U.S. forces sink 16 Iranian minelayers as reports say Tehran is mining the Strait of Hormuz

U.S. forces sink 16 Iranian minelayers as reports say Tehran is mining the Strait of Hormuz

In this handout photo obtained from the U.S. Defence Department, Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72) sails alongside Arleigh Burke-class guided-missile destroyer USS Frank E. Petersen Jr. (DDG 121) and Lewis and Clark-class dry cargo ship USNS Carl Brashear (T-AKE 7) in the Arabian Sea, Feb. 6, 2026. Mass Communication Specialist 1st Class…

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Nikkei 225, Kospi, Hang Seng Index

Nikkei 225, Kospi, Hang Seng Index

Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets were set to climb Wednesday as investors tracked escalating tensions in the Middle East. A fresh wave of attacks on the United Arab Emirates’ energy infrastructure has heightened fears of prolonged supply disruptions amid the…

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Burgum calls for IEA to release oil reserves to address supply disruption

Burgum calls for IEA to release oil reserves to address supply disruption

U.S. Interior Secretary Doug Burgum speaks as he attends with Venezuela’s interim President Delcy Rodriguez (not pictured) to deliver statements at Miraflores Palace, in Caracas, Venezuela, March 4, 2026. Leonardo Fernandez Viloria | Reuters U.S. Interior Secretary Doug Burgum said Wednesday that the International Energy Agency should release oil stockpiles to address the massive supply…

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