Overview
- Israel announced a new, simultaneous large-scale wave of strikes against targets across Iran and in Beirut, escalating the regional conflict.
- UK Maritime Trade Operations reported multiple attacks on commercial vessels near the Strait of Hormuz, with at least four ships hit in recent incidents.
- International Energy Agency members unanimously agreed to release 400 million barrels from emergency reserves to stabilize supply and prices.
- Peru detailed a phased recovery after the Camisea pipeline rupture, guaranteed gasoline and diesel availability, and scheduled vehicle natural gas service to resume on March 14 as transport unions warned of cost-driven logistics disruptions.
- Spain initiated consultations with all parliamentary groups, including Vox, to shape an anti-crisis package, with officials signaling staggered measures starting next week.