Rush Hour: UN calls West Asia conflict humanitarian emergency, US lets India buy Russian oil & more
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The United Nations’ refugee agency declared the conflict in West Asia a major humanitarian emergency, and called for all fleeing civilians to be granted safe passage. The United Nations High Commissioner for Refugees said that the crisis has led large numbers of people to flee their homes.
“UNHCR has declared the escalating crisis in the Middle East as a major humanitarian emergency requiring an immediate response across the region,” Ayaki Ito, the director of emergency and programme support at the agency, said.
The conflict began on February 28 when Israel and the US launched a joint military operation targeting the Iranian government, triggering a retaliation by Tehran.
Israel has been claiming that Iran is close to obtaining a nuclear weapon, while Tehran has maintained that its nuclear programme is for civilian purposes. Read more.
The United States granted Indian refiners a 30-day waiver to buy Russian oil stranded at sea amid the conflict in West Asia. This was a short-term measure to keep oil supplies flowing globally amid disruptions, said US Treasury Secretary Scott Bessent, adding that it “will not provide significant financial benefit” to the Russian government.
The decision came amid concerns about rising crude oil prices and its supply from West Asia being disrupted. The price of benchmark Brent crude had reached $84 per barrel...