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The Latest Breaking News from Iran

Iran war: Oil surge, midterms worry Trump advisers as they push for an exit plan

Amidst surging oil prices and upcoming mid-term elections, President Trump has reportedly been advised to seek an exit plan from the Middle East. Advisors are urging him to articulate that military objectives have largely been achieved, as polls indicate public opposition to the ongoing conflict.

The Times of India

A world at war: Iran conflict goes global

This isn't World War III. But it may be the closest we've come in decades.

Axios

Trump ‘gambling with lives’ in Iran, top EU lawmaker Neumann tells Euronews

The European Parliament's top lawmaker on Iran tells Europe Today that she cannot 'endorse a war' where the end game is unclear, saying regime change cannot be triggered by 'bombs alone' as Trump contradicts war timeline.

Euronews

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Oil prices fall and stock markets rebound on hopes of end to Iran war

The price of Brent crude dropped sharply in Tuesday trading, sliding by 16% to 83.1 US dollars a barrel when London’s markets closed.

Evening Standard

EU buying Russian oil would be ‘utterly despicable’ – Ireland’s deputy premier

Vladimir Putin has reportedly said his country is willing to work with European customers amid an energy crisis caused by the Iran war.

Evening Standard

Middle East conflict: ‘Blue’ flash lights up sky near Tehran after airstrike - watch

The sky above a city near Tehran, the capital of Iran, appeared to turn “blue” on Tuesday as the conflict involving the United States and Israel continued, with viral videos circulating widely on social media.

The Times of India

Average five year fixed mortgages surge past 5% as Iran war fallout hits homeowners

FTSE 100 shot up around 150 points in an early trading “relief rally” in the City

Evening Standard

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Persimmon flags worries over homebuyer confidence amid Iran conflict

A raft of mortgage lenders have begun increasing their rates because of soaring inflation expectations caused by the war.

Evening Standard

All was well, according to sources (and media that quoted them). Then LPG reality arrived

After a week of ‘government sources’ attempting to effectively gaslight the public on fuel security amid the war on Iran, the Centre has finally pulled the emergency cord of the Essential Commodities Act to ensure the uninterrupted flow of LPG to critical services.

Newslaundry

Donald Trump's Iran war is making Britain poorer, warns Nigel Farage's Reform UK amid oil cost turmoil

Petrol prices, mortgage rates and oil home heating costs are rising as the UK economy is rocked by the fall-out from the Middle East conflict

Evening Standard

‘Vicious cycle’: panic buying is biggest risk to Australia’s petrol supplies, experts say

Government and motoring groups say there is no shortage of fuel supplies but stockpiling has left country service stations running dry, as Iran war sparks oil price fears

The Guardian - AU

Iranian women's football players who refused to sing national anthem are granted humanitarian visas in Australia

‘Australians have been moved by the plight of these brave women,’ Prime Minister Anthony Albanese told a news conference in Canberra

Evening Standard

US launches 'most intense day of strikes' on Iran yet as Tehran attacks countries across Gulf

Secretary of War Pete Hegseth said the US ‘will not relent until the enemy is totally and decisively defeated’

Evening Standard

Is the EU ready to handle the fallout of a US–Iran war?

The United States and Iran are at war, and the European Union is increasingly affected by this rapidly escalating regional conflict.

Euronews

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The Guardian - UK

UK, Germany and Italy ‘working together’ to navigate commercial shipping through strait of Hormuz - as it happened

Rolling coverage of the latest economic and financial news

The Independent UK

Bulletin AM briefing: Trump threatens Iran and inflation warning amid Middle East conflict

Here are five of this morning’s biggest stories

Evening Standard

FTSE 100 Live 10 March: Oil price above $90, Persimmon leads index rebound

Stock markets rallied today after the price of Brent Crude fell back towards $90 a barrel.

Radio France Internationale

Iran says European countries helped create conditions for US and Israeli attacks

Iran on Monday accused European countries, including France, of creating the conditions that led to the United States and Israel attacking the Islamic republic and triggering a war. Meanwhile, the price of oil is soaring, and attacks on Iran’s oil infrastructure continue.

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Whats Hot

US Expends $5.6 Billion in Weapons in First 48 Hours of Iran Operations: Report

The United States used approximately $5.6 billion worth of weaponry during the first 48 hours of its military operations against Iran, according to a report by The Washington Post. The estimate, which was presented to Congress on Monday, has sparked debate over the administration’s claim that the campaign is not…

Euronews

Trump warns of military consequences 'at a level never seen before' if Iran mines Strait of Hormuz

The comments come after confusion earlier on Tuesday about whether or not the US Navy had escorted an oil tanker through the key waterway.

Euronews

Europe Today: Trump claims Iran war ‘complete’ amid signs of escalation

Tune in to Euronews' new flagship morning programme at 8 am Brussels time. In just 20 minutes, we bring you up to speed on the biggest news of the day.

The Independent UK

Trump makes demand and threatens Iran with ‘death, fire, and fury’

IN FULL

The Guardian - UK

‘Sounds familiar’: how the US-Israeli war in Iran parallels Russia’s invasion of Ukraine

Both campaigns have been framed differently at different times, with dubious claims of defensive action and a curious reluctance to label it war

The Guardian - UK

Who will stand up for the Iranian people as death rains on them from the skies?

The Guardian - UK

Minab school bombing: what evidence is there that the US was responsible?

Trump has blamed Iran for the mass killing at Shajareh Tayyebeh primary school but geolocation, videos, satellite imagery and fragments apparently recovered from the site indicate otherwise

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