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Russia has carried out one of its largest aerial attacks on Ukraine, launching 948 drones in a 24-hour period as it moves troops and equipment to the front line in what appears to be the start of its new offensive.The attacks have resulted in civilian casualties, with two people killed in the western Ukrainian city of Ivano-Frankivsk and one person killed in the region of Vinnytsia. The city of Lviv has also been targeted, with footage showing a drone crashing into an old building next to a church in the historic centre.Ukraine's President Volodymyr Zelenskyy has issued a new appeal for allies to supply Kyiv with air defence munitions, warning that Kyiv will face a deficit of missiles while Washington is focused on the US-Israeli war on Iran.The Institute for the Study of War (ISW) has reported that Russia has moved heavy equipment and more troops to the front line, with General Oleksandr Syrskii, the commander-in-chief of Ukraine's armed forces, saying Russian troops have made simultaneous attempts to break through defensive lines in several strategic areas.Russia's new offensive is seen as an escalation of its war of attrition, which has been unable to capture cities but has made incremental gains across rural areas.

Sri Lanka's government has rejected a request from the United States to land two combat aircraft at Mattala Rajapaksa International Airport in southern Sri Lanka from March 4 to 8. The request was made on February 26, just before the US and Israel launched their military offensive against Iran.President Anura Kumara Dissanayake told Sri Lanka's parliament that the US wanted to bring two warplanes armed with eight antiship missiles from a base in Djibouti. The government turned down the request to maintain Sri Lanka's neutrality in the conflict.The decision comes amid escalating tensions in the Middle East, with Iranian missile and drone attacks sending energy prices soaring and fuelling fears of a widening conflict. The US-Israeli war on Iran has sparked widespread concern globally, with many countries refusing to get directly involved while calling for urgent de-escalation.Sri Lanka's president also cited his country's neutrality in denying the US request, saying that had they accepted the US request, they would have had to do the same for Iran, which had also made a request for three naval vessels to make a goodwill visit to Sri Lanka on the same day.In recent weeks, Sri Lanka's navy rescued 32 Iranian crew off IRIS Dena after it was torpedoed by a US submarine off the country's coast, killing at least 84 people. Days later, Sri Lanka evacuated more than 200 crew members from a second Iranian vessel, IRIS Bushehr, after the ship requested assistance from Colombo.

Oil prices have experienced a significant surge, rising more than 5%, in the wake of an Israeli strike on Iran's South Pars gasfield. This development comes as the United States-Israeli conflict with Iran continues to escalate.The international standard, Brent crude, rose 5 percent to $108.66 a barrel on Wednesday. Meanwhile, US West Texas Intermediate crude (CLc1), the price barometer for US oil, gained 2.5 percent to $98.65. This widened its discount to Brent to the largest since May 2019, driven by fears of a prolonged conflict.Iranian state media reported that natural gas facilities associated with its offshore South Pars field – the largest gasfield in the world, located off the coast of southern Iran's Bushehr province – were attacked. Iran's Revolutionary Guard threatened to attack oil and gas infrastructure in Qatar, Saudi Arabia, and the United Arab Emirates, heightening the risk of further disruptions to energy supplies in the region.Later on Wednesday, Qatari authorities reported a fire at the country's Ras Laffan gas facility after an Iranian ballistic missile attack. Qatar's Interior Ministry later confirmed that the fire had been brought under control.The US-Israeli war on Iran and Tehran's retaliatory attacks on Gulf neighbours have disrupted oil and natural gas exports from the Middle East and forced production stoppages. Experts warn that if these disruptions keep oil and gas prices elevated for an extended period, the global economy could experience a wave of inflation.Fighting has halted most shipments via the Strait of Hormuz, through which 20 percent of global oil and liquified natural gas supplies pass. Total oil output cuts in the Middle East are estimated at 7 million to 10 million barrels per day or 7 percent to 10 percent of global demand.

US President Donald Trump has requested a delay in his highly anticipated trip to China, initially scheduled for March 31-April 2, by about a month. The decision comes amid the ongoing US-Israeli war on Iran, which has resulted in significant escalation of tensions in the Middle East. “We've requested that we delay it a month or so,” Trump told reporters at the White House on Monday. “There's no tricks to it either. It's very simple. We've got a war going on. I think it's important that I be here.” The delay underscores how the Iran war has upended Trump's foreign policy agenda and risks magnifying tensions between Washington and Beijing. The war has joined trade and Taiwan as among the spectrum of issues separating the world's two biggest economies. Trump's request has been largely rebuffed so far, with China not directly responding to his request to help unblock the Strait of Hormuz, which Iran says is closed to US and Israeli-linked vessels. The Strait of Hormuz is a critical waterway through which one-fifth of the world's oil usually transits. US Secretary of the Treasury Scott Bessent said earlier on Monday that Trump may need to delay the trip due to coordinating the war effort, not because of China's unresponsiveness to Trump's request or because of any trade disagreements. “The president wants to remain in DC to coordinate the war effort. Traveling abroad at a time like this may not be optimal,” Bessent said. In related trade negotiations, the Chinese showed openness to potential additional purchases of US agricultural goods, including poultry, beef, and non-soya bean row crops, during talks with Chinese Vice Premier He Lifeng in Paris.