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FORGOTTEN HISTORY: 25 - Caught on Camera

Asia faces an energy shock from the Iran war and a closed Strait of Hormuz, as governments halt exports and draw down stockpiles

Asian countries like China, Korea and Japan have tried to diversify their energy imports, yet they still depend on oil and gas from the Middle East.

Fortune

The country that will benefit the most from Trump’s war on Iran? Russia

ANALYSIS : As India and China scramble to replace blocked Gulf oil, analysts tell Stuti Mishra the ultimate beneficiaries of this war are clear

The Independent UK

In the Iran war, it’s not the oil that’s important—it’s the water

Today’s Fortune 500 Digest.

Fortune

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Iran's barrage of attacks across the Persian Gulf shows regional chaos is key to its strategy

For years, Iran’s theocratic government warned it would blanket the Middle East with missile and drone fire if it felt its existence was threatened

The Independent UK

Wary European states pledge military aid for Cyprus and Gulf allies

Wary of getting directly involved in the US-Israeli war with Iran, European countries are nevertheless being drawn into the conflict following attacks on Cyprus and Western allies in the Gulf.

Radio France Internationale

Iran war: How exposed are European economies?

The closure of the Strait of Hormuz has sent gas prices surging by 60%, putting additional strain on Europe's already-depleted winter inventories and prompting economists to revise their 2026 growth and inflation outlooks.

Euronews

US-Israel war with Iran: Why various Gulf countries are angry with the UK and Keir Starmer

Britain is facing sharp criticism from partners in the Gulf after Iranian missile strikes escalated tensions across the Middle East. Regional allies say the UK government responded too slowly to the threat and delayed key military decisions at a critical moment.

The Times of India

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Oil price continues to rise amid Middle East crisis but stock markets rebound across Asia

Reports of attack on US registered tanker in Gulf lifts crude by 3% to $84 a barrel as gas price also starts to climb

The Guardian - UK

The Iran war could hit Britain — Starmer must equip the country to defend itself

It will take more than 10 days to get the destroyer HMS Dragon tooled up, battle ready and on station to protect Akrotiri and the island of Cyprus from Iranian drone and missile attacks. The RAF base there has already been hit by Iranian Shahed drones, probably launched by Hezbollah…

Evening Standard

‘A big burden for farmers’: Gulf shipping crisis threatens food price shock

Iranian blockade of the strategic strait of Hormuz is hitting global fertiliser supply chain

The Guardian - UK

Gulf crisis reveals air passengers’ rights rules are unfit for purpose

Plane Talk: Middle East aviation shutdown has left millions stranded

The Independent UK

Ukraine-Russia war latest: Zelensky asks US to postpone upcoming peace talks due to Iran conflict

Zelensky says trilateral peace talks paused due to conflict in Middle East

The Independent UK

High alert in the Gulf: Kuwait arrests two for viral videos mocking armed forces, air defence efforts on social media amid Iran-US-Israel war

Kuwait has arrested two individuals for mocking its armed forces and air defence on social media amidst escalating US–Israel war with Iran. This move signals a stricter enforcement of public order and national security laws. Authorities emphasise the need for unity and respect for security forces as the nation actively…

The Times of India

Saudia extends flight suspensions until March 6: 8 destinations affected amid Iran-US–Israel conflict

Saudia has extended flight suspensions to eight key destinations until March 6, 2026. This decision stems from ongoing regional tensions and airspace closures due to US–Israel–Iran conflict, impacting commercial air travel. The airline is contacting affected passengers directly. Travellers are advised to verify flight status before heading to the airport.…

The Times of India

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The Guardian - UK

Starmer’s slow start in the war against Iran could leave UK playing catch-up

Prime minister’s initial refusal to help US could constrain Britain’s ability to protect its nationals in the Gulf and reassure allies

The Conversation

How would the Iran crisis play out in a world powered by renewables not fossil fuels?

Imagine the escalating conflict between the US, Israel and Iran unfolding in a world powered mostly by wind, solar and batteries rather than oil and gas.

The Conversation

How prepared are the US and its allies for a protracted conflict in Iran?

If Israel and the US hoped their attack on Iran would force the country to capitulate quickly, they were wrong. Despite the death of the supreme leader, Ayatollah Ali Khamenei, and many other senior figures, Iran has managed to continue firing drones and missiles at targets across the Middle East.

The Conversation

Strait of Hormuz: Gulf states’ food security is at immediate risk but wider shortages could push up consumer prices globally

The Iranian regime has announced the closure of the strait of Hormuz and threatened to target ships attempting to transit the narrow waterway. Some have already been damaged. While this could seriously harm global energy supply and raise costs, the consequences actually extend far beyond these markets.

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The Independent UK

How safe is the Middle East for Americans? Latest travel advice amid Iran-US conflict

‘Operation Epic Fury’ has created a vast no-go zone over the Middle East for commercial flights, with east-west services rerouted and thousands of cancelations in major Gulf hubs

The Times of India

Iran’s first strike on alliance member? Turkey says Nato defences destroy missile heading for its airspace

NATO air and missile defence systems intercepted a ballistic missile launched from Iran heading towards Turkish airspace, marking the first direct impact on a NATO member. Turkey condemned Iran's escalating regional strikes, warning against actions that could further widen the conflict and vowing to defend its territory.

The Independent UK

Celestyal Arabian Gulf cruise season ends early amid Iran conflict

Sailings in the Middle East have been cancelled since the outbreak of war

The Guardian - UK

Israel strikes Tehran and Beirut as Iran vows ‘complete destruction’ in region

Rapidly escalating war enters fifth day and spreads as far as Indian Ocean with sinking of Iranian vessel off Sri Lanka

International Business Times UK

Amazon AWS Data Centres Hit by Iranian Drone Strikes — How Digital Transactions Are Affected in UAE and Bahrain

Iranian drone strikes on AWS data centres in the UAE and Bahrain are causing major disruptions to banking apps and delivery services, and exposing cybersecurity vulnerabilities in the Middle East.

The Times of India

'We've just begun': US says it has bombed over 2,000 targets in Iran - top developments

Israel and the United States have launched a major joint operation against Iran. The campaign involves extensive strikes targeting Iranian military and nuclear facilities. Iran has retaliated, hitting US diplomatic sites and energy infrastructure across the region. The conflict has spread, causing casualties and displacement. Global energy prices are rising…

The Independent UK

Trump will deploy US Navy to protect oil tankers in Middle East ‘if necessary’

The president also said he was offering government-backed risk insurance for ships passing through the Gulf region

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