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Japan and Germany said Wednesday they would tap into their oil reserves to tackle the rise in crude prices due to the Middle East war, with Berlin saying the IEA global energy body had asked member states to release 400 million barrels.
New attacks hit three commercial ships in the Gulf on Wednesday, with one of the vessels in flames as Iran pressed its campaign against its oil-exporting neighbours, threatening shipping in the Strait of Hormuz and plunging the global energy economy into crisis.
Iran's new supreme leader Mojtaba Khamenei is injured but "safe and sound", the son of the president said Wednesday, offering the first official explanation for why the 56-year-old has not been seen since his appointment at the weekend.
The Group of Seven advanced economies inched closer Wednesday to tapping strategic oil reserves to tackle the rise in crude oil prices due to the Middle East war as energy ministers said they stood ready to take "all necessary measures".
Britain's government was due Wednesday to publish the first tranche of documents relating to Prime Minister Keir Starmer's controversial appointment of a Jeffrey Epstein associate as UK ambassador to Washington.
US President Donald Trump has said that Iran is "welcome" to participate at the upcoming World Cup in North America, despite the ongoing Middle East war, FIFA chief Gianni Infantino said on Wednesday.
Exhausted Afghans cross the border from Iran in a sandstorm, leaving behind a country in the grip of war to return to a homeland that is battered by conflict and humanitarian crisis.
Asian equities rose Wednesday while oil resumed its gains as traders weighed growing supply concerns against a report that the International Energy Agency was considering the release of a record amount of its reserves.
Three commercial ships took fire in the Gulf on Wednesday as Iran launched strikes against its oil-exporting neighbours, threatening shipping in the Strait of Hormuz and plunging the global energy economy into crisis.
Energy ministers of the G7 said on Wednesday they stood ready to take "all necessary measures" in coordination with the International Energy Agency (IEA) to tackle the rise in crude oil prices due to the Middle East war.
German defence giant Rheinmetall Wednesday forecast even faster growth this year after record earnings in 2025, with Europe racing to re-arm as it contends with a hostile Russia and turmoil in transatlantic ties.
Iranian women footballers claiming asylum in Australia evacuated from their safe house on Wednesday after one team member changed her mind and revealed their location to the Iranian embassy, Canberra said.
South Korea said Wednesday it could deter threats from the North even if the United States relocated some of its military assets to the Middle East amid the war in Iran.
Iran unleashed a wave of attacks against Israel and Gulf nations on Wednesday, including targeting a Saudi oilfield, as reports of a proposed record release of oil reserves helped calm markets and prices.
Kharg Island, a scrubby stretch of land in the northern Gulf, handles almost all of Iran's crude exports and any attempt to seize it would mark a major escalation in the conflict, analysts say.
Iran unleashed early Wednesday defiant new strikes around the region including drones targeting a Saudi oilfield, as the International Energy Agency reportedly proposed its largest-ever oil reserve release to calm markets and prices.
Even Flavio Bolsonaro didn't seem to take his presidential candidacy very seriously when his father, Brazil's former president Jair Bolsonaro, tapped him as a political heir from behind bars.
Jose Antonio Kast became Chile's president on his third attempt, becoming the country's most right-wing leader in over three decades by pledging a firm hand on security and order.
Chile's most right-wing president in over three decades, Jose Antonio Kast, will be sworn in on Wednesday on a promise to tackle surging rates of violent crime and carry out mass migrant deportations.
Microsoft on Tuesday warned a judge that the Pentagon blacklisting of Anthropic could hamper US warfighters and imperil the country's drive to lead in artificial intelligence.
With daily attacks shaking the city, schools shuttered for days and many shops closed, Tehran residents are trying to adapt to wartime conditions under an Israeli-US assault seeking to determine the future of the Islamic republic.
The White House said Tuesday that President Donald Trump would not be "happy" if Russia is sharing intelligence with Iran during the Middle East war, but it held back any strong criticism for Moscow.
The United States said Tuesday it was striking Iranian ships capable of mining the crucial Strait of Hormuz and threatened escalation if Tehran presses ahead, as the Middle East war wreaks havoc on global oil markets.
Two more members of Iran's visiting women's football team have claimed asylum in Australia after they were branded "traitors" at home over a pre-match protest, the government said Wednesday.
Fresh Israeli strikes hit Beirut's southern suburbs and south Lebanon on Tuesday after the Israeli army warned people to evacuate, with Lebanese authorities saying nearly 760,000 people had been registered as displaced.
US President Donald Trump has built a potential off-ramp by suggesting the Iran war could end soon, but the world is still guessing about whether he will take it -- and whether Tehran will let him.
US Navy escorts could help increase the flow of tankers through the Strait of Hormuz, but American warships accompanying slow-moving commercial vessels would face threats including mines, missiles and drones in the narrow waterway bordering Iran.
Crude prices sank and equities mostly rose Tuesday as oil-importing countries discussed a possible stockpile release while monitoring the Strait of Hormuz, a key petroleum waterway emptied of traffic as the Middle East war rages.
Iran remained defiant as fresh explosions thundered out in Tehran on Tuesday, insisting it was not seeking a ceasefire even as US President Donald Trump upped his threats surrounding the strategic Strait of Hormuz.
American firm Planet Labs PBC on Tuesday said it now imposes a two-week delay for access to its satellite images of the Middle East because of the US-Israeli war against Iran.
Oil prices sank and equities mostly rose Tuesday following a volatile session that came after President Donald Trump signaled that the US-Israeli war on Iran could end sooner than previously thought.
When the top US general spoke Tuesday of his "respect" for Iranian fighters, the remark underscored a striking divide between the restrained language of the military brass and the swaggering rhetoric used by President Donald Trump and his administration.