News

Egyptian Inflation Quickened in Month Before Iran War Erupted  Bloomberg

Consequences for global oil markets could be 'catastrophic' if Hormuz closure continues, Aramco chief says  Reuters

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Saudi Aramco CEO warns prolonged conflict risks oil supply Saudi Aramco’s chief executive warned that prolonged instability in the region could have severe consequences for global oil markets. He said the longer the turmoil continues, the more damaging the impact will be on global energy supplies and prices. Meanwhile, Saudi authorities said air defences intercepted and destroyed a drone east of al-Kharj Governorate. The Saudi Civil Defence also reported that another drone crashed in a residential area in al-Zulfi Governorate, causing property damage.

RBA's Hauser expects 'genuine' policy debate next week as Iran war uncertainty mounts  Reuters

Israel warns Lebanon residents to evacuate, head north of Litani River The Israeli army on Tuesday said that there was a forced displacement threat to people in southern Lebanon. In a post on X, it threatened residents who are based south of the Litani River, warning that “air strikes are ongoing” as it operates “with great force in the area”. “We reiterate our urgent appeal for you to evacuate your homes immediately and head immediately north of the Litani River,” it said. “Any movement southward may endanger your lives.”

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Afghanistan were due to host Sri Lanka for a six-match series in the UAE, which has been hit by attacks from Iran.

US prosecutors say Turkish assistance in negotiating ceasefire , release of captives from Gaza contributed to settlement.

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European markets head for another negative open as oil prices remain elevated  CNBC

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Live updates: Iran’s next supreme leader is named as oil prices soar  CNN

Team will play one final match against the Netherlands on Tuesday after losing to star-studded team from the Caribbean The post Israel eliminated from World Baseball Classic after 10-1 loss to Dominican Republic appeared first on The Times of Israel.

Turkey summons Iran envoy after missile interception Turkey on Tuesday summoned Iran’s ambassador to Ankara after a ballistic missile launched from Iran headed toward Turkish territory, diplomatic sources told Middle East Eye. Turkish officials said they requested an explanation and conveyed Ankara’s concerns about the incident during the meeting at the Foreign Ministry. Turkey’s Defence Ministry earlier said the missile entered Turkish airspace before being intercepted by NATO air defence systems deployed in the region. Debris reportedly fell on vacant land in the southeastern province of Gaziantep, and no casualties were reported.

By Heejin Kim and Kyu-seok Shim SEOUL, March 10 (Reuters) - South Korea cannot stop Washington from redeploying some weapons stationed in the country, President Lee Jae Myung said on Tuesday, after reports that U.S. Patriot missile defence systems were being sent to the conflict in the Middle East. Reports on shifting key U.S. military assets have sparked concern in Asia about the potential gaps in regional defences if Washington diverts ships and missiles currently used to deter military flexing by China and North Korea to other theatres.

Protesters have briefly blocked a bus taking the Iranian women's football team out of their Gold Coast hotel. The group of a few dozen physically sat in front of the vehicle to block it. They chanted 'save our girls' as the vehicle attempted to make its exit. Protesters say they believe the bus is heading to the Gold Coast airport. The Guardian saw at least one of the football players through the window in tears More Iran women's football team members expected to seek asylum in Australia 'They are safe here': five Iranian women footballers granted humanitarian visas in Australia Watch: 'Save our girls': support shown for Iran players after exit from Women's Asian Cup Continue reading...