Reeves to warn G7 against unilateral trade moves during Iran war
Chancellor Rachel Reeves will urge her G7 counterparts on Monday not to pursue unilateral measures such as new trade barriers while the Iran war continues, saying such steps could further threaten energy security.
During a meeting with G7 finance ministers, energy ministers and central bank governors, Reeves will say the G7 “should act together, not in ways that shift pressure onto partners or weaken collective resilience”, a statement released by her ministry said.
The Group of Seven (G7) wealthy nations includes the US, Britain, Canada, France, Germany, Italy and Japan, along with the European Union.
Reeves is expected to say that protectionism and new trade barriers could disrupt supply chains and drive up costs, and that cooperation is vital to keep energy and goods flowing and to bring down bills over time.
Bryony Gooch30 March 2026 01:00
Watch: Netanyahu orders expansion of security buffer zone in southern Lebanon
Bryony Gooch30 March 2026 00:00
Watch: Iran warns Trump leading US army into ‘swamp of death’ as more Marines arrive in Middle East
Bryony Gooch29 March 2026 22:30
Speaker of Iranian parliament tells traders ‘do the opposite’ of pre-market indicators
The speaker for Iran’s parliament Mohammad-Bagher Ghalibaf issued a “heads up” to traders ahead of the market reopening on Monday, suggesting they “do the opposite” of what the pre-market news indicated.
Posting on X, the senior Iranian politician said: “Heads-up: Pre-market so-called ‘news’ or ‘Truth’ is often just a setup for profit-taking.
“Basically, it’s a reverse indicator. Do the opposite: If they pump it, short it. If they dump it, go long. See something tomorrow? You know the drill.”
It comes as oil prices have skyrocketed since the US-Israeli war against Iran began as the Islamic Republic retains control over the Strait of Hormuz.
When the market closed on Monday, Brent Crude prices were at $112.57 (£84.87) per barrel.
Bryony Gooch29 March 2026 22:00
Iran’s heavy water production plant no longer operational, IAEA says
The International Atomic Energy Agency said on Sunday that Iran’s heavy water production plant at Khondab, which the country reported had been attacked on 27 March, has suffered severe damage and is no longer operational. The installation contains no declared nuclear material, the UN nuclear watchdog added in a social media post on X.
Bryony Gooch29 March 2026 21:30
WHO says another health worker is killed in southern Lebanon
The World Health Organization said on Sunday that another health worker was killed in southern Lebanon due to Israel’s expanding military operations in the region.
A paramedic was killed in a strike on an ambulance in Bint Jbeil, WHO Director-General Tedros Adhanom Ghebreyesus said in an X post, adding that a medical warehouse in the same city was destroyed in an attack.
Bryony Gooch29 March 2026 20:00
Power restored to most areas of Tehran and Karaj, says Iranian state media
Power has been restored to most areas of Tehran and Karaj, according to Iran’s Fars news agency.
Electricity was cut in parts of the Iranian capital and in Alborz province, state media said on Sunday, after attacks on energy infrastructure.
Bryony Gooch29 March 2026 19:55
Tehran experiencing a power cut after attacks on power infrastructure
Parts of Tehran are experiencing a power cut after attacks on the infrastructure.
Electricity was cut in parts of the Iranian capital and in Alborz province , Iran’s state media cited the country’s ministry of energy as saying on Sunday.
Shrapnel hit a part of the electricity grid in Alborz province, causing power to be cut in several areas of Tehran and the city of Karaj.
Electricity in parts of Tehran will be restored in a few hours, according it the Tasnim news agency, citing the deputy energy minister.
Bryony Gooch29 March 2026 19:43
