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World Economy Apr 11, 2026

US Inflation Surges to 1% in March Amid Iran War and Energy Market Disruptions

The US inflation rate rose to 0.9% in March, driven by a significant increase in energy prices due …
The United States has experienced a notable surge in inflation, with consumer prices rising by nearly 1 percent in March. This significant increase, one of the highest short-term inflation rates in years, is largely attributed to the disruption of energy markets amid the ongoing conflict with Iran. According to a report by the US Bureau of Labor Statistics, the inflation rate in March was 0.9 percent, up from 0.3 percent in February. This marks the largest increase since May 2022, during the peak of the cost-of-living crisis triggered by the COVID-19 pandemic. The March increase was primarily driven by energy prices, with gasoline prices surging by 21.2 percent and fuel oil prices increasing by more than 30 percent. The energy index saw a 10.9 percent increase in March, the largest monthly rise since September 2005. The escalation in prices followed the US and Israel's launch of an all-out war on Iran on February 28, which resulted in the killing of Iran's Supreme Leader Ali Khamenei. In response, Tehran closed the Strait of Hormuz, causing oil and gas prices worldwide to skyrocket. The price of a barrel of oil reached $120, up from about $70 on February 27. In the US, the price of one gallon of gasoline exceeded $4.1, a significant increase from less than $3 before the conflict began. Although a two-week ceasefire was agreed upon between the US and Iran, marine traffic in the Strait of Hormuz remains at a fraction of its pre-war levels. US President Donald Trump has warned Iran against blocking the strait or charging vessels for safe passage. About 20 percent of the world's oil passes through the Strait of Hormuz. While the ceasefire has brought some relief to the global energy market, with oil prices dropping to less than $100, US consumers are still paying $4.15 on average at the petrol pump. Experts suggest that it will take several months for prices to stabilize. The inflation report comes as US politicians focus on the cost of living and affordability, ahead of the November midterm elections. Trump's Democratic rivals have criticized him for launching the war without congressional approval, highlighting the increased economic costs for Americans.
#iran #war #percent
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World Apr 10, 2026

Iranian‑American Congresswoman Yassamin Ansari Demands Trump’s Ouster Over Iran War and Alleged War Crimes

U.S. Representative Yassamin Ansari, the sole Iranian‑American Democrat in Congress, condemned Pres…
Congresswoman Yassamin Ansari – an Iranian‑American representative from Arizona – publicly labeled President Donald Trump an “evil human being” who aspires to be an emperor, and urged that he be removed from office in light of the escalating war with Iran. Ansari, whose parents fled the Iranian regime in the 1970s, issued a statement after Trump’s threat to annihilate Iran’s civilization was followed by a tentative two‑week cease‑fire. She expressed relief for the 90 million Iranians who had spent a harrowing day fearing a nuclear catastrophe. In a phone interview, the 34‑year‑old lawmaker described Trump as “mentally unstable, deeply troubled, and solely self‑interested,” adding that his policies have stripped basic services from average Americans while enriching his family. Ansari warned that Trump’s rhetoric – promising an “America first” stance yet launching strikes on seven nations – constitutes a clear danger to both Iran and the United States, and she called for the cabinet or Congress to intervene under the 25th Amendment. She cited a series of controversial foreign‑policy moves, including the alleged illegal kidnapping of Venezuelan leader Nicolás Maduro, threats to seize Greenland, erosion of NATO credibility, and talk of taking over Cuba. In Iran, she argued, the administration has already committed war crimes by targeting schools, bridges and hospitals. Ansari also highlighted the broader humanitarian fallout: destroyed civilian infrastructure, a collapsing economy, soaring food‑security risks, and mass starvation. She relayed a conversation with a young Iranian doctor who described doubled prices and a dire economic outlook, urging the U.S. to cease attacks on civilian targets. Beyond Trump, the congresswoman announced plans to introduce articles of impeachment against Defense Secretary Pete Hegseth, accusing him of repeatedly violating his oath by facilitating war‑crimes. She criticized Vice‑President JD Vance for not mobilising the cabinet to remove Trump, and warned that the current crisis represents a “five‑alarm‑fire moment” unprecedented in modern American history. Ansari’s remarks come amid a shifting Iranian diaspora sentiment. While some Iranian‑American groups initially celebrated the war’s onset, many now view the U.S. and Israeli bombing campaigns as counter‑productive, fearing they bolster the hard‑line regime. Following the death of Supreme Leader Ayatollah Ali Khamenei, the regime’s grip appears tighter, with his son Mojtaba Khamenei assuming leadership. Ansari stressed that the Islamic Revolutionary Guard Corps remains entrenched, and that the regime continues to exploit civilian suffering for propaganda. She concluded by urging Americans to recognise Iran’s rich cultural heritage and to reject the notion that bombing will liberate its people, emphasizing that the United States must avoid actions that only strengthen an authoritarian government.
#trump #iran #ansari
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Politics Apr 10, 2026

Iran's Khamenei Claims 'Final Victory' Over US and Israel Amid Fragile Ceasefire

Iran's supreme leader, Mojtaba Khamenei, claims a 'final victory' over the US and Israel in their r…
Iran's supreme leader, Mojtaba Khamenei, has declared a 'final victory' in the war against Israel and the United States, despite a fragile ceasefire being threatened by Israel's continued offensive on Lebanon.Marking 40 days since his father, Ayatollah Ali Khamenei, was killed in a US-Israeli attack, Khamenei stated that Iran had 'astonished the world' during the course of the war. He emphasized that Tehran is not seeking war but is fighting for its legitimate rights.Khamenei warned that Iran will not leave 'criminal aggressors' unpunished and will demand compensation for damages and the blood of martyrs and the wounded. He also mentioned that Iran will move towards a 'new phase' regarding the Strait of Hormuz, which has been effectively blockaded since the war began.The US and Iran agreed to a two-week ceasefire mediated by Pakistan, allowing for negotiations to take place. However, Israeli air strikes across Lebanon on Wednesday killed over 300 people, threatening the truce amid disagreements on whether Beirut was part of the agreement.Khamenei stated that Iran is ready to respond if attacks resume, saying 'our hands are on the trigger'. Despite this, he emphasized that Iran will not renounce its legitimate rights under any circumstances, considering the entire resistance front as a whole.Delegations from Iran and the US are expected in Pakistan on Saturday to hold talks on ending the war.
#Iran #Khamenei #United States
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News Apr 10, 2026

Iran warns US that supporting Israel’s Lebanon offensive would ‘dumbly’ undermine regional ceasefire

Iranian Foreign Minister Abbas Araghchi cautioned that the United States would be acting foolishly …
Iranian Foreign Minister Abbas Araghchi warned on Thursday that it would be "dumb" for the United States to permit Israel to jeopardise the newly‑declared regional ceasefire by persisting with its intense bombardment of Lebanon, a campaign that has already claimed hundreds of lives. Araghchi noted that Israeli Prime Minister Benjamin Netanyahu’s corruption trial is set to resume on Sunday, suggesting the prime minister may have ulterior motives for sustaining the fighting. He wrote on social media that a ceasefire encompassing Lebanon would "hasten his jailing," implying that the truce could pressure Netanyahu’s legal woes. Addressing Washington directly, Araghchi said: "If the US wishes to crater its economy by letting Netanyahu kill diplomacy, that would ultimately be its choice. We think that would be dumb but are prepared for it." The statement echoes language used by U.S. Vice President JD Vance the previous day, who warned that Iran would find it "dumb" to let the ceasefire collapse over Lebanon, yet framed it as a choice for Tehran. Since the ceasefire was announced on Tuesday, the dispute over whether it applies to Lebanon has become a central obstacle to sustaining the truce. Iranian officials and media have hinted that Tehran could respond militarily to Israel’s assault on Lebanon or even block the Strait of Hormuz to enforce a Lebanon‑wide ceasefire. President Donald Trump told NBC News that he had spoken with Netanyahu and urged the Israeli government to "scale back" its operations in Lebanon, describing the approach as "low‑key." Vance also reported that Israeli officials had agreed to "check themselves a little bit in Lebanon." Despite these diplomatic overtures, the violence shows no sign of abating. The death toll from recent Israeli strikes in Lebanon has already surpassed 300, marking one of the deadliest days in the country’s recent history. On Thursday, Israel launched several new attacks, including a strike that killed four rescuers in the southern town of Borj Qalaouiye, and issued a displacement order for Beirut’s Jnah district, home to two major hospitals and tens of thousands of residents and displaced persons. The United States has a track record of asserting that Israel will curb its military actions, only to witness continued strikes. In 2024, the Biden administration insisted that Israel’s operation in Rafah was "limited," yet the Israeli military ultimately razed nearly every structure in the city, a tactic now hinted at for southern Lebanon. The Lebanese conflict escalated into full‑scale war in early March after Hezbollah fired rockets in retaliation for Israeli strikes and following the killing of Iranian Supreme Leader Ayatollah Ali Khamenei on February 28. Since a separate November 2024 ceasefire, Israel has maintained near‑daily attacks on Lebanon, targeting civilian infrastructure and deepening the humanitarian crisis.
#iran #israel #lebanon
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Gallery Apr 10, 2026

Iranians Hold Nationwide Rallies to Honour Late Supreme Leader Ali Khamenei

Thousands of Iranians gathered across the country to pay tribute to former Supreme Leader Ali Khame…
Thousands of Iranians have gathered nationwide to honour the memory of former Supreme Leader Ali Khamenei, who governed the nation for nearly 40 years until his death in recent US-Israeli strikes that sparked the latest Middle East conflict.The national tribute commenced at 9:40am (06:10 GMT), the exact time Ali Khamenei was killed on February 28 at his Tehran residence, along with several other senior Iranian officials.State television broadcast footage showing thousands participating in memorial rallies across Iran on Thursday, with many carrying portraits of the late leader in cities including Urmia in the northwest, Gorgan in the northeast, and the capital Tehran.His successor, son Mojtaba Khamenei, has remained out of public view since before the war began, and was not expected to attend the nationwide commemorative events held Thursday.The attack initiated the Middle East conflict that has since engulfed the region, with Iran responding by targeting US assets and allies across the Gulf and launching strikes against Israel.Due to the ongoing war, a formal state funeral for the late supreme leader has yet to be held.
#leader #khamenei #late
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News Apr 09, 2026

Iran Ceasefire Brings Relief to Tehran Amidst Ongoing Tensions

A two-week ceasefire between Iran and the US, mediated by Pakistan, has brought partial relief to T…
Residents of Tehran and much of Iran are breathing a sigh of relief after a two-week ceasefire was announced, bringing an end to daily bombardments. The ceasefire, agreed upon by Iran and the US with mediation from Pakistan, has allowed some traffic to return to the streets of the Iranian capital during daylight hours.Despite the temporary reprieve, Tehran remains far from its usual bustling state, having been targeted by several thousand munitions since February 28. The Iranian capital is home to more than 10 million people. Air defence systems were activated for short periods several times since the ceasefire was announced overnight, but there were no reports of impacts or any official explanation for the activations.People across Tehran are debating whether the ceasefire will hold and what the future may hold for them. A young man noted, “Looks like the ceasefire will continue. I heard the Israelis are opening up their airspace more,” referring to an announcement by Israeli authorities that flights will resume from Ben Gurion Airport.However, others are more pessimistic, especially after two critical islands off southern Iran were attacked on Wednesday morning, hitting oil facilities. It is unclear who was behind the attack. The Islamic Revolutionary Guard Corps (IRGC) said it shot down a drone in the southern province of Fars.Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, and Bahrain also reported attacks on their territories by missiles and drones from Iran, with Iranian state television confirming this was in retaliation for the post-ceasefire oil attacks. Tehran said it was ready to restart military operations if attacked again.On Tuesday, Iranians had been worried about the targeting of critical civilian infrastructure, such as power plants and bridges, after a threat from US President Donald Trump to end “civilisation” in a country with one of the world’s oldest civilisations. The ceasefire was announced shortly before the midnight GMT deadline that Trump had set for an agreement to be reached.The Israeli military intensified its attacks in the hours preceding the ceasefire, hitting electricity outposts, bridges, and the railway network. Warplanes also struck the Iranian Aluminium Company in Arak, damaging the country’s largest aluminium production facility.Even after the ceasefire, Israel continued attacking Lebanon, killing more than 250 people in a devastating day of attacks on Wednesday. Israel said it was targeting Iran’s ally Hezbollah, but civilian locations across Lebanon were hit.Trump hailed what he described as a decisive victory against Iran while announcing the ceasefire, but his top general emphasised that the deal only signifies a pause and combat operations could start once again if no final deal is reached. The US military said it struck 13,000 targets across Iran in less than six weeks of war.In Iran, similar proclamations of victory and celebrations were broadcast from Iranian state television. A statement from the Supreme National Security Council urged supporters of the government to trust in the system and refrain from making “divisive commentary”.The council also stressed that affairs were being overseen by Mojtaba Khamenei, who was declared Iran’s supreme leader after his father, Ayatollah Ali Khamenei, was killed on the first day of the war on February 28.
#iran #israel #ceasefire
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Politics Apr 09, 2026

US Vice President JD Vance cautions Iran against sabotaging US‑Iran ceasefire over Lebanon

Vice President JD Vance warned Iran that abandoning the US‑Iran ceasefire over Lebanon would be a s…
Vice President JD Vance warned Iran that jeopardising the US‑Iran ceasefire over Lebanon would be "dumb", emphasizing that the United States expects the truce to remain intact despite Tehran’s frustrations. Pakistan, which brokered the two‑week ceasefire, publicly stated that Lebanon is part of the agreement. Vance, speaking to reporters in Hungary, countered that the United States does not consider Israel’s ongoing strikes on Lebanon as covered by the ceasefire. "If Iran wants to let this negotiation fall apart – in a conflict where they were getting hammered – over Lebanon, which has nothing to do with them and which the United States never once said was part of the ceasefire, that’s ultimately their choice," Vance said, adding, "We think that would be dumb, but that’s their choice." Iranian Foreign Minister Abbas Araghchi echoed Pakistan’s position, highlighting Lebanon in his repost of Prime Minister Shehbaz Sharif’s statement and asserting that the ceasefire terms are clear: the US must choose either a ceasefire or continued war via Israel. President Donald Trump and the White House, however, maintain that Lebanon was not part of the deal. Vance dismissed the contradictory messages as a "misunderstanding" and "bad faith propaganda," suggesting the Iranians mistakenly believed Lebanon was included. The lack of a clear explanation from US officials leaves observers questioning how such a misunderstanding could arise amid high‑stakes diplomacy. Israel’s track record of breaching ceasefires dates back to the November 2024 truce with Lebanon. On Wednesday, Israeli air strikes in Lebanon killed at least 254 people and injured more than 1,100, marking one of the deadliest assaults in the 15‑month conflict. Vance indicated that Israel has signaled a willingness to temper its operations in Lebanon, stating the Israelis have "committed to check themselves a little bit in Lebanon" to ensure the US‑Iran negotiations stay on track. The broader conflict intensified in early March after Hezbollah launched rockets in retaliation for Israeli attacks and the killing of Iran’s Supreme Leader Ali Khamenei. Hezbollah now faces internal pressure from rival factions accusing it of dragging Lebanon into war on Iran’s behalf. Iran’s Islamic Revolutionary Guard Corps (IRGC) issued a stark warning: if Israeli aggression against Lebanon does not cease immediately, the IRGC will deliver a "regretful response" to what it called "evil aggressors" in the region.
#JD Vance #Iran #IRGC
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Politics Apr 08, 2026

US Lawmakers React Cautiously to Trump‑Brokered Two‑Week Iran Ceasefire, Call for Accountability

President Trump announced a two‑week ceasefire with Iran, prompting mixed reactions in Washington: …
Washington, D.C. – President Donald Trump declared a two‑week ceasefire with Iran on Tuesday, just hours after threatening a massive attack on the country. The pause will allow Iran to reopen the strategic Strait of Hormuz while both sides negotiate a longer‑term settlement. Republican Senator Lindsey Graham, a noted Iran hawk, welcomed the diplomatic move but stressed extreme caution. He praised the “hard work” of negotiators but warned that any agreement must be scrutinized, noting that Iran’s 10‑point plan reportedly offers sanctions relief and permits Tehran to retain control of the strait. Graham also warned that Iran must not be rewarded for its earlier attacks on the strait, writing on X: “We must remember that the Strait of Hormuz was attacked by Iran after the start of the war, destroying freedom of navigation. Going forward, it is imperative Iran is not rewarded for this hostile act against the world.” Democratic senators, while relieved that U.S. forces would be out of immediate danger, seized the moment to demand accountability. Senator Ruben Gallego said, “Stopping war is good… we can criticize why we got into this war, the illegality of it and hold the Trump admin accountable. But right now I am relieved.” Other Democrats, including Senator Ed Markey and Congresswoman Alexandria Ocasio‑Cortez, warned that the ceasefire does not erase the fact that the conflict was launched without congressional authorization and that targeting civilian infrastructure may constitute war crimes. Ocasio‑Cortez wrote, “The President has threatened a genocide against the Iranian people… launched a massive war… without reason, rationale, nor Congressional authorization – which is as clear a violation of the Constitution as any.” Critics on the right, such as far‑right activist Laura Loomer and commentator Mark Levin, dismissed the truce as a temporary pause, predicting the war will resume. Loomer warned, “The negotiation is a negative for our country… I don’t know why people are acting like this is a win.” Levin added, “This enemy is still the enemy; they’re still surviving.” The conflict, which began on February 28 without a congressional war declaration, has already seen high‑profile strikes, including an attack that the article claims killed Iranian Supreme Leader Ayatollah Ali Khamenei and a devastating strike on a girls’ school in Minab that killed over 170 civilians, mostly children. Economically, the closure of the Strait of Hormuz earlier in the war sent oil and gas prices soaring, underscoring the strategic importance of the waterway. Senator Chris Murphy (D) warned that allowing Iran to control the strait would be a “history‑changing win” for Tehran. Across the aisle, lawmakers agree that the ceasefire is not a clean slate. Advocacy director Raed Jarrar of DAWN urged an immediate congressional investigation into the war’s origins, funding, and accountability for civilian casualties. As the two‑week pause unfolds, U.S. officials and legislators will closely monitor negotiations, with the broader debate over war powers, constitutional authority, and potential impeachment of President Trump remaining front and center in Washington.
#Donald Trump #Iran #two‑week ceasefire
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World Apr 08, 2026

US Claims Iran Forced to Seek Ceasefire After Devastating Two‑Week ‘Operation Epic Fury’

U.S. Defense Secretary Pete Hegseth announced that Iran “begged” for a two‑week cease‑fire after a …
At a Pentagon briefing, Defense Secretary Pete Hegseth asserted that Iran’s request for a temporary cease‑fire was a direct result of the United States’ intensive air campaign, which he described as having reduced Iran’s weapons factories to rubble and rendered its military ineffective for years to come. Hegseth, standing beside Joint Chiefs Chairman Dan Caine, said the final wave of strikes before President Donald Trump announced a two‑week pause had completely destroyed Iran’s defense industrial base. While Iran can still fire from existing stockpiles, it can no longer replace lost munitions, according to the secretary. President Trump posted on Truth Social that he had agreed to suspend hostilities less than two hours before his self‑imposed deadline to “decimate the entirety of Iranian civilization.” The decision followed a last‑minute diplomatic push by Pakistan’s Prime Minister Shehbaz Sharif and army chief Gen Asim Munir. Iran’s foreign minister Abbas Araghchi confirmed Tehran’s acceptance of the pause, and the country’s supreme national security council announced it would send a delegation to Islamabad for formal talks starting Friday. Both sides claimed victory: Iran’s security council said it had achieved “nearly all the objectives of the war,” while the United States highlighted the crippling of Iran’s military capabilities. The cease‑fire ends a conflict that began on 28 February, when the U.S. and Israel launched nearly 900 strikes in a 12‑hour window against Iranian military infrastructure, missile sites, and leadership. The opening day saw the death of Supreme Leader Ali Khamenei, with his son Mojtaba Khamenei named successor on 8 March. Hegseth warned that the United States had prepared additional strikes on Iran’s power plants, bridges and energy infrastructure—targets he said Iran could not defend or rebuild for decades—if Tehran had refused the pause. According to Joint Chiefs Chairman Caine, 13 U.S. service members were killed during the fighting. Total casualties across the region exceed 5,000, including over 1,600 Iranian civilians and at least 1,497 deaths in Lebanon. By the sixth day of the war, U.S. military spending had reached roughly $12.7 billion, with a pending supplemental request of $200 billion before Congress. The future of a lasting settlement remains uncertain. Trump later announced that Iran would hand over its enriched uranium and cease all enrichment activities, while Iran’s supreme national security council released a 10‑point counter‑proposal that explicitly demands the right to continue enrichment. Disagreements also persist over the cease‑fire’s scope. Israel maintains that the pause does not apply to Lebanon, where ground and air campaigns are at their most intense since Israel’s northern invasion. Both Pakistan and Iran, however, have stated that Lebanon is included in the cease‑fire. Subsequent reports indicated Iranian missile and drone attacks on Kuwait and the United Arab Emirates, as well as strikes on Iran’s oil infrastructure on Lavan Island. Iran’s supreme national security council warned that its forces remain on high alert, stating, “our hands are on the trigger, and any mistake by the enemy will be met with full force.” When asked about the long‑term U.S. presence in the region, Hegseth replied unequivocally: “We’re not going anywhere.”
#iran #pakistan #israel
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