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European Union President declares war on Putin

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European Union President declares war on Putin during State of the Union address

European Commission President Ursula von der Leyen wasn’t subtle when she arrived to deliver her annual State of the Union address dressed in yellow and blue.

The EU’s top diplomat used her speech to slam Russian President Vladimir Putin. She demonstrated the bloc’s solidarity with Ukraine.

Von der Leyen labeled the invasion as one of “autocracy against democracy”.

“I stand here with the conviction that with the necessary courage and necessary solidarity, Putin will fail and Europe will prevail,” she said.

The EU President also highlighted how the ongoing energy crisis is tied to Russia’s war.

Von der Leyen put forward a proposal to cap the revenue of electricity producers, who continue to make huge profits. This scheme could raise 140 billion.
“They (the companies) have to pay a fair share – they have to give a crisis contribution,” she said.
“In these times, it is wrong to receive extraordinary record revenues and profits benefiting from war and on the back of consumers,” she continued.

The President was somewhat candid when admitting the warning signs of war that were ignored.

She says ongoing sanctions have left “Russia’s industry in tatters” and believes Putin’s financial sector is “on life support”.

It comes as more than 1000 companies have departed the nation since the war began.

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Iran live updates: Trump claims Khamenei dead as Iran insists he remains in command

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U.S. and Israel strike Iran as missiles hit Gulf bases and oil surges

U.S. and Israel launch major military operation against Iran; tensions rise as conflict escalates, impacting global markets.

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U.S. and Israel launch major military operation against Iran; tensions rise as conflict escalates, impacting global markets.

The United States and Israel have launched a sweeping military operation against Iran, striking leadership targets and more than 500 military sites in what President Trump has dubbed Operation Epic Fury.

Explosions have rocked Tehran, with civilians fleeing the capital as U.S. sea and air assets carry out sustained attacks. Washington says the mission is designed to prevent a nuclear armed Iran and has even called on Iranians to rise up against the regime.

Iran has retaliated with a barrage of missiles and drones targeting Israel and U.S. bases across the region, including in Qatar, Kuwait, the United Arab Emirates and Bahrain. While many projectiles were intercepted, a U.S. base in Bahrain sustained damage.

Gulf states long seen as stable hubs for global business are now directly in the firing line, raising fears of a wider regional war.

Oil prices are climbing and tankers are diverting from the Strait of Hormuz as markets react to the escalating conflict. U.S. aircraft carriers, advanced fighter jets and missile destroyers remain in position, signalling more strikes could follow.

With global leaders scrambling diplomatically, the world is watching to see whether this spirals further or shifts back to negotiations.Download the Ticker app

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Iran warns ships to avoid Strait of Hormuz

Iran warns ships to avoid Strait of Hormuz amid rising tensions and military buildup in the region

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Iran warns ships to avoid Strait of Hormuz amid rising tensions and military buildup in the region

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In Short:
– Iran’s Guard Corps advises ships to avoid the Strait of Hormuz due to rising tensions.
– Tankers have diverted to Qatar and UAE amidst concerns over safety and potential Iranian threats.
Iran’s Islamic Revolutionary Guard Corps has instructed ships to avoid the Strait of Hormuz, a crucial shipping lane linking to the Persian Gulf. About a hundred merchant vessels transit the strait daily, according to the U.S.Tensions have escalated recently as the U.S. increased military presence in the region and Iran issued threats. Western nations are concerned about Iran potentially laying sea mines to disrupt commercial traffic. Currently, no evidence suggests Iran has mined the strait.

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Ships have been repeatedly warned against entering the strait, as stated by crews in the area and the European Union’s naval command, Aspides. On Saturday, dozens of tankers diverted, with some seeking refuge in Qatar and the United Arab Emirates while others opted to steer clear of the region, as reported by oil brokers and shipowners.

Shipping Concerns

Tensions continue to impact shipping operations as carriers remain cautious in the Gulf region.

Tanker crews reported hearing explosions near Iran’s Kharg Island, which is vital for the country’s oil exports, as it handles 90% of its crude oil shipments.


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