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The Latest Breaking News from Iran

Global Economy at Tipping Point as Iran War Oil Surge Sparks Financial Crisis Fears

Economists warn the Iran war oil surge could slow US growth and drive inflation, with ripple effects across food, energy and global markets. Fears of a wider economic crisis are growing.

International Business Times UK

What is the Jones Act? Trump issues 60-day waiver of century-old law amid Iran war

The law, passed in 1920, aims to protect the American shipping sector

The Independent UK

Can Trump End the Iran Conflict Without Damaging His Presidential Legacy?

Explore the complexities of President Trump's military strategy in Iran, highlighting the challenges of entering and exiting conflicts, the impact on global energy markets, and the political ramifications at home and abroad.

International Business Times UK

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Khamenei Rejects Ceasefire—'Not Right Time For Peace' After Larijani Killing, Warns US Must 'Pay'

Ayatollah Mojtaba Khamenei, Iran's new supreme leader, rejects peace talks with the US following the killing of a key Iranian insider, escalating tensions.

International Business Times UK

Oil surges to $110 a barrel after Israel strikes Iran's energy facilities

Brent crude oil prices surged to $110 a barrel after Israel attacked the largest gas plant and another oil facility in Iran. The Islamic Revolutionary Guard Corps of Iran (IRGC) reacted by announcing that some Gulf energy sites are "legitimate targets".

Euronews

Oil prices hit nearly $110 as Iran vows to escalate the war in ‘new ways’

Israel attacked the world’s largest natural gas field in a coordinated attack with the U.S.

Fortune

Iran leadership decimated: Which top figures were killed in US-Israeli strikes?

A series of US-Israeli strikes since February 28 has killed Iran's Supreme Leader Ayatollah Ali Khamenei and several other top political and military figures. These unprecedented attacks have created a leadership vacuum, intensified regional conflict, and disrupted ongoing nuclear talks, pushing the Middle East into a new phase of instability.

The Times of India

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Looking for leverage: China keeps close eye on US politics after summit delay

Beijing seeks to decipher effect of Iran war on US midterms and best way to apply pressure when Trump meets Xi

The Guardian - UK

Stocks Pressured by Inflation Concerns and Iran War Jitters

The S&P 500 Index ($SPX ) (SPY ) today is down -0.55%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.82%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.50%. March E-mini S&P futures (ESH26 ) are down -0.48%, and March E-mini Nasdaq futures...

Barchart

Zelensky warns Russia could benefit from Iran war

IN FULL

The Independent UK

What to know about the Jones Act as the Trump administration unveils a 60-day waiver

As the U.S. and Israel’s war against Iran continues to upend energy markets and supply chains worldwide, the Trump administration says it will temporarily waive maritime shipping requirements under a more than century-old law known as the Jones Act

The Independent UK

Trump 'Not Exactly Thrilled' After NATO's 'Foolish Mistake' on Iran War, Europe Faces Fallout

Donald Trump criticises NATO for rejecting a US request during the Iran war, calling the move 'foolish' while insisting America does not need help. The fallout could reshape trust across Europe.

International Business Times UK

Macy’s store changes pay off as retailer reports strong Q4 results but braces for Iran war woes

Macy's is contending with the same hurdles that have pummeled its rivals and the retailer sector as a whole

The Independent UK

The U.S. attacked Iran to show its power but the war is already lost. Epic Fury looks like an Epic Fail

Even if Iran is militarily defeated, the U.S. political objectives are unlikely to be achieved — and Washington will stumble out of this war.

Fortune

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The Guardian - US

Trump waives US shipping law for oil and gas in bid to lower prices

Move comes as president attempts to mitigate rising price of oil while carrying out war on Iran

International Business Times UK

Benjamin Netanyahu's Ghost: Why Elon Musk's AI is Fueling the Deadliest Conspiracy Theory in the Middle East

Netanyahu's 'proof-of-life' video with Mike Huckabee quashed death rumours, but Grok first called it AI-generated before reversing, highlighting deepfake risks in the Iran war.

The Independent UK

Three-time Trump voter goes off on the president after Iran war spikes gas prices

A three-time Donald Trump voter had some harsh words for the president after gas prices surged amid the ongoing Iranian conflict.

International Business Times

Cuban President Vows Fierce Resistance to 'Any External Aggressor' After Trump Hinted at U.S. Invasion

Cuban President Miguel Díaz-Canel Bermúdez responded to President Trump's recent saber-rattling, saying that any attack on the island would be met with an "impregnable resistance.

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The Independent UK

Trump has new plan to ‘rebalance’ media to force them to air more patriotic programming, according to FCC chair

New Trump administration efforts to reshape broadcasting come amid threats to revoke licenses over Iran‑war reporting

The Times of India

Choke on Strait of Hormuz hurts many nations, US is not one of them - in fact, it profits

President Donald Trump's recent appeal to Asian allies to help secure the Strait of Hormuz amid escalating tensions in the war against Iran, bluntly brought to focus their outsized reliance: "Countries that receive oil through the Strait of Hormuz must take care of that passage — China, Japan, South Korea…

The Independent UK

Unlike Trump, Iran’s regime has been plotting this war for decades

ANALYSIS: Iran’s regime has spent years making plans to cope without its leadership and built a defence designed to survive and draw the US into an unwinnable ground war, writes world affairs editor Sam Kiley

Barchart

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...

The Guardian - UK

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

Axios

Trump waives shipping law as gasoline prices soar

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

Evening Standard

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.

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