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Trump keeps telling America he's winning in Iran. He's less clear in explaining how the war ends AP News
U.S. destroys mine-laying ships near Strait of Hormuz and an audacious plan to refill the Great Salt Lake: Morning Rundown NBC News
Russia and oil exporters are winning the Iran war Axios
Japan and Germany said Wednesday they would tap into their oil reserves to tackle the rise in crude prices due to the Middle East war, with Berlin saying the IEA global energy body had asked member states to release 400 million barrels. France, the current chair of the Group of Seven countries, said nations were coordinating their steps as G7 energy ministers said they stood ready to take "all necessary measures".
A Thai bulk carrier travelling in the crucial Strait of Hormuz was attacked Wednesday, with 20 crew members rescued so far, the Thai navy said. Photos shared by the Royal Thai Navy showed heavy black smoke billowing from the hull and superstructure of the Thai-registered Mayuree Naree, with life rafts floating in the water. The vessel "was attacked while transiting the Strait of Hormuz" after departing Khalifa port in the United Arab Emirates, the navy said in a statement. "The specific details and cause of the attack are currently under investigation," it added.
The Group of Seven advanced economies inched closer Wednesday to tapping strategic oil reserves to tackle the rise in crude oil prices due to the Middle East war as energy ministers said they stood ready to take "all necessary measures". The announcement came before G7 leaders were set to discuss the widespread economic fallout from the US-Israeli war with Iran, now into its second week, at a video conference meeting chaired by French President Emmanuel Macron.
Strait of Hormuz conflict makes US economy 'fragile': Paul Krugman Yahoo Finance
Gulf food supplies rerouted as Iran threats hit Hormuz shipping Financial Times
Where the auto supply chain is most threatened by the Iran war CNBC
Iran War Poses Double Edged Risks for China’s Reflation Efforts Bloomberg.com
A Marine Went on a Pilgrimage to the Holy Land to Heal from War. War Found Him Anyway thewarhorse.org
Bunge Says Crop Rally From Iran War Is Spurring Farm Sales Bloomberg.com
The Chancellor indicated the government could intervene on energy costs if the conflict spiralled
Thailand says 3 crew missing from ship hit by projectiles in Strait of Hormuz The Times of Israel
Dubai Airport BOMBED Again; Iranian Drones Strike UAE Business Hub, Casualties Reported The Times of India
The Iranian Red Crescent Society says nearly 20,000 civilian buildings affected, along with 77 healthcare facilities.
IEA to recommend record release of strategic oil stocks because of Iran war, sources say The International Energy Agency (IEA) is to recommend the release of 400 million barrels of oil, the largest such move in IEA history, three sources said on Wednesday, to try to restrain soaring crude prices amid the US-Israeli war with Iran. One of the sources said the release would be spaced over at least two months, while Spain's energy minister said countries would have up to 90 days to release that volume. Three sources said the Paris-based IEA would publish its recommendation on Wednesday, ahead of a meeting of G7 leaders chaired by France. In 2022, IEA member countries released 182.7 million barrels over two months, which was then the largest in IEA history, when Russia launched its full-scale invasion of Ukraine. This video grab taken from UGC images posted on social media on 7 and 8 March 2026 shows fire erupting at an oil depot in Iran's capital, Tehran after the US-Israeli strikes (AFP)
Cargo ship hit by projectile in Strait of Hormuz while Iran launches fresh attacks on Middle East Fox News
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FIFA's Infantino says US president 'reiterates that the Iranian team is welcome' to participate in the tournament.