Bangladesh has announced a series of new measures to reduce energy consumption, including cutting working hours and lowering public spending, in response to increased pressure on fuel and electricity supplies due to the Israeli-American war on Iran.
Turkey has called on Gulf Arab states to refrain from joining the US-Israel war against Iran, amid rising fears of greater regional escalation. Turkish Foreign Minister Hakan Fidan conducted a diplomatic tour in Saudi Arabia, the UAE, and Qatar, warning of the risks of escalation.
Qatar has announced its refusal to engage in the escalating Israeli-American war against Iran, condemning attacks on countries not involved in the conflict. This statement was made by Qatar's representative to the United Nations in Geneva.
Business confidence in Germany has significantly dropped in March 2023, with new data indicating that the US-Israel war on Iran is contributing to increased volatility in energy and financial markets. The Ifo Business Climate Index fell from <strong>88.4</strong> in February to <strong>86.4</strong>, reflecting concerns over rising energy costs and their impact on inflation.