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The Latest Breaking News from Iran

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

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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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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

The Independent UK

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

Caixin Global

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 Independent UK

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.

The Times of India

‘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 Guardian - UK

'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 Times of India

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

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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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The Independent UK

Trump’s approval rating dips to new second-term low as top pollster warns of ‘profound problems’ emerging with his base

The president now has less support than he did after he shocked the world economy with tariffs last year

The Conversation

LNG vs pumped hydro: will NZ choose to import risk or build cleaner resilience?

As the escalating US-Israel war on Iran drives a global fuel supply crisis, New Zealand is eyeing two major – and very different – projects aimed at bolstering its long-term energy security.

The Times of India

Trump shares video of massive explosions in Iran's Isfahan following US-Israeli strikes; bunker-busters used?

US President Donald Trump intensified his rhetoric on the military campaign against Iran, sharing a striking image of Isfahan ablaze following Operation Epic Fury. American forces reportedly used powerful bunker-buster bombs on a large ammunition depot in the city, which also houses facilities linked to Iran's nuclear program. This follows…

The Conversation

Why a second global shipping chokepoint could soon live up to its name as the ‘Gate of Tears’

If you’d never heard of the Strait of Hormuz before, you probably have by now. Iran’s effective closure of the waterway, which usually carries about 20% of the world’s oil and gas, has put severe pressure on the global economy.

The Times of India

'Fabricated': Pentagon rejects report that Pete Hegseth attempted defence investments before US-Israel attacked Iran

A report alleged a broker explored defense investments before US-Israeli strikes on Iran. Sean Parnell, assistant to US War Secretary Pete Hegseth, has vehemently denied these claims. He stated the allegations are false and fabricated. Parnell demanded an immediate retraction of the report. Secretary Hegseth and the Department of War…

The Independent UK

Oil-thirsty Asian nations seek Russian crude as Iran war strains supplies

Asian nations are increasingly competing for Russian crude oil as an energy crisis mounts amid the U.S. and Israeli war in Iran, which has choked off roughly a fifth of the world’s oil supply

The Times of India

Iran strikes fully loaded Kuwaiti oil tanker at Dubai port; spill risk flagged

A Kuwaiti crude oil tanker anchored off Dubai was targeted in a direct Iranian attack, igniting a fire and damaging its hull. This incident, involving drone strikes, follows a pattern of attacks on commercial shipping in the Gulf. Dubai authorities are managing the blaze, with all 24 crew members reported…

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