Iran war stifles Hormuz shipping: ‘Unprecedented’ impact on oil & global economy

10/03/2026 12:15 France 24

FRANCE 24's François Picard welcomes Jon Marks, author, political scientist and chairman/founder of Cross-border Information. Having followed energy markets for decades, Marks warns that we are in uncharted waters: the current crisis bears little resemblance to any previous shock.

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Europe’s borders under threat from Russia: Baltic states gear up for war

On Europe’s eastern flank, the Baltic states – Estonia, Latvia and Lithuania – fear they could become Vladimir Putin’s next target. After several drone incursions from Russia, the three countries are stepping up their defence strategies on the ground and in the air. This report from our co...

10/03/2026 14:32 France 24

Israel's Netanyahu warns 'we are not done yet' in Iran in break with Trump

Israel's Prime Minister Benjamin Netanyahu warned that the country's military offensive against Iran was "not done yet", saying the operation was degrading Iran's clerical leadership, despite comments from US president Donald Trump that the war could be over "very soon". France 24's Olivia Bizot ha...

10/03/2026 14:18 France 24

REPLAY: Pentagon chief Hegseth says Iran 'badly losing', strikes to intensify

US attacks on Iran will hit a new intensity Tuesday and the war will continue as long as President Donald Trump decides, Pentagon chief Pete Hegseth said. "Today will be yet again, our most intense day of strikes inside Iran -- the most fighters, the most bombers," Hegseth told a news conference at...

10/03/2026 13:49 France 24

More strikes hit southern Lebanon after Israeli army warning

A strike hit near the south Lebanon city of Tyre on Tuesday after the Israeli military said it would target Hezbollah infrastructure there and warned residents to leave. The Israeli military had said it would also target coastal city of Sidon. France 24’s correspondent Renée Davis has the latest...

10/03/2026 13:47 France 24

Trump says war in Iran will end 'soon' – but threatens to escalate

Asked about how long US strikes in #Iran would last for, Donald #Trump assured the #war would end 'very soon'. But soon after, he threatened to escalate the conflict by striking Iran "twenty times harder" if it stopped the oil flow going through the Strait of #Hormuz....

10/03/2026 11:41 France 24

Trump says will waive some oil sanctions after talks with Putin

US President Donald Trump said Monday that he will waive some sanctions on oil to boost supply and bring down prices, due to market turmoil over war in the Middle East. Trump did not specify any country or provide details on which sanctions would be lifted, but his comments came after speaking to R...

10/03/2026 11:31 France 24

UNESCO sounds alarm over war threat to Middle East's heritage sites

UNESCO is sounding the alarm and reiterating its deep concern about the war in the Middle East damaging priceless world heritage sites. Israeli and American bombings are causing daily damage to educational, scientific, and media infrastructure in the region. Some sites have already been damaged....

10/03/2026 11:31 France 24

Australia grants asylum to 5 members of Iranian women's football team

Australia granted asylum to five members of the Iranian women’s football team who were visiting the country for a tournament when the Iran war began, a government minister said Tuesday. The announcement followed days of urging by Iranian groups in Australia and by US President Donald Trump for th...

10/03/2026 11:27 France 24

As Iran war rages, how much oil can Gulf states store?

With the US and Israel's war on Iran now in its second week, the strain on the Middle East's oil infrastructure couldn't be clearer. Beyond Iranian strikes on pipelines and refineries, the vital Strait of Hormuz waterway is all but shut down, creating backups for twenty million barrels of oil a day...

10/03/2026 11:25 France 24

‘Our hopes have been crushed’: Exclusive interviews from inside Iran

Iran remains mostly cut off to the world, with access to foreign press is heavily restricted and internet in the country is only working at around one percent of its usual capacity. Nevertheless, Ershad Alijani, from France 24's the Observers, has been able to exclusively interview some people from...

10/03/2026 10:51 France 24

Trump's mixed messages on Iran: 'Still unclear what US wants to achieve'

Oil prices sank and equities rallied Tuesday following a wild day of swings that came after Donald Trump said the US-Israel war on Iran would be ending earlier than thought. However, Trump also threatened Iran with an escalation in fighting if global oil supplies are disrupted by the Islamic Republ...

10/03/2026 10:20 France 24

Oil prices fall, stocks rise as Trump says military goals ‘pretty well complete’

Global benchmark prices for oil fell, and stocks rose, on the back of US President’s comments signalling the war in Iran could be nearing some form of conclusion. Meanwhile, the Strait of Hormuz is still effectively closed to tanker traffic, and Washington is weighing its options both to clear th...

10/03/2026 10:13 France 24

Trump says Iran war could end 'soon', but threatens Iran over oil disruption

US President Donald Trump said Monday that the war against Iran could be over "soon", but he left open the possibility of an escalation in fighting if global oil supplies are disrupted by the Islamic Republic. However, in an apparent response to Trump’s remarks, a spokesperson for the paramilitar...

10/03/2026 10:05 France 24

Who's making money off Trump's war in Iran?

PRESS REVIEW: Tuesday, March 10 - the world's front pages are torn between heralding a global oil crash and relaying Donald Trump's promise of peace on the horizon. Also, between crypto-bets and arms investments, , who’s making money from this war? In other news, France prepares for a first round...

10/03/2026 09:57 France 24

Middle East war live: Iran to face ‘most intense day’ of US attacks, Pentagon chief says

US Defence Secretary Pete Hegseth said attacks on Iran on Tuesday would be the “most intense” since the US launched the war 10 days ago, as Iran’s Foreign Minister Abbas Araghchi said Tehran would keep fighting as long as necessary. Follow our liveblog for the latest updates....

10/03/2026 04:30 France 24

Trump says Iran war could end 'soon' as Middle East conflict rattles markets

US President Donald Trump on Monday suggested the war with Iran could end soon but gave no clear timeline for halting attacks that have rattled the Middle East and global markets. Stocks rose after he told CBS the US-Israeli assault was “very complete,” though later remarks offered mixed signal...

09/03/2026 23:32 France 24

Oil and stocks whipsaw on hopes of an end to Middle East war

Crude oil prices pulled back sharply after brushing $120 a barrel earlier on Monday. After hovering around $100 for most of the day, both Brent and WTI benchmarks reversed course following comments from Donald Trump suggesting the US-Israeli war with Iran could soon come to an end. As Gulf countrie...

09/03/2026 22:21 France 24

Dubai influencers post near-identical videos praising city’s ‘safety’

Influencers in Dubai have taken to social media to post near-identical videos praising the city’s safety and glorifying its leadership, using the same template, music and captions. The posts come just a week after videos of panic in Dubai circulated online following intercepted Iranian strikes. O...

09/03/2026 20:58 France 24

Going for broke? Iran war spirals further after naming of Khamenei's son

Second week of a war seen more than ever as a massive gamble by the US and Israel: strikes on oil installations in Tehran prompting retaliation across the Gulf. Also blown away are claims that disruptions to global energy security would be only a passing blip....

09/03/2026 20:31 France 24

'There never was a plan' behind war in Iran, analyst says

Speaking with FRANCE 24's Mark Owen, Barbara Slavin, Distinguished Fellow at the Stimson Center in Washington, says that "the skyrocketing price of oil, the collapse of the stock market, the increasing casualties and the Iranian ability to continue to hit infrastructure are beginning to sober up" U...

09/03/2026 20:23 France 24

Erdogan warns Iran against 'provocative steps' after second missile intercepted

Turkey's President Recep Tayyip Erdogan on Monday again warned Tehran against taking "provocative steps" after NATO defence systems intercepted a second Turkey-bound ballistic missile launched from Iran. FRANCE 24's Jasper Mortimer reports from Ankara....

09/03/2026 19:50 France 24

Bahrain says Iranian drone attack damages water desalination plant

Attacks on water systems are uncommon in wartime, but they have appeared in the war in the Middle East with strikes on desalination plants -- critical infrastructure for millions of people in the arid region. Bahrain's interior ministry said Sunday that an Iranian drone attack damaged a water desal...

09/03/2026 19:32 France 24

Explosions heard across Doha, sirens sound in Bahrain as Iran strikes Gulf neighbours

Several more explosions were heard across Doha and warning sirens sounded in Manama on Monday, as Iran pressed its aerial campaign against Gulf neighbours. The oil-rich Gulf states have been targeted by waves of drones and missiles since Tehran launched its retaliation campaign in the wake of the U...

09/03/2026 19:24 France 24

Macron says France, allies preparing 'defensive' mission to reopen Strait of Hormuz

France and its allies are preparing a "defensive" mission to reopen the strategically vital Strait of Hormuz, President Emmanuel Macron said Monday as the Middle East war entered its second week. The French leader landed by helicopter on the Charles de Gaulle aircraft carrier, dispatched to the Med...

09/03/2026 19:08 France 24

'We will have to go back to a negotiating table': IAEA chief Grossi on Iran's nuclear capabilities

FRANCE 24 spoke to Rafael Grossi, Director General of the International Atomic Energy Agency, about the impact of the Israeli and US military campaign on Iran’s nuclear programme. He said only limited damage has been observed at key nuclear sites so far, with no rise in radiation levels detected....

09/03/2026 17:00 France 24

Europe showing it is 'prepared but does not want to be dragged into a war it wasn't consulted on'

French President Emmanuel Macron is visiting the Charles de Gaulle aircraft carrier, currently off the coast of Crete and heading towards Cyprus. It had been dispatched days before after the island was targeted by a Shahed drone-attack. FRANCE 24 's Kethevane Gorjestani looks at how Europe is react...

09/03/2026 16:50 France 24

Macron announces ‘purely defensive’ mission to reopen Strait of Hormuz

President Emmanuel Macron said on a visit to Cyprus on Monday that France and its allies were working to put together a "purely defensive" mission to reopen the Strait of Hormuz. He said the mission would be aimed at escorting vessels "after the end of the hottest phase of the conflict" in the Midd...

09/03/2026 16:12 France 24

Oil prices surge amid Middle East conflict for first time since 2022

The Iran crisis has sent oil prices surging, and the G7 finance ministers are meeting later today to discuss possibly releasing strategic oil reserves to stabilise oil prices. The Brent oil barrel has reached its highest price since the Russian invasion of Ukraine. Solange Mougin has more on the fa...

09/03/2026 15:23 France 24

Khamenei replaces Khamenei: Iran defies Trump, signals continuity

Iran’s choice of Mojtaba Khamenei to replace his slain father, Ali Khamenei, as supreme leader signals the entrenchment of hardline cleric power and a continued resistance amid the US-Israeli military onslaught. It also underscores US President Donald Trump’s policy failure to detail the goals...

09/03/2026 14:49 France 24

US and Gulf states turn to Ukraine to counter Iranian drone attacks

The supply of weaponry and drone interceptors could shape the future of the war with Iran, as the US and Gulf nations are trying to find cheaper ways to intercept Iranian drones, before they hit their targets. And it's actually Ukraine actually may have role to play here....

09/03/2026 14:47 France 24

BREAKING NEWS

10/03 14:37 - Oil and gas prices fall after Trump says war is 'very complete' 10/03 14:32 - Europe’s borders under threat from Russia: Baltic states gear up for war 10/03 14:27 - Policies always ‘under review’, says Reeves when asked about planned fuel duty rise – UK politics live 10/03 14:27 - Nigel Farage accused of U-turn as he says UK should keep out of Iran war 10/03 14:25 - Bomb attempt near NYC mayor’s residence was ‘ISIS-inspired terrorism’ – police 10/03 14:22 - Aramco warns of oil market ‘catastrophe’ unless strait of Hormuz reopens soon 10/03 14:21 - Middle East crisis live: Hegseth says today will be the ‘most intense day of strikes’ in war against Iran 10/03 14:18 - Israel's Netanyahu warns 'we are not done yet' in Iran in break with Trump 10/03 14:15 - I Asked a Former Trump Official to Justify This War 10/03 14:00 - Labor MPs quietly alarmed by Albanese government’s response to US-Israel strikes on Iran 10/03 13:59 - What are the Ukrainian drone interceptors sent to counter Iranian attacks? 10/03 13:59 - What are the Ukrainian drone interceptors sent to counter Iranian attacks? 10/03 13:59 - Trump Has No Idea How to End the War With Iran 10/03 13:49 - REPLAY: Pentagon chief Hegseth says Iran 'badly losing', strikes to intensify 10/03 13:48 - Streets on fire, acid rain: Israeli strikes on fuel sites near Tehran compared to chemical warfare 10/03 13:47 - More strikes hit southern Lebanon after Israeli army warning 10/03 13:23 - Why did US and Israel attack Iran and how long could the war last? 10/03 12:58 - UAE, an oasis for business and partying, faces war 10/03 12:52 - How will soaring oil prices caused by Iran war impact food cost? 10/03 12:52 - How will soaring oil prices caused by Iran war impact food cost? 10/03 12:50 - Could Trump ‘take over’ the Strait of Hormuz as oil prices rise? 10/03 12:50 - Could Trump ‘take over’ the Strait of Hormuz as oil prices rise? 10/03 12:48 - No snow, no ski season: Greenland’s warmest January shuts Nuuk resort 10/03 12:48 - No snow, no ski season: Greenland’s warmest January shuts Nuuk resort 10/03 12:40 - Russia the only ‘winner’ of US-Israel war on Iran: EU Council president 10/03 12:40 - Russia the only ‘winner’ of US-Israel war on Iran: EU Council president 10/03 12:32 - Trump says Iran war is ‘very complete, pretty much’ as economic toll rises | First Thing 10/03 12:26 - Georgia votes for successor to Marjorie Taylor Greene after Trump spat – US politics live 10/03 12:17 - Pakistan orders sweeping austerity measures as Iran war triggers oil crisis 10/03 12:17 - Pakistan orders sweeping austerity measures as Iran war triggers oil crisis 10/03 12:15 - Iran war stifles Hormuz shipping: ‘Unprecedented’ impact on oil & global economy 10/03 12:02 - War on Iran fuelling Islamophobic social media surge in US: Report 10/03 12:02 - War on Iran fuelling Islamophobic social media surge in US: Report 10/03 11:50 - News24 | Iran bets on endurance strategy to grind down US-Israel resolve for war 10/03 11:41 - Trump says war in Iran will end 'soon' – but threatens to escalate 10/03 11:40 - VW to cut 50,000 jobs amid Trump tariffs and falling Chinese sales 10/03 11:31 - Trump says will waive some oil sanctions after talks with Putin 10/03 11:31 - UNESCO sounds alarm over war threat to Middle East's heritage sites 10/03 11:27 - Australia grants asylum to 5 members of Iranian women's football team 10/03 11:25 - As Iran war rages, how much oil can Gulf states store? 10/03 11:06 - The HMS Dragon row: why has it taken so long to get a UK destroyer to Cyprus? 10/03 10:53 - Pipeline of new drugs to fight superbugs is ‘worryingly thin’, experts warn 10/03 10:51 - ‘Our hopes have been crushed’: Exclusive interviews from inside Iran 10/03 10:26 - Trump’s ‘free flow of energy’ vow fails to restart shipping in strait of Hormuz 10/03 10:20 - Trump's mixed messages on Iran: 'Still unclear what US wants to achieve' 10/03 10:20 - How the Iran war may affect your money and bills 10/03 10:14 - ‘Short-term excursion’: What Trump said about the war on Iran 10/03 10:14 - ‘Short-term excursion’: What Trump said about the war on Iran 10/03 10:13 - Oil prices fall, stocks rise as Trump says military goals ‘pretty well complete’ 10/03 10:05 - Trump says Iran war could end 'soon', but threatens Iran over oil disruption 10/03 10:00 - Air strike kills four Iran-linked fighters in Iraq 10/03 10:00 - Air strike kills four Iran-linked fighters in Iraq 10/03 10:00 - Trump Zigzags on When War Will End, and Investigators Search Epstein’s Ranch in New Mexico 10/03 09:57 - Who's making money off Trump's war in Iran? 10/03 09:52 - Iran war could knock UK homebuyer confidence, says builder Persimmon 10/03 09:17 - Could the US-Israel war with Iran fuel global inflation? 10/03 09:17 - Could the US-Israel war with Iran fuel global inflation? 10/03 09:02 - Geopolitical analysis of the imposed war against Iran 10/03 09:02 - Geopolitical analysis of the imposed war against Iran 10/03 09:01 - Iran war: What is happening on day 11 of US-Israel attacks? 10/03 09:01 - Iran war: What is happening on day 11 of US-Israel attacks? 10/03 09:01 - Oil prices fall and stocks rebound after Trump says Iran war could end ‘very soon’ 10/03 08:37 - Israel launches new wave of attacks on southern and eastern Lebanon 10/03 08:37 - Israel launches new wave of attacks on southern and eastern Lebanon 10/03 08:04 - Moscow condemns Israeli strike on Russian cultural center 10/03 08:03 - ‘Vicious cycle’: panic buying is biggest risk to Australia’s petrol supplies, experts say 10/03 07:50 - Here Are All Of The Updates Surrounding Timothée Chalamet’s Ballet And Opera Controversy — And Tom Holland, Jonathan Bailey, And Whoopi Goldberg Have Entered The Chat 10/03 07:50 - Qantas hikes international air fares citing volatile oil prices from war in Middle East 10/03 07:22 - Labor moves to block some temporary visa holders travelling to Australia amid Middle East war 10/03 07:10 - News24 | Iran’s Revolutionary Guards demand end to US-Israeli strike, vow to block Middle East oil 10/03 07:09 - Iran dismisses ‘empty’ US threats, warns Trump of ‘elimination’ (VIDEOS) 10/03 06:45 - Tuesday briefing: Inside the increasingly heated debate about who can – and can’t – vote in the UK 10/03 06:30 - Afghanistan vs Sri Lanka cricket series called off due to Iran war 10/03 06:30 - Afghanistan vs Sri Lanka cricket series called off due to Iran war 10/03 06:25 - Gaza food prices soar as crossing closures deepen shortages amid Iran war 10/03 06:25 - Gaza food prices soar as crossing closures deepen shortages amid Iran war 10/03 06:19 - The ‘Fourth Successor’: Iran’s plan for a long war with the US and Israel 10/03 06:19 - The ‘Fourth Successor’: Iran’s plan for a long war with the US and Israel 10/03 06:04 - Overseas 'content farms' creating political deepfakes uncovered 10/03 06:00 - ‘Sounds familiar’: how the US-Israeli war in Iran parallels Russia’s invasion of Ukraine 10/03 05:35 - US consumers express dismay over rising gas prices after attack on Iran 10/03 05:35 - US consumers express dismay over rising gas prices after attack on Iran 10/03 05:20 - Energy prices ease and stocks recover on hopes Trump will end war soon 10/03 05:12 - Contractor warned to ‘step up’ and finish Sydney’s maligned M6 motorway or face the consequences 10/03 05:00 - News24 | ‘They have nothing left’: Trump hints at end to Iran war, and oil prices fall, stocks jump 10/03 05:00 - Was Iran really building a nuclear weapon? – podcast 10/03 05:00 - Bombing of Iran’s oil infrastructure to have major environmental fallout, experts warn 10/03 04:49 - The Papers: 'Drive less to save on fuel' and 'War is near end' 10/03 04:30 - Middle East war live: Iran to face ‘most intense day’ of US attacks, Pentagon chief says 10/03 04:15 - Vance and Hegseth attend dignified transfer ceremony – as it happened 10/03 03:46 - Australia to send aircraft and air-to-air missiles to Gulf to ‘protect and defend’ civilians, PM says 10/03 03:35 - News24 | Iran war sends oil price soaring as Khamenei son takes charge 10/03 03:34 - News24 | US State dept approves weapons sale to Israel in emergency of Trump govt’s ‘own creation’ 10/03 03:32 - Trump’s War in Iran, and Rising Gas Prices, Collide With Midterm Agenda 10/03 03:15 - Trump Seeks to Calm Oil and Gas Markets but Says Iran War Will Go On 10/03 02:51 - Trump says some sanctions to be lifted on oil producers amid Iran war 10/03 02:51 - Trump says some sanctions to be lifted on oil producers amid Iran war 10/03 02:38 - Trump says Iran war is ‘very complete, pretty much’ as economic toll rises 10/03 02:37 - Mixed messages from Trump leave more questions than answers over war's end 10/03 02:14 - Vague and contradictory Trump says Iran war ‘won’, but not ‘won enough’