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Oil price tops $100 again as Iran strikes economic targets across Middle East

Vast release of emergency crude reserves fails to quell mounting fears about supply crunch, rattling marketsBusiness live – latest updatesMiddle East crisis – live updatesOil prices have again topped $100 a barrel as widespread Iranian attacks on energy facilities in the Middle East overshadowed...

12/03/2026 11:43 The Guardian
We attacked Iran with no clear plan for regime change, Israeli security sources say

If regime holds, control of enriched uranium may be ultimate measure of US-Israeli success, insiders sayMiddle East crisis – live updatesIsrael did not have a realistic plan for regime change when it attacked Iran, multiple Israeli security sources have said, with expectations that airstrikes coul...

12/03/2026 10:12 The Guardian
Asia scrambles to confront energy crisis unleashed by Iran war – with no end in sight

From fuel caps to four-day work weeks, the Middle East conflict has left the world’s top crude oil importing region desperate to shore up suppliesDonald Trump has scrambled in recent days to reassure the world that the economic impact of his war on Iran can be contained.Sure, one of the most impor...

12/03/2026 03:40 The Guardian
Iran escalates attacks on infrastructure and transport networks across the Gulf

Iranian officials warn of ‘war of attrition’ and global economic chaos as energy supplies are throttledMiddle East crisis – live updatesIran dramatically escalated its strategy of striking civilian infrastructure and transport networks across the Gulf on Wednesday, attacking commercial ships a...

11/03/2026 23:02 The Guardian
Donald Trump’s mixed messages on Iran leave questions unanswered

More than a week into the US-Israel war on Iran, president has provided little clarity on how the conflict might endThis was originally published in This Week in Trumpland; sign up to receive it in your inbox every WednesdayOne week into the war with Iran, the central questions about the conflict re...

11/03/2026 18:30 The Guardian
Three merchant ships struck as tensions rise in Hormuz strait amid Iran war

Crew of Thai-registered bulk carrier forced to flee fire, as US says it has destroyed 16 Iranian mine-laying vesselsMiddle East crisis live – latest updatesThree merchant ships have been struck in and around the strait of Hormuz, including a Thai registered bulk carrier that caught fire after leav...

11/03/2026 18:15 The Guardian
Countries must seek energy independence through renewables and nuclear, says John Kerry

Former US secretary of state says oil shock driven by war in Iran highlights dangers of reliance on fossil fuelsMiddle East crisis live – latest updatesCountries must seek energy independence through renewable resources and nuclear energy for their national security, and to avoid the “choke poin...

11/03/2026 14:36 The Guardian
IEA orders largest ever release of stockpiled oil to reduce crude price

Members agree unanimously to release about 400m barrels amid market volatility caused by Iran warBusiness live – latest updatesMiddle East crisis live – latest updatesThe International Energy Agency has ordered the largest release of government oil reserves in its history to help calm the oil pr...

11/03/2026 14:27 The Guardian
Thousands of pets being abandoned in Dubai as owners flee over Iran war

RSPCA say animals could become ‘hidden victims’ of conflict as charities in Gulf city report being overwhelmed Middle East crisis live – latest updatesThousands of pets are being abandoned in Dubai as their owners flee the Middle East because of the Iran war, animal charities have said.The RSP...

11/03/2026 13:31 The Guardian
Nigel Farage says Iran ‘bigger danger than Putin’ in New Statesman interview

Reform UK leader supported US war on Iran from start, but is now being accused of a U-turnUK politics live – latest updatesMiddle East crisis – live updatesNigel Farage has suggested Iran “potentially poses a bigger danger than Putin poses to us”, despite Russia having nuclear weapons and in...

11/03/2026 13:29 The Guardian
Average UK mortgage rate tops 5% as lenders scurry to reprice loans amid Middle East crisis

More than 500 lending products pulled in biggest single upheaval since Liz Truss’s mini-budget in 2022How will war in the Middle East affect your finances?Business live – latest updatesAverage mortgage rates in the UK have flown past 5% as lenders scramble to respond to growing turmoil in the ho...

11/03/2026 12:48 The Guardian
Middle East crisis live: Claims new Iranian supreme leader ‘safe’ despite war injuries; ships hit in strait of Hormuz

Comments come amid speculation over the health and whereabouts of Khamenei; Thai navy responds to attack on bulk carrier How have you been affected by the latest Middle East events?Over in Senate question time, the foreign affairs minister, Penny Wong, has confirmed embassies in Abu Dhabi and Tel Av...

11/03/2026 12:17 The Guardian
Wednesday briefing: From missing billions to nonexistent datacentres, inside Britain’s AI drive

In today’s newsletter: Enormous investments in artificial intelligence promised to transform Labour’s growth problems. The reality is much murkierGood morning. For the last few years artificial intelligence has been heralded as the technology that will transform economies. Governments have promi...

11/03/2026 06:51 The Guardian
Middle East crisis live: Iran warns against protests, saying police have their ‘finger on the trigger’

Iran’s police chief says protesters will be treated as ‘enemies’ and that security forces remain stationed in the streetsHow have you been affected by the latest Middle East events?Investor hopes for a swift resolution to the Middle East conflict propelled Australian shares higher today, with...

11/03/2026 01:22 The Guardian
US weighs sending forces into Iran to secure nuclear stockpile, reports say

Tehran has enough material to make at least 10 nuclear warheads but extracting it would be very risky, say expertsMiddle East crisis – live updatesThe Trump administration is reportedly considering the deployment of special forces into Iran to secure its stockpile of highly enriched uranium (HEU),...

10/03/2026 19:28 The Guardian
Royal Navy’s HMS Dragon sails for eastern Mediterranean

Destroyer leaves Portsmouth a week after deployment was announced following drone attack on RAF base in CyprusMiddle East crisis – live updatesThe Royal Navy destroyer HMS Dragon departed Portsmouth on Tuesday afternoon for the eastern Mediterranean after six days of hasty preparation and a week a...

10/03/2026 19:26 The Guardian
Aramco warns of oil market ‘catastrophe’ unless strait of Hormuz reopens soon

Saudi Arabian state oil firm calls crisis by far the biggest the region has seen but firm can reroute 70% of exports and tap crude held in storageHow the Iran conflict could affect energy prices – video explainerSaudi Arabia’s state oil company has warned of “catastrophic consequences” for t...

10/03/2026 19:01 The Guardian
Tehran endures ‘worst night of strikes’ amid mixed US messages about more to come

Hegseth follows Trump’s suggestion war will soon be over by saying US will not stop until Iran ‘decisively defeated’Middle East crisis – live updatesTehran residents say the Iranian capital has endured what they described as its worst night of aerial bombardment, as the US defense secretary,...

10/03/2026 17:38 The Guardian
The HMS Dragon row: why has it taken so long to get a UK destroyer to Cyprus?

The government said a week ago the warship would be deployed but it is still at dock. What is happening?Middle East crisis – live updatesUK politics live – latest updatesThe pace at which HMS Dragon has been readied for deployment to defend a British military base in Cyprus from attacks by Iran...

10/03/2026 11:06 The Guardian
Trump’s ‘free flow of energy’ vow fails to restart shipping in strait of Hormuz

Only two vessels not linked to Iran or Russia have braved ‘chicken run’ since US president’s promise on FridayMiddle East crisis – live updatesOnly two vessels not linked to Iran or Russia have made the “chicken run” through the strait of Hormuz since Donald Trump said he would “ensure...

10/03/2026 10:26 The Guardian
Oil prices fall and stocks rebound after Trump says Iran war could end ‘very soon’

FTSE 100 opens higher and European markets rise as US president describes conflict as ‘very complete’Business live – latest updatesMiddle East crisis – live updatesOil prices have tumbled from four-year highs, capping an extraordinary 24 hours in global markets and prompting global stocks to...

10/03/2026 09:01 The Guardian
Tuesday briefing: Inside the increasingly heated debate about who can – and can’t – vote in the UK

In today’s newsletter: In the wake of this year’s Commonwealth Day, a look at the complex framework of voting rules in different parts of the UKGood morning. In the wake of the Green party’s victory in the Gorton and Denton byelection, Nigel Farage claimed his party would have won if the vote...

10/03/2026 06:45 The Guardian
Trump says Iran war is ‘very complete, pretty much’ as economic toll rises

President reassures Republicans that conflict is intended to be short lived but also says ‘we haven’t won enough’Middle East crisis – live updates Donald Trump has said that the war in Iran is “very complete, pretty much”, as the economic toll of the joint US-Israeli operation has risen,...

10/03/2026 02:38 The Guardian
Vague and contradictory Trump says Iran war ‘won’, but not ‘won enough’

After oil prices surged on Monday the US president sought – and failed – to offer a clear vision for when the largest US intervention in the Middle East in years will endMiddle East crisis – live updatesAt one of the most consequential moments of his two terms in office, wartime president Dona...

10/03/2026 02:14 The Guardian
Trump’s Iran war will reinforce North Korea’s view that nuclear weapons are the only path to security

As speculation mounts that Kim Jong-un and Trump could meet this month, analysts say Pyongyang will continue to see nuclear weapons as a matter of survivalMiddle East crisis – live updates North Korea’s launch last week of a missile from a naval destroyer elicited an uncharacteristically prosaic...

10/03/2026 02:09 The Guardian
UK inflation likely to rise because of Middle East war, says Rachel Reeves

Chancellor says she is ready to help households with rising costs but stops short of setting out specific stepsMiddle East crisis – live updatesBritain is likely to be hit by rising inflation because of the US war with Iran, the chancellor has said, as she suggested a “rapid de-escalation” wou...

09/03/2026 19:31 The Guardian
Emmanuel Macron vows Europe will stand by Cyprus after Iran drone strike

French president says attack on island is ‘an attack on Europe’ as EU states send military supportMiddle East crisis – live updatesEmmanuel Macron has vowed that Europe will do whatever it takes to stand by Cyprus, the continent’s first state to be directly affected by the Iran war, after co...

09/03/2026 18:35 The Guardian
California gas prices rise above $5 a gallon amid US war with Iran

West coast state’s average cost per gallon has climbed $0.55 since the conflict in Middle East began over a week agoMiddle East crisis – live updatesSign up for the Breaking News US newsletter emailThe war in Iran has caused a spike in gas prices that is hitting California consumers especially h...

09/03/2026 18:04 The Guardian
Ukraine sent drone experts to protect US bases in Jordan, says Zelenskyy

Interceptor drones and operators deployed to Middle East after ‘requests for help from 11 countries neighbouring Iran’Middle East crisis – live updatesUkraine’s president has said he dispatched interceptor drones and operators to protect US bases in Jordan last week, one of 11 countries that...

09/03/2026 17:14 The Guardian
Lengthy US-Iran war would affect ‘lives and households of everybody’, says Starmer

Ministers understood to be considering ways to mitigate rising energy bills as oil prices surpass $100 a barrelMiddle East crisis – live updatesUK politics live – latest updatesKeir Starmer has said that a long-term US-Iran war would affect the “lives and households of everybody”, as the hea...

09/03/2026 13:00 The Guardian
BREAKING NEWS
12/03 19:52 - Middle East crisis live: Iran issues statement ‘from Mojtaba Khamenei’ as its attacks disrupt energy markets 12/03 19:46 - News24 | Israel settlers use cover of Iran war restrictions to attack West Bank Palestinians 12/03 19:41 - No evidence Russia sabotaged Baltic cables – Finnish intel 12/03 19:39 - Senate again fails to pass homeland security funding as department shutdown nears one month – live 12/03 19:31 - California officials say no imminent Iran threat found after FBI alert 12/03 19:30 - Moscow court sentences 15 men to life in prison for jihadist attack on concert hall 12/03 19:26 - One in five girls aged 16-19 have experienced domestic abuse, police estimate 12/03 19:25 - In linking Iran to Russia, Healey could be laying ground for hard choices ahead 12/03 19:11 - Who gives the kill order? AI and the war in Iran 12/03 18:53 - Blistering early-season heatwave threatens California and other western states 12/03 18:51 - Somalia warns against any Israeli base plans on Somaliland 12/03 18:51 - Somalia warns against any Israeli base plans on Somaliland 12/03 18:36 - How oil is at the center of the US-Israel war with Iran 12/03 18:36 - How oil is at the center of the US-Israel war with Iran 12/03 18:19 - Tracking the wave of ship attacks that has choked off Strait of Hormuz 12/03 18:11 - EU ‘held hostage’ by Trump over Iran war – Spanish deputy PM 12/03 18:10 - Putin’s ‘hidden hand’ lies behind Iran’s drone tactics, UK defence secretary says 12/03 18:08 - Fallout From Iran War and Oil Shock Deliver Another Blow to World Economy 12/03 17:55 - Why Does Oil Matter So Much to the Global Economy? 12/03 17:54 - Wuthering Heights uni module given content warning for students 12/03 17:44 - Watchdog puts UK fuel retailers ‘on notice’ over profiteering from Iran war 12/03 17:20 - British tourist among 20 charged in Dubai over videos of Iranian missile strikes 12/03 17:14 - Middle East war creating ‘largest supply disruption in the history of oil markets’ 12/03 16:56 - Israel strikes central Beirut after threatening to expand Lebanon operations 12/03 16:55 - Iran's supreme leader issues first statement since his appointment 12/03 16:55 - PM says Mandelson appointment was mistake as No 10 denies cover-up 12/03 16:49 - From Sudan to Lebanon: ‘Wherever we go, war follows us’ 12/03 16:47 - Lincolnshire council approves AI datacentre despite emissions warnings 12/03 16:47 - Lebanon appeals to Israel’s allies to stop strikes as death toll rises 12/03 16:43 - With Middle East in flames, Texan bunker maker sees business boom 12/03 16:26 - Is the Iran war the one America can’t win – and can’t end? 12/03 16:16 - War With Iran Puts Further Strain on America’s Pessimistic Farmers 12/03 16:15 - Middle East war: Dubai targeted by fresh Iranian drone strikes 12/03 16:04 - U.S. sailors injured in fire aboard aircraft carrier supporting Iran war 12/03 16:04 - ‘We make a lot of money’: Trump downplays rise in gas prices during Iran war 12/03 15:54 - France 'not sending any vessels to the Strait of Hormuz', Defence Minister Vautrin says 12/03 15:44 - Dismay as ancient heritage sites across Iran damaged in US-Israel bombing 12/03 15:41 - Iran’s president sets terms to end the war: Is an off-ramp in sight? 12/03 15:41 - Iran’s president sets terms to end the war: Is an off-ramp in sight? 12/03 15:41 - Trump says Iran shouldn't come to World Cup for 'own life and safety' 12/03 15:35 - War in the Middle East: 'A sense of normality' back in Israel 12/03 15:33 - US targets Iran mine-laying as war causes oil market havoc 12/03 15:31 - Novelist Dinaw Mengestu on the battle for freedom of expression 12/03 14:45 - Italy’s Meloni breaks with Trump over Iran war 12/03 14:28 - Putin's 'hidden hand' likely helping Iran against Trump, says UK minister 12/03 14:22 - Two votes, two standards: UN resolutions on Iran war underscores diplomatic dilemmas 12/03 14:18 - Bunker-busting bombs loaded onto US planes at UK airbase amid Iran war 12/03 14:18 - Bunker-busting bombs loaded onto US planes at UK airbase amid Iran war 12/03 14:11 - Iran War Causing Largest Ever Oil Disruption, I.E.A. Says 12/03 14:08 - Drug use on Ukraine’s front lines ‘rampant among Russian troops’ 12/03 14:08 - Drug use on Ukraine’s front lines ‘rampant among Russian troops’ 12/03 14:07 - Israel pounds Lebanon: Grieving border village calls for peace 12/03 14:03 - Israel army says Hezbollah fired 200 rockets in 'biggest barrage' of war 12/03 14:00 - Venice Biennale risks losing EU funding over planned Russia involvement 12/03 14:00 - Iraqi official urges Australia to take back alleged IS fighters during meeting with ambassador 12/03 13:59 - Caught in the crossfire: US-Israel war on Iran fractures Gulf economies 12/03 13:59 - Caught in the crossfire: US-Israel war on Iran fractures Gulf economies 12/03 13:57 - How Iran war laid bare the world's reliance on Gulf oil and gas 12/03 13:55 - Can Iran’s asymmetric warfare hold US-Israeli military power at bay? 12/03 13:55 - Can Iran’s asymmetric warfare hold US-Israeli military power at bay? 12/03 13:55 - How Iran’s attacks on Gulf energy sites are shaping decision making in Washington 12/03 13:53 - Iran’s Mojtaba Khamenei issues first statement as Supreme Leader amid war 12/03 13:53 - Iran’s Mojtaba Khamenei issues first statement as Supreme Leader amid war 12/03 13:51 - How corporations have collaborated with US military over the decades 12/03 13:51 - How corporations have collaborated with US military over the decades 12/03 13:43 - Unexplained Moscow internet blackouts spark fears of web censorship plan 12/03 13:35 - Jimmy Kimmel Addresses the Notion of a Drone Strike on California 12/03 13:10 - ‘He Seems Really Bad at Getting Advice’: 3 Opinion Writers on Trump and Iran 12/03 13:06 - Ireland’s deputy PM warns of ‘near-existential moment’ for EU amid global turmoil 12/03 12:49 - 'What if we're left with ruins?': Doubts creep in for Iranians who supported war 12/03 12:24 - Weather warnings issued as colder weather and mountain snow forecast 12/03 12:22 - Iran's new Supreme Leader Mojtaba Khamenei has 'very good links with the IRGC' 12/03 12:21 - Iran escalates attacks on infrastructure and transport networks across the Gulf | First Thing 12/03 12:18 - AI scams drove UK reports of fraud to record 444,000 last year 12/03 12:11 - Iran war reality check: Why the US miscalculated Tehran’s political resilience 12/03 12:10 - Shell CEO’s pay jumps 60% despite slump in profits at oil company 12/03 12:00 - Colon cancer now leading cause of cancer deaths under 50 in US 12/03 11:43 - Oil price tops $100 again as Iran strikes economic targets across Middle East 12/03 11:09 - Washington tracking if Iran has activated 'sleeper cells' on US soil 12/03 11:09 - The war of signals: How Russia and China help Iran see the battlefield 12/03 11:09 - The war of signals: How Russia and China help Iran see the battlefield 12/03 11:06 - Mojtaba Khamenei as Iran's new Supreme Leader signals continuity to international community 12/03 11:05 - Middle East war: Oil tankers set ablaze in the Gulf in latest Iranian attacks 12/03 11:02 - Ground Down by War, Hezbollah’s Loyal Base Shows Cracks 12/03 10:59 - On the ground: Iran attacks Gulf infrastructures 12/03 10:54 - Pete Hegseth’s Rhetoric of Violence 12/03 10:44 - Strait of Hormuz: Iran’s attacks on shipping worsen economic concerns 12/03 10:43 - IEA announces record oil stockpile release over Iran supply disruptions 12/03 10:41 - War in the Middle East: Iran attacks Gulf energy targets 12/03 10:38 - Software on the front line: How a Florida tech firm is playing a key role in Iran war 12/03 10:32 - How the Iran war may affect your money and bills 12/03 10:28 - Humanitarian crisis in Lebanon: Displaced families face despair 12/03 10:23 - Ukraine strikes Russian electronics plant that builds missile components 12/03 10:20 - What role has cyber warfare played in Iran? 12/03 10:15 - Trump says Iran war is ‘very complete, pretty much’ as economic toll rises | First Thing 12/03 10:12 - We attacked Iran with no clear plan for regime change, Israeli security sources say 12/03 10:07 - 'Fingers on the trigger': Deadly warnings for Iranians being urged to take action 12/03 10:00 - The $11 Billion Cost for One Week of War, and a New ‘Millionaires’ Tax’ 12/03 10:00 - ‘America’s mortal enemy’: Pete Hegseth expressed extreme antipathy toward Iran for years 12/03 09:03 - War in Ukraine spills into Hungarian election campaign