Oil prices fall and stocks rebound after Trump says Iran war could end ‘very soon’

10/03/2026 09:01 The Guardian

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 rebound after Donald Trump suggested the US-Israel war on Iran could end “very soon”.Brent crude, the international benchmark, surged as high as $119.50 a barrel on Monday as the Middle East conflict intensified fears of a deepening energy supply crisis. Continue reading...

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Middle East crisis live: Trump claims Iran war will be over ‘very soon’ but Tehran says it will determine when

US president says war is ‘very complete’ and threatens worse strikes if passage of oil via strait of Hormuz is blocked; IRGC says it will not let out ‘one litre of oil’Oil prices drop sharply after Trump moves to reassure marketsTrump says Iran war is ‘very complete, pretty much’ as econ...

10/03/2026 10:35 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

Reeves to face MPs’ grilling over cost-of-living pressures – UK politics live

Chancellor to take Treasury questions amid market turbulence linked to Middle East conflictRural households that rely on heating oil to warm their homes and provide hot water are facing a “sudden and frightening” surge in their bills, with prices almost trebling since the start of the Iran war.T...

10/03/2026 10:24 The Guardian

Iran war could knock UK homebuyer confidence, says builder Persimmon

Growing fears that elevated interest rates will continue, as Barclays finds worries that war will push up inflationBusiness live – latest updatesA leading British housebuilder has warned the Iran conflict could knock homebuyer sentiment, amid growing fears of a jump in inflation and a prolonged pe...

10/03/2026 09:52 The Guardian

‘Vicious cycle’: panic buying is biggest risk to Australia’s petrol supplies, experts say

Government and motoring groups say there is no shortage of fuel supplies but stockpiling has left country service stations running dry, as Iran war sparks oil price fearsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastRegional service...

10/03/2026 08:03 The Guardian

Qantas hikes international air fares citing volatile oil prices from war in Middle East

Airline reports spike in ticket sales to Europe in March, as passengers with carriers affected by flight chaos rebookGet our breaking news email, free app or daily news podcastQantas has announced it is increasing the price of its international air fares amid oil price volatility caused by the war i...

10/03/2026 07:50 The Guardian

Labor moves to block some temporary visa holders travelling to Australia amid Middle East war

Proposed new powers for home affairs minister are ‘truly appalling’, Asylum Seeker Resource Centre says Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastLabor is toughening immigration laws to stop people from some countries travell...

10/03/2026 07:22 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

‘Sounds familiar’: how the US-Israeli war in Iran parallels Russia’s invasion of Ukraine

Both campaigns have been framed differently at different times, with dubious claims of defensive action and a curious reluctance to label it warShifting goals, unclear timelines and a flimsy pretext: at times, the US-Israel campaign against Iran carries curious parallels of Vladimir Putin’s invasi...

10/03/2026 06:00 The Guardian

Contractor warned to ‘step up’ and finish Sydney’s maligned M6 motorway or face the consequences

Twin tunnels should be open but lead contractor wants out, blaming sinkholes and a ‘reverse fault’. The NSW government insists ‘there is a technical solution available’Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastTwo years a...

10/03/2026 05:12 The Guardian

Was Iran really building a nuclear weapon? – podcast

Among the many justifications Donald Trump has presented for the US and Israel attacking Iran has been the supposedly imminent threat posed by its nuclear weapons programme. But how close was the country really to developing an atomic weapon? Ian Sample hears from Kelsey Davenport, the director of n...

10/03/2026 05:00 The Guardian

Bombing of Iran’s oil infrastructure to have major environmental fallout, experts warn

Monitors admit they are struggling to keep track of the environmental disasters arising from widening warIsrael’s bombing of Iran’s oil infrastructure will have major long-term environmental repercussions, experts have warned, as monitors admitted they were struggling to keep track of the enviro...

10/03/2026 05:00 The Guardian

Vance and Hegseth attend dignified transfer ceremony – as it happened

This liveblog is closed. Follow the latest on our new liveblog here.Donald Trump has said a decision on when to end the war with Iran will be a “mutual” one he’ll make together with Benjamin Netanyahu, the Times of Israel has reported.It said Trump also claimed in a brief telephone interview o...

10/03/2026 04:15 The Guardian

Australia to send aircraft and air-to-air missiles to Gulf to ‘protect and defend’ civilians, PM says

Anthony Albanese announces surveillance aircraft, air-to-air missiles and supporting personnel will be deployed to the UAE after request from their presidentFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAustralia will send a speciali...

10/03/2026 03:46 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

Trump claims Iran or ‘somebody else’ could have carried out deadly school strike

President makes evidence-free claim despite video showing US Tomahawk missile hit naval base next to schoolAs oil prices surged amid the widening war with Iran, Donald Trump suggested, without evidence, on Monday that the strike on an Iranian elementary school could have been carried out by Iran or...

10/03/2026 01:48 The Guardian

Australia politics live: Coalition says Australia now an active participant in Iran war; plan to allow buildings up to 42 storeys in Sydney’s ‘coolest’ neighbourhood

Dan Tehan says Australia ‘doing our bit to keep the region safe’. Follow updates liveGet our breaking news email, free app or daily news podcastBurke confirms Trump has called AlbaneseBurke has confirmed the US president, Donald Trump, has spoken with Anthony Albanese (who will be up to speak in...

10/03/2026 01:12 The Guardian

Overhaul of rape inquiries threatened by lack of courtroom awareness, says expert

Exclusive: Independent adviser says some judges in England and Wales have not heard of changes to way cases are investigatedAn overhaul of the way police investigate rape is being put at risk by a lack of awareness in courtrooms in England and Wales, the government’s independent adviser on rape ha...

09/03/2026 22:30 The Guardian

Democrats file new war powers resolutions and call for public hearings on Iran strikes

Senators say Trump allies such as Hegseth and Rubio should be forced to testify to Congress on ‘unnecessary war’Sign up for the Breaking News US email to get newsletter alerts in your inboxDemocratic senators have filed a wave of new war powers resolutions as they call on Republicans to convene...

09/03/2026 21:35 The Guardian

US stock markets close on high after Iran war drove oil prices above $100 a barrel

Markets settled after Trump claimed US-Israel war with Iran is ‘very complete’, bringing oil prices down to $85 a barrelHow high could oil prices go – and what might the global economic fallout be?US stock markets closed on a high after oil prices swung wildly on Monday, reaching a four-year h...

09/03/2026 21:07 The Guardian

So Badenoch, Farage and Blair think the Iran war is a great idea? Hmm … | John Crace

Kemi may be all in favour, but at least economic realpolitik is forcing her to take a slightly different tackThere have been any number of opportunities for people to decide they wanted no part of America’s war with Iran. The first was after the US had launched its first wave of strikes. To be fai...

09/03/2026 20:02 The Guardian

Trump ally Lindsey Graham issues threat to Saudi Arabia over Iran war

Republican senator warns of ‘consequences’ if kingdom does not join US strikes against IraniansSign up for the Breaking News US email to get newsletter alerts in your inboxSenator Lindsey Graham on Monday questioned whether the United States should honor a long-sought defense agreement with Saud...

09/03/2026 20:01 The Guardian

HMS Dragon will head to Cyprus in next couple of days, says defence secretary

John Healey tells Commons crews working hard to prepare warship after criticism over slow response to drone attacksHMS Dragon will set sail in “the next couple of days”, the defence secretary has said, meaning the British destroyer may not arrive in the eastern Mediterranean until after the week...

09/03/2026 19:58 The Guardian

Ministers must act more quickly on deepfakes to protect women and girls, Kendall says

Exclusive: Technology secretary urges tech companies to do more to tackle online misogynyMinisters need to act more quickly to combat fast-changing threats from technology such as deepfakes, the technology secretary has said, as she warned about the risks women and girls face online.Liz Kendall said...

09/03/2026 19:56 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

Golf club firm owned by Trump’s sons merges with drone manufacturer

Merger to take drone firm public is latest business move by Eric Trump and Donald Trump Jr as father is in White HouseSign up for the Breaking News US email to get newsletter alerts in your inboxA golf club company backed by the sons of Donald Trump is merging with drone manufacturer Powerus in a de...

09/03/2026 18:42 The Guardian

How high could oil prices go – and what might the global economic fallout be?

Crude prices could surpass their 2008 record, with potentially dire effects for consumers and businessesFears over the global economy have been stoked by the oil price soaring past $100 a barrel as a result of the US-Israel war with Iran.Economists say the increasing likelihood of a prolonged confli...

09/03/2026 18:35 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

BREAKING NEWS

10/03 10:35 - Middle East crisis live: Trump claims Iran war will be over ‘very soon’ but Tehran says it will determine when 10/03 10:26 - Trump’s ‘free flow of energy’ vow fails to restart shipping in strait of Hormuz 10/03 10:24 - Reeves to face MPs’ grilling over cost-of-living pressures – UK politics live 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 09:03 - I Asked a Former Trump Official to Justify This War 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 08:30 - UAE, oasis for business and partying, faces war 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 - 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 - Dozens reportedly killed in Tehran as Trump threatens Iran with more ‘death’: Live Updates (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 06:00 - ‘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: Israel strikes southern Lebanon, war displaces 100,000 in single day 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’ 10/03 02:09 - Trump’s Iran war will reinforce North Korea’s view that nuclear weapons are the only path to security 10/03 01:50 - Trump Has No Idea How to End the War With Iran 10/03 01:48 - Trump claims Iran or ‘somebody else’ could have carried out deadly school strike 10/03 01:27 - Iran war may end ‘pretty quickly’: What Trump told Republicans 10/03 01:27 - Iran war may end ‘pretty quickly’: What Trump told Republicans 10/03 01:12 - Australia politics live: Coalition says Australia now an active participant in Iran war; plan to allow buildings up to 42 storeys in Sydney’s ‘coolest’ neighbourhood 10/03 00:53 - ‘No middle ground’: Israelis back Iran war, despite taking mounting hits 10/03 00:53 - ‘No middle ground’: Israelis back Iran war, despite taking mounting hits 10/03 00:03 - How the 'red v blue school wars' exposed the social media gap between children and parents 10/03 00:00 - Iran war live: Tehran vows to use powerful missiles, rejects Trump talks 10/03 00:00 - Iran war live: Tehran vows to use powerful missiles, rejects Trump talks 09/03 23:43 - Trump says US-Israeli war on Iran will be over ‘very soon’ 09/03 23:43 - Trump says US-Israeli war on Iran will be over ‘very soon’ 09/03 23:40 - From Bangor to Manila, how oil prices are hitting people around the world 09/03 23:32 - Trump says Iran war could end 'soon' as Middle East conflict rattles markets 09/03 22:51 - As Oil Prices Rise, the War With Iran Becomes a Worldwide Economic Hazard 09/03 22:30 - Overhaul of rape inquiries threatened by lack of courtroom awareness, says expert 09/03 22:29 - Oil Prices Will Remain High as Iran War Continues 09/03 22:21 - Oil and stocks whipsaw on hopes of an end to Middle East war 09/03 22:08 - Iran War Sends Tremors Through the Global Economy 09/03 21:35 - Democrats file new war powers resolutions and call for public hearings on Iran strikes 09/03 21:25 - Early Iran strikes cost $5.6 billion in munitions, Pentagon estimates 09/03 21:25 - Turkey's Erdogan has tough, no-nonsense reputation - and his message on Iran war is clear 09/03 21:07 - US stock markets close on high after Iran war drove oil prices above $100 a barrel 09/03 21:02 - France Is Sending a Large Naval Force to the Middle East 09/03 20:58 - Dubai influencers post near-identical videos praising city’s ‘safety’ 09/03 20:52 - Trump slams Mojtaba Khamenei’s appointment as Iran projects defiance 09/03 20:52 - Trump slams Mojtaba Khamenei’s appointment as Iran projects defiance 09/03 20:51 - It's Starting To Get Warmer, And That Means You Deserve A Spring Vacation! Pick Foods A–Z For A Destination Rec 09/03 20:31 - Going for broke? Iran war spirals further after naming of Khamenei's son 09/03 20:23 - 'There never was a plan' behind war in Iran, analyst says 09/03 20:21 - Stocks Rebound After Trump Says Iran War Is ‘Very Complete’ 09/03 20:09 - Putin says Russia can supply oil, gas to Europe as energy prices soar 09/03 20:09 - Putin says Russia can supply oil, gas to Europe as energy prices soar 09/03 20:05 - Why Israel’s war on Hezbollah keeps returning 09/03 20:05 - Why Israel’s war on Hezbollah keeps returning 09/03 20:02 - So Badenoch, Farage and Blair think the Iran war is a great idea? Hmm … | John Crace 09/03 20:01 - Trump ally Lindsey Graham issues threat to Saudi Arabia over Iran war 09/03 19:58 - HMS Dragon will head to Cyprus in next couple of days, says defence secretary 09/03 19:56 - Ministers must act more quickly on deepfakes to protect women and girls, Kendall says 09/03 19:50 - Erdogan warns Iran against 'provocative steps' after second missile intercepted