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G7 energy ministers to discuss soaring prices amid Iran war

G7 energy ministers will discuss soaring energy prices due to the war in Iran on a call on Tuesday while a group of European Union leaders will do so later in the day, officials said. Oil prices surged to their highest levels since mid‑2022 on Monday propelled by fears of Gulf output cuts and disrupted tanker traffic. G7 finance ministers said on Monday they were prepared to implement "necessary measures" in response to the price surge but stopped short of committing to coordinated emergency releases of reserves. Even before the Iran crisis, European energy prices typically sat higher than those in the US and China. European Commission chief Ursula von der Leyen has promised to propose measures to tackle the issue at an EU summit next week. Read: Iran says oil blockade will continue until attacks end, Trump threatens to hit harder Tuesday's G7 call is scheduled for 1245 GMT. French Finance Minister Roland Lescure, whose country holds the G7 presidency this year, said ther...

Two Israeli soldiers killed as it targets Iranian commanders in Beirut

The Israeli military said on Sunday that two ​of its soldiers were ​killed in southern Lebanon, marking ⁠the first fatalities ​among its troops ​since Israel-Hezbollah hostilities resumed last week as Israeli intensified air ​strikes on ​Lebanon. The military did not immediately ‌provide ⁠further details on the circumstances of the incident. Clashes have continued ​along ​the ⁠Israel-Lebanon frontier amid heightened tensions ​between Israel and ​Hezbollah ⁠following the US-Israeli military campaign on Iran. Israel's military said it struck Iranian commanders in the Lebanese capital early on Sunday, expanding the scope of strikes to the heart of ‌Beirut after days of strikes that have left nearly 400 people dead. The drone strike was the first within the city limits of Lebanon's capital since Israel-Hezbollah reaction resumed last week, and came amid heavy bombardment on Beirut's southern suburbs and the country's south and east. Israel said it targeted key commanders of Iran's elite Quds Force of the Revolutionary Guards but ​did not name them. "The commanders of the Quds Force's Lebanon Corps operated to advance terror attacks against the state of Israel and its ​civilians, while operating simultaneously for the IRGC in Iran," the Israeli military said in a statement. Strike targeted senior Quds Force members, Israeli source This photograph taken during a media tour organized by the Hezbollah shows a photographer standing next to an overturned ambulance at Nabi Sheet town after an Israeli military operation in the Bekaa Valley of Lebanon, on Mar. 7, 2026. PHOTO: AFP An Israeli military source said the strike targeted five senior Quds Force members, including intelligence and finance personnel. Lebanon says four people were killed in ​the strike, part of a rapidly rising death toll that has reached 394 people, the health ministry said on Sunday, including at least 83 children and 42 ​women. Lebanon's health ministry does not otherwise distinguish between civilians and military personnel. Israel's military has so far killed about 200 Hezbollah militants, spokesman Nadav Shoshani said in an online briefing. Hezbollah has not published a toll for its fighters. Lebanon was pulled into the widening US-Israel war with Iran on Monday after the Iran-backed militant group Hezbollah fired into Israel. Israel responded ​with heavy strikes across southern and eastern Lebanon and near Beirut. Read More: Lebanon says Israeli attacks kill nearly 300 since Monday Deadliest recent strikes were in Eastern Lebanon Some of the deadliest bombardment took place in the ​last two days in eastern Lebanon, when 41 people were killed during a rare Israeli airborne raid deep into Lebanese territory. The Raouche neighbourhood on Beirut's seafront is typically a tourist ‌attraction, but ⁠in recent days has hosted people displaced by strikes, some of whom stayed at the Ramada hotel. The strike appeared to hit a corner suite on the hotel's fourth floor. A Reuters reporter observed the windows of the suite were shattered and surrounding facade blackened. Ten people were also injured in the attack on Beirut's Raouche area, the Lebanese health ministry said. Khalil Abou Mohammad was staying in a building across the street after being displaced earlier this week. His three children, who ​were wounded by the force of ​the strike and were being treated ⁠at a nearby hospital, would need surgery, he said as he showed Reuters bloodstained bed covers. “We came to stay here, and as you can see, we were sleeping at 3:30 (am) and the strike hit," Abou Mohammad told Reuters. Israel warns Iranian officials in Lebanon Last week, Israel said it had killed the commander of Iran's Quds Force in Lebanon, ​Daoud Ali Zadeh, in ⁠a strike in Tehran. It said a strike on Beirut's suburbs had killed Reza Khuza'i, whom it said was head of Hezbollah's weapons build-up and chief of staff of the Quds Force's Lebanon Corps. Israel has warned any representatives of Iran in Lebanon to leave immediately or risk being targeted, and struck an area near the ⁠Iranian embassy ​in Lebanon earlier this week. Dozens of Iranian nationals have left in recent days, and the Lebanese government ​has ordered authorities to arrest and deport any Iranian Revolutionary Guards in Lebanon, though it was unclear if they had done so. Senior Hezbollah official Mahmoud Qmati has denied that Iranian forces are ​on the ground in Lebanon.

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