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The Latest Breaking News from Iran

Oscars at centre of Iran drone attack fears

Following reports of an FBI alert – warning of a possible retaliatory drone attack targeting the US west coast, Oscars organisers say security arrangements for the ceremony are tight.

BANG Premier

Oil prices soar again after two tankers struck off coast of Iraq

Oil prices have surged past $100 a barrel following suspected Iranian attacks on multiple fuel tankers in Iraqi waters. Iraqi oil ports have completely ceased operations, prompting other countries to move their vessels from the area as a precaution. Iran has claimed responsibility for hitting a Thai bulk carrier yesterday,…

The Independent UK

Newsletter: Oil prices spiral despite historic reserve release

Also in this newsletter: European Commissioner for the Economy Valdis Dombrovskis tells Europe Today that a prolonged and escalating war in the Middle East could mean a 'stagflationary shock' for Europe.

Euronews

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Largest ever oil reserves released as Iran war fuels price rises

The Middle East conflict has seen oil prices surge as the flow of oil tankers has effectively stopped

The Independent UK

Middle East war creating ‘largest supply disruption in the history of oil markets’, as Brent crude hits $100 again – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

China positions itself as force for global stability at its annual Congress

China is signaling it will stay focused on technology and economic growth, even as U.S. tensions with Iran rise

The Independent UK

Brent crude oil briefly tops $100 a barrel as Iran attacks on shipping worsen supply concerns

The price of a barrel of Brent crude oil, the international standard, has topped $100 a barrel again, jolting markets just days after it spiked near $120

The Independent UK

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Trump Criticizes Spain as 'Very Bad' to NATO, Threatens Trade Embargo: Potential Impact on Jobs, Prices and Supplies

US-Spain tensions escalate as President Trump criticizes Madrid's NATO and Iran policies, threatening a trade embargo. Discover the potential economic, diplomatic, and military impacts on both nations.

International Business Times UK

As war spikes gas prices, drivers wonder how long it will last – and if they should go electric

Oil and gasoline prices are rising as the war in Iran intensifies and other global conflicts affect supply

The Independent UK

Business Brief (March 12): China Calls for Human Control Over Military AI Applications

China’s central bank promotes safe AI applications in financial sector, Chinese platforms respond to OpenClaw AI risks and limits

Caixin Global

Ukraine supporters oppose easing of Russia sanctions

Numerous lawmakers, including some Republicans, are outraged about the Trump administration’s easing of sanctions on Russian oil exports, amid reports that Moscow is helping Iran target U.S. troops in the Middle East. Treasury Secretary Scott Bessent, looking to ease a supply crisis caused by the Iran war that has driven…

Roll Call

US mainland under threat? What FBI memo says about possible Iranian drone strike amid Middle East conflict

An FBI memo suggests Iran might launch a surprise drone attack on California from a ship. This possibility emerged after US strikes on Iran. California officials state they are prepared for emergencies. The alert follows recent US-Iran military actions in the Middle East, which began last month with strikes that…

The Times of India

Bulletin AM briefing: Oil prices climb and questions over Mandelson appointment

Oil prices soar again after two tankers struck off coast of Iraq. Government pledges that home heating oil costs must be ‘fair’ amid Middle East crisis. Starmer warned about ‘reputational risk’ over Mandelson appointment. NHS trusts facing difficult decisions amid ‘perilous’ financial situation. The costly error that turned PSG-Chelsea clash…

The Independent UK

Thursday briefing: What an Iran negotiator thinks could happen next – and why Trump still has an off-ramp

In today’s newsletter: Robert Malley, who led talks for the 2015 Iran nuclear deal, helps make sense of the war

The Guardian - UK

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Euronews

Iran's new ayatollah vows to keep Strait of Hormuz blocked in regime-released statement

Tehran fired fresh barrages of drones and missiles early on Thursday as the Iran war nears the two-week mark. Air raid alerts were sounded in Israel as authorities warned of incoming Iranian fire, as Gulf states brace for more attacks.

The Independent UK

‘Unprecedented’ crisis in Middle East could ‘spin out of control’ warns WHO

As the bombing continues across Iran, Lebanon and the Gulf states, a World Health Organisation chief tells chief international correspondent Bel Trew in Beirut how she fears the conflict could lead to chemical, nuclear or radiological war

Evening Standard

British special forces shoot down 'suicide drones' as base in Iraq hit injuring US soldiers

A swarm of ‘unmanned aerial vehicles’ was launched at the camp in Erbil, northern Iraq

The Independent UK

Concerns raised over US military ‘using AI’ in Iran war

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The Guardian - AU

More airlines hike flight prices as Iran war continues to disrupt oil supply

Cathay Pacific, AirAsia and Thai Airways join Qantas in increasing prices, as travellers flock to airlines that don’t have Middle East stopovers

Euronews

Precision Strike Missile: Washington's latest weapons system striking Iran

The US Army's new Precision Strike Missile, or PrSM for short, is a medium to long-range weapon meant to replace the ageing Army Tactical Missile System (ATACMS).

The Times of India

Iran sets three conditions for talks with US as Middle East war rages on

As fighting between Iran and the United States continues to intensify, Iranian President Masoud Pezeshkian has indicated that Tehran may be willing to return to negotiations, but only under strict conditions.

Euronews

Data centres are the new target in modern warfare during Iran war, experts say

Data centres are the physical buildings that house all the infrastructure required to power banking apps, cloud services, and artificial intelligence platforms.

The Guardian - UK

Gordon Brown calls for international criminal court for crimes against children

Former PM says schools ‘deserve same moral status as hospitals’ after 168 schoolgirls killed in US-Israel war on Iran

The Guardian - UK

Children killed, a school turned into a graveyard: even in wartime, we can’t accept this

There are rules and world leaders must insist they be honoured in practice and in spirit. After this atrocity in Iran, a more effective tribunal for crimes against children is essential, says former prime minister Gordon Brown

The Independent UK

What to say if your child asks about WWIII, according to parenting experts

FEATURE: With the war in Iran escalating and vivid footage of bomb and drone attacks dominating the news, it’s no wonder children are asking questions about how safe they are. As many parents are also feeling anxious, Charlotte Cripps talks to the experts about how to reply

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