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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 UK is set to host 35 countries, excluding the US, to discuss ways to reopen the Strait of Hormuz, a crucial shipping route for oil and gas that has been blocked by Iran. Prime Minister Keir Starmer announced that the next phase of discussions, led by the UK and France, will take place on Thursday, with Yvette Cooper, the foreign secretary, alongside international leaders.The meeting will focus on assessing viable diplomatic and political measures to restore freedom of navigation, guarantee the safety of trapped ships and seafarers, and resume the movement of vital commodities. British military planners will meet afterwards to discuss how to marshal their capabilities and make the strait accessible and safe after the fighting has stopped.The blockade has resulted in around 1,000 ships being stranded, with only about 130 ships passing through since the war began, compared to the normal daily number. The strait is a critical route, with a fifth of the world's oil and gas supplies and a third of global fertilisers passing through before the conflict.The US has not been directly invited to participate in the talks, which will include countries that signed a joint statement last month, such as the UK, France, Germany, Italy, and the Netherlands, as well as Japan, Canada, South Korea, and New Zealand. The Ministry of Defence has sent military planners to US Central Command to explore options for getting tankers through the strait.Iran's Islamic Revolutionary Guards Corps has stated that the Strait of Hormuz will remain closed to 'enemies of this nation', and US President Donald Trump has posted that there will be no ceasefire with Iran until it relinquishes control of the waterway.

Israel has unleashed a significant military operation against Iran, launching two waves of attacks on Tehran and killing a senior Hezbollah commander. The attacks have escalated tensions in the region, with Iran's president, Masoud Pezeshkian, denying claims of a ceasefire request.US President Donald Trump has claimed that Iran's leadership is seeking a ceasefire, but Iran's foreign ministry spokesperson has denied this, calling Trump's account 'false and baseless'.The conflict has resulted in at least 1,900 people killed and 20,000 injured in Iran, according to estimates from the International Federation of Red Cross and Red Crescent societies. The Israeli military has also reported that 10 of its soldiers have been killed since fighting broke out on the Lebanese front.The attacks have had significant economic implications, with the strait of Hormuz effectively closed to oil and gas tankers and other merchant shipping since the beginning of the conflict, hiking oil prices and causing critical shortages around the world.Iran's president has written to Americans, asking which of their interests are being served by this war, and stating that Iranians 'harbor no enmity towards other nations, including the people of America'. The conflict continues to escalate, with further waves of attacks reported across the densely populated centre of Israel.

America faces an unprecedented concentration of wealth: the richest 1% now control more assets than the bottom 93% of households, and a single individual, Elon Musk, with a net worth of $805 billion, holds more wealth than the lower‑half of the population combined.Recent tax policies have amplified this gap. In the year following the largest tax cut in U.S. history, 938 billionaires added $1.5 trillion to their fortunes, while President Trump and his family saw a modest increase of $4 billion. Four Wall Street giants—BlackRock, Vanguard, Fidelity and State Street—own stakes in more than 95 % of publicly traded companies, cementing corporate dominance across the economy.Political influence mirrors financial power: by the 2026 midterms, just 50 billionaires had poured over $433 million into campaign activities, shaping policy to protect their interests.Meanwhile, the average American worker is earning roughly $20 per week less than in 1973 after inflation adjustment, despite decades of productivity gains. The Rand Corporation estimates that $79 trillion has shifted from the bottom 90 % to the top 1 % over the past half‑century.Economic hardship is widespread: 60 % of households live paycheck to paycheck, nearly half of older workers lack retirement savings, and over 20 % of seniors survive on less than $15,000 annually. Health‑care insecurity affects 85 million Americans, with more than 500,000 filing for bankruptcy each year due to medical debt.At the heart of the problem is a tax code engineered by the affluent. Billionaires now pay lower effective rates than typical workers. For example, Musk’s tax rate sits below 3.3 % compared with an 8.4 % rate for a truck driver; Jeff Bezos paid under 1 % versus 8.7 % for a firefighter; Michael Bloomberg’s rate was 1.3 % against 13.3 % for a registered nurse; and Warren Buffett’s rate was a mere 0.1 % while a schoolteacher paid nearly 10 %.Corporate tax avoidance compounds the issue. After a $900 billion corporate tax break, major firms such as Tesla, SpaceX, Palantir, Ticketmaster and the parent of Taco Bell, Pizza Hut and KFC reported zero federal income tax despite generating over $17 billion in profit.Public sentiment is shifting. In California, voters favor a billionaire tax by a two‑to‑one margin, and in New York City, 62 % back a 2 % surtax on the ultra‑wealthy. Nationwide, more than six in ten Americans believe the wealthy and large corporations pay too little.In response, Senator Sanders introduced legislation to impose a 5 % wealth tax on the 938 billionaires whose combined net worth exceeds $8.2 trillion. Over a decade, the measure would generate roughly $4.4 trillion.The first‑year rollout would deliver a $3,000 direct payment to every household earning $150,000 or less—equating to $12,000 for a typical family of four. Additional provisions include constructing 7 million affordable housing units, expanding Medicare to cover dental, vision and hearing, providing universal childcare, raising the minimum teacher salary to $60,000, and guaranteeing Medicaid‑funded home health care for seniors and people with disabilities.Crucially, the plan would reverse recent health‑care cuts that stripped coverage from 15 million Americans, ensuring no additional loss of insurance.Even if the tax were applied retroactively, the impact on the ultra‑rich would be modest relative to their fortunes: Elon Musk would owe an extra $42 billion, Mark Zuckerberg an additional $11 billion, and Jeff Bezos another $11 billion—figures that would barely dent their net worths.As Justice Louis Brandeis warned in 1933, “We must make our choice. We may have democracy, or we may have wealth concentrated in the hands of a few, but we cannot have both.” Senator Sanders argues the choice is clear: a democratic economy that serves the many, not a plutocratic system that serves the 1 %.The wealthiest Americans must begin contributing their fair share.

Energy crises do more than lift household bills; they can reshape an entire economy. In the 1970s the United Kingdom responded to oil shortages by expanding North Sea extraction and becoming a net energy exporter. Today, with a 10 million‑barrel‑per‑day supply deficit and a fifth of global LNG trade under strain, that strategy no longer offers security.The UK is now acutely vulnerable to volatile gas prices. Inflation expectations are rising, markets anticipate higher interest rates, and borrowing costs have surged to levels not seen since the 2008 financial crisis. The ripple effect is already evident in food markets, where inflation hit 3.3 % in February and could climb sharply within three months.New data reveal that the hundreds of North Sea licences granted since 2010 have added merely 36 days of extra gas production. Major oil majors such as BP are re‑emphasising oil and gas to reassure investors, while Shell continues aggressive share‑buy‑backs. The reality is clear: fossil‑fuel giants cannot be the rescue plan.Gas should no longer set the price floor for electricity. As the grid leans more on wind and solar, gas must be treated as a backup resource, compensated with a fixed or regulated price rather than wholesale market volatility. Research from University College London and Common Wealth outlines a practical model for this approach.Beyond market reforms, households need a safety net. An essential energy guarantee—a capped, affordable band of consumption for every home—mirrors schemes adopted in Austria, the Netherlands and Poland after the 2022 crisis and would be more targeted than the current blanket price‑support guarantee.Similarly, a protected basket of staple foods, backed by long‑term procurement and direct support for domestic producers, could stabilise prices. France’s 2023 anti‑inflation shopping‑basket experiment offers a template, and the UK already supplies over 60 % of its own food, though it remains dependent on imports for fruits, vegetables, rice and fertilisers.The long‑term solution lies in renewable power. Record wind generation this year has already reduced gas‑fired output, while consumer interest in solar panels, batteries and heat pumps is soaring. A typical solar‑plus‑battery system can slash a household’s electricity bill to under £2 per month, and electric‑vehicle owners can save more than £1,000 annually on fuel costs.To unlock these savings, the government must back financing mechanisms such as zero‑interest loans, subscription‑style purchases for solar and heat‑pump kits, and leasing schemes for electric vehicles. On a larger scale, a dual‑interest‑rate policy—standard rates for the broader economy and preferential, low‑cost funding for clean‑energy projects—could mirror the green‑lending models already used by China’s central bank and the Bank of Japan.In short, the United Kingdom faces a decisive moment. The 1970s taught that energy shocks can remake a nation; the question now is whether the UK will seize this crisis to protect living standards and build a resilient, low‑carbon energy system for the decades ahead.

An Israeli airstrike in the Gaza Strip resulted in the deaths of a father and his two‑year‑old son, according to a report from Al Jazeera dated March 31, 2026. The incident highlights the persistent risk to civilians amid ongoing hostilities between Israel and Hamas. While the specific location of the strike was not disclosed, the loss of a child has intensified international scrutiny over the proportionality of military operations in densely populated areas. Humanitarian groups have repeatedly warned that such casualties can exacerbate humanitarian crises and fuel further resentment among the local population. Analysts note that civilian deaths, especially of children, often shape diplomatic narratives and can influence foreign policy responses. Each civilian casualty not only deepens the human tragedy but also complicates efforts toward ceasefire negotiations and post‑conflict reconstruction. The incident arrives at a time when both sides are under pressure to adhere to international humanitarian law. Observers stress that protecting non‑combatants is a legal and moral imperative that, if ignored, could lead to broader regional instability. As the situation evolves, the international community is likely to monitor the incident closely, with potential implications for aid delivery, diplomatic engagements, and future military strategies in the region.

Ukrainian President Volodymyr Zelenskyy has announced that he will ask US mediators to convey his proposal for an Easter ceasefire to Russia. This offer aims to suspend attacks on Ukraine's energy facilities during the Easter holidays.Zelenskyy made this statement on the sidelines of an event marking the fourth anniversary of Ukraine's Bucha massacre. He plans to discuss this proposal with US envoys Steve Witkoff and Jared Kushner in online talks scheduled for Wednesday.“I will definitely convey this proposal to the United States,” Zelenskyy said. “We are ready for a ceasefire for the Easter holidays … We are ready for any compromises, except compromises involving our dignity and sovereignty.”Earlier, Kremlin spokesman Dmitry Peskov responded coolly to Zelenskyy's previous mention of an energy truce, stating that they hadn't seen any clearly formulated initiatives for an Easter truce from Zelenskyy.Zelenskyy's offer comes after he mentioned that some of Ukraine's allies had sent signals about potentially scaling back long-range strikes on Russia's oil sector due to surging global energy prices.Ukraine has escalated its attacks on Russian energy to prevent Russia from benefiting from high oil prices and easing sanctions. In return, Zelenskyy stated that Ukraine is ready to reciprocate if Russia stops attacking the Ukrainian energy system.The US, Russia, and Ukraine have held three rounds of high-level trilateral talks this year, but progress has been stalled, particularly on the issue of territory in eastern Ukraine. Russia insists that Ukraine cede control of the Donbas region, which Zelenskyy has refused to consider.Zelenskyy also mentioned that Russia has told the US it could conquer the remainder of the Donbas region in two months, but Kyiv believes it can continue defending its "fortress belt" of industrial towns and cities in the Donbas for years.

Beirut, Lebanon – On 24 March, Foreign Minister Youssef Raggi announced that Iran’s ambassador to Lebanon, Mohammad Reza Sheibani, was declared persona non grata and ordered to depart by 29 March. Two days after the deadline, the envoy remained in Beirut, refusing to leave. The episode unfolds against a broader conflict that has already claimed more than 1,000 lives and displaced over 1.2 million people within a single month of Israeli military action in Lebanon. It also highlights a deepening schism in Lebanese politics between supporters of the pro‑Iranian Shia militia Hezbollah and those demanding its disarmament. Imad Salamey, a political scientist at the Lebanese American University, told Al Jazeera that the ambassador’s defiance is a symptom of a larger contest over legitimacy and authority. IRGC’s Strategic Role Iran’s Islamic Revolutionary Guard Corps (IRGC) helped forge Hezbollah in 1982 as a response to Israel’s invasion. Over the decades, Tehran’s billions of dollars in funding elevated Hezbollah to Lebanon’s most powerful political and military force. Hezbollah’s popularity peaked in 2000 after driving Israeli forces from south Lebanon, but subsequent engagements—including the 2006 war, the 2008 Beirut street battles, the Syrian civil war, and the 2019 domestic protests—have eroded its broader support. When Hezbollah entered open conflict with Israel on 8 October 2023, it enjoyed limited backing beyond the Shia community. By the November 2024 cease‑fire, the group was at a low point, with Israel having killed more than 4,000 Lebanese, including leader Hassan Nasrallah and much of Hezbollah’s command. International pressure then mounted for Hezbollah’s disarmament, prompting Prime Minister Nawaf Salam and President Joseph Aoun to prioritize the issue. According to several analysts, the IRGC exploited the cease‑fire lull to dispatch officials to Lebanon, restructuring Hezbollah’s command and possibly ordering its re‑entry into the war on 2 March—just days after Iran’s Supreme Leader Ali Khamenei was assassinated. Prime Minister Salam has publicly claimed the IRGC is “managing the military operation in Lebanon” and even accused Tehran of launching an attack on Cyprus. Ambassador Refuses to Exit In response to the perceived IRGC influence, Raggi’s declaration stripped Sheibani of diplomatic immunity. Dania Arayssi, senior analyst at the New Lines Institute, described the move as a “landmark decision” given Iran’s entrenched role in Lebanese politics. Iran’s Foreign Ministry, however, maintains that Sheibani will not depart, and Hezbollah has openly pledged to protect him, warning that any government attempt to disarm the militia will be met with “punishment.” Parliament Speaker Nabih Berri—longtime Hezbollah ally—initially backed the government’s ban on Hezbollah’s military activity after the March re‑entry, illustrating the fluidity of alliances within Lebanon’s power‑sharing system. State Authority Tested Hezbollah’s renewed campaign, which includes dozens of cross‑border attacks and direct engagements with Israeli forces on Lebanese soil, is reshaping the political calculus. The militia’s revived confidence challenges the Lebanese government’s ability to enforce disarmament. While the ambassador remains protected inside the Iranian diplomatic compound—effectively beyond the reach of Lebanese law—critics argue that Tehran’s refusal to honor the expulsion order undermines the state’s authority, already weakened by months of war. Salamey summed up the dilemma: “The state is asserting its authority on paper, but internal divisions and competing claims of legitimacy constrain its practical power, testing the limits of Lebanon’s fragile power‑sharing arrangement.”

During an emergency session of the United Nations Security Council, humanitarian chief Tom Fletcher pressed members to outline concrete measures for safeguarding Lebanese civilians as Israel intensifies its ground offensive and aerial bombardment.Fletcher highlighted the stark parallel between Israel’s stated objectives in Lebanon and the ongoing genocidal war in Gaza, asking the council how it intends to prevent a repeat of the humanitarian catastrophe witnessed there.Since the escalation on 2 March, more than 1.1 million people have been forced from their homes across Lebanon, a displacement surge linked to Israel’s retaliatory strikes after Hezbollah fired missiles into northern Israel.In a video address, Israeli Defence Minister Israel Katz announced that, once the current operation concludes, the Israeli army will establish a security zone extending to the Litani River and maintain control over the area, effectively creating a new occupied territory.Israeli forces have pushed deeper into the south this week, claiming the moves are necessary to shield northern Israeli communities from missile attacks. Human‑rights organisations have condemned the expansion, warning that targeting civilian infrastructure and preventing residents from returning would exacerbate the crisis.The heightened conflict has also claimed the lives of three UN peacekeepers. Two Indonesian soldiers were killed on Monday when an unexplained explosion destroyed their vehicle near the village of Bani Haiyyan, while a third Indonesian peacekeeper died the previous day after a projectile detonated at a UNIFIL post near Aadshit al‑Qusayr.UN Under‑Secretary‑General for Peace Operations Jean‑Pierre Lacroix said early investigations suggest a roadside blast was responsible for the Monday deaths, emphasizing that such incidents must not occur and that peacekeepers should never be targeted.A spokesperson for Secretary‑General Antonio Guterres condemned the attacks, stating they breach international law and could constitute war crimes. The statement called for accountability and urged all parties to uphold their legal obligations to protect UN personnel and property at all times.