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The Latest Breaking News from Iran

Dollar Closes Little Changed as Oil Prices Plunge

The dollar index (DXY00 ) on Tuesday spent most of the day on the downside, then recovered a bit in the afternoon, ending little changed. The dollar came under downward pressure from Tuesday's nearly -12% plunge in oil prices, which was dovish for Fed policy. However, the dollar had underlying...

Barchart

Morning Mail: Two more Iranians reportedly seek asylum, Labor alarm at PM’s war stance, mastering ‘green confetti’

Reports suggest two more members of the Iranian women’s football team have opted to stay; could the Middle East war derail Albanese?

The Guardian - AU

Iran is becoming more defiant in face of US-Israeli onslaught

Tehran spurns Trump envoy Steve Witkoff and insists on guarantees it will not be attacked again

The Guardian - UK

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ACCC calls emergency meeting with fuel suppliers – as it happened

This blog is now closed

The Guardian - AU

Trump quietly adds Erika Kirk to US Air Force Academy advisory board

Air Force Academy Board of Visitors is tasked with making disciplinary, curriculum and social recommendations for the academy

The Independent UK

5 scenarios for how the Iran war could end

Trump has laid out multiple endgame scenarios for the Iran war.

Axios

Trump’s economy was already exploding the national debt before his $1 billion-a-day war in Iran. Analysts warn about what's next

Where will you be in the third quarter of 2027?

Fortune

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Crude Prices Plunge on Hopes for a Quick End to Iran War or at least a G-7 Oil Stockpile Release

April WTI crude oil (CLJ26 ) on Tuesday closed down -11.32 (-11.94%) at $83.45, and April RBOB gasoline (RBJ26 ) closed down -0.1681 (-5.99%). April WTI crude oil on Monday rallied to a 3.75-year nearest-futures high of $119.48 but has since fallen back to the $83-per-barrel area. Crude oil prices...

Barchart

Iran Threatens To 'Eliminate' Donald Trump In Chilling Assassination Warning That Sparks Global Alarm

Iranian security chief Ali Larijani issues a chilling warning that Donald Trump could be 'eliminated', escalating already volatile US–Iran tensions rooted in the 2020 killing of Qasem Soleimani and raising global fears of a widening Middle East conflict.

International Business Times UK

Republican Rep says Lindsey Graham should go fight in Iran if he is going to push foreign conflict

The senator from South Carolina has called for action on Iran for years

The Independent UK

US weighs sending forces into Iran to secure nuclear stockpile, reports say

Tehran has enough material to make at least 10 nuclear warheads but extracting it would be very risky, say experts

The Guardian - UK

Leavitt promises Iran war will ‘lower gas prices in long term’ for Americans

Gas prices have spiked significantly since the U.S. and Israel began airstrikes on Iran 10 days ago

The Independent UK

Tucker Carlson helped make Donald Trump and JD Vance. Could he be the next president?

It’s well known that Donald Trump consumes television broadcasts and often makes policy based more on Fox News punditry than advice from political or government advisors. So it’s unsurprising that one of his most influential advisers, Tucker Carlson, has never held a political or government appointment.

The Conversation

Amid a surge in energy prices, a windfall tax on gas profits could be the best way to protect households

The war in Iran has once again exposed how vulnerable the world’s energy markets are to geopolitical disruption. In wild swings, benchmark crude oil prices spiked as high as US$120 per barrel, roughly 50% higher than before the conflict, before sliding below $100.

The Conversation

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Latin Times

U.S. Reportedly Asks Israel To Refrain From Further Strikes On Iranian Energy Facilities

The Trump administration asked Israel to refrain from striking more energy facilities in Iran as global prices continue to oscillate as a result of the ongoing conflict, according to a new report.

International Business Times UK

Is Mojtaba Khamenei Alive? Netizens Think Iran's New Supreme Leader Is Already Dead

The Middle East faces uncertainty as Iran's new Supreme Leader, Mojtaba Khamenei, remains absent, sparking rumors of his death.

Axios

140 U.S. service members injured in Iran war

It's the first official tally of U.S. service members wounded during the conflict.

The Independent UK

140 US service members have been injured in the Iran war, Pentagon says

The new figure is the first insight into the broader toll of injuries that have been sustained by U.S. troops

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The Conversation

Middle East conflict is pushing oil prices higher — and most Canadians will feel the costs

Since American and Israeli missiles began striking Iran, global oil prices have jumped sharply. The conflict has resulted in the disruption of tanker traffic through the Strait of Hormuz, which carries about one-fifth of the world’s oil shipments.

The Guardian - UK

The Guardian view on Europe’s response to the Iran crisis: damage limitation only goes so far

Editorial: The US-Israeli bombardment has once again underlined Donald Trump’s indifference to international law. A stronger EU can be a vital counterweight

The Times of India

How AI may have handed Iran’s proxies a map to US infra

BENGALURU: Within hours of US and Israeli strikes hitting Iran on Feb 28, over 50 hacktivist groups aligned with Iranian interests had activated on Telegram. Many possibly had no background in industrial control systems and no state direction.

The Independent UK

Rubio has said he wouldn’t challenge Vance in 2028. So why does Trump keep pushing both men?

Secretary of state has said he’d be one of the first people to support the vice president if he runs for the White House

We Got This Covered

Lindsey Graham pushed relentlessly for the Iran war, but now he’s confessing there’s one result that could make it all a tragic misstep

Graham’s dream come true might not end perfectly.

We Got This Covered

Donald Trump’s attempt to explain the school bombing took such a strange turn that a reporter had to stop him mid-sentence

“You’re the only person saying this.”

The Mary Sue

Americans are hit with a harsh new reality at the pump as the war on Iran triggers a devastating fuel crunch for travelers

Americans are facing a fresh hit to their wallets as gas prices surge, thanks to the escalating conflict with Iran, creating a major headache for President Donald Trump and Republicans heading into the midterm elections. According to Fox News, GasBuddy said that this week the national average for gasoline shot…

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