Good day, it's Monday, March 30th, 2026.
I'm Alice Beth and this is your latest NEWS UPDATE from Global
News Daily. U.S.
President Donald Trump has suggested the United States
could take the oil in Iran and potentially seize the countries
main export hub, Karg Island. Karg Island handles the vast
majority of Iran's oil exports, making it one of the most
strategically important energy sites in the region.
Any move to capture or disrupt it could have major global
economic consequences. The remarks come as U.S.
officials say troops are preparing for the possibility of
ground operations, although President Trump added that a
peace deal could still be reached fairly quickly.
Overnight, Trump said U.S. forces struck many long sought
after targets inside Iran, while Israel confirmed it is
continuing air strikes on Tehran.
Iran, meanwhile, is warning of a fierce response.
The country's parliament speaker says Iranian forces are waiting
for American ground troops, vowing they would rain fire upon
them if deployed. The economic impact is already
being felt. Worldwide.
Oil prices have surged past $115.00 a barrel, and analysts
warn that food prices could also rise as fertilizer exports are
disrupted by the conflict in the United Kingdom.
Prime Minister Keir Starmer is set to meet business leaders at
Downing St. to discuss the growing economic fallout.
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News Daily.