News

Air strike kills four Iran-linked fighters in Iraq  Al Jazeera

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BRUSSELS, March 10 (Reuters) - Russia has so far been the only winner from the war in the Middle East as energy prices soar and attention for its war against Ukraine has faded, EU Council President Antonio Costa said on Tuesday. "So far, there is only one winner in this war – Russia," Costa said in a speech to EU ambassadors in Brussels.

Energy bills rising is an inflationary pressure the UK’s economy could do without

India invoked emergency powers, compelling domestic refiners to boost production for local consumption

The price of Brent crude was more than 8% lower at just under 91 US dollars a barrel, having surged past 100 dollars a barrel on Monday.

China evacuates over 10,000 citizens from Middle East conflict China says it has helped more than 10,000 of its nationals leave the Middle East as the expanding regional war disrupts air travel. A spokesperson for China’s foreign ministry said authorities worked with airlines and diplomatic missions to organise the departures after widespread airspace closures forced commercial flights to halt.

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Global Leaders Race to Shield Their Economies From War Shocks  Bloomberg

India's cricket board announces a $14.24mn bonus in addition to the $2.34mn awarded to the champions by the ICC.

KAPIKOY, Turkey, March 10 (Reuters) - At a remote mountain pass in eastern Turkey, travellers from Iran step across the threshold with a mix of fear, exhaustion and relief - arriving after a week marked by war, long journeys by train or car, communications blackouts and borrowed phones.

A raft of mortgage lenders have begun increasing their rates because of soaring inflation expectations caused by the war.

Israel warns of imminent strikes in Tyre and Sidon in south Lebanon The Israeli military has issued a warning ahead of planned strikes in southern Lebanon, saying it will target sites in the coastal cities of Tyre and Sidon, also known locally as Sour and Saida. An army spokesperson said Israeli forces would strike what it claimed are Hezbollah positions “in the near future”. Residents living near the designated locations were urged to move “at least 300 meters away” from the areas expected to be targeted. The warning comes as Israel continues to expand its military campaign across Lebanon.

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By Tuvan Gumrukcu ANKARA, March 10 (Reuters) - Turkey said on Tuesday that a U.S. Patriot air defence system was deployed to its southeast, near a NATO radar base, as part of steps by the alliance to boost air defences in the face of missile threats from the Iran war. It is being deployed to Malatya province, the location of the Kurecik NATO radar base, which provides vital data for the alliance and helped identify two Iranian ballistic missiles heading toward Turkey over the last week.

March 10 (Reuters) - UAE's foreign ministry condemned a drone attack on its consulate in Iraqi Kurdistan's Erbil, it said in a statement early on Tuesday. Iraqi Kurdistan's counter-terrorism service said late on Monday that it had downed three drones in Erbil, with debris from one of the drones falling near the UAE consulate. It said no casualties were reported. (Reporting by Menna Alaa El-Din and Muayad Hameed, Editing by Rosalba O'Brien)

Lego to Expand in US as Robust Spending Eclipses Iran War Risks  Bloomberg

Photos from Iran, Israel and Lebanon in the 2nd week of the Iran war  Northeast Mississippi Daily Journal

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Egyptian Inflation Quickened in Month Before Iran War Erupted  Bloomberg