Escalate

• Asian stock markets retreated from recent record peaks as escalating Middle East tensions revived concerns over crude oil supply disruptions and energy price stability. • The geopolitical escalation triggered steep losses in oil markets, reversing earlier gains and creating volatility across regional equity indices. • Rising energy supply concerns underscore the fragility of the recent market rally despite strong AI sector performance, with investors reassessing risk exposure to conflict-affected regions.

• President Trump warned Iran on Wednesday of 'higher level' military strikes if it refuses a peace deal, while deeming direct talks in Pakistan 'too soon' amid reported negotiation progress to end the war. • The U.S. paused the brief Project Freedom mission to guide ships through the Strait of Hormuz after Iranian attacks on vessels and U.S. Gulf allies resumed, marking the first in nearly a month. • Secretary of State Marco Rubio accused Iran of holding the global economy hostage by threatening ships, laying sea mines, and imposing tolls on the vital waterway, calling the upcoming U.N. resolution a key test.

• President Trump's Project Freedom initiative launched Monday with U.S. military operations to guide stranded ships through the Strait of Hormuz, with Trump reporting U.S. forces struck seven Iranian boats during the operation. • The military action represents a significant escalation in Middle East tensions as the U.S. Navy intervened to escort vessels through contested waterways controlled by Iranian forces. • The operation marks the implementation of Trump's declared strategy to secure maritime passage and demonstrate U.S. military commitment to protecting commercial shipping in the Persian Gulf region.

A spate of attacks against civilians and military bases in Colombia's southwestern region has raised security concerns as the country heads to a May presidential election.(Image credit: Santiago Saldarriaga)

• The European Union announced new provisional tariffs on Chinese electric vehicle batteries and solar components Monday, citing unfair state subsidies and predatory pricing that undercut European manufacturers. • Beijing warned the tariffs violate World Trade Organization rules and threatened retaliatory measures on European agricultural imports, escalating trade friction between the two economic blocs. • U.S. officials expressed support for the EU's move, viewing it as necessary protection for clean energy industries while signaling potential alignment on China trade policy.

• The United Nations has issued an urgent warning that Haiti faces a full-scale humanitarian catastrophe as gang violence has displaced over 300,000 people in the past two months alone. • The UN Office for the Coordination of Humanitarian Affairs reports critical shortages of food, water, and medical supplies; gang-controlled areas now cover approximately 60% of Port-au-Prince. • The US has deployed additional Coast Guard vessels to monitor the situation and assist with refugee operations, while discussions continue about potential military intervention or expanded peacekeeping measures.

• The Trump administration will require all 50 states to explain their plans to revalidate Medicaid providers as part of a national escalation of anti-fraud efforts, announced by Dr. Mehmet Oz on Tuesday. • This marks a significant expansion from previous anti-fraud initiatives that have largely focused on specific states rather than a nationwide mandate. • The move aims to strengthen program integrity and reduce fraudulent claims across the Medicaid system.

• The People's Liberation Army conducted live-fire exercises in the Taiwan Strait on April 17, with Chinese warships and fighter jets operating within 50 nautical miles of Taiwan's territorial waters—a proximity not seen since 2020. • Taiwan's defense ministry scrambled fighter jets in response and confirmed the U.S. Navy carrier USS Ronald Reagan transited the strait early on April 18, marking the second transit in four weeks. • U.S. Indo-Pacific Command stated the transit "demonstrates the United States' commitment to freedom of navigation and a rules-based international order," prompting a sharp rebuke from Beijing's Foreign Ministry.

Lebanese health ministry says killing of 91 healthcare workers shows ‘total disregard’ for international lawMiddle East crisis – live updatesWhen they received the call to respond to an Israeli airstrike in the city of Mayfadoun, in southern Lebanon, most of the paramedics held back, having previously seen colleagues killed by double-tap attacks targeting rescuers. But the medics from the Islamic Health Association (IHA) rushed to the scene.By the time the other emergency workers arrived at the site, they found the IHA medics had indeed been caught in a second strike. They started evacuating their wounded colleagues, only for their ambulances to be hit in two further attacks. Continue reading...

• Tensions between Indonesia and the Philippines intensified on April 12 after Chinese vessels were detected near disputed maritime zones, prompting both Southeast Asian nations to deploy coast guard vessels to assert territorial claims. • The Philippines' coast guard reported being rammed by a Chinese maritime militia vessel, resulting in minor damage but heightening concerns over freedom of navigation in the strategically vital waterway. • US Indo-Pacific Command warned that escalating incidents risk regional conflict and called for adherence to international maritime law, with Secretary of State advocating for strengthened ASEAN unity in responding to Chinese expansion.

• Russia launched a major barrage of cruise and hypersonic missiles targeting Ukrainian power plants and industrial facilities on April 12, damaging critical energy infrastructure across multiple regions. • Ukrainian air defense systems intercepted approximately 60% of the incoming missiles, but strikes on Kharkiv and Dnipro left thousands without electricity and damaged a major steel production facility. • The escalation comes as Russian forces advance in eastern Ukraine, with military analysts warning the campaign aims to weaken Ukraine's ability to sustain military operations through summer.

• A US fighter jet was shot down over Iranian airspace, marking a significant escalation in military confrontations amid ongoing US-Iran hostilities that began on February 28, 2026. • The incident occurred as tensions remain high following the killing of Iranian Supreme Leader Ali Khamenei and subsequent Iranian retaliatory strikes against Israel and US bases across the region. • The downing of the aircraft raises concerns about potential further military escalations and complicates ongoing ceasefire negotiations between US and Iranian delegations.

• NATO members approved a €4.2 billion additional military assistance package for Ukraine on April 10, including air defense systems, ammunition, and electronic warfare equipment to counter Russian offensives. • Russian forces intensified bombardment across the Donbas region this week, launching over 850 artillery strikes daily and deploying newly mobilized forces toward Pokrovsk, a key Ukrainian logistics hub 50 kilometers from the front. • NATO Secretary-General emphasized the aid reflects alliance commitment to Ukraine's defense, with additional commitments expected at the NATO summit scheduled for June 2026 in Madrid.

Warnings that US could attack civilian infrastructure draws questions whether it is legally plausible for UK to still claim self-defence• Donald Trump says ‘a whole civilisation will die’ if Iran ignores demandsIn Downing Street, Keir Starmer has been at pains to emphasise that he will only authorise the use of UK bases by the US for “defensive” strikes on Iranian military targets. In the White House, Donald Trump has threatened to bomb civilian infrastructure – and said on Monday that he was “not at all” worried about committing war crimes.So far in the war, Starmer’s position has allowed him to present the UK as a responsible actor concerned for regional security – but not a direct participant in the conflict on the US side. Continue reading...

• Oil prices surged as geopolitical tensions related to the Iran war intensified, with the Strait of Hormuz blockade causing the largest global oil supply disruption since the 1970s energy crisis. • The US dollar strengthened amid escalating geopolitical risk, reflecting investor flight to safe-haven assets as financial markets react to the conflict's economic impact on energy supplies and global trade.

• A US fighter jet was shot down over Iranian territory on April 3, 2026, intensifying the US-Israeli war on Iran that began with airstrikes on February 28 targeting nuclear sites and leadership. • The incident prompted immediate retaliatory concerns, with Bitcoin prices wavering amid rising geopolitical risk premiums affecting crypto markets globally. • Iran's closure of the Strait of Hormuz has triggered the largest oil supply disruption since the 1970s, spiking energy prices and impacting US economy.

• Russian forces launched a coordinated offensive across multiple sectors of the Ukraine-Russia border on Wednesday, deploying additional mechanized units and intensifying artillery bombardment in the Donetsk and Luhansk regions. • Ukrainian military sources report significant casualties on both sides, with Russia concentrating forces near Pokrovsk and attempting to break through defensive lines established by Ukrainian forces. • The escalation comes amid ongoing Western military aid debates and signals Moscow's commitment to maintaining momentum despite previous setbacks and NATO reinforcements in Eastern Europe.

• Tensions between the United States and Turkey reached new levels on Wednesday following Turkish military incursions into northeastern Syria targeting Kurdish militant groups, operations the US opposes due to potential civilian casualties and disruption to counter-terrorism efforts. • US Secretary of State issued a formal statement urging Turkey to exercise restraint, while Turkish officials countered by questioning US commitment to NATO and threatening to restrict American military access to Incirlik Air Base absent policy changes. • The dispute reflects broader disagreements over Syria strategy, regional stability priorities, and the role of Kurdish armed groups in counter-ISIS operations, complicating US military logistics and diplomatic coordination in the Eastern Mediterranean.

Union says there has been ‘far too little progress’ in talks over pay and career developmentUK politics live – latest updatesSenior doctors in England are to be balloted over the prospect of strikes, the British Medical Association has announced.The union said that simultaneous ballots of consultants and specialist, associate specialist, and speciality (SAS) doctors would run from 11 May to 6 July as both sets of medics escalate their disputes with the government. Continue reading...

• The Pentagon is considering deploying up to 10,000 additional troops to the Middle East beyond the 1,500 already mobilized from the 82nd Airborne Division, according to a senior U.S. defense official. • U.S. Central Command reported striking more than 8,000 targets, including over 130 Iranian naval vessels, while Israel confirmed dropping more than 15,000 munitions as part of coordinated Operation Epic Fury and Operation Roaring Lion campaigns launched on February 28. • U.S. Secretary of State Marco Rubio stated on March 27 that Washington expects the operation against Iran to conclude "within weeks, not months" and that the U.S. can meet all objectives without using ground troops.

Mayor of Hartford has fired a white police officer who fatally shot a Black man in a mental health crisis nine timesSign up for the Breaking News US email to get newsletter alerts in your inboxA white Connecticut police officer who fatally shot a Black man 30 seconds after arriving at the scene, where three fellow officers had spent several minutes trying to de-escalate the situation, was fired Friday.Arunan Arulampalam, Hartford’s mayor, said in a statement that he terminated Officer Joseph Magnano effective immediately in connection with the 27 February shooting of Steven Jones, who was on a city street holding a knife. The killing came eight days after a different Hartford officer fatally shot another man in a mental health crisis. Continue reading...

• White House Press Secretary Karoline Leavitt stated on March 25, 2026, that President Trump will hit Iran harder if Tehran does not accept military defeat. • The US is closely tracking efforts to secure oil tanker passage through the Strait of Hormuz amid Iranian threats. • This escalation threat underscores Trump's strategy to force Iran into capitulation, potentially prolonging the conflict without regime change.

• The United Arab Emirates reported heavy explosions in Dubai early Friday as its air defenses intercepted incoming Iranian fire over the city. • Kuwait reported two oil refineries on fire and Saudi Arabia disclosed that its Samre refinery came under attack, indicating Iran's widening campaign against Gulf energy infrastructure. • The attacks represent Iran's strategic effort to target regional economic assets and disrupt global energy supplies as the conflict escalates beyond direct military engagements.

Regime will do whatever it takes to cling on to power – including sacrificing economies of other Gulf statesMiddle East crisis – live updatesBrinkmanship, the ability to take a country to the edge of war without plunging it into the abyss, was the cornerstone of cold war diplomacy. But in our different, more unstable times – in which the line between state and non-state actors has blurred, and weapons of war have diffused – the world this week finally tipped over the edge, and suddenly it is in freefall.The first six days of the Iran war cost the US $12.7bn (£9.5bn), but now the Pentagon is seeking as much as $200bn in military funding. Oil at $125 a barrel is no longer an Iranian, or Russian, fantasy. The crown jewel of Qatar, Ras Laffan – the world’s largest liquefied natural gas plant – may not reopen fully for five years, at a cost of $20bn a year. Other combustible oil depots in the Gulf, from Bahrain to Abu Dhabi, are exposed to Iran’s low-cost drones. Then add the human cost of 18,000 civilians injured and more than 3,000 killed in Iran alone. Continue reading...

• The Trump administration announced plans to halt billions in federal Medicaid payments to California, Florida, Maine, and New York, following similar actions against Minnesota involving over $2 billion in withheld funds and $260 million clawed back. • Officials cited alleged Medicaid fraud as the basis for these unprecedented measures, potentially creating a national playbook for pressuring states over program spending. • This escalation impacts public health insurance jointly funded by states and federal government, raising concerns about access for low-income Americans amid ongoing political tensions.

• Wall Street experienced a sharp selloff on Wednesday, March 19, 2026, driven by intensifying geopolitical conflicts between the U.S.-Israel force and Iran, sending major indices to their lowest closes of the year. • The Dow Jones Industrial Average fell 1.6% or 768.11 points to 46,225.15, with 28 of 30 components declining; the S&P 500 dropped 1.4% to 6,624.70; and the Nasdaq Composite slid 1.5% or 327.11 points to 22,152.42. • The CBOE Volatility Index (VIX) surged 12.2% to 25.09, reflecting elevated market fear and uncertainty about Middle East implications for the U.S. economy.

• As the Iran war enters its 17th day, President Trump is pressuring NATO allies and other nations to send warships to the Strait of Hormuz to secure the critical oil route, warning that the United States cannot do it alone. • Trump stated "We'll protect them and if ever needed help, they won't be there for us," signaling frustration with allied hesitancy while claiming numerous countries are on their way to assist despite limited public commitments. • Military analysts suggest a four-week campaign would be required to remove missiles, drones, fast attack craft, and mines from the strategic waterway, with Trump's administration reportedly reaching out to Australia, Japan, South Korea, the UK, France, and China with minimal success in securing open support.

• A rocket attack struck Baghdad International Airport on Sunday, which houses a US diplomatic facility, wounding five people according to Iraqi authorities. • The attack represents continued escalation in regional tensions amid the broader US-Israeli conflict with Iran. • The incident underscores the expanding scope of the Middle East crisis beyond direct US-Iran military engagement into broader attacks on US diplomatic and military infrastructure in Iraq.