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Nations call for strong plastics treaty as difficult talks loom

Nations call for strong plastics treaty as difficult talks loom

Yahoo5 days ago

More than 90 countries called on Tuesday for a global treaty to restrict plastic production, ahead of another round of hard-fought negotiations on the pact.
The talks collapsed in late 2024 with nations unable to agree on how to stop millions of tonnes of plastic waste from entering the environment each year.
Ahead of the next round of negotiations in August, ministers from 95 countries issued a symbolic call for a binding treaty that caps plastic production and phases out harmful chemicals.
"This declaration sends a clear and strong message: we will not give up," France's environment minister Agnes Pannier-Runacher said at the UN Ocean Conference in Nice in southern France, where the statement was issued.
"We must reduce our production and consumption of plastics."
So-called "high-ambition" nations have long pushed for the accord to include caps on the manufacture of new plastic, which is largely made from chemicals derived from fossil fuels.
An opposing group of "like-minded" countries -- mostly oil and petrochemical giants -- have rejected calls for production limits, and pushed instead for a treaty that prioritises waste management.
Mexico's environment minister Alicia Barcena said caps on plastic were critical "to send a message on the root of the plastic crisis" and recycling and waste management alone would not solve the problem.
In 2019, the world produced around 460 million tonnes of plastic, a figure that has doubled since 2000, according to the Organisation for Economic Co-operation and Development.
Plastic production is expected to triple by 2060.
But just nine percent of plastic is recycled globally and every day, the equivalent of 2,000 garbage trucks worth of plastic waste is dumped into oceans, rivers and lakes.
"We are heartened to see this demonstration of ambition from the majority of countries, who are showing a united front against the small number of petro-chemical states trying to prevent a strong treaty," said Ana Rocha from GAIA, an alliance of activist groups.
The declaration also called for the elimination of "chemicals of concern" in plastics that are harmful to human health and the environment.
A treaty lacking these elements or based on voluntary measures "would not be effective to deal with the challenge of plastic pollution", they said.
Plastic pollution is so ubiquitous that microplastics have been found atop Mount Everest, in the deepest ocean trench, and in human blood and breastmilk.
UN Secretary-General Antonio Guterres on Tuesday urged nations to "confront the plague of plastic pollution" and expressed hope the treaty talks would be concluded this year.
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Israel-Iran conflict: latest developments
Israel-Iran conflict: latest developments

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Israel-Iran conflict: latest developments

Israel and Iran traded fire for a third straight day on Sunday, with rising casualties and expanding targets marking a sharp escalation in the conflict between the longtime adversaries. Overnight Iranian strikes killed at least ten people in Israel, adding to the growing toll in both countries since Friday when Israel launched a massive wave of attacks targeting Iranian nuclear and military facilities, sparking retaliation. The exchange of strikes is the first time the arch-enemies have traded fire with such intensity, triggering fears of a prolonged conflict that could engulf the Middle East, even as international leaders urge de-escalation. Here are the latest developments: - Deadly Iranian strikes - Iran unleashed deadly barrages of missiles at Israel overnight Saturday into Sunday, killing at least ten people, including children, and wounding around 200, according to Israeli emergency services. Air raid sirens and booms rang out in Jerusalem and Tel Aviv early Sunday as Israel's military said millions of Israelis were "running for shelter as sirens sound" in dozens of cities and communities around the country. The first wave of Israeli strikes on Iran killed 78 people and wounded 320, according to Iran's ambassador to the United Nations, but Iranian authorities had not provided an updated toll as of early Sunday. Iran also struck sites used by Israeli warplanes for refuelling, the Revolutionary Guards said early Sunday. Israel said it had also intercepted seven drones launched towards its territory, as it worked to head off attacks while carrying out further strikes on Iran. Yemen's Iran-backed Huthi rebels on Sunday said they had launched several missiles at Israel. - Israel expands targets - After targeting Iranian military and nuclear facilities, including killing top brass and scientists, Israel expanded targets to air defences and oil infrastructure. Israeli strikes hit two fuel depots in Tehran, the Iranian oil ministry said Sunday, with AFP journalists reporting seeing fire at the oil depots in Shahran northwest of the Iranian capital. On Saturday, Israel's military said it was attacking dozens of missile launchers in Iran after announcing it had targeted air defences with a wave of strikes in the Tehran area. Iranian news agency Tasnim reported early Sunday that an Israeli strike had also targeted the country's defence ministry headquarters in Tehran and damaged one of its buildings. The defence ministry did not comment. - Faltering nuclear diplomacy - Iranian Foreign Minister Abbas Araghchi said Sunday that Israel had "crossed a new red line" by targeting Iran's nuclear sites, after Tehran on Saturday had pledged to limit its cooperation with the UN's nuclear watchdog, criticising it for its silence over Israeli strikes. "It is entirely clear that the Israeli regime does not want any agreement on the nuclear issue. It does not want negotiations and does not seek diplomacy," Araghchi told foreign diplomats, saying the attack launched on Friday was an "attempt to undermine diplomacy and derail negotiations". The fiercest ever exchange of fire between the arch foes came amid ongoing talks between Tehran and Washington seeking to reach a deal on Iran's nuclear programme. Before the Israeli strikes, the two sides had been set to hold a sixth round of negotiations in Oman on Sunday. Iranian President Masoud Pezeshkian said Saturday that Tehran would not attend nuclear talks with the United States so long as Israel kept up its attacks on the Islamic republic. Western governments have repeatedly accused Iran of seeking a nuclear weapon, which it denies. - International unease - Others states have urged restraint and warned against a larger conflict. US President Donald Trump said he and Russian President Vladimir Putin had agreed in a phone call on Saturday that the conflict between Iran and Israel "should end." But on Sunday morning, Trump issued a warning to Iran saying it would experience "the full strength" of the US military if it attacks the United States, reiterating that Washington "had nothing to do" with Israel's strikes on Tehran's nuclear and intelligence facilities. Iraq -- a close ally of Tehran, but also a strategic partner of Iran's arch-foe the United States -- has approached the Iranian and US governments in a bid to prevent being caught up in a regional escalation. burs-sw/ysm

Israel-Iran conflict: latest developments
Israel-Iran conflict: latest developments

Yahoo

time3 hours ago

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Israel-Iran conflict: latest developments

Israel and Iran traded fire for a third straight day on Sunday, with rising casualties and expanding targets marking a sharp escalation in the conflict between the longtime adversaries. Overnight Iranian strikes killed at least ten people in Israel, adding to the growing toll in both countries since Friday when Israel launched a massive wave of attacks targeting Iranian nuclear and military facilities, sparking retaliation. The exchange of strikes is the first time the arch-enemies have traded fire with such intensity, triggering fears of a prolonged conflict that could engulf the Middle East, even as international leaders urge de-escalation. Here are the latest developments: - Deadly Iranian strikes - Iran unleashed deadly barrages of missiles at Israel overnight Saturday into Sunday, killing at least ten people, including children, and wounding around 200, according to Israeli emergency services. Air raid sirens and booms rang out in Jerusalem and Tel Aviv early Sunday as Israel's military said millions of Israelis were "running for shelter as sirens sound" in dozens of cities and communities around the country. The first wave of Israeli strikes on Iran killed 78 people and wounded 320, according to Iran's ambassador to the United Nations, but Iranian authorities had not provided an updated toll as of early Sunday. Iran also struck sites used by Israeli warplanes for refuelling, the Revolutionary Guards said early Sunday. Israel said it had also intercepted seven drones launched towards its territory, as it worked to head off attacks while carrying out further strikes on Iran. Yemen's Iran-backed Huthi rebels on Sunday said they had launched several missiles at Israel. - Israel expands targets - After targeting Iranian military and nuclear facilities, including killing top brass and scientists, Israel expanded targets to air defences and oil infrastructure. Israeli strikes hit two fuel depots in Tehran, the Iranian oil ministry said Sunday, with AFP journalists reporting seeing fire at the oil depots in Shahran northwest of the Iranian capital. On Saturday, Israel's military said it was attacking dozens of missile launchers in Iran after announcing it had targeted air defences with a wave of strikes in the Tehran area. Iranian news agency Tasnim reported early Sunday that an Israeli strike had also targeted the country's defence ministry headquarters in Tehran and damaged one of its buildings. The defence ministry did not comment. - Faltering nuclear diplomacy - Iranian Foreign Minister Abbas Araghchi said Sunday that Israel had "crossed a new red line" by targeting Iran's nuclear sites, after Tehran on Saturday had pledged to limit its cooperation with the UN's nuclear watchdog, criticising it for its silence over Israeli strikes. "It is entirely clear that the Israeli regime does not want any agreement on the nuclear issue. It does not want negotiations and does not seek diplomacy," Araghchi told foreign diplomats, saying the attack launched on Friday was an "attempt to undermine diplomacy and derail negotiations". The fiercest ever exchange of fire between the arch foes came amid ongoing talks between Tehran and Washington seeking to reach a deal on Iran's nuclear programme. Before the Israeli strikes, the two sides had been set to hold a sixth round of negotiations in Oman on Sunday. Iranian President Masoud Pezeshkian said Saturday that Tehran would not attend nuclear talks with the United States so long as Israel kept up its attacks on the Islamic republic. Western governments have repeatedly accused Iran of seeking a nuclear weapon, which it denies. - International unease - Others states have urged restraint and warned against a larger conflict. US President Donald Trump said he and Russian President Vladimir Putin had agreed in a phone call on Saturday that the conflict between Iran and Israel "should end." But on Sunday morning, Trump issued a warning to Iran saying it would experience "the full strength" of the US military if it attacks the United States, reiterating that Washington "had nothing to do" with Israel's strikes on Tehran's nuclear and intelligence facilities. Iraq -- a close ally of Tehran, but also a strategic partner of Iran's arch-foe the United States -- has approached the Iranian and US governments in a bid to prevent being caught up in a regional escalation. burs-sw/ysm

Israel-Iran Strikes: What Are The Worst Case Scenarios For Oil Markets
Israel-Iran Strikes: What Are The Worst Case Scenarios For Oil Markets

Forbes

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Israel-Iran Strikes: What Are The Worst Case Scenarios For Oil Markets

An oil tanker negotiating shallow waters of northern Persian Gulf. (Photo: by Barry Iverson) Israel-Iran strikes have taken a dangerous turn in recent days. They follow an attack by Israel on the Iran's military and nuclear sites. Ever since tensions escalated on Friday, there have been calls for restraint from the United Nations, U.S., U.K., and European Union but to no avail. Fighting has so far been restricted to the two warring countries. However, the level of the ferocity of the strikes has raised the alarming prospect of a wider conflict in a region that is a key exporter of crude oil. On Friday, Israel's Prime Minister Benjamin Netanyahu said his country's forces had struck nuclear and military targets deep inside Iran and that action will continue until his country has met all its targets. Israeli strikes targeted sites in Arak and Isfahan, as well as Iran's main uranium enrichment site Natanz and its capital Tehran. In retaliation, Iran has launched over a 200 ballistic missile attacks against Israel so far, and counting. It has also called off the ongoing U.S.-Iran nuclear talks and threatened to attack U.S., U.K. and French military bases and ships in the region if they help with stopping its military strikes on Israel. Critically, Iran's oil and gas infrastructure has been left somewhat untouched by Israel. But given the unpredictability of the situation, this can no longer be ruled out. Late on Saturday, the Shahran oil depot in Tehran was hit by Israel, following on from earlier attacks on Iranian natural gas fields. Should Iran's energy infrastructure be hit more widely and the Islamic Republic retaliates to disrupt regional energy supplies or to draw the U.S. into the conflict, there could be consequences of varying degrees of severity for the oil market. Here are a five worst case scenarios, split between what Israel and Iran may do next in an unpredictable and rapidly escalating conflict. Israel may launch an attack on Kharg Oil Terminal, situated on Kharg Island, 15 miles off Iran's northwestern coast. The terminal handles over 90% of the country's global crude oil exports. If such an attack cripples the facility, the domino effect could be instant. It carries the potential for huge disruption, primarily to Iran's exports to China — the world's largest importer of oil. Not only would it contribute to a further short-term spike in prices, but forward oil futures contracts four to six months out may also see upswings. That's because bringing it back onstream would neither be easy nor quick. Instead of a high profile oil export target like the Kharg Terminal, Israel could hammer Iran's domestic energy chain. The Shahran oil depot in Tehran on Saturday by Israel lends weight to this theory. Upscaling the tactic may involve targeting a bigger cluster of oil terminals and hubs in the Southern province of Hormozgan. The region is also home to two free trade zones on Kish and Qeshm Islands. Kish also hosts the Iranian oil bourse — the only exchange of its kind that does not trade oil and derivatives in U.S. dollars. The domestically focused Abadan Refinery - located across Shatt Al-Arab River on the border between Iraq and Iran - could also be an Israeli target. Reliable up-to-date data on the refinery's production capacity is hard to find. But estimates and regional media sources (e.g. Financial Tribune) suggest it could be producing around 400,000 barrels per day. Abadan has symbolic status too as Iran's oldest oil processing facility. Originally built in 1909 by Anglo-Persian oil (which later became BP), it services around 25% of Iran's domestic fuel demand. Any outages there could be crippling for both Iranian consumers as well as the country's military. Mahshahr Oil Terminal, an oil port located on the Khor Musa Channel, is a related target. It stores and shifts products from the Abadan Refinery, and serves as an engineering and jetty construction hub for Iran. If any of these are hit, Iran's domestic supply chain will likely be severely crippled and may require Tehran to redirect resources. Instead of targeting oil production and export facilities, Israel may execute a plan to cripple Iran's natural gas industry. Iran produces just over 270 billion cubic meters of natural gas per year, almost entirely for domestic use. Israel has already attacked two of Israel's gas fields, including Phase 14 of South Pars so far. The attacks could be a harbinger of what may follow. Such targets would have little ramifications for the global natural gas industry, although Iran does share the natural gas basin with Qatar. However, Iran's natural gas production volume equates to around 6% of the world's output. Domestic outages may see Tehran turning to international liquefied natural gas supplies to meet its needs. For its retaliatory measures, many ponder if Iran could shut down the Strait of Hormuz, a key maritime artery for oil and liquefied natural gas shipments from the Persian Gulf out to the Gulf of Oman and beyond (see map below). Cargo volumes lend relevance to such discussions. Iran's own shipments, plus that of Saudi Arabia, Kuwait, Iraq, and to an extent United Arab Emirates' crude - roughly equating to 30% of the world's traded oil - as well as Qatar's LNG cargoes pass through the Strait daily. Strait of Hormuz, a waterway between Persian Gulf and Gulf of Oman, a strategically extremely ... More important choke point, with Iran to the north and UAE and Oman's exclave Musandam to the south. While Iranians could certainly can attempt to close the Strait, they most probably won't, despite junior Iranian political voices currently calling for it. For starters, it would disrupt Iran's own oil shipments. Furthermore, a U.S.-led global retaliation may likely follow that would leave Iran's own coastline and all its ports vulnerable to a vastly superior American air and naval strike arsenal. Nearby Bahrain is home to the U.S. Navy's Fifth Fleet. Any disruption would also irk Iran's number crude oil customer - China. Iran exported on average 1.65 million bpd of oil to China last year. Furthermore, nearly half of crude oil passing through the Strait - whether Iranian or not - in the region of 20.5 million bpd also heads to China. A potential blockade would be very difficult to maintain under pressure from Beijing, the world's main taker of Middle Eastern oil. In an attempt to drag the U.S. into the conflict, Iran may either directly or via its regional proxies in Iraq, Yemen, Lebanon, West Bank and Gaza, attack the energy infrastructure of neighboring Gulf states. This has alleged precedent, for in the past Iran has been accused of targeting Saudi Arabia's oil fields (2019) and an attack in the UAE (2022). While the route of direct attacks remains open to Iran, its regional proxies Hamas and Hezbollah are severely diminished at the moment courtesy of Israel's sustained campaign against them. However, the Houthi Rebels in Yemen - the last standing Iranian proxy ally - remain in a position to ramp up their attacks on commercial shipping, and oil and gas cargoes in the Red Sea - a campaign that began in 2023. Sidestepping energy infrastructure, on Saturday, Iranian officials also warned that the country would attack the military bases of the U.S., U.K. and France in the region, if they are seen to be coming to Israel's defense. All three nations have also have special forces camps and large diplomatic missions in the Gulf. Such a scenario is being widely contemplated in intelligence circles, with U.S. regional forces closely monitoring the situation and the U.K. opting to send more military aircraft to its bases 'for contingency support across the region.' Any such escalation will likely trigger a wider regional war, and prolonged disruption to oil cargoes will likely draw China into a diplomatic row too. As things stand, should one or more of the above scenarios, especially an attack on Iran's Kharg Terminal, materialize during the Israel-Iran strikes, there could be serious near-term ramifications for the global oil and gas markets.

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