US President Donald Trump has warned China of “big problems” if it supplies weapons to Iran, escalating tensions amid fragile US-Iran diplomacy and rising regional security concerns.

Speaking to reporters before leaving the White House for Miami, Trump issued the warning in response to reports suggesting Beijing may be preparing to transfer military equipment to Tehran. “If China does that, China is going to have big problems,” he said, without offering further details.

Trump Warns China Against Helping Iran With Aerial Defence Systems Allegedly

US President Donald Trump on Sunday announced that the United States Navy will begin blocking ships attempting to pass through the Strait of Hormuz, citing Iran’s “unyielding" stance on its nuclear ambitions during recent peace talks in Islamabad.

In a post on Truth Social, Trump said, “Effective immediately, the United States Navy, the Finest in the World, will begin the process of BLOCKADING any and all Ships trying to enter or leave the Strait Of Hormuz."

US President Donald Trump Vows to Block the Strait of Hormuz Against the Existing Blockade by Iran

A Pakistan-brokered two-week ceasefire between the U.S. and Iran is under strain as Tehran issues new demands, including war reparations and U.S. military withdrawal. The truce, agreed on condition that Iran reopen the Strait of Hormuz, is critical for global energy flows but remains fragile amid regional tensions. China’s diplomatic role and potential strategic gains add another layer of complexity to the crisis.


Iran's Retaliatory Strikes Rock Gulf, Expose Security Gaps

Amid failed US-Iran talks in Islamabad, Pakistan, Russian President Vladimir Putin called up his Iranian counterpart Masoud Pezeshkian on Sunday and assessed the Iranian-American talks held in Islamabad on April 11. He also offered to mediate and bring stability and peace to the &nbsp;Middle East that is suffering in the conflict, said Kremlin.&nbsp;"Vladimir Putin emphasised his readiness to further facilitate the search for a political and diplomatic settlement to the conflict, and to mediate efforts to achieve a just and lasting peace in the Middle East," the Kremlin said in its readout of the call.&nbsp;This come after Us and Iran failed to reach to a conclusion to end the war. After the meet ended US Vice President JD Vance said Washington had “not heard a positive Iranian commitment regarding nuclear weapons”.&nbsp;While Iran said US was unable to gain the trust of the Iranian delegation after more than 20 hours of negotiations in the Pakistani capital of Islamabad.&nbsp;Taking to X &nbsp;Iran Parliament Speaker Mohammad Bagher Ghalibaf wrote, “My colleagues raised forward-looking initiatives, but the opposite side ultimately failed to win the trust of the Iranian delegation in this round of negotiations."&nbsp;The Iranian embassy in Ghana also hit it out at US saying, “The US flew their Vice President halfway across the world to Islamabad. 21 hours of talks. They demanded everything they couldn't achieve through war. Iran said a BIG NO. The talks are over. The Strait is still closed. And the VP is flying home empty-handed. Just Iran's word. Again. They don't have any option left to save face.”<h2>Status of Strait of Hormuz will not change</h2>&nbsp;Meanwhile, the status of the Strait of Hormuz, that was one of the major areas of discussion, will remain unchanged until Washington and Tehran shape a common stance for continuing the talks, reported CNN, citing Iranian source. "Iran is in no hurry," said the source adding "the status of the Strait of Hormuz will remain unchanged."&nbsp;He also said that the number of ships that are allowed to pass through the strait will remain the same.&nbsp;"Even the number of ships that had been agreed upon will not be able to pass," said the source to the news outlet.&nbsp;&nbsp;&nbsp;

After the meet ended in Islamabad US Vice President JD Vance said Washington had “not heard a positive Iranian commitment regarding nuclear weapons”.

Amid failed US-Iran talks in Islamabad, Pakistan, Russian President Vladimir Putin called up his Iranian counterpart Masoud Pezeshkian on Sunday and assessed the Iranian-American talks held in Islamabad on April 11. He also offered to mediate and bring stability and peace to the Middle East that is suffering in the conflict, said Kremlin. "Vladimir Putin emphasised his readiness to further facilitate the search for a political and diplomatic settlement to the conflict, and to mediate efforts to achieve a just and lasting peace in the Middle East," the Kremlin said in its readout of the call. This come after Us and Iran failed to reach to a conclusion to end the war. After the meet ended US Vice President JD Vance said Washington had “not heard a positive Iranian commitment regarding nuclear weapons”. While Iran said US was unable to gain the trust of the Iranian delegation after more than 20 hours of negotiations in the Pakistani capital of Islamabad. Taking to X Iran Parliament Speaker Mohammad Bagher Ghalibaf wrote, “My colleagues raised forward-looking initiatives, but the opposite side ultimately failed to win the trust of the Iranian delegation in this round of negotiations." The Iranian embassy in Ghana also hit it out at US saying, “The US flew their Vice President halfway across the world to Islamabad. 21 hours of talks. They demanded everything they couldn't achieve through war. Iran said a BIG NO. The talks are over. The Strait is still closed. And the VP is flying home empty-handed. Just Iran's word. Again. They don't have any option left to save face.” Status of Strait of Hormuz will not change Meanwhile, the status of the Strait of Hormuz, that was one of the major areas of discussion, will remain unchanged until Washington and Tehran shape a common stance for continuing the talks, reported CNN, citing Iranian source. "Iran is in no hurry," said the source adding "the status of the Strait of Hormuz will remain unchanged." He also said that the number of ships that are allowed to pass through the strait will remain the same. "Even the number of ships that had been agreed upon will not be able to pass," said the source to the news outlet.

After the meet ended in Islamabad US Vice President JD Vance said Washington had “not heard a positive Iranian commitment regarding nuclear weapons”.

Amid failed US-Iran negotiation, Putin calls up Tehran, offers to mediate

U.S. Vice President JD Vance has said that talks with Iran ended without an agreement, with Tehran choosing not to accept key U.S. terms. Vance noted that Washington showed flexibility during the negotiations, but major differences—especially over nuclear assurances- remained unresolved. He stressed the need for clear confirmation that Iran will not pursue nuclear weapons, highlighting the core issue that continues to block any breakthrough.


US Vice President JD Vance: No Nuclear Enrichment for Iran Amongst Trump's Key Goals

Oil markets are currently reflecting heightened concern over supply flows. But what are markets betting on in the long-term? Futures prices have shifted into backwardation, a structure where near-term oil prices are higher than future contracts. This typically signals immediate supply tightness or fears of disruption in physical crude availability.


Hormuz Fallout: What Are Oil Futures Predicting? 

Amid a global stock rout linked to the Iran war, prediction markets are under intense scrutiny.
Series of highly specific and well-timed bets are raising serious concerns about potential access to non-public information and insider trading.

Event Contracts Blur Line Between Betting & Trading 

To understand what’s at stake in the Iran conflict, we have to look beyond oil, and into the currency that powers global trade. For decades, the US Dollar has dominated energy markets. But now, with Yuan payments emerging in key routes like the Strait of Hormuz, a gradual shift toward a more multipolar financial world may be underway… Around 80 percent of global oil trade is still settled in dollars, reinforcing its dominance over international commerce.

Dollar Hegemony Faces New Geopolitical Test

U.S. President Donald Trump on ​Saturday posted on social media that the United States ‌military has started to clear the Strait of Hormuz, and that all of Iran's minelaying ships have been sunk.
"We're now starting the ​process of clearing out the Strait of Hormuz," ​Trump wrote in a Truth Social post, adding that "all ⁠28" of Iran's "mine dropper boats are also lying at ​the bottom of the sea".

US-Iran War | Trump: US Initiating The Process of Clearing Strait of Hormuz

Amid the fragile ceasefire in war-torn West Asia, ships are only transiting the Strait of Hormuz at a "tricklish rate", but India has an adequate supply of petrol, diesel, aviation fuel, LPG, said A S Sahney, Chairman, Indian Oil Corporation(IOC). The Government-run IOC is India's largest integrated and diversified energy company, under the ownership of the Ministry of Petroleum and Natural Gas. Following a review meeting in Chennai, Sahney assured adequate availability of fuels and advised the public against hoarding or malpractices owing to panic.Also read | <a href="https://www.wionews.com/world/ghosts-on-the-flight-iran-delegation-travels-aboard-minab-168-tehran-uses-tragic-school-strike-to-set-the-tone-for-islamabad-peace-talks-1775883133513">Ghosts on the flight: Iran delegation travels aboard 'Minab-168'; Tehran uses tragic school strike to set the tone for Islamabad peace talks</a>Highlighting India's actions to ensure energy security during the ongoing 40-day global conflict, Sahney noted that the country has diversified its crude oil procurement by sourcing it from 41 geographies, as opposed to the earlier 25. On LPG, he said that India was procuring it only from one source earlier, which has also been diversified now. However, he did not offer specific details on the nations supplying to India or on the status of shipments from Russia.As far as crude oil is concerned, India's situation is absolutely comfortable; our refining capacity is holding us good. There is no trouble about liquid fuels such as petrol, diesel, aviation fuel, he said, while admitting "certain constraints" with LPG. Domestic LPG cylinder supply, there is no trouble whatsoever, we are supplying 100percent of what is required. All three Government-run Oil Marketing firms(Indian Oil, Bharat Petroleum, Hindustan Petroleum)are delivering all the bookings within a period of 6-8 days, he said, adding that efforts are underway to shorten the delivery time.&nbsp;Also read | <a href="https://www.wionews.com/world/pakistan-s-defence-minister-deletes-cancerous-israel-post-amid-uproar-ahead-of-islamabad-peace-talks-1775793727837">'Cancerous' Israel: Pakistan defence minister deletes anti-Israel post ahead of Islamabad peace talks</a> "Five lakh cylinders is the daily demand in Tamil Nadu, and we are supplying that," he said.To curb hoarding and malpractices, the state government has conducted over 10,000 sudden inspections, while the Government-run Oil Marketing firms have also executed more than 1,500 unannounced raids across Tamil Nadu, leading to strict actions against defaulting distributors, Sahney added.Further, he announced the increase of the commercial LPG quota for Tamil Nadu to 70% of the original levels, effective immediately. On supply to hospitals, messes, and educational institutions, he said that 100percent supply is being provided, while industries are being given 70percent.Queried about the possibility of a fuel rate hike, he said: Our priority is to meet national energy requirements. The Government is focused on ensuring availability, distribution, and affordability.&nbsp;&nbsp;Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, the US, Gulf nations and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos and videos. &nbsp;

As far as crude oil is concerned, India's situation is absolutely comfortable; our refining capacity is holding us good. There is no trouble about liquid fuels such as petrol, diesel, said A S Sahney, Chairman, Indian Oil Corporation, while admitting "certain constraints" with LPG.

Amid the fragile ceasefire in war-torn West Asia, ships are only transiting the Strait of Hormuz at a "tricklish rate", but India has an adequate supply of petrol, diesel, aviation fuel, LPG, said A S Sahney, Chairman, Indian Oil Corporation(IOC). The Government-run IOC is India's largest integrated and diversified energy company, under the ownership of the Ministry of Petroleum and Natural Gas. Following a review meeting in Chennai, Sahney assured adequate availability of fuels and advised the public against hoarding or malpractices owing to panic. Also read | Ghosts on the flight: Iran delegation travels aboard 'Minab-168'; Tehran uses tragic school strike to set the tone for Islamabad peace talks Highlighting India's actions to ensure energy security during the ongoing 40-day global conflict, Sahney noted that the country has diversified its crude oil procurement by sourcing it from 41 geographies, as opposed to the earlier 25. On LPG, he said that India was procuring it only from one source earlier, which has also been diversified now. However, he did not offer specific details on the nations supplying to India or on the status of shipments from Russia. As far as crude oil is concerned, India's situation is absolutely comfortable; our refining capacity is holding us good. There is no trouble about liquid fuels such as petrol, diesel, aviation fuel, he said, while admitting "certain constraints" with LPG. Domestic LPG cylinder supply, there is no trouble whatsoever, we are supplying 100percent of what is required. All three Government-run Oil Marketing firms(Indian Oil, Bharat Petroleum, Hindustan Petroleum)are delivering all the bookings within a period of 6-8 days, he said, adding that efforts are underway to shorten the delivery time. Also read | 'Cancerous' Israel: Pakistan defence minister deletes anti-Israel post ahead of Islamabad peace talks "Five lakh cylinders is the daily demand in Tamil Nadu, and we are supplying that," he said. To curb hoarding and malpractices, the state government has conducted over 10,000 sudden inspections, while the Government-run Oil Marketing firms have also executed more than 1,500 unannounced raids across Tamil Nadu, leading to strict actions against defaulting distributors, Sahney added. Further, he announced the increase of the commercial LPG quota for Tamil Nadu to 70% of the original levels, effective immediately. On supply to hospitals, messes, and educational institutions, he said that 100percent supply is being provided, while industries are being given 70percent. Queried about the possibility of a fuel rate hike, he said: Our priority is to meet national energy requirements. The Government is focused on ensuring availability, distribution, and affordability. Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, the US, Gulf nations and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos and videos.

As far as crude oil is concerned, India's situation is absolutely comfortable; our refining capacity is holding us good. There is no trouble about liquid fuels such as petrol, diesel, said A S Sahney, Chairman, Indian Oil Corporation, while admitting "certain constraints" with LPG.

Ships transiting Hormuz at tricklish rate, but India's fuel supply is adequate: Indian Oil Chairman

A fragile ceasefire may be in place, but traffic through the Strait of Hormuz remains extremely limited and tightly controlled.


Iran-Linked Vessels Dominate Post-Ceasefire Traffic in Hormuz 

The Gulf fallout is forcing a major reset in global shipping routes. With congestion in key waterways and continued disruption around the Strait of Hormuz, companies are being forced to find alternative paths to move goods.


Businesses Pay Premium to Keep Supply Chains Moving

The Iranian delegation flying to Pakistan for peace talks with the United States didn't arrive on just any government aircraft. They came on a plane named "Minab-168," a deliberate reference to the 168 people, most of them young girls, killed when a missile struck the Shajareh Tayyebeh elementary school in the Iranian city of Minab on February 28, day one of the Iran war. The delegations were also accompanied by pictures, and bloodied school bags and other effects of the victims of the Minab strike. Posting a heartbreaking picture of the "reminder," Parliament Speaker Mohammad-Bagher Ghalibaf, who is leading Iran's delegation, wrote on X, "My companions on this flight".

<blockquote class="twitter-tweet">همراهان من در این پرواز<a href="https://twitter.com/hashtag/Minab168?src=hash&amp;ref_src=twsrc%5Etfw">#Minab168</a> <a href="https://t.co/xvXmDlSDiF">pic.twitter.com/xvXmDlSDiF</a>&mdash; محمدباقر قالیباف | MB Ghalibaf (@mb_ghalibaf) <a href="https://twitter.com/mb_ghalibaf/status/2042713505238077480?ref_src=twsrc%5Etfw">April 10, 2026</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Also read | <a href="https://www.wionews.com/world/-lie-lie-lie-iran-uses-inside-out-ai-satire-to-mock-trump-s-evil-impulses-amid-minab-school-strike-and-epstein-files-controversies-watch-1773374313730">'Lie! lie! lie!': Iran uses AI satire video to mock Trump's ‘Inside Out’ evil impulses amid Minab school strike &amp; Epstein files controversies | Watch</a><h2>Minab-168</h2>Iran's state broadcaster IRIB posted photographs from the flight on X with a pointed caption: “Passengers on the Iranian plane, to remind the delegation who they're negotiating for: The massacred Minab school children and their bloodied backpacks.”

<blockquote class="twitter-tweet">Passengers on the Iranian plane, to remind the delegation who they’re negotiating for: The massacred Minab school children and their blooded backpacks <a href="https://t.co/L8jtBqsjYd">pic.twitter.com/L8jtBqsjYd</a>&mdash; IRIB (Islamic Republic of Iran Broadcasting) (@iribnews_irib) <a href="https://twitter.com/iribnews_irib/status/2042790049528369522?ref_src=twsrc%5Etfw">April 11, 2026</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

The Minab school strike became one of the most viscerally painful episodes of the conflict's early phase. Iranian authorities have held US forces responsible for the attack. American military officials have meanwhile suggested that the double tab strike may have been accidental, with Defense Secretary Pete Hegseth confirming an investigation is underway. No findings have been made public.<h2>The symbolism of flight Minab-168</h2>The symbolism of the flight, and the deliberateness of it, sets a particular tone heading into negotiations that both sides have already publicly downplayed. Before boarding the long flight to Pakistan, US Vice President JD Vance, who is heading the American delegation, warned that "if they're going to try to play us, then they're going to find the negotiating team is not that receptive."Also read | <a href="https://www.wionews.com/world/-iran-also-has-tomahawks-trump-confronted-by-reporters-as-he-floats-wild-theory-on-minab-school-strike-contradicts-pentagon-on-missile-use-1773120388711">'Iran also has Tomahawks': Trump confronted by reporters as he floats wild theory on Minab school strike, contradicts Pentagon</a>"If the Iranians are willing to negotiate in good faith, we're certainly willing to extend the open hand," Vance said.Iranian negotiators have signalled that meaningful progress will require broader movement, including a truce in Lebanon, where Israeli military operations are continuing despite the ceasefire. "We have good intentions, but we do not trust," Iranian state TV quoted Ghalibaf as saying upon his arrival in Pakistan's capital. "Our experience in negotiating with the Americans has always been met with failure and broken promises."&nbsp;Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, US, Gulf nations and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos and videos. &nbsp;

Why did Iran name its peace delegation's flight “Minab-168”? With Islamabad peace talks set to begin, Tehrab sends a haunting message tied to one of the deadliest moments of the Iran war.

Is this diplomacy, or a warning before negotiations even start?

Scroll down to read more.

The Iranian delegation flying to Pakistan for peace talks with the United States didn't arrive on just any government aircraft. They came on a plane named "Minab-168," a deliberate reference to the 168 people, most of them young girls, killed when a missile struck the Shajareh Tayyebeh elementary school in the Iranian city of Minab on February 28, day one of the Iran war. The delegations were also accompanied by pictures, and bloodied school bags and other effects of the victims of the Minab strike. Posting a heartbreaking picture of the "reminder," Parliament Speaker Mohammad-Bagher Ghalibaf, who is leading Iran's delegation, wrote on X, "My companions on this flight".

Why did Iran name its peace delegation's flight “Minab-168”? With Islamabad peace talks set to begin, Tehrab sends a haunting message tied to one of the deadliest moments of the Iran war.Is this diplomacy, or a warning before negotiations even start?Scroll down to read more.

Ghosts on the flight: Iran delegation travels aboard 'Minab-168'; Tehran uses tragic school strike to set the tone for Islamabad peace talks

Tensions are rising within the Western alliance as the Iran conflict exposes divisions between the United States and its NATO partners. NATO is facing criticism from Donald Trump, who accused allies of failing to fully support US positions during the crisis. Meanwhile, UK leadership has stressed that NATO remains vital to American interests, even as diplomatic friction grows over the handling of the Gulf and Iran-related tensions.


NATO Under Pressure As Iran War Deepens Rift With US Allies

US President Donald Trump has intensified rhetoric against Iran, claiming that its only remaining leverage is control over the Strait of Hormuz. He accused Tehran of relying on “extortion” tactics as tensions continue to rise over shipping routes and energy security. The remarks come amid ongoing disputes over maritime control, toll proposals, and broader geopolitical negotiations affecting global oil flows and regional stability.


US-Iran Truce Talks: Does Trump Want To Change Hormuz Strait Tolls Alongside Iran? 

Ahead of crucial talks with the United States, Tehran has taken a firm stance, demanding a ceasefire in Lebanon and the release of its blocked assets before negotiations begin. With both sides far apart on key issues, including nuclear policy and regional conflicts, the upcoming discussions face serious uncertainty.


US-Iran Truce Talks: Will Islamabad Talks Bring Israeli-US War On Iran To A Close? 

First lady Melania Trump denies allegations of deeper ties to Jeffrey Epstein and calls for public hearings for survivors. The move has sparked bipartisan responses and brought renewed scrutiny to the Epstein files amid new document releases and political pressure.

Melania's Denial Resurfaces Epstein Case Amid Focus on Iran War

Pakistan is set on Friday to host anticipated negotiations between Iran and the United States on the third day of a ceasefire between the two countries, while Tehran’s participation remains unconfirmed following Israeli airstrikes that killed more than 300 people in Lebanon on Wednesday.

Iranian President Masoud Pezeshkian said on Thursday that these strikes—the most intense since the war reached Lebanon—would render the anticipated negotiations with the United States “meaningless.”

Iranian Spokesperson Esmail Baghaei Says Travel to Islamabad is Under Review Ahead of Talks

U.S. President Donald Trump told the media that he was considering a joint venture with Iran to collect tolls from ships passing through the Strait of Hormuz. This comes even as Iran is still maintaining control over this strategic waterway.


Trump Proposes New Deal: US & Iran to Jointly Collect Hormuz Toll

With no clarity yet over a potential middle ground, all eyes are on the high-stakes U.S-Iran talks likely to commence on Saturday. While U.S. Vice President JD Vance warned Iran not to 'play', Iran's Parliament Speaker Mohammad Ghalibaf issued two pre-conditions for commencing negotiations. Pakistan's role is also under the scanner as it is hosting a high-ranking U.S. official like JD Vance after a gap of 15 years.


JD Vance Warns, Iran Raises Stakes as 'Nervous' Pakistan Hosts Talks

Donald Trump has again attacked NATO for not supporting the US in the Iran war, following a private meeting with its Secretary General Mark Rutte at the White House.

In a post shared to Truth Social after the meeting, the US President said: "NATO WASN'T THERE WHEN WE NEEDED THEM, AND THEY WON'T BE THERE IF WE NEED THEM AGAIN."

NATO Toils to Avoid Becoming Casualty of Iran War

US negotiators intend to request the release of Americans detained in Iran as part of upcoming talks aimed at permanently ending the war, citing people briefed on the plans.


Report: US To Seek Release of Detained Americans in Iran

BREAKING: Tehran Demands US To Ensure Lebanon Truce & Release of Blocked Assets Ahead of Talks

A crucial diplomatic face-off is unfolding as Mohammad Bagher Ghalibaf leads Iran’s delegation and JD Vance heads the US team in high-stakes ceasefire talks. The negotiations come amid deep mistrust, with Ghalibaf accusing Washington of violations and Vance downplaying expectations. With disagreements over Lebanon and nuclear rights, the outcome could shape the future of the fragile truce.


US-Iran Truce Talks: Will Talks in Islamabad Lead to End of War?

Trust in US Security Falters as Gulf Faces Threats; Iran Demands US Military Exit From Gulf

Inflation in the United States surged last month to its highest rate in nearly two years, as rising oil prices triggered by the Iran war and subsequent closure of the Strait of Hormuz are showing their impact on the wider economy.As per the US labour department, consumer prices rose 3.3% over the 12 months to March, picking up from 2.4% in February. That’s the biggest annual increase since May 2024.&nbsp;Prices jumped 0.9% between February and March, with higher gasoline prices accounting for nearly three-quarters of that increase.&nbsp;<h2>Biggest monthly change since 2022</h2>&nbsp;The jump marked the biggest monthly change since 2022, when the world was dealing with an energy shock brought on by Russia’s invasion of Ukraine.Last month’s increase was driven by a surge in fuel prices, as the near-total shutdown of the Strait of Hormuz by Iran sent oil prices soaring, said the report.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/-bjp-will-implement-uniform-civil-code-in-6-months-give-rs-3-000-to-women-amit-shah-unveils-bengal-polls-manifesto-1775823812629">‘BJP will implement Uniform Civil Code in 6 months, give Rs 3,000 to women’: Amit Shah unveils Bengal polls manifesto</a>&nbsp;Gas prices rose 21.2% from February to March, the biggest monthly increase since the government started tracking the figures in 1967.The impact has been particularly visible in states like California, where gas prices were already higher than the rest of the US.On Thursday, the average cost of a gallon of gas in California was $5.93 in contrast to the nationwide average of $4.16, according to the American Automobile Association.&nbsp;<h2>Gas prices surge account for nearly three quarters of inflation rise</h2>&nbsp;The spike in gas prices accounted for nearly three quarters of the rise in inflation from February to March.Besides, prices for airline tickets and clothing also increased over the month due to higher energy prices and the lingering impact of tariffs, as the costs are being passed onto customers.Though food prices remained unchanged, they may rise ahead once the impact of higher transportation and fertiliser costs starts to create an impact.&nbsp;Also Read: <a href="https://www.wionews.com/world/-fed-up-starmer-says-trump-and-putin-s-actions-pushing-up-energy-bills-for-britons-1775818986703">‘Fed up’ Starmer says Trump and Putin’s actions pushing up energy bills for Britons</a>&nbsp;Besides oil, the Strait of Hormuz is a critical passage for commodities like fertiliser, aluminium, and helium.Though the US-Iran talks have raised hopes of the crucial waterway’s reopening, it may take time for energy supplies to normalise. Oil prices have dropped from highs but are still significantly higher than before the war.&nbsp;Although inflation is nowhere near the four-decade high it reached in 2022, following Russia’s invasion of Ukraine, progress on stabilizing prices fizzled out last year, partly as a result of President Trump’s tariffs. The wartime jump in energy prices has pushed inflation even higher.

Though the US-Iran talks have raised hopes of the crucial waterway’s reopening, it may take time for energy supplies to normalise. Oil prices have dropped but are still significantly higher. Besides oil, the Strait of Hormuz is a critical passage for fertiliser, aluminium, and helium.

Inflation in the United States surged last month to its highest rate in nearly two years, as rising oil prices triggered by the Iran war and subsequent closure of the Strait of Hormuz are showing their impact on the wider economy. As per the US labour department, consumer prices rose 3.3% over the 12 months to March, picking up from 2.4% in February. That’s the biggest annual increase since May 2024. Prices jumped 0.9% between February and March, with higher gasoline prices accounting for nearly three-quarters of that increase. Biggest monthly change since 2022 The jump marked the biggest monthly change since 2022, when the world was dealing with an energy shock brought on by Russia’s invasion of Ukraine. Last month’s increase was driven by a surge in fuel prices, as the near-total shutdown of the Strait of Hormuz by Iran sent oil prices soaring, said the report. Also Read: ‘BJP will implement Uniform Civil Code in 6 months, give Rs 3,000 to women’: Amit Shah unveils Bengal polls manifesto Gas prices rose 21.2% from February to March, the biggest monthly increase since the government started tracking the figures in 1967. The impact has been particularly visible in states like California, where gas prices were already higher than the rest of the US. On Thursday, the average cost of a gallon of gas in California was $5.93 in contrast to the nationwide average of $4.16, according to the American Automobile Association. Gas prices surge account for nearly three quarters of inflation rise The spike in gas prices accounted for nearly three quarters of the rise in inflation from February to March. Besides, prices for airline tickets and clothing also increased over the month due to higher energy prices and the lingering impact of tariffs, as the costs are being passed onto customers. Though food prices remained unchanged, they may rise ahead once the impact of higher transportation and fertiliser costs starts to create an impact. Also Read: ‘Fed up’ Starmer says Trump and Putin’s actions pushing up energy bills for Britons Besides oil, the Strait of Hormuz is a critical passage for commodities like fertiliser, aluminium, and helium. Though the US-Iran talks have raised hopes of the crucial waterway’s reopening, it may take time for energy supplies to normalise. Oil prices have dropped from highs but are still significantly higher than before the war. Although inflation is nowhere near the four-decade high it reached in 2022, following Russia’s invasion of Ukraine, progress on stabilizing prices fizzled out last year, partly as a result of President Trump’s tariffs. The wartime jump in energy prices has pushed inflation even higher.

Though the US-Iran talks have raised hopes of the crucial waterway’s reopening, it may take time for energy supplies to normalise. Oil prices have dropped but are still significantly higher. Besides oil, the Strait of Hormuz is a critical passage for fertiliser, aluminum, and helium.

US inflation surges to near two-year high as energy prices spike 12%

Mumbai’s fishing industry is feeling the heat of the Iran war as soaring fuel prices make daily operations unaffordable. Boats are staying docked, catches are falling, and livelihoods are under pressure. Diesel costs have surged sharply, turning fishing trips into loss-making ventures.


Mumbai's Fishing Industry Hit by Soaring Fuel Prices

The Iran war is reigniting debate over the future of the global financial order. As tensions disrupt oil flows and shake confidence, questions are being raised about the dominance of the US dollar in energy trade. Some countries are increasingly exploring alternatives like the Chinese yuan for oil settlements. While the dollar remains dominant, experts say these shifts signal a slow but notable move toward de-dollarisation.


Petrodollar Under Pressure? Iran War Fuels Rise Of Petroyuan Debate

In a rare display of frustration, the United Kingdom Prime Minister Keir Starmer, who seldom calls out Donald Trump directly in public, has linked the US president with Russia’s President Vladimir Putin and said that the actions of the two leaders are pushing up energy bills for Britons. Starmer said he is “fed up” seeing energy bills in the UK swing up and down because of actions taken by Trump and Putin.The comments came as oil prices, which had dipped sharply after the two-week ceasefire and talks announcement, started fluctuating after comments of Iranian leaders on nuclear enrichment provisions and Israeli attacks continuing on Iran-backed Hezbollah in Lebanon.&nbsp;Starmer also said that Israel was “wrong” to order deadly strikes on Lebanon after the ceasefire announcement.&nbsp;Also Read: <a href="https://www.wionews.com/world/-no-payment-whatsoever-eu-pans-hormuz-toll-idea-trump-gives-europe-ultimatum-over-military-pledges-in-strait-1775766265515">‘No payment whatsoever’: EU pans Hormuz toll idea; Trump gives Europe ultimatum over military pledges in strait</a>&nbsp;“I’m fed up with the fact that families across the country see their bills go up and down on energy, businesses’ bills go up and down on energy, because of the actions of Putin or Trump across the world,” Starmer said in an interview with ITV News.Russia invaded Ukraine in February 2022, setting off a war that is still continuing and has resulted in hundreds of thousands of deaths and roiled the global economy.&nbsp;<h2>White House defends Trump’s actions</h2>&nbsp;Meanwhile, White House spokeswoman Anna Kelly defended Trump’s actions.“Many world leaders have spent decades talking about the threat posed by Iran, but doing nothing about it,” she said by email. “President Trump took courageous action to ensure Iran can never possess a nuclear weapon, and as he said, we are far along with a definitive agreement to deliver lasting peace.”Pointing to the Lebanon strikes, Iran has accused the US of violating the terms of the ceasefire.&nbsp;Also Read: <a href="https://www.wionews.com/world/iran-s-supreme-leader-mojtaba-khamenei-vows-revenge-for-father-s-assassination-1775761848139">Iran’s Supreme Leader Mojtaba Khamenei vows revenge for father’s assassination, claims Iranian ‘victory’ in conflict</a>&nbsp;Starmer, who is on a trip to the Middle East, is facing tricky local elections likely to be dominated by cost-of-living concerns back home. The impact of the crisis on the UK economy was “clear to see,” he added.The US-Israeli war with Iran led to the closure of the Strait of Hormuz by Tehran, badly squeezing supplies and causing a sharp increase in oil prices. Starmer has tried to position Britain at the centre of a coalition of countries helping to reopen the strait.&nbsp;&nbsp;Also Read: <a href="https://www.wionews.com/world/netanyahu-says-israel-will-hold-direct-talks-with-lebanon-for-disarming-hezbollah-improving-ties-1775756095084">Netanyahu says Israel will hold direct talks with Lebanon for disarming Hezbollah, improving ties</a>&nbsp;<h2>‘It was not the language I would use,’ says Starmer on Trump’s remark</h2>&nbsp;The British PM had refused to give the US permission to use British bases for offensive strikes and has been targeted by Trump several times since.Responding to a query on Trump’s threat that “a whole civilization will die” if Iran did not reopen the strait, Starmer said, “It was not the language I would use,” and said he is guided by British values.&nbsp;lso Read: <a href="https://www.wionews.com/world/did-pakistan-create-lebanon-confusion-in-ceasefire-deal-iran-speaker-cites-shehbaz-tweet-1775746861281">Did Pakistan create Lebanon confusion in ceasefire deal? Iran speaker cites Shehbaz tweet</a>&nbsp;On the recent Israeli strikes on Lebanon, Starmer said, “It’s hard to say that there is a breach when we haven’t all got access to all the details of the ceasefire. But let me be really clear about it. They are wrong. That shouldn’t be happening. That should stop.”

PM Keir Starmer, who is on a trip to the Middle East, is facing tricky local elections back home that are likely to be dominated by cost-of-living concerns. He had refused to give the US permission to use British bases for offensive strikes and has been targeted by Trump several times since.

In a rare display of frustration, the United Kingdom Prime Minister Keir Starmer, who seldom calls out Donald Trump directly in public, has linked the US president with Russia’s President Vladimir Putin and said that the actions of the two leaders are pushing up energy bills for Britons. Starmer said he is “fed up” seeing energy bills in the UK swing up and down because of actions taken by Trump and Putin. The comments came as oil prices, which had dipped sharply after the two-week ceasefire and talks announcement, started fluctuating after comments of Iranian leaders on nuclear enrichment provisions and Israeli attacks continuing on Iran-backed Hezbollah in Lebanon. Starmer also said that Israel was “wrong” to order deadly strikes on Lebanon after the ceasefire announcement. Also Read: ‘No payment whatsoever’: EU pans Hormuz toll idea; Trump gives Europe ultimatum over military pledges in strait “I’m fed up with the fact that families across the country see their bills go up and down on energy, businesses’ bills go up and down on energy, because of the actions of Putin or Trump across the world,” Starmer said in an interview with ITV News. Russia invaded Ukraine in February 2022, setting off a war that is still continuing and has resulted in hundreds of thousands of deaths and roiled the global economy. White House defends Trump’s actions Meanwhile, White House spokeswoman Anna Kelly defended Trump’s actions. “Many world leaders have spent decades talking about the threat posed by Iran, but doing nothing about it,” she said by email. “President Trump took courageous action to ensure Iran can never possess a nuclear weapon, and as he said, we are far along with a definitive agreement to deliver lasting peace.” Pointing to the Lebanon strikes, Iran has accused the US of violating the terms of the ceasefire. Also Read: Iran’s Supreme Leader Mojtaba Khamenei vows revenge for father’s assassination, claims Iranian ‘victory’ in conflict Starmer, who is on a trip to the Middle East, is facing tricky local elections likely to be dominated by cost-of-living concerns back home. The impact of the crisis on the UK economy was “clear to see,” he added. The US-Israeli war with Iran led to the closure of the Strait of Hormuz by Tehran, badly squeezing supplies and causing a sharp increase in oil prices. Starmer has tried to position Britain at the centre of a coalition of countries helping to reopen the strait. Also Read: Netanyahu says Israel will hold direct talks with Lebanon for disarming Hezbollah, improving ties ‘It was not the language I would use,’ says Starmer on Trump’s remark The British PM had refused to give the US permission to use British bases for offensive strikes and has been targeted by Trump several times since. Responding to a query on Trump’s threat that “a whole civilization will die” if Iran did not reopen the strait, Starmer said, “It was not the language I would use,” and said he is guided by British values. lso Read: Did Pakistan create Lebanon confusion in ceasefire deal? Iran speaker cites Shehbaz tweet On the recent Israeli strikes on Lebanon, Starmer said, “It’s hard to say that there is a breach when we haven’t all got access to all the details of the ceasefire. But let me be really clear about it. They are wrong. That shouldn’t be happening. That should stop.”

PM Keir Starmer, who is on a trip to the Middle East, is facing tricky local elections back home that are likely to be dominated by cost-of-living concerns. He had refused to give the US permission to use British bases for offensive strikes and has been targeted by Trump several times since.

‘Fed up’ Starmer says Trump and Putin’s actions pushing up energy bills for Britons

U.S. President Donald Trump has accused Iran of doing a “very poor job” of allowing oil shipments through the Strait of Hormuz. He said Tehran was not honoring the agreement to keep the vital waterway open after the recent ceasefire.


US-Iran War: Trump Warns Iran Against Hormuz Toll, But Open To 'Joint Venture'

High-stakes peace negotiations between the United States and Iran are set to begin in Islamabad, with U.S. Vice President JD Vance leading the American delegation. The talks aim to stabilize the fragile ceasefire and explore a pathway toward a longer-term agreement after weeks of escalation across West Asia. Key issues expected to be discussed include maritime security in the Strait of Hormuz, ceasefire compliance, and broader regional tensions, as both sides attempt to prevent a return to conflict.


US-Iran War: Pakistan Prepares To Host High-Stakes US-Iran Peace Talks

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