World·18d ago
Oil prices rise amid Iranian attacks on shipping despite record reserve release
Global oil prices rose to approximately $97.50 per barrel despite the International Energy Agency announcing a record release of 400 million barrels. The increase follows Iranian attacks on three cargo vessels in the Strait of Hormuz, a critical shipping route for global energy supplies. An Islamic Revolutionary Guard Corps spokesperson warned that vessels linked to the US, Israel, or their allies would be targeted. The price volatility has triggered stock market declines in Japan and London, and fuel shortages in Asian countries including the Philippines, Thailand, and Vietnam.
BBC World
World·18d ago
Iran and Israel exchange fire as Trump downplays oil price impact
Iran fired multiple salvos of missiles at Israel on March 12, 2026, while Israeli and U.S. forces continued airstrikes on Iranian targets including a nuclear facility. President Trump stated the U.S. benefits from rising oil prices and vowed to prevent Iran from obtaining nuclear weapons. Iran's National Security Council Secretary warned that targeting Iran's electricity grid would cause regional blackouts. The Strait of Hormuz remains effectively closed, and attacks on tankers and port facilities in the Gulf region have continued.
The Hindu International
National·18d ago
Two deaths reported at Canadian plasma donation clinics under federal investigation
Two people have died after donating plasma at a chain of clinics currently under federal inspection for failing to maintain accurate donor records, screen donors properly, and maintain equipment. The operating company states it has no evidence linking the deaths to plasma donation. Health authorities are investigating the incidents.
The Guardian World