Trump’s trip to meet Xi Jinping in China rescheduled for May due to Iran war

US president says he will host Chinese leader in a reciprocal visit later this year

Donald Trump will meet Xi Jinping in May during the US president’s first visit to China in eight years, a closely watched trip that had been postponed due to the Iran war.

Trump was initially slated to travel next week, but will now visit Beijing on 14 and 15 May, he wrote in a post on Truth Social on Wednesday. Trump said he would host the Chinese leader in a reciprocal visit in Washington later this year.

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Iran rejects US ceasefire plan and submits its own amid push for talks

Tehran puts forward five-point counter-proposal and says war will end when it decides and on its terms

Iran dismissed a US ceasefire proposal on Wednesday and countered with a negotiation plan of its own as intermediaries sought to keep diplomatic channels between the warring countries open.

Iranian state TV quoted an anonymous official as saying Tehran had rejected the plan it had received via Pakistan, saying it would “end the war when it decides to do so and when its own conditions are met”, and until then would continue fighting across the region.

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‘We want peace’: Iranians try to maintain semblance of normal life as conflict drags on

Explosions lit up Tehran skyline as Israel launched new airstrikes but by morning joggers were in the park

The days after Nowruz, the Persian New Year, are usually a bustling time in Tehran, with spring arriving, trees blossoming, businesses reopening after the holidays, and people returning to work and school.

This year, however, Iranians are trying to maintain a semblance of ordinary life against the constant backdrop of explosions, airstrikes – and a conflict many fear may drag on for weeks or months.

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Iran war threatens to delay large offshore wind projects in EU and UK

Industry fears strait of Hormuz closure could disrupt shipping of crucial parts for UK and German North Sea projects

• Business live – latest updates

A string of large offshore wind projects in Europe are facing potential delays as the Iran war threatens to disrupt shipping of crucial parts manufactured in the Gulf.

Industry sources are concerned that components ordered from suppliers in the United Arab Emirates could become trapped if shipping remains effectively blocked through the strait of Hormuz.

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‘Makes Covid look like a tea party’: Australian food prices could rise for the next year, farmers warn

Iran conflict could see shortages not just in fuel, but fertiliser and fossil fuel resins – used to make milk bottles

Farmers say Australian consumers could pay more for everyday staples for the next year at least as a result of the US-Israel war on Iran.

But the CEO of dairy farmer cooperative Norco, Michael Hampson, says a six- to 12-month disruption to food supply is likely a best-case scenario, depending on the strait of Hormuz reopening soon and global petrochemical supply chains beginning to stabilise.

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Middle East crisis live: Iran launches strikes on US bases in Gulf; oil prices drop after Trump ‘peace plan’ report

Iran Guards said they fired missiles at Israel and US forces in bases in Kuwait, Jordan and Bahrain; crude oil prices fall sharply in early trading

Even as Donald Trump claimed productive negotiations to end the war were ongoing with Tehran, Iran’s relentless bombardment of the Gulf states showed no sign of relenting.

Kuwait and Bahrain were both hit with damaging strikes on Tuesday night and into Wednesday morning, as the patience of the Gulf states after rebuffing constant attacks for almost a month begun to wear thin.

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Middle East crisis live: Iran launches strikes on US bases in Gulf; oil prices drop after Trump ‘peace plan’ report

Iran Guards said they fired missiles at Israel and US forces in bases in Kuwait, Jordan and Bahrain; crude oil prices fall sharply in early trading

Indonesia is considering cutting the distribution of free student meals from six days a week to five, in a bid to save its budget amid the the Middle East conflict, Reuters reports.

The finance minister, Purbaya Yudhi Sadewa, said on Wednesday the measure could save 40tn rupiah ($2.37bn).

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‘Political Band-aid’: cutting Australia’s fuel excise could make petrol shortages worse, economists say

Fuel tax cuts also risk adding to inflation by enabling some households with enough income to spend more

Fuel excise cuts would be a “political Band-aid” that could worsen petrol shortages and add to inflation, economists have warned.

The mining billionaire Gina Rinehart, Tasmania’s state premier and Liberal opposition leaders in New South Wales and Victoria have called for the Albanese government to cut the excise on petrol and diesel.

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Philippines declares ‘national energy emergency’ and boosts coal power as Iran war grinds on

President’s declaration allows officials to tackle fuel hoarding or profiteering, while energy secretary says country will lean more heavily on coal

The Philippines president, Ferdinand Marcos, has declared a state of “national energy emergency” as a result of the Middle East war, which his administration said posed “an imminent danger of a critically low energy supply”.

The state of emergency, which will initially last for a year, was declared just hours after the country’s energy secretary said the Philippines planned to boost the output of its coal-fired power plants to keep electricity costs down as the war wreaks havoc with gas shipments.

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Philippines declares ‘national energy emergency’ and boosts coal power as Iran war grinds on

President’s declaration allows officials to tackle fuel hoarding or profiteering, while energy secretary says country will lean more heavily on coal

The Philippines president, Ferdinand Marcos, has declared a state of “national energy emergency” as a result of the Middle East war, which his administration said posed “an imminent danger of a critically low energy supply”.

The state of emergency, which will initially last for a year, was declared just hours after the country’s energy secretary said the Philippines planned to boost the output of its coal-fired power plants to keep electricity costs down as the war wreaks havoc with gas shipments.

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Reeves says planning for energy bills support under way but hints wealthiest may not be included – UK politics live

Chancellor says she has the data available to run targeted scheme, unlike the Tory programme used when the Ukraine war started

The live feed from the Lib Dem local elections campaign launch did not last long, and it did not include footage of Ed Davey taking questions from reporters. But this is what the Lib Dems are saying about their five key campaign issues.

-Cut the cost of living: A plan to halve energy bills within a decade, saving households an average of £870 a year

-Fix the NHS and care: Guarantee the right to see a GP within seven days (or 24 hours for urgent cases) and ending 12-hour A&E waits.

-Rescue high streets: Give an emergency cut to VAT for hospitality businesses, to bring prices down and boost struggling high streets.

-Clean up rivers: Ban water companies from dumping raw sewage into local rivers and coastal areas.

-Restore community policing: Ensure visible, effective local policing to reduce crime.

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Middle East violence continues after Trump claims ‘very good’ talks with Iran

Israel and Gulf states targeted and Iran hit by airstrikes as Tehran denies negotiations are taking place to end war

Violence has continued across much of the Middle East a day after Donald Trump said the US was in “very good” talks with Iran to end the war in the region soon.

Iranian barrages targeted Israel, Gulf Arab states and northern Iraq on Tuesday, while Israeli and US warplanes continued to carry out strikes across Tehran and on other targets in the Islamic Republic.

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Netanyahu vows further strikes on Iran and Lebanon as missile hits Tel Aviv

Israeli PM says ‘there’s more to come’ as hopes of de-escalation dim after Trump’s recent remarks

An Iranian missile has struck central Tel Aviv and the Israeli prime minister, Benjamin Netanyahu, has vowed to continue striking Tehran and Lebanon, dimming hopes of de-escalation after Donald Trump played up the chances of a deal to end the conflict.

“There’s more to come,” Netanyahu said in remarks that appeared to corroborate those of three Israeli officials who told Reuters they thought it was improbable that Iran would accept US demands in any new round of negotiations.

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Albanese urged to help Australians struggling with fuel crisis, as NZ offers first-of-its-kind cash relief

David Pocock says a flat 25% export levy on gas producers could redirect ‘wartime profits’ to struggling Australians

Pressure is mounting on the Albanese government to help households struggling with fuel prices, with working from home and free public transport posited as possible solutions.

Nearly 150,000 New Zealand families will soon receive a weekly cash payment to help them afford petrol, believed to be the world’s first fuel relief package that directly pays citizens since the Israel-US war on Iran began.

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Tuesday briefing: With the horror of conflict throughout the globe, how likely is world war three?

In today’s newsletter: Our diplomatic editor on how global instability feeds into conflict in so many parts of the world, and whether the threshold for a major global war has been met

Good morning. The world is at war. From the trenches of eastern Ukraine to the missile-streaked skies of the Gulf, a growing proportion of humanity is living under the horror of conflict. For some observers, there are gnawing fears that the worst is yet to come. The apparent collapse of the rules-based international order, the irrelevance of institutions designed to uphold it, and the interconnectedness of the fighting have sparked warnings that we could be at the beginning of a third world war. Indeed, half of Britons polled in a recent YouGov survey thought world war three was likely in the next five to 10 years.

On Monday, Donald Trump stepped back from deepening the US and Israel’s war with Iran, announcing that he would postpone military strikes on Iranian power plants for a five-day period after “very good and productive conversations” about the end to the fighting. Iran denied this version of events, claiming Trump had been scared off by their threats of attacks on water infrastructure in the Gulf. But, despite calmer stock markets and a sharp drop in the oil price, there is little sign that the fighting is near an end.

Middle East | The Israeli military said it had launched a new wave of strikes on Tehran, after Donald Trump signalled a pause in US attacks against energy infrastructure after what he said were productive talks with Iran.

UK Politics | Ministers are looking at providing support for household bills next winter, Keir Starmer said, as he suggested the energy price shock unleashed by the Iran conflict could continue for months to come.

London | Security agencies are investigating whether a group linked to Iran is behind an arson attack on four ambulances belonging to a Jewish charity in north London.

Climate crisis | More countries will face critical food insecurity if world heats up by 2C, analysis shows.

New York | The pilot and co-pilot of an Air Canada Express regional jet have been killed after it collided with a fire truck while landing at New York’s LaGuardia airport.

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Japan to begin biggest-ever oil release from national reserves as Middle East energy crisis bites

PM Sanae Takaichi says about 80m barrels of stockpiled oil to be provided to refiners – equivalent to 45 days of domestic demand

• Middle East crisis – live updates

Japan will begin the biggest-ever release of oil from its strategic reserves this week, the prime minister, Sanae Takaichi, has said, as the country braces for possible shortages caused by the US-Israel war on Iran.

The government last week approved the release of 15 days’ worth of private-sector reserves, amid concern that the conflict in the Middle East will continue to hinder the flow of tanker traffic along the strait of Hormuz.

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‘We consider every mile we drive’: how fuel shortages are affecting readers worldwide

From a shop owner in India to a community worker in New South Wales, rising fuel prices are forcing people to ration oil usage

Alagesan, 35, needs liquefied petroleum gas (LPG) to run his roadside drink and snack shop in Coimbatore, India, but with the fuel shortage since the US-Israel attacks on Iran, he worries his business could fold.

“I am far away from the Middle East, but my life is affected,” he said. “The gas cylinder is not available because of the war. I don’t know what to do.”

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Surprise US talks with Iran’s fractured leadership offer uncertain path out of conflict

Speaker Mohammad-Bagher Ghalibaf at first dismissed talks took place, insisting Trump’s claim was ‘fake news’ designed to soothe markets

The backchannel talks between Donald Trump’s special envoy, Steve Witkoff, and the Iranian foreign minister, Abbas Araghchi, were not a secret in the sense that the Egyptian Foreign Ministry had tweeted that conversations were under way on Sunday, 24 hours before Donald Trump’s late Monday deadline to start blowing up Iran’s energy infrastructure.

But such is the chaos surrounding the process that the discussions – thought to be well short of negotiations – may have lasted longer than Sunday, with more than one mediator, as is often the case, jostling for the title of peacemaker in chief.

Pakistan’s army chief, Asim Munir, for instance, spoke with Trump on Sunday, while Pakistani prime minister, Muhammad Shehbaz Sharif, held talks with Iranian president, Masoud Pezeshkian, on Monday. It is possible Pakistan could become the venue for further talks that this time would include JD Vance, the vice-president, a private sceptic about the war. Keir Starmer, the UK prime minister, was right to warn not to bank on an early end to the conflict.

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Keir Starmer signals winter support for household bills amid energy price shock

Any taxpayer-funded financial help will be likely to go to poorest households, rather than to everyone, PM indicates

Ministers are looking at providing support for household bills next winter, Keir Starmer said, as he suggested the energy price shock unleashed by the Iran conflict could continue for months to come.

The prime minister indicated he would prefer to focus any taxpayer-funded help on the poorest households, rather than an expensive universal bailout, ahead of an emergency meeting on the economic fallout of the Middle East crisis.

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Israel launches new strikes on Tehran as Trump pauses Iran energy attacks

Israeli military says it will continue operations in line with Israeli government directives until told otherwise

The Israeli military said it had launched a new wave of strikes on Tehran, after Donald Trump signalled a pause in US attacks against energy infrastructure after what he said were productive talks with Iran.

The Israeli Defense Forces (IDF) said it would continue operations in line with Israeli government directives until told otherwise.

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