Daily brief
Oil prices have surged above $100 a barrel as tensions with Iran threaten shipping through the Strait of Hormuz, prompting the International Energy Agency to plan a release of 400 million barrels from reserves. The price spike is reducing expectations for central bank interest rate cuts due to renewed inflation pressure.
Israel has begun construction on a new settlement in the West Bank.
India has exposed an AI-generated deepfake video purporting to show its army chief sharing intelligence with Israel.
An Iranian cyberattack has reportedly disabled Israel's railway system, according to an Iranian news agency.
India's imports of Russian oil have increased by 50% in March amid the ongoing conflict.