Meanwhile conflict between the United States, Israel, and Iran continues across the Middle East. However Iran says it uses its right of self-defense under international law. Meanwhile the United Nations Security Council addressed the growing crisis urgently. Furthermore members demanded an immediate halt to attacks targeting Gulf countries and Jordan.
UNSC Demands Immediate Halt to Gulf Attacks
Meanwhile the United Nations Security Council adopted a resolution sponsored by Gulf Cooperation Council members. Moreover Bahrain introduced the proposal representing Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE, and Jordan. Consequently the council adopted Resolution 2817 (2026) with strong support. Furthermore thirteen members voted in favor of the proposal. However China and Russia did not cast votes during the session. Moreover the resolution carried support from 135 co-sponsoring nations. Consequently the measure recorded the highest co-sponsorship number in UNSC history.
Missile Strike in Iran School Sparks Controversy
Meanwhile investigators blamed the United States for a deadly missile strike in Iran. Furthermore the attack targeted a primary school in Minab city. Consequently the incident killed 175 schoolgirls according to early findings. Moreover the strike occurred on February 28 using a Tomahawk cruise missile. Meanwhile the United States targeted an Iranian naval base located near the school. However intelligence teams relied on outdated targeting information during the operation. Consequently analysts mistakenly identified the school as a military facility. Furthermore officials later confirmed the mistake originated from intelligence data provided earlier.
European Union Warns of Inflation Risks
Meanwhile European Union officials expressed concern regarding the ongoing conflict. Moreover authorities warned that prolonged war could increase inflation above three percent in 2026. Furthermore Bloomberg reported comments from EU economy chief Valdis Dombrovskis. Meanwhile he explained the risk during a briefing with EU finance ministers. Moreover he warned Brent crude prices near $100 per barrel would increase inflation pressures. Consequently growth forecasts could fall significantly. Earlier projections predicted 1.4 percent economic growth during 2026. However Dombrovskis said growth could decline by 0.4 percentage points. Therefore the bloc may record growth around one percent.
Energy Dependence Raises Economic Risks
Meanwhile EU economies depend heavily on imported oil and gas supplies. Consequently higher energy prices could affect transport, factories, and household bills. Moreover consumers would likely reduce spending during rising cost pressures. Furthermore businesses would face higher production expenses. Therefore overall economic activity across the bloc could slow significantly.
Iran Attacks Foreign Oil Tankers
Meanwhile another major development occurred in the Persian Gulf. Furthermore Iran launched attacks on two foreign oil tankers. Moreover one vessel belonged to an American company. Consequently the strikes caused massive fires aboard the ships. Meanwhile one individual died during the incident. However rescue teams safely evacuated thirty-eight crew members. Furthermore Iran officially accepted responsibility for the attacks.
Iran Warns Oil Prices Could Reach $200
Meanwhile Iran issued a strong warning regarding global oil prices. Furthermore Iranian forces attacked merchant vessels in the Gulf on Wednesday. Consequently oil transport through the Strait of Hormuz stopped completely. Moreover the attacks occurred nearly two weeks after the war began. Meanwhile Iranian military spokesperson Ibrahim Zolfikar delivered a warning message. Furthermore he said the world should prepare for oil prices reaching $200 per barrel. Moreover he added that regional security directly influences energy prices. Consequently he blamed the United States for destabilizing regional stability. Additionally he stated Iran will move from reciprocal strikes toward continuous attacks.
US Claims Military Advantage in the Conflict
Meanwhile United States Central Command reported progress in the ongoing conflict. Furthermore officials said Operation Epic Fury weakened Iran’s military capabilities significantly. Moreover CENTCOM commander Admiral Brad Cooper earlier provided operational details. Consequently he said US forces targeted more than 5,000 sites across Iran. Furthermore attacks included more than sixty warships among the targets. Meanwhile American forces also gained air superiority across several regions. Moreover Iranian ballistic missile and drone attacks dropped by 80 to 90 percent. Consequently Iranian air defense systems suffered major damage. Furthermore command networks and air force capabilities also faced heavy losses.
