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The Latest Breaking News from Iran

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

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

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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

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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

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 Independent UK

Emirates says Iranian nationals are not allowed to enter or transit through UAE – as it happened

This blog is closed.

The Guardian - AU

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’

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 Independent UK

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 Conversation

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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

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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…

Axios

Pope vs. Trump: Pontiff takes aim at U.S. policies

Leo's comments criticizing "those who wage war" mark his latest remarks that appear to criticize Trump's policies.

International Business Times UK

Lindsey Graham Shows Support for Trump's Negotiations With Iran as Disney World Vacation Ends

Lindsey Graham seems to be back at work following his recent trip to Disney World. The senator just expressed his support for Trump amid the POTUS's ongoing peace talks with Iran.

The Times of India

Pete Hegseth’s broker explored investment in defence firms before Iran attack: Report

The investment ultimately did not materialise, as the fund, introduced last year, was not yet available for purchase through Morgan Stanley’s platform. The report did not clarify how much authority the broker had to act independently or whether Hegseth was aware of the move. BlackRock declined to comment, while Morgan…

International Business Times UK

Watered Down Gas Sold in the US Exposed as Fuel Prices Continue to Increase Amid Ongoing US-Israel-Iran War

Gas stations in the US have reportedly been selling watered-down fuel to customers. The modus can easily be missed if car owners do not religiously check their mileage.

The Conversation

How sea mines threaten global trade, and how navies detect them

U.S. intelligence officials have assessed that Iranian forces have deployed a small number of mines in the Strait of Hormuz, a critical choke point for global shipping, according to reports. The move gives the Iranians a means, along with missiles and drones, of threatening ships.

The Independent UK

Trump threatens to destroy Iran’s desalination plants. Here’s what that could mean

Israeli airstrikes on March 7 on oil depots surrounding Tehran produced heavy smoke and acid rain

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