by Mark Duell, Deputy Chief Reporter (Digital)

The last known shipment of jet fuel to Britain from the Middle East is due to arrive within 48 hours amid concerns that a shortage could be 'less than a week away'.

The consignment on the Libyan-flagged Maetiga vessel is expected to reach the UK from Saudi Arabia on Thursday, according to data providers Kpler and Vortexa.

The blockage of the Strait of Hormuz due to the ongoing conflict means no other cargoes heading to the UK from the region can be seen on the water, they added.

The UK is currently sourcing at least half its jet fuel from the Middle East amid a fall in domestic refining and a halt on Russian imports since the Ukraine invasion in 2022.

About 40 per cent of Europe's jet fuel comes via the Strait of Hormuz, which is nearly completely closed. The UK receives supplies direct from the Middle East while additional supplies come in indirectly, especially via Belgium and the Netherlands.

Industry experts now fear the supply issues could have a major impact on airlines from the end of next month if the Iran war continues, reported the Financial Times.

Multiple cars have been set on fire after a Iranian missile strike in central Israel.

Israel's emergency services Magen David Adom has said eight people have been injured in the attack which Israeli media reports contained cluster munitions.

Impacts were reported in Bnei Brak, Ramat Gan, and Petah Tikva. Footage captured cars engulfed in flames in Petah Tikva.

Oil prices sank and most stocks rose today after it was reported Donald Trump is willing to end the Iran war even if the key Strait of Hormuz remains closed.

But investors remain wary as the report came just hours after Trump threatened to destroy Iran's key oil export hub and desalination plants unless it accepts a deal to immediately reopen the waterway.

Both main oil contracts fell Tuesday, though West Texas Intermediate and Brent were still sitting well above $100 a barrel.

And most equity markets rose. Hong Kong, Shanghai, Sydney, Singapore, Wellington and Jakarta were all up, while Tokyo fluctuated.

Key figures at around 2:30am UK time:

Brent North Sea Crude: DOWN 1.3 per cent at $106.04 a barrel

West Texas Intermediate: DOWN 0.7 per cent at $102.22 a barrel

Tokyo - Nikkei 225: DOWN 0.1 per cent at 51,820.30 (break)

Hong Kong - Hang Seng Index: UP 0.5 per cent at 24,869.71

Shanghai - Composite: UP 0.3 per cent at 3,935.05

Israeli Prime Minister Benjamin Netanyahu has said the war on Iran had achieved more than half its aims, without putting a timeline on when it would end.

'It's definitely beyond the halfway point. But I don't want to put a schedule on it,' Netanyahu told the conservative US broadcaster Newsmax.

He added that he meant the war was more than halfway 'in terms of missions, not necessarily in terms of time.'

President Donald Trump, who launched the war with Netanyahu on February 28, initially said the operation would last for four to six weeks.

While Secretary of State Marco Rubio said yesterday the war would last 'weeks' further instead of months.

Netanyahu said the war had achieved goals including killing "thousands" of members of Iran's Revolutionary Guards, adding Israel and the US are also 'close to finishing their arms industry'.

Three United Nations peacekeepers from Indonesia were killed in two separate incidents in southern Lebanon after a bloody weekend in which Lebanese journalists and medics were killed in Israeli strikes.

Two peacekeepers were killed yesterdat after an explosion from an unknown origin destroyed their vehicle near Bani Hayyan in south Lebanon, the UN peacekeeping force UNIFIL said in a statement.

Two other soldiers were wounded in the blast.

Another Indonesian soldier was killed overnight Sunday into Monday when a projectile exploded near one of the group's positions close to the southern Lebanese village of Adchit al-Qusayr.

Another peacekeeper was critically injured at the time.

The death on Sunday was the first among the UN's peacekeeping force in the war between Israel and Lebanese armed group Hezbollah which erupted on March 2.

Iran's military has claimed it has struck an Israeli-owned ship in the Persian Gulf and fired drones at US marines in the UAE, Iranian state media is reporting.

The Revolutionary Guards say it has carried out 'devastating blows' to US and Israel this morning, according to a message posted on Telegram by state-controlled media channel Islamic Republic of Iran Broadcasting (IRIB).

Firstly, the Guards say the Israeli-owned container vessel was struck by missiles fired by its navy in the Persian Gulf.

Iranian military officials then said US marines 'hiding in a concealed location' on the UAE coast were hit with drones.

Additionally, the Guards say a US anti-drone system was destroyed near Bahrain's Manama airport.

Neither the US or Israel has commented following the claims.

The Al Salmi before it was attacked by Iran

Kuwait's state-owned oil company has hit out at Iran following a 'heinous' attack on one of its oil tankers while it was anchored in Dubai.

The Al Salmi tanker was fully loaded when it was struck by a drone at Dubai port earlier today.

Kuwait Petroleum Corp, the ship’s owner, said the 'direct, heinous Iranian attack' caused a fire and hull damage and sparked fears of an oil spill.

Dubai authorities said maritime firefighting teams successfully put out the blaze which was contained and added all 24 crew members were safe.

by Stephen M Lepore, US Senior Reporter

The US last night unleashed devastating air strikes on an ammunition depot believed to house Iran's enriched uranium as a massive oil tanker was struck by an Iranian drone near the Strait of Hormuz.

Donald Trump posted video of the US strike in the city of Isfahan to his Truth Social page, showing the 2,000lb bombs that set off a series of explosions in the night sky.

The president did not provide any information about the enormous explosion with the video on his social media post.

An American official confirmed to The Wall Street Journal that the video showed the bunker buster strikes on Isfahan.

The US strikes came after reports Mr Trump was considering a military operation to send special operations forces deep inside Iran to seize its stockpile of enriched uranium at sites that include Isfahan.

Fire-tracking satellites from NASA suggest the explosions happened near Mount Soffeh, an area believed to have military positions.

Donald Trump has signalled he is willing to end the military campaign against Iran even if the Strait of Hormuz remains largely closed, the Wall Street Journal reported.

It comes after the President yesterday threatened to bomb Iran's power plants, oil wells, desalination plants and Kharg Island if the waterway is not opened 'immediately'.

Any US exit from the war without unblocking the strait will likely extend Tehran's grip on the key oil route and leave a complex operation to reopen it for a later date.

Economies across the world have been disrupted by the closure of the Strait of Hormuz which has resulted in oil prices spiking amid fears stocks could run out.