US-Iran war live updates: Trump reveals oil ‘present’ from Iran; Israel claims it killed navy chief in strike; White House confirms it sent 15-point peace plan via Pakistan

The Australian sharemarket is expected to fall when it opens today after doubts that the Middle East conflict will end soon hit Wall Street.

US stocks had their worst day on Thursday since the US-Israeli war on Iran began.

The S&P 500 fell 1.7 per cent and the index is headed for a fifth straight losing week, which would be the longest such losing streak in almost four years.

The Dow Jones Industrial Average fell 1 per cent and the Nasdaq composite sank 2.4 per cent. They’re the latest flip-flops for financial markets this week after Iran rejected a US offer for a ceasefire.

with AP

Deputy Prime Minister Richard Marles said Australia was doing everything it had been asked after Donald Trump’s latest broadside, in which the US president said Australia had not been “great” in its level of military support for his war in Iran.

“We have been providing an E-7 [aircraft] for the defence of the Gulf states,” Marles told Nine’s Today.

“That was at the request of the UAE. The one request we’ve had from the United States is to provide support for the Gulf states, which is, in fact, what we are doing, and that’s where we see our national interest,” he said, referencing Australia’s large expat populations in the UAE.

Marles added that Australia had received no request from the US regarding assistance to reopen the Strait of Hormuz.

Environment Minister Murray Watt said he would not “give a running commentary on the various statements of President Trump” when asked about the criticism.

“What we’re going to do is focus on what’s in Australia’s national interest. It’s been very widely reported that we’ve delivered the support that we’ve been asked for, which is a defensive support for the UAE,” he told ABC’s Radio National.

A man has died in northern Israel after a rocket strike from Hezbollah forces in Lebanon, with video showing the attack set fire to an apartment building in a residential district of Nahariya.

Emergency services reported that four others were wounded in the attack, and video released by Israeli news service ILTV shows black smoke rising from the blast.

The Times of Israel said the attack killed a man aged in his 30s. Others were wounded by shrapnel. Nahariya is less than 10 kilometres from the border with Lebanon, so the strike highlights the concerns in Israel about danger to civilians from Hezbollah rockets.

The Israel Defence Forces, meanwhile, continued to clear areas of southern Lebanon as part of a stated plan to create a “secure zone” near the border with Israel.

The civilian deaths in Lebanon continue to grow as the IDF sends missiles and drones into communities. Lebanon’s health ministry said on Thursday that two people were killed and eight injured near Nabatiyeh, a city in the south.

This masthead reported from Nabatiyeh as recently as March 11, when the area was largely evacuated and already being targeted by airstrikes. The attacks and casualties have increased since then.

Donald Trump said he is giving Iran another 10 days to negotiate on ending the war before possible strikes on energy infrastructure.

The US president originally gave Tehran until this weekend to make a deal or face the destruction of domestic oil, gas and electricity facilities.

He now says that is off the table until at least April 6.

“As per Iranian Government request, please let this statement serve to represent that I am pausing the period of Energy Plant destruction by 10 Days to Monday, April 6, 2026, at 8 P.M., Eastern Time,” he posted on Truth Social.

“Talks are ongoing and, despite erroneous statements to the contrary by the Fake News Media, and others, they are going very well. Thank you for your attention to this matter!”

The US has not targeted Iranian energy infrastructure thus far in the war, despite Trump’s repeated threats.