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News Mar 30, 2026

Pakistan spearheads four‑nation diplomatic drive to broker Iran‑US settlement as Trump hints at oil seizure

Pakistan hosted foreign ministers from Saudi Arabia, Turkey and Egypt to form a “Committee of Four”…
Islamabad became the focal point of a new diplomatic track when the foreign ministers of Saudi Arabia, Turkey and Egypt arrived this weekend, joining Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar. The quartet pledged to channel U.S. and Iranian confidence in Pakistan’s ability to host direct talks aimed at a comprehensive settlement. At the close of the meeting, Dar announced the creation of a Committee of Four—senior officials from each foreign ministry tasked with ironing out the procedural details of the peace process. The gathering marks the evolution of a broader Arab‑Islamic consultative effort that began in Riyadh on March 19 into a focused four‑nation push, with Pakistan positioned as the primary conduit between Washington and Tehran. In a candid interview with the Financial Times, U.S. President Donald Trump declared his “favourite thing is to take the oil in Iran,” hinting at a possible seizure of Kharg Island, which handles roughly 90 % of Iran’s crude exports. He reiterated an April 6 deadline for Tehran to accept a deal or face U.S. strikes on its energy infrastructure, yet on Air Force One he added, “I do see a deal in Iran, yeah. Could be soon,” describing the negotiations as “extremely well” progressing. Analysts stress that these mixed signals underscore the central tension confronting Pakistan’s initiative. While Islamabad and its partners are building a multilateral framework to curb escalation, Israeli strikes continue and the U.S. military presence in the region expands. Key diplomatic insights came from former Pakistani officials. Former information minister Mushahid Hussain Sayed highlighted the meeting as the first institutional Muslim‑world effort to open a dialogue pathway, noting that Pakistan and Turkey are among the most credible interlocutors—one a nuclear power, the other a NATO member. He cautioned, however, that the steps are “baby steps” in a war that is rapidly complicating. Former ambassador Masood Khan described the Committee of Four as a structured back‑channel enabling a “step‑by‑step, layered, and calibrated process.” He outlined four potential stages: trust‑building measures, cease‑fire negotiations, direct talks on the nuclear programme and the Strait of Hormuz, and finally reciprocal commitments. Khan warned that Iran’s demands for war reparations and sovereignty over the Strait could prove the toughest hurdles. High‑level outreach extended beyond the region. Pakistan’s Prime Minister Shehbaz Sharif held a 90‑minute call with Iranian President Masoud Pezeshkian, while China’s Foreign Minister Wang Yi pledged full backing for the initiative. A senior Pakistani diplomat confirmed Dar’s planned visit to China on March 31, underscoring the strategic weight of the Pakistan‑China relationship. On the economic front, Iran’s agreement to allow 20 Pakistani‑flagged vessels through the Strait of Hormuz represents the most immediate confidence‑building measure. The strait remains effectively closed to regular shipping, prompting the International Energy Agency to label the disruption as the “worst oil shock in history,” surpassing the crises of 1973 and 1979. Brent crude surged above $116 per barrel, up more than 50 % since the war began on February 28, while WTO Director‑General Ngozi Okonjo‑Iweala warned of the “worst trade disruptions in the past 80 years.” Nevertheless, experts argue that the Strait should not become the centerpiece of any settlement. The long‑term resolution will likely involve all eight littoral states under UNCLOS and established legal precedents, with the immediate priority being a broader halt to hostilities. Military dynamics remain volatile. U.S. Central Command reported that an amphibious task force of roughly 3,500 Marines and sailors aboard the USS Tripoli arrived in the region, with an additional 2,200 Marines and 2,000 soldiers from the 82nd Airborne Division slated to deploy. Trump affirmed that military options are still on the table, and reports suggest the Pentagon is preparing for potential ground operations. Iran’s leadership remains skeptical. A spokesperson for Iran’s Ministry of Foreign Affairs described the U.S. 15‑point plan—calling for a one‑month cease‑fire, handover of highly enriched uranium, a halt to enrichment, missile curbs, and an end to proxy support—as “unrealistic, illogical and excessive.” Tehran’s counter‑proposal, aired on Press TV, demands a halt to aggression, concrete guarantees against recurrence, reparations, and formal recognition of Iranian sovereignty over the Strait of Hormuz. Analysts such as Reza Khanzadeh of George Mason University argue that the burden of compromise falls on Washington, noting that Iran will not sacrifice regime survival. Meanwhile, former diplomat Masood Khan identified the most decisive confidence‑building measure as a U.S. commitment to halt Israeli attacks on Iran and Lebanon—a step he admits is “easier said than done.” In sum, Pakistan’s diplomatic corridor offers a glimmer of hope, but deep mistrust, divergent demands, and an accelerating military buildup render the path to a lasting settlement precarious.
#pakistan #iran #egypt
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World Economy Mar 30, 2026

US-Israel Strikes Hit Iran, Escalating Conflict and Global Market Volatility

The US and Israel have launched overnight strikes on Tehran and other Iranian cities, targeting pow…
The conflict between the US and Israel against Iran has entered its 31st day, with overnight strikes hitting Tehran and other cities, targeting power infrastructure in the Iranian capital and causing a blackout that has since been restored. US President Donald Trump has stated that he wants to "take the oil in Iran", while Tehran has accused Washington of plotting a ground attack despite publicly pushing for a negotiated deal. Trump also mentioned that he is "pretty sure" a deal with Iran will be made. In a diplomatic effort, Pakistan is set to host meaningful talks in the coming days, with the Pakistani Foreign Minister stating that regional foreign ministers discussed ways to bring an early end to the war. The conflict has spread to other regions, with Saudi Arabia intercepting five ballistic missiles heading towards its Eastern province, and Kuwait reporting an attack on a service building and electric power plant, resulting in the death of an Indian worker. The economic impact of the conflict is significant, with Brent crude prices rising 2.98% to $115.93 a barrel, and Asian markets experiencing a decline, including Indonesia's main stock index and Malaysia's FTSE Bursa Malaysia Top 100.
#iran #iranian #tehran
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News Mar 30, 2026

Iranian Attack on Kuwait Power Plant Kills One, Heightens Regional Tensions

An Iranian attack on a Kuwaiti power and water desalination plant has killed an Indian worker and d…
Kuwait's Ministry of Electricity confirmed that an Iranian attack on a power and water desalination plant resulted in the death of an Indian worker and significant material damage to a service building. The attack is part of Iranian aggression against Kuwait, according to the ministry.Emergency response teams were quickly dispatched to the site to manage the aftermath and ensure continued operations. The incident occurred as regional tensions spike following the start of the US-Israeli war on Iran over a month ago.Iranian forces have retaliated against Israel and countries hosting US military assets with drone and missile strikes, causing casualties and infrastructure damage. The conflict has also led to Iran effectively blocking the Strait of Hormuz, a critical passage for 20% of global oil and liquefied natural gas, driving up energy prices and unsettling financial markets.The vulnerability of critical water infrastructure in one of the world's most water-scarce regions has been exposed by the war. Kuwait has faced repeated attacks since the conflict began, including the detection of 14 missiles and 12 drones in its airspace, with several targeting a military camp and injuring 10 servicemen.The US and Israeli attacks on Iran have killed over 2,000 people, including high-ranking officials and children, and destroyed critical infrastructure. The situation remains volatile, with US President Donald Trump pausing threatened attacks on Iranian energy plants until April 6, and Iran vowing to respond to any attacks on its facilities with strikes on energy sites across the Gulf region.
#iranian #kuwait #iran
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Commentisfree Mar 30, 2026

Escalation Without End: The Devastating Consequences of Trump's Iran War

The ongoing conflict between the US and Iran, sparked by Donald Trump's actions, has entered its fi…
The US-Iran conflict, now in its fifth week, has escalated into a war of attrition with no clear strategy or end in sight. The US continues to hit Iranian targets while building up forces in the region, while Iran launches missile and drone attacks on Israel and neighboring Gulf states.The conflict has significant economic implications, with Iran's closure of the Strait of Hormuz causing oil prices to surge and disrupting global supply chains. The pain is likely to get worse, with shortages already felt across the world, from Asian factories to European diesel markets.The war should never have been started, with the threat not imminent, objectives unclear, and justification falling apart under scrutiny. Responsibility rests with Donald Trump and Israel's Benjamin Netanyahu. The delusion that force can impose a more compliant regime in Tehran has predictably given rise to a conflict that sustains itself.The only plausible exit is negotiation without preconditions. However, Mr. Trump mixes threats of escalation and claims that negotiations are progressing, with little evidence of a meaningful diplomatic track. The conflict cannot be separated from Gaza, where Mr. Netanyahu is gambling that war with Iran will restore his standing.If US ground forces are committed, the dynamic shifts, and American casualties will harden resolve among those who backed the intervention, making withdrawal politically harder. World powers can shift the incentives away from a US ground war by working together to insulate themselves from economic pain and coordinate diplomatic messaging.
#war #trump #iran
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World Mar 30, 2026

Israeli Oil Refinery Hit by Fire After Reported Missile Strike

A fire broke out at an Israeli oil refinery following a reported missile attack, as captured on vid…
A significant fire incident occurred at an Israeli oil refinery after a reported missile attack. The incident was captured on video, highlighting the ongoing tensions in the region.The attack on the refinery has raised concerns about the stability of the region and potential impacts on global oil supplies.Further details about the incident, including any casualties or damage, have not been provided.
#fire #israeli #oil
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World Mar 30, 2026

Understanding the Houthis: Yemen's Powerful Militant Group

The Houthis are a militant group from Yemen that has become a significant political force, capable …
The Houthis are a militant group that emerged from a years-long civil war in Yemen as the country’s most powerful political force. Their strategic location at the entrance of the Red Sea allows them to disrupt international trade.The group, which has an estimated 20,000 fighters, represents the Zaidi branch of Shia Islam. The Houthis first began gaining mass support around the turn of the century from Shia Yemenis who were fed up with corruption and authoritarian leaders.In 2014, the Houthis captured the Yemeni capital, Sana’a, and a year later overthrew the western-backed president, Abd-Rabbu Mansour Hadi. Hadi was forced to flee, but his allies in Saudi Arabia and the UAE launched a military campaign, also backed by the west, to drive out the Houthis.The ensuing civil war led to an estimated 377,000 deaths and displaced 4 million people by the end of 2021. The UN brokered a 2022 truce between the warring sides in Yemen that has largely held.As part of Iran’s “axis of resistance”, the Houthis began targeting international shipping in the Red Sea after the 7 October 2023 attack on Israel by Hamas, which triggered the Israeli military campaign in Gaza. The Houthis’ campaign in the Red Sea – a major thoroughfare for world trade – brought chaos to global supply chains.The Houthis ceased their attacks after a US-brokered ceasefire between Israel and Hamas in October 2025.While the US says Iran has armed, funded, and trained the Houthis, the group denies being an Iranian proxy but says they share a political affinity. On 28 March, the Houthis fired missiles at Israel, vowing to continue military operations until Israel “ceases its attacks and aggression”.
#houthis #yemen #iran
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Politics Mar 30, 2026

Brent Crude Surges to $116 as Trump's Comments on Iran Oil Spark Market Volatility

Oil prices have sharply increased to $116 a barrel following Donald Trump's comments on seizing Ira…
The price of oil has surged to $116 a barrel after Donald Trump's comments on seizing Iranian oil, sparking concerns over a potential escalation in the Middle East conflict. Brent crude, the international benchmark for oil, rose by 2% in early trading on Monday.Trump told the Financial Times that his 'favourite thing is to take the oil in Iran,' which led to a significant increase in oil prices and a drop in Asian stock markets. Japan's Nikkei fell by 3%, while the South Korean Kospi dropped 3.4%. Hong Kong's Hang Seng index shed about 1%.The conflict in the Middle East has escalated with the arrival of 3,500 US troops and Houthi rebels in Yemen firing ballistic missiles at Israeli sites. This has led to concerns over a potential disruption in oil supplies, causing natural gas prices to increase in Europe.Analysts warn that if the conflict doesn't end quickly, crude could rise to $150 or even $200 per barrel, which could lead to a global recession. The UK's Keir Starmer is set to hold talks with bosses from Shell, BP, and Equinor to discuss emergency measures to contain the crisis.The war in the Middle East has driven Brent crude to its biggest monthly gain ever, up by 59% since the start of March. Industry figures have warned of potential temporary shortages at petrol pumps in the UK due to the conflict.
#Brent Crude #Donald Trump #Iran
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Politics Mar 29, 2026

Houthis' New Front in Iran War: Threat to Global Trade via Bab al-Mandeb

Yemen's Houthis have launched strikes on Israel, potentially opening a new front in the Iran war. T…
The Houthis, an Iranian-backed group in Yemen, have recently launched missile and drone attacks on Israel, marking a significant escalation in the ongoing conflict. This move has analysts warning of a potential new front in the war, particularly with the group's ability to block the Bab al-Mandeb strait, a crucial passage for global commodities trade.The strait, situated between Yemen and the Horn of Africa, connects the Red Sea to the Gulf of Aden and is a key route for 10% of global trade, including a significant share of oil and gas shipments. Blocking this strait could have severe implications for the global economy, potentially disrupting trade and leading to increased inflation.Brigadier-General Yahya Saree, a military spokesperson for the Houthis, announced the group's first attack on Israel, followed by a second military operation using cruise missiles and drones. The Houthis have warned they will continue military operations until Israel ceases its aggression.The group's actions are seen as a significant development in the conflict, with Iran likely to welcome the Houthis' involvement. However, the extent of their participation remains uncertain, with some analysts describing their actions as token participation rather than full engagement.If the Houthis were to block the Bab al-Mandeb strait, it would create a nightmare scenario for global trade, particularly for Europe. This move, combined with potential restrictions on the Strait of Hormuz, could cripple trade and have far-reaching economic consequences.Analysts suggest that the Houthis' current posture reflects a deliberate calculation rather than restraint born of weakness. Their decision to target Israel directly, rather than escalating in the Red Sea, indicates a strategic approach aligned with Tehran's broader strategy.For now, the Houthis' threat to block the Bab al-Mandeb strait remains a significant concern, with global trade and economies potentially hanging in the balance.
#Houthis #Bab al-Mandeb Strait #Iran
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Politics Mar 29, 2026

Pentagon Prepares for Weeks of Limited Ground Operations in Iran

The Pentagon is preparing for weeks of limited ground operations in Iran, including potential raids…
The Pentagon is gearing up for weeks of limited ground operations in Iran, potentially including raids on Kharg Island and coastal sites near the Strait of Hormuz, according to US officials. These plans, which fall short of a full invasion, may involve special operations and conventional infantry troops.The operations would expose US personnel to Iranian drones and missiles, ground fire, and improvised explosives. The plans have been discussed within the administration over the past month, with objectives under consideration including the seizure of Kharg Island, a key Iranian oil export hub in the Gulf.According to officials, the objectives would likely take weeks, not months to complete. The Pentagon has not responded to requests for comment, and Iran has yet to respond to the report.The developments come as Pakistan mediates between Washington and Tehran, hosting talks with the foreign ministers of Saudi Arabia, Turkey, and Egypt. Iranian parliament speaker Mohammad Bagher Ghalibaf warned that Iran is prepared to respond to any ground attack, stating that the enemy's plans for a ground attack are being met with readiness from Iranian forces.Iran's navy chief, Shahram Irani, also warned that the USS Abraham Lincoln aircraft carrier would be targeted if it comes within range. The situation remains tense, with Iran posing a credible threat in the Bab al-Mandeb Strait, which lies between Yemen and Djibouti.
#Pentagon #Iran #Kharg Island
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