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Earth News

‘Cashing in on a crisis’: G7 urged to tax fossil fuel windfall profits

As Europeans brace for higher oil and gas prices, G7 nations are being urged to tax fossil fuel giants profiting from the war on Iran.

Iran

French soldier killed in Iraq as Iran war fallout spreads

Saudi forces intercepted more than two dozen drones on Friday after renewed Iranian threats against oil facilities, as the regional conflict killed a French soldier in Iraqi Kurdistan.

The Cube

Tehran claims US-Israeli strikes have 'no impact': Is this true?

Iran's Foreign Minister Seyed Abbas Araghchi alleged that strikes on Tehran have "no impact" on the country's military capabilities, but is there any basis to these claims?

Iran

Iran does not want to block Hormuz, Tehran diplomat says

In sharp contradiction to the new Ayatollah Mojtaba Khamenei's statement on Thursday, the Iranian ambassador to the UN told Euronews that Iran does not plan to block or mine the Strait of Hormuz.

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Economy

Could oil prices really reach $200 a barrel as claimed by Iran?

As the Iran war approaches the two-week mark, energy markets are bracing for a potential "super shock". The IRGC has repeatedly threatened to push oil prices up to $200 per barrel, leveraging its control over the Strait of Hormuz, but how realistic is this scenario?

Economy

Trump admin could suspend a century-old law in bid to curb oil prices

The Trump administration is allegedly set to suspend the Jones Act, a century-old federal maritime law. A waiver would allow foreign tankers to transport cargo between US ports as oil prices remain above $100.

Economy

Global banks tighten security in Gulf hubs after new Iran threat

Precautionary moves by global lenders highlight growing concern that regional tensions could disrupt banking operations in the Gulf, as Iran is signalling that it may diversify its attacks.

Europe Today

Watch: Strait of Hormuz, Iran and naval mines — an explosive mix?

The narrow Strait of Hormuz is becoming a literal geopolitical landmine. The US wants to control it, but for Iran, the waterway is its ultimate leverage. Who is up for a history lesson?

Tech News

Iran threatens Amazon, Google and Microsoft assets in Middle East

Iranian news agency Tasnim published a list of approximately 30 Big Tech targets throughout the Middle East as “enemy technology infrastructure,” signalling that they could be the next targets.

Iraq

Video shows moment ship struck off Iraq

Iran's paramilitary Revolutionary Guard claimed it had attacked a vessel off Iraq, releasing a video that purports to show the moment the ship was attacked. The footage claims to show explosions striking the Safesea Vishnu, a ship flagged in the Marshall Islands, overnight.

Economy

Iran strikes neutralise record IEA reserves release as oil tops $100

Oil spiked above $100 a barrel on Thursday following fresh Iranian attacks on Omani oil storage facilities, reversing any downward pressure from the IEA's record release of 400mn barrels announced the previous day.

Iran

Missing in action: What we know about Mojtaba Khamenei's condition

Mojtaba Khamenei’s secretive rise as Iran’s new ayatollah and absence from public has fuelled speculation over his injuries, whereabouts and whether he really controls the IRGC. What is known so far?

No Comment

Aftermath of Israeli air strikes in Beirut’s southern suburbs

Destroyed buildings and rubble-strewn streets were seen in Beirut’s southern suburbs after overnight Israeli strikes targeting Hezbollah positions, according to the Israeli military.

EU.XL

Europe's civil shelters are crumbling. Brussels can't do much about it

Civil shelter networks across Europe are neglected. Inspections after a drone strike near a British base in Cyprus found many shelters unusable, reigniting the debate over civil protection and the EU’s limited role.

Bahrain

Iranian attack sparks huge fire at Bahrain facility

Bahrain’s interior ministry released footage showing a huge fire at a fuel facility in Muharraq after Iranian attacks. Authorities say the military has intercepted more than 170 drones and over 100 missiles since Iran began targeting countries in the region.

Tech News

Middle East data centres are becoming targets during Iran war

Data centres are the physical buildings that house all the infrastructure required to power banking apps, cloud services, and artificial intelligence platforms.

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.

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.

Economy

IEA approves historic 400m barrel oil release amid Iran crisis

The 32-member International Energy Agency has unanimously agreed to release 400 million oil barrels from its global strategic reserves in an attempt to prevent supply disruptions and ease market fears caused by Iran war shortages.

The US and Israel launched coordinated strikes on Iran in 2026, triggering regional escalation — stay up to date on the latest developments as the situation unfolds.