Oil surges past $120 to war-time high as Trump rejects Iran overture Benchmark Brent crude surpassed $120 per barrel on Wednesday, reaching the highest levels yet seen during the US-Israel-Iran war. Iran
Trump speaks with Netanyahu, Putin as Iran pressure campaign escalates President Donald Trump spoke by phone separately with Israeli Prime Minister Benjamin Netanyahu and Russian President Vladimir Putin, discussing the situation in Iran and the possibility of extending the ceasefire. United States
Turkey advances gas pipeline plan to northern Cyprus as East Med rivalry grows The Turkish energy minister said the country's oil and natural gas pipeline operator, BOTAS, has started the engineering work for the pipeline. Turkey
Analysis Iron Dome in Gulf: How Iran war turned UAE-Israel defense ties operational The deployment is the first known combat use of the system outside Israel as Emirati-Israeli ties shift from political normalization toward military coordination. By Francesco Schiavi In Bologna, reporting on security, defense, economy, governance
Attacks on hospitals and medics rising, driven by Middle East conflict, says World Health Organization Reuters
Iranian rial hits new record low as blockade, war take toll: What to know The rial had another collapse in late 2025, triggering massive protests and riots in the country that were ended by a forceful government crackdown. Iran
