← March 31, 2026 briefing
US-Israeli strikes hit Iran as ceasefire talks stall
World

US-Israeli strikes hit Iran as ceasefire talks stall

US and Israeli forces have struck Iranian cities including Isfahan — home to 2.3 million people — while Iran continues retaliatory attacks on Gulf nations, hitting a Kuwaiti oil tanker in Dubai port and killing three UN peacekeepers. Secretary of State Marco Rubio says war objectives will be met "within weeks" and that destroying Iran's missile capacity is non-negotiable, even as Iran's foreign ministry calls US ceasefire terms "excessive and unrealistic." Oil has jumped above $115 a barrel on the escalating conflict.

MarketIran x Israel/US conflict ends by...?
Iran x Israel/US conflict ends by May 15?42% chance
Sources
Trump could ask Gulf states to contribute to cost of war, says White House

Trump could ask Gulf states to contribute to cost of war, says White House

Financial Times · Mar 30

Oil jumps above $115 after drone strike on Kuwaiti tanker

Oil jumps above $115 after drone strike on Kuwaiti tanker

Financial Times · Mar 31

Intense US-Israeli attacks on Iranian city of Isfahan cause column of fire

Intense US-Israeli attacks on Iranian city of Isfahan cause column of fire

Al Jazeera · Mar 31

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