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Trump Administration Launches Sweeping Section 301 Investigations into 16 Trading Partners, Escalating Tariff Threats on China, Mexico, EU, and More

  Washington, D.C. — March 12, 2026 — In a bold move to revive and expand its tariff agenda following a major Supreme Court setback, the Trump administration announced on March 11 the initiation of new Section 301 investigations into unfair trade practices by 16 major economies, including key partners like China , Mexico , the European Union , Japan , India , South Korea , and others. U.S. Trade Representative Jamieson Greer revealed the probes during a press briefing, targeting what the administration describes as "structural excess capacity and production in manufacturing sectors." These investigations, conducted under Section 301 of the Trade Act of 1974, will examine whether government subsidies, industrial policies, persistent trade surpluses, or underutilized capacity abroad are creating unfair advantages that burden or restrict U.S. commerce. The full list of targeted economies includes: China, the European Union, Singapore, Switzerland, Norway, Indonesia, Malaysi...

Iran Warns of $200 Oil Barrel Amid Escalating War — Sets Three Conditions for Any Peace Talks

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  Dubai/Tehran — March 12, 2026 — As the U.S.-Israel war against Iran enters its second week with no clear end in sight, Tehran delivered a stark economic warning Wednesday: global oil prices could surge to $200 per barrel if attacks on its infrastructure continue and regional security remains destabilized. Ebrahim Zolfaqari, spokesperson for Iran's Khatam al-Anbiya Central Headquarters (the military command overseeing key operations), issued the blunt message in statements broadcast on state media and directed squarely at Washington. "Get ready for oil to be $200 a barrel, because the oil price depends on regional security, which you have destabilised," Zolfaqari said. He further declared that Iran would shift from "reciprocal hits" to "continuous strikes" on adversaries and vowed that "not even one litre of oil" would reach the United States, Israel, or their partners via the Strait of Hormuz . Any tanker or vessel bound for those destin...

Iran's Dramatic Leadership Succession: Mojtaba Khamenei Named New Supreme Leader Amid

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  Tehran/International – March 9, 2026 — In a swift and unprecedented move amid the ongoing U.S.-Israeli war on Iran, Mojtaba Khamenei , the 56-year-old second son of the late Ayatollah Ali Khamenei , has been officially named the new Supreme Leader of the Islamic Republic. The announcement, confirmed by Iranian state media and reported across major international outlets including AP, Reuters, Al Jazeera, The New York Times, BBC, CNN, and others, came early Monday local time after the Assembly of Experts —a clerical body of senior Shiite clerics—selected him following a "decisive vote." This succession marks one of the most consequential shifts in Iran's 47-year post-revolutionary history. It follows the assassination of Ayatollah Ali Khamenei, who ruled with absolute authority since 1989, in the opening salvos of joint U.S.-Israeli airstrikes on February 28, 2026. Those initial attacks targeted his compound in Tehran, killing the supreme leader along with several top ...

Devastating Flash Floods Strike Nairobi: At Least 23 Dead, Major Airport Chaos Ensues

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  Nairobi, Kenya – March 2026 — Torrential overnight rains unleashed catastrophic flash floods across Kenya's bustling capital on March 6-7, 2026, claiming at least 23 lives, sweeping away vehicles, submerging neighborhoods, and severely disrupting operations at Jomo Kenyatta International Airport (JKIA), East Africa's busiest hub. The deluge began late Friday evening, March 6, turning streets into raging rivers within hours. Rescue teams, aided by the Kenyan military deployed by authorities, worked through the night and into Saturday to pull bodies from floodwaters, extract stranded motorists, and search for survivors. Nairobi police chief George Seda reported that victims died primarily from drowning or electrocution due to downed power lines and damaged infrastructure. He cautioned that the death toll could climb further as operations continue, with some reports already indicating rises to 25 or more in broader national flooding contexts. Dozens of cars were swept away or...

Details on Trump's Ultimatum to Iran

On March 6, 2026 (Friday), US President Donald Trump issued a stark ultimatum via a post on Truth Social, declaring that there would be no negotiated deal to end the ongoing US-Israel war against Iran except for Iran's "UNCONDITIONAL SURRENDER" . Key elements from Trump's statement: "There will be no deal with Iran except UNCONDITIONAL SURRENDER!" Following surrender, he proposed the "selection of a GREAT & ACCEPTABLE Leader(s)" — implying US and allied involvement in choosing Iran's post-regime leadership. He promised that the US and allies would then "work tirelessly to bring Iran back from the brink of destruction, making it economically bigger, better, and stronger than ever before," adding a playful "MAKE IRAN GREAT AGAIN (MIGA!)" slogan. This marked a significant escalation in stated US war aims, shifting from initial objectives (like destroying Iran's missile capabilities and drone threats) toward pot...