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Oil prices have skyrocketed to more than $110 a barrel following Donald Trump's threat of military action against Iran. The international benchmark for oil prices, Brent crude, rose by 1% to $111 a barrel, while New York light crude jumped 2.6% to $115.3 a barrel. Investors are growing increasingly anxious as Trump escalates his threats against Iran, demanding it reopen the Strait of Hormuz as part of any deal to stop the war. The president set a deadline of Tuesday 8pm ET (1am BST Wednesday) for Iran to agree to a deal with Washington or face fresh attacks on civil infrastructure, including power plants. “The entire country can be taken out in one night, and that night might be tomorrow night,” Trump said. He emphasized that passage through the Strait – a vital shipping channel through which a fifth of the world’s oil and gas supplies normally pass – was a “very big priority” and should be part of any ceasefire deal. Global stock markets have been choppy since the US-Israel attack on Iran in February, as the effective closure of the Strait of Hormuz has fed fears around inflation and rattled investor confidence. On Monday, Kristalina Georgieva, the head of the International Monetary Fund, warned that the war is likely to lead to higher inflation and slower global growth. Georgieva told Reuters that before the war began, the IMF had expected a small upgrade in its expectation for global growth of 3.3% in 2026 and 3.2% in 2027. Instead, she said, “all roads now lead to higher prices and slower growth”. The IMF is expected to publish its report on the world economic outlook next week.

In the run-up to the state assembly election in Assam, India, the ruling Bharatiya Janata Party (BJP) is employing a strategy that combines Hindu nationalism with welfare schemes to woo voters.The party, led by Prime Minister Narendra Modi, has been accused of pursuing a hardline Hindu supremacist agenda in Assam, coupled with a xenophobic campaign targeting the state's Muslim population, which constitutes 34% of Assam's 31 million people.At a recent election rally in Morigaon district, BJP leaders highlighted the welfare schemes launched by Chief Minister Himanta Biswa Sarma's government, including a direct benefit transfer scheme called Orunodoi, which provides financial aid to women. Nitin Nabin, the BJP's national president, claimed these schemes benefited the Assamese people, especially women.The BJP's strategy in Assam has been described as a 'cocktail of Hindutva and welfarism' by Akhil Ranjan Dutta, a political science professor at Assam's Gauhati University. 'The BJP is experimenting with a brand of Hindutva by co-opting Indigenous armed struggle and cultural nationalism, while solidifying Hindu identity and othering the Bengali Muslims.'The party's election promises have heightened anxiety among Bengali-speaking Muslims, who fear more crackdowns on their community, including a proposal to implement a Uniform Civil Code, which critics say will override Muslim personal laws.Opposition parties and analysts argue that the BJP is mainly milking two cash transfer schemes – Orunodoi and Udyamita – to influence voters in this election. Economist Joydeep Baruah estimates that at least 10 to 15% of the scheme's four million women beneficiaries could vote for the BJP.The BJP's tactics have been criticized by opposition parties and human rights groups, who accuse the party of vote buying and polarizing the electorate along communal lines.

Former US President Donald Trump has made a contentious statement regarding Iran, claiming that Iranians are pleading with the United States to continue military action against their country. The assertion has been met with skepticism and criticism from various quarters, with many questioning the accuracy of Trump's claim. The development comes at a time of heightened tensions between the US and Iran, with both countries having a complex and often strained relationship. Trump's comments have sparked concerns about the potential for further escalation and the impact on regional stability.

The United States has issued a threat to demolish Iran's critical infrastructure, including bridges and power plants, if Tehran does not open the Strait of Hormuz by early Wednesday. This move, described by President Donald Trump as 'Bridge Day', has raised concerns among experts, who warn that it could amount to war crimes.Iran has approximately 300,000 bridges and technical structures, with only about 185 exceeding 100m in length. Five of the country's most prominent bridges are at risk:1. Persian Gulf Bridge (Qeshm Island): A 3.4km-long unfinished bridge connecting Qeshm Island to Bandar Abbas, representing an investment of up to $700m. Destroying it would erase decades of national planning and impact Iran's hopes for a direct link to the island.2. Lake Urmia Bridge (Shahid Kalantari Bridge): A 1.7km-long bridge connecting Tabriz and Urmia, cutting the driving distance between the cities from 240km to 130km. An attack could trigger an ecological disaster by dumping steel pilings and concrete into the shrinking Lake Urmia.3. Sadr Multilevel Expressway: An 11km-long bridge in Tehran, supporting millions of commuters daily. An attack could cause massive urban casualties, destroy a key transport artery, and plunge Tehran's emergency evacuation systems into chaos.4. Karun 4 Arch Bridge: A 378m-long bridge in Chaharmahal and Bakhtiari province, crucial for connecting Shahr-e-Kord and Izeh. Bombing it risks causing secondary damage to the hydroelectric facility, potentially leading to fatal flooding.5. Ghadir Cable-stayed Bridge (8th Bridge): A 1,014m-long bridge in Ahvaz, spanning the Karun River. Destroying it would cut the city in two, choking off daily movement and emergency services in a province already battered by air strikes.

President Donald Trump told Fox News host Trey Yingst that the United States had dispatched a substantial cache of firearms to Iranian protesters, routing them through Kurdish groups. He said, “We sent them a lot of guns. We sent them to the Kurds,” and added that the Kurds likely kept the weapons. This admission lends weight to Tehran’s long‑standing narrative that the December‑January demonstrations were not spontaneous but were driven by “foreign‑backed terrorists.” Iran’s Supreme Leader Ali Khamenei has repeatedly blamed the United States and Israel for hijacking the economic unrest that began on December 28, when Tehran shopkeepers protested the plunging rial. The protests quickly spread nationwide, drawing hundreds of thousands onto the streets. Rights groups and the United Nations report that at least 5,000 people were killed, with some estimates suggesting the death toll could rise to 20,000. The crackdown also saw thousands arrested and an internet blackout imposed to conceal the violence. As the US‑Israel war on Iran entered its 38th day, official tallies record 2,076 deaths and over 26,000 injuries across the country. Despite Trump’s statements, several Kurdish opposition groups have categorically denied receiving any U.S. weapons. A senior official of the Democratic Party of Iranian Kurdistan (KDPI) told Iraqi broadcaster Rudaw that the claims were “baseless,” noting that their armaments are decades‑old and sourced locally. The Komala Party issued a similar denial. Analysts caution that Trump’s remarks are difficult to verify. Neil Quilliam of the United Kingdom’s Chatham House said the comments “reveal nothing material” and may reflect Trump’s personal rhetoric more than concrete policy. Nonetheless, such statements could undermine the cohesion of Iranian opposition groups and influence international perceptions of the conflict. In the broader geopolitical context, the United States has framed its February 28 strikes—carried out jointly with Israel—as a response to Iran’s nuclear program and as a means to “free” Iranians from the Islamic Republic’s repression. Trump linked the military action directly to the protests, claiming Tehran had “killed tens of thousands of its own citizens on the street as they protested.” While Kurdish factions continue to advocate for peaceful, civil protest methods, the U.S. and Israeli governments have not yet committed to ground operations in Iran. Opposition Democrats in the U.S. Congress remain skeptical of any escalation involving troops. Overall, Trump’s confirmation of arms shipments adds a new layer to the already complex narrative surrounding the Iranian protests, the US‑Israel military campaign, and the broader struggle for influence in the region.

President Donald Trump announced that the US military has successfully rescued a missing American fighter jet crew member from a remote part of Iran. The Air Force officer went missing after his F-15 jet was downed on Friday, with the pilot being quickly rescued, but a search had to be launched for the F-15's weapons systems officer. In a Truth Social post on Sunday, Trump wrote that the US had rescued the second airman, described as 'seriously wounded, and really brave,' from 'deep inside the mountains of Iran.' A firefight between US and Iranian forces reportedly took place in Kohgiluyeh and Boyer-Ahmad province before the rescue, though Iran has not confirmed this. The rescue mission involved two raids, with the pilot being rescued in 'broad daylight' during the second raid. Trump noted that the type of rescue mission that recovered him 'is seldom attempted because of the danger to man and equipment.' The operation reportedly involved dozens of aircraft carrying 'lethal weapons.' Iran had also been racing to locate the airman, with Tehran calling on the public to hand over the soldier to the authorities. Iran's Islamic Revolutionary Guard Corps claimed that Iranian forces had destroyed two C-130 aircraft and two Black Hawk helicopters during the operation. This incident is part of a broader conflict that has resulted in the loss of 13 US service members and wounded over 300, according to the US military's Central Command. The US has lost several military assets, including three F-15 fighter jets in a friendly fire incident over Kuwait and a military refueling aircraft over Iraq.

For Konstantin, a 53‑year‑old resident of St Petersburg, the war in Ukraine has become a literal scent in the air. Over the past fortnight he has repeatedly detected the acrid odor of burning crude, fuel and chemicals drifting from Ukrainian drone strikes on Russia’s two largest Baltic oil terminals. The facilities at Ust‑Luga and Primorsk together handle about 40% of Moscow’s seaborne oil exports and roughly 2% of global oil supply, according to the International Energy Agency. Both ports lie within 150 km of St Petersburg, making the smoke visible – and smelt – to locals. Ukrainian drones have flown more than 1,000 km from the front lines to strike storage tanks and loading infrastructure, igniting fires that have burned for days. The smell, described by Konstantin as a mix of diesel exhaust, burning plastic and rotten eggs, first appeared in late March. These attacks are a key element of Kyiv’s strategy to erode Russia’s “unexpected windfall” from oil exports, a revenue stream that has surged as the US‑Israel campaign against Iran pushed global oil prices higher. Satellite imagery shows extensive damage at both terminals, with Ust‑Luga’s sprawling processing complex blackened by fire. As a result, both ports are currently unable to dispatch cargo, forcing traders to reroute oil to smaller Baltic and Black Sea ports that lack the capacity to absorb the displaced volume. Financial analysts estimate that the disruption has already cost Moscow roughly $1 billion in lost export earnings, according to Bloomberg data released on March 31. Moreover, every $10 rise in global oil prices translates into about $1.6 billion of additional monthly income for the Kremlin. Russian officials have blamed European nations for allegedly facilitating the drone overflights, but Ukrainian experts dispute this claim. Andrey Pronin, a pioneer of Ukraine’s drone warfare, emphasized that the strikes are meticulously planned to stay within Russian airspace, bypassing air‑defence systems. Since the campaign began, Ukrainian forces have targeted 13 oil sites, seriously damaging at least eight refineries from the Baltic coast to the Volga region. The attacks are timed to coincide with the heightened profitability Russia enjoys from the Iran‑related oil price surge, according to researcher Nikolay Mitrokhin of Bremen University. Beyond the immediate economic impact, Kyiv views the strikes as leverage in negotiations with Moscow. President Volodymyr Zelenskyy has floated the idea of a temporary moratorium on attacks against Ukrainian energy infrastructure in exchange for concessions, though the strategy also inadvertently benefits Iran by sustaining higher oil prices. On the tactical side, Ukraine now relies heavily on FP‑1 drones produced by the domestic Firepoint company. These unmanned aircraft can carry up to 120 kg of explosives and travel roughly 1,500 km, enabling strikes deep inside Russian territory. For civilians living near the conflict zones, the nightly “fireworks” of explosions have become a grim routine. Abdulla, a Tatar resident of Crimea, described the constant shelling as a new normal, while analysts note that President Vladimir Putin remains resolute, using the ongoing talks with the White House as a diplomatic façade. Overall, the Ukrainian drone campaign illustrates how modern warfare increasingly intertwines kinetic attacks with strategic economic disruption, reshaping the dynamics of the Russia‑Ukraine war and its broader geopolitical reverberations.

President Donald Trump issued an ultimatum demanding that Iran reopen the Strait of Hormuz by 8 p.m. Eastern Time on April 7 (midnight GMT on April 8) or face the destruction of national power plants and major bridges.This demand mirrors a March 21 warning in which Trump threatened to strike Iran’s power plants – “the biggest one first” – if the waterway was not fully reopened within 48 hours.Since then, the deadline has been extended several times, with the White House citing progress in secret negotiations aimed at ending the ongoing conflict, a claim Iran publicly denies.While Trump has repeatedly declared that Iran would “lose every power plant and every other plant they have in the whole country,” he has not identified specific facilities as targets.The president has also threatened to demolish Iran’s bridges; a recent U.S.–Israeli strike damaged the B1 bridge in Karaj, a high‑profile structure slated for inauguration, underscoring the tangible risk to civilian infrastructure.Legal analysts warn that such attacks could constitute “collective punishment,” a practice prohibited under international humanitarian law.Iran’s electricity network comprises hundreds of power stations that together form one of the Middle East’s largest grids, supplying power to approximately 92 million people. Most facilities cluster around major population centres—Tehran, Mashhad, and Isfahan—where demand is highest.The generation mix is dominated by natural‑gas‑fired plants, supplemented by coal, oil, hydro, and a single nuclear facility. In the north and centre of the country, dense clusters of gas‑fired stations serve Tehran, Karaj, Isfahan and Mashhad.Along the Gulf coast, a second concentration of plants benefits from proximity to vast gas fields and ports, enabling large thermal stations to operate on abundant natural gas. This coastal belt also hosts the Bushehr Nuclear Power Plant, Iran’s only nuclear reactor with a capacity of 1,000 MW, a site that has been repeatedly targeted by U.S. and Israeli forces, raising concerns about potential radioactive fallout.Hydropower generation is centred on a series of dams along the Karun River, the country’s primary source of hydroelectric power.All electricity is transmitted through a national grid managed by the Iran Grid Management Company, delivering power to cities, industry and households.A map of Iranian power stations with capacities of 100 MW or more shows that a single 100 MW plant can typically supply electricity to 75,000–100,000 homes, depending on consumption patterns.The nation’s largest facility is the Damavand Power Plant in Pakdasht, about 50 km southeast of Tehran, boasting a capacity of 2,868 MW—enough to energise more than two million homes.Key high‑capacity plants include:Damavand (Pakdasht) – Natural‑gas combined‑cycle, 2,868 MW.Shahid Salimi – Neka, Caspian Sea coast, natural gas, 2,215 MW.Shahid Rajaee – Near Qazvin, natural gas, 2,043 MW.Karun‑3 Dam – Khuzestan Province, hydropower, 2,000 MW.Kerman – Natural gas, 1,912 MW.Other strategically important stations are the Ramin Power Plant (1,903 MW, gas), the Bushehr Nuclear Power Plant (1,000 MW, nuclear), and the Bandar Abbas Power Plant (1,330 MW, oil) near the Strait of Hormuz.Iran’s electricity generation is heavily fossil‑fuel dependent: in 2025, 86 % of power came from natural gas, 7 % from oil‑fired plants, about 5 % from hydropower, 2 % from nuclear, and less than 1 % from solar and wind. This makes Iran one of the world’s most gas‑reliant power systems.Targeting the grid would therefore cripple energy supply for millions, disrupt industrial output, and could trigger a humanitarian crisis, while also escalating geopolitical tensions in an already volatile region.

Parts of Asia are already feeling the strain of the Iran war, with fuel supplies tightening and prices rising. Some countries are warning that their stocks may run out, revealing just how fragile the global energy system is.The impact of the war is being felt far from the battlefield, with the threat to oil flows causing immediate concern. This has raised questions about the resilience of the global energy system and its ability to withstand geopolitical tensions.Vina Nadjibulla, vice-president of Research and Strategy at the Asia Pacific Foundation of Canada, provides insight into the situation.