News

Crude oil rockets past $100 as markets lose hope for a quick resolution in Iran  NPR

New video suggests US strike near Iran girls' school, report says New video footage appears to show a US Tomahawk missile striking a facility in Minab, Iran, on 28 February, according to the open-source investigative group Bellingcat. The footage, released by Iran’s Mehr News and geolocated by Bellingcat, is said to provide the first visual evidence that US forces hit the area. The video also shows smoke rising from the vicinity of a nearby girls’ school where 175 people were reportedly killed, including children. The footage contradicts US President Donald Trump’s earlier claim that an Iranian missile was responsible for the strike on the school. A video released by Mehr News, and geolocated by Bellingcat, shows the missile hitting a building near the school. This image shows a comparison between the Tomahawk missile that hit near the school and Tomahawk missiles flying over Tehran earlier in the conflict. pic.twitter.com/wv0MekFJpR March 8, 2026

CNBC Daily Open: Oil surges past $100 per barrel as Iran war rages  CNBC

Seventh American dies from war with Iran  NBC News

US defence chief says Iran will have 'no choice but to surrender' US Defence Secretary Pete Hegseth said Iran will eventually have no option but to surrender as the conflict continues. Speaking to CBS News, Hegseth said Washington is determined to ensure that Iran never develops nuclear weapons and is prepared to go as far as necessary to achieve that goal. Hegseth said US military operations against Iran are proceeding according to plan and warned that further losses could occur as the war continues. He described the campaign as an asymmetrical conflict, adding that the combined air power of the United States and Israel is the strongest in the world.

Iran attacks Israel in first missile wave after Mojtaba Khamenei appointment Iran launched a new wave of missiles toward Israel on Monday following the appointment of Ayatollah Mojtaba Khamenei as the country’s new supreme leader, according to Iranian state media. State broadcaster IRIB said the missiles were fired as part of what it described as the “30th wave of Operation True Promise 4". Iran’s Revolutionary Guard said the attacks targeted US bases in the region and Israeli sites in the north of the country. In Israel, emergency services said a woman was slightly injured after debris from an intercepted missile fell in the central city of Rishon LeZion, APF news agency reported.

Gas prices skyrocket in California amid Iran war  CBS News

Vietnam to remove fuel tariffs amid supply disruption due to Iran war  Reuters

Israel-Iran war LIVE: Bahrain's state oil company declares force majeure on its shipments after Iran attack  The Hindu

Israel-Iran war LIVE: Iran fires first missiles at Israel after choosing Mojtaba Khamenei as next supreme leader  The Hindu

Defense Secretary Pete Hegseth says Iran will have no choice but to surrender, "whether they know it or not"  CBS News

Iraq oil production collapses, Strait of Hormuz blocked  CommBank

Who is Mojtaba Khamenei, Iran's new supreme leader?  ABC News

The United States has begun a large military exercise with South Korea involving thousands of troops while also waging an escalating war in the Middle East

Saudi Arabia says drone heading for Aramco-operated oilfield intercepted Saudi Arabia’s Defence Ministry said its air defences intercepted and destroyed a drone over the Rub al-Khali desert that was heading toward the Shaybah oilfield. The facility, operated by Saudi Aramco, has the capacity to produce about 1 million barrels of crude oil per day. The interception came hours after the ministry said it had foiled ballistic missile attacks targeting Prince Sultan Air Base and drone attacks aimed at Riyadh. Officials said at least two people have been killed in Saudi Arabia amid the ongoing Iranian counterattacks.

Iran President: Mojtaba Khamenei appointment marks new era  Iranian President Masoud Pezeshkian welcomed the appointment of Mojtaba Khamenei as the country’s new supreme leader, calling it the start of a “new era of dignity and strength” for Iran. In a statement reported by the Fars news agency, Pezeshkian said the decision by the Assembly of Experts reflected the will of the Iranian people and strengthened national unity. Iran’s armed forces, the Islamic Revolutionary Guard Corps and several senior officials have also pledged allegiance to the new leader. Among them were parliament speaker Mohammed-Bagher Qalibaf and former parliamentary speaker Ali Larijani.

US-Israel war in Gulf threatens desalination plants vital to region  Muslim Network TV

Oil soars past $100 a barrel amid Iran war  Al Jazeera

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Crude oil prices surge more than 20 percent as sprawling regional conflict threatens global energy supplies.