Yara International CEO Svein Tore Holsether warns that the Iran war is causing a "double blow" to global food systems, with urea prices hitting $700 per ton as Gulf supply chains collapse.
Hamas has issued its first official statement since the Feb 28 outbreak, calling on Iran to avoid targeting neighboring Arab states as regional tensions and military strikes continue to mount.
Ukrainian drones set Russia's Afipsky refinery ablaze and hit Port Kavkaz, while U.S. strikes on Kharg Island military sites escalate regional war. Global energy prices surge amid supply fears.
U.S. Central Command conducted a massive bombing raid on military targets on Kharg Island. While 90% of Iran's oil exports pass through the hub, Trump has opted not to strike oil assets—for now.
A U.S. KC-135 tanker crashed in western Iraq during an operation. While a second plane landed safely, authorities are investigating the cause of this fourth aircraft loss in the current conflict.