World·19d ago
G7 and allies release record 400 million barrels from emergency oil reserves
The International Energy Agency's 32 member countries, including the UK and US, have agreed to release 400 million barrels from emergency oil reserves to address supply disruptions and price increases caused by the US-Israel conflict with Iran. The release, more than double the previous record set during Russia's 2022 invasion of Ukraine, represents about three to four days of global oil supply. Experts note the measure provides only short-term relief, as it does not address the 20% drop in liquid natural gas supplies or resolve refining capacity constraints.
BBC World
World·19d ago
EU, UK demand Israel stop West Bank settler violence; six Palestinians killed in 11 days
Six Palestinians have been killed in West Bank settler attacks over 11 days since Israel's war with Iran began, according to UN reports. The EU and UK have demanded Israel halt the surge in violence and ensure accountability. Israeli military condemned the attacks and said it was investigating, while human rights groups documented 109 separate incidents of settler violence in Palestinian communities during the first 10 days of the conflict.
BBC World
World·19d ago
Three merchant ships struck in Hormuz strait as Iran tensions escalate
Three merchant ships were struck in the Strait of Hormuz amid escalating Iran tensions. A Thai-registered bulk carrier caught fire after departing a UAE port, forcing crew evacuation. The US reported destroying 16 Iranian mine-laying vessels. Naval analysts note that while Iranian mining operations pose a threat to shipping, they are unlikely to physically close the strait.
The Guardian