The ongoing crisis in West Asia sent shock waves through Global markets as well it is pushing oil prices to new heights and leaving investors on the edge. The evolving situation is complex with geopolitical in intricacies extending beyond the immediate parties involved JP Morgan notes that the conflict has disrupted US broker negotiations concerning Saudi-Israel relations. 


Israel-Iran War: West Asia Crisis Fuels Oil Price Surge And Market Uncertainty 

Saudi Arabia’s air defences intercepted and shot down two drones over the kingdom’s Eastern Region, authorities said. The drones were detected entering Saudi airspace before being successfully neutralised by defence systems. Officials are investigating the origin and purpose of the drones as regional tensions remain high amid the ongoing conflict in West Asia.


Saudi Arabia Intercepts & Downs 2 Drones | Drones Shot Down in Eastern Region 

Amid the escalating US-Iran war, Tehran has ruled out negotiations with Washington, saying talks are no longer possible after recent military strikes. Iran’s Foreign Minister Abbas Araghchi said the United States attacked Iran despite progress in earlier negotiations, calling it a “bitter experience.” Tehran insists it sees no reason to return to the negotiating table while under attack, warning that its armed forces are fully prepared for further escalation.


US-Iran War: Iran Rejects Negotiations with the US; Says US Attacked Despite Progress in Talks

Pakistan has announced fuel-saving austerity measures as global oil prices surge amid rising geopolitical tensions. The government has ordered steps to cut fuel consumption, including reduced working hours for some sectors and stricter energy-saving policies. Officials say the move aims to ease pressure on Pakistan’s fragile economy and manage rising import costs. 


Pakistan Orders Fuel-Saving Austerity As Oil Prices Surge 

Amid the escalating US-Israel war with Iran, the United States Central Command (CENTCOM) has said Iranian missile launchers cannot hide from American forces. U.S. military officials claim their campaign is systematically detecting and destroying Iran’s mobile missile systems to reduce threats to regional bases and allies.


US-Israel War With Iran | Centcom: Iran Can't Hide Missile Launchers from US Forces 

Authorities responded on Sunday to reports of gunfire at pop star Rihanna’s Beverly Hills residence. According to the Los Angeles Police Department, a woman fired multiple shots from a vehicle across the street, with at least ten rounds discharged.
Rihanna was home at the time, but no injuries were reported. Police detained a 30-year-old female suspect at the scene, and an investigation is ongoing. Witnesses captured video showing the dramatic scene, with authorities arriving shortly after the shots were fired.

Rihanna house attack: ten shots fired at Rihanna’s Beverly hills residence, suspect detained 

Amid the escalating US-Israel war with Iran, Washington and Moscow held their first high-level phone call since December. U.S. President Donald Trump spoke with Russian President Vladimir Putin for about an hour to discuss the widening conflict in West Asia and the global impact of the war.


US-Israel War with Iran: First Call Between Washington & Moscow Since December 

Amid the escalating Israel-Iran war, Iranian President Masoud Pezeshkian held talks with Turkish President Recep Tayyip Erdogan after a missile was intercepted near Turkish airspace. The leaders discussed rising regional tensions and the need to avoid further escalation.


Israel-Iran War: Pezeshkian Talks with Erdogan After Missile Interception

The India-Japan joint military exercise Dharma Guardian 2026 has successfully concluded, strengthening defence cooperation between the two countries. The exercise focused on counter-terrorism operations, tactical coordination and interoperability between the Indian Army and the Japan Ground Self-Defense Force. 


India-Japan Joint Exercise Dharma Guardian 2026 Culminates 

Indonesia has agreed to procure BrahMos supersonic cruise missiles from India, marking a major boost to defence ties between the two nations. The deal is part of Jakarta’s efforts to modernise its military and strengthen maritime and coastal defence capabilities. Developed jointly by India and Russia, the BrahMos missile is known for its supersonic speed and precision strike capability.


Indonesia to Buy Brahmos Missiles from India Amid Defence Boost 

U.S. President Donald Trump said the war with Iran could end soon, claiming U.S. and Israeli military operations have achieved key objectives in the campaign.

Speaking at a press conference, Trump said the conflict is “going to be ended soon,” while warning Tehran that any renewed escalation would trigger even stronger retaliation.

The remarks come as fighting continues across West Asia, with Iranian missile and drone strikes targeting Israel and several Gulf states amid the widening regional conflict.

US-Israel Strike Iran | Trump: Iran War Will End Soon | WION

Activists staged a rally on International Women’s Day demanding a fresh investigation into Zorro Ranch, the New Mexico property linked to Jeffrey Epstein. Protesters called for greater transparency and accountability in the ongoing Epstein case, urging authorities to examine activities that allegedly took place at the ranch.

The demonstration highlighted demands from campaigners and survivors’ advocates for deeper scrutiny of Epstein’s network and properties associated with the late financier.

Epstein Files: Women’s Day Rally Demands Probe of Zorro Ranch | WION

Iranian strikes have reportedly destroyed a key U.S. radar linked to the Terminal High Altitude Area Defense (THAAD) missile shield during the ongoing Iran war. The radar, valued at around $300 million, was located at Muwaffaq Salti Air Base in Jordan and played a critical role in tracking ballistic missiles and guiding interceptors.

Iran Strikes Back: Iran Destroys Key US THAAD Radar, Targets American Air-Defence Network | WION

U.S. President Donald Trump said the war with Iran could end soon, expressing confidence that the campaign is progressing faster than expected. Trump told reporters the conflict would be “over very soon” as U.S. and Israeli forces continue strikes targeting Iranian military infrastructure.

Iran’s Islamic Revolutionary Guard Corps (IRGC) pushed back against those claims, saying Tehran will determine how and when the war ends. Iranian officials have warned that the conflict could escalate further if attacks on Iran continue.

US-Iran War: Trump Says Iran War Will End Soon; IRGC Vows to Decide War’s End | WION

Russian President Vladimir Putin held a phone call with U.S. President Donald Trump to discuss the ongoing Iran war and wider global issues. The Kremlin said the conversation lasted about one hour and was described as “frank and businesslike.”

According to Kremlin foreign policy aide Yuri Ushakov, Putin shared several proposals aimed at reaching a quick political and diplomatic settlement to the conflict. The two leaders also exchanged views on the situation in Ukraine and developments in Venezuela.

The discussion also touched on the global oil market as tensions in West Asia continue to disrupt energy supplies and drive volatility in crude prices.

US-Iran War: Russia's Putin Shares Proposals With Trump to End Iran War in One-Hour Call | WION

Iran has reportedly launched its Kheibar ballistic missile targeting Israel’s northern port city of Haifa, as the Israel-Iran war intensifies. The strike triggered air raid sirens and explosions in the strategic port region, raising fears of further escalation across West Asia.


Israel-Iran War: Iran's Kheibar Missile Smashes Israel's Haifa Port City

China’s Foreign Minister Wang Yi has called on all sides involved in the US-Israel conflict with Iran to return to dialogue and negotiations to prevent further escalation in West Asia. Beijing urged an immediate halt to military operations, warning that continued strikes could push the region into deeper instability.


US-Israel In War with Iran: Wang Yi Urges Warring Parties to Get Back to Negotiating Table

The ongoing US-Israel war with Iran is expected to trigger a surge in global arms trade as countries across West Asia rush to strengthen their defence systems. Rising regional tensions and fears of missile and drone attacks are pushing Gulf nations to invest heavily in air defence, fighter jets and advanced weapon systems.


US-Israel War with Iran: Arms Trade Likely to Surge Due to Conflict in West Asia 

Pakistan’s Prime Minister Shehbaz Sharif has ordered a two-week closure of schools and announced sweeping austerity measures as soaring global oil prices strain the country’s economy. Islamabad says the Iran war has sharply increased energy import costs for the import-dependent nation.

The government will cut fuel use across departments, move public offices to a four-day workweek and reduce staff presence to limit commuting and energy consumption. Officials also said fuel allowances for government vehicles would be reduced and many official vehicles taken off the roads.
Authorities warned that rising crude prices and disruptions to global energy flows could put further pressure on Pakistan’s economy, prompting emergency steps to conserve fuel and reduce public spending.


US-Iran War: Pakistan Orders School Shutdown, Austerity as Iran War Drives Oil Crisis | WION

U.S. President Donald Trump said he spoke with Australian Prime Minister Anthony Albanese about the fate of Iranian women footballers seeking protection in Australia. The development comes after Iranian state media labelled some players “traitors” for refusing to sing the national anthem during a Women’s Asian Cup match.

Five members of Iran’s women’s national football team reportedly left their hotel and sought refuge amid fears they could face punishment if they returned to Iran. Authorities in Australia are said to be providing protection while the situation is being assessed.

Trump said Australia was “taking care” of the players and urged that they should not be forced to return, warning they could face serious consequences at home. The incident has drawn international attention and raised concerns among human rights groups and football organisations.

US-Iran War: Trump Speaks With Albanese as Iran Brands Footballers ‘Traitors’ Over Anthem Protest

Iran’s Islamic Revolutionary Guard Corps (IRGC) has warned Gulf states to expect oil prices to surge toward $200 per barrel if attacks against Iran do not stop. The warning comes as tensions across the Gulf continue to escalate amid the ongoing war.

Iran Strikes Back: IRGC Warns Gulf States of $200 Oil if Attacks Continue | WION

A powerful 6.1 magnitude earthquake struck off the coast of Italy, according to seismic monitoring agencies. The tremor was felt in several coastal areas, prompting authorities to monitor the situation closely.

Italy: 6.1 Magnitude Earthquake Strikes Off the Coast of Italy | WION Breaking

A human rights group has accused Israel of firing white phosphorus over parts of Lebanon, raising concerns about the use of incendiary weapons in populated areas. Rights organisations say the substance was used during recent strikes, prompting calls for investigation into potential violations of international humanitarian law.

White phosphorus can create intense fires and thick smoke when exposed to oxygen. Its use in civilian areas has long been controversial due to the risk of severe burns and widespread damage. Israeli authorities have not publicly confirmed the allegations. The claims come amid continued cross-border tensions between Israel and armed groups operating from Lebanon

US-Iran War: Israel Accused of White Phosphorus Attack in Lebanon, Rights Group Raises Alarm | WION

Activists staged a rally on International Women’s Day demanding a fresh investigation into Zorro Ranch, the New Mexico property linked to Jeffrey Epstein. Protesters called for greater transparency and accountability in the ongoing Epstein case, urging authorities to examine activities that allegedly took place at the ranch.

The demonstration highlighted demands from campaigners and survivors’ advocates for deeper scrutiny of Epstein’s network and properties associated with the late financier.


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