Iranian woman’s video of US-Israel attack ends as bomb hits | Conflict
The fate of an Iranian woman caught in a US-Israeli bomb attack is unknown, after video emerged of the moments she filmed the bombardment on her phone.
Published On 21 Mar 2026
The fate of an Iranian woman caught in a US-Israeli bomb attack is unknown, after video emerged of the moments she filmed the bombardment on her phone.
Published On 21 Mar 202621 Mar 2026
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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.
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“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.
Supreme Leader Mojtaba Khamenei has released a message for the Persian New Year saying that Iran’s unity had defeated the enemy. Khamenei’s message comes amid rumours over his health following US-Israeli strikes.
Published On 20 Mar 202620 Mar 2026
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At least 15 people have been killed by attacks in Israel since the war on Iran started late last month. Israel operates a network of shelters to keep people safe, but not all Israeli citizens enjoy the same level of protection.
Published On 20 Mar 202620 Mar 2026
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Millions of people have rung in the ancient Persian New Year, Nowruz, as war grips the Middle East. The 3,000-year-old Zoroastrian-rooted celebration marks the beginning of spring in the northern hemisphere and is celebrated by 300 million people in Iran and Central Asia.
Published On 21 Mar 202621 Mar 2026
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Al Jazeera’s Nicolas Haque recorded his journey on the long road from Amman, Jordan to Baghdad, Iraq as he deploys to cover the US-Israeli war on Iran. Along the 900km drive he found tight security and people largely unfazed by the conflict.
Published On 21 Mar 202621 Mar 2026
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Trump calls NATO cowardly over lack of support for Iran war, says Strait of Hormuz should be protected ‘by other nations who use it’.
Iran’s President Masoud Pezeshkian says his country is not seeking war with its neighbours, blaming the US and Israel for creating problems. Iran has justified its attacks on Gulf states as they host US military bases.
Published On 20 Mar 202620 Mar 2026
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The US is moving military assets to the Middle East that are key to providing support for ground troop operations. Al Jazeera’s Kimberly Halkett says it’s the clearest sign yet of potential US boots on the ground in Iran to secure the Strait of Hormuz.
Published On 20 Mar 202620 Mar 2026
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Oil and gas facilities in the Gulf have been attacked since early in the war on Iran.
The war in the Middle East took a serious turn when Israel bombed Iran’s energy facilities, pushing Iran to step up attacks on its Gulf neighbours.
The damage has been significant and will take years to repair. It also has long-term consequences, with Qatar already warning of a reduction in exports.
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The escalation is dangerous, experts say, as energy exports from the Gulf region account for a fifth of global output.
So, what are the risks of turning energy facilities into battlefields?
Presenter: Imran Khan
Guests:
Mohsen Baharvand – Former Iranian ambassador to the United Kingdom
Jim Walsh – Research associate in MIT’s security studies programme
John Sfakianakis – Chief economist at the Gulf Research Center
Published On 20 Mar 202620 Mar 2026
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How Iran’s power structure was built, and how it survives its architect.
After a US-Israeli strike killed Iran’s Ali Khamenei, the war on Iran escalates, and the Islamic Republic faces a critical moment. Mojtaba Khamenei has been elected supreme leader, marking a rare and controversial succession. This explainer breaks down how Iran’s power structure was built after the 1979 Islamic revolution led by Ayatollah Ruhollah Khomeini, and how Ali Khamenei transformed that revolution into a complex political and security structure.
We examine how the supreme leader sits above all institutions in Iran, shaping decisions across government, the military, and the Islamic Revolutionary Guard Corps, and how this system is designed to endure beyond any single leader. As Mojtaba Khamenei takes power, questions grow over how Iran will be governed, how the IRGC will influence decision-making, and whether the system Ali Khamenei built can withstand both internal pressure and external conflict.
From Ali Khamenei to Mojtaba Khamenei, this is the story of Iran’s supreme leader, the system behind power in Iran, and what comes next.
Published On 20 Mar 202620 Mar 2026
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Mojtaba Khamenei has not been seen in public since he replaced his slain father as Iran’s supreme leader.
Supreme Leader Mojtaba Khamenei has said Iran’s enemies were being “defeated” in a written message for the Persian New Year, as the US and Israel continue to pound the country with attacks.
In a statement read on Iranian television on Friday, Khamenei praised the steadfastness of the Iranian people marking Nowruz, which he said ushered in the year of a “resistance economy under national unity and national security”.
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“At the moment, due to the particular unity that has been created between you, our compatriots – despite all the differences in religious, intellectual, cultural and political origins – the enemy has been defeated,” he said.
Khamenei has not been seen in public since he became supreme leader, following the assassination of his father, Ayatollah Ali Khamenei, at the start of the war on February 28.
Iran’s supreme leader said that while the US and Israel believed that after one or two days of attacks, the Iranian people would overthrow the government, but this was a “gross miscalculation”.
The war was launched under “the delusion that if the pinnacle of the regime and certain influential military figures were to attain martyrdom, it would instil fear and despair in our dear people … and through this means, the dream of dominating Iran and subsequently dismembering it would be realised”, he said.
Instead, “a fracture has emerged in the enemy,” he added.
Analysts have observed that the Iranian constitution itself was drafted with the spectre of a power vacuum in mind, a “survival protocol” designed to give the system the capacity to continue even at a moment of maximum shock.
Khamenei also denied that Iran or its allied forces were responsible for attacks against Turkiye and Oman.
Those were “false flag” incidents used by Iran’s enemy to “sow discord among neighbours, and it may occur in other countries as well”, he claimed.
The Turkish Ministry of National Defence last week said NATO air defences intercepted a ballistic missile launched from Iran. Two people were killed in Oman after drones came down in the Sohar province.
The supreme leader also called on Afghanistan and Pakistan to end their fighting and said he stood ready to assist.
“We consider our eastern neighbours to be very close to us”, the supreme leader said. “I appeal to our two brotherly countries, Afghanistan and Pakistan, to establish better relations with each other … and I myself am ready to take the necessary actions.”
The neighbouring countries agreed to a temporary “pause” in hostilities during the Muslim holiday of Eid al-Fitr this week, after weeks of deadly violence.
From factories to supermarket shelves, the Iran war is disrupting global supply chains.
First came the energy shock. Now, the Iran war is hitting something even more basic: Food.
With the Strait of Hormuz blocked, vessels are being rerouted and supply chains are under strain.
The disruption is pushing up the costs of almost everything from factories to supermarket shelves thousands of miles away.
The longer the Iran conflict continues, the greater the pressure on businesses and consumers worldwide.
The United Nations warns that rising food, oil and shipping costs could push an additional 45 million people into acute hunger – taking the global total above its record of 319 million.
Published On 20 Mar 202620 Mar 2026
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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.
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”.

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.
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.
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.”

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.
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.”
Israeli and US air attacks pound Iran as assassination campaign of country’s leadership continues.
Iran’s Islamic Revolutionary Guard Corps spokesperson has been killed in overnight strikes carried out jointly by the United States and Israel, the IRGC reported, the latest in a mounting toll of senior officials assassinated since the war began.
Ali Mohammad Naini, a 68-year-old brigadier general who took up the IRGC spokesman role in 2024, “was martyred in the criminal cowardly terrorist attack by the American-Zionist side at dawn”, the IRGC said in a statement on Friday.
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His death came just hours after he appeared on national television to insist that Iran retained full capacity to manufacture missiles, even under wartime conditions.
“Our missile industry deserves a perfect score … and there is no concern in this regard, because even under wartime conditions we continue missile production,” Naini was quoted by the Fars news agency as saying.
On Thursday, Israeli Prime Minister Benjamin Netanyahu said that “Iran no longer has the capacity to enrich uranium and manufacture ballistic missiles”.
The Israeli army said on Friday that it was carrying out strikes across eastern Tehran, as the country marks the Persian New Year, Nowruz, which this year coincides with Eid al-Fitr.
Al Jazeera’s Mohamed Vall, reporting from Tehran, described the mood in the capital as “hushed”, with none of the customary festivities visible on the streets.
Naini’s killing is the latest in a string of high-profile assassinations that have gutted Iran’s establishment in under three weeks.
Supreme Leader Ayatollah Ali Khamenei was killed in the opening hours of the joint military campaign. He has since been replaced by his son, Mojtaba Khamenei.
Earlier this week, Ali Larijani, secretary of Iran’s Supreme National Security Council and one of the most influential figures in Iran’s establishment, was killed in a strike along with his son and several aides.
The head of the Basij paramilitary forces, Brigadier General Gholamreza Soleimani, and Intelligence Minister Esmail Khatib were also confirmed dead within the same 48-hour period.
US Defense Secretary Pete Hegseth made little effort to conceal Washington’s glee, saying on Thursday that “the last job anyone in the world wants right now” is a senior leadership role in the IRGC or Basij.
However, other US officials appeared to suggest that Washington and Israel’s aims in Israel were not aligned.
Director of National Intelligence Tulsi Gabbard told the House Intelligence Committee this week that US and Israeli objectives “are different”, adding that while Israel had been “focused on disabling the Iranian leadership,” Trump’s goals were to destroy Iran’s ballistic missile capabilities “and their navy”.
Israeli Prime Minister Netanyahu has cast the killings as a means of opening a path for Iranians to reclaim their country, saying on Wednesday the campaign against the country’s leadership “will not happen all at once” but that persistence would give Iranians “a chance to take their fate into their own hands”.
Foreign Minister Abbas Araghchi said the US and Israel had still failed to grasp that Iran’s political structure does not rest on any single person.
“The presence or absence of a single individual does not affect this structure,” he said.
Beirut, Lebanon and Gaza City, Palestine – Along Beirut’s downtown waterfront, Alaa is looking for somewhere to rest his head.
The Syrian refugee, originally from the occupied Golan Heights, is now homeless. He explained that he had already spent the day wandering around the Lebanese capital trying to find shelter.
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He used to live in Dahiyeh – the southern suburbs of Beirut that have been pummelled by Israeli attacks, which have now killed more than 1,000 across Lebanon.
Now, he’s just looking for somewhere he can be safe. And in that context, Eid al-Fitr, the Muslim festival that began on Friday, is far from his mind.
When asked if he had any plans for Eid, he replied in the negative. Instead, his focus was on getting a tent.
“I got rejected from staying in a school, then I went to sleep on the corniche,” Alaa said. “Then people from the municipality told me to come here to downtown Beirut’s waterfront.”
Alaa wasn’t able to find a tent and is sleeping in the open air for now. But others in the area have, transforming a downtown more famous for its expensive restaurants and bars into a tent city for those displaced by the fighting. Across Lebanon, more than a million people have been displaced.
Lebanese are uncertain when this war will end, particularly as they have barely recovered from the conflict with Israel that ran between October 2023 and November 2024.
It makes celebrations difficult – a common theme across the countries affected by the current conflict.
In Iran, now in its third week of US-Israeli attacks – with no sign of an immediate end and an economic crisis that preceded the conflict, people are struggling to afford any of the items typically bought during the holiday season.
And it is potentially dangerous for people to shop at places like Tehran’s grand bazaar, which has been damaged by the bombing.
The religious element of Eid adds an extra sensitivity for antigovernment Iranians, some of whom now see any sign of religiosity as support for the Islamic Republic. The fact that Nowruz – the Persian New Year – falls on Friday this year means that some in the antigovernment camp will be focused on that celebration instead, and eschewing any events to mark Eid.
Many Palestinians in Gaza want to celebrate Eid, but the enclave’s economic crisis, brought on by Israel’s genocidal war, makes it difficult.
Israeli restrictions on the entry of goods into Gaza, which have increased since the war against Iran started, have driven up prices further, including the cost of children’s toys.
Khaled Deeb, a 62-year-old living in a partially destroyed home in Gaza City, had ventured into the central Remal market, curious to see how expensive fruit and vegetables had gotten in the run-up to Eid.
“From the outside, the Eid atmosphere looks lively and vibrant,” Khaled said, pointing to the crowded market. “But financially, things are extremely bad. People have all left their homes and are now living in tents and displacement. Everyone has lost everything during the war.”
Khaled says he can’t afford the fruit and vegetables, and will have to go without. Only “kings” could buy them, he said, not “poor and exhausted people” like him.
What makes it worse is his memory of what things were like before the war, when he owned a supermarket.
“During Eid, I would give my daughters and sisters gifts of more than 3,000 shekels ($950) when visiting them, not to mention preparing the house, buying Eid clothes for my children, and sweets and chocolates to welcome the holiday,” Khaled said. None of that is going to happen this Eid, even with a ceasefire in Gaza.
His sentiment was echoed by Shireen Shreim, a mother of three.
“Our joy in Eid is incomplete,” she said, as she wandered through the market. “We have come out of two years of war with immense hardship, only to face a life where even the most basic necessities are unavailable.”
And with Israel showing few signs that it is willing to stop violently attacking Palestinians, as well as other countries in the region, Shireen has no idea when Gaza will ever be rebuilt.
“I live in an apartment with completely hollowed-out walls,” she explained. “My husband and I put up tarps and wood, and we are continuing our lives. We are much better off than others.”
“Every time I return home, I feel sad,” she added. “As you can see, people are living in nylon and cloth tents in the streets, without any humane shelter. How will these people celebrate Eid?”
Back in Beirut, Karim Safieddine, a political researcher and organiser, is stoic. He said he would be celebrating Eid with his extended family, despite the difficult circumstances.
“Although we have been displaced by the war, we believe that consolidating these family bonds and creating a sense of communal solidarity is the first and foremost condition to survive this war,” Karim said.
“Without solidarity, we won’t be able to build a society, a country,” he said. “I think that’s a starting point for many people attempting to really create a sense of forward-looking vision for a country under bombs, without any form of toxic positivity, of course.”
EXPLAINER
Tehran has warned of zero restraint if energy facilities are attacked again, while Netanyahu signals that there could be a ‘ground component’ to the war.
Iran has warned it will show “zero restraint” if its energy facilities are attacked again, a day after Israel struck the South Pars gasfield and Tehran attacked energy sites across the Gulf.
In the United States, President Donald Trump raised controversy during a meeting with Japan’s Prime Minister Sanae Takaichi by invoking the 1941 bombing of Pearl Harbour while defending the element of surprise in the Iran attack.
Meanwhile, as the conflict intensifies, concerns over supply disruptions have pushed global oil and gas prices higher, with sharp increases reported across the United Kingdom and Europe.

President of Brazil Lula de Silva criticised the United States’ aggressive foreign policy under President Trump and called on the UN Security Council to prevent war.
Published On 20 Mar 202620 Mar 2026
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Videos published by local Israeli platforms show Iranian missile fragments making impact in northern Israel.
“It’s not our war.” A small occupied West Bank community has buried four women killed in a hair salon during an Iranian missile attack meant for Israel.
Published On 20 Mar 202620 Mar 2026
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Iranians are shopping for essentials to celebrate the beginning of the Persian New Year, Nowruz, despite the threats of deadly US-Israeli attacks.
Published On 19 Mar 202619 Mar 2026
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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.”
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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.
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.”