News about military conflict
Three U.S. refueling planes landed at Base 90 in the Romanian capital Bucharest on Sunday. They are the first planes to arrive after Romania approved America’s request to send troops to Romania to fight in the war in the Middle East.
The Chinese government is responding to sulfur supply disruptions due to conflict in the Middle East and the blocking of the Strait of Hormuz. The move has sharply raised shipping costs and sulfur prices, posing serious risks to the production of phosphate fertilizer needed for China’s spring planting campaign. The country imports about 47% of its sulphur, mostly from the Persian Gulf, so any disruption to transportation routes has a direct impact on domestic fertilizer production.
According to analysts at Goldman Sachs, a sharp rise in oil prices linked to the conflict in Iran could reduce global economic growth by about 0.3% and lead to higher inflation over the next year.
The global aluminum market is rapidly entering a deficit phase after one of the metal’s largest producers, Aluminium Bahrain, announced it would cut nearly 20% of its production capacity amid supply disruptions across the Strait of Hormuz due to the war in Iran.
US President Donald Trump said that after the completion of the operation in Iran, which he called “Epic Fury”, he plans to “get busy” with Cuba. He made this statement in a conversation with journalists.
The presidents of Romania and Ukraine, Nicusor Dan and Volodymyr Zelenskyy, have signed a statement of intent to produce Ukrainian defense systems, including combat drones, in Romania, they said after a meeting in Bucharest.
The number of Ukrainians aged 18 to 63 years in Germany has increased by more than 50 thousand in a year, according to Logos Press.
The Middle East military conflict has caused tourism spending worldwide to drop by at least $600 million daily, according to Logos Press.
The Grand Prix stages of the world’s leading Formula 1 circuit racing in Bahrain and Saudi Arabia have been canceled due to the ongoing military conflict in the Persian Gulf, according to Logos Press.
The fifth year of the war will be crucial for Ukrainians who went abroad during the war. The conditions of their stay in Europe will change. Therefore, many of those who have been hesitant so far will have to make a choice: stay or return.
India has ensured safe passage of liquefied gas tankers through the closed Strait of Hormuz. France and Italy have also started negotiations with Iran on the passage of their ships.
The U.S.-Israeli war against Iran is a blatant violation of international law. So are almost all other wars launched since the 1945 United Nations Charter, which prohibits the use of force except in self-defense or, as in the case of the Korean War (1950-53) and the First Gulf War (1990-91), with Security Council authorization. The current war with Iran stands out not for its illegality but for its lack of a clear or achievable objective.
Food and agricultural products account for more than 60% of Iran’s total supplies to Russia. The Russian market is significantly dependent on imports of Iranian fruit and vegetable products during certain periods of the marketing season.
US President Donald Trump has suspended sanctions on the purchase of Russian oil around the world. The measure will be in effect until April 11, and it concerns oil that is already at sea.
The first week of the war with Iran cost the United States more than $11.3 billion. Those are the Pentagon’s new estimates for the U.S. Congress, and they double the “cost” of military action in the first seven days.
In February, the U.S. consumer price index remained unchanged – at 2.4%. Because of this, the price of the first cryptocurrency yesterday jumped by 2.3% to $71,000.
US President Donald Trump told supporters in Kentucky on Wednesday that “we have won” the war with Iran, without providing substantial evidence to back up his claim.
Tax changes and military force-majeure in Iran left grain market of Kazakhstan in stagnation: deals are single, prices are corrected, and market participants are cautiously looking for new benchmarks.
Sports Minister Ahmad Donyamali has announced that the national team will not be able to participate in the upcoming World Cup, according to Logos Press.
The United States is interested in sending aircraft to the Kogalnichanu base for possible interventions in the Middle East.
