International
Global energy body plans to release strategic oil reserves
IEA member countries currently hold over 1.2 billion barrels of public emergency oil stocks, with a further 600 million barrels of industry stocks held under government mandates.
° An oil tanker unloads crude oil at a terminal at the port in Qingdao, in China’s eastern Shandong province on March 10, 2026. (Photo by CN-STR / AFP) / China OUT / CHINA OUT
G7 Energy Ministers met today, at the International Energy Agency (IEA) headquarters in Paris and discussed the situation in global oil and gas markets, which have been significantly affected by the conflict in the Middle East.
Following the assessment of the crisis, they want to make emergency stocks of their oil reserves available to the global market in order to ease the supply disruptions.
IEA Executive Director Fatih Birol , disclosed this in a statement after the meeting .
IEA member countries currently hold over 1.2 billion barrels of public emergency oil stocks, with a further 600 million barrels of industry stocks held under government mandates.
About 100 million barrels of oil are consumed globally every day.
The Paris-based IEA was created to coordinate responses to major supply disruptions after the 1973 oil crisis.
“In oil markets, conditions have deteriorated in recent days. In addition to the challenges of transit through the Strait of Hormuz, a substantial amount of oil production has been curtailed. This is creating significant and growing risks for the market,” he said.
“I have convened an extraordinary meeting of IEA member governments, which will take place later today to assess the current security of supply and market conditions to inform a subsequent decision on whether to ,” Birol added.
He said the G7 meeting addressed “all the available options, including making IEA emergency oil stocks available to the market”.
Italy’s Environment and Energy Minister Gilberto Pichetto Fratin said that regarding the closure of the Strait of Hormuz, “countries have committed to showing solidarity by using stockpiled reserves in order to compensate for the lack of availability at the global level.”
Crude prices have seen sharp fluctuations due to supply disruptions, jumping 30 percent on Monday to nearly $120 per barrel before retreating later that day.
They fell further on Tuesday, reassured by US President Donald Trump stating Monday that the US-Israel war on Iran was “going to be ended soon”.
Nevertheless risks remain, with Iran vowing earlier Tuesday that not one litre of oil would be exported from the Gulf while the United States and Israel press ahead with their bombardment of the country.
International
Democrats Win US midterm elections
Trump acknowledges the Iran war, and the rising cost of living, were factors in his Republican Party’s defeat – as the White House posts on social media: “Trump is still your president”
US President Donald Trump
The Democrats win the Senate and the House in US midterm elections, taking control of Congress for the rest of Donald Trump’s tenure.
Voters in conservative bastions who had propelled the president to his second term in office just two years ago swung dramatically toward Democrats, fueled by deep frustration over the unpopular war with Iran, anxiety over the high cost of living and anger at Trump’s stewardship of the country.
Trump acknowledges the Iran war, and the rising cost of living, were factors in his Republican Party’s defeat – as the White House posts on social media: “Trump is still your president”

In Texas, the biggest Republican state, Democrats ended a decades-long losing streak in seismic fashion, winning a Senate seat and ousting three-term Governor Greg Abbott.Kansas elected its first Democratic senator since the Great Depression nearly a century ago, and in South Carolina, a state that Trump carried by nearly 18 points in 2024, Democrats turned aside his hand-picked Senate candidate.The results will usher in a new era of divided government in Washington, following two years in which the Republican-controlled Congress rarely exercised its power to rein in Trump.
International
JUST IN: Plane Crash Near Trump’s Florida Home Kills All 9 Aboard
A private Learjet 60 crashed into a residential neighborhood in Palm Beach County, Florida, on Sunday afternoon, killing all nine people on board, officials confirmed.
The aircraft, flying from Austin, Texas, to the Bahamas, went down around 12:50 p.m. local time near Cresthaven/Greenacres, roughly 7–11 kilometers (about 4–7 miles) from President Donald Trump’s Mar-a-Lago resort.
It struck near a busy roadway at the entrance to a mobile-home community, creating a large fireball and leaving a crater in the road. Debris was scattered across a wide area, and nearby power and water lines were damaged.
Transportation Secretary Sean Duffy called the crash a “horrific tragedy” and confirmed there were no survivors among the nine occupants.
Florida Governor Ron DeSantis described the impact as “cataclysmic,” saying it “looked like a missile going down.” No injuries were reported among people on the ground. About 600 residents of a nearby mobile-home park were evacuated.
Trump had been at Mar-a-Lago earlier Sunday but departed on Air Force One from the nearby airport about an hour before the crash.
The National Transportation Safety Board is leading the investigation, with support from the Federal Aviation Administration.
Early reports noted the crew had discussed moderate turbulence and ice shortly before the steep descent.
International
Tens of thousands protest against Narendra Modi regime in Delhi
The protest was one of the largest shows of opposition strength in years, taking place amid a wider resurgence of anti-government dissent which has been systematically crushed over the 12 years of the Modi regime.
Thousands of opposition supporters have gathered in Delhi as protests against the Narendra Modi government continue to gather momentum.
Led by the Congress party, India’s opposition alliance has brought together supporters from across the country, amid growing anger over a large-scale revision of the country’s voter roll that has seen 130 million names erased.
Opposition leaders have alleged the process gives Modi’s ruling Bharatiya Janata party (BJP) an electoral advantage, and have called for the resignation and impeachment of the chief election commissioner, Gyanesh Kumar.
The BJP has denied the claims.
Addressing tens of thousands of party workers and supporters, the opposition leader Rahul Gandhi said Kumar had “carried out the biggest crime. He has tried to silence the voice of people, strangulate our country.”
Gandhi said the opposition, united under the acronym India (Indian National Developmental Inclusive Alliance), would not let “democracy be finished in the country” and warned Modi: “You can’t run anywhere.”
The protest was one of the largest shows of opposition strength in years, taking place amid a wider resurgence of anti-government dissent which has been systematically crushed over the 12 years of the Modi regime.
The Guardian Uk
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