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Strait of Hormuz cargo traffic falls 95 percent amid war

Cargo traffic through the Strait of Hormuz has dropped by about 95 percent since the Middle East war erupted with US Israeli strikes on Iran on February 28. From March 1 to the early hours of March 24, only 149 commodity carrier crossings were recorded in the 167 kilometre long waterway.​ Data from analytics firm Kpler shows that 94 of these crossings were by oil and gas tankers, with around 61 percent of them loaded and more than two thirds sailing eastwards out of the strait. On Monday, Iran flagged tankers Artman and Kiazand, along with US sanctioned vessel Lenore, were among the few ships to pass through.​ The Jasmin tanker sailed in the opposite direction, heading towards an Iranian port after departing Karachi. A Chinese owned container ship, Newvoyager, also transited the strait after reportedly making a payment to […]

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Iran pounds Israel with missiles as questions grow over Trump talks

Iran has fired a new wave of missiles at Israel, hitting parts of Tel Aviv and injuring several people, as confusion deepens over reported talks to end the three week old Middle East war. Streets in Israel’s commercial capital were left strewn with rubble after a building in an upscale neighbourhood suffered a direct hit.​ Tel Aviv mayor Ron Huldai said the strike tore open the facade of a three storey block in the city. Israeli media, citing police, reported that the damage was caused by a cluster munition missile believed to carry three to four warheads, each loaded with about 100 kilograms of explosives.​ The missile barrage came hours after Iranian outlets reported that US Israeli warplanes had struck two gas facilities and a pipeline inside Iran. Those strikes followed United States President Donald Trump’s earlier threats to attack […]

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Probe after London attack on Jewish ambulances

UK authorities have launched an investigation into a suspected arson attack on ambulances owned by a Jewish charity in north London, amid concerns over possible links to groups aligned with Iran. The incident occurred in Golders Green, where four vehicles belonging to Hatzola were set on fire in the early hours of Monday. The blaze triggered several explosions due to gas canisters inside the ambulances. According to Mark Rowley, police are examining whether individuals connected to the Iranian state may have been involved. However, he stressed that it is still too early to draw definitive conclusions. Investigators believe three suspects took part in the attack, which is currently being treated as an antisemitic hate crime rather than an act of terrorism. Authorities are also reviewing an online claim of responsibility from a group with alleged links to Iran. The group, […]

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Australia and EU seal major trade deal

Australia and the European Union have finalized a major free trade agreement after nearly eight years of negotiations, marking a significant step in strengthening economic and strategic ties between the two partners. The deal, valued at around A$10 billion, was signed on Tuesday by Australian Prime Minister Anthony Albanese and European Commission President Ursula von der Leyen. Both leaders described the agreement as mutually beneficial, highlighting its economic and geopolitical importance. At its core, the agreement removes almost all tariffs on traded goods between Australia and the European Union. It also includes expanded cooperation in key areas such as defence, critical minerals, counterterrorism, and maritime security. Trade benefits and market access The deal opens the European market further to Australian agricultural exports, including wine, seafood, dairy products, grains, fruits and vegetables. Australian wine producers, in particular, are expected to benefit […]

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Earth’s heat imbalance hits record high

The Earth’s climate is becoming increasingly unstable, with the planet now retaining more heat than at any point in recorded history, according to a new warning from the World Meteorological Organization. The agency reports that the Earth is absorbing far more energy than it releases, mainly due to greenhouse gas emissions such as carbon dioxide. This growing “energy imbalance” has driven ocean temperatures to record highs and accelerated the melting of ice caps. Scientists are also concerned about the possible return of El Niño later this year, a natural warming phase that could further increase global temperatures and trigger new heat records. Responding to the findings, António Guterres urged countries to reduce reliance on fossil fuels and transition to renewable energy. He warned that key climate indicators are reaching critical levels, highlighting the urgency of action. Data from the WMO […]

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Oil prices plunge as Trump pauses Iran energy strikes

Oil prices fell sharply on Monday while European stock markets rebounded after United States President Donald Trump suddenly ordered a halt to planned strikes on Iranian energy infrastructure. His comments on Truth Social marked a sharp shift from his earlier threats over the weekend.​ Brent crude futures at one point dropped more than 14 percent before trimming losses to trade down about nine percent. West Texas Intermediate crude also slid, and European gas prices fell by around four percent as traders reacted to the pause in military action.​ Analysts said markets now need more clarity because Iran has publicly denied that any talks with the United States have taken place. That denial partly cooled the initial relief rally and reminded investors that tensions in the Middle East remain high.​ European stocks had opened the week with heavy losses but turned […]

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Trump orders 5 day pause on Iran strikes for talks

United States President Donald Trump says he has ordered a pause on planned military strikes against Iranian energy infrastructure following what he described as very good and productive talks with Tehran. He announced the move in a post on his Truth Social platform on Monday.​ Trump said the United States and Iran had, over the previous two days, held conversations aimed at achieving a complete and total resolution of their hostilities in the Middle East. He noted that the tone of the discussions was encouraging and that negotiations would continue throughout the week.​ On the basis of those talks, Trump explained that he instructed the Department of War to postpone any and all strikes on Iranian power plants and energy facilities for five days. He stressed that the pause is conditional and remains subject to the success of the ongoing […]

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Markets fall as US-Iran tensions escalate

Global financial markets have come under pressure as tensions between the United States and Iran intensify, with the conflict now entering its fourth week. The situation has unsettled investors and pushed energy prices higher amid fears of further escalation. In Asia, Japan’s Nikkei index dropped sharply by 3.5%, while South Korea’s Kospi plunged 6.5%, reflecting concerns over supply disruptions. European markets also declined, though more moderately, with London’s FTSE 100 falling 1.9% and major indices in Germany and France losing around 2%. At the center of the crisis is the Strait of Hormuz, a vital global shipping route through which roughly 20% of the world’s oil and liquefied natural gas typically passes. Iran has effectively restricted access to the strait following attacks by the United States and Israel in late February, raising alarm over global energy supplies. Oil prices reacted […]

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Settler attacks escalate in West Bank villages

A wave of violence has struck several Palestinian villages in the occupied West Bank, where extremist Jewish settlers carried out coordinated attacks, setting fire to homes, vehicles and farmland. The incidents followed the death of an 18-year-old Israeli settler, Yehuda Sherman, who was killed on Saturday after being struck by a vehicle while riding a quad bike. Authorities are still investigating whether the incident was intentional or accidental. In the hours after his death, messages circulated in settler WhatsApp groups calling for retaliation. According to Israeli media reports citing security sources, more than 20 separate attacks were recorded overnight. Israeli forces confirmed that troops and border police units were deployed to multiple locations after receiving reports of arson and unrest involving Israeli civilians. Among the affected communities were Jalud, Qaryut, al-Funduqmiya and Silat al-Dhah. Images and videos shared online, though […]

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Trump calls NATO allies ‘cowards, paper tigers’ for staying out of Iran fight as Hormuz crisis chokes oil flows

US President Donald Trump on Friday branded NATO allies “cowards” for failing to provide the military assistance he requested against Iran to help control the vital Strait of Hormuz oil shipping route . Trump, who has alternated between saying Washington needs no help in the waterway and criticising others for staying on the sidelines, wrote on Truth Social that “without the U.S.A., NATO IS A PAPER TIGER!” . He accused allies of refusing to join the fight to stop a nuclear powered Iran, yet complaining about soaring oil prices while declining to help reopen Hormuz, which he described as a “simple military maneuver” with “so little risk” for them . “So easy for them to do, with so little risk. COWARDS, and we will REMEMBER!” Trump declared, in one of a series of recent diatribes against the Western alliance . […]

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