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TEHRAN, Mar. 12 (MNA) – Iranian Parliament Speaker Mohammad Bagher Ghalibaf has rejected US assertions that Washington destroyed Tehran's missile capabilities, saying Iran can now precisely target any location with fewer projectiles.

China Tightens Fuel Export Curbs as Iran War Hits Oil Supply  Bloomberg.com

Oil prices top $100 a barrel amid Iranian attacks on commerical ships  Euronews.com

Kuwaiti army: Two injured in drone attack on residential building A drone targeted a residential building south of Kuwait at dawn on Thursday, the spokesman of the Ministry of Defense said. Colonel Saud Abdulaziz Al-Otaibi said that the incident resulted in the wounding of two people alongside material damage. Those injured are "currently receiving necessary treatment," he added.

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Strike on Popular Mobilisation Forces HQ in Iraq kills ten: Report Ten people were killed and others wounded in an air strike on the headquarters belonging to the Popular Mobilization Forces (PMF) in al-Qaim, an Iraqi security source told Al Jazeera. The attack is one of several in recent days targeting the PMF, a government umbrella organisation that oversees various paramilitary groups, including those close to Iran.

Iran war threatens India’s ‘Goldilocks’ economy  Financial Times

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President Trump defends Iran campaign as oil tensions rise and casualties emerge  cbs19.tv

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By Parisa Hafezi, Alexander Cornwell and Bo Erickson DUBAI/TEL AVIV/WASHINGTON, March 12 (Reuters) - The United States and Iran have signaled no quick end to their war, with U.S. President Donald Trump saying it was necessary to finish the job and Iran warning that the world should be ready for oil at $200 a barrel after striking tankers in Iraqi waters and other ships near the vital Strait of Hormuz.

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Iran-Israel war LIVE: Iraq shuts down oil ports after 2 tankers attacked; Indian national killed, 38 rescued  The Hindu

With production in the Gulf countries at a standstill and gas prices rising, the war in the Middle East is disrupting the supply of fertilisers and posing risks for food security. A third of fertiliser shipped by sea comes from the region and cannot make it to the global market as Iran has effectively closed the Strait of Hormuz. That has sent global fertiliser prices soaring, with the UN expressing concern in particular about the impact on developing countries. - The Gulf is a key manufacturer -

Israeli strike on Beirut seafront raises death toll to seven The Lebanese Ministry of Health reported that seven people were killed in an Israeli attack on the Ramlet al-Bayda seafront in Beirut. Twenty-one others were wounded, it added.

Iranian drone strikes tower in Dubai An Iranian "precision-guided drone" struck a building in Dubai, Iranian state broadcaster IRIB said.  Dubai's media office posted on X the incident occurred in the vicinity of Dubai Creek Harbour. It later reported that authorities have "fully brought the fire under control", adding that all residents of the building are safe and no injuries have been reported.

One killed in attack on oil tankers nearby Iraq, rescue operation ongoing An attack on oil tankers near Iraq killed one crew member, Iraqi state television reported on Thursday. Farhan Al-Fartousi, from Iraq's General Company for Ports, said that one crew member had been killed and 38 others were rescued so far. He added that the "search continues for the missing," without specifying nationalities or who was responsible for the attack.  The Iraqi government's media cell told the national news agency INA that "two tankers were subject to sabotage".

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Hezbollah claims attack on Israeli intelligence base Lebanon's Hezbollah said it launched missiles at an Israeli military intelligence base early on Thursday.  Located in the suburbs of Tel Aviv, Hezbollah said its fighters "targeted the Glilot base [the headquarters of the 8200 Military Intelligence Unit]... with a barrage of advance missiles".

Justified or not? US military families on fears of Iran war  BBC