Ships Struck Near Strait of Hormuz as Gulf Tensions Escalate

Three commercial cargo vessels were struck by projectiles early Wednesday in or near the Strait of Hormuz, underscoring the growing threat to global shipping lanes as the war between the United States, Israel and Iran intensifies.

G7 Nations Not Yet Ready To Release Oil Stockpiles

G7 finance ministers said Monday they will take “necessary measures” to stabilize energy supplies but added there is no plan yet to release strategic oil stockpiles after prices for the vital commodity surged over the weekend to a 45-month high.

Ukrainian Man Kidnapped And Murdered In Bali As Police Hunt Suspects

Authorities on the Indonesian island of Bali are investigating the kidnapping and brutal killing of a Ukrainian man believed to be linked to organized crime in a case that has shocked residents of the resort island, a popular international tourist destination.

Iran Names Mojtaba Khamenei As New Supreme Leader After Death Of Father

Iran’s powerful Assembly of Experts announced Sunday that Mojtaba Khamenei has been selected as the country’s new supreme leader, replacing his father, Ayatollah Ali Khamenei, who was killed during the opening phase of U.S.-Israeli strikes on Iran on February 28.

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