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Crude prices continue to climb as world faces its biggest energy crisis in decades.

Oil prices have surged to their highest level in nearly two weeks amid escalation on multiple fronts of the US-Israel war on Iran.

Brent crude, the global benchmark, rose more than 3 percent on Monday morning to top $116 a barrel.

The latest climb took the global benchmark to its highest point since March 19, when it briefly touched $119 a barrel.

The surge came after Iran said it was prepared for a US ground invasion, with the speaker of the country’s parliament warning that Tehran was waiting for the arrival of US troops to “set them on fire” and “punish” their regional allies.

Tehran’s warning came as the conflict deepened over the weekend, with the Iranian-backed Houthis launching missiles at Israel for the first time in the war, and Israel expanding its invasion of southern Lebanon.

Iran’s effective closure of the Strait of Hormuz in retaliation for the US-Israel war has disrupted about one-fifth of global oil and liquified natural gas (LNG) supplies, plunging the world into its biggest energy crisis in decades.

Oil prices have risen nearly 60 percent since the start of the war, driving up fuel prices worldwide and forcing numerous countries to adopt emergency measures to conserve energy.

Analysts have warned that oil prices are likely to keep rising unless maritime traffic returns to normal levels in the strait.

Greg Newman, the CEO the Onyx Capital Group, which began as an oil derivatives trading house, said that energy markets were only beginning to feel the fallout of the turmoil.

“Physical oil moves around the world in loading cycles , and Europe has taken around three weeks to really start feeling the effects of the oil shortage,” Newman told Al Jazeera.

“Brent is starting to reflect the reality, and we think it’s a steady rise from here towards $120 and beyond.”

Newman said the scale of the disruption had yet to be fully appreciated.

No one in the market has ever seen the outages we are now suffering from – physical premiums are the highest ever. There is still a sense that the macro world is not taking this seriously enough, but it is worse than anything that has come before it,” he said.

“The reality will come out in the economic numbers over the coming months.”

More to follow…

The 19-year-old Mercedes driver’s historic championship accomplishment came after he won his second F1 race in a row.

Kimi Antonelli of Mercedes won the Japanese Grand Prix on Sunday for his second straight victory as the 19-year-old Italian became the youngest driver in Formula One history to lead the world championship standings.

Antonelli took advantage of a mid-race safety car to leapfrog into the lead after a dreadful start from pole position at Suzuka and eventually led home McLaren’s Oscar Piastri and Ferrari’s Charles Leclerc.

He whooped with delight as he crossed the line, telling his team, “The pace was unbelievable today.”

He leads the championship after three races, building on the first Grand Prix win of his career two weeks ago in China.

George Russell of Mercedes, who started the day on top of the championship standings, finished fourth.

Russell battled Piastri for the lead over the first half of the race but pitted just before the safety car to drop back out of contention for the win.

McLaren’s world champion Lando Norris was fifth ahead of Ferrari’s Lewis Hamilton and Alpine’s Pierre Gasly.

Red Bull’s four-time world champion Max Verstappen, who had won in Japan for the past four years, was eighth after starting from 11th on the grid.

Antonelli recovers from poor start

Antonelli was in pole position for the second straight race, having become the youngest pole-sitter in F1 history in China.

But the Italian had a shocking start, sinking to sixth by the first corner.

Piastri took the early lead ahead of Leclerc, with Norris, Russell and Hamilton all overtaking Antonelli.

Russell moved up the field to sit on Piastri’s tail as the game of cat and mouse began.

Antonelli also made up lost ground, but a crash from Haas driver Ollie Bearman brought out the safety car midway through the race.

Bearman was limping badly as race marshals helped him off the track, and his team later said he had “a right knee contusion”.

Antonelli dived into the pits moments after the safety car was deployed, a stroke of good luck that won him the race as he emerged at the head of the pack.

Russell slid out of contention, first being overtaken by Hamilton before watching Leclerc go past.

Antonelli increased his lead while Russell recovered, but Piastri held on to deny Mercedes a third successive one-two Grand Prix finish.

Haas said initial X-rays showed Bearman had no fractures after his crash, which saw him hit the barrier at high speed.

The 20-year-old had moved up the field after starting from 18th on the grid.

Formula One now takes an extended break until the Miami Grand Prix on May 3.

The Bahrain and Saudi Arabia races scheduled for April have been cancelled because of the war in the Middle East. The 19-year-old Mercedes driver’s historic championship accomplishment came after he won his second F1 race in a row.

As the United States-Israeli war on Iran enters its fourth week this weekend, pressure on oil and gas markets continues to mount due to severe disruption to shipping traffic through the Strait of Hormuz as well as attacks on and around key energy facilities in the Gulf.

In peacetime, 20 percent of the world’s oil and gas is shipped from producers in the Gulf through the Strait of Hormuz – the only route to the open ocean – including 20 million barrels of oil per day.

To bridge the shortage its closure has caused, countries in the Middle East are exploring alternative routes to get energy exports out.

In this explainer, we look at three major pipelines in the Middle East that producers may be pinning their hopes on, and whether they can fill the gap.

What has happened in the Strait of Hormuz?

On March 2 – two days after the US and Israel began strikes on Iran – Ebrahim Jabari, a senior adviser to the commander-in-chief of Iran’s Islamic Revolutionary Guard Corps (IRGC), announced that the strait was “closed”. If any vessels tried to pass through, he said, the IRGC and the navy would “set those ships ablaze”. Since then, traffic through the strait has plunged by more than 95 percent.

Iranian officials have most recently stated that the strait is not completely closed – except to ships belonging to the US, Israel and those who collaborate with them – but have also laid down new ground rules. Any vessel must secure Tehran’s approval to transit through the narrow waterway.

As a result, over the past fortnight, countries have been scrambling to do deals with Iran to secure safe passage and a few, mostly Indian, Pakistani and Chinese-flagged tankers have been allowed to pass.

On Thursday, Malaysian Prime Minister Anwar Ibrahim thanked Tehran for granting Malaysian vessels “early clearance” through the strait.

Meanwhile, about 2,000 ships flying the flags of other nations are stuck on either side of the strait.

Which oil pipelines could serve as alternate routes?

The only alternative to shipping oil is piping it across land or under the sea. Three oil pipelines could work as ways around the Strait of Hormuz, including:

Saudi Arabia’s East-West Pipeline

The East-West pipeline is also known as the Petroline and is operated by Saudi oil giant Aramco. Aramco is one of the world’s largest companies, with a market capitalisation exceeding $1.7 trillion and annual revenues of $480bn. The oil giant controls 12 percent of global oil production, with a capacity of more than 12 million bpd.

It is a 1,200km (745-mile) pipeline which runs from the Abqaiq oil processing centre close to the Gulf in Saudi Arabia to the Yanbu port on the Red Sea, on the other side of the country.

However, the pipeline does not have the capacity to fully make up for the Hormuz closure.

In 2024, about 20 million barrels per day (bpd) passed through the Strait of Hormuz, according to data from the United Nations. Crude oil and condensate made up 14 million bpd of this, while petroleum was the remaining 6 million bpd.

The East-West pipeline has the capacity of transporting up to 7 million bpd. On March 10, Aramco said about 5 million bpd could be made available for exports, while the rest could supply local refineries.

Since the US-Israeli war on Iran began at the end of February, Saudi Arabia has ramped up its oil flow through this pipeline. In January and February, an average of 770,000 bpd flowed through the pipeline, according to data from Kpler, a data and analytics company. By Tuesday this week, this had increased to an average of 2.9 million bpd.

However, using the Saudi pipeline still carries a risk.

The Houthis, an Iran-backed Yemeni armed group whose attacks on ships in the Red Sea caused global shipping chaos during Israel’s genocidal war in Gaza from 2023 to 2025, could target the Bab al-Mandeb Strait, which connects the Red Sea to the Gulf of Aden, and the Indian Ocean beyond.

An unnamed Houthi leader told the Reuters news agency that the Houthis remain ready to attack the Red Sea again in solidarity with Tehran, the agency reported on Thursday.

“We stand fully militarily ready with all options. As for other details having to do with determining zero hour they are left to leadership and we are monitoring and following up with the developments and will know when is the suitable time to move,” the Houthi leader said.

The Bab al-Mandeb is the southern outlet of the Red Sea, situated between Yemen on the Arabian Peninsula and Djibouti and Eritrea on the African coast.

It is one of the world’s most important routes for global seaborne commodity shipments, particularly crude oil and fuel from the Gulf bound for the Mediterranean via the Suez Canal or the SUMED pipeline on Egypt’s Red Sea coast, as well as commodities bound for Asia, including Russian oil.

The Bab al-Mandeb is 29km (18 miles) wide at its narrowest point, limiting traffic to two channels for inbound and outbound shipments.

Iran could open a new front in the Bab al-Mandeb Strait if attacks are carried out on Iranian territory or its islands, Iran’s semiofficial Tasnim cited an unnamed Iranian military source as saying on Wednesday.

UAE’s Abu Dhabi Crude Oil Pipeline

The Abu Dhabi Crude Oil Pipeline is also called the ADCOP or the Habshan-Fujairah pipeline.

The 380km pipeline runs from Habshan, an oil and gasfield in the southwestern area of Abu Dhabi, United Arab Emirates, to the port of Fujairah on the Gulf of Oman.

The pipeline, which became operational in 2012, has a capacity of about 1.5 million barrels per day (bpd). It is unclear how much is now being transported through the pipeline.

However, oil exports from Fujairah do appear to have risen in the past month despite the closure of the strait, averaging 1.62 million bpd in March compared with 1.17 million bpd in February, according to Kpler analyst Johannes Rauball, who spoke to Reuters.

Iraq-Turkiye Crude Oil Pipeline

The Iraq-Turkiye Crude Oil Pipeline, also called the Kirkuk-Ceyhan Pipeline, links Iraq to the Mediterranean coast of Turkiye.

The pipeline, which has the capacity of 1.6 million bpd, currently carries about 200,000bpd.

Iraq is among the top five global producers of oil and is the second largest within the Organization of the Petroleum Exporting Countries (OPEC), exceeding 4 million bpd.

Can these pipelines replace the Strait of Hormuz?

No. While these pipelines can take on some of the capacity of Hormuz, their combined capacity is only about 9 million bpd, compared with about 20 million bpd for the strait.

Additionally, these pipelines are land-based and within the range of Iranian missiles and drones, which makes them just as vulnerable to attacks and damage in the ongoing conflict as ships travelling through the strait. Throughout the war, energy infrastructure all over the Gulf has suffered strikes.

Are there other options?

Theoretically, oil can be transported on trucks, but this is costly, slow and inefficient.

A standard truck can carry anywhere between 100 to 700 barrels per day, depending on the number of trips. Hundreds of thousands of barrels would be needed to meet needs, requiring thousands of trucks, which could also be targeted in strikes.

France’s sports minister has called the International Olympic Committee’s decision to introduce genetic testing for women’s ⁠events a “step backwards”, warning it raises major ethical, legal and scientific concerns, while US President Donald Trump praised the IOC’s new policy.

France “takes note” of the decision to require athletes to undergo testing based on the SRY ⁠gene, but opposes any broad use of genetic screening, Marina Ferrari said in a statement on Friday.

“On behalf of the French government, I wish to express our deep concern regarding this decision,” she said. “We oppose a generalisation of genetic testing that raises numerous ethical, ‌legal and medical questions, particularly in light of French bioethics legislation.”

The IOC said on Thursday that only biological female athletes would be eligible for women’s events from the Los Angeles 2028 Olympics onwards, following a one-time gene test designed to identify male sex development. The move essentially bars transgender athletes from competing in the female category.

The rule is in line with an executive order by Trump from February 2025 that banned transgender athletes from competing in girls’ and women’s sports.

“Congratulations to the International Olympic Committee on their decision to ban Men from Women’s Sports,” Trump said late on Thursday on the Truth Social platform.

“This is only happening because of my powerful Executive Order, standing up for Women and Girls!”

However, Ferrari said that: “These tests, introduced in 1967, were discontinued in 1999 ⁠due to strong reservations within the scientific community regarding ⁠their relevance. France regrets this step backwards.”

She added that the policy risked undermining equality by specifically targeting women.

“This decision raises major concerns, as it specifically targets women by introducing a distinction ⁠that undermines the principle of equality,” she said.

Ferrari also warned that the approach failed to reflect biological diversity, particularly among intersex ⁠individuals.

“It defines the female sex without taking into ⁠account the biological specificities of intersex individuals, whose sexual characteristics present natural variations, leading to a reductive and potentially stigmatising approach,” she said.

New Zealand’s Olympic Committee said on Friday that the IOC policy would bring greater “clarity” and “fairness” to future Games.

New Zealand weightlifter Laurel Hubbard became the first openly transgender woman to compete in the Olympics at Tokyo in 2021.

NZOC chief executive Nicki Nicol said the organisation recognised the “extensive consultation and expert input that has informed this policy”, particularly from athletes.

She said it would bring “greater clarity, consistency and fairness to eligibility for the female category at the Olympic level”.

“This is a complex and sensitive area that directly affects people, not just policy,” she added.

After competing in 2021, Hubbard, who failed in all of her lifting attempts in Tokyo, said she was aware of the controversy surrounding her participation.

Friday’s NZOC comments did not refer to Hubbard, who has kept a very low profile since her games appearance.

Also reacting to Thursday’s IOC announcement, Australian Olympic Committee president Ian Chesterman said the IOC had comprehensively investigated what he called a “complex issue”.

“Without doubt, this is a challenging and complex subject, and at the AOC we approach it with empathy and understanding.”

He added: “This decision provides clarity for elite female athletes who compete at the highest level and demonstrates a commitment to fairness, safety and integrity in Olympic competition, all of which are fundamental principles of the Olympic Movement.

“As the IOC has stated, at the highest level of sport, the smallest margins can determine outcomes, and clarity around eligibility is critical for female athletes to continue to compete on a level playing field.”

Italy beat Northern Ireland 2-0 to boost their bid to reach a men’s World Cup for the first time since 2014, as Bosnia and Herzegovina, Sweden, Poland, Turkiye, Kosovo, the Czech Republic and Denmark also won their European playoff semifinals.

Four-time champions Italy, who lost out in the playoffs for the 2018 and 2022 editions, travel to Bosnia on Tuesday for the final, knowing a win will send them to June and July’s tournament in Canada, Mexico, and the United States.

Sandro Tonali blasted in superbly from the edge of the box in the second half of a nervous one-off semifinal in Bergamo on Thursday before Moise Kean made the game safe.

“We made life a bit difficult for ourselves, but in the second half we found our rhythm,” Italy coach and 2006 champion Gennaro Gattuso said. “Now we’re going to play this final. We know it’s difficult. The tension we feel will be felt by our opponents, too.”

Bosnia overcame Wales on penalties in Cardiff following a 1-1 draw after extra time.

Daniel James used his pace to score early in the second period for the hosts, and Karl Darlow then made a wonder save from an Ermedin Demirovic header. Edin Dzeko, 40, levelled late on in normal time.

Darlow saved again from Demirovic in the shootout, but Brennan Johnson and Neco Williams both missed.

Kosovo have never reached a World Cup, but are through to Tuesday’s playoff final at home to Turkiye after winning a wild game in Slovakia 4-3.

The Kosovans twice wiped out a deficit, and Kreshnik Hajrizi’s goal on 72 minutes proved the difference.

Ferdi Kadioglu’s second-half goal put Turkiye through after a tight 1-0 home win over Romania.

Kadioglu calmly netted on 53 minutes after Arda Guler’s magical assist at Besiktas’s stadium in Istanbul.

Romania’s 80-year-old coach Mircea Lucescu, who counts Turkiye among his former jobs, was left to rue Nicolae Stanciu hitting the post as the Tricolours missed the World Cup for the seventh straight edition.

Turkiye, third in 2002, have not reached a men’s World Cup since.

Viktor Gykeres bagged a hat-trick in Sweden’s 3-1 win over Ukraine in Valencia. Ukraine have not played at home since the Russian full-scale invasion more than four years ago, and miss out on another World Cup.

Graham Potter’s Swedes next take on Poland, who came from behind to defeat Albania 2-1 in Warsaw.

Arbr Hoxha pounced 42 minutes after Jan Bednarek’s mistake as Albania dreamed of moving closer to a first World Cup appearance. But record Poland scorer Robert Lewandowski equalised, and Piotr Zielinski won it in style with a goal from distance.

Gustav Isaksen scored twice in two minutes to help Denmark thump North Macedonia 4-0 and set up a meeting away to the Czech Republic, who needed penalties to get past Ireland in Prague.

Troy Parrott, the hero as the Irish made the playoffs at the end of November’s group stage, netted the opener from the spot, and an own goal summed up the poor Czech defence.

But the hosts pulled one back through Patrik Schick’s penalty and Ladislav Krejci’s late header to make it 2-2, prompted by a cagey extra time, with the Czechs prevailing in a shootout.

This year’s tournament, in North America in June and July, will feature an expanded 48 teams, meaning more nations have a chance to qualify.

Twelve European countries have already gotten through by winning their groups. The playoffs are made up of second-placed teams and sides who did well in the previous Nations League.

Bolivia beat Suriname, Jamaica edge New Caledonia to reach playoff finals

In FIFA’s intercontinental playoff games on Thursday, Bolivia rallied to beat Suriname 2-1 to qualify for the final qualifying playoff against Iraq.

Liam Van Gelderen put Suriname ahead in the 48th minute, but Moises Paniagua tied the score at the 72nd, and Miguel Terceros had the winning goal on a penalty kick in the 79th minute for the Bolivians, who are aiming for their second World Cup appearance.

The Bolivians have only previously played in the 1994 World Cup in the US. Suriname were looking to qualify for the first time.

Bolivia will play Iraq next Tuesday in Monterrey, with the winner qualifying for Group I with France, Norway and Senegal.

Elsewhere on Thursday, a first-half goal by Wrexham striker Bailey Cadamarteri gave Jamaica a 1-0 victory over New Caledonia and a place in the international playoff final against the Democratic Republic of the Congo (DRC).

The Reggae Boyz have only one World Cup appearance, at France in 1998. New Caledonia, from Oceania, saw their chance to advance to a first World Cup end.

Jamaica will face DRC next Tuesday at Akron Stadium in Guadalajara. DRC qualified for the playoff by defeating Nigeria in an African playoff.

The winner in Guadalajara will play in Group K in the tournament along with Colombia, Portugal and Uzbekistan.

Malaysian leader says oil tankers granted clearance by Iran as government introduces measures to conserve fuel.

Iran has allowed Malaysian ships to pass through the Strait of Hormuz, Malaysia’s leader said, amid the global energy crunch driven by the United States and Israel’s war with Tehran.

In a televised address on Thursday, Malaysian Prime Minister Anwar Ibrahim expressed thanks to Iran’s President Masoud Pezeshkian for granting Malaysian vessels “early clearance” through the waterway, which has been effectively closed by Tehran.

“We are in the process of securing the release of the Malaysian oil tankers and the workers involved so they can continue their journey home,” Anwar said.

Anwar did not elaborate on how many vessels had cleared the strait, which normally facilitates the transport of about one-fifth of global oil and liquefied natural gas (LNG) supplies, or under what conditions the vessels were cleared for safe passage.

The Malaysian government, which has traditionally pursued a policy of non-alignment in international affairs, did not immediately respond to requests for comment.

Anwar said that while Malaysia had been affected by the disruption to energy supplies, the Southeast Asian country was in a “much better position” than other nations due to the capacity of the state-run oil and gas company Petronas.

As one of the world’s top suppliers of LNG, Malaysia is a net energy exporter, but the country imports nearly 70 percent of its crude oil from the Gulf region.

Anwar said his government would take a series of measures to conserve fuel, including reducing the individual monthly quota for subsidised petrol and “gradually and selectively” moving civil servants onto work-from-home arrangements.

“Food supplies are affected; prices will certainly rise. Fertiliser as well, and of course, oil and gas,” Anwar said.

“So there are steps we need to take. There are countries whose impacts are far worse than ours, but that does not mean we are spared entirely,” he said.

While Iran has stated that the strait is open to ships that are not aligned with the US or Israel, Tehran has claimed the right to exercise control over the waterway and admitted responsibility for at least two of 20 documented attacks on commercial vessels in the region.

Iran’s parliament is also pushing legislation that would establish a toll system in the strait amid reports that Iranian authorities have been demanding vessels fork over as much as $2m to guarantee their safe passage.

Five ships were tracked transiting the strait via their automatic identification systems on Wednesday, up from four the previous day, according to maritime intelligence company Windward.

Before the war, an average of 120 vessels transited the waterway each day, according to Windward.

Belarusian President Alexander Lukashenko gifted North Korean leader Kim Jong Un a gun after the two countries signed a friendship treaty during the Belarusian’s first official state visit.

Brent crude tops $104 a barrel as hopes fade for deescalation in US-Israel war on Iran.

Oil prices have climbed higher amid fading hopes of deescalation in the Iran war following Tehran’s denial that talks with the United States are under way.

Futures for Brent crude, the international benchmark, rose nearly 2 percent on Thursday to top $104 per barrel after Tehran dismissed reports of direct negotiations with US President Donald Trump’s administration.

The rise comes after oil prices eased on Wednesday following reports that Trump had shared a 15-point plan for ending the war with Iran.

Asian stock markets opened lower on Thursday, with Japan’s Nikkei 225, South Korea’s KOSPI and Hong Kong’s Hang Seng Index all seeing losses.

Iranian Foreign Minister Abbas Araghchi said in an interview with state media aired on Wednesday that Tehran was not engaged in direct talks with Washington and has “no intention of negotiating for now”.

White House Press Secretary Karoline Leavitt warned on Wednesday that Iran would be “hit harder” than ever before if Tehran did not accept military defeat.

Iran’s effective closure of the Strait of Hormuz, a conduit for one-fifth of global oil supplies, and its attacks on energy facilities across the Middle East have prompted a surge in energy prices worldwide.

Oil prices are up more than 40 percent compared with before the US and Israel launched strikes on Iran on February 28, prompting numerous countries to implement fuel rationing and other energy conservation measures.

Market-watchers say prices are likely to rise further until shipping is free to traverse the strait, despite efforts by countries to bolster supply by tapping emergency stockpiles in coordination with the International Energy Agency.

While Tehran has repeatedly claimed that the strait is open to ships that are not aligned with its enemies, daily transits have all but collapsed since the start of the conflict.

Four vessels were tracked transiting the waterway via their automatic identification systems on Tuesday, down from an average of 120 daily transits before the conflict, according to maritime intelligence firm Windward.

Malaysia’s Prime Minister Anwar Ibrahim said any talks with Iran must aim to end the war, not serve as a “tactical advantage” or temporary pause. He reaffirmed Iran’s right to defend its sovereignty while urging restraint to avoid wider regional fallout. His comments come as the US warns Iran to accept defeat or face being “hit harder”.

Home Affairs Department said decision to ban Iranian visitors amid the war on Iran was in Australia’s ‘national interest’.

Australia has temporarily banned visitors from Iran, claiming that the United States-Israeli war on the country has increased the risk that Iranian passport holders could refuse or be unable to fly home once their short-term visitor visas expire.

Australia’s Department of Home Affairs said on Wednesday that the restrictions on Iranian visitors would be for a period of six months, describing the move as in the “national interest amid rapidly changing global conditions”.

“The conflict in Iran has increased the risk that some temporary visa holders may be unable or unlikely to depart Australia when their visas expire,” the Home Affairs Department said in a statement.

“This measure gives the Government time to assess the situation properly, while still allowing flexibility in limited cases,” it said.

The ban applies to Iranian citizens who are currently outside Australia – even if they have an Australian visitor visa for tourism or work.

Exceptions to the ban include Iranian citizens already in Australia, those currently in transit to Australia, spouses, de facto partners, or dependent children of Australian citizens, and those with permanent visas.

Exemptions will also be considered on a case-by-case basis, such as for the parents of Australian citizens, the department said.

Home Affairs Minister Tony Burke said decisions on who can remain permanently in Australia should be made by the government and should not be the “random consequence of who booked a holiday”.

“There are many visitor visas which were issued before the conflict in Iran that may not have been issued if they were applied for now,” he said.

Burke added that the government is monitoring developments and “will adjust settings as required to ensure Australia’s migration system remains orderly, fair and sustainable”.

The Sydney-based Asylum Seekers Centre said in a post on social media that the ban on Iranian visitors was the result of a “shameful new law” rushed through Australia’s parliament that “threatens the very foundations of Australia’s onshore protection programme” for those seeking safety.

“For years, politicians have been stressing the importance of seeking safety through so-called legal routes,” the group said.

“Now, in the face of an international humanitarian crisis, the government is slamming the door shut and blocking a key pathway for people seeking safety today and in the future,” it said.

Earlier this month, US President Donald Trump called on Australian Prime Minister Anthony Albanese to give the Iranian women’s football team asylum in Australia amid fears that players may face repercussions at home for failing to sing their national anthem before a Women’s Asian Cup 2026 match in Queensland.

Albanese later told reporters that five team members had sought assistance and “were safely located” by Australian authorities.

In total, seven players and officials were granted asylum in Australia, though five team members later reversed their decision to stay in Australia and chose to return home.

The Iranian team had arrived in Australia to participate in the football tournament before the US and Israel launched their attack on Iran on February 28.

According to Australian government figures up to 2024, more than 90,000 Australian residents were born in Iran, and large diaspora communities are present in major cities such as Sydney and Melbourne.

In a sharp escalation in the Middle East conflict, energy production itself is now in the firing line.

Iran targeted facilities across the Gulf – including the world’s largest liquefied natural gas hub in Qatar.

It was retaliation for an Israeli strike on an Iranian gasfield hours earlier.

Energy prices are soaring, and countries from Asia to Europe are scrambling for alternative supplies.

But, for Asia – the world’s largest LNG buyer – this is a severe energy shock.

The region depends on Gulf supplies to keep its lights on, its factories running, and its people fed.

As the United States-Israeli war with Iran sends tremors through the global economy, the poorest members of the Global South are the most exposed to the fallout.

In Asia, Africa and the Middle East, developing economies are bearing the brunt of surging energy costs prompted by the closure of the Strait of Hormuz and attacks on oil and gas facilities across the Gulf.

From Pakistan to Bangladesh and Sri Lanka, through to Jordan, Egypt and Ethiopia, policymakers are facing the double whammy of being both heavily dependent on imported energy and having limited financial firepower to absorb the shock of spiking prices.

In Pakistan, which imports about 80 percent of its energy from the Gulf and has lurched between economic crises for years, authorities have scrambled to roll out measures to conserve fuel.

Facing the depletion of the country’s petrol and diesel reserves within weeks, officials have closed schools, introduced a four-day working week for government offices, ordered half of the country’s public sector employees to work from home, and slashed fuel allowances for official business.

Pakistani Prime Minister Shehbaz Sharif said last week that he had decided against a proposed hike in petrol and diesel prices before the Eid Al-Fitr celebration, saying the government would “bear the burden” of rising costs.

Sharif’s announcement came after the government had earlier this month approved a 55 rupee ($0.20) rise in the price of a litre (0.26 gallons) of petrol or diesel.

While government subsidies have helped cushion the blow for the public, there are fears that petroleum prices will surge and bring economic activity to a halt if the war drags on, said S Akbar Zaidi, the executive director of the Institute of Business Administration in Karachi.

“The overall shock is quite severe, although it has not been fully passed on to consumers and to industry,” Zaidi said.

“I expect the next few weeks to make things far worse once the disruption and price factors pass through.”

In Bangladesh, which imports about 95 percent of its oil and is expected to run through its fuel reserves within days, petrol pumps in some districts have run dry despite the introduction of fuel rationing.

Sri Lanka, which imports about 60 percent of its energy needs and is still reeling from an economic meltdown that began in 2019, has declared every Wednesday a public holiday and introduced a mandatory fuel pass for vehicle owners to conserve petrol and diesel, stockpiles of which are projected to run dry within weeks.

In Egypt, one of the biggest energy importers and among the most indebted economies in the Middle East, the government has ordered malls, shops and cafes to close by 9pm on weekdays and 10pm during weekends, and cut back on public lighting.

Facing growing pressure on public finances due to the government’s heavy subsidisation of fuel prices, Egyptian officials on March 10 announced price hikes of between 15 and 22 percent for petrol, diesel and cooking gas.

While acknowledging the burden on the public, Egyptian President Abdel Fattah el-Sisi said the move was necessary to avoid “harsher and more dangerous outcomes”.

“For a majority of developing economies, especially those already grappling with debt and high import dependence, they are facing a potent mix of inflation, currency pressures and fiscal strains,” said Yeah Kim Leng, a professor of economics at the Jeffrey Cheah Institute on Southeast Asia at Sunway University in Kuala Lumpur, Malaysia.

“The hardest hit are net energy and food importers, especially those with fragile macroeconomic foundations and pre-existing vulnerabilities that typified countries with low per capita income and high poverty rates,” Yeah added.

Pakistan, Bangladesh, Sri Lanka, Jordan, Senegal, Egypt, Angola, Ethiopia and Zambia are among the most at risk, according to a recent analysis by the Washington-based Centre for Global Development, which looked at factors including dependence on fuel imports, public debt levels and foreign exchange reserve/import ratios.

Currency depreciation

The weakening of many developing countries’ currencies against the US dollar – the result of investors buying the greenback amid heightened geopolitical uncertainty – has compounded the situation by further driving up costs.

“Countries such as Indonesia and the Philippines have already seen their currencies at near record lows even before the start of the conflict, making imports, including oil, much more expensive,” said Azizul Amiludin, a non-resident senior fellow at the Malaysia Institute of Economic Research in Kuala Lumpur.

Much as the fallout of the war poses particular challenges for governments in developing countries, the effect on citizens is disproportionate, too.

In less advanced economies, citizens spend much more of their pay cheques on fuel and food, leaving them more exposed to rising living costs.

At the same time, governments in developing countries have less capacity to provide a safety net for those at risk of falling through the cracks.

“In vulnerable economies, governments often attempt to shield their populations from price hikes by subsidising fuel and food,” said Yeah, the Jeffrey Cheah Institute professor.

“However, with depleted fiscal buffers and shrinking revenues, this becomes unsustainable. The ensuing austerity, combined with hyperinflation, can trigger widespread social unrest and a full-blown fiscal crisis.”

With the US and Israel barely a month into their war and no clear timetable for its end in sight, many analysts expect things to get worse before they get better.

Khalid Waleed, a research fellow at the Sustainable Development Policy Institute in Islamabad, said rising transport costs would soon be felt at supermarket checkouts.

“Diesel is the backbone of Pakistan’s freight and agricultural economy,” Waleed said.

“Trucking costs have started climbing, and that will feed into everything from flour to fertiliser in the weeks ahead.”

Once Pakistan’s wheat harvest gets under way in April, food prices could spike well beyond their current levels, Waleed said.

“Combine harvesters, threshers, tractors for haulage from field to market, and the trucks that move grain from fields to flour mills and storage facilities all run on high-speed diesel,” he said.

“For a country where wheat flour is the single largest item in the food basket of the bottom two income quintiles, this is not a marginal concern,” Waleed added.

“If diesel prices stay elevated through April and May, Pakistan will harvest its wheat at the most expensive input cost in years, and that cost will transmit directly into food inflation at a time when households have almost no capacity left to absorb further price shocks.”

Iran’s paralysis of the Strait of Hormuz has led to major disruption in global oil and gas supply and many countries have begun tapping into their strategic oil reserves to evade an economic crisis.

Since the US-Israeli war on Iran began on February 28, Tehran, whose territorial waters extend into the Strait, has blocked the passage of vessels carrying 20 percent of the world’s oil and liquified natural gas (LNG) from the Gulf to the rest of the world. The strait is the only waterway to open ocean available for Gulf oil and gas producers.

Last week, the price of Brent crude topped $100 a barrel compared to the pre-war price of around $65.

The United States Trump administration has tried and failed to re-open the strait. First, it called on Western nations to send warships to help escort shipping through the strait – an option all have declined or failed to respond to. Then, on Sunday, Trump gave Iran 48 hours to reopen the strait or face US attacks on its power plants.

However, on Sunday, Iran said it would hit back at power plants in Israel and those in the region supplying electricity to US military assets. And, on Monday, Iran said it would completely shut the Strait of Hormuz if US attacks on its energy infrastructure continue.

Following Iranian attacks on energy infrastructure across the Gulf over the past three weeks, countries including Saudi Arabia, UAE, Iraq and Kuwait have also cut their oil output, raising further concerns about global oil and gas supply.

On Monday, Trump appeared to backtrack on his Hormuz ultimatum when he ordered all US strikes on power plants in Iran to be paused for five days and claimed the US was holding talks with Iran. Iran has denied this.

In the face of chaos, on March 11, the 32 member countries of the International Energy Agency (IEA) agreed to release 400 million barrels of oil from their strategic emergency reserves – the largest stock draw in the agency’s history. It is far higher than the 2022 release of 182 million barrels of oil by the group’s members after Russia invaded Ukraine.

What are strategic oil reserves and which countries hold them?

What is a strategic oil reserve?

A strategic oil reserve or strategic petroleum reserve (SPR) is an emergency stockpile of crude oil which is held by the government of a country in government facilities.

This oil reserve can be drawn on in cases of emergencies like wars and economic crises. Governments generally buy the oil through agreements with private companies in order to keep their reserves filled.

According to the IEA, its members currently hold more than 1.2 billion barrels of these public emergency oil stocks with a further 600 million barrels of industry stocks held by private organisations but under government mandate to be available to supplement public needs.

Other reserves are also held by non IEA members like China.

Which countries have strategic oil reserves? Can they withstand the war in Iran?

China

Beijing is not an IEA member, but holds the world’s largest strategic oil reserve.

According to China’s Ministry of Ecology and Environment, Beijing “started a state strategic oil reserve base programme in 2004 as a way to offset oil supply risks and reduce the impact of fluctuating energy prices worldwide on China’s domestic market for refined oil”.

“The bases are designed to maintain strategic oil reserves of an equivalent to 30 days of imports, or about 10 million tonnes,” according to a 2007 report from Chinese state news agency Xinhua.

These strategic oil reserves are primarily located along China’s eastern and southern coastal regions such as Shandong, Zhejiang and Hainan.

China does not officially publish information about its crude inventories so it is not clear how much oil the country has in reserve. However, according to energy analytics firm Vortexa, in 2025, “China’s onshore crude inventories (excluding underground storage) continued to rise… reaching a record 1.13 billion barrels by year-end”.

According to data from Kpler, China bought more than 80 percent of Iran’s shipped oil in 2025. As the war in Iran escalates, therefore, Chinese companies such as refiner Sinopec have begun pushing for permission to use oil from the country’s reserves according to a Reuters report on Monday.

“We basically won’t buy Iranian oil, this is pretty clear,” Sinopec President Zhao Dong told a company results briefing in March, according to Reuters.

“We believe the government is closely monitoring crude oil and refined fuel inventories and market situations, and will advance policies at the appropriate ⁠time to support refinery productions,” he added.

US

Of the IEA members, the US holds one of the largest strategic oil reserves with 415 million barrels of oil. The stores are maintained by the US Department of Energy. It has confirmed that it will release 172 million barrels of oil from its SPR over this year as its contribution to coordinated efforts with the IEA.

On Friday, the Trump’s administration announced that it has already lent 45.2 million barrels of crude from the SPR to oil companies.

The US created its SPR in 1975 after an Arab oil embargo triggered a spike in gasoline prices which badly affected the US economy.

The reserves are located near big US refining or petrochemical centres, and as much as 4.4 million barrels of oil can be shipped globally per day.

The SPR currently covers roughly 200 days of net crude imports, according to a Reuters news agency calculation.

US presidents have tapped into the stockpile to calm oil markets during war or when hurricanes have hit oil infrastructure along the US Gulf of Mexico.

In March 2024, US President Joe Biden announced oil would be released from the reserve to ease pressure from oil price spikes following Russia’s invasion of Ukraine in February 2022 and amid subsequent sanctions imposed on Russian oil by the US and its allies.

Japan

An IEA member, Japan also has one of the world’s largest strategic oil reserves.

According to Japanese media Nikkei Asia, at the end of 2025, the country held about 470 million barrels of in emergency reserves which is enough to meet 254 days of domestic consumption. Out of this amount, 146 days worth of oil are government-owned, 101 days are owned by the private sector, and the remainder is jointly stored by oil-producing countries.

Japan set up its national oil reserve system in 1978 to prevent future economic disruptions following the global oil crisis in 1973. That oil crisis heightened Japan’s vulnerability and dependence on oil from abroad. The country remains one of the world’s largest oil importers, relying on fossil fuels from overseas for about 80 percent of its energy needs.

Japan’s reserves are primarily located in 10 coastal national stockholding bases with major storage sites in the Shibushi base in Kagoshima in southern Japan.

On March 16, Japan announced that it had begun releasing oil from its emergency reserves amid the global energy crisis sparked by the effective closure of the Strait of Hormuz.

Japanese Prime Minister Sanae Takaichi told journalists the country would unilaterally release 80 million barrels of oil from stockpiles amid supply concerns.

UK

As of February 26, according to the UK Department of Energy Security and Net Zero, the UK holds about 38 million ⁠barrels of crude oil and 30 million barrels of refined products, as strategic reserves. The reserves are thought to be able to last around 90 days.

The country established its reserves in 1974 following the oil crisis of the 1970s and also to meet its IEA obligations. Members of the organisation are required to maintain at least 90 days of net imports in reserve.

The UK’s strategic reserves are largely held by private oil companies, but are regulated by the government. Milford Haven in South Wales and Humber in northeast England are key locations of reserves.

The country is among the 32 IEA nations releasing oil from its reserve to address the oil crisis amid the war in Iran. The UK government will be contributing 13.5 million barrels as a part of the release.

EU

EU member nations including Germany, France, Spain and Italy, all IEA members, also hold strategic oil reserves.

Germany has 110 million barrels of crude oil and 67 million barrels of finished petroleum products which are held by the government and can be released in a matter of days, according to Germany’s economy ministry.

France reported about 120 million barrels’ worth of crude and finished products in reserve at the end of 2024, the most recent data publicly available. About 97 million barrels of that is held by SAGESS, a government-mandated entity, with ‌a breakdown ⁠of about 30 percent crude oil, 50 percent gasoil, 9 percent gasoline, 7.8 percent jet fuel and some heating oil. Another 39 million barrels are held by the country’s oil operators.

On March 16, Spain approved the release of around 11.5 million barrels of oil reserves over 90 days to counter ⁠supply shortages caused by the effective closure of the Strait of Hormuz, Energy Minister Sara Aagesen told reporters. This is the country’s contribution to the IEA release. The country has around 150 million barrels of crude oil reserves in total.

Italy, by law, was holding about 76 million barrels of reserves, representing 90 days of Italy’s average net oil imports, in 2024.

Key indexes in Japan, South Korea and Hong Kong tumble as Iran threatens attacks on energy infrastructure across region.

Stock markets in the Asia Pacific have fallen sharply amid US President Donald Trump’s ultimatum warning Iran to reopen the Strait of Hormuz or face the annihilation of its energy infrastructure.

Japan’s benchmark Nikkei 225 and South Korea’s KOSPI plunged 4 percent and 4.5 percent, respectively, in early trading on Monday.

In Hong Kong, the Hang Seng Index tumbled about 2 percent.

Australia’s ASX 200 dropped about 1.6 percent, while the NZX 50 in New Zealand dipped about 1.3 percent.

Futures on Wall Street, which are traded outside of regular market hours, saw moderate losses, with those tied to the S&P500 and the Nasdaq Composite down about 0.5 percent.

Oil prices remained volatile amid fears of further disruption to global energy supplies.

Futures for Brent crude, the international benchmark, rose more than 1.5 percent to top $114 a barrel, before easing to about $112 as of 02:00 GMT.

Trump on Saturday threatened to “obliterate” Iran’s power plants within 48 hours if Tehran does not end its effective blockade of the strait, through which about one-fifth of global oil and natural gas exports usually transit.

Tehran has pledged to completely close the waterway, which is still being transited by a small number of Chinese, Indian and Pakistani-flagged vessels, and launch retaliatory attacks on energy and water infrastructure across the region if Trump follows through on his threat.

Based on the timing of Trump’s warning on Truth Social, the deadline for his ultimatum is set to expire at 23:44 GMT on Monday.

Trump’s threat has added to fears of a cascading global energy crisis as the US and Israel’s war on Iran approaches the one-month mark with no clear end in sight.

Oil prices have surged more than 50 percent since the start of the war, which began with US-Israeli strikes on February 28.

Analysts have warned that energy prices are likely to rise significantly further if the strait remains effectively closed, with some observers predicting oil to hit $150 or even $200 a barrel.

Trump on Sunday held a phone call with UK Prime Minister Keir Starmer to discuss the situation in the Middle East, including the effective closure of the strait.

The two leaders agreed that unblocking the strait is “essential to ensure stability in the global energy market”, Starmer’s office said in a statement.

Trump has provided conflicting messages about the goals of the war and how long it might last.

Hours before issuing his ultimatum on Saturday, Trump said that his administration was “very close to meeting our objectives as we consider winding down” military operations against Iran.

Israeli military spokesperson Lieutenant Colonel Nadav Shoshani last week told reporters that officials had detailed plans for at least three more weeks of war.

US president’s reference to Japan’s 1941 attack on naval base in Hawaii has shaken the Japanese public as PM Takaichi’s silence gets mixed reaction.

There has been embarrassment, confusion, and unease in Japan after US President Donald Trump used the Pearl Harbor attack during World War II to justify his secrecy before launching the war on Iran.

Trump was asked by a reporter why he did not tell allies in Europe and Asia in advance of the US-Israel attack on Iran during a news conference with Japanese Prime Minister Sanae Takaichi at the White House on Friday.

Trump cited Pearl Harbor to defend his decision saying, “Who knows better about surprise than Japan? Why didn’t you tell me about Pearl Harbor, OK?”

Following the remarks, social media reaction has ranged from accusations of ignorance and rudeness by the US president to claims that he does not see Japan as an equal partner. There were calls for Japan to protest Trump’s comments.

Tsuneo Watanabe, a senior fellow at the Sasakawa Peace Foundation, said in an opinion piece in the Nikkei newspaper on Saturday that the remarks signalled Trump is “not bound by existing American common sense”.

“I get the impression that the comment was intended to bring the Japanese reporter [who asked the question] or Ms Takaichi into complicity in order to justify his ‘sneak attack’ on Iran during diplomatic negotiations and without telling allied countries,” Watanabe wrote.

There is also a feeling that an unspoken understanding exists between United States and Japanese leaders to tread carefully on the subject.

Both sides need each other, with Washington relying on Japan to host 50,000 troops and an array of powerful hi-tech weapons, and Japan relying on the US nuclear umbrella to deter hostile, nuclear-armed neighbours.

Japan’s post-World War II constitution bans the use of force except for its self-defence, but Takaichi and other officials are now seeking to expand the military’s role.

Mixed reaction to Takaichi’s response

Takaichi, a hardline conservative, was praised by some for not reacting to Trump’s comments, letting them pass with a roll of her eyes and a glance at her ministers seated nearby.

The goal of her summit was to deepen ties with her most important ally, and she arrived shortly after Trump suggested Japan was among the nations that did not quickly join his call to help protect the Strait of Hormuz.

Some, however, criticised Takaichi for not speaking up.

Hitoshi Tanaka, a former diplomat and a special adviser at the Japan Research Institute think tank, wrote on X that he felt embarrassed to see Takaichi flattering Trump.

“As national leaders, they are equals … To make an equal relationship is not to flatter,” he said. “Just doing what pleases Trump and calling it a success if you are not hurt is too sad.”

Initially, social media placed some of the blame on the Japanese reporter who asked the question that prompted Trump’s Pearl Harbor comment.

The reporter, Morio Chijiiwa with TV Asahi, later said on a talk show he asked the question to represent the feelings of Japanese who are not happy about Trump’s one-sided attack on Iran, and because other countries, including Japan, are now being asked to help out after the US and Israel started the war.

“So that’s why I asked the question. I was meaning to say, ‘Why didn’t you tell us, why are you troubling us?’” he said.

“Then President Trump hit back with the Pearl Harbor attack … I found it extremely awkward for him to change the subject.”

Japan edges tournament hosts Australia 1-0 in ⁠the Women’s ⁠Asian Cup final to claim third title in four editions.

Maika Hamano scored the only goal as a formidable Japan battled past Australia to clinch a third Women’s Asian Cup title in front of a record-breaking 74,357 fans in Sydney.

The Tottenham star hit a stunning long-range strike in the 17th minute at Stadium Australia to break Australian hearts and add to their continental crowns from 2014 and 2018.

Those finals were also against Australia and ended 1-0.

The edge-of-the-seat decider culminated a landmark tournament with more than 350,000 fans through the turnstiles, reinforcing the growth in popularity of the women’s game.

This was about six times as many as the previous tournament record set in 2010 in China, with the final setting a new attendance record for a single game in tournament history.

The Asian Cup doubled as qualifying for the World Cup in Brazil next year, with Australia, Japan, South Korea, China, North Korea and the Philippines all punching their tickets.

The Japanese team, stacked with English-based players, was invincible in their run to the final, fluid across the park, and defending well, steamrolling everyone in front of them.

While Australia proved a much tougher test, nothing could stop them as they accumulated 29 goals and conceded just one through their six tournament games to reinforce their status as Asia’s number one team.

Japan named an unchanged lineup from their 4-1 semifinal thumping of South Korea.

Australia made one change to the team that beat defending champions China 2-1 in the last four with Wini Heatley preferred in central defence to Clare Hunt.

The hosts were composed at the start, looking to dictate the game, and Caitlin Foord should have scored on 11 minutes when Mary Fowler threaded a pass through inside the box.

But the unmarked Arsenal striker sent her shot straight into the arms of Japan keeper Ayaka Yamashita to miss a golden opportunity.

It proved costly with Japan breaking the deadlock six minutes later when Tottenham midfielder Hamano collected the ball outside the penalty area and unleashed a 25-yard rocket that found the top corner.

Foord had another chance when she pounced on a sloppy clearance from Yamashita, but failed to find the target from a tight angle, then scuffed another wide just before the break.

Japan were always a threat, and West Ham’s Riko Ueki went close twice in as many minutes soon after the restart.

With the game on a knife-edge, Australia threw everything they had at Japan in a desperate attempt to find an equaliser as the crowd noise reached fever pitch.

Alanna Kennedy almost pulled off a late equaliser in the 88th minute, but despite intense pressure, Japan were rock solid and absorbed the threat to cling on for the win.

Japan sources more than 90 percent of its crude oil imports from the Middle East and is heavily dependent on exports transiting the key waterway.

Iran says Japanese ships will be allowed to transit the Strait of Hormuz, in the latest sign that Tehran has started pursuing a selective blockade of the strategic waterway.

“We have not closed the strait. In our opinion, the strait is open. It is closed only to ships belonging to our enemies, countries that attack us. For other countries, ships can pass through the strait ,” Iranian Foreign Minister Abbas Araghchi told Japan’s Kyodo News late on Friday.

“We are talking to them to find a way to pass safely. We are ready to provide them with safe passage. All they need to do is contact us to discuss how this route will be,” Araghchi said, according to an English transcript of the interview shared on his Telegram account.

Japan sources more than 90 percent of its crude oil imports from the Middle East and is heavily dependent on exports transiting the strait, but the waterway has been de facto closed since the United States and Israel attacked Iran on February 28.

Iran’s Islamic Revolutionary Guard Corps (IRGC) warned in the early days of the war that its forces would set “ablaze” any ships trying to transit the waterway, bringing marine traffic to a near standstill.

Over the past week, however, Iran has toned down the rhetoric to say the strait is only closed to Tehran’s enemies.

Japan may soon join the small cohort of countries – mainly China, India, and Pakistan – whose vessels have been allowed to transit the waterway in recent days, with approval from Iranian authorities.

Lloyd’s List, a shipping and maritime information service, separately reported that 10 ships have transited the strait by sailing close to Iran’s coastline – a route that is emerging as a “safe corridor” for shipping.

The latest ship, a Greek bulk carrier, transited on Friday by passing close to Iran’s Larak island , Lloyd’s said, while broadcasting the message “Cargo Food for Iran”.

While ships have been transiting on a case-by-case basis, Lloyd’s List reported that the IRGC is developing a more coordinated vetting and registration system.

As the war on Iran hits three weeks, a handful of countries – among them US allies – have already started lobbying Tehran to reopen the strait or allow their ships safe passage.

Japan, France, Germany, Italy, the Netherlands, and the United Kingdom earlier this week issued a joint statement expressing their “readiness to contribute to appropriate efforts to ensure safe passage through the Strait”.

Iraq, Malaysia, China, India and Pakistan have all reportedly held direct talks with Tehran to discuss the matter, according to Lloyd’s.

Araghchi’s remarks to Kyodo follow a call with Japanese Foreign Minister Toshimitsu Motegi on Tuesday, during which Tokyo expressed concern about the large number of Japanese vessels currently stranded in the Gulf, according to a Japanese readout of the call.

Follow our live build-up, with team news, before our text commentary stream of the Women’s Asian Cup final.

Chuck Norris, a former martial arts champion and 1980s action-film hero, has died at the age of 86, according to his family.

In a statement posted to Instagram on Friday, his family described Norris’s death as sudden.

“It is with heavy hearts that our family shares the sudden passing of our beloved Chuck Norris yesterday morning,” the Norris family wrote.

“While we would like to keep the circumstances private, please know that he was surrounded by his family and was at peace.”

According to the publication Variety, Norris had been hospitalised in Hawaii since Thursday, though details were not disclosed.

Norris was the six-time undefeated World Professional Middleweight Karate Champion from 1968 to 1974. But he rose to wider fame in a series of action films, including 1985’s Code of Silence, 1984’s Missing in Action and 1986’s The Delta Force.

He further cemented his status as a household name when he starred from 1993 to 2001 in the popular TV series Walker, Texas Ranger, playing a principled lawman.

Norris’s tough-guy image made him an internet meme in his later years, though he received pushback for his far-right political views and embrace of conspiracy theories.

His family expressed gratitude to fans for their prayers during his hospitalisation.

“He lived his life with faith, purpose, and an unwavering commitment to the people he loved,” the post read. “Through his work, discipline, and kindness, he inspired millions around the world and left a lasting impact on so many lives.”

‘The ultimate tough guy’

Norris starred in more than two dozen films, often portraying stoic loners, soldiers, lawmen and all-American heroes who captured criminals and rescued hostages.

He made his film debut in 1973’s The Way of the Dragon, where he famously faced martial arts icon Bruce Lee in Rome’s Colosseum.

In 1985, Time magazine dubbed him “the ultimate tough guy” and “the undisputed superstar” of the B-movie action genre.

On screen, Norris was known for his signature roundhouse kicks, shrugging off gunfire and dispatching opponents with ease. His tough-guy persona made him a box-office draw and a television staple.

Decades later, he joined fellow action stars Sylvester Stallone, Arnold Schwarzenegger and Bruce Willis in 2012’s The Expendables 2, helping defeat a villain played by Belgian fighter Jean-Claude Van Damme.

He also became an unlikely internet phenomenon. In 2005, “Chuck Norris Facts”, a series of satirical jokes about his strength and masculinity, went viral and inspired several books.

The “Facts” included jokes like “Chuck Norris has a mug of nails instead of coffee in the morning” and “Chuck Norris doesn’t do push-ups; he pushes the Earth down.”

‘Texas has lost a legend’

Carlos Ray Norris was born on March 10, 1940, in Ryan, Oklahoma, the oldest of three brothers. The family moved to California after his parents divorced.

He described himself as extremely quiet and introverted as a young man, which he attributed to his father’s alcoholism and the family’s poverty.

“In school I was shy and inhibited,” Norris wrote in his 2004 memoir, Against All Odds: My Story. “If the teacher asked me to recite something aloud in front ‌of the ⁠class, I would just shake my head no.”

According to Norris, he was also not a natural athlete growing up, and he credited his martial arts career to intense training.

After graduating from school, he enlisted in the US Air Force in 1958. While stationed in South Korea, he learned Tang Soo Do, a form of karate, and other martial arts.

The future film star started teaching martial arts in California after his discharge. Actor Steve McQueen, who was one of Norris’s students, eventually encouraged him to try acting.

Tributes poured in following news of his death, including from political figures who shared Norris’s far-right leanings.

“Texas ‌has lost a legend,” Texas Governor Greg Abbott wrote on X, referencing Norris’s work on Walker, Texas Ranger.

“He electrified generations of conservatives. Giving them a passion and voice to fight for the principles that make America the greatest nation on earth.”

Israel’s Prime Minister Benjamin Netanyahu also paid tribute, calling Norris “a great friend of Israel and a close personal friend”.

High-profile stars and artists also mourned Norris’s passing, including several of Norris’s colleagues.

Stallone, for instance, wrote in a statement, “I had a great time working with Chuck. He was All American in every way. Great man and my condolences to his wonderful family.”

Author Stephen King, meanwhile, shared a memory of being thrilled — and scared — by Norris’s performance in the action-horror film Silent Rage.

“I thought he was great,” King said.

Russian oil is emerging as a key beneficiary of the US-Israeli war on Iran, as countries scramble to charter tankers following United States President Donald Trump’s decision to temporarily ease sanctions, analysts say.

Following a phone call with Russian President Vladimir Putin on March 10, Trump said the US would waive Russian oil-related sanctions on “some countries” to ease the shortage caused by Iran’s closure of the Strait of Hormuz, which in peacetime carries 20 percent of the world’s oil and gas from producers in the Gulf.

This week, it was reported that a number of tankers carrying Russian oil bound for China had changed course and were heading for India instead.

According to figures from the Centre for Research on Energy and Clean Air (CREA), Russia earned an additional 672 million euros ($777m) in oil sales in the first two weeks of the war on Iran, which began on February 28 when Israel and the US launched strikes on Tehran, killing Ayatollah Ali Khamenei and other senior Iranian officials.

Iran has since struck back, launching thousands of missiles and drones towards Israel as well as US military assets and infrastructure in neighbouring Gulf countries. The war stepped up a level this week, when Israel bombed Iran’s critical South Pars gasfield, and Iran hit back with strikes on Gulf energy assets, including Qatar’s Ras Laffan Liquefied Natural Gas (LNG) facility – the world’s largest.

This week, the average price of Urals oil – the Russian benchmark – was significantly higher than the pre-war price of less than $60, at around $90 per barrel.

Here’s more about who is buying Russian oil and which other nations might benefit from the oil crisis.

Why is Russian oil benefitting from the Iran war?

Iran’s effective closure of the Hormuz Strait, which is the only sea route from the Gulf to the open ocean, has “walled in” 20 million barrels of Gulf oil per day, George Voloshin, an independent energy analyst based in Paris, told Al Jazeera.

This has prompted the US to, at least temporarily, ease sanctions on shipped Russian oil to slow the ensuing energy crisis and potential global price collapse. The price of Brent crude, the international benchmark, has risen to above $100 a barrel since the closure of the strait, compared with about $65 before the war began.

Many analysts say a price of $200 is no longer “far-fetched”.

“Russia has emerged as a primary beneficiary of the Middle East conflict due to the massive supply vacuum created by the closure of the Strait of Hormuz,” Voloshin said. “Global refiners are desperate for alternative medium-sour crudes, a need that Russia’s Urals grade specifically meets.”

He added that the US decision to grant a temporary reprieve for shipped Russian oil “has provided Moscow with a critical window to maximise export volumes and oil revenues, essentially allowing Russian crude to act as the world’s primary swing supply during the Iranian blockade”.

How has the price of Russian oil been affected so far?

The price of Russian Urals has surged significantly, experts say. As a result of US sanctions, the oil had been trading at below $60 a barrel for some time. However, while “Urals historically traded at a significant discount to Brent due to Western sanctions”, Voloshin said, “that gap has narrowed as demand outstrips supply”.

“Since the beginning of the year, the price of Russian oil is estimated to have risen by nearly 80 percent – most recently close to $90 per barrel – and consistently trading well above the G7 price cap of $60 as buyers prioritise energy security over regulatory compliance in a high-volatility environment,” he added.

Are ships changing course to deliver Russian oil to new buyers?

Earlier this week, Bloomberg reported that at least seven tankers carrying Russian oil had changed course mid-voyage from China to India, citing data from Vortexa, the data analytics group.

Then, Indian media quoted Rakesh Kumar Sinha, special secretary in the Ministry of Ports, Shipping and Waterways, confirming that the Aqua Titan, a Russian oil-laden tanker originally destined for China, is now expected to arrive at New Mangalore port on March 21 having been chartered by Mangalore Refinery and Petrochemicals Limited (MPCL).

India was the first country to receive a time-limited exemption from the US Treasury to import Russian oil that is already at sea, Voloshin said.

“There is clear evidence of a massive logistical redirection of Russian oil cargoes mid-voyage. Several tankers originally bound for Chinese ports have, indeed, switched trajectory to India. This shift is driven by India’s aggressive pursuit of discounted distressed cargoes to fill its strategic reserves and meet domestic demand, as well as the increased risk and insurance costs associated with long-haul shipments to East Asia via contested waters.”

Until recently, Trump had been strongly pressuring India to stop buying Russian oil, even slapping additional 25 percent trade tariffs on India last year in punishment for doing so. This was lifted earlier this year when Trump claimed he had received assurances from India’s Prime Minister Narendra Modi that India would start buying US oil, or even Venezuelan oil seized by the US, instead.

Which countries are buying Russian oil now?

Indian media has reported that India’s purchases of Russian crude have surged in the past three weeks, since the war on Iran began and the Strait of Hormuz was closed.

“The primary buyers of Russian oil continue to be India and China, who together now account for the vast majority of Russia’s seaborne exports,” Voloshin said.

Turkiye is also a significant buyer, he added, now using Russian crude to stabilise its domestic market amid the gas shortages caused by the Israeli strikes on Iran’s South Pars field.

“Additionally, a shadow fleet of ageing tankers continues to move Russian oil to smaller, less-regulated refineries across Southeast Asia and the Middle East, often through complex ship-to-ship transfers designed to obscure the origin of the crude,” he added.

He said this shadow fleet is becoming the primary delivery mechanism for oil in several contested regions, meaning more buyers could appear. “Additionally, the degree of cooperation between the US and its European allies remains a wild card. If the EU continues to refuse participation in military operations near Iran, the diplomatic and economic pressure on the US to maintain the Russian oil reprieve will likely increase.”

Will Russian oil remain in demand if the US re-imposes sanctions?

If there is nowhere else to readily source oil, countries may continue to seek Russian crude even if the US reimposes sanctions, Voloshin said. The International Energy Agency (IEA) says the closure of the Hormuz Strait has caused a shortage of 8 million barrels of oil per day.

If that persists, “major importers like India may feel they have no choice but to continue buying Russian oil to prevent domestic economic collapse”, Voloshin said.

If secondary sanctions on Russian oil are reintroduced, he added, buyers may demand much lower prices to compensate for the increased legal and financial risks of dealing with Moscow. “At the same time, in the presence of a continued severe market disruption, the US is very likely to roll over [extend] current exemptions,” Voloshin said.

Which other energy-producing nations could benefit?

Two other major non-OPEC energy producers that could benefit are Norway and Canada, experts say. However, this will largely depend on their capacity to increase production.

“Norway has already signalled its intent to maintain maximum gas and oil production to support European energy security, primarily selling to EU nations seeking to replace lost Iranian and Russian volumes,” Voloshin said. “Canada is exploring ways to increase its export capacity to the US Gulf Coast. However, like Russia, its ability to significantly ramp up production in the short term is constrained by pipeline throughput and infrastructure bottlenecks.”

Who: Japan vs Australia
What: AFC Women’s Asian Cup final
Where: Stadium Australia, Sydney
When: Saturday at 8pm (09:00 GMT)
How to follow: We’ll have all the build-up on Al Jazeera Sport from 06:30 GMT in advance of our live text commentary stream.

Two and a half years after their Women’s World Cup dream on home soil ended in heartbreak, Australia return to the same piece of turf in search of redemption.

The ghosts of the past may still linger, but Saturday’s final offers the Matildas’ golden generation something more: the chance to rewrite their story and lift a first major trophy in front of their own fans.

With eyes on a second continental title, Australia will face heavyweights and two-time champions Japan in a blockbuster Women’s Asian Cup final at Sydney’s Stadium Australia, the same venue on which the Matildas were stunned 3-1 by eventual runners-up England in the 2023 World Cup semifinals.

While many consider Australia favourites to lift the trophy this weekend, history tells a different story. The Matildas have lost both previous continental finals against Japan, leaving the hosts hoping the third time will be the charm.

Al Jazeera Sport takes a closer look at the final and what to expect from both teams:

How did Australia and Japan reach the final?

Both Australia and Japan have enjoyed an unbeaten route to the final, with the Aussies finishing second in Group A and Japan topping Group C.

Australia, 15th in the FIFA world rankings, opened their campaign with a 1-0 win over the Philippines before thrashing Iran 4-0, but had to fight for a 3-3 draw with South Korea in the final group game.

The knockouts saw Australia overcome North Korea 2-1 in the quarterfinals before they were tested brutally by record nine-time champions China in the semifinals, which they won 2-1.

In contrast, World No 6 Japan, the highest-ranked team in the tournament, were dominant from the get-go, beating Taiwan 2-0 to start their campaign. That was followed by an 11-0 rout of India and a 4-0 mauling of Vietnam, as the Nadeshiko sailed into the knockouts with a perfect record and a clean sheet.

In the quarterfinals, they swept past the Philippines 7-0 before downing South Korea 4-1 in the semifinals, reminding fans of why they are the most dangerous side in this tournament.

How many times have Australia and Japan faced each other?

Australia and Japan are familiar foes, having faced off 30 times. The defining clashes came in the 2014 and 2018 editions of the Women’s Asian Cup, when Japan beat Australia 1-0 both times in the final of those tournaments.

Saturday’s match is also the first time Australia have been in the final since losing the 2018 edition.

Australia and Japan last met a little over a year ago at the SheBelieves Cup in the United States. Japan beat the Aussies 4-0 en route to winning the title.

How many Asian Cups have Australia and Japan won?

Australia have won the Women’s Asian Cup once – their only major title – at the 2010 edition in China, where the Matildas defeated North Korea 5-4 on penalties. Current captain Sam Kerr, then 16 years old, scored the opening goal in that final.

Japan have won the Asian Cup twice, in 2014 and 2018, while they ended runners-up four times (1986, 1991, 1995, 2001).

Japan are also the only Asian team to have won the Women’s World Cup, beating the United States on penalties in the 2011 edition in Germany.

What’s the prize money for the winner?

Along with continental bragging rights, the champions will receive a cheque for $1.8m – the same prize money from 2022, which is lower than any other confederation’s equivalent tournament besides Oceania.

In comparison, the winner at the 2023 men’s Asian Cup took home a prize purse of $14.8 million.

Kerr shines for Australia, Ueki leads the way for Japan

Sidelined for two years by an ACL injury, Australia captain Kerr arrived at the 2026 tournament with questions surrounding her fitness and saddled with a ⁠heavy burden to restore pride in the Matildas.

Now with four goals in five matches, including a sublime winner in Tuesday’s semifinal, the 32-year-old striker has silenced all doubts and carried her team back ⁠into the national spotlight.

“I know I can be one of the best players in the world, and I am showing that at this tournament,” the Chelsea striker said of her recent form.

Along with Kerr, central midfielder Alanna Kennedy has been a goal-scoring machine for the ‘Tillies’, netting five goals in as many matches to sit second on the top-scorers list, while Caitlin Foord has been a key playmaker with three assists.

But the tournament’s spotlight has been captured by Japan’s Riko Ueki, whose six goals in four matches – including a stunning hat-trick off the bench against India – lead the charts.

The striker, often a vital presence in Japan’s front three, poses a headache to the opposition, alongside winger Kiko Seike, who has four goals in four games.

Japan coach says Matildas are ‘massive favourites’

Japan coach Nils Nielsen insists Australia will be “massive favourites” in the final, but his team’s near-flawless progress to the title match suggests otherwise.

Japan’s attacking force has scored a whopping 28 goals in five games, while their solid backline has conceded just one, against South Korea in the semifinals.

The Nadeshiko will have a partisan crowd at the 83,500-capacity Stadium Australia to deal with, and Greenlander Nielsen put the pressure on the Kerr-led Australia by calling the frontrunners.

“The Matildas really have an amazing team; they have adapted to whatever is coming their way,” Nielsen said. “They have a great coach … He hasn’t been here long, and he’s already made so many nice transforms.

“When they play in front of a crowd like this, Australia are big favourites, massive favourites for the final.”

Meanwhile, Australia’s head coach Joe Montemurro believes his side can do better than what they showcased against China in the gruelling semifinal.

“We’re going to have to be better,” he told Australia’s Network 10. “There’s a resilience that we have in our psyche. We need to be better with the ball; we need to be smarter and control tempo.”

Kerr dreams of second Asian Cup triumph

Considered one of Australia’s greatest athletes, Kerr is the only player from the current squad who was also part of the 2010 Asian Cup-winning squad.

But she has never lifted any silverware with the current crop of players, many of whom have been alongside her in the team for more than a decade.

“It would honestly mean everything,” Kerr said of winning the title with them. “We’ve talked about it for ages. This is a dream of ours, and these girls are like family to me.”

Predicted Australia starting lineup

Matildas head coach Montemurro could pick defender Winonah Heatley ahead of Clare Hunt.

Mackenzie Arnold (goalkeeper); Ellie Carpenter, Winonah Heatley, Steph Catley, Kaitlyn Torpey; Kyra Cooney-Cross, Alanna Kennedy, Katrina Gorry; Mary Fowler, Sam Kerr, Caitlin Foord

Predicted Japan starting lineup

Japan head coach Nielsen could stick to the same lineup from the last game.

Ayaka Yamashita (goalkeeper); Hana Takahashi, Toko Koga, Saki Kumagai, Hikaru Kitagawa; Fuka Nagano, Hinata Miyazawa, Yui Hasegawa; Maika Hamano, Riko Ueki, Aoba Fujino

Several European nations and Japan have issued a joint statement saying they would take steps to stabilise energy markets, a day after several strikes on energy facilities in the Gulf region sent oil and gas prices soaring amid the United States-Israel war on Iran.

The leaders of Britain, France, Germany, Italy, the Netherlands and Japan issued a joint statement on Thursday expressing their “readiness to contribute to appropriate efforts to ensure safe passage through the [Hormuz] Strait.”

They did not specify what those efforts may entail but urged for “an immediate comprehensive moratorium on attacks on civilian infrastructure, including oil and gas installations”.

The International Energy Agency (IEA) last week authorised a coordinated release of its members’ strategic petroleum reserves, the largest in its history, in an attempt to counter rising global energy prices. “We will take other steps to stabilise energy markets, including working with certain producing nations ‌to increase output,” the statement said.

Markets have been hammered since the start of the war on February 28, with Tehran hitting sites across the Gulf and effectively closing the Strait of Hormuz, through which a fifth of global oil and gas flows.

European leaders have rejected demands by United States President Donald Trump ⁠to help ensure freedom of navigation in the Gulf’s key oil chokepoint by deploying warships as part of a naval coalition.

Thursday’s joint statement came ahead of a long-scheduled White House meeting between Trump and Japan’s Prime Minister Sanae Takaichi, aimed at burnishing the decades-old security and economic partnership between Washington and its closest East Asian ally.

US Treasury Secretary Scott Bessent said before the meeting on Thursday that he would expect that Japan, which gets 95 percent of its crude oil supplies from the Gulf, would want to ensure its supplies are safe.

Takaichi has sought to move Japan away from ⁠a pacifist constitution imposed by Washington after World War II, but with the Iran war unpopular at home, she has so far not offered to assist in clearing the Strait of Hormuz.

The Japanese prime minister told parliament on Monday that Tokyo had received no official request from the US, but was checking the scope of possible action within the limits of its constitution.

Soaring energy prices

Major economies have been scrambling to cushion the impact of soaring energy prices after the de facto closure of the Strait of Hormuz by Iranian forces.

Concerns were compounded on Wednesday when Iran hit the world’s largest liquefied natural gas (LNG) facility, Qatar’s Ras Laffan Industrial City, in retaliation for an Israeli attack on its South Pars gas field.

QatarEnergy reported “extensive damage” from Iranian missiles in Ras Laffan, which produces about 20 percent of the world’s LNG supply and plays a major role in balancing Asian and European markets’ demand for the fuel.

The company’s CEO, Saad al-Kaabi, said Iran’s attacks damaged facilities that produce ⁠17 percent of QatarEnergy’s LNG exports and that it would take ‌three to five years to repair.

Qatar’s Prime Minister Mohammed bin Abdulrahman bin Jassim Al Thani said Iran’s claims that it is targeting US bases are “unacceptable and unjustified”, as the attack on Ras Laffan shows that it is targeting energy infrastructure that is vital for Qatar and the entire world.

Energy prices have soared and stocks sunk amid the region’s protracted instability, reigniting fears over global supplies and inflation as well as the likely damage to economic growth.

European gas prices were up 25 percent and Brent crude oil futures nearly 6 percent at $113 at 13:00 GMT on Thursday after briefly surging about 10 percent. European gas prices have leapt by over 60 percent since the war began on February 28.

James Meadway, co-director of the Verdant economic policy think tank, said this would not be “a temporary blip” in the prices of oil and gas.

“In addition to the Strait of Hormuz being blocked, we now have a severe disruption to the basic production of oil and gas,” Meadway told Al Jazeera.

“At this point, this looks like it will be a significant rise in those prices stretching off into the distance.”