Oil Jumps to $116 a Barrel on Signs of Escalation of Middle East War
Investors digested increasing signs of escalation of the U. S. -Israeli war in Iran, which has led to a blockage of critical energy supplies.
Investors digested increasing signs of escalation of the U. S. -Israeli war in Iran, which has led to a blockage of critical energy supplies.
(260330) -- TEHRAN, March 30, 2026 (Xinhua) -- Smoke rises from buildings in Tehran, Iran on March 29, 2026. Several areas in the Iranian capital Tehran and the neighboring Alborz province came under U. S.
'Replicate Gaza model': Netanyahu orders expansion of Lebanon invasion Prime Minister Benjamin Netanyahu said he has ordered Israeli troops to expand the ground offensive in southern Lebanon, including widening the "security buffer zone". Speaking in a video statement from Northern Command, Netanyahu said Israel is “determined to fundamentally change the situation in the north. ” He said the move aligns with plans to replicate what he called the “Gaza model” in Lebanon, signalling a more entrenched military presence.
KUWAIT, 30th March, 2026 (WAM) -- Kuwait's Ministry of Electricity, Water and Renewable Energy announced on Sunday that a service building at one of the power and water distillation plants was damaged in a brutal Iranian attack, resulting in the death of an Indian worker.
Air strikes hit Tehran airport, residential area, Iranian media say Air strikes targeted multiple sites in Tehran, including Mehrabad Airport in the west of the capital, according to Iranian state television. The report said additional strikes hit a branch of the National Bank and a cardboard factory south of the city. Mehr News Agency reported that a residential area north of Tehran was also struck, with several people injured.
Trump considers seizing Iran’s enriched uranium, report says President Donald Trump is considering a potential ground operation in Iran to seize enriched uranium, The Wall Street Journal reported, quoting US officials. The report said the stockpile under discussion amounts to about 450 kilograms. According to the newspaper, Trump has also instructed advisers to press Iran to hand over its enriched uranium as a condition for ending the conflict, while weighing the risks such an operation could pose to US forces.
Tabriz [Iran], March 30 (ANI): The US- and Israel-led air raids struck a petrochemical unit in the northwestern Iranian city of Tabriz, as reported by Iranian state media, Press TV, on Sunday (local time) amid the escalating conflict in West Asia. According to Press TV, citing Iranian officials, the situation at the facility has been brought 'under control' after the strike.
Tehran [Iran], March 30 (ANI): Iran on Sunday (local time) vowed retaliatory attacks targeting the residences of US and Israeli commanders and political officials in the region amid escalating tensions, describing them as legitimate targets, as reported by Iranian state media Press TV.
Iranian media report strike on petrochemical facility in Tabriz Iranian state media reported that a petrochemical production unit in the northwestern city of Tabriz was targeted in US-Israeli strike. The reports said the facility was hit but did not immediately provide details on casualties or the extent of damage. Officials said there was no leak of toxic or hazardous materials following the attack and that the situation was under control, easing concerns about environmental impact.
Israeli air force says it intercepted two drones launched from Yemen; Unifil says peacekeeper killed and another critically injured in southern Lebanon Full report: Iran accuses US of plotting ground assault while publicly seeking talks Analysis: what the Houthis’ entry into the Iran war means for the conflict and the wider region Iran’s foreign minister, Abbas Araghchi, has condemned Israel’s killing of three journalists in Lebanon on Saturday. On his Telegram, Araghchi said the killings amounted to “targeted assassination” and “flagrant violation of international law”. He said they were a way of silencing “the voices of those who tell the truth”.
Trump says US could 'take the oil' in Iran US President Donald Trump said he wants to “take the oil in Iran” and suggested the United States could seize key energy infrastructure, including the export hub on Kharg Island, in remarks reported by the Financial Times. “To be honest with you, my favourite thing is to take the oil in Iran,” Trump said, adding that “maybe we take Kharg Island, maybe we don’t. We have a lot of options.
Younger conservatives say they are disappointed by Donald Trump’s decision to launch war against Iran. Key US politics stories from 29 March A generational divide over the Iran war has emerged between older attendees and their political heirs at this year’s Conservative Political Action Conference (CPAC) in Texas, as the group’s leaders pleaded for unity ahead of a challenging midterm election year for Republicans. Younger conservatives spoke of disappointment and even “betrayal” over Donald Trump’s launch of strikes against Iran, saying that the president’s actions run counter to his many pledges to oppose foreign entanglements.
Trump says U. S. could take Iran's Kharg Island U.
The commandos have not been assigned specific roles. But President Trump has expressed concern about the now-closed Strait of Hormuz and Iran’s store of enriched uranium.
Vienna [Austria], March 30 (ANI): The International Atomic Energy Agency (IAEA) on Sunday (local time) confirmed that Iran's Khondab Heavy Water Plant has sustained severe damage and is no longer operational following Israeli strikes on the plant amid the West Asia conflict.
Diplomats from around the region met in Pakistan, and the U. S. -Israeli bombardment hit a southern Iranian port, killing at least five people, Iranian state media said.
UN peacekeeper killed in southern Lebanon United Nations Interim Force in Lebanon (Unifil), says one of its peacekeepers was killed after a projectile struck a position in southern Lebanon late on Sunday. "A peacekeeper was tragically killed last night when a projectile exploded in a Unifil position near Adchit Al Qusayr," the force said in a statement. "Another was critically injured.
Oil prices surge above $100 again Oil prices jumped at the start of Asian trading on Monday, with benchmark crude climbing sharply as the Israeli-US war on Iran showed no sign of ending. West Texas Intermediate rose 3. 5 percent to $103.
After Trump said MBS was ‘kissing his ass’, Gulf leaders told to send children to fight Iran Submitted by Elis Gjevori on Sun, 03/29/2026 - 22:46 Trump ally Steve Bannon calls for Gulf royals’ children to lead assault on Iran US President Donald Trump speaks during the Future Investment Initiative (FII) Summit in Miami Beach, Florida, on March 27, 2026. (Mandel Ngan/AFP] Off A close ally of US President Donald Trump said on Saturday that Gulf leaders should send their own children to fight on the front lines in the Israeli -US war on Iran . Speaking on his “War Room” podcast, former White House strategist Steve Bannon said Gulf elites should form the “first wave” of any ground assault.
Tehran declares enemy residences legitimate targets as US amasses over 50,000 troops in the region Tehran has declared the homes of US and Israeli officials and military commanders legitimate targets, in retaliation for repeated strikes on residential buildings in Iran that have reportedly killed nearly 2,000 civilians over the first month of the war.