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The Latest Breaking News from Iran

‘Doomsday scenario’: a visual guide to the oil and gas site attacks in the Middle East

Attacks on facilities by both sides in the conflict this week threaten grave consequences for the global economy

The Guardian - UK

How the US copied a cheap Iranian kamikaze drone and used it to bomb Iran

As Pete Hegseth, the Fox News host turned Donald Trump’s defense secretary, stood on the front lawn of the Pentagon to record a promotional video in July 2025, a drone hovered above him.

The Conversation

Palestinians were bystanders to the Iran war. Now they're victims too

Palestinians are mourning after an overnight Iranian airstrike hit a beauty salon outside Hebron

The Independent UK

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Fed Chair Jerome Powell says U.S. economy is ‘amazing’—but admits ‘we just don’t know’ as inflation, jobs, and oil shocks cloud the outlook

Jerome Powell said “don’t know” 17 times during the conference as he praised the economy’s resilience—but flagged rising inflation, stalled job growth, and an unpredictable oil shock from Iran.

Fortune

A Saudi analyst just revealed the kingdom’s backup plan if it enters the Iran war, and it involves Pakistan’s nuclear arsenal

Will Pakistan follow through?

We Got This Covered

Oman claims Israel pushed US into Iran war when deal was possible

Foreign minister claims Israel convinced Donald Trump to make ‘grave miscalculation’ of waging war on Iran

The Guardian - UK

'A month ago, no one would have believed this': June Fed rate hike odds just surpassed rate cut odds as stagflation fears grow

The Atlanta Fed’s Market Probability Tracker places the odds of a rate hike at about 15% within the next three months.

Fortune

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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

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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Axios

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

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

Evening Standard

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.

The Independent UK

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 Guardian - US

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’

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We Got This Covered

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.

Euronews

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.

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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