News

Seventh U.S. service member killed in Iran war identified as soldier, 26, from Kentucky  The Independent

Baghdad wants Kurdish pipelines to move up to 200,000 barrels per day to global markets, but Erbil is demanding relief from a dollar embargo and greater autonomy over trade.

Why the Strait of Hormuz is so difficult to defend  Axios

Here are the latest economic events in the Middle East war on Monday: - Markets - - Oil prices shot around 30 percent higher in Asian trading. The main international oil contract, Brent crude, is currently up roughly 41 percent from just before the outbreak of the war and up around 68 percent from the start of the year. The main US contract, WTI, is up around 50 percent from the onset of the war and around 75 percent from the start of the year. - Russia is ready to supply energy to Europe if it asks, President Vladimir Putin said. - G7 finance ministers -

US President Donald Trump is under pressure to curb oil prices sent skyrocketing by the war with Iran, but has only limited tools to fix a problem that is shaking the world economy and is politically toxic at home. Trump has insisted it will be only a "short-term" issue that will end when the war ends, yet soaring gas prices are already hitting voters ahead of US midterm elections later this year in which the economy will be crucial.

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Shas and Degel HaTorah expected to vote in favor of budget while Agudat Yisrael will oppose it. Bill regulating Haredi conscription will not pass before the Knesset recess The post Haredi parties likely to vote for 2026 state budget despite lack of exemption law appeared first on The Times of Israel.

By Forrest Crellin PARIS, March 9 (Reuters) - Almost half of Iran's uranium enriched to up to 60% purity, a short step from weapons-grade, was stored in a tunnel complex at Isfahan and is probably still there, U.N. nuclear watchdog chief Rafael Grossi said on Monday. The tunnel complex is the only target that appears not to have been badly damaged in attacks last June by Israel and the U.S. on Iran's nuclear facilities.

Iran War Live Updates: NATO Air Defenses Intercept Missile in Turkish Airspace  WSJ

Iran Says Strait of Hormuz Unsafe Amid Ongoing War  Caspianpost.com

Turkey caught in the vortex of a widening Iran war  Middle East Institute

Oil surges amid Iran conflict — how high will gas prices go?  The Hill

In its lawsuit, Anthropic said the designation was unlawful and violated its US free speech and due process rights.

A Kentucky man who joined the Army straight out of high school is the seventh U.S. service member to die in combat during the Iran war

7 big political questions about the war with Iran  CNN

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By Sam Tabahriti and Sarah Young LONDON, March 9 (Reuters) - Britain wants major economies to agree to release emergency oil reserves as the escalating Iranian crisis sends energy prices soaring and increases the risk of higher inflation, finance minister Rachel Reeves said on Monday. British borrowing costs have soared since the conflict erupted more than a week ago, and by more than those of other European countries and the U.S., as investors fear that surging oil and gas prices will stoke already stubborn inflation and require the government to borrow more.

Social media company tells MPs of continual fight against state-backed efforts, with Russia being most prolific Elon Musk’s X said it had suspended 800m accounts over a 12-month period as it fights the “massive” scale of attempts to manipulate the platform. The social media company told MPs it was continually fighting state-backed attempts to hijack the agenda on its network, with Russia the most prolific state actor, followed by Iran and China. Continue reading...

What Mojtaba Khamenei will do with his leadership is now the key question after he succeeds his father Crowds in Tehran greeted the announcement of the country’s new supreme leader by chanting: “God’s hand is still upon us, Khamenei is still our leader.” As the world economy grinds to a slow halt, Iran is selling the elevation of Mojtaba Khamenei as a sign of reassuring continuity for a country determined to show its defiance of the west. Yet in reality he injects a new unpredictable, even mysterious, element into the Middle East crisis, since just as he is unknown to Washington, so he is a figure of deep obscurity to ordinary Iranians. By contrast, the first supreme leader Ruhollah Khomeini led Iran to revolution in 1979 and the second, Mojtaba’s father Ali Khamenei, had been president for eight years before he was chosen by the Assembly of Experts within a day of Khomenei’s death. Continue reading...