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Iran-linked attacks set two fuel tankers ablaze in Iraqi waters as Tehran escalated strikes on oil and transport infrastructure across the Middle East, warning the world to be “ready for oil to be 200 dollars a barrel.” The flare-up, coming as the joint U.S.-Israeli air campaign in Iran neared its second week, further rattled energy markets already reeling from disrupted Gulf shipping and a looming record release of strategic oil reserves. Port officials and maritime security firms said explosive-laden boats appeared to have…

U.S.-Iran war widens with tanker strikes, Hormuz blockade and oil-price shock as allies weigh record reserve release The United States and Iran signaled no quick end to their war as suspected Iranian attacks on fuel tankers near the Strait of Hormuz and fresh strikes across the Middle East kept the world’s busiest oil chokepoint effectively shut and sent crude higher. Nearly two weeks into a joint U.S.-Israeli air campaign, about 2,000 people have been killed — mostly Iranians and Lebanese — and global shipping and energy…

Iran is shifting the battlefield to the global economy: oil routes and cloud giants in the crosshairs The United States holds a decisive edge in conventional firepower. Iran knows it cannot match that force head-to-head. Instead, it is probing the seams of a system that keeps the world running—energy flows and digital infrastructure—and betting that economic disruption will shape the outcome of this war as much as any clash on land, sea or air. In recent days, Iranian threats to target ships have played out despite stern…

Ethiopia Targets $2.4 Billion in New Investments at Annual Investment Forum Ethiopia is positioning itself as a prime destination for foreign investors by targeting $2.4 billion in new investments. Despite ongoing internal challenges, the Ethiopian Investment Commission is promoting robust measures to maintain foreign direct investment (FDI) inflows, particularly during the upcoming Investment Forum on March 26 and 27 in Addis Ababa. Ethiopia ranks second in Africa for foreign direct investment inflows. The forum…

Police in Dresden said a 250-kilogram World War II bomb was safely defused Friday after authorities evacuated about 18,000 people from the city center, capping one of the largest operations of its kind in the eastern German city. The unexploded British device was uncovered during clearance and construction work to rebuild a bridge over the Elbe River that partially collapsed in 2024. Emergency services ordered an evacuation within a 1-kilometer radius, calling it the city’s largest such operation in recent years. More than…

LONDON — Kneecap rapper Liam Óg Ó hAnnaidh, who performs as Mo Chara, will not face a new terror trial after the High Court in London rejected a Crown Prosecution Service appeal seeking to revive a case thrown out last year. Ó hAnnaidh was accused of displaying a flag in support of proscribed terror organization Hezbollah during a gig at the O2 Forum in Kentish Town, north London, on Nov. 21, 2024. The case was dismissed in September, when Chief Magistrate Paul Goldspring ruled the proceedings were “instituted unlawfully.”…

DRESDEN, Germany — Authorities evacuated about 18,000 people from central Dresden after an unexploded World War II bomb was discovered near the Carola Bridge reconstruction site, in what emergency services described as the city’s largest operation of its kind to date. Bomb disposal specialists prepared to defuse the 250-kilogram British bomb, which was uncovered during work to rebuild the Elbe River crossing that partially collapsed in September 2024. The find triggered a security cordon with a 1-kilometer radius, sweeping…

U.K. to release first tranche of Mandelson appointment files amid Epstein-linked probe The U.K. government will publish the first batch of documents today relating to Peter Mandelson’s appointment as ambassador to the United States, as police continue investigating allegations he passed sensitive information to Jeffrey Epstein during his time as business secretary. Mandelson was arrested on Feb. 23 on suspicion of misconduct in public office. He was bailed and later released from his bail conditions, but remains under…

Alabama Gov. Kay Ivey has commuted the death sentence of Charles “Sonny” Burton, a 75-year-old inmate who spent more than three decades on death row for a 1991 Talladega robbery that ended in a customer’s killing. Ivey, a Republican, said it would be unjust to execute Burton because he did not pull the trigger in the fatal shooting. Ivey’s decision spares Burton days before he was scheduled to be executed by nitrogen gas. In a written statement, the governor said the facts of the case did not warrant the ultimate punishment…

Iran threatened to target U.S.- and Israeli-linked economic assets — including banks — in a warning that underscores the risk of the conflict spilling from the battlefield into financial and digital infrastructure across the Middle East and beyond. The scope, timing and method of any potential action were not immediately clear. The statement signals that economic targets, such as banking networks and associated services, could come under pressure, heightening concerns about cyberattacks, sanctions-related retaliation, or…