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Economy

US offers India 30-day waiver to buy stranded Russian oil

The United States has issued a temporary 30-day waiver allowing Indian refiners to purchase Russian crude oil currently stranded at sea, as disruptions from the Iran conflict threaten global energy supplies.

Iran

Trump wants 'unconditional surrender' as Israel hits Khamenei's bunker

Israel's military says the week-long strikes have destroyed most of Iran's missile launchers and air defences as US Secretary of Defence Pete Hegseth warned that Washington's attacks are "about to surge dramatically".

Iran

US sinks key Iranian warships as Israel launches broad wave of strikes

US forces say they have sunk over 30 Iranian ships and hit missile and space command sites by early Friday.

USA

Man accused of plotting to kill Trump says Iran made him do it

A man accused of hiring a hitman to take out US politicians, including President Donald Trump, says he was pressured by Iran's elite Islamic Revolutionary Guards Corps (IRGC) to devise the plot.

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Business

'Then the euro will slide': Experts warn of prolonged war with Iran

Trump has given the Iran war four weeks. But if the conflict drags on, economists warn the euro could slide — and prominent economist Daniel Stelter goes further, predicting a full recession.

Azerbaijan

Hundreds cross Azerbaijan's Astara border as Iran war intensifies

Azerbaijan’s foreign minister says he held a phone call with EU High Representative for Foreign Affairs Kaja Kallas to discuss evacuation efforts of European nationals trapped in Iran amid US and Israeli attacks.

Iran

Iran fires its biggest barrage on Qatar, targets UAE in latest strikes

The Iran war marked its sixth day with another round of strikes by Israel and Iran. Meanwhile, hundreds of ships have been stranded due to Tehran's threats to strike vessels in the Straight of Hormuz, affecting up to 20% of global oil trade.

USA

US Senate vote fails to curb Trump's war powers on Iran

Explosions were reported in Israel after a US submarine sank an Iranian warship, prompting Tehran to threaten the destruction of military and economic infrastructure across the region.

Europe News

Democratic Iran is 'far from certain', Kallas says, warning of dangers

"The dream scenario would be a democratic Iran that poses no threat to its neighbours, but this outcome is far from certain," Kaja Kallas said.

Europe News

Iran war revives spectre of energy crisis in Europe

The European Union is staring down the prospect of a new energy crisis as the United States and Israel wage war on Iran, rattling gas markets.

World News

'No to war': Sánchez reaffirms Spain's stance on Trump's Iran campaign

The Spanish prime minister has hit back at Donald Trump's announcement that he will block trade with Spain due to Madrid's reluctance to take part in the US offensive against Iran and allow the US use of the Rota and Morón bases.

Markets

South Korean stocks suffer worst day on record amid Iran war shocks

Asian markets suffered heavy losses on Wednesday, with South Korea’s main index (Kospi) plunging more than 12%, recording its worst single-day decline in history as the widening conflict in Iran continues to disrupt global markets.

Iran

Virgin Atlantic resumes scheduled Dubai to London route

Emirates, Etihad Airways and flydubai are continuing to operate a limited schedule, while Qatar Airways has extended its flight suspension until 6 March.

No Comment

Israeli strike hits Beirut hotel as Israel-Hezbollah clashes escalate

Israeli strikes hit a Beirut hotel and areas southeast of the city, killing several people as Israel and Hezbollah traded fire amid a widening regional conflict.

Iran

Iranian regime 'are toast,' US Defence Secretary Pete Hegseth says

Explosions sounded in Tehran on Wednesday with the war now in its fifth day as Iran continues to cause anger in Gulf states with repeated strikes targeting US military assets.

Europe News

Hungarian veto proves EU needs less unanimity, says new Dutch PM

"The Netherlands is back," Dutch Prime Minister Rob Jetten declared on his first trip to Brussels since taking office.

Qatar

'Iran's attack will not go unanswered,' Qatar's foreign ministry says

Qatar's Foreign Ministry said Iran's attacks have crossed "every red line" and condemned the strikes which targeted civilian areas and facilities.

Europe Today

What are Iranian Shahed drones — and why are they everyone's problem

Recent videos from Bahrain and Dubai show a terrifying new reality. Open-source intelligence quickly confirmed what they are: Iranian-designed and made Shahed drones. And Iran is now firing these weapons across the entire region. Should you be worried?

Europe News

Iran war puts Von der Leyen’s foreign policy role under scrutiny

Analysts say the European Commission president has increasingly stepped into foreign-policy areas reserved for others under EU treaties, from the US-Israel attack on Iran to Ukraine, Gaza, and US tariffs on the EU.

Iran

Tehran vows to strike European countries if they join Iran war

In an official announcement in Tehran on Tuesday, the Iranian foreign ministry spokesperson said that any action by Europeans will be regarded as an “act of war” and met with a response targeting Europe's cities.