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President Donald Trump escalated rhetoric on Thursday, stating that the United States has yet to begin a full‑scale campaign against Iran’s remaining infrastructure and hinting that bridges and electric power plants could be next targets. The comment followed the release of video showing a U.S. strike on the newly completed B1 bridge that connects Tehran to Karaj, an attack that Iran reports killed eight people and injured 95. Iranian Foreign Minister Abbas Araghchi condemned the strike on civilian infrastructure, describing it as evidence of the “defeat and moral collapse” of the aggressor. In a statement posted on X, he warned that such attacks would not force Iran to surrender. The conflict, now entering its fifth week, has begun to ripple through regional and global markets. Instability around the Strait of Hormuz—a vital conduit for oil and gas—has prompted nations to scramble for alternative shipping routes. Satellite images this week captured smoke over Iran’s Qeshm Island, underscoring the heightened risk to infrastructure near the strategic waterway. Amid stalled negotiations with Iran’s new leadership, Trump’s intensified language comes as the United Nations Security Council prepares to vote on a resolution that could authorize member states to use “defensive means” to keep the strait open. Araghchi warned that any provocative action in the Council would only worsen the situation. Iranian media have begun listing potential retaliation targets, naming major bridges in Kuwait, Saudi Arabia, the United Arab Emirates and Jordan as possible future strike points. The semi‑official Fars News Agency highlighted these crossings as vulnerable following the Karaj bridge attack. The Islamic Revolutionary Guard Corps (IRGC) claimed responsibility for recent strikes on U.S.-linked industrial sites in the Gulf, including steel facilities in Abu Dhabi and aluminium plants in Bahrain. The IRGC warned that if attacks on Iranian industries continue, “the next response will be much more painful” and will focus on the occupier’s core infrastructure. Health infrastructure has also suffered. Iran’s Health Ministry reported that U.S. and Israeli raids severely damaged the Pasteur Institute of Iran, a key research center for diseases such as cholera and COVID‑19. Ministry spokesperson Hossein Kermanpour called the strike “a direct assault on international health security.” WHO Director‑General Tedros Adhanom Ghebreyesus echoed the condemnation, noting that the institute is now unable to deliver health services. The WHO has documented more than 20 attacks on Iranian healthcare facilities since the start of March. In a separate claim, Iranian officials said air defenses downed a second U.S. F‑35 fighter jet over central Iran, suggesting the pilot’s survival was unlikely. The United States has not responded to the allegation. Israel’s military reported a fresh barrage of Iranian missiles, which triggered air‑defence alerts and caused damage to homes, vehicles, and a train station in Tel Aviv. The widening hostilities, combined with threats to critical energy and health infrastructure, highlight the growing regional volatility and its potential to disrupt global markets.

Oil prices experienced a significant surge, rising more than $5, after President Donald Trump stated that the United States would continue its military operations against Iran. This development has heightened investor concerns about potential sustained disruptions to global oil supplies.Brent crude futures saw a notable increase, rising $6.33, or 6.3%, to $107.49 per barrel early on Thursday. Similarly, US West Texas Intermediate crude futures were up $5.28, or 5.3%, to $105.40 per barrel. These gains followed an earlier decline of more than $1 in both benchmarks prior to Trump's televised address to the nation.The recent escalation in tensions between the US and Iran has led to the closure of the Strait of Hormuz by Iran, in retaliation for the US-Israeli attacks. This strategic move has disrupted approximately one-fifth of global oil and liquefied natural gas (LNG) supplies, precipitating the world's most significant energy crisis in decades.Trump emphasized that the US military is nearing its objectives in the conflict, which he expects to conclude within two to three weeks. His remarks have contributed to increased uncertainty in financial markets.Asian stocks were severely impacted following Trump's speech. Most Southeast Asian countries, which heavily rely on oil imports, are particularly vulnerable to the sharp rise in oil prices triggered by the Middle East conflict. The MSCI gauge of EM Asia equities experienced a 2.3% decline, while regional currencies weakened by 0.2%.Notably, South Korea's main stock market, the Korea Composite Stock Price Index (KOSPI), plummeted by 4.2% after initially gaining nearly 2%. South Korean President Lee Jae Myung urged parliament to promptly pass a 26.2 trillion won ($17.3bn) supplementary budget to bolster the economy during what he described as the worst energy security threat caused by the Middle East crisis.Other Asian markets also saw significant declines, with Singapore's main stock market, the Singapore Exchange (SGX), slipping 0.8%, and Malaysia's benchmark index falling 1%. Markets in Indonesia and Taiwan declined by about 1% and 1.4%, respectively. Stocks in China and Hong Kong also fell, with the benchmark Shanghai Composite index dropping 0.53% and China's blue-chip CSI300 Index losing 0.74%.

A US court has dismissed a lawsuit from WhatsApp's former security chief, who alleged that parent company Meta ignored internal flaws he flagged about the messaging app's digital defenses.Abdullah Baig, who claims he was fired in retaliation for raising these concerns, had alleged that billions of users had been put at risk because of these vulnerabilities. Thousands of employees could view sensitive user data, including profile photos and location, Baig claimed in the lawsuit filed in September. A judge ruled he had not presented enough evidence to move forward.The US district court in northern California ruled last month to dismiss Baig's claims, with the judge, Laurel Beeler, writing on 19 March that 'the complaint does not contain sufficient facts to show that the plaintiff reported violations of SEC rules or regulations.'Baig was head of WhatsApp's security division from 2021 to 2025. He said he had expressed concerns about cybersecurity issues to his supervisor five times but was ignored; he also said he wrote directly to Meta's CEO, Mark Zuckerberg, about what he saw as a violation of US Securities and Exchange Commission rules and escalating retaliation against him. He also claimed that the company didn't fix the hacking of more than 100,000 accounts daily – and focused instead on user growth. At the time, WhatsApp said in a statement that he was 'a former employee dismissed for poor performance' who had filed a suit based on distorted claims.A WhatsApp spokesperson said: 'This ruling reaffirms what we've said all along: These claims have no merit. We're proud of our strong record of protecting people's privacy and security, and will continue building on it.'Baig's lawyer suggested in a statement emailed to the Guardian that the legal fight was not over. 'Mr Baig is not done fighting for users,' said Wilmer Harris, who represents Baig. 'The judge dismissed on pleading grounds, not merit, and we look forward to addressing those deficiencies and ensuring Meta has to finally engage with the substance of Mr Baig's allegations.'

A federal judge has thrown out the majority of Blake Lively's claims against Justin Baldoni, her co-star and director of the domestic violence film It Ends With Us.In a court ruling on Thursday, Judge Lewis Liman dismissed 10 of the 13 claims in Lively's lawsuit against Baldoni, including claims of sexual harassment, conspiracy, and defamation. Only three claims will now be heard at trial: breach of contract, retaliation, and aiding and abetting in retaliation.The decision leaves Lively's case with a narrower focus, limited to her claims that Baldoni was behind a retaliatory campaign which shared and boosted negative stories about her online.“This case has always been and will remain focused on the devastating retaliation and the extraordinary steps the defendants took to destroy Blake Lively’s reputation because she stood up for safety on the set and that is the case that is going to trial,” Sigrid McCawley, an attorney for Lively, said in a statement.The case is set to go to trial in May after mediation failed last month.

Donald Trump announced over the weekend that he wants to "take the oil in Iran" by seizing control of Kharg Island, the strategic outpost through which roughly 90% of Iran’s oil exports flow. Experts say the remark underscores a blatant disregard for international law and exemplifies what they term “fossil‑fuel imperialism.” Patrick Bigger, co‑director of the Transition Security Project, described the approach as a "might‑makes‑right" logic that is both "abhorrent and spectacularly miscalculated." Trump is slated to give an update on the Iran‑U.S. conflict on Wednesday. He previously claimed the war could end within weeks, a statement that sent the stock market soaring on expectations of de‑escalation. Iran, however, has insisted it needs guarantees against future attacks before halting its counter‑offensive. The fighting continues, highlighted by an Iranian strike on a fully loaded crude tanker in Dubai and threats to "blow up and completely obliterate" Iran’s energy infrastructure if the Strait of Hormuz is not reopened promptly. Kharg Island, a five‑mile strip that handles the bulk of Iran’s oil shipments, along with its power plants and oil wells, has been singled out by Trump. He told the Financial Times that U.S. forces should take over the island and the oil stored there. "My favorite thing is to take the oil in Iran," Trump said, adding that critics in the United States are "stupid people." Amir Handjani, an energy lawyer at the Quincy Institute, warned that the statement "completely discredited" the war’s stated objectives and revealed a classic play for natural resources. Handjani noted that Trump’s desire to seize Iranian oil is not new; he voiced similar ambitions in a 1988 interview while promoting The Art of the Deal, saying he would "do a number on Kharg Island" if elected. The former president has also floated comparable ideas for Iraq, Syria and Venezuela, suggesting the United States could appropriate their oil to offset war costs or bolster strategic reserves. Handjani emphasized that international law provides no framework for waging war to capture sovereign nations' natural resources. From a military perspective, taking Kharg Island would be extremely challenging. Iranian missile defenses have rendered regional U.S. bases inoperable, meaning any assault would likely require a parachute insertion of Marines into heavy fire, with the risk of massive Iranian retaliation. Handjani warned that such retaliation could target oil export terminals across the Persian Gulf, potentially driving crude prices to $200‑$300 per barrel and destabilising the global economy. The conflict has already caused the largest-ever disruption to global energy supplies, killing thousands and sparking sharp fuel‑price shocks. While consumers bear the brunt, major fossil‑fuel companies are enjoying windfall profits. Bigger noted that higher oil prices benefit oil majors and are being used as a pretext to expand U.S. drilling, further entrenching reliance on carbon‑intensive fuels. According to Bigger, Trump’s rhetoric reveals a belief that "fossil fuels are a linchpin of his domestic industrial strategy," and that controlling oil equates to controlling global power. He argues that this mindset threatens the international order and hampers the transition to cleaner energy.

The Labor Department’s latest Job Openings and Labor Turnover Survey (JOLTS) shows that job openings dropped by 358,000 to 6.882 million in February, the smallest tally since 2020 and well below the forecast of 6.918 million. February’s hiring figures also slipped, with 4.8 million workers hired—the lowest monthly total since March 2020. The quit rate fell to 1.9%, equating to roughly three million workers leaving their jobs, indicating growing reluctance to switch employers. Consumer confidence is eroding in tandem. A University of Michigan survey released in March recorded a 6% year‑over‑year decline and a 5.8% drop from the previous month, pushing sentiment to its weakest point since December. Economist Heather Boushey of the University of Pennsylvania linked the sentiment dip to President Donald Trump’s second‑term policies, noting that “people are getting super frustrated with Trump’s economy.” Senior fellow Michele Evermore of the National Academy of Social Insurance warned that the modest decline in quits “indicates that workers continue to have a pessimistic view of their chances on the open market,” and urged state governments to bolster unemployment systems as a counter‑cyclical buffer. Policy uncertainty is a key driver. Since his re‑election, Trump has pursued aggressive tariffs, some of which were recently blocked by the Supreme Court’s decision that the International Emergency Economic Powers Act cannot be used for that purpose, leaving the tariff regime in flux. Compounding the trade dispute, the U.S. involvement in the February 28 attack on Iran sparked a regional war. Iran’s retaliation—shutting the Strait of Hormuz—has tightened global oil supplies, pushing U.S. gasoline prices to $4.018 per gallon, up more than a dollar from the previous month. Federal Reserve Chair Jerome Powell cautioned that the economy faces a “zero‑employment‑growth equilibrium” with downside risks, while the central bank has so far kept interest rates steady and will announce its next policy decision in late April. Private, non‑farm payroll growth has also slowed, averaging just 18,000 jobs per month over the three months ending February, underscoring the tepid demand for new labor. Despite the labor market gloom, equity markets rallied during midday trading on Tuesday, with the Dow Jones Industrial Average up 1.9%, the Nasdaq climbing 3.4%, and the S&P; 500 gaining 2.3%.

Somalia's national army has taken control of the strategic city of Baidoa, the largest in Southwest state, prompting the regional leader to resign. The city's takeover comes two weeks after the Southwest state administration announced it was severing ties with the federal government.The city of Baidoa, located about 245 km northwest of the capital Mogadishu, is home to international peacekeepers and humanitarian agencies in an area affected by drought, conflict, and displacement.Abdiaziz Hassan Mohamed Laftagareen, the President of Southwest State, announced his resignation on Facebook, stating that he had been in office for more than seven years. His resignation comes days after he was re-elected for another five-year term, an election the federal government deemed illegal.Earlier on Monday, Somalia's federal forces entered Baidoa, taking full control of the city and marking the start of a political transition. A local elder described the city as calm but a ghost town.The Southwest state's transition began with the appointment of its finance minister, Ahmed Mohamed Hussein, as acting president through a formal decree. The central government in Mogadishu hailed the state's transition and urged calm and unity.The federal government emphasized that no acts of retaliation will be tolerated, underscoring its commitment to protecting lives and property during this sensitive political transition.The dispute with Southwest is the latest sign of strain in Somalia's fragile federal system, where disputes over elections and the balance of power between Mogadishu and regional administrations repeatedly open up political fault lines.

A devastating gang attack near Petite-Riviere in Haiti's Artibonite region has claimed the lives of at least 70 people and injured 30 others, according to the Defenseurs Plus human rights group. This grim toll significantly exceeds official estimates, which put the death count at approximately 16.The violence erupted in the early hours of Sunday and continued into Monday, with gang members storming rural communities around Jean-Denis, setting homes ablaze, and displacing an estimated 6,000 people, as per Defenseurs Plus. The United Nations reported that over 2,000 individuals had fled their homes in the preceding days following nearby raids by armed gangs.The attack is attributed to the Gran Grif gang, with its leader, Luckson Elan, allegedly stating that it was a retaliation for assaults on their base in Savien by a rival armed group. This incident marks another in a series of massacres in the area, largely attributed to Gran Grif, which has been designated as a 'terrorist' organization by the United States.The Artibonite region, a crucial agricultural area, has witnessed some of Haiti's worst violence. Despite increased policing efforts and promises of foreign support for Haiti's security forces, gang conflict has spread beyond the capital, Port-au-Prince. The Haitian National Police has launched an operation to apprehend the fleeing gang members.This surge in violence is part of a larger crisis, with close to 20,000 people killed in Haiti since 2021, according to a recent UN report. The situation has worsened an economic crisis and access to food, with over 1.4 million people, or about 12 percent of Haiti's population, displaced by the conflict with armed gangs.

Iran's Islamic Revolutionary Guard Corps (IRGC) has claimed responsibility for conducting missile and drone attacks on aluminium facilities in Bahrain and the United Arab Emirates (UAE). According to a statement carried by Iran's state broadcaster IRIB, the IRGC targeted sites on Saturday that were allegedly linked to US military bases in the Gulf states.The attacks resulted in injuries to two employees at Aluminium Bahrain (Alba) and significant damage to one of Emirates Global Aluminium (EGA) sites in Abu Dhabi, with six people injured. The IRGC stated that the strikes were in retaliation for a US-Israeli attack on Iranian industrial infrastructure launched from military bases hosting US forces in the Gulf states.The attacks have raised concerns about the global aluminium supply, with estimates suggesting that between 4 to 9 percent of the global supply comes from this region. The escalation of attacks in the Middle East has led to increased tensions, with Saudi Arabia intercepting and destroying 10 drones and the Kuwaiti National Guard shooting down four drones.Analysts warn that if Iran continues to match attack for attack, the situation could become very concerning, potentially leading to further escalation in the Gulf Cooperation Council. The attacks have also prompted Oman's Foreign Ministry to condemn the attacks on its territory, with authorities investigating the sources and motives behind the assaults.