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The Latest Breaking News from Iran

Why $138 is the key mark for oil prices and what it means for the future of the US economy

Analysts are keeping a close eye on the developments in the Middle East amid President Donald Trump’s war on Iran, and are paying particular attention to oil prices

The Independent UK

Crude Oil Prices Strengthen as Iran Escalates Attacks on Energy Infrastructure

April WTI crude oil (CLJ26 ) today is up +1.04 (+1.08%), and April RBOB gasoline (RBJ26 ) is up +0.0425 (+1.37%). Crude oil and gasoline prices are moving higher today, with gasoline climbing to a 3.5-year high. Escalation of the Iran war is pushing energy prices higher as Iran escalates...

Barchart

Pete Hegseth’s increasingly desperate Iran war pleas reveal secret doubts about the mission

ANALYSIS: As he flailed between a clearly fictional story about his teenage son and pleas to the American people to stop reading the media, Hegseth looked newly and undeniably desperate, writes Holly Baxter

The Independent UK

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Iran war has 'material impact' on inflation, ECB's Lagarde warns

ECB holds rates, warning Middle East tensions and oil risks could push inflation higher. Baseline sees 2.6% in 2026, but energy shocks could lift it to 3.5% or 4.4%, depending on how long supply disruptions persist.

Euronews

US fighter jet forced to make emergency landing and is first plane hit by Iranian fire since start of war

The jet was forced to make an emergency landing in the Middle East, sources said

The Independent UK

Stocks Retreat as Inflation Fears Push Bond Yields Higher

The S&P 500 Index ($SPX ) (SPY ) today is down -0.43%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.44%. March E-mini S&P futures (ESH26 ) are down -0.40%, and March E-mini Nasdaq futures...

Barchart

Major Gulf airlines change loyalty requirements as Iran war impacts flights

Etihad and Qatar Airways have modified their loyalty programme requirements reflecting the reduction in air travel.

Euronews

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Seven U.S. allies back potential Strait of Hormuz coalition

The U.K. led the charge, but the statement is only symbolic for now.

Axios

Swinney says UK Government security briefing cancelled over lack of ‘babysitter’

The First Minister said there was a ‘suggestion’ Scottish Secretary Douglas Alexander would need to be at the briefing.

Evening Standard

Oman’s foreign minister says war in Iran is Trump’s ‘greatest miscalculation’ in scathing attack

Badr Albusaidi said ‘this is not America’s war’ and criticised Washington for supporting Israel

The Independent UK

No timeframe for ending US war against Iran, says Pete Hegseth

US defense secretary suggests Thursday will be ‘largest strike package yet … death and destruction from above’

The Guardian - US

Furious Pete Hegseth insists war with Iran is NOT a quagmire, actually going super well

And it's not an "endless abyss" OR a "forever war" either!

We Got This Covered

Donald Trump cooked a story to justify U.S. Iran attacks, but forgot to share the tale with his own intelligence chiefs

Even lying needs brain cells.

We Got This Covered

Global stock markets slide as oil market volatility rattles investors

Increased targeting of oil and gas infrastructure in the Iran war is hitting trader sentiment hard as concerns mount that the current energy crisis is going to have a lasting impact on the global economy.

Euronews

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The Independent UK

Netanyahu’s energy strikes on Iran are a possible war crime – and straight out of Putin’s playbook

COMMENT: The Israeli bombing of the South Pars gas field has chilling parallels to Russia’s bombing of Ukrainian infrastructure, which has been condemned as a possible war crime. World affairs editor Sam Kiley writes that such a strategy will cause needless pain and do nothing to bring the regime to…

The Conversation

What to expect next from the ‘special relationship’ as Trump again lashes out at Keir Starmer

Operation Epic Fury unleashed overwhelming firepower on Iran and a Trump broadside against Britain’s prime minister. The president belittled Keir Starmer as being no comparison to Winston Churchill, raged against caveated British support and placed Britain’s standing as America’s “greatest ally” firmly in the past tense.

The Conversation

Oil price surge is hurting African economies: scholars in Ethiopia, Kenya, Nigeria, Senegal and South Africa take stock

The attacks by the US and Israel on Iran, which started on 28 February 2026, upended key supply chains, driving oil prices above US$100 a barrel. The spike followed Iran’s closure of the Strait of Hormuz in response to the US and Israeli action. About 20% of the world’s oil…

Euronews

Iran hangs three men, including 19-year-old wrestler, in first executions over January protests

Rights groups said the trio, who included a teenager who had taken part in international wrestling competitions, were executed without a fair trial and had given confessions under torture.

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Barchart

Dollar Falls and Gold Plunges on Hawkish Global Central Banks

The dollar index (DXY00 ) today is down by -0.45%. The dollar is under pressure today after the British pound, the euro, and Japanese yen rallied when the BOE, ECB, and BOJ made hawkish comments about the inflationary aspects of soaring energy prices from the war in Iran. Losses in...

International Business Times UK

'Aliens.gov' Registered: White House Sparks Global Frenzy Over Secret UFO Files

Author Michael Wolff warns that Donald Trump's second term is facing a 'political catastrophe' amid a deepening war with Iran and a collapse in public approval.

The Guardian - US

Stephen Colbert on DHS pick Markwayne Mullin: ‘Has a history of being real dumb and real angry about it’

Late-night hosts discussed the confirmation hearing for Trump’s new homeland security pick, the about-face by Republicans on Iran and the war’s sticker-shock for ordinary Americans

The Times of India

Trump-Netanyahu split out in open? Intel chief says Israel's goals in Iran not same as US

US intelligence chief Tulsi Gabbard revealed differing objectives between the US and Israel in their campaign against Iran. While President Trump aims to destroy Iran's missile capabilities and navy, Israel focuses on disabling its leadership.

International Business Times UK

Is This The End For Donald Trump? POTUS Allegedly 'Cannot Recover' As Approval Ratings Sink Amid Iran War Crisis

With the Iran war escalating and a new poll putting Donald Trump 14 points underwater, author Michael Wolff warns the president's second term is sliding from crisis to 'political catastrophe.'

Saving Advice

The New Wave of ‘Patriotic’ Scams: How Criminals Are Using the Iran Conflict to Drain Savings

Many of us have been focused on the news recently. Everything seems a little “doom and gloom” out there. But the conflict in Iran has...

The Independent UK

Israel’s attack on Iran’s biggest gas field is a major escalation – here’s why

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