News about military conflict
US President Donald Trump has listed the goals of the military operation in Iran.
On Friday, March 20, the British pound fell in value due to rising oil prices, which worsened investor sentiment.
The chaotic crisis in the Strait of Hormuz has made clear how power works in the twenty-first century. It reminds us that the greatest long-term threat to the United States is not China’s military buildup or Russian aggression, but the gradual fragmentation of the system of alliances that has provided its global leadership since World War II.
The National Energy Regulatory Agency (NERA) has set new maximum fuel prices that will be in effect from March 21 to 23.
Due to the crisis in the Middle East, global gas prices have increased. However, Moldova has not suffered yet – the country does not import gas from this region. Moreover, purchases are made under contracts indexed one month in advance. The director general of the National Energy Regulatory Agency (ANRE), Aleksey Taran, assured that the regulated gas price will remain unchanged for the time being.
The U.S. Defense Department has proposed to the White House several options for further funding of the military campaign against Iran, Logos Press reported, citing the Washington Post.
EU leaders gathered for a summit today to try to persuade Viktor Orban to lift his veto on a 90 billion euros allocation to Ukraine and to discuss the escalating military conflict in the Middle East and high energy prices.
US President Donald Trump has vowed to “blow up everything” in Iran’s South Pars gas field if Tehran attacks Qatari gas fields again.
At the opening of the session, oil was trading around $110 per barrel. As of 5:55 Moscow time, the cost of May futures for Brent increased by 4.5% to $112.26 per barrel. In general, oil rose in price by about 11% during the week, and for the month the growth exceeded 50%.
On Wednesday, March 18, global oil prices showed a decline after the news of resumption of oil exports from Iraq’s Kirkuk fields to the Turkish port of Ceyhan.
Azerbaijan has sent five trucks with humanitarian aid to Iran. The cargo was sent on behalf of Ilham Aliyev on the eve of Novruz holiday.
Joe Kent, director of the U.S. National Counterterrorism Center, has resigned after publicly stating his disagreement with President Donald Trump’s administration’s decision to launch a military operation against Iran.
US President Donald Trump has called for an investigation into how Ukraine has been spending US-directed funds.
The military conflict over Iran is beginning to affect not only oil markets, but also a much less obvious segment – the global pistachio trade.
The global food market was highly vulnerable to the blockage of the Strait of Hormuz, through which one third of the world’s urea exports pass. Military action in the Middle East has threatened global food security by paralyzing the production and export of critical fertilizers.
Relations between the EU and the US are once again on the verge of a deep crisis due to disagreements over security in the Strait of Hormuz, Politico reported, citing European diplomats.
Two publications, believed to be insiders, have reported the resumption of direct contacts between US President Steve Whitkoff’s special envoy and Iranian Foreign Minister Abbas Araghchi in recent days. However, the latter denied this information.
On Monday, Iranian Foreign Ministry spokesman Esmail Baghaei threatened Romania with an “adequate political and legal response” over that country’s decision to allow Americans to use military bases to refuel planes used in missions in the Middle East.
The U.S. administration is increasing pressure on its allies and China in an attempt to involve them in an international coalition to secure shipping in the Strait of Hormuz, one of the world’s most important energy corridors.
Financial infrastructure and technology hubs in the Middle East have become priority targets for Iranian strikes as the regional conflict escalates. Last week, Iran officially declared banks and economic centers in the U.S. and Israel “legitimate targets.
