Dubai, March 9 Iran named Mojtaba Khamenei, a son of its late supreme leader, the Islamic Republic’s next ruler on Monday, putting a hard-line cleric in charge as the war spreading across the Middle East sent oil prices skyrocketing with Iran launching new attacks on regional energy infrastructure. With Iran’s theocracy under assault by the […]
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By ALEX VEIGA and ELAINE KURTENBACHAP Chicago, March 9 Oil prices spiked near $120 per barrel before falling back slightly on Monday as the Iran war intensified, threatening production and shipping in the Middle East and pummelling financial markets. The price for a barrel of Brent crude, the international standard, surged to $119.50 per barrel […]
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Dubai, March 9 Bahrain’s state oil company declared force majeure on Monday for its shipments after an Iranian attack set its refinery ablaze. The state-run Bahrain News Agency carried the announcement of the force majeure, a legal manoeuvre that releases a company from its contractual obligations because of extraordinary circumstances. It said the company’s operations […]
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By By ALEX VEIGAAP Business Writer Chicago, March 9 Oil prices eclipsed $114 per barrel for the first time since 2022 on Monday as the Iran war intensified, threatening production and shipping in the Middle East. The price for a barrel of Brent crude, the international standard, surged past $114 after trading resumed on the […]
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By By The Dubai, Mar 9 (AP) Iran launched more attacks on Israel and Gulf countries Monday, hours after Iranian state TV said Mojtaba Khamenei, son of the country’s late supreme leader and long considered a contender, had been named his successor. Iran’s powerful paramilitary Revolutionary Guard answers to the supreme leader, and the younger […]
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By Yoshita Singh New York/Washington, March 9 The US has urged India to buy Russian oil already floating at sea and redirect it to Indian refineries to “tamp down” fears of supply shortages and price spikes amid the ongoing West Asia conflict, Energy Secretary Chris Wright has said. However, the move, he said, is a […]
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Doral (US), March 7 US President Donald Trump warned in a social media post on Saturday that more Iranian officials would become targets in the war, writing: “Today Iran will be hit very hard!” Trump made the comments on his Truth Social website, noting an apology by Iranian President Masoud Pezeshkian earlier in the day […]
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New Delhi, March 7 England, South Africa and West Indies are set to depart India over the weekend on chartered flights arranged by the ICC following disruption to commercial air travel due to the ongoing conflict involving US, Israel and Iran. A source told PTI that England, who went down to India in the second […]
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Dubai, March 7 Iran’s President said on Saturday that a demand by the United States for an unconditional surrender is a “dream that they should take to their grave.” President Masoud Pezeshkian made the statement in a prerecorded address aired by state television. He also apologised for Iran’s attacks on regional countries, insisting that Tehran […]
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Beirut, March 7 Lebanese health officials said on Saturday that Israeli airstrikes killed at least 16 people and wounded 35 others in overnight Israeli airstrikes in the mountain town of Nabi Chit. The Lebanese Health Ministry offered the figure. The Iranian-backed militant group Hezbollah said its fighters clashed with an Israeli force that landed late […]
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