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Trump says Iran's new leaders 'very reasonable'
Donald Trump has said the US and Iran have been meeting “directly and indirectly” and that Iran’s new leaders have been “very reasonable”.
More US troops have arrived in the Middle East, meanwhile, and Tehran warned it would not accept humiliation.
Trump’s remarks on Sunday came after Pakistan – which is acting as an intermediary between Tehran and Washington – said it was preparing to host “meaningful talks” in the coming days aimed at ending the month-long Iran war.
Reuters reports the US president as telling reporters aboard Air Force One on Sunday:
I think we’ll make a deal with them, I’m pretty sure, but it’s possible we won’t.
Trump said he thought the US had already accomplished regime change in Iran after strikes killed the country’s supreme leader and other top officials, but said twice that their replacements seemed “reasonable”.
An initial Israeli strike on 28 February killed Iran’s supreme leader, Ayatollah Ali Khamenei, who was replaced by his son Mojtaba.
Pakistani foreign minister Ishaq Dar said talks between regional foreign ministers on Sunday covered ways to bring an early end to the war, and potential US-Iran talks in Islamabad.
It was not clear whether the US and Iran had agreed to attend.
Islamabad is attempting high-wire diplomacy between US and Iran – but Israel could spoil any chance of success, writes Saeed Shah in Islamabad. His analysis is here:
The Egyptian government is seeking ways to conserve oil-powered electricity during the US-Israel war with Iran, enacting at least one policy that threatens Cairo’s identity as a city that never sleeps.
The government imposed new nationwide closing times at the weekend for stores, restaurants and cafes, ordering them to shut early and interfering with their ability to operate during critical hours.
The decision is one of a series of measures the government has taken in recent weeks to mitigate the fallout of the energy crisis, which has shaken the Middle East and the global economy.
Egypt is not a party to the widening conflict but the country is one of the most impacted by the war’s far-reaching repercussions, including higher oil prices and disrupted shipping routes.
The early closures will have dire repercussions on hundreds of thousands of small businesses found on almost every street, alley and lane across the country. Some of them – including many eateries, juice shops and cafes – usually operate nonstop.
Trump considering mission to extract uranium from Iran – report
Donald Trump is weighing a military operation to extract nearly 1,000 pounds (454kg) of uranium from Iran, the Wall Street Journal is reporting, citing unnamed US officials.
The mission would likely put American forces inside the country for days or longer, the report says.
It quotes the officials as saying the US president hadn’t made a decision on whether to go ahead, and that he was considering the danger to US troops.
But the president remains generally open to the idea, according to the officials, because it could help accomplish his central goal of preventing Iran from ever making a nuclear weapon.
The report could not be independently verified.
White House press secretary Karoline Leavitt said any Pentagon preparations “does not mean the president has made a decision”, the WSJ report said. The Pentagon did not comment and a spokesperson for US Central Command declined to comment.
Trump told reporters on Sunday night that Iran must do what the US demands or “they’re not going to have a country”, the report said. Referring to Iran’s uranium, he said: “They’re going to give us the nuclear dust.”
What is the real significance of Yemen’s Houthis making their long-awaited entry into the Iran war?
As Patrick Wintour explains, it depends on whether the Tehran-backed proxy group is intending to send a few missiles and drones from a distance towards Israel or will instead capitalise on its proximity to the narrow Bab al-Mandab strait to effectively close off the Red Sea to shipping, just as Iran has in effect shut the strait of Hormuz.
The Guardian’s diplomatic editor continues:
The combined effect of both waterways being shut to commercial traffic from countries that neither the Iranians nor Houthis favour would be devastating.
Napoleon Bonaparte’s remark that “the policy of a state lies in its geography” has never seemed more apt.
See the full analysis here:
Oil prices surge and stocks sink again as war widens
Oil prices rallied and stocks tumbled again on Monday as the Middle East crisis escalated with the entry of Yemen’s Houthis into the war and concerns the US will send in ground troops.
The surge in oil prices and the prospect of an extended conflict put more pressure on equities amid fears about a surge in inflation that could hit the world economy.
Tokyo sank more than 4% and Seoul more than 3%, while Hong Kong, Shanghai, Sydney, Singapore, Wellington, Taipei, Jakarta and Manila were also sharply down, reports Agence France-Presse.
The losses followed a bad day on Wall Street, where all three main indexes tumbled after the US and Israel struck Iranian nuclear sites.
“The market is now reacting to higher crude pricing and towards the fallout in the economic consequences,” wrote Pepperstone’s Chris Weston.
The Israeli military is reportedly saying it is responding to missiles fired from Iran.
Qatar says there has been a garage fire in an industrial area and that civil defence has it has brought it under control.
No injuries were reported, the interior ministry said on X on Monday, without giving more details.
On Sunday Qatar and Bahrain said they had intercepted missiles and drones fired towards them.
Israel attacks regime sites across Tehran
The Israeli military has just said it is currently attacking the Iranian regime’s infrastructure “throughout Tehran”.
The brief post on X gave no further details.
Jakarta condemns death of Indonesian peacekeeper in Lebanon
Indonesia denounced the death of an Indonesian peacekeeper with the UN mission in Lebanon (Unifil) on Monday, after a projectile exploded at one of its positions near the southern Lebanese village of Adchit al-Qusayr on Sunday.
Indonesia’s foreign ministry said harm towards UN peacekeepers was unacceptable, and reiterated its condemnation of Israeli attacks in southern Lebanon, calling on all parties to respect Lebanon’s sovereignty.
South Korean airlines have asked their government to help redirect jet fuel exports to the domestic market, threatening half of Australia’s imports of the critical fuel after Chinese authorities earlier this month flagged export restrictions.
Amid deepening concerns across Asia about the impact of the escalating Middle East conflict, an official at South Korea’s transport ministry told the Guardian that “some domestic carriers” had asked authorities to redirect export-bound jet fuel back to the local market due to supply concerns.
Any move to restrict exports would hit import-dependent countries particularly hard. For instance, Australia sources roughly a quarter of its refined fuel imports from South Korea, including 18% of our total jet fuel imports.
China, which supplies a third of Australia’s jet fuel, has according to reports already moved to restrict fuel exports, although Chris Bowen, Australia’s energy minister, late last week said Chinese jet fuel supplies were assured until late April or early May.
The price of brent crude had now gone over $116 a barrel, while stock markets have slumped in Asia as investors dig in for a protracted Gulf conflict that could bring a spike in inflation and the risk of recession to much of the globe.
Brent crude was just over $70 a barrel when the war started last month and prices have risen by more than 50% since.
Iran’s de facto closure of the vital strait of Hormuz has sent prices for oil, gas, fertiliser, plastic and aluminium surging, along with fuel for planes and shipping.
Much of Asia is highly dependent on energy from the Middle East, making the region particularly vulnerable in the ongoing crisis.
Japan’s Nikkei shed another 4.7% early on Monday, bringing losses for March to almost 14%. South Korea’s market fell 4.2%.
Welcome summary
Hello and welcome to our continuing live coverage of the Iran war and its impact on the region, the world and the global economy.
Donald Trump has said his “preference would be to take the oil” in Iran and that US forces could seize the regime’s export hub on Kharg Island, the Financial Times is reporting, as the US sends thousands of troops to the Middle East.
The US president compares the potential move to Venezuela, where the US intends to control the oil industry “indefinitely” following its ousting of president Nicolás Maduro in January.
Trump said in the interview with the FT on Sunday:
To be honest with you, my favourite thing is to take the oil in Iran, but some stupid people back in the US say: ‘why are you doing that?’ But they’re stupid people.”
Such a move would involve seizing Kharg Island, through which most of Iran’s oil is exported, the FT report continues. But an assault on the export hub would be risky, raising the chances of more US casualties and extending the cost and duration of the war.
“Maybe we take Kharg Island, maybe we don’t. We have a lot of options,” Trump said.
The newspaper also quoted Trump as stressing that, despite his threats to seize Iranian oil production, indirect US-Iran talks via Pakistani “emissaries” were progressing well.
Here are more key developments:
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The UN peacekeeping mission in Lebanon said a peacekeeper was killed when a projectile exploded at one of its positions near the southern Lebanese village of Adchit al-Qusayr on Sunday. Another peacekeeper was critically injured, it said early on Monday.
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The Israeli air force intercepted two unmanned aerial vehicles launched from Yemen, the IDF has posted online.
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Benjamin Netanyahu announced an expansion of Israel’s invasion of southern Lebanon as his forces target Hezbollah. “I have just instructed to further expand the existing security buffer zone. We are determined to fundamentally change the situation in the north,” the Israeli PM said in a video statement from the northern command. Israeli forces are currently occupying the area south of the Litani River, and its destruction of key bridges connecting to the rest of Lebanon and forced displacement of residents have stoked fears of a protracted occupation.
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Pakistan will soon host talks between the US and Iran, its foreign minister said, as top diplomats from Pakistan, Saudi Arabia, Turkey and Egypt met in Islamabad to discuss ways to de-escalate the war. Neither Washington nor Tehran have yet commented.
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Earlier, Iranian parliament speaker Mohammad Bagher Ghalibaf said Iranian forces were “waiting” for US ground troops to arrive so they could “rain fire upon them”. It came after reports that the Pentagon is preparing for weeks of possible “ground operations” in Iran, and as thousands of US soldiers and marines arrive in the region.
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Power has reportedly been restored across parts of Iran after Israeli strikes hit “electricity infrastructure”, Iran’s energy minister said.
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The International Atomic Energy Agency confirmed that Iran’s heavy-water production plant at Khondab – which Israel attacked on 27 March – had “sustained severe damage and is no longer operational”. In a post on X, the agency added that the Khondab heavy water research reactor “contains no declared nuclear material”. The Israeli military had described the site as a “key plutonium production site for nuclear weapons” when it bombed the facility on Friday.
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A fire at an industrial site in southern Israel has been been brought under control, hours after being declared a “hazardous materials incident” in the area. The IDF said the fire at the Neot Hovav industrial complex may have been caused by “a weapon fragment or interceptor fragment”.
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Iranian supreme leader Mojtaba Khamenei thanked the Iraqi people and religious leadership for their support of Iran “in the face of aggression”, Iranian state media reported, without saying how this message was conveyed. More than three weeks on from his appointment as supreme leader, Khamenei has still not been seen or heard from in public since he was injured in the US-Israeli airstrike that killed his father, the late ayatollah Ali Khamenei, his wife and son on the first day of the war.
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On Palm Sunday, the Pope said God rejected the prayers of leaders who started wars and had “hands full of blood”, in an apparent rebuke to Trump’s administration.
