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IrNew Wave of Strikes on Iran | Regional Tensions Escalate | 7 AM News Headlines | 05 March 2026

Hegseth: US and Israel will have "complete" control of Iranian skies in "under a week". Rules of engagement designed to "unleash American power", Hegseth says. Hegseth confirms sinking of Iranian warship. Person charged with attempted assassination of Trump killed, Hegseth said. Hegseth: We have only just begun to fight. US has "effectively neutralised" Iran's naval presence, Caine says. US is investigating deadly strike on Shajareh Tayyebeh school girls school in southern Iran, Hegseth says. Hegseth says Iran can no longer shoot volume of missiles as before. Hegseth: Iran cannot outlast us. Hegseth confirms sinking of Iranian warship

Damage to Israeli economy from Iran war could top $2.9bn a week, ministry says. Qatar’s state-run energy firm announces force majeure
Nato condemns Iran’s targeting of Turkiye, spokesperson. says.Pakistan ‘communicating’ between Riyadh, Tehran: PM’s adviser Rana Sanaullah. Italy likely to send military aid to Gulf states, sources say. Missile launched from Iran towards Turkiye destroyed: Ankara. UAE intercepts 3 ballistic missiles, 121 of 129 incoming drones. Iran intelligence operatives signalled openness to talks with CIA to end war: report

Pakistan seeks alternative oil supply route via Saudi Arabia after Hormuz Strait closure. Islamabad says Saudi assurances ease immediate energy risks amid escalating Gulf maritime tensions. One crude vessel assured for dispatch to Yanbu. Saudi envoy pledges emergency energy support to Pakistan. Govt monitors supply chain situation on daily basis: Malik

US orders non-emergency consular staff in Karachi, Lahore to leave Pakistan. US State Department says there is no change to status of its embassy in Islamabad. US State Department issues order for non-emergency staff. US also asks families of consular staff to leave Pakistan. Development comes amid ongoing US-Israel war against Iran

Petrol, diesel prices may see sharp increase if Middle East conflict continues. Oil sector warns of worst-case disruption to Pakistan’s energy supply chain. Officials say int’l diesel prices have increased by 30%. Calls revived to form a strategic petroleum reserve. PSO asked to explore alternative oil and diesel sources

Trump, Rubio offer conflicting reasons for US entry into Iran war. Trump rejects suggestions that Israel pushed US into conflict, as his administration gives varying accounts. Trump claims Iran was about to strike first, contradicting Rubio. Conservatives criticise US involvement in Iran war. White House in damage control over conflicting war rationales

Pakistan, IMF begin virtual talks on financing gaps, FBR tax target credibility. Washington-based lender questions FBR’s plan to bridge widening gap between projections and revised targets. IMF flags gap in FBR projections. UAE rollover still under negotiation. Spending cuts likely if revenues lag

Babar, Saim dropped as 15-member squad for Bangladesh ODI series announced. Six uncapped players selected for the three-match ODI series, announces PCB. All three ODIs to be played at Shere Bangla Stadium. Shaheen Afridi to continue as Pakistan ODI captain. Maaz Sadaqat, Sahibzada Farhan among uncapped players

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