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Germany, Japan to unblock oil reserves as G7 stands 'ready' to act
Germany, Japan to unblock oil reserves as G7 stands 'ready' to act

Japan and Germany said Wednesday they would tap into their oil reserves to tackle the rise in crude prices due to the Middle East war, with Berlin saying the IEA global energy body had asked member states to release 400 million barrels.

March 11, 2026

RECENT NEWS

German defence giant Rheinmetall sees business boost from Mideast war
German defence giant Rheinmetall sees business boost from Mideast war

German arms maker Rheinmetall said Wednesday the Middle East war offered new business opportunities, especially for its air defence systems, as it forecast continued strong growth this year.

March 11, 2026

Malawi court dismisses 15-year lawsuit against Madonna charity
Malawi court dismisses 15-year lawsuit against Madonna charity

A Malawi High Court has dismissed a wrongful‑termination case against US pop star Madonna brought by the sister of a former president, in one of the country's longest-running NGO disputes.

March 11, 2026

Trade ships hit as Iran threatens Gulf oil chokepoint
Trade ships hit as Iran threatens Gulf oil chokepoint

New attacks hit three commercial ships in the Gulf on Wednesday, with one of the vessels in flames as Iran pressed its campaign against its oil-exporting neighbours, threatening shipping in the Strait of Hormuz and plunging the global energy economy into crisis.

March 11, 2026

RECENT NEWS

G7 inches closer to tapping oil reserves to tackle price rise
G7 inches closer to tapping oil reserves to tackle price rise

The Group of Seven advanced economies inched closer Wednesday to tapping strategic oil reserves to tackle the rise in crude oil prices due to the Middle East war as energy ministers said they stood ready to take "all necessary measures".

March 11, 2026

RECENT NEWS

'No good choice': the Afghans forced to return from Iran
'No good choice': the Afghans forced to return from Iran

Exhausted Afghans cross the border from Iran in a sandstorm, leaving behind a country in the grip of war to return to a homeland that is battered by conflict and humanitarian crisis.

March 11, 2026