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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.

The Bushehr nuclear power plant in Iran has been under attack, sparking fears about the country's nuclear program and regional security. The plant, which is Iran's only operational nuclear power facility, has been targeted in a series of incidents, although the exact nature and extent of the damage are not yet clear.The attacks on the Bushehr plant come at a time of heightened tensions in the Middle East, with Iran's nuclear program being a major point of contention. The country's nuclear program has been the subject of international scrutiny and concern, with many countries calling for Iran to scale back its activities.The Bushehr plant, which was completed with the help of Russian engineers, has been operational since 2011 and provides a small but significant amount of electricity to the Iranian grid. Any disruption to the plant's operations could have significant implications for the country's energy supply and economy.

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.

Vietnam’s gig‑economy is under pressure as fuel prices soar following the Iran‑related blockade of the Strait of Hormuz. Nguyen, an e‑hailing driver in Ho Chi Minh City, reported that a 7‑hour shift earned him 240,000 VND (≈$9.11) while fuel alone cost 120,000 VND (≈$4.56), wiping out half his income.Diesel prices have more than doubled and petrol has risen by almost 30 %, straining riders who rely on motorcycles – the dominant transport mode in a city of over 7 million two‑wheelers.In response, Prime Minister Pham Minh Chinh announced a temporary suspension of the environmental tax on diesel, petrol and aviation fuel until 15 April, a move that will forfeit an estimated $273 million in revenue but aims to curb the price surge.Experts warn the shock highlights Vietnam’s vulnerability to external conflicts. Nguyen Khac Giang, a visiting fellow at the ISEAS‑Yusof Ishak Institute, said the tax cut is essential to “keep macro‑economic stability intact” amid “turbulence outside Vietnam”.Beyond gig workers, the ripple effect reaches public transport and airlines. Bus operators have raised fares by 3,000 VND (≈$0.11) yet still face losses, while Vietnam Airlines and Vietjet have trimmed flight schedules.Gig workers lack collective bargaining power. Do Hai Ha, a University of Melbourne research fellow, noted that platform drivers “have no chance to negotiate with the platforms” and are excluded from minimum‑wage or overtime protections, forcing many to work longer hours for diminishing returns.Small‑scale entrepreneurs are also feeling the pinch. A fisherman from Binh Thuan reported that his catch price fell from 800,000 VND (≈$30) to 650,000 VND (≈$24) as fuel costs climbed, while a bus fare collector on route 13 said the company cannot absorb the higher fuel bill despite modest fare hikes.Households are cutting back on essential goods. Uyen Pham of Saigon Children’s Charity observed that the price of bottled cooking gas has nearly doubled, prompting low‑income families to revert to wood‑fuel stoves and limit travel to see relatives.The crisis is prompting a strategic rethink on energy policy. Giang warned that Vietnam’s reliance on just two refineries – which currently meet only 40 % of national petrol demand – is unsustainable, urging accelerated investment in domestic refining capacity.Corporate responses are already shifting. Vingroup, the country’s largest conglomerate, announced it would pause a planned LNG‑fired power plant and redirect funds to renewable projects, citing “significant risk of high fuel prices” linked to the war.For workers like Duy, who runs a café near a petrol station, the tax suspension offers modest relief: projected price cuts of about 25 % for petrol and 5 % for diesel could ease daily expenses that had briefly doubled.

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.

Democrats have strongly condemned Donald Trump's recent threats to destroy Iran's civilian infrastructure, labeling them as potential war crimes and evidence of the president's mental instability.In a profanity-laden Easter Sunday message, Trump threatened to bomb Iran's power plants and bridges if Tehran did not open the Strait of Hormuz. This has prompted several Democratic lawmakers to call for Trump's removal from office, citing concerns over his fitness to serve.Congresswoman Yassamin Ansari, who is of Iranian descent, urged the invocation of the 25th Amendment to remove Trump from the presidency, describing him as a deranged lunatic and a national security threat.Other Democrats, including Hakeem Jeffries and Bernie Sanders, have also criticized Trump's threats, with Sanders calling on Congress to act to prevent the war.Legal experts have noted that attacks on civilian infrastructure would violate international humanitarian law, including the Geneva Conventions and the Pentagon's own Law of War Manual.Despite mounting criticism, Trump's Republican allies have largely supported him, with Lindsey Graham and Don Bacon defending the president's stance on Iran.The conflict has resulted in over 2,000 civilian casualties in Iran, according to Iranian officials, and has raised concerns about the humanitarian impact of the war.

Iran has issued a stern warning that the Hormuz Strait, a vital waterway for global oil shipments, will never return to its former state for the US and Israel. This statement comes in response to a threat made by US President Donald Trump, who set a Tuesday deadline for Iran to open the strait or face 'hell'. Trump's warning included the possibility of the US targeting Iranian power plants and bridges. In response, Iran has pledged to respond 'in kind' to any attacks on its infrastructure. Senior Iranian officials have strongly condemned Trump's remarks as 'incitement to war crimes'. The situation escalates tensions between the US and Iran, with the Hormuz Strait being a critical point of contention. The strait's importance cannot be overstated, as it is a key passage for global oil shipments, and any disruption could have significant impacts on the world economy.

President Donald Trump opened the traditional Easter Egg Roll on the White House South Lawn alongside a child dressed in a giant bunny costume, before turning the event into a platform for a stark Iran warning to a room of reporters. Hours later, the president entered a packed briefing room flanked by Defence Secretary Pete Hegseth. The press conference highlighted the recent rescue of a U.S. airman whose jet was downed by Iran, a mission Trump praised as "genius" and likened to a Hollywood production. Amid the celebration, Trump shifted focus to a $1.5 trillion Pentagon budget request he had submitted the previous week, emphasizing military spending while domestic programs face cuts. In a chilling turn, the president warned that the United States could "take out the entire country in one night" by targeting Iran’s bridges and power plants, a threat he framed as a potential path to freedom for the Iranian people. He claimed, without evidence, that Iranians would accept such suffering to topple their regime. When a reporter cited the Geneva Conventions, Trump dismissed the concern, questioning the journalist’s affiliation and mocking the New York Times for its declining circulation. Trump also hinted at personal profit, stating, "I'm a businessman first" when asked about seizing Iranian oil, and invoked a quasi‑religious narrative, saying, "God was watching us" during the Easter festivities. Defence Secretary Hegseth, known for his ties to Christian nationalism, likened the rescue to a resurrection, describing the timeline from the aircraft’s downing on Good Friday to its recovery on Easter Sunday as a "pilot reborn". Critics on social media and within Congress have labeled Trump’s rhetoric as "insane" and "dangerous," urging the cabinet to consider the 25th Amendment to assess his fitness for office. The president brushed off mental‑health concerns, suggesting that if his condition were an issue, "you’ll need more people like me." Recent weeks have seen Trump make contradictory statements: first denying the strategic importance of the Strait of Hormuz, then threatening escalation; first boasting of air superiority after a U.S. fighter was shot down, then claiming the war is already won. These erratic pronouncements have heightened worries that the nation’s nuclear launch authority may be in the hands of a leader whose public behavior resembles the "Mad Hatter" of Lewis Carroll’s classic.

President Donald Trump’s recent proclamation that Iran must reopen the Strait of Hormuz or face a combined "Power Plant Day" and "Bridge Day" has thrust senior U.S. officers into a stark ethical quandary: obey a presidential directive that could breach international law, or risk court‑martial for insubordination. In a post on his Truth Social platform, Trump warned that failure to comply would result in an unprecedented strike on Iran’s civilian energy infrastructure, a move that legal scholars agree would amount to a war crime against 93 million civilians. Two former judge‑advocate general officers, Margaret Donovan and Rachel VanLandingham, emphasized that such rhetoric, if acted upon, would place service members on a “path of no return,” directly contradicting the extensive legal training that defines permissible orders. Historical precedent underscores the gravity of the situation. During the Vietnam War, officers who participated in the My Lai massacre were ultimately held accountable, with the court rejecting the “just following orders” defence as the orders were deemed “palpably illegal.” Professor Charli Carpenter of the University of Massachusetts Amherst notes that while many troops can identify manifestly unlawful commands in surveys, translating that awareness into real‑time refusal is far more challenging, especially when the military culture heavily emphasizes obedience to the chain of command. Since assuming office, Defense Secretary Pete Hegseth has reshaped the Pentagon’s legal advisory structure, dismissing senior JAG officials and dismantling the Civilian Harm Mitigation and Response unit created under the previous administration. Consequently, service members now rely on a “GI rights hotline,” whose usage has reportedly surged under the current leadership. Beyond conventional strikes, Trump’s escalating rhetoric has raised alarms about the potential use of nuclear force. Under U.S. protocol, the president alone can initiate a nuclear launch, with the “nuclear football” – a briefcase containing strike options and authentication codes – handed to a close aide. The only safeguard is for senior commanders to deem such an order illegal, a step that experts fear may never occur. Former Joint Chiefs Chairman Gen. Mark Milley, during the previous administration, reportedly instructed senior officers to stay involved in any nuclear decision due to concerns about Trump’s volatility. Nuclear weapons scholar Jeffrey Lewis now warns that confidence in any contemporary intervention is essentially nonexistent, citing Trump’s pattern of purging dissenting military personnel. As the deadline looms, the United States faces a precarious balance between upholding international humanitarian law and navigating a command structure that may be unwilling or unable to challenge the commander‑in‑chief’s most extreme directives.