Members reportedly agree rise of 206,000 barrels a day in May but move symbolic with strait of Hormuz effectively closedMiddle East crisis – live updatesIranian drones struck Kuwait’s oil infrastructure on Sunday, causing “severe material damage” that threatened to further disrupt oil supplies already hit by the US and Israel’s war with Tehran.It came hours before members of the Opec+ group that represents major global oil suppliers gathered to discuss how to bolster output despite Iran’s effective closure of the crucial strait of Hormuz shipping route. Continue reading...
The attack came hours after Donald Trump threatened to ‘obliterate’ Iran’s energy plants and oil wells unless it opened the strait of Hormuz. Plus, Israel to give death penalty to Palestinians convicted of lethal attacksGood morning.Iran attacked and set alight a fully loaded crude oil tanker anchored at Dubai port, causing damage to the vessel’s hull, in the latest strike on merchant vessels in the Gulf and the strait of Hormuz. The fire was extinguished within hours and no injuries were reported.What has Trump said about the war’s end? He has continued to give mixed messages, threatening to destroy Iran’s energy facilities unless it agrees to peace terms – while simultaneously claiming diplomatic progress in ending the war the US started together with Israel. Iran has accused the US of using diplomacy as a smokescreen to prepare for more attacks.Which countries are most vulnerable to economic shocks? The Philippines, which imports almost all of its crude oil from the Middle East, is particularly exposed to surging prices, which have triggered protests and widespread anger.Why now? The government of Iran, which the US has attacked, is a prolific and sophisticated disinformation actor, while Russian and Chinese influence operations continue to target US allies globally.How would the embassies do it? They have been told to use local influencers, academics and community leaders abroad to make US-funded narratives feel more organic. Continue reading...
Dubai officials said a fire on the Al Salmi tanker had been extinguished and all crew members were safe after drone strikeMiddle East crisis – live updatesHow could US forcibly reopen strait of Hormuz and what are the risks? Iran attacked and set ablaze a fully loaded crude oil tanker at Dubai port’s anchorage, with the strike damaging the vessel’s hull and raising concerns about a possible oil spill.Dubai authorities said the drone attack caused a fire on board that was extinguished early on Tuesday, hours after the attack was first reported. The attack came hours after Donald Trump warned that the US would obliterate Iran’s energy plants and oil wells if it does not open the strait of Hormuz. Continue reading...
Prime minister says no Australian personnel were injured and maintains Australia is not at war with IranFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAn Iranian projectile hit near Australia’s headquarters at the Al Minhad airbase in the United Arab Emirates, damaging an accommodation block and a medical facility.The prime minister, Anthony Albanese, confirmed that no Australian personnel were injured in the strike at 9.15am AEDT on Wednesday morning. Continue reading...