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The Latest Breaking News from Iran

Oil price jumps to $118 a barrel after Trump comments; cost of filling up family car with diesel passes £100 – as it happened

Full tank of petrol now costs £84, as drivers face more than £500m in higher fuel costs due to oil crisis

The Guardian - UK

Netanyahu says Iran war goals achieved 'beyond halfway point' as strikes continue across Middle East

Israeli Prime Minister Benjamin Netanyahu, Trump's partner in attacking Iran, said more than half of his military aims had been achieved, but both leaders refused to put a timeline on an operation that has ignited a month-long regional war and jolted global markets.

Euronews

Pressure, not peace yet: How Saudi, UAE, Kuwait want the Iran war to go

The United States’ Gulf allies, led by Saudi Arabia and the UAE, have reportedly urged US President Donald Trump to continue military action against Iran, arguing that Tehran has not been sufficiently weakened by the monthlong US-led bombing campaign, according to American, Gulf, and Israeli officials.

The Times of India

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Newsletter: Lebanese minister says situation ‘dramatic’ as Israel expands ground invasion

Also in this newsletter: Euronews exclusively previews an EU statement on the Israeli bill re-introducing the death penalty, passed by the Knesset on Monday.

Euronews

US Escalates Strikes on Iran Under ‘Operation Epic Fury’, Targets Isfahan Facility

The United States has intensified its military campaign against Iran, with President Donald Trump escalating both rhetoric and operational messaging early Tuesday. The latest developments highlight a significant expansion of strikes under the ongoing campaign, codenamed Operation Epic Fury. In a notable move, Trump shared a video on Truth Social…

Whats Hot

Prime Minister to chair Cobra meeting on economic hit of Iran war

Sir Keir Starmer told business leaders on Monday that it must be a ‘joint effort’ to tackle the impact of the war.

Evening Standard

Trump suffers approval rating slump amid Iran war and spike in gas prices

IN FULL

The Independent UK

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US attacks Iranian nuclear site while Tehran hits oil tanker off the Dubai coast

A likely strike by the United States hit the central Iranian city of Isfahan, sending a massive fireball into the sky, and Tehran struck a fully loaded Kuwaiti oil tanker in the Persian Gulf

The Independent UK

Trump threatens to ‘obliterate’ Iran’s energy facilities if peace talks fail

IN FULL

The Independent UK

Trump Iran Threat 'No Deal, No Infrastructure' Warning Shakes Strait of Hormuz Talks

Trump warns Iran of targeting civilian energy and water systems if Strait of Hormuz deal fails, raising oil market and Middle East tensions

International Business Times UK

Oil above $115 as markets grapple with uncertainty over Trump’s next move

Oil prices climbed higher by early afternoon in Europe, following news about further escalation of the war in Iran.

Euronews

Brazil’s dual-fuel ethanol fleet stabilizes gasoline prices despite Iran war oil shock

Brazil is finding protection in a decades-old buffer against shocks that is both cheap and environmentally friendly as global oil markets tremble amid the escalating conflict in the Middle East

The Independent UK

Iran war sparks renewables boom as Europeans rush to buy solar, heat pumps and EVs

The war on Iran has become a catalyst for green technology, as Europeans scramble to find less volatile alternatives to oil and gas.

Euronews

Real wages in Europe near pre-pandemic levels, but Iran crisis clouds outlook

The post-pandemic surge in inflation across Europe reduced the purchasing power of advertised wages in major economies. In some countries, wages have now caught up, but in others they still lag behind.

Euronews

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The Independent UK

Oil steadies and Asian stocks are mostly lower on mixed signs on Iran

Oil prices have steadied and Asian stocks are mostly trading lower, as signs of a de-escalation of the Iran war remain mixed

Caixin Global

Business Brief (March 31): China Targets Excessive Competition in Tech, Green Industries

Memory chip prices drop in Chinese electronics hubs, including Shenzhen; Kweichow Moutai raises flagship liquor prices

The Independent UK

The Latest: Fighting as Israel invades Lebanon kills UN peacekeepers and Israeli troops

Officials say fighting as Israel invades southern Lebanon has killed U.N. peacekeepers and Israeli soldiers as U.S. President Donald Trump and Iranian officials issued contradictory statements about negotiations to end their war

The Times of India

Willing to end war without re-opening Hormuz, Donald Trump tells aides as Iran refuses to budge

President Trump is reportedly willing to end the conflict without reopening the Strait of Hormuz, opting instead to weaken Iran's military capabilities and increase diplomatic pressure. This shift comes as an operation to unblock the strait was deemed likely to extend the conflict beyond his preferred timeline.

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The Guardian - UK

‘There’s no safe place here’: Kuwaiti tanker hit by Iranian drone attack in Dubai port

Dozens of other vessels leave area after drone strike causes fire onboard tanker owned by Kuwait’s state oil company

The Times of India

'India a better mediator than Pakistan': Israeli envoy on Middle East war

Israel's envoy dismisses Pakistan's mediation efforts in the Middle East conflict, favoring India as a 'better mediator.' She highlighted significant military gains against Iran's proxies and internal instability within Iran. The envoy also emphasized a dual-track US strategy of diplomacy and military pressure, ruling out compromise on Iran's nuclear program.

The Independent UK

JetBlue is raising the price of checked bags by at least $4 as airline grapples with higher fuel costs

The budget-friendly airline appears to be the first major U.S. carrier to hike baggage fees amidst the fallout from the U.S.-Israeli war with Iran — but it may not be the last

The Independent UK

Federal 'God squad' poised to exempt oil and gas drilling in the Gulf from endangered species rules

Trump administration officials will soon consider exempting oil and gas drilling in the Gulf of Mexico from the Endangered Species Act

The Independent UK

China factory activity rebounds in March as Iran war looms over growth

China is reporting that factory activity expanded in March, reversing two straight months of contraction

The Guardian - AU

Emirates says Iranian nationals are not allowed to enter or transit through UAE – as it happened

This blog is closed.

The Independent UK

Iran-US war latest: Trump says conflict will end in ‘two to three weeks’ as drone sparks fire at Kuwait airport

Donald Trump said the US will be leaving the Middle East ‘very soon’

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