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The Latest Breaking News from Iran

US inflation stayed flat at 2.4% in February before effects of war on Iran kicked in

Effect of war on prices not reflected in data, as Trump says only ‘fools’ would think oil price shocks would be significant

The Guardian - US

Iran war has blocked the Strait of Hormuz, a vital oil chokepoint. Reopening it is a big challenge

Governments are working on plans to unblock vital oil chokepoint the Strait of Hormuz

The Independent UK

First Thing: US attacks Iran’s mine-laying boats in strait of Hormuz as tensions rise over oil

Iran’s IRGC has said it will not allow even ‘one litre’ to leave the region if US-Israeli attacks continue. Plus, how gen Z women are conquering country music

The Guardian - UK

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Oil isn’t just fuel: Iran conflict could disrupt markets for everything from plastics to fertilizers

Tensions in the Middle East often trigger concerns about rising gasoline prices. But disruptions to oil supplies could affect much more than the cost of filling up a car. That’s because crude oil is not only burned as fuel. It is also the raw material for thousands of products that…

The Conversation

US military leans into AI for attack on Iran, but the tech doesn’t lessen the need for human judgment in war

The U.S. military was able “to strike a blistering 1,000 targets in the first 24 hours of its attack on Iran” thanks in part to its use of artificial intelligence, according to The Washington Post. The military has used Claude, the AI tool from Anthropic, combined with Palantir’s Maven system,…

The Conversation

Iran unleashes intense waves of strikes across Gulf as Hormuz crisis deepens

Iran intensifies missile and drone attacks across the Gulf, hitting near Dubai and Qatar as air defences respond, defying US President Trump’s claims that the war is winding down.

Euronews

Rand Paul Warns Republicans Will Face a 'Disastrous Election' If War In Iran Continues

Republican Senator Rand Paul warned that Republicans will face a "disastrous election" in the midterms if the war in Iran continues.

International Business Times

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Watch: Is Europe ready for Iranian refugees?

While the news cycle obsesses over tactical maps, your reporter is looking at the people. US President Donald Trump has called the Iran war "a short-term excursion" but if he is wrong, Europe could deal with a refugee crisis of a significant magnitude.

Euronews

Mojtaba Khamenei was hurt in strike that killed his father, Iran’s Cyprus ambassador confirms

Alireza Salarian says Iran’s new supreme leader was lucky to survive strike that killed six of his family members

The Guardian - UK

Oil Market Volatility Eases After Initial Supply Shock From Iran Conflict

Oil prices eased after briefly surging above $100 as fears of major supply disruptions from the Iran conflict began to calm.

International Business Times

‘Severe water stress’: why desalination plants are the Gulf’s greatest weakness

Recent attack on plants led to fears of escalating strikes, but Iran knows drought has left it equally vulnerable

The Guardian - UK

Global Oil Supply at Risk As US Navy Refuses to Escort Commercial Tankers Through Hormuz in Fear of Iranian Attacks

The US Navy has declined daily shipping requests for military escorts through the Strait of Hormuz, citing the risk of Iranian attacks as too high amid the ongoing conflict.

International Business Times UK

Oil wars: West releases record 400 million barrels as Iran hits cargo ships in Strait of Hormuz

Meanwhile Tehran threatens to target banks and financial centres in Middle East as Chancellor Rachel Reeves issues warning on inflation and interest rates

Evening Standard

Germany, Austria say they'll release oil from reserves in response to 400 million barrel request

Germany and Austria say they are releasing parts of their oil reserves following an International Energy Agency request for its members to release 400 million barrels to help temper energy price spikes due to the Iran war

The Independent UK

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International Business Times

Iran War Jolts Crypto Markets As Bitcoin Swings And Capital Moves Across Exchanges

Millions of dollars worth of cryptocurrency were withdrawn from Iranian exchanges shortly after the first strikes, suggesting investors were attempting to move funds to safer platforms amid fears of sanctions escalation or domestic financial restrictions.

The Independent UK

Trump’s plan in Iran is not ‘regime change’ but ‘endless war,’ senior Democrat says after intelligence briefing

'Incoherent' aims and 'unforgiveable' lack of foresight mean Trump administration has 'no plans' on how to re-open Strait of Hormuz or exit war

International Business Times UK

'Brain Is Broken': Critics Mock Trump After Slurred Speech During Iran Press Conference

Donald Trump's recent slurred speech and spiritual doubts spark speculation about his mental state and his remaining years, drawing sharp criticism from former allies.

Fortune

Trump may claim the war is 'complete,' but Wall Street expects the Fed to stay hawkish on its effect long after the conflict has ended

Even if the war winds down around month-end, that's still enough time "to cause psychic damage to investors, consumers, and adversely affect economic data for the April release cycle in May," Macquarie economists warned.

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International Business Times UK

'We Should Not Join War on Iran' – Farage's Sudden U-Turn Post-Mar-a-Lago Snub

Farage Iran U-turn sees Reform UK leader urge Britain to avoid war on Iran, citing military limits, days after Florida snub. Amid fuel price hikes, polling shows public opposition to involvement

International Business Times

Missiles, Airstrikes And Ship Attacks Mark Dangerous New Phase Of US–Iran War

Iranian forces launched a wave of missiles targeting major Israeli cities including Tel Aviv and Haifa as the conflict entered its 12th day. The strikes marked a significant escalation in Iran's response to ongoing U.S. and Israeli military operations against Iranian infrastructure and military facilities.

Barchart

Ongoing U.S.-Iran Conflict Could Create a Buying Opportunity in These 2 Stocks

Aluminum prices surge amid U.S.-Iran tensions, boosting investor interest in AA and CENX for potential supply-disruption gains.

The Independent UK

Tracing the US military's learning curve on fighting Iran's drones: What to know

The Iran war is testing America's ability to combat swarms of cheap drones that have become a staple of the modern battlefield after Ukraine and Russia demonstrated how effective they can be

Fortune

Iran’s new supreme leader is injured but reportedly ‘safe' as traders sour on war exit strategy

Sentiment sours on war exit strategy.

GOBankingRates

How Much Gas Prices Have Increased in Every State Since Iran Conflict Began

Costs are up in every state since the U.S. and Israel attacked Iran on Feb. 28.

We Got This Covered

‘A disaster of epic proportions’: Democrat emerges from classified Iran war briefing horrified at Trump’s ‘totally incoherent’ plans

"We are not gonna be able to achieve any of our stated objectives."

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