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The Latest Breaking News from Iran

Dollar Climbs on Hot US PPI and Iran War Escalation

The dollar index (DXY00 ) today is up by +0.30%. The dollar recovered from early losses today and turned higher after US Feb producer prices rose more than expected, a hawkish factor for Fed policy. Also, signs of escalation in the Iran war knocked stocks lower and boosted liquidity demand...

Barchart

Trump wants to strongarm Nato into a new Gulf war. Here’s why Europe must resist

If Europe is sucked into this illegal conflict with Iran, public support for rearmament could collapse – and only Putin will benefit, says Armida van Rij of the Centre for European Reform

The Guardian - UK

Trump waives shipping law as gasoline prices soar

Trump issued a 60-day waiver of the Jones Act, the White House confirmed.

Axios

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Tories set to force vote on scrapping fuel duty increase

Oil and gas prices have been driven up as Iran has throttled key shipping routes through the Strait of Hormuz.

Evening Standard

USS Gerald R. Ford Fire Triggers Navy Probe Into Whether Sailors Sabotaged Ship To End 11-Month Deployment Amid Iran War

The US Navy is investigating whether the fire aboard the USS Gerald R. Ford was deliberately set by sailors, amid a challenging deployment.

International Business Times UK

Pakistan, China pose biggest nuclear threat to US, says Tulsi Gabbard

US intelligence chief Tulsi Gabbard identified Pakistan as a major nuclear threat, alongside Iran, China, Russia, and North Korea. These nations are developing advanced missile systems capable of reaching the US homeland. Gabbard also noted North Korea's growing ties with Russia and China, while stating Iran's nuclear program was effectively…

The Times of India

White House says Joe Kent was not involved in Iran operation talks, reaffirms Donald Trump’s confidence in Tulsi Gabbard

White House press secretary Karoline Leavitt defended President Trump's Iran war decision, stating former NCTC chief Joe Kent was not involved in discussions. Leavitt asserted Trump has full confidence in DNI Tulsi Gabbard, countering Kent's claim of no imminent threat. She highlighted intelligence indicating Iran's nuclear ambitions and aggressive missile…

The Times of India

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Trump Administration Eliminated Energy Experts Who Model Oil Market Shocks Ahead Of Iran Strikes — Elevates Risk Of Price Surges

Cuts to US energy offices under the Trump administration are under scrutiny as Iran war strikes rattle oil markets and complicate efforts to manage the global energy crisis.

International Business Times UK

Group that helped plan January 6 event awarded $13 million in no-bid contracts from Trump team: report

The way in which the company was awarded the contracts signals the firm’s ‘special treatment’ due to its close ties to Trumpworld, according to the report

The Independent UK

Stocks Fall as US PPI Jumps and Iran War Escalates

The S&P 500 Index ($SPX ) (SPY ) today is down -0.24%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.21%. March E-mini S&P futures (ESH26 ) are down -0.30%, and March E-mini Nasdaq futures...

Barchart

'Working on new dates': China agreed to postpone Trump's Beijing visit, says White House

President Trump's planned visit to Beijing, initially scheduled for late March, has been postponed by approximately five to six weeks. White House officials confirmed the delay, citing ongoing communication with China regarding new dates. The postponement is attributed to the current focus on the war with Iran, which is significantly…

The Times of India

Who blinks first: What Iran’s Strait of Hormuz strategy reveals about its war goals

Attacks on ships in Hormuz and strikes across the region expose Tehran's strategy of gradual escalation and long war, testing US, Israeli and Gulf resolve.

Euronews

US eases Venezuela oil sanctions as Trump seeks to boost world oil supply during Iran war

The Treasury Department is easing sanctions on Venezuela’s state oil company, with some limits

The Independent UK

Who Runs Iran? Donald Trump Questions if New Supreme Leader Mojtaba Khamenei Is Alive or Dead

Donald Trump has cast doubt on whether Iran's new supreme leader Mojtaba Khamenei is alive as assassinations hollow out Tehran's leadership and power consolidates around the Revolutionary Guard.

International Business Times UK

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The Independent UK

Iran women's soccer team returns home after some players sought asylum, Iranian media reports

Iranian media is reporting that Iran’s national women’s soccer team has returned to the Islamic Republic after several of the players sought asylum in Australia

Fortune

The Iran war and high gas prices are getting Americans excited about EVs again

As the war in Iran sends gas prices surging, the world's growing electric vehicle fleet is providing a buffer. In America, it may finally be enough to win over reluctant buyers.

The Independent UK

Trump can’t get his spelling ‘Straight’ in post bashing US allies over Hormuz refusal

President lately has been fixated on whether it is ‘Straits’ or ‘Strait’ of Hormuz but either way, his Truth post botched the execution

The Independent UK

Many in Egypt struggle as the costs of a distant war drive up prices in local markets

Rising energy costs caused by the Iran war have forced Egypt to hike fuel and cooking gas prices, hitting the country's already struggling poor and middle classes hard

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The Independent UK

Who is Esmail Khatib? The Iranian intelligence minister Israel claims to have killed

IN FULL

The Guardian - US

US contractors stranded in Iraq under threat of imminent attack: ‘We are sitting ducks’

More than 200 Americans at Balad site say they have no evacuation plan as fears grow of a post-Ramadan assault

The Independent UK

Japan's leader heads to Washington for a visit complicated by the Iran war fallout

Japanese Prime Minister Sanae Takaichi is heading to the United States for what she expects to be a “very difficult” meeting with U.S. President Donald Trump

The Independent UK

Why Iran’s ‘drifting’ mines in the Strait of Hormuz will be so difficult to clear – despite Trump’s claim ‘we don’t need help’

Experts tell The Independent that mine clearance is a ‘slow and grinding business’

Euronews

China treads carefully on Iran war as it balances energy security and neutrality

The Iran war is disrupting global energy flows and increasing the risk of wider regional escalation, leaving major economies such as China walking a tightrope.

Fortune

Sri Lanka just launched a four-day work week and declared Wednesdays a holiday—and the Iran War is why

Sri Lanka is giving workers Wednesdays off to save fuel amid Iran war—and other Asian countries are quietly turning to four‑day weeks and WFH too.

Evening Standard

Trump criticises allies over reluctance to commit to Strait of Hormuz defence

Sir Keir Starmer insisted he would not allow the UK to be drawn into a wider war as Donald Trump maintained his criticism of allies.

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