World

Republican Lawmaker Introduces House Bill to Strengthen Taiwan’s Energy Security Amid Rising China Threats

Taiwan’s energy security by boosting U.S. liquefied natural gas exports to the island and offering war-risk insurance to ensure fuel shipments continue despite threats from China.

Iran’s New Leader Issues First Statement, Says Hormuz Closure Should Be Used as Leverage

Iran’s new supreme leader, Ayatollah Mojtaba Khamenei, warned the Strait of Hormuz closure remains an option and vowed retaliation for Iranians killed.
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Oil Jumps Back Toward $100 per Barrel as Iran Steps up Tanker Attacks

Oil prices jumped back toward the $100-per-barrel mark on March 12 despite a coordinated release of strategic reserves by the United States and its allies.

Strait of Hormuz Crisis Disrupts Fertilizer Trade, Sparking Food Price Fears

Hormuz Strait closure shocks fertilizer markets as farmers prepare spring planting, raising fears of supply disruptions and higher global food prices.

Trump Says Iran’s Navy and Air Force Destroyed, War ‘Not Finished Yet’

President Trump said that Iran’s military has been severely degraded by U.S.–Israeli strikes during the conflict, which began in late February.

Iran’s New Supreme Leader Injured, Israeli Officials Say

Iran’s new supreme leader, Mojtaba Khamenei, sustained injuries in the opening hours of the joint U.S.–Israeli military operations against Iran, according to Israeli assessments.

IEA Agrees to Release Record 400 Million Barrels of Oil From Reserves

Members of the International Energy Agency (IEA) agreed on March 11 to release 400 million barrels of oil from reserves.

3 Ships Hit by Projectiles in Strait of Hormuz as Iran Attacks Escalate

Three commercial vessels were struck by projectiles in and around the Strait of Hormuz overnight as Iran ramped up regional attacks.