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News Mar 29, 2026

Reza Pahlavi Vows to 'Make Iran Great Again' at CPAC 2026

Reza Pahlavi, son of Iran's former shah, spoke at CPAC 2026, urging US President Donald Trump not t…
Reza Pahlavi, the self-styled crown prince of Iran, has made a bold appearance at the Conservative Political Action Conference (CPAC) in Texas, where he pledged to 'make Iran great again' and received a raucous welcome from the audience.Pahlavi, who has become a central opposition figure in the Iranian diaspora, urged US President Donald Trump not to cut a deal with Iran and instead seek regime change, aligning himself with the administration's most hawkish figures.“Can you imagine Iran going from ‘Death to America’ to ‘God Bless America’?” Pahlavi asked his audience in Grapevine, Texas, receiving a standing ovation with his remarks.“President Trump is making America great again. I intend to make Iran great again,” he added, echoing Trump's famous slogan.The speech comes amid a war between the US and Israel against Iran, which has resulted in at least 1,937 deaths and tens of thousands of injuries in Iran, with no end to the fighting in sight.Pahlavi has emerged as an outspoken supporter of Trump, and his appearance at CPAC highlights the divisions within the US right over the war in Iran.While some in the Iranian diaspora have expressed reservations about the US-Israeli attacks, Pahlavi has called for the Iranian regime to be overthrown, saying, “This regime in its entirety must go.”Analysts have warned that the Iranian government is unlikely to collapse and could emerge from the conflict more hardened than before, but Pahlavi remains a central figure in the opposition movement.
#iran #trump #pahlavi
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World Economy Mar 29, 2026

US-Iran Conflict Drives Up Living Costs, Squeezing American Budgets

The US-Israel war against Iran has led to a significant increase in living costs in the US, affecti…
The ongoing US-Israel war against Iran has sent shockwaves through global markets, resulting in a substantial increase in everyday living costs for many Americans. Following the US-Israeli strikes on Iran, which prompted retaliatory attacks on US allies in the region and Iran's decision to close the Strait of Hormuz, a critical maritime passage, costs have surged across the US. In particular, gas prices have spiked sharply, with the national average rising by roughly 30% over the past month. Additionally, grocery bills, mortgage rates, and fertilizer costs have also climbed. As a result, many Americans are being forced to reassess their finances and cut back drastically on basic necessities such as food, clothing, and electricity. Individuals from various parts of the country, including Indianapolis, Massachusetts, New York, and Pennsylvania, have shared their struggles with rising costs and how they are impacting their daily lives and long-term financial planning. For instance, an Indianapolis bank employee named Lore has had to reduce his commuting and is holding on to his old car for as long as possible to avoid the financial burden of a new one. A Massachusetts-based librarian's husband has had to take on extra work to keep up with rising expenses, often working 12 to 14 hour days. An elderly woman in New York described living a very frugal existence and struggling to make ends meet each month. The strain is also hitting small business owners, with a tattoo artist and father in Pennsylvania forced to shut down his private studio after three years due to decreased demand. Rising costs are also intensifying anxieties around healthcare, with a bread factory worker in Michigan expressing concerns about his health and the potential risks he faces simply getting to work.
#costs #car #gas
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Politics Mar 29, 2026

Pakistan's Peace Efforts Under Threat as Israeli Strikes and US Troop Buildup Escalate Tensions

Pakistan's efforts to host peace talks between Iran and the US are facing significant challenges du…
Pakistan's attempts to facilitate peace talks between Iran and the US are encountering substantial obstacles. The intensification of Israeli bombing campaigns on civilian targets in Iran and an expanding US military presence in the Gulf region are casting a shadow over these efforts.Pakistan, maintaining relative neutrality with good relations with both Iran and the US, had hoped to provide a venue for negotiations. However, the conflict is widening, trust is scarce, and the stated positions of Tehran and Washington are far apart. Pakistani officials believe Israel's actions pose a significant risk to any potential talks, particularly given recent attacks on civilian nuclear sites and steel plants.Iran's core concerns include ensuring an end to the war and preventing future attacks by the US and Israel. Former Pakistani ambassador to the US, Maleeha Lodhi, expressed skepticism about US President Donald Trump's reliability, citing his unpredictable nature.Despite these challenges, Pakistan continues its diplomatic efforts. The country's prime minister, Shehbaz Sharif, has been in communication with Iranian President Masoud Pezeshkian, and foreign ministers from Turkey, Egypt, Saudi Arabia, and Pakistan are set to hold talks in Islamabad to discuss ending the conflict.The situation remains complex, with US troop buildup suggesting that peace talks may not align with US plans. Iran has expressed distrust towards previous US interlocutors, but there is consideration for US Vice-President JD Vance to represent the US in talks, an idea supported by Iran.
#Pakistan #Iran #United States
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World Mar 29, 2026

Houthi Involvement in Iran War: Escalating Conflict and Global Economic Risks

The Houthis' entry into the Iran war could significantly escalate the conflict and impact global sh…
The Houthis, a Shia sect backed by Iran, have entered the conflict with missile attacks on Israeli military sites. The true significance of their involvement depends on whether they intend to launch sporadic attacks or effectively close off the Red Sea to shipping. Disruption of the Bab al-Mandab strait and the Strait of Hormuz could have a devastating impact on global trade and economy. The Houthis' ability to interdict ships poses a significant threat, and their actions could drive up shipping costs and oil prices. The Houthis have a complex relationship with Iran, receiving arms from Tehran but not directly fighting on its behalf. A ceasefire with the US, mediated by Oman, has been in place since May 2025, but it does not apply to Israel. Saudi Arabia's role in Yemen's future is crucial, as it seeks to reach deals with the Houthis and former Southern Transitional Council (STC) supporters. The Houthis may act cautiously, seeking financial rewards from Saudi Arabia. The conflict could drag Yemen further into regional war, making peace more difficult and prolonging civilian suffering. The UN special envoy for Yemen, Hans Grundberg, has warned of the escalation's risks, stating it will deepen economic repercussions and prolong the suffering of civilians.
#houthis #iran #israel
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Economy Mar 29, 2026

Oil Prices Soar to Record Monthly Gain as Iran Conflict Disrupts Markets

The Brent crude oil price is on track for its largest monthly gain on record, surging 51% since the…
The ongoing conflict in Iran has caused significant turmoil in the global oil markets, with Brent crude oil prices climbing 51% since the start of March, according to LSEG data. This surge has put Brent crude on track for its biggest monthly gain on record, surpassing the previous record of 46% set in September 1990 during the first Gulf War.On Friday, Brent crude closed at $112.57 a barrel, up from $72.48 a barrel on February 27, the day before the US-Israeli war on Iran began. The price of Brent crude traded as high as $119.50 a barrel during March, its highest level since June 2022, after Iran largely closed the Strait of Hormuz, a critical passage for a fifth of global oil and gas.Despite a coordinated release of 400m barrels of oil from emergency reserves announced on March 11, oil prices continued to climb throughout the month. Analysts at BloombergNEF estimate that 9m barrels of oil per day have been knocked off global oil supply due to the Middle East conflict.The conflict has also had a ripple effect on other assets, with gold prices falling by almost 15% since the start of March, on track for its worst month since 2008. The spot price of gold has been under pressure from the sale of about $3bn of bullion by the Turkish Central Bank last week, which cut its reserves by almost 50 tonnes to 772 tonnes to fund efforts to stabilize the Turkish lira.The Dow Jones industrial average has also been impacted, entering a correction at the end of last week, more than 10% below its record high. Stocks fell despite US President Donald Trump's latest extension on planned strikes against Iran's energy infrastructure, as investors anticipated prolonged disruption to oil from the Gulf.“Markets appear to be placing less weight on White House jawboning and focusing more on the underlying supply risks,” said Fawad Razaqzada, an analyst at City Index. Britain's stock market also had a poor month, with the FTSE 100 index falling more than 8% – on track for its worst month since March 2020, when Covid-19 rocked financial markets.
#Brent crude #Iran #OPEC
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World Mar 29, 2026

Middle East Conflict Escalates: Houthi Attacks on Israel and Explosions in Tehran

The conflict in the Middle East escalates as Yemen's Houthis launch a second wave of attacks on Isr…
The conflict in the Middle East has taken a dramatic turn as Yemen's Iran-backed Houthis launched a second wave of attacks on Israel since joining the conflict on Saturday. The Houthis have vowed to continue their military operations in the coming days until Israel "ceases its attacks and aggression".In a significant escalation, two powerful explosions shook northern Tehran early on Sunday, with air defenses operating in the Iranian capital. The blasts occurred around 7:20 am, but it was not immediately clear what was targeted.Meanwhile, the US is reportedly preparing plans for ground operations in Iran, with the Trump administration having already deployed US Marines to the Middle East. The Pentagon is considering weeks of ground operations in Iran, potentially including raids on Kharg Island and coastal sites near the Strait of Hormuz.The entry of the Houthis into the conflict poses a direct threat to the Bab al-Mandab strait at the southern end of the Red Sea, a critical choke point in the supply chain of energy supplies and other trade in and out of the Middle East. A shutdown of the Bab al-Mandab, located between Yemen and the Horn of Africa, would amplify the already grave impact of the war on the global economy and could also reignite a Saudi-Yemen conflict.Exiled Iranian Crown Prince Reza Pahlavi has told one of the US's biggest annual gatherings of conservatives that he is ready to lead a new Iranian government and would call on the country's citizens to rise up when the "right moment arrives".Iran's Revolutionary Guard has threatened to target US universities in the Middle East after saying US-Israeli strikes had deliberately targeted two Iranian universities.
#iran #middle #east
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Politics Mar 28, 2026

Israel Escalates Military Operations in Beirut, Lebanon

Israeli forces have launched intensified attacks on Beirut, Lebanon, escalating tensions in the reg…
Israeli forces have escalated their military operations in Beirut, Lebanon, leading to increased tensions in the region. The attacks, which began on March 28, 2026, have raised concerns about the potential for further conflict. Details about the extent of the damage and casualties are still emerging.
#Israel Defense Forces #Hezbollah #Beirut
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Politics Mar 28, 2026

Conflict Widens as US-Israeli War on Iran Enters Second Month with New Fronts

The US-Israeli war against Iran continues into its second month with escalating regional violence, …
The US-Israeli war against Iran shows no signs of abatement as it enters its second month, with regional tensions escalating through multiple fronts. Yemen's Iran-backed Houthi rebels have confirmed their first attack on Israel since the conflict began, launching a ballistic missile that was intercepted by Israeli defense systems. The targeted strike aimed at Israeli military sites located in the south of the occupied West Bank, marking a significant expansion of the conflict beyond direct US-Israeli operations against Iran.In a separate development, Israel killed three journalists in a targeted strike on their vehicle in southern Lebanon. The incident highlights the growing dangers facing media personnel in the increasingly volatile region as the conflict continues to spread across multiple borders and involve various non-state actors.These developments underscore the complex and widening nature of the conflict, which has evolved beyond direct military confrontation between the United States, Israel, and Iran to include regional proxies and civilian targets.
#United States #Israel #Iran
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