Business
Will the ADF be Drawn into a Middle Eastern Ground War in 2026?
MELBOURNE — As geopolitical fault lines deepen across the Persian Gulf, a haunting question has returned to the corridors of Parliament House in Canberra: Is Australia prepared for another protracted conflict in the Middle East?

With the 2026 security landscape defined by a volatile “tit-for-tat” cycle between Washington and Tehran, the Australian Defence Force (ADF) finds itself at a strategic crossroads. While the federal government maintains a policy of “calculated restraint,” military analysts and regional experts warn that the threshold for Australian involvement is shifting from “if” to “how.”
The ANZUS Factor: A Century of Commitment
The bedrock of Australia’s military involvement remains the ANZUS Treaty. Historically, Australia has been the only ally to join the United States in every major conflict of the last century. However, 2026 is not 2003.
Unlike the lead-up to the Iraq War, the current Australian government faces a more skeptical public and a Defense Force currently undergoing a massive “Pivot to the North.” Under the 2024 National Defence Strategy, the ADF has been restructured to prioritize the Indo-Pacific—specifically the maritime approaches to Australia’s north—rather than desert warfare in the Levant.
“The appetite for a ground war is at an all-time low,” says Dr. Elena Vance, a senior fellow at the Australian Strategic Policy Institute (ASPI). “But the pressure to support our primary sovereign ally, the United States, in maintaining the ‘rules-based order’ remains the gravity that pulls our foreign policy.”
Chokepoints and Coalitions: The Maritime Trigger
If Australia is drawn in, it likely won’t start with boots on the ground, but with hulls in the water. The Strait of Hormuz, a narrow waterway through which 20% of the world’s petroleum passes, is the most probable “tripwire.”
In early 2026, Iranian-backed “swarm” tactics involving unmanned surface vessels (USVs) have increasingly harassed commercial shipping. For Australia, this isn’t just a distant military concern—it is an economic one. Australia’s national fuel reserve remains famously thin, often cited at less than 30 days of commercial supply. A total blockage of the Strait would send Sydney and Melbourne petrol prices soaring toward $3.50 per liter within a fortnight.
Historically, Australia has contributed a Hobart-class destroyer or a Anzac-class frigate to international maritime security operations in the Gulf. In 2026, the ADF’s contribution would likely be focused on Project Sea 1905, utilizing autonomous mine-countermeasure systems to keep trade lanes open without risking high-value manned assets.
The Ground War Dilemma: Special Forces vs. Infantry
The term “Ground War” in 2026 looks vastly different than the invasions of the past. If the U.S. requests Australian assistance in a conflict with Iran, military planners suggest the ADF would offer a “niche and scalable” force rather than a brigade-strength infantry deployment.
1. The SASR and Commando Role
Australia’s Special Air Service Regiment (SASR) and the 2nd Commando Regiment remain the “preferred” contribution for Canberra. Their role would likely focus on:
- CSAR (Combat Search and Rescue): Retrieving downed Allied pilots.
- Target Acquisition: Identifying mobile missile launchers in the Iranian interior.
- Advisory Roles: Working with regional partners like the UAE or Saudi Arabia.
2. The Cyber and Space Front
For the first time in an Australian conflict, the Joint Capabilities Group would lead. Iranian state-sponsored actors have already demonstrated the ability to target “soft” infrastructure. A 2026 conflict would see the ADF’s cyber-warriors engaged in defensive operations to protect Australian banks and power grids from retaliatory strikes—a “ground war” fought in servers rather than trenches.
The China Constraint: Why 2026 is Different
The most significant deterrent to an Australian ground presence in the Middle East is the “Two-Front” nightmare.
Department of Defence officials are acutely aware that any significant depletion of ADF resources in the Middle East creates a “strategic vacuum” in the South China Sea. Beijing’s increasing assertiveness near the Second Thomas Shoal and the Taiwan Strait means Australia’s premium assets—such as the F-35A Lightning II fleet and the new Hunter-class frigates—are required closer to home.
“Every soldier we send to the Gulf is a soldier we don’t have for the Pacific,” notes a retired ADF Brigadier, speaking on condition of anonymity. “In 2026, the Middle East is a distraction we can ill-afford, yet a catastrophe we cannot ignore.”
Public Sentiment and the “Cost of Living” Conflict
Domestic politics will play a decisive role. Unlike the 1990s, the 2026 Australian public is hyper-aware of the correlation between Middle Eastern stability and the cost of living.
A recent poll suggests that while 65% of Australians oppose “combat troop” deployment, nearly 55% support “defensive naval action” to protect fuel prices. The government’s challenge will be threading the needle: supporting the U.S. enough to maintain the alliance, but not so much that it triggers a domestic backlash during an election year.
Conclusion: A Support Role, Not a Lead Role
As it stands in March 2026, the likelihood of a massive ADF ground deployment to Iran or its neighbors is low. However, the probability of “Integrated Support”—comprising maritime patrol, cyber defense, and elite special forces—is at its highest point in a decade.
Australia’s role will be that of a “Force Multiplier.” By providing specialized high-tech capabilities, Canberra can fulfill its ANZUS obligations while keeping the bulk of its conventional forces stationed in the Indo-Pacific.
The “War of 2026” may not be defined by the number of boots on the ground, but by the number of bits in the cloud and drones in the strait. For the ADF, the mission is no longer just about winning a battle; it’s about managing a global ripple effect that threatens the Australian way of life.
Business
DHT: BW Overhang Almost Gone, Q2 Dividend Could Top 20%
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BlackRock CEO Fink says Trump Accounts could boost savings
Most U.S. voters say they support government-funded savings accounts for children as Americans struggle to build retirement security, according to Nick Nefouse, global head of retirement solutions at BlackRock.
BlackRock CEO Larry Fink said in his annual chairman’s letter that Trump Accounts could provide a “very significant” boost in jump-starting savings and investment by younger Americans.
Fink noted that Americans are struggling to save money for emergencies in addition to funding retirement plans, and explained that early wealth-building accounts for newborn children can help them start life on a solid financial footing.
He said that experiments in Canada, the U.K. and Singapore have shown evidence that these accounts are a good investment, making it more likely account holders obtain advanced degrees, start a business and own a home.
“Now the United States is adopting a form of this policy with Trump Accounts,” Fink wrote, saying that Trump Accounts created by last year’s One Big Beautiful Bill Act can be funded in a variety of ways.
HERE’S HOW MUCH TRUMP ACCOUNT BALANCES COULD GROW OVER TIME

BlackRock CEO Larry Fink said that Trump Accounts could turn into a “very significant” savings vehicle for young Americans. (Paul Morigi/Getty Images)
“There is some nuance in how these accounts are funded. In some cases, it’s a pilot program funded by the government, which would need to be renewed,” Fink wrote.
“Funding can also come through personal contributions, or through certain employer match programs, such as the one we have at BlackRock for our employees. In other cases, the money comes from private funders.”
“We’ll see how these accounts evolve, but if they are structured thoughtfully, and paired with existing investment vehicles for education and retirement (like 529 and 401(k) plans), this could be a very significant step toward more young Americans growing with their country,” Fink added.
IRS UNVEILS PROPOSED REGULATIONS FOR NEW TRUMP ACCOUNTS SAVINGS PROGRAM

President Donald Trump and his administration have touted Trump Accounts as a way to boost the financial futures of young Americans. (Valerie Plesch/Bloomberg via Getty Images)
Several companies, including BlackRock, Bank of America and JPMorgan Chase, among others, have announced plans to contribute to Trump Accounts for their U.S. employees’ children.
Those companies will match the federal government’s $1,000 contribution, while other firms have planned different contribution levels.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| BLK | BLACKROCK INC. | 976.06 | +1.48 | +0.15% |
Wealthy Americans have also made philanthropic contributions to the government to provide seed money for the accounts.
For example, Michael and Susan Dell have committed $6.25 billion to seed 25 million accounts with $250 each, with the contributions expected to reach the accounts of most children aged 10 and under who were born prior to the qualifying date for the federal contribution.
TRUMP UNVEILS RETIREMENT PLAN WITH UP TO $1K FEDERAL MATCH

Michael Dell (L), CEO of Dell Technologies and his wife Susan (2nd-L) speak during an announcement of a $6.25 billion donation from the Dell family to Trump Accounts, in the Roosevelt Room of the White House in Washington, D.C. on Dec. 2, 2025. (Andrew Caballero-Reynolds/ AFP/Getty Images)
Trump Accounts will be invested in a broad index fund of U.S. stocks, much like the low-cost funds available in many retirement plans, and will be in the child’s name with their parents or guardian serving as the custodian of the account until they turn 18.
At that time, the funds can be used at the young adult’s discretion for things like educational expenses, starting a business, a down payment on a home, saving for retirement or a rainy day fund.
Parents may contribute up to $5,000 per year to the accounts, while a parent’s employer can contribute up to $2,500 per year without impacting the employee’s taxable income.
Children born between Jan. 1, 2025, and Dec. 31, 2028, will receive $1,000 in seed funding from the federal government in addition to any other contributions. Trump Accounts are also available to children born before Jan. 1, 2025, who are under the age of 18 – although they won’t receive the $1,000 federal government.
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The accounts are expected to officially launch on July 4, 2026. Parents may enroll their child in the program by making an election when they file their taxes on the new IRS Form 4547.
Business
Nomura Mid Cap Income Opportunities Fund Q4 2025 Commentary
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Agree Realty Won’t Disappoint You, But It’s Also Not A Buy (NYSE:ADC)
I’m Cash Flow Venue and I’ve been investing for years trying to build my dividend portfolio. I like dividends doing the work for me, but I also have a separate growth portfolio.I’m an M&A Advisor, which means that I advise people and businesses on selling (but sometimes buying) their businesses.I usually work on some financial models, due dilligence, and negotiations. Oh, yes – and I have to attend too many meetings 🙂 Wha’ts my industry focus? I invest in technology, real estate, software, finance, and consumer staples. I’ve spent years advising clients from these industries. That’s why I pay the closest attention to these sectors when investing and writing.I started writing on Seeking Alpha to learn and share ideas. Dividend investing has played a big role in my financial journey. I believe it’s one of the simplest and most accessible ways to work toward financial freedom. By sharing what I learn, I hope to make the process feel less complicated for anyone building long-term wealth. In the end, the goal is simple: move closer to financial freedom through dividend investing.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of ADC, O, PINE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
The information, opinions, and thoughts included in this article do not constitute an investment recommendation or any form of investment advice.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
UK teenagers to trial social media bans and digital curfews
The study will recruit 4,000 students aged 12 to 15 from ten Bradford secondary schools and seek to assess the impact of having less access to social media – particularly on areas of their wellbeing such as sleep, anxiety levels, social interactions, as well as absence and bullying in schools.
Business
Serina Therapeutics CSO Moreadith sells $18,567 in stock

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Thais Urged to Evacuate From the Middle East Amid Tensions
Thai authorities urge nationals in the Middle East to evacuate due to rising tensions. Citizens should stay alert, register with embassies, and prepare for possible evacuation amid ongoing instability.
Key Points
- Thai authorities are advising nationals in the Middle East to evacuate due to rising tensions, with officials closely monitoring the situation. Citizens are urged to stay alert, maintain contact with Thai embassies, and prepare for possible evacuation.
- Despite a temporary pause in military strikes between the U.S. and Iran, conditions remain unstable. Thai nationals should register their locations with embassies and be ready to leave on short notice.
- The ministry confirms ongoing assistance for citizens, including the repatriation of Thai workers’ remains by March 26. Some workers have safely arrived in Turkey, while concerns persist about maritime safety in the region. Authorities urge adherence to safety measures and official guidance as conditions evolve.
Thai authorities are urging nationals in the Middle East to evacuate amid volatile tensions in the region, with Panidone Pachimsawat, acting director-general of the Department of Information and deputy spokesperson of the Ministry of Foreign Affairs, confirming ongoing monitoring of the situation. Citizens in affected areas have been advised to stay alert, remain in close contact with Thai embassies, and prepare for possible evacuation.
Although recent discussions between the United States and Iran have led to a temporary five-day pause in military strikes, officials warn that conditions remain unstable. Thai nationals are encouraged to monitor developments, register their locations with their embassies, and be ready to depart on short notice if necessary.
The ministry also reported progress in assisting Thai citizens in the region. The remains of Thai workers who lost their lives in Israel are scheduled to be returned to Thailand by March 26. Meanwhile, four Thai workers have arrived safely in Turkey, with another group of eight individuals, including seven students and one worker, expected to travel from Iran to Turkey.
Authorities have also raised concerns about maritime safety for commercial shipping in the region, as risks persist. The Thai government is coordinating support for affected citizens and continues to advise strict adherence to safety measures and official guidance as the situation develops.
Source : Thais Urged to Evacuate From the Middle East Amid Tensions
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