Iran
US responsible for deadly strike on Iranian school, inquiry says
The bombing of the school and its casualties involving children has become a focal point of the war, and would also stand among the highest civilian casualty events caused by the American military operations in the last two decades.
Iran
Oil prices top $100 a barrel amid Iranian attacks on commercial ships
The latest attacks marked an escalation in Iran’s campaign aimed at generating enough global economic pain to pressure the United States and Israel to end the war that started 12 days ago. But there were no signs that the conflict was subsiding.
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The Ring
The Ring: Is the EU a spectator or player as war grips Middle East?
With the US and Israel’s war against Iran in its second week, the EU is bracing itself for a potential energy shock and economic fallout. As the conflict persists, can the EU continue to stand back and limit the damage, and is it facing a moment of reckoning as the guardian of the rules-based order?
Business
US Justice Department digs into Iran's sanctions evasion via Binance
The US Justice Department has begun investigating Iran’s alleged use of Binance to circumvent sanctions, especially funds transferred through the crypto exchange to finance terrorist organisations like Yemen’s Houthi militants.
Europe News
As Iran war reaches Europe's borders, can the NATO shield hold?
As the Iran war escalates, European cities are now within range of Tehran's arsenal. We asked NATO how it would defend against a strike, and an expert on political violence what other methods Iran could use to target Europeans.
Europe Today
Energy commissioner teases new measures as energy prices spike
EU energy chief says the executive can do more to abate prices while calling on member states to cut taxes on electricity immediately. Oil and gas prices have soared as a result of the war in Iran and its retaliation on the Gulf countries, halting the flow of energy along the Strait of Hormuz.
Markets
Oil steadies as IEA and G7 move to release record reserves
Oil is trading flat in expectation that the International Energy Agency could trigger the largest-ever release of oil reserves, exceeding the 182 million barrels in 2022 after Russia’s invasion of Ukraine. The G7 will also meet on Wednesday to discuss using the reserves.
Iran
US says it destroyed Iranian mine-laying vessels near Strait of Hormuz
Washington says it has destroyed 16 Iranian mine-laying vessels near the Strait of Hormuz, after Tehran threatened to not allow oil to pass through the waterway, through which a fifth of the world’s crude flows. Israel and Iran have also launched fresh attacks early on Wednesday, as the war enters i
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Von der Leyen 'acting outside of competence,' Araud tells Euronews
Gérard Araud told Euronews Ursula von der Leyen is overstepping her mandate on foreign policy as Commission chief and pushing a German line on the 27. While not historically a competence of the Commission, von der Leyen is establishing her own line on geopolitics - not without friction.
Qatar
Qatar warns the world Iran war could yield 'catastrophic results'
“This is the biggest I told you so in the history of I told you sos in the world,” Qatari Foreign Ministry spokesman Dr Majed Al-Ansari told the media in a striking statement directed to all active combat forces in the Iran war just as a new wave of Iranian attacks triggered air raid alerts in Doha.