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There are calls for a windfall tax on grain traders who are enjoying “giant profits” amid soaring food prices, the Guardian reports. It says it raises concerns of profiteering and speculation in global food markets “that could put staples beyond the reach of the poorest”. A UN special rapporteur on extreme poverty calls the record profits “clearly unjust” and a “terrible indictment of our food systems”.

Guardian Front Page 19th of March 2026

Israel carried out a military operation against Iran’s South Pars gasfield, part of the world’s largest. The move pushed oil prices higher and prompted warnings of retaliation, raising concerns over energy security and the risk of wider regional instability.

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Guardian Front Page 18th of March 2026

UK sources say Geneva talks had brought a new Iran nuclear deal close, with tougher inspections and phased sanctions relief under discussion. A senior UK adviser noted the surprising progress, but a subsequent regional crisis halted the negotiations.

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Guardian Front Page 17th of March 2026

Starmer says the UK will resist US pressure to take part in military action against Iran, calling it a difficult decision. He ruled out sending Royal Navy ships and dismissed threats tied to Nato, stressing Britain’s commitment to the alliance while prioritising diplomacy with European partners.

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Guardian Front Page 16th of March 2026

Ministers are considering deploying minesweeping drones to keep a key oil route open, wary that sending Royal Navy warships at Washington’s request could escalate tensions. The drones would clear suspected mines to protect tankers and maintain energy flows while limiting the UK’s footprint.

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