged civilians to leave areas around three key ports, including the region’s largest container hub, Jebel Ali Port in Dubai. The warning also covered Khalifa Port in Abu Dhabi and Fujairah Port on the UAE’s eastern coast. Iran accused the United States of using “ports, docks and hideouts” in the UAE to carry out attacks on Kharg Island, a critical hub for Iranian oil exports. Hours after the warning, there were no confirmed strikes on Jebel Ali or Khalifa ports. However, images circulating online showed a fire at an oil facility near Fujairah. The blaze appeared to have been caused by debris from an intercepted Iranian drone that fell onto the site.

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Dubai's usually crowded markets, beaches and waterfront promenades are unusually quiet during what is typically the city’s busy tourism season.