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When President Donald Trump inaugurated Operation Epic Fury with Israel on 28 February, his administration outlined broad goals: neutralise Iran’s missile programme, cripple its navy and prevent a nuclear breakout. Within a month those objectives morphed, expanded and at times directly contradicted each other. On 29 March, aboard Air Force One, Trump told reporters that Iran had accepted most of Washington’s 15‑point demand list, conveyed through Pakistan, and even shipped oil to the United States as a goodwill gesture. In the same interview he floated the idea of seizing Kharg Island—the hub for 90 % of Iran’s oil exports—stating, “maybe we take Kharg Island, maybe we don’t. We have a lot of options.” The following day, 30 March, Trump posted on Truth Social that the United States was in “serious discussions with a new, more reasonable regime” in Tehran and claimed “great progress.” He simultaneously warned that, absent a swift deal, the U.S. would destroy Iran’s power plants, oil wells, Kharg Island and even its desalination facilities, and would force the Strait of Hormuz to reopen immediately. By 31 March, with U.S. gasoline prices climbing above $4 per gallon, Trump hinted at a rapid withdrawal, saying the U.S. would leave Iran “within two or three weeks.” He told European allies that if they needed oil or gas they could “go up through the Hormuz Strait” on their own, and rebuked the United Kingdom for not standing up for itself. On 1 April, Trump claimed on Truth Social that Iran’s new leadership had requested a U.S. cease‑fire, but only after the Hormuz Strait was “open, free, and clear.” He reiterated that the war was “not about oil,” yet threatened to blast Iran’s electric grid “back to the stone ages.” Iran’s foreign ministry dismissed the cease‑fire request as “false and baseless,” and the Revolutionary Guard warned the strait remained under its control. Following a U.S.–Israeli strike that demolished a bridge between Tehran and Karaj on 2 April, Trump posted that the next targets would be “bridges, then electric power plants,” signalling an escalation despite earlier talk of withdrawal. Finally, on 3 April, he suggested that reopening Hormuz and seizing Iranian oil could become a “gusher for the world,” a stark reversal of his earlier assertion that the conflict had nothing to do with oil. These rapid shifts illustrate a pattern of policy flip‑flopping that complicates diplomatic efforts, fuels market uncertainty, and raises questions about the strategic coherence of the U.S. approach to the Iran war.

The ongoing war in Iran has ignited a fresh oil supply shock, sending crude prices soaring and rippling through economies worldwide. Analysts note that the conflict’s persistence is tightening global oil flows, prompting immediate spikes in gasoline, diesel, and jet fuel costs. Energy traders report that the heightened uncertainty has amplified market volatility, with benchmark crude benchmarks climbing to levels not seen in months. The price surge is pressuring both consumers and businesses, as higher fuel costs translate into increased transportation expenses and broader inflationary pressures. Governments and central banks are now monitoring the situation closely, aware that sustained higher oil prices could erode economic growth and strain household budgets, especially in regions heavily dependent on imported energy. While the full economic impact remains to be quantified, the consensus among experts is clear: the prolonged Iran war is reshaping the global energy landscape, underscoring the fragility of supply chains and the need for diversified energy strategies.

The current global landscape is marked by uncertainty, with Donald Trump's policies contributing to a sense of instability. As the world grapples with the implications of the Iran war, including a potential global shortage of jet fuel, the UK is reevaluating its relationships. Keir Starmer, leader of the Labour Party, has argued that a closer partnership with Europe is in Britain's national interest. This stance is echoed by Rachel Reeves, highlighting the need for the UK to strengthen its ties with the EU to mitigate the risks of a global economic crisis. The article notes that 63% of Britons would vote to rejoin the EU if a referendum were held today, according to recent YouGov polling. This sentiment is reflected in the growing popularity of a youth mobility scheme that would allow young people to work and study abroad, a proposal that has gained traction even among Leave voters. Starmer's ally, Nick Thomas-Symonds, has been negotiating a deal that would align with EU rules on food and drink, potentially leading to the relabelling of certain products like marmalade. While challenges remain, including competitive trade interests, the article suggests that Europe is choosing unity in the face of crisis. The author, Gaby Hinsliff, argues that Britain has learned from its past mistakes and is now seeking to build a new relationship with the EU at speed. While rejoining the EU is not imminent, the will and political courage are needed to seize this second chance.

The conflict between Iran, the US, and Israel has taken a devastating toll on civilians, with widespread destruction and displacement reported across the country.At the Kapıköy border crossing in eastern Turkey, a mountain pass that serves as one of the few gateways to the west from Iran, many Iranians are fleeing the country due to the intensifying conflict.Amir, a 33-year-old foreign exchange and cryptocurrency trader from Tehran, is one of them. He described the nightly bombardments and said, 'Every night they are bombarding. Boom. Because of the war.'Others, like a pharmacologist from Tehran, are traveling to see their families in Europe, citing anxiety and frustration with the current situation. 'All of the people live with anxiety,' she said. 'We are very tired of the revolution of [the] Islamic republic of Iran.'The UN refugee agency reports that close to 64,000 Iranians arrived in Turkey between March 3 and 30, while more than 48,000 Iranian nationals returned to Iran.The International Organization for Migration estimates that more than 82,000 residential units have been hit by the US and Israeli strikes, affecting 180,000 people.Many at the Kapıköy border point expressed fear and uncertainty about the future, with some saying they were waiting to see what the outcome would be before making a decision.The conflict has had a significant impact on the economy, with part-government-owned corporations ordering people back to work and many businesses forced to close.As the situation continues to deteriorate, many are seeking safety abroad, while others are returning to Iran to be with their families.

The US labor market demonstrated unexpected strength in March, with employers adding 178,000 jobs, significantly exceeding economists' predictions of around 70,000. This growth comes after a revised report showed that the economy lost 133,000 jobs in February, a worse figure than initially stated. The unemployment rate decreased to 4.3%, according to data from the US Bureau of Labor Statistics. The job figures for January were revised upward from 126,000 to 160,000. With these revisions, total employment in January and February is 7,000 lower than previously reported. Despite the positive March numbers, the overall trend in the US jobs market has been sluggish since last year. In 2025, only 116,000 jobs were added to the economy for the entire year, which is roughly the same number added per month in previous years. The slowdown in hiring is attributed to caution among employers, particularly due to consumer inflation experiencing fluctuations over the last year. US inflation dipped to 2.3% in April 2025 before rising to 3% in September. Since the start of this year, price increases have remained steady at 2.4%. The ongoing US-Israel war with Iran is expected to drive inflation higher if the situation escalates. The labor market's uncertainty is also reflected in the 'quits rate,' which fell to 1.9%, the lowest since 2020. This suggests that workers are choosing to stay in their current jobs due to uncertainty in the labor market. Adding to the economic pressure, US average gas prices recently surpassed $4 a gallon, and experts warn that every $10 increase in the price of a barrel of oil can lead to a 0.2% climb in inflation, reminiscent of the price shocks seen in 2022 following Russia's invasion of Ukraine.

Iranian football has made significant progress in its bid to participate in World Cup 2026, set to take place in the United States. A face-to-face meeting between Iranian football federation officials and FIFA President Gianni Infantino in Turkiye resulted in a positive outcome for football diplomacy. The Iranian football federation reported that Infantino offered tangible help for the squad to prepare for the World Cup in the next two months, including potentially organizing a training camp in Turkiye. This development comes as the war between the US and Israel against Iran has cast uncertainty over the team's participation. Infantino assured the Iranian team that FIFA will provide support to give them 'the best possible conditions' to prepare for the World Cup. He also emphasized that there are no plans to move Iran's games to Mexico, which had been a subject of speculation. Iran's World Cup hosts in Arizona, US, are pressing on with training-camp upgrades and security plans, echoing FIFA's 'stick to the schedule' mantra. The Iranian delegation is due to arrive at its Tucson, Arizona training camp by June 10 for the June 11-July 19 tournament. Despite mixed messages about US intentions for the war, talk of Iran boycotting the World Cup or seeking to move its games from Los Angeles and Seattle to Mexico has faded. Iran's team is set to play its first game on June 15 against New Zealand at the Los Angeles Rams' SoFi Stadium in Inglewood.

In the midst of ongoing conflict between Iran, the US, and Israel, a beacon of hope and joy has emerged at the Children's Medical Center in Tehran. The hospital, operating under the Tehran University of Medical Sciences, has become a sanctuary for young patients and their families, providing a much-needed respite from the stress and anxiety of war.On Thursday, families across Iran celebrated Sizdah Bedar, or Nature Day, marking the 13th day of Nowruz, the Persian New Year. While many gathered at Pardisan Park in Tehran to spend time with loved ones, a group of doctors and healthcare providers at the Children's Medical Center worked tirelessly to create a joyful experience for children who could not join in due to illness.Resident doctors and interns have been pooling their own resources and relying on donations to organise activities for the children. The hospital, which has not been impacted by strikes unlike some other medical facilities in Tehran, has seen a decline in patient numbers due to the war, with some parents opting to take their children to paediatric facilities in other cities perceived as safer.Dr. Samaneh Kavousi, one of the organisers, emphasised the importance of providing relief to children and their families, stating, 'We've been trying to do what we can to relieve some of that anxiety.' The hospital's efforts have included art therapy, music, and play activities, as well as distributing fun bags filled with toys and food.Despite the challenges posed by the war, the hospital remains prepared to quickly bounce back to normal activity levels when the conflict ends. Dr. Zeynab Aalihaghi, another resident organiser, noted that the facility faces no shortage of medicine at the moment and hopes to continue helping children and their families.As the war continues, the Children's Medical Center in Tehran stands as a testament to the resilience and dedication of healthcare personnel and the importance of providing hope and joy to those affected by conflict.

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%.

Kenya's tea industry is experiencing a severe crisis as a result of the escalating tensions between the United States and Israel against Iran. The conflict has significantly impacted the global economy, and Kenya's tea sector is no exception. The US-Israeli war on Iran has led to increased uncertainty and volatility in the global market, affecting Kenya's tea exports. As one of the world's largest tea producers, Kenya relies heavily on international trade for its tea. The crisis has raised concerns about the future of Kenya's tea industry, which is a significant contributor to the country's economy. The industry provides employment opportunities for thousands of Kenyans and generates substantial revenue for the government. The situation is being closely monitored by industry stakeholders and government officials, who are working to mitigate the effects of the crisis on the tea sector. Potential solutions and strategies are being explored to help Kenya's tea industry recover and stabilize in the face of this challenge.