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The Latest Breaking News from Iran

Public should be ‘reassured’ by Iran war food shortage preparation – Peter Kyle

The Government’s reasonable worst-case scenario suggests there could be less variety on supermarket shelves should fighting continue unabated.

Evening Standard

These Americans are refusing to pay their taxes in protest of the Trump administration

From a Brooklyn freelancer who hasn’t paid federal taxes since the Vietnam War to a new mom horrified by the Iran war, tax resisters say they’d rather face IRS consequences than fund policies they oppose.

Fortune

UK in ‘worst-case scenario’ planning for food shortages as a result of Iran war

The business secretary said the public should be ‘reassured’ that ministers are making contingency plans for the impact of the Iran war

The Independent UK

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Why no nation is truly ‘energy independent’ while the Strait of Hormuz remains closed

The U.S. blockade is working, but a potential global recession still looms.

Fortune

Tesco ‘doing whatever we can’ to keep prices affordable amid Iran war

The UK’s largest supermarket group plans to make a further £500 million in cost savings

The Independent UK

Tesco says Iran conflict increasing uncertainty over profit outlook

The UK’s largest supermarket group reported stronger-than-expected adjusted operating profits of £3.15 billion for the year to February.

Evening Standard

Australia boosts military spending as Iran war makes global impact

Australia's defense minster says the Iran war had greatly complicated the global strategic landscape and the country is significantly increasing its military spending

The Independent UK

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UK economy grew faster than expected before Iran war

The war in the Middle East has hit hopes of an uptick in growth this year

The Independent UK

UK economic growth in February better than forecast before Iran war

The ONS said gross domestic product grew by 0.5% month-on-month in February following upwardly revised growth of 0.1% in January.

Evening Standard

Donald Trump's Iran war threatens to torpedo London's economic uplift, warn business chiefs

The latest GDP figure shows an unexpected boost to growth before the Iran war kicked off

Evening Standard

Thursday briefing: What it will take for Britain to break up with natural gas

In today’s newsletter: The economic fortunes of the UK are intertwined with the price of the costly fuel – so why are we so slow to ditch it?

The Guardian - UK

IMF chief Georgieva warns ‘everyone will feel the impact’ of energy price shock, as UK growth beats forecasts – as it happened

There will be flight cancellations ‘soon’ if oil supplies are not restored in coming weeks, says head of IEA

The Guardian - UK

Oil prices fall again amid hopes for new US-Iran peace talks

IN FULL

The Independent UK

Gunfire reported in Beirut as truce comes into effect – as it happened

This blog is now closed

The Guardian - AU

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The Independent UK

The Latest: Pakistan’s army chief to meet Iranian officials in Tehran to push new US-Iran talks

Pakistan’s army chief is meeting with Iranian officials in Tehran to ease Middle East tensions and arrange U.S.-Iran negotiations

Euronews

Iran war sparks EU proposal to reduce tax on electricity and encourage green transition

Electricity is taxed far higher than fossil fuels. Could a new EU proposal finally reverse this?

Evening Standard

France prepares for terror attack hitting London amid Donald Trump Iran war tensions

Exclusive: Special agents from the Paris-based Crisis and Support Centre could be flown over to Britain to help French diplomats deal with a major incident in London

The Independent UK

Oil prices drop below $95 and Asian stocks hit record highs as Iran peace deal hopes grow

Brent ‌crude opens 0.4 per cent lower at $94.55 a barrel after reports Iran could consider allowing ships to sail freely through the Omani side of Strait of Hormuz

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The Independent UK

Iran-US war latest: Trump calls it a ‘historic day’ as ceasefire between Israel and Lebanon comes into effect

The truce follows a heavy bombing campaign by Israel against targets it says are linked to Hezbollah

The Independent UK

Asian stocks mostly higher after Wall Street hits record and oil steadies

Asian stocks are mostly higher and oil prices have steadied over expectations of an extension of a ceasefire in the Iran war and more talks between the U.S. and Iran

The Times of India

US blockade: No Iranian ship allowed to cross Strait of Hormuz in last three days, 10 sent back

The US military on Thursday said it had turned back 10 vessels attempting to leave Iranian ports during the first 48 hours of its naval blockade, even as maritime tracking data suggested some ships may have initially crossed the Strait of Hormuz.

The Independent UK

Pentagon approaches US automakers to help make weapons as wars deplete stocks, report claims

The reported outreach effort is reminiscent of how the major Detroit automakers helped produce armaments during WWII

The Independent UK

Trump’s ‘favourite field marshal’ Asim Munir arrives in Tehran to revive US-Iran peace talks

Pakistan is seeking to host the second round of peace talks before the fragile ceasefire expires next week

The Times of India

'We will use force': New audio captures US Navy's final warning to ships entering & departing Iranian ports amid blockade

The United States Central Command (CENTCOM) on Wednesday released an audio message of US naval forces warning vessels against attempting to breach its ongoing blockade of Iranian ports.

The Independent UK

China's economy grows at 5% in first quarter, shrugging off initial impact of Iran war

China’s economy accelerated in the first quarter of this year, expanding 5% from a year earlier as it largely shrugged off impacts from the Iran war so far

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