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Iran vowed on Tuesday that not one litre of oil would be exported from the Gulf while the United States and Israel continue their bombardment, as the United Arab Emirates closed its biggest oil refinery after a drone attack. Oil prices have surged since Iranian attacks on shipping closed the Strait of Hormuz in the wake of a US-Israeli strikes that killed Tehran's supreme leader but fell back somewhat on Monday when US President Donald Trump suggested the war would soon end.
Global Leaders Race to Shield Their Economies From War Shocks Bloomberg
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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.
TEHRAN, Mar. 10 (MNA) – The Islamic Revolutionary Guards Corps (IRGC) has said that it has destroyed the Israeli regime’s Ha'ela satellite communication center, located south of Tel Aviv (Sdot Micha).
Oil Markets Face ‘Catastrophic’ Risk if Strait of Hormuz Remains Closed Caspianpost.com
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.
IRGC Identifies Ships Permitted to Pass Through Strait of Hormuz Caspianpost.com
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India diverts gas to priority sectors after Strait of Hormuz closure India has activated emergency measures to redirect natural gas supplies to priority sectors after liquefied natural gas shipments through the Strait of Hormuz were disrupted, according to a government notification. Authorities said gas will be diverted away from non-essential users to protect key industries and services that depend heavily on the fuel. India consumes about 195 million standard cubic metres of gas per day and relies on imports for roughly half of that demand. Before the closure of the Strait of Hormuz and Qatar’s declaration of force majeure on shipments, the country was receiving around 60 million standard cubic metres of gas per day from Middle Eastern suppliers.
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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Players escorted to safe location in Australia as government finalises humanitarian visas
The Strait of Hormuz: Energy's Achilles' Heel JAPAN Forward