WAR – IRAN

Middle East war could be decided by who runs out of missiles or interceptors first, analysts say

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Original article by Jason Burke
The Guardian – Page: Online : 4-Mar-26

Iran has launched retaliatory airstrikes against Persian Gulf nations such as Qatar, Abu Dhabi, Kuwait and Bahrain since the joint US-Israel attacks began. Stacie Pettyjohn, from the Center for a New American Security based in Washington, DC says the Iran conflict has become "a bit of a salvo competition", and the duration of the war may depend on the size of the combatants’ weapons arsenal. Pettyjohn adds that the extent of Iran’s stockpile is the "big unknown". Tal Inbar from the Missile Defence Advisory Alliance in turn notes that the duration of previous wars has been partly determined by the number of air defence missiles each country had.

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CENTER FOR A NEW AMERICAN SECURITY, MISSILE DEFENCE ADVISORY ALLIANCE

War cost to Aussie hip pockets

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Original article by Greg Brown, Matthew Cranston
The Australian – Page: 1 & 5 : 4-Mar-26

The Treasury has advised the federal government that the initial rise in oil prices following the airstrikes on Iran could increase Australia’s inflation rate by 0.15 per cent. Treasury also stated that inflation may rise by about 0.26 per cent if the conflict lasts for 18 months, and warned that any damage to gas production infrastructure in Qatar – which accounts for 20 per cent of global supply – would add to domestic inflationary pressures. Meanwhile, Resources Minister Madeleine King says Australia’s gas market is in a better position to absorb the impacts of the war in the Middle East than in 2022, when the invasion of Ukraine caused a surge in gas prices. Meanwhile, Reserve Bank governor Michele Bullock says the war could result in higher interest rates, noting that inflation is already elevated.

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AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF INDUSTRY, SCIENCE AND RESOURCES

Trump says ‘everything’s been knocked out in Iran’

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Original article by
The New Daily – Page: Online : 4-Mar-26

US President Donald Trump says Iran is "getting hit very hard" in the ongoing airstrikes targeting the Islamic regime. Trump adds that Iran’s navy, air force, air detection systems and "just about everything" else has been "knocked out" since the joint US-Israeli military action began. Trump also claims that a building where Iran’s senior clerics were meeting to elect a successor to the late Ayatollah Ali Khamenei has been hit. Trump has suggested that the war could take four or five weeks, while a Reuters report has suggested that Israel’s campaign has been planned to last two weeks.

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UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT