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The Latest Breaking News from Iran

Strait of Hormuz Remains Choked in Iran Conflict as Limited Transits Resume Under Iranian Control

The strategically vital Strait of Hormuz stayed largely closed to normal commercial traffic Tuesday as the month-long Iran conflict continued, with only a handful of vessels transiting daily under tight Iranian oversight while the U.S. and allies debated military options to restore freedom of navigation and global oil flows.

International Business Times

Kuwait International Airport Remains Closed on April 1, 2026 After Fresh Iranian Drone Strike

Kuwait International Airport stayed shuttered to commercial passenger flights Wednesday as authorities battled a major fire at fuel storage tanks following the latest in a series of Iranian-linked drone attacks that have crippled the Gulf nation's key aviation hub.

International Business Times

The country that could be the first to run out of fuel due to US-Iran war

Bangladesh, a country of 175 million people that relies heavily on imports for its energy needs, is imposing fuel rationing and closing universities as anxiety grows over reserves running out altogether. Alisha Rahaman Sarkar reports

The Independent UK

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‘Gas is over $4 a gallon’: Hakeem Jeffries has 1 clear message to America after Trump’s $200 billion war wastage

Trump says it's fine as Americans no longer worried about being nuked by Iran

We Got This Covered

Donald Trump's Iran Address: White House Confirms Major Security Update Following Toll Threats

President Trump prepares a key address on Iran as Tehran restricts shipping through the Strait of Hormuz, threatening global oil supplies and raising the risk of escalation.

International Business Times UK

Power shift? Iran military takes control of state functions, sidelines president Pezeshkian - report

Iran's IRGC has reportedly seized control of key state functions, blocking presidential appointments and decisions, pushing President Pezeshkian into a political deadlock. The IRGC chief commander intervened to reject proposed intelligence minister candidates, asserting the military's direct oversight of critical positions amid unclear Supreme Leader status.

The Times of India

American journalist Shelly Kittleson received threats before being kidnapped in Baghdad

Iranian-affiliated militias have targeted American facilities across Iraq as the U.S.-Israeli war on Iran rages

The Independent UK

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Brits given Iran war mortgage warning with 1.3m households set to suffer

IN FULL

The Independent UK

Oil Prices Plunge as Donald Trump Announces US Forces Will Leave Iran Within Weeks

Oil prices whipsawed around $100 a barrel after Donald Trump said US forces could leave Iran within weeks, despite the Strait of Hormuz remaining largely shut. Traders are now trying to square the president's upbeat timeline with escalating attacks and a deepening regional supply shock.

International Business Times UK

This is what a fossil-fuel shock looks like. The UK must adapt its energy system – and quickly

The Iran war will hit food prices, fuel costs and interest rates. But we could could turn this crisis to our advantage, says Chaitanya Kumar of the New Economics Foundation

The Guardian - UK

BP is operating in a world of ‘significant complexity’, new boss tells staff

Meg O’Neill’s memo comes as company tries to rebuild strategy amid oil shock of Iran war and after failed green pivot

The Guardian - UK

3 Bull Put Spread Ideas to for April 2026

The stock market had a huge bounce on Tuesday following signs the US and Iran are seeking to end the war, and if that continues, bull put spread trades could do well.

Barchart

Donald Trump promises U.S. military will leave Iran, but only after pushing it ‘into the stone ages’

Just like last month, the end of the war is still a few weeks away.

We Got This Covered

Starmer dismisses ‘noise’ after Trump says he is considering pulling out of Nato

The Prime Minister insisted he would not change his position on Britain’s involvement with the war against Iran, despite pressure to do so.

Evening Standard

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The Independent UK

Why climate activists were covered in treacle outside the US embassy

Climate activists from Fossil Free London staged a protest outside the US embassy in London, dousing themselves in treacle to symbolise oil. The demonstration aimed to highlight soaring energy costs and oil company profits, specifically targeting the undeveloped Rosebank oil and gas field in the North Sea. Protesters linked the…

The Times of India

Dubai Ruler Sheikh Mohammed meets Emiratis at Dubai Hills Mall: Heart-warming viral video stuns viewers

UAE has been battling regional conflict ever since US and Israel attacked Iran on February 28th, 2026. As the war enters its 32nd day, the Emiratis continue to show strength and unity as the authorities take required steps to ensure the protection and safety of the citizens.

The Independent UK

German growth forecast cut as Europe scrambles to contain price shock from Iran war

Experts have slashed their 2026 and 2027 growth forecasts for the German economy, Europe’s biggest, while governments across the continent are introducing measures to help soften the price impact of the Iran war

The Guardian - UK

Iran war may increase mortgage payments for extra 1.3m households, says Bank of England

Financial policy committee predicts ‘Trumpflation’ rises, as average two-year fixed rate hits 5.84%

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Barchart

S&P Futures Climb on Hopes of Middle East Conflict Resolution, U.S. ADP Jobs Report and Retail Sales Data on Tap

June S&P 500 E-Mini futures (ESM26) are trending up +0.51% this morning as oil prices fall and risk appetite improves on hopes for an imminent end to the conflict in the Middle East.

The Guardian - UK

First Thing: Trump launches tirade against Europe for not joining Iran war

Some European countries have blocked Israeli and US planes from moving weapons through their airspace. Plus, a rocket heads to the moon for the first time since 1972

Evening Standard

Starmer signals need for closer ties with EU in light of Iran oil crisis ‘storm’

Britain’s “long-term national interest requires closer partnership with our allies in Europe”, Sir Keir Starmer has said.

The Independent UK

Iran war energy crisis is ‘worse than you think’ says South Korea’s president

IN FULL

Euronews

EU capitals 'should drive response' to the Iran energy shock, Polish official tells Euronews

Poland’s Secretary of State at the Energy Ministry, Wojciech Wrochna, has called for “flexibility”, while the European Commission maintains that a coordinated response is necessary.

The Independent UK

Stopgap measures aren't enough to halt rising gas prices as the world scrambles for more oil

Global leaders have been scrambling to contain the rising cost of oil and gasoline since the start of the Iran war

Fortune

Trump has no good options in Iran—here are 5 of them ahead of his speech to the nation tonight

Everything you need to know before you reach the office this morning.

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Mohammed Shia alSudani

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