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Iran-Israel war: Trump voices frustration with allies as Iran war, strait closure push fuel prices higher

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Dubai: President Donald Trump expressed frustration on Tuesday with allies who have been unwilling to do more to support the US war effort, telling them to “go get your own oil” as the conflict with Iran and its closure of the Strait of Hormuz sent average US gas prices past USD 4 a gallon.The social media post came after US strikes hit the central city of Isfahan, sending a massive fireball into the sky, and Tehran attacked a fully loaded Kuwaiti oil tanker in the Persian Gulf.The attacks showed the intensity of the war more than a month after the US and Israel launched it. The conflict has left more than 3,000 dead and caused major disruptions to the world’s supply of oil and natural gas, roiling global markets.Trump, who has vacillated between insisting there is progress in diplomatic talks with Iran and threatening to widen the war, had earlier shared footage of the attack on Isfahan. The city is home to one of three nuclear enrichment sites attacked by the US during a previous war last June, and analysts believe much of Iran’s highly enriched uranium is likely stored there.In a separate development, supporters of Iran’s imprisoned Nobel Peace Prize laureate Narges Mohammadi said she may have suffered a heart attack.The campaign for her release, citing fellow inmates, said she was found unconscious with her eyes rolled back last week. Mohammadi has a heart condition and suffered multiple heart attacks while imprisoned before undergoing emergency surgery in 2022, her supporters say. The campaign said she was in evident ill health during a visit by lawyers and a family member on Sunday. APIran hits oil tanker in waters off DubaiMarch 31, 2026 11:02 pmDubai: An Iranian drone hit a Kuwaiti oil tanker off the United Arab Emirates city of Dubai, sparking a blaze that was later put out, the Dubai Media Office said. Authorities said no oil spill resulted. Four people were wounded by debris from an intercepted drone in Dubai, air raid sirens sounded in Bahrain, while Saudi Arabia said it intercepted three ballistic missiles launched towards its capital. Loud explosions were also heard in Israel not long after the military warned of an incoming missile barrage from Iran. In Iran, authorities say more than 1,900 people have been killed, while 19 have been reported dead in Israel. Two dozen people have died in the Gulf states and the occupied West Bank. In Lebanon, officials said more than 1,200 people have been killed, and more than 1 million displaced. Ten Israeli soldiers have died in Lebanon, including the four announced on Tuesday, while 13 US service members have been killed. APWaves of strikes on Iran and LebanonMarch 31, 2026 10:51 pmDubai: Israel and the US launched a wave of strikes on Iran, hitting Tehran in the early morning. The Israeli military said it had launched strikes targeting what it described as Hezbollah infrastructure in the Lebanese capital, Beirut. Defence Minister Israel Katz said Israel plans to control the area south of the Litani river – some 20 miles north of the border. Israel invaded southern Lebanon after Hezbollah began launching missiles into northern Israel days after the outbreak of the wider war. Many Lebanese fear another prolonged military occupation. APAllies have refused to get involvedMarch 31, 2026 10:49 pmDubai: France has allowed the US Air Force to use the Istres base in southern France because it had guarantees that planes landing there would not be involved in carrying out strikes. Spain, which has emerged as Europe’s loudest critic of the war, said on Monday that it had closed its airspace for US planes involved in the conflict. Italy recently refused to allow US military assets to use the Sigonella air base in Sicily for an operation linked to the offensive, an official with knowledge of the matter said, confirming a local press report. The denial was issued a few days ago. Italy’s Defence Minister Guido Crosetto wrote on X that Italy is still allowing the US to use its bases, adding that there has been no cooling of relations between the two countries. APThe war is rattling marketsMarch 31, 2026 10:40 pmDubai: Iran’s stranglehold on the Strait of Hormuz, the waterway leading out of the Persian Gulf through which a fifth of the world’s oil is transported during peacetime, has driven up global oil prices, as have Tehran’s attacks on regional energy infrastructure. That has shaken stock markets around the world and pushed up the cost of many basic goods. Spot prices of Brent crude, the international standard, hovered around USD 107 a barrel on Tuesday, up more than 45 per cent since the war started on February 28. Trump directed blame at US allies like the United Kingdom and France, which have refused to enter a war with no clear endgame that they were not consulted on. “You’ll have to start learning how to fight for yourself. The USA won’t be there to help you anymore, just like you weren’t there for us. Iran has been, essentially, decimated. The hard part is done. Go get your own oil!” Trump wrote. He singled out France for not letting planes fly over French territory while taking military supplies to Israel, saying Paris has been “VERY UNHELPFUL,” and that “The USA. will REMEMBER!!!” APChina, Pak propose peace plan for West Asia, call for ‘immediate’ end to hostilitiesMarch 31, 2026 9:07 pmBeijing: China and Pakistan on Tuesday put forward a five-point peace proposal to end the West Asia war, including a call for safe passage of ships through the Strait of Hormuz. The peace proposal was put forward after Chinese Foreign Minister Wang Yi held talks on the Iran situation with visiting Pakistani Deputy Prime Minister and Foreign Minister Ishaq Dar. Dar arrived here to brief Wang about his recent talks with the foreign ministers of Turkiye, Egypt and Saudi Arabia to promote talks between the US and Iran to end the ongoing conflict. After Dar-Wang talks, the two countries put forward five proposals on restoring peace and stability in the Gulf region and West Asia, as well as safe passage through the Strait. The proposals are the immediate cessation of hostilities, initiation of peace talks as soon as possible, ensuring the safety of non-military targets and safety of navigation, and safeguarding the primacy of the UN Charter. PTITrump says nations upset by high fuel prices should ‘go get your own oil’March 31, 2026 5:12 pmDubai: US President Donald Trump on Tuesday said nations upset by high fuel prices should “go get your own oil” as Iran maintains its chokehold on the Strait of Hormuz. Trump expressed his frustration towards allies that have been unwilling to help the US reopen the critical passageway in a social media post. “Go get your own oil,” Trump wrote. He also said they should buy from the US because “we have plenty”. His comments in a social media post on Tuesday came as average US gas prices shot past USD 4 a gallon. APChina says three of its ships crossed Strait of Hormuz; thanks ‘relevant parties’March 31, 2026 5:07 pmBeijing: China on Tuesday said three of its ships carrying oil supplies have passed through the Strait of Hormuz and thanked “relevant parties” for facilitation and coordination. “After coordination with relevant parties, three Chinese ships recently transited the Strait of Hormuz. We express appreciation for the assistance of relevant parties,” Chinese Foreign Ministry spokesperson Mao Ning told a media briefing here without naming Iran, which is currently controlling the movement of oil shipments from the Gulf crossing the Strait. Iran is demanding international recognition of its sovereignty over the Strait of Hormuz. The Strait of Hormuz and waters nearby are an important route for international goods and energy trade. China calls for an immediate end to hostilities to restore peace and stability in the Gulf, Mao said. This is the first time China, a large importer of Iranian oil for years despite US sanctions, spoke of its ships crossing the Strait of Hormuz amid reports that Iran is permitting the Chinese ships to cross the Strait in view of the close strategic ties. PTIGas prices soar past USD 4 for gallon of regular in US, highest since 2022March 31, 2026 1:27 pmUS gas prices jumped past an average of USD 4 a gallon for the first time since 2022 as fuel prices continue to soar worldwide amid the Iran war.European shares on track to snap 8-month winning streak as Mideast conflict weighsMarch 31, 2026 1:25 pmEuropean stocks inched up on Tuesday as investors drew some comfort from hopes of de-escalation in the Middle East war, but the benchmark index was still set for its sharpest monthly decline since 2020 amid supply-chain disruptions.3 Chinese ships pass through Strait of Hormuz, says Chinese ministryMarch 31, 2026 1:22 pmThree Chinese ships have recently passed through the Strait of Hormuz and China appreciates the assistance provided by the relevant parties, a spokesperson for the Chinese foreign ministry said on Tuesday.Pakistani foreign minister to discuss Iran during China visitMarch 31, 2026 12:49 pmChina’s foreign minister and his Pakistani counterpart will discuss the situation in Iran during the latter’s visit to China on Tuesday, China’s foreign ministry said. The two countries have similar positions on major international and regional issues, a spokesperson for the ministry said in a press briefing.Peacekeepers killed in Lebanon as Israel battles HezbollahMarch 31, 2026 12:47 pmThe UN Security Council planned to convene an emergency session Tuesday after officials said three peacekeepers in southern Lebanon had been killed in less than 24 hours.Eyes on Kharg Island as more US assault troops head to regionMarch 31, 2026 12:47 pmTrump has said this week that “great progress is being made” in talks with Iran to end military operations. But he said if a deal is not reached “shortly,” and if the Strait of Hormuz is not immediately reopened, the US would broaden its offensive by “completely obliterating” power plants, oil wells, Kharg Island and possibly even desalination plants.The US has also sent a contingent of 2,500 Marines to the region, and another is on its way, while ordering 1,000 paratroopers to the theatre as well. Trump has openly talked about the possibility of trying to seize Kharg Island, Iran’s main oil export hub, and Iran has accused the US of using diplomacy to stall until more troops can be brought in.Israel, US launch new wave of strikes on IranMarch 31, 2026 12:46 pmIsrael and the US launched a new wave of strikes on Iran, hitting Tehran in the early morning hours.Iranian launches new attacks on Gulf neighbours and hits oil tanker in Dubai watersMarch 31, 2026 12:44 pmSpot prices of Brent crude, the international standard, hovered around USD 107 a barrel in early trading, up more than 45% since the war started Feb 28 when the US and Israel attacked Iran.Sri Lanka raises electricity tariffs, issues strict energy conserving guidelinesMarch 31, 2026 12:38 pmSri Lanka has decided to increase electricity prices with effect from April 1, the power authorities said.Bonds under water, dollar is kingMarch 31, 2026 10:46 amThe threat of inflation has led investors to ramp up expectations for rate hikes across major central banks this year, which in turn hammered bonds. The Federal Reserve is now expected to keep rates on hold this year, compared with more than 50 basis points worth of easing priced in prior to the start of the war.Brent crude set for record monthly gain; shares tentative as Iran war ragesMarch 31, 2026 10:45 amOil prices were set for a record monthly rise on Tuesday while Asian shares were headed for their steepest fall in six years, capping a tumultuous month as the war in the Middle East stoked fears of higher inflation and slower growth.China, Hong Kong stocks set for worst month in over 2 years on Middle East unrestMarch 31, 2026 10:40 amChina and Hong Kong stocks extended losses on Tuesday and were on track for their worst monthly loss since the beginning of 2024, as positive manufacturing data failed to offset investor caution over the Middle East conflict.Oil, war top financial markets worry list for an uncertain 2nd quarterMarch 31, 2026 10:37 amBattered financial markets enter the second quarter significantly exposed to war headlines, a backdrop that could prompt a bigger retreat for equity markets while a hefty selloff in bonds could tempt buyers back. Even if a resolution to the conflict boosts near-term sentiment, damage inflicted on Middle East energy infrastructure and higher for longer oil prices will still hurt economic growth and drive up inflation, investors expect.New Trump threat to oblierate Iran energy, oil plantsMarch 31, 2026 10:34 amSoon after Baghaei’s remarks, Trump said the U.S. was in talks with a “more reasonable regime” to end the war in Iran, but also issued a new warning over the Strait of Hormuz.Troops deploy as talks continueMarch 31, 2026 8:34 amAttacks by both sides is showing no signs of easing, with fears of a wider conflict growing.

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