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Iran-US war latest: Trump claims conflict will be over soon but US hasn’t ‘won enough’ yet

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Iran-US war latest: Trump claims conflict will be over soon but US hasn’t ‘won enough’ yet

Trump claims he was told sinking Iranian naval ships was ‘more fun’

Donald Trump has alleged that Iran’s navy has been effectively destroyed, claiming in a speech that dozens of its ships had been sunk by American forces.

He said he had asked “our people” why the vessels were not captured, but claimed that he was told it was “more fun” to sink them.

“The Navy is gone. It’s all lying at the bottom of the ocean, 46 ships,” he said.

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“I said, why don’t we just capture the ship? Why did we sink.. He said: ‘It’s more fun to sink them.’

“They like sinking them better. They say it’s safer to sink them. I guess it’s probably true, but the Navy is gone.”

Maroosha Muzaffar10 March 2026 07:11

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South Korean president says Seoul can’t prevent redeployment of weapons to Middle East

South Korea cannot prevent US forces stationed in the country from redeploying some weapons, president Lee Jae Myung said on Tuesday.

His comments come following reports that Patriot missile defence systems were being moved to the Middle East.

Speaking at a cabinet meeting, Lee said: “It appears that there is controversy recently over US Forces in ​Korea shipping some weapons, such as artillery batteries and air-defence weapons, out of the country.”

He said that while ​Seoul had expressed opposition, it was not in a position to make demands, according to Reuters.

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Lee also said the withdrawal of some US weapons from South Korea “does not hinder deterrence strategy towards North Korea”.

Maroosha Muzaffar10 March 2026 07:01

Trump threatens to unleash ‘death, fire and fury’ on Iran if it meddles with flow of oil in Middle East

In a post on Truth Social Monday night, the U.S. president vowed to all but wipe out the Islamic Republic unless it fully re-opens the Strait of Hormuz, a critical sea lane for oil exports from Iraq, Kuwait, Saudi Arabia, and other Gulf petrostates.

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Maroosha Muzaffar10 March 2026 06:31

US orders departure of diplomats from consulate in southern Turkey

On Monday, the US state department ordered the departure of US diplomats and their families from the consulate in Adana in southern Turkey, near Incirlik air base, where US and Nato forces are stationed.

Last Wednesday, Turkey intercepted a missile from Iran that, according to a senior US official, was targeting the base.

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A covered piece of ammunition that fell on Turkish soil after a Nato air defence system intercepted a missile launched from Iran is seen in Gaziantep, Turkey, 9 March 2026 (Ihlas News Agency)

On Monday, Turkey reported shooting down a second Iranian missile that had entered its airspace.

Earlier, US diplomats were instructed to depart from missions in Saudi Arabia, following earlier mandatory departure orders for Iraq, Jordan, Bahrain, Qatar, the United Arab Emirates, and Lebanon.

Maroosha Muzaffar10 March 2026 05:46

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Macron orders ‘unprecedented’ naval deployment to Strait of Hormuz

French president Emmanuel Macron has ordered an “unprecedented” naval deployment to the Strait of Hormuz following Iranian attacks on ships passing through the crucial narrow passage.

The operation, which includes the flagship aircraft carrier Charles de Gaulle, aims to “guarantee freedom of navigation and maritime ‌security”, Macron said during a visit to a military air base in Cyprus.

French vessels will join US forces in the region as they seek to reopen the crucial maritime route.

A navy vessel is seen sailing in the Strait of Hormuz, a vital waterway through which much of the world's oil and gas passes on 1 March 2026
A navy vessel is seen sailing in the Strait of Hormuz, a vital waterway through which much of the world’s oil and gas passes on 1 March 2026 (AFP/Getty)

Macron said: “We are in the process of setting up a purely defensive, purely escort mission, which must be prepared together with both European and non-European states, and whose purpose is to enable, as soon as possible after the most intense phase of the conflict has ended, the escort of container ships and tankers to gradually reopen the Strait of Hormuz.

“Our objective is to maintain a strictly defensive stance, standing alongside all countries attacked by Iran in its retaliation, to ensure our credibility, and to contribute to regional de-escalation. Ultimately, we aim to guarantee freedom of navigation and maritime ‌security.”

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Maroosha Muzaffar10 March 2026 05:30

Trump ally Lindsey Graham questions Saudi Arabia

US senator Lindsey Graham has questioned whether the US should uphold its defence agreement with Saudi Arabia, criticising the kingdom for refusing to join military operations against Iran.

On X, he said that “Americans are dying and the US is spending billions to dislodge the terrorist Iranian regime. Meanwhile, Saudi Arabia seems to be issuing statements and doing things in the background that are marginally helpful”.

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He continued: “Hopefully Gulf Cooperation Council countries will get more involved as this fight is in their backyard.”The post ended with a warning: “If not, consequences will follow.”

Maroosha Muzaffar10 March 2026 05:12

Pakistani warships escorting merchant vessels passing through Middle East

Pakistani warships have started escorting the country’s merchant vessels through the Middle East as regional conflict disrupts oil tanker traffic.

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With the nation heavily dependent on energy imports from the Gulf, the government has introduced broad fuel-saving measures, including closing schools, while the war continues.

On Monday, the country’s navy said that the operation was launched to ensure the country’s energy supplies were not interrupted.

“Pakistan Navy has launched Operation Muhafiz-ul-Bahr to counter multidimensional threats to national shipping and maritime trade. The initiative has been undertaken to ensure the uninterrupted flow of national energy supplies and the security of Sea Lines of Communication,” a spokesperson for Pakistan Navy said in a Facebook post.

Maroosha Muzaffar10 March 2026 05:00

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Trump claims war would go on at least for another week

Donald Trump said on Monday that the war would go on at least for another week, soon after he suggested that the war would end “very soon”.

“We’ve already won in many ways, but we haven’t won enough,” he told a gathering of Republican lawmakers in Florida.

“We go forward more determined than ever to achieve ultimate victory that will end this long-running danger once and for all.”

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Iran, on the other hand, has refuted Trump’s claim that their missiles are declining and instead claimed that its missiles were getting more powerful.

Maroosha Muzaffar10 March 2026 04:50

Body of seventh US service member killed in war arrives at Dover air base

US vice president JD Vance was present as the body of the seventh US service member killed in the war with Iran arrived at Dover Air Force Base on Monday evening.

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Sgt Benjamin N Pennington sustained critical injuries during an attack on Saudi Arabia’s Prince Sultan Air Base and later succumbed to those wounds, officials reported.

Earlier, six American troops were killed in an Iranian drone strike on a base in Kuwait.

Vice president JD Vance, defence secretary Pete Hegseth and chairman of the joint chiefs of staff Gen Dan Caine salute as a US Army carry team moves the transfer case containing the remains of Sgt Benjamin Pennington at Dover Air Force Base, in Delaware
Vice president JD Vance, defence secretary Pete Hegseth and chairman of the joint chiefs of staff Gen Dan Caine salute as a US Army carry team moves the transfer case containing the remains of Sgt Benjamin Pennington at Dover Air Force Base, in Delaware (AP/Julia Demaree Nikhinson)

According to an Iranian official, US and Israeli operations in Iran have resulted in roughly 1,300 fatalities, while Iranian attacks throughout the Middle East have claimed more than 30 lives.

Maroosha Muzaffar10 March 2026 04:37

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Trump again suggests Iran struck elementary school

Donald Trump has again suggested, without evidence, that Iran bombed an elementary school in Minab on 28 February, killing 175 people, including many children.

Video evidence verified by The New York Times shows a Tomahawk missile struck a naval base near the school.

Tomahawks are developed by the United States, and only a few allies possess them; Iran does not have Tomahawks but has its own distinct domestically produced cruise missiles.

A satellite image, annotated by Reuters, shows the Shajareh Tayyebeh girls' school and other structures damaged after being struck, amid the US-Israeli conflict with Iran, in Minab, Hormozgan Province, Iran, 4 March 2026
A satellite image, annotated by Reuters, shows the Shajareh Tayyebeh girls’ school and other structures damaged after being struck, amid the US-Israeli conflict with Iran, in Minab, Hormozgan Province, Iran, 4 March 2026 (Planet Labs PBC)

Earlier, US Senator John Kennedy, a Louisiana Republican, admitted America “made a mistake” when a girls’ school in Iran was bombed.

US military investigators reportedly believe American forces were likely responsible for the strike in Minab late last month.

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Maroosha Muzaffar10 March 2026 04:25

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Oil prices latest: Warning UK uniquely vulnerable as Iran war ‘risks permanent damage to energy markets’

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Oil prices latest: Warning UK uniquely vulnerable as Iran war ‘risks permanent damage to energy markets’

Watchdog urged to clamp down on heating oil costs after 1.7m UK homes hit by soaring bills

The government has been urged to take quick action to help the 1.7 million homes that still use heating oil and have seen prices double due to the US attacks on Iran.

These are often people in rural areas, who have seen prices for their fuel jump in some cases from 62p a litre before the war to perhaps £1.73 now.

Tara Cobham10 March 2026 10:15

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Economist warns Trump may have done permanent damage to oil market with UK in especially weak position

An economist has warned that Donald Trump may have done permanent damage to the global oil market, with the UK especially vulnerable to any consequent inflation.

Mohamed El-Erian, ex-chief economist of the International Monetary Fund, told The Guardian the risk the war causes permanent harm to oil markets is being underestimated.

He said he forecast a 50 per cent chance the conflict could trigger higher inflation and interest rates this year and next.

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And he warned that Britain, having failed to tackle low productivity, a heavily constrained budget and entrenched inequality over the past 10 years, is in a particularly weak position to deal with an economic shock.

He compared the UK’s situation to the US, which has high productivity, and the EU, which has less inequality, suggesting Britain could fare especially badly.

Tara Cobham10 March 2026 09:57

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Pictured: Ministers arrive for cabinet meeting

Deputy leader of the Labour Party Lucy Powell (Reuters)
Health secretary Wes Streeting
Health secretary Wes Streeting (Reuters)
Education secretary Bridget Phillipson
Education secretary Bridget Phillipson (Reuters)
Home secretary Shabana Mahmood
Home secretary Shabana Mahmood (Reuters)

Tara Cobham10 March 2026 09:45

Analysis: As oil prices come up, stock markets head the other way

Business and money editor Karl Matchett reports:

As oil prices come up, stock markets are heading the other way.

The FTSE 100 fell more than 5 per cent last week and started this week in similar fashion, but this morning it’s a sea of green with London’s main index up 1.6 per cent and smaller companies in the FTSE 250 up almost 2 per cent.

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Europe is following suit with France, Spain, Germany and Netherlands all up and that follows Asian markets surging overnight.

The super-volatile Korean Kospi soared 5.35 per cent but has had drops of nearly double that in a day recently; Hong Kong’s Hang Seng, India’s Nifty 50 and Japan’s Nikkei 225 all enjoyed strong sessions too, the latter rising up to 3 per cent.

Later on, US markets are projected to open slightly higher too.

Back in London, the biggest early riser in the FTSE 100 is housebuilder Persimmon, up 10 per cent – but that is not much to do with oil and Iran, more a strong set of results this morning placing it well for a recovery with the property market. Elsewhere, miners and finance firms such as Fresnillo, Antofagasta and Barclays are all up 5 per cent and more.

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Tara Cobham10 March 2026 09:30

Gas prices also plunge this morning

Gas prices have also plunged this morning.

UK wholesale gas prices dropped over 10 per cent to around 123p a therm as soon as trading began, the BBC reports.

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This is far below the high of 171p that was hit on Monday.

Tara Cobham10 March 2026 09:10

EU buying Russian oil would be ‘utterly despicable’ – Ireland’s deputy premier

It would be “utterly despicable” to allow Russia to gain financially by selling oil and gas to Europe, Ireland’s deputy premier has said.

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The European Union has been phasing out its use of Russian gas and oil following the country’s 2022 invasion of Ukraine.

However, Russian President Vladimir Putin has reportedly said his country is willing to work with European customers amid an energy crisis caused by the conflict in the Middle East.

Speaking at a meeting of EU finance ministers in Brussels on Tuesday, Tanaiste Simon Harris said it was important the bloc “remains steadfast” in its view that economic sanctions on Russia are an important tool in trying to end the war on the continent of Europe.

He said: “The idea that Putin and Putin’s Russia would in any way benefit financially from a moment of conflict and pain and trauma in the Gulf region would be utterly despicable.

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“It shows the importance of de-escalating the conflict in the Gulf region, and it also shows the importance of not losing focus on Ukraine and showing solidarity to our friends, to our European friends in Ukraine.”

Mr Harris said a fall in oil prices showed the “volatility” of the situation while the Irish Government keeps its response “under review”

Asked what action he wants the EU to take on energy costs, he said Europe’s energy market has become more diversified than it was in 2022 but added: “I think we still find ourselves far too reliant on other parts of the world when it comes to our energy and certainly this needs to be a sharp reminder and wake-up call about the urgency of moving towards energy independence at a European level.”

It would be ‘utterly despicable’ to allow Russia to gain financially by selling oil and gas to Europe, Ireland’s deputy premier has said
It would be ‘utterly despicable’ to allow Russia to gain financially by selling oil and gas to Europe, Ireland’s deputy premier has said (PA Wire)

Tara Cobham10 March 2026 08:50

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Watch: Rachel Reeves warns US-Iran war likely to cause rise in inflation

Rachel Reeves warns US-Iran war likely to cause rise in inflation

Bryony Gooch10 March 2026 08:30

Analysis: Brent crude oil price drop a moment of relief for the market

Money and Business Editor, Karl Matchett, reports:

The price of Brent crude oil has dropped back close to 9 per cent today – a breath of relief at this stage, more than a full-scale avoiding of a worst-case scenario when it comes to energy bills, inflation and beyond. Most economists and experts have been clear: the peak is less important than prolonged periods of high prices.

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Staying over $100 for weeks on end would be far more damaging to the economy long term than a quick one-day spike above that point and then back down again – if indeed it is now coming back down for the longer haul.

On that note, we’ll wait and see. The drop today back to $90.50 seems to be largely down to Trump saying the conflict could soon be brought to an end but it won’t take too much to the contrary of that message to send prices back up again.

Right now, we’re still $20/barrel above where we were pre-US strikes on Iran, not far off a third higher (29 per cent) in price.

Bryony Gooch10 March 2026 08:16

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Iran’s Revolutionary Guards won’t allow ‘one litre of oil’ shipped from Middle East

Iran’s Revolutionary Guards have said they will not allow “one litre of oil” to be shipped from the Middle East if US and Israeli attacks continue, prompting a warning from president Donald Trump that the US would hit Iran much harder if it blocked exports from the vital energy-producing region.

His comments come after Aramco reported a 12 per cent drop in annual profit mainly due to lower crude prices. It also announced it would repurchase up to $3 billion (£2.22 billion ) worth of shares in its first-ever buyback.

Bryony Gooch10 March 2026 08:12

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Potential energy shocks are ‘vindication’ of government’s economic choices, minister says

Political reporter Athena Stavrou reports:

A government minister has said the government’s choices on the economy “look even more correct” amid concerns the conflict in the Middle East could impact the UK’s economy.

Courts minister Sarah Sackman said the government wants a de-escalation of the conflict in an effort to reduced the “shocks” to the British economy.

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“What we are seeing is a vindication of the choices that we have made as a government to build our resilience and insulate the British economy against these shocks,” she said.

“The choices the chancellor made around protecting the public finances, lowering borrowing costs, all of that puts us in a better position to withstand this.”

Bryony Gooch10 March 2026 08:05

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Everything you need to know as protesters cover building with red paint in Manchester city centre

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Everything you need to know as protesters cover building with red paint in Manchester city centre
Everything you need to know as protesters cover building with red paint in Manchester city centre – Manchester Evening News