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The Latest Breaking News from Iran

Blackrock boss warns of ‘stark global recession’ if oil prices hit $150 due to Iran war

Larry Fink warns those on lower incomes will be harder hit than the wealthy if energy prices continue to soar

The Independent UK

‘Trump should send his own son first’: Jesse Ventura says ‘draft-dodging coward’ Trump must send Barron to Iran

"How can you send somebody else's kids to a war if you can't send your own?"

We Got This Covered

Pakistan Super League to be played in empty stadiums as Iran war triggers fuel crisis

The Pakistan Super League is due to get underway on Thursday, but it will be played without spectators

The Independent UK

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First Thing: US reportedly poised to send airborne troops to Middle East

Iran has targeted Israel and Gulf states while denying Trump’s claims that any negotiations are taking place. Plus, Democrats flip seat in district that includes Mar-a-Lago

The Guardian - UK

U.S. actions in Iran are politically motivated, not the result of intelligence failures

Intelligence agencies are often blamed when the use of military force has an unexpected or negative outcome. Pundits often argue leaders end up in difficult situations because they are not fully informed, or intelligence agencies got it wrong.

The Conversation

How oil traders bet millions just minutes before Trump’s Iran ‘peace talks’ post

IN FULL

The Independent UK

Larry Fink says the Iran war ends in one of two extremes: Abundance, growth, and oil at $40 a barrel, or a global recession and years of oil at $150

“I could paint a scenario where I could see, a year from now, oil at $40 a barrel; I could see it above $150—we have two very extreme outcomes,” Fink told the BBC this morning.

Fortune

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US deploys 2,000 paratroopers from ‘Immediate Response Force’ to Middle East amid escalation: Report

Around 2,000 elite paratroopers are heading to the Middle East, bolstering US military options as President Trump explores diplomatic avenues with Iran. This deployment, alongside thousands of Marines, signals a significant escalation. The troops could be positioned for operations near Iran's oil hub, Kharg Island, or to secure vital shipping…

The Times of India

Iran War Quietly Strains UK and Europe as Hidden Economic and Security Risks Escalate

The Iran conflict is quietly driving inflation, reshaping trade and testing security policies across the UK and Europe, with growing risks to daily life.

International Business Times UK

On Iran, Trump is open to a deal but he also has 'a fist, waiting to punch you in the [expletive] face,' a White House insider says

Everything you need to know before you reach the office this morning.

Fortune

Russia uses old campaign to mock Europe for ‘self-castrating’ over energy

Is Europe “self-castrating” by refusing to go back to Russian energy, despite the war between the US and Iran? Russia’s Foreign Ministry spokesperson uses a 2021 Dutch energy campaign to mock the EU’s energy deficiency.

Euronews

What Is the 82nd Airborne Division? America's Elite Paratroopers Deployed to the Middle East Explained

As tensions escalate between Israel and Iran, officials say at least 1,000 paratroopers could deploy within days, joining tens of thousands of US troops already in the region.

International Business Times UK

Asia braces for ‘Covid-like’ crisis as impacts from Iran war fuel shortage widen

Petrol stations run dry as countries take measures to reserve energy amid uncertainty over ongoing Middle East crisis

The Independent UK

Why is UK inflation steady and how will the Iran war affect it?

February’s inflation rate of 3% means if an item cost £100 a year ago, it would now cost £103.

Evening Standard

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The Independent UK

Trump declares ‘fake news’ wants to prolong Iran conflict

IN FULL

The Guardian - US

Trump’s war in Iran exposes US’s shift from a global guardian to an arbiter of chaos

The US is recklessly spreading economic havoc among global friends and foes while suffering little harm itself

Euronews

Iran war impact on civilians 'profound,' UNHCR chief tells Euronews

The impact for civilians across the region is "profound" and poses a "terrible humanitarian challenge," UN refugee agency chief Barham Salih told Euronews' morning show Europe Today.

The Times of India

Over 50% of GCC’s population are expats, with Indians leading at 9.1 million and Bangladeshis at 5 million

A region long seen as a hub of opportunity is now navigating uncertainty as geopolitical tensions escalate. Nearly 62 million people living across the Gulf Cooperation Council (GCC) countries are caught in the broader impact of the ongoing US-Israel war on Iran, with foreign workers forming a significant part of…

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International Business Times UK

Trump Faces Backlash After Claiming '100% Victory' in Iran Conflict While Troops Reportedly Short on Weapons

Donald Trump claims a '100% victory' in the Iran conflict and hints at negotiations, but backlash grows as troops reportedly face shortages.

Caixin Global

Energy Insider: Geopolitical Tensions Drive Calls for Deeper Energy Cooperation

Middle East conflict disrupts global aviation market, Chinese-owned freighter uses Iran’s maritime ‘safe corridor’

The Guardian - UK

Europe could face fuel shortage by April as Iran throttles supplies, says Shell boss

Wael Sawan warns of pressure on diesel and petrol if strait of Hormuz does not reopen to oil and gas shipping

The Independent UK

Top central banker thinks businesses may be quicker to raise prices due to Iran war

Businesses might be quicker to raise prices in response to the Iran war due to bitter memories of the energy price inflation that broke out after Russia invaded Ukraine

Whats Hot

Iran ready for peace talks—but not with Trump or Kushner. Instead, they want…

As diplomatic efforts intensify to end the ongoing conflict between the United States and Iran, new reports suggest that Tehran has conveyed a preference for engaging directly with US Vice President JD Vance rather than other senior figures in the Trump administration.

The Independent UK

Iran rejects Trump peace deal and vows never to agree with US leader

Iran has dismissed claims by President Donald Trump that diplomacy is back on track, saying that its military will "never come to terms" with him. Trump reportedly offered Iran a 15-point plan to end the conflict via mediators, claiming Iran "want to make a deal so badly" and agreed to…

The Independent UK

Soaring oil prices spark fear of global recession

Fears of a global recession have emerged due to soaring prices, exacerbated by the conflict in the Middle East. Larry Fink, CEO of BlackRock, has predicted a global recession if oil prices reach $150 a barrel, citing "profound implications" should Iran remain a threat. UK Chancellor Rachel Reeves warned that…

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