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The Middle East remains embroiled in a cycle of violence, with Iranian barrages targeting Israel, Gulf Arab states, and northern Iraq on Tuesday. This escalation comes a day after US President Donald Trump claimed that the US was in 'very good' talks with Iran to end the war in the region soon.Despite Trump's optimistic remarks, multiple official sources in Tehran have denied any talks are underway. Iranian parliament speaker Mohammad Bagher Ghalibaf stated, 'No negotiations have been held with the US … fake news is used to manipulate the financial and oil markets.' The Iranian government remains wary of US offers of negotiation, citing past experiences where talks were followed by attacks, such as the surprise attack that killed the supreme leader Ali Khamenei and dozens of senior officials.Potential intermediaries, including Pakistan, Oman, Egypt, and others, have confirmed tentative efforts to establish channels of communication between Washington and Tehran. Iranian Foreign Minister Abbas Araghchi has been engaging in discussions with his counterparts in several countries, including Azerbaijan, Egypt, Oman, Pakistan, Russia, South Korea, Turkey, and Turkmenistan.The diplomatic activity follows a significant escalation of threats between the US and Iran over the weekend, with both sides trading warnings of potential strikes. On Monday, Trump delayed a deadline for Iran to open the Strait of Hormuz for shipping or face targeted airstrikes on its power stations. This brief reprieve drove down oil prices and boosted stocks, with the deadline now set to expire on Friday.Benjamin Netanyahu has stated that Israel will continue to strike Iran and Lebanon, targeting Hezbollah, the Iran-backed Islamist militant movement. The Israeli prime minister warned, 'There's more to come.'The conflict has already had significant economic impacts, with oil prices rising to $104 (£77) a barrel, up more than 40% since Israel and the US started the war on 28 February. Analysts warn of durable and deep disruption to the supply of oil and gas from the region, even if hostilities end rapidly, with severe economic consequences worldwide.

An Iranian missile has struck central Tel Aviv, causing widespread damage to buildings and vehicles, and injuring at least six people. The attack has led to a significant escalation of tensions in the region, with Israeli Prime Minister Benjamin Netanyahu vowing to continue striking Tehran and Lebanon.“There’s more to come,” Netanyahu said in remarks that appeared to corroborate those of three Israeli officials who told Reuters they thought it was improbable that Iran would accept US demands in any new round of negotiations. This development has dimmed hopes of de-escalation after US President Donald Trump played up the chances of a deal to end the conflict.In a statement released on Tuesday, Iran’s Islamic Revolutionary Guard Corps said it would launch heavy missile and drone attacks at Israeli troops in northern Israel and the area near Gaza “without restraint” unless Israel ceased attacks in Lebanon and Palestine. The threat has raised concerns about the potential for further escalation in the region.Police said an Iranian munition carrying a substantial explosive payload struck the central city, causing widespread damage to buildings and vehicles. At least six people were lightly injured. Several buildings were damaged across Tel Aviv, with emergency services reporting casualties at one of the impact sites. One building and the adjacent road were heavily affected, with cars set ablaze.Israel’s health ministry reports 4,829 injured people have been brought to hospitals since the onset of the war. Of those people, 111 remain in hospital and 12 are in a serious condition. The strikes were the latest in a cycle of retaliation after Israeli operations announced on Monday.About 40 minutes after Trump said he would delay action against Iran’s power infrastructure, Israel said on X that it had “just begun another wave of strikes targeting infrastructure of the Iranian terror regime across Tehran”. The Israel Defense Forces said energy facilities would be spared, suggesting that Israel may be aligning with Washington in suspending attacks on Iranian power plants and related sites.The US-based Human Rights Activists’ News Agency said in the previous 24 hours it had recorded at least 206 attacks across 15 provinces in Iran, resulting in at least four casualties (killed and injured, both civilian and military). At least six people were killed in strikes on homes in the city of Tabriz, according to Iran’s Fars news agency.Since US-Israeli bombs started falling on Iran, estimates of total deaths (military and civilian) in the country have exceeded 1,500, with some rights groups reporting figures as high as 3,230 as of 21 March. The escalation has also spilled beyond Israel, with Iranian strikes extending into Gulf states.

The ongoing conflict in the Middle East has taken a significant turn as foreign ministers from Arab and Muslim countries gathered in Riyadh for urgent discussions. The meeting, which included representatives from 12 countries, aimed to muster a common response to Iran's increasing retaliation against US assets and infrastructure in the region.The talks were held as Iran targeted several energy facilities across Saudi Arabia, the United Arab Emirates, and Qatar in retaliation against Israel's strike on the South Pars gasfield, Iran's biggest source of energy. This escalation comes after a series of Israeli assassinations of top Iranian security officials.The joint statement issued on Thursday confirmed that the countries present at the meeting, including Qatar, Azerbaijan, Bahrain, Egypt, Jordan, Kuwait, Lebanon, Pakistan, Saudi Arabia, Syria, Turkiye, and the United Arab Emirates, asserted the right of states to defend themselves, citing Article 51 of the United Nations Charter on defensive action.The foreign ministers condemned deliberate Iranian attacks with ballistic missiles and drones that have struck various targets, including residential areas, water desalination plants, oil facilities, airports, and diplomatic positions. They called on Iran to:Halt its attacks.Stop "provocative actions or threats" aimed at its neighbours.Cease supporting, financing, and arming pro-Iran proxy groups based in Arab states.Refrain from actions or threats aimed at blocking the Strait of Hormuz or threatening maritime security in the Bab al-Mandeb strait.The meeting yielded a unified response to Iran's increasingly unpredictable behaviour, but the joint statement was vague about how countries would follow this up. Saudi Foreign Minister Faisal bin Farhan Al Saud emphasized his country's right to defend itself and hinted that Saudi Arabia and other Gulf states would act if necessary, adding that they have "very significant capacities and capabilities that they could bring to bear should they choose to do so".The Iranian leadership's response to these developments remains unclear, with New Supreme Leader Mojtaba Khamenei having not been seen in public since his appointment. The Islamic Revolutionary Guard Corps (IRGC) issued a statement saying that Iranian forces had responded to the "deceiving and lying enemy" that had targeted energy facilities in the country, and that they had "entered a new phase of warfare" to defend Iran's infrastructure.

Sri Lanka's government has rejected a request from the United States to land two combat aircraft at Mattala Rajapaksa International Airport in southern Sri Lanka from March 4 to 8. The request was made on February 26, just before the US and Israel launched their military offensive against Iran.President Anura Kumara Dissanayake told Sri Lanka's parliament that the US wanted to bring two warplanes armed with eight antiship missiles from a base in Djibouti. The government turned down the request to maintain Sri Lanka's neutrality in the conflict.The decision comes amid escalating tensions in the Middle East, with Iranian missile and drone attacks sending energy prices soaring and fuelling fears of a widening conflict. The US-Israeli war on Iran has sparked widespread concern globally, with many countries refusing to get directly involved while calling for urgent de-escalation.Sri Lanka's president also cited his country's neutrality in denying the US request, saying that had they accepted the US request, they would have had to do the same for Iran, which had also made a request for three naval vessels to make a goodwill visit to Sri Lanka on the same day.In recent weeks, Sri Lanka's navy rescued 32 Iranian crew off IRIS Dena after it was torpedoed by a US submarine off the country's coast, killing at least 84 people. Days later, Sri Lanka evacuated more than 200 crew members from a second Iranian vessel, IRIS Bushehr, after the ship requested assistance from Colombo.

Oil prices have experienced a significant surge, rising more than 5%, in the wake of an Israeli strike on Iran's South Pars gasfield. This development comes as the United States-Israeli conflict with Iran continues to escalate.The international standard, Brent crude, rose 5 percent to $108.66 a barrel on Wednesday. Meanwhile, US West Texas Intermediate crude (CLc1), the price barometer for US oil, gained 2.5 percent to $98.65. This widened its discount to Brent to the largest since May 2019, driven by fears of a prolonged conflict.Iranian state media reported that natural gas facilities associated with its offshore South Pars field – the largest gasfield in the world, located off the coast of southern Iran's Bushehr province – were attacked. Iran's Revolutionary Guard threatened to attack oil and gas infrastructure in Qatar, Saudi Arabia, and the United Arab Emirates, heightening the risk of further disruptions to energy supplies in the region.Later on Wednesday, Qatari authorities reported a fire at the country's Ras Laffan gas facility after an Iranian ballistic missile attack. Qatar's Interior Ministry later confirmed that the fire had been brought under control.The US-Israeli war on Iran and Tehran's retaliatory attacks on Gulf neighbours have disrupted oil and natural gas exports from the Middle East and forced production stoppages. Experts warn that if these disruptions keep oil and gas prices elevated for an extended period, the global economy could experience a wave of inflation.Fighting has halted most shipments via the Strait of Hormuz, through which 20 percent of global oil and liquified natural gas supplies pass. Total oil output cuts in the Middle East are estimated at 7 million to 10 million barrels per day or 7 percent to 10 percent of global demand.

The conflict between Iran and Israel has taken a significant turn, with oil prices skyrocketing to unprecedented levels. Analysts are now warning that prices could reach $150 or even $200 per barrel, a scenario that was previously considered far-fetched.The global benchmark, Brent crude, has hit nearly $120 per barrel and has remained above $100 since March 13. The recent Israeli strike on Iran's South Pars gasfield and subsequent Iranian attacks on oil and gas facilities in Qatar, Saudi Arabia, and the United Arab Emirates have further pushed crude prices up to over $108 per barrel.The Strait of Hormuz, which accounts for about one-fifth of global oil supplies, has been effectively closed since Iran declared it shut early in the conflict. Only a handful of ships, mostly Indian, Pakistani, Turkish, and Chinese-flagged vessels, have been allowed to pass through in recent days.Market watchers agree that prices have room to move much higher if the Strait of Hormuz remains closed. Vandana Hari, founder of Vanda Insights, notes that benchmark Middle Eastern crudes have already crossed the $150 threshold, making $200 a possibility.The International Monetary Fund estimates that every 10% rise in oil prices would correspond with a 0.4% increase in global inflation and a 0.15% reduction in economic growth. Oil prices at $150 or higher would weigh heavily on the global economy.Adi Imsirovic, an energy expert at the University of Oxford, warns that oil at $200 per barrel would be a major handbrake to the world economy, impacting inflation, growth, employment, and potentially causing shortages of fuel and materials.

Sardar Azmoun, one of Iran's top football players, has been expelled from the national team over allegations of disloyalty to the government. This development has significant implications for Iran's participation in the upcoming FIFA World Cup, which is co-hosted by the United States, Mexico, and Canada.Azmoun, who plays for Dubai's Shabab Al-Ahli, upset Iranian authorities by posting a picture on his Instagram feed with Dubai's ruler, Mohammed bin Rashid Al Maktoum. This move was perceived as a disloyal act, especially given the strained relations between Iran and the UAE, which have included rocket and drone attacks by Iran on the UAE.The 31-year-old striker, known for his impressive career abroad with clubs like Zenit Saint Petersburg, Bayer Leverkusen, and Roma, has scored 57 goals in 91 internationals since his debut in 2014. His absence will undoubtedly weaken Iran's team, Team Melli, in their upcoming matches.Criticism against Azmoun was severe on state TV, with football pundit Mohammad Misaghi stating that Azmoun's actions were an act of disloyalty and that he was not worthy of wearing the national team jersey. There was no immediate response from the Football Federation of the Islamic Republic of Iran (FFIRI) regarding the matter.This incident comes at a time when Iran's women's national team is dealing with its own controversy, with several players seeking asylum in Australia after being branded 'wartime traitors' on Iranian state TV for not singing the national anthem before a Women's Asian Cup match.

The fate of seven Iranian women's football players seeking asylum in Australia has sparked controversy, with critics arguing that politics trumped concern for their welfare. The drama unfolded during the Women's Asian Cup, where the Iranian team played amid a backdrop of political tension between Iran, Australia, and the US.Initially, seven players accepted asylum in Australia, but five changed their minds within days and returned to Iran for undisclosed reasons. Critics argue that the outcome might have been different had the women been provided with independent legal advice earlier and the process not been so rushed.Refugee advocates, including Graham Thom of the Refugee Council of Australia, expressed concerns that the Australian government's media strategy may have put the women at risk. Iran has claimed victory in the public relations battle, with the women who returned home being welcomed back with a ceremony.Experts, including Kylie Moore-Gilbert, a political scientist at Macquarie University, suggest that the publicity surrounding the asylum requests may have overshadowed the women's welfare. The incident has raised questions about Australia's strategy in dealing with asylum seekers and the potential consequences for those seeking refuge.

The Iranian women's football team was given a hero's welcome in Tehran on Thursday after returning from the Asian Cup in Australia, where some players had sought asylum. The team, including captain Zahra Ghanbari, was greeted by several thousand people in Valiasr Square, waving Iranian flags and cheering.Earlier this month, six players and one backroom staff member sought asylum in Australia, prompting criticism from hardliners in Iran for not singing the national anthem before their first match. However, five of them later changed their minds and returned home with the rest of the team.Activists accused Iranian authorities of pressuring the players' families, including summoning their parents for interrogation, while Tehran alleged that Australia sought to force the athletes to defect. Iranian football federation President Mehdi Taj said on stage, “These athletes are loyal to the homeland, flag, leader and revolution.”The welcome ceremony featured a giant billboard with the slogan “My Choice. My Homeland” and a screen projecting AI-generated images of the players pledging loyalty to the Iranian flag. The team also sang the national anthem, a central feature of the ceremony.Two squad members remain in Australia, but the rest of the team, including the five who initially applied for asylum, arrived in Iran on Wednesday after a long journey home via Malaysia, Oman, and Turkiye. Iranian government spokeswoman Fatemeh Mohajerani told the team, “All Iranians were waiting for you; welcome to Iran.”