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The US wrestles for power in the Hormuz Strait, at least verbally, claiming it's the one who rules the waterway. But the Iranian ambassador to Indonesia says America is just spinning a narrative and its not based in reality. Iranian trains are back on track as the nation has managed to rapidly reconstruct its railway network following US and Israeli attacks. While Israeli and Lebanese leaders are expected to speak this Thursday…

An overnight Ukrainian drone raid killed two minors in the Russian Black Sea port city of Tuapse · FILE PHOTO. © Sputnik / Sergey Bobylev · The Russian armed forces carried out mass strikes on Ukrainian military and energy sites on Thursday in response to a drone attack that killed two children in the country’s Krasnodar Region, the Defense Ministry in Moscow has said. · Russian strikes hit facilities involved in the…

Peter Magyar claims his party’s election win has “liberated” the state broadcaster from airing “propaganda” · Tisza party leader Peter Magyar, slated to become the next Hungarian Prime Minister, Budapest, April 13, 2026. ©  Jakub Porzycki / Anadolu via Getty Images · Hungary’s incoming prime minister, Peter Magyar, has pledged to suspend the news operations of the state broadcaster following two tense interviews he gave on…

Sergey Shoigu has cautioned Finland and the Baltic states against allowing Kiev to use their airspace for attacks on Russia · Russian National Security Council Secretary Sergey Shoigu, Moscow, Russia, February 5, 2026. ©  Aleksey Mayshev/RIA Novosti · Russia would have the right to retaliate if Finland and the Baltic states are deliberately allowing Ukrainian drones to pass through their airspace, Security Council…

A ten-day truce will begin at 5 PM EST (22:00 GMT) on Thursday following talks between the sides, the US president has announced · US President Donald Trump ©  Win McNamee / Getty Images · US President Donald Trump has announced that a ten-day ceasefire between Israel and Lebanon has been agreed upon following talks in Washington. · In a post on Truth Social on Thursday, Trump stated the truce would begin at 5 PM EST (22:00…

“Same as it ever was” is a phrase that continues to resonate in 2026. · Jamie Fraser/Getty Images - Author Craig Stevens Professor in Ocean Physics, University of Auckland, Waipapa Taumata Rau; Earth Sciences New Zealand · The oil shocks of the 1970s, triggered by conflict in the Middle East, sent global energy prices soaring and exposed the vulnerability of modern economies to fuel supply. They also sparked a global surge of interest…

The fallout from war between the United States, Israel and Iran has dominated global oil markets. And not just because the Strait of Hormuz, which normally carries about 20% of global oil and gas, remains effectively closed to shipping traffic. · Author Flavio Macau - Associate Dean - School of Business and Law, Edith Cowan University · Deep uncertainty about how long the disruption will continue has added a persistent “risk premium” – an…

New Zealand and Australia like to think of themselves as food powerhouses. · William West/AFP via Getty Images | Senior Lecturer in Economics, University of Otago · But right now, a war in the Middle East and China’s fertiliser export restrictions are exposing a dangerous blind spot: their farms depend on imported fertiliser, and they have no plan for when it stops arriving. · As much as fertiliser might seem like a background detail in…

Every time a New Zealander fills up at the pump, around 10 cents per litre is being added through the Emissions Trading Scheme (ETS). · At current consumption levels — roughly 8.76 billion litres per year — that equates to: · ~$860 million annually · Not in theory. Not in modelling. Real money. Collected every single day. · A Policy Nearly Two Decades Old · The New Zealand Emissions Trading Scheme was introduced in 2008 under the Fifth…

Rising milling capacity in Sudan is boosting demand for grain, Agroexport has said · ©  Kirill Braga / Sputnik · Russian wheat shipments to Sudan have more than doubled, the Russian agriculture export agency Agroexport said on Tuesday.  · Exporters delivered about 1.7 million tons since the start of the 2025/26 season, compared to 0.7 million tons over the same period a year earlier. That volume has already exceeded the…