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Iran’s Health Ministry said on Sunday that US-Israeli strikes in the country have killed at least 223 women and 202 children since the US and Israel launched the war on February 28. The ministry said that the toll includes three pregnant women and 12 children under the age of five. The majority of the children […]

Australia Considers Emergency Powers To Protect Domestic Gas Supply Authored by Tsvetana Paraskova via OilPrice.com, Australia’s government intends to consider using emergency powers to protect domestic natural gas supply in case of a shortfall on its east coast in the third quarter of 2026. The potential consideration of using such powers would be part of the steps the Albanese Government is taking to secure domestic gas supplies for Australian households and industry as the Middle East conflict disrupts global energy markets. Australian Minister for Resources, Madeleine King, has given notice of her intention to consider...

Air Freight Rates To Spike As Iran War Escalates By Eric Kulisch of FreightWaves The war launched by the United States and Israel against Iran on Saturday is already disrupting air cargo traffic in the Middle East, a key freight corridor between Asia and Europe where two of the world’s largest cargo airlines are based, and raising the potential for a rise in air freight rates.  Airlines are suspending flights, rerouting traffic around the conflict zone and unable to use key transload hubs in Dubai, Abu Dhabi and Qatar because of retaliatory...