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Nicola Jennings, a renowned cartoonist for The Guardian, has created a thought-provoking cartoon titled 'Nicola Jennings on Trump and the strait of Hormuz – cartoon'. The cartoon, published on April 1, 2026, offers a visual commentary on US President Donald Trump's stance on the Strait of Hormuz, a strategically vital waterway in the Middle East. The cartoon, illustrated by Jennings, is part of The Guardian's series of opinion cartoons. It reflects on the geopolitical tensions in the region, particularly focusing on the US-Israel relations and the potential conflict with Iran. The Strait of Hormuz is a critical passage for global oil shipments, and any disruption in this area can have significant impacts on the world economy. Jennings' work often provides insightful and satirical views on current affairs. In this cartoon, she uses her signature style to convey the complexities and risks associated with Trump's policies in the Middle East. The cartoon serves as a reflection of the broader tensions between the US, Israel, and Iran, highlighting the delicate balance of power in the region.

The ongoing conflict in the Middle East, specifically the US-Israel war on Iran, has sent shockwaves through the global economy, with the Bank of England predicting that over 1.3 million more UK households could face increased mortgage payments. Financial markets have reacted swiftly, with banks pulling around 1,500 mortgage products and raising interest rates on their remaining 7,000 home loan products in recent weeks, according to the Bank's financial policy committee (FPC). The FPC warns that approximately 5.2 million borrowers, or roughly 58% of borrowers across the country, could face higher mortgage payments by the end of 2028, up from 3.9 million before the conflict began. The data provider Moneyfacts reported that the average two-year fixed residential mortgage rate has risen to 5.84%, up from 4.83% at the start of March. Caitlyn Eastell, a personal finance analyst at Moneyfacts, noted that the impact on borrowers has been almost immediate, with borrowing costs sharply rising. The FPC emphasized that a prolonged war increases the possibility of large, frequent and possibly overlapping shocks that could put global financial stability at risk. The UK's economic outlook has deteriorated, increasing pressure on households and businesses, with the FPC adding that a prolonged conflict could amplify risks that were already present before the conflict began. The Bank of England governor, Andrew Bailey, cautioned that markets may be getting ahead of themselves by pricing in interest rate hikes in response to the Iran war, stating that the Bank's remit is to cause the least damage to the economy and jobs.

An American journalist has been kidnapped in Baghdad by a suspected Iranian-backed Iraqi armed group, the US said, as regional security deteriorates after the US-Israeli attack on Iran. The state department said it was working to ensure the American’s release 'as soon as possible'. “An individual with ties to the Iranian-aligned militia group Kataib Hezballah believed to be involved in the kidnapping has been taken into custody by Iraqi authorities,” Dylan Johnson, the assistant secretary of state for global public affairs, wrote on X. Iraq said that authorities intercepted a vehicle that overturned as they tried to flee. “Security forces were able to arrest one of the suspects and seize one of the vehicles used in the crime,” the Iraqi interior ministry said in a statement. The journalist was identified as Shelly Kittleson, a freelancer, by media advocacy groups as well as Al-Monitor, one of the news outlets for which she worked. Kittleson is a longtime freelancer in the region, reporting extensively from Syria and Iraq. Al-Monitor in a statement said it was “deeply alarmed” by Kittleson’s kidnapping and called for her “safe and immediate release”. “We stand by her vital reporting from the region and call for her swift return to continue her important work,” the news organisation said. The US has warned Americans of rising risks in Iraq, where Iran has sway over several Shia armed groups, after the US and Israel attacked Iran on 28 February. Johnson said that the state department had “fulfilled our duty” to warn the journalist about threats and reiterated a warning for Americans to leave Iraq.

Iranian news agency Fars reported that the US-Israeli attacks on Isfahan province targeted some military sites. The incident has heightened tensions in the region, with no official confirmation of casualties or damage.In a separate incident, firefighters successfully extinguished a blaze on Kuwait's Al-Salmi oil tanker at the Dubai port following an attack on the fully loaded ship.

The Israeli military has confirmed that four soldiers were killed in combat in southern Lebanon, where its forces are engaged in clashes with Hezbollah fighters following a ground invasion.In a statement, the army named three soldiers from the same battalion who 'fell during combat'. A separate statement confirmed another soldier's death in the same incident, with two others wounded.This brings the total number of Israeli soldiers reported killed since fighting began on March 2 to ten, following a US-Israeli joint attack on Iran. The Lebanese Ministry of Public Health reports that over 1,200 people have been killed in Israeli attacks on Lebanon, with more than a million displaced.The escalation comes after the United Nations Interim Force in Lebanon (UNIFIL) reported that two peacekeepers were killed in an explosion near the southern Lebanese village of Bani Haiyyan. Another peacekeeper was killed by a projectile on Sunday.Israeli Prime Minister Benjamin Netanyahu has ordered the military to expand its invasion in southern Lebanon, aiming to extend a 'buffer zone' to the Litani River. Israel's far-right ministers have urged Netanyahu to annex southern Lebanon, as the military destroys infrastructure to isolate the area.Al Jazeera's Lebanon correspondent, Zeina Khodr, reported that Monday night marked a new escalation as Israel opened a new front in Lebanon's Bekaa Valley, targeting strategic supply lines for Hezbollah. Khodr noted that Hezbollah Secretary-General Naim Qassem acknowledged the imbalance of power but vowed to make the war 'costly' for Israel.The conflict in Lebanon is part of the ongoing US-Israel war on Iran, which has resulted in over 1,340 deaths since February 28. Netanyahu has reportedly told US officials that any future agreement between the US and Tehran will not stop Israel's actions in Lebanon.

A Kuwaiti oil tanker was attacked by an Iranian drone at Dubai port on Monday night, causing significant concern for the safety of civilian maritime workers in the region. The tanker, owned by Kuwait's state oil company, was carrying approximately 2 million barrels of oil, valued at over $200 million at current prices. The attack occurred amidst the ongoing US-Israel war on Iran, which has already led to thousands of deaths, disruptions in energy supplies, and fears of a global economic downturn. The incident has sparked a significant increase in oil prices, with Brent crude surging above $118 a barrel on Tuesday, marking a 59% gain for March, the largest monthly increase on record. Following the attack, dozens of tankers in the area have chosen to leave, seeking safer locations. A crew member on a nearby oil tanker described the situation as terrifying, stating, 'There's no safe place here.' The incident has also drawn a response from Donald Trump, who warned that the US would obliterate Iran's energy plants and oil wells if it did not open the Strait of Hormuz. The attack on the Salmi tanker, which was headed to Qingdao, China, has highlighted the vulnerability of maritime traffic in the region and the potential for further escalation in the conflict. Despite the fire being extinguished and no injuries reported, the situation remains tense, with many questioning the safety of their operations in the area.

UK house prices experienced a significant increase in March, rising by 0.9% month-on-month, the largest gain since December 2024. This growth, reported by Nationwide, pushed the average UK house price to £277,186. On an annual basis, house price growth accelerated to 2.2% in March, up from 1% in February.Despite this positive trend, Nationwide warned that the outlook has been clouded by the US-Israel war on Iran, leading financial markets to expect the Bank of England to raise the base rate three times over the next 12 months, from the current 3.75%. This has resulted in a sharp rise in longer-term interest rates, which underpin fixed-rate mortgage pricing.As a result, mortgage rates have risen above 5% in recent weeks, with the average two-year fixed-rate mortgage reaching 5.77% and the five-year fixed-rate mortgage increasing to 5.7%. This rapid deterioration in affordability is expected to soften housing market activity.Northern Ireland continues to show the strongest growth in house prices across the UK, with a 9.5% year-on-year increase in the first quarter to £225,269. In contrast, two regions experienced year-on-year declines: the outer south-east of England (-0.7%) and East Anglia (-0.4%).

US Secretary of State Marco Rubio has assured that the Strait of Hormuz will reopen after the ongoing conflict with Iran. In an exclusive interview with Al Jazeera, Rubio emphasized that the strait will be reopened either with Iran's consent or through an international coalition including the US.The conflict began on February 28 with US-Israeli strikes on Iran. Despite US President Donald Trump stating that the US is pursuing diplomacy, Rubio mentioned ongoing direct talks between the US and Iran, primarily through intermediaries. Iran has denied these talks are happening.Rubio called on Iran to take concrete steps to end its nuclear programme and cease manufacturing drones and missiles. He accused Iran of seeking nuclear weapons to threaten and blackmail the world, which Tehran denies.The situation remains volatile, with speculation about a possible US troop deployment in Iran. Rubio warned of severe consequences if Iran keeps the strait closed after the conflict ends. The White House has considered various military options, including a special forces operation to seize enriched uranium stored in Iran.

US President Donald Trump has stated that his 'preference would be to take the oil' in Iran, sparking concerns about the potential for a US invasion or occupation of the country. Iran is one of the world's biggest oil producers, holding around 24 percent of the Middle East's and 12 percent of the world's proven oil reserves, with about 157 billion barrels of proven crude oil.The Trump administration has threatened to target Iran's energy infrastructure, including oil wells, if Tehran does not reopen the Strait of Hormuz, which has been under a de facto Iranian blockade for weeks, triggering a global energy crisis. The US has also unveiled plans to prepare for limited ground operations in Iran, potentially including raids on Kharg Island and coastal sites near the Strait of Hormuz.Seizing Iranian oil would not be easy, as the US would have to occupy Iran's oil production sites and refineries, essentially occupying mainland Iran. However, if the US were to lift sanctions on Iranian oil after seizing it, it could lead to a flow of more Iranian oil into global markets, bringing down oil prices.The US-Israeli war on Iran has already sent global oil prices soaring, with benchmark Brent crude rising to more than 3 percent on Monday to $116 a barrel – the highest level in nearly two weeks. The oil price was about $65 per barrel before the war.In 2023, Iran's gross domestic product (GDP) was around $457.5bn, according to World Bank data. Iran's net oil export revenues were estimated at $53bn, equivalent to roughly 12 percent of Iran's GDP.This is not the first time the US has shown an interest in Iranian oil. In 1953, the government of Mohammad Mossadegh, Iran's first democratically elected prime minister, was toppled in a CIA-orchestrated coup after he nationalised the British-controlled firm Anglo-Iranian Oil Company (AIOC), the predecessor of modern-day BP.