Day: March 3, 2026

The price of Azerbaijan’s Azeri Light crude rose sharply at Italy’s Port of Augusta, increasing by $6.85, or 9.4 percent, compared to the previous figure to reach $79.60 per barrel on a CIF basis, AzerNEWS reports.

On the fourth day of the US and Israel’s war against Iran, Tehran has widened its retaliatory attacks in the Gulf region, with two of its drones hitting the US embassy in Saudi Arabia. Iran has threatened to ”set fire” to any ship passing the Strait of Hormuz, a crucial oil and gas shipping route. The cost of hiring an oil supertanker from the Middle East to China has doubled since last week, reaching an all-time high of more than $400,000 a day. In the US, Secretary of State Marco Rubio tells journalists “the hardest hits” on Iran are “yet to come”. Meanwhile, Vice President JD Vance insists that the conflict will not drag on for years. As the Trump administration seeks to justify its military campaign, what do Americans make of the decision to attack Iran? We hear from voters in Texas. Also: US lawmakers have released Bill and Hillary Clinton’s video testimonies about Jeffrey Epstein, totalling around nine hours’ worth of footage. A long-lost painting by the Dutch Master Rembrandt has been traced and authenticated by the Rijksmuseum in Amsterdam. And Ethiopia unveils Africa’s first unmanned smart police station, powered by artificial intelligence. The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight.
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