US Vows to Continue Iran Operations; Global Tensions Escalate as Markets React

GUWAHATI: The United States has signaled that its military campaign against Iran is far from over because President Donald Trump announced that combat operations will continue until Washington reaches its goals. 

In a video posted on Truth Social Trump acknowledged that three US service members had been killed in the conflict while he warned that more casualties would happen. He vowed to avenge the deaths of American troops. 

“Combat operations continue at this time in full force, and they will continue until all of our objectives are achieved. We have very strong objectives,” Trump said. 
According to a report by the Daily Mail, Trump suggested the war could last around four weeks. “It’s always been a four-week process... it’s a big country, it’ll take four weeks — or less,” the newspaper quoted him as saying. 

Trump maintains a tough approach toward Tehran while he wants to keep talking to them. "They want to talk, but I said you should have talked last week, not this week," he reportedly said. 

The Indian government requests that all parties reduce their military tensions. Prime Minister Modi held a discussion with Israeli Prime Minister Benjamin Netanyahu to address the worsening conditions which were developing in the area during the ongoing conflict.

Had a telephone call with PM Benjamin Netanyahu to discuss the current regional situation. Conveyed India's concerns over recent developments and emphasised the safety of civilians as a priority. India reiterates the need for an early cessation of hostilities.@netanyahu

— Narendra Modi (@narendramodi) March 1, 2026

PM Modi dedicated his speech to Indian problems which he brought forward while he requested protection for civilian lives. The Indian government demanded an immediate halt to fighting while it emphasized the need for peaceful conditions in the area. 

The 27 member states of the European Union requested all involved parties to maintain peace while they needed to implement international legal requirements. EU foreign policy chief Kaja Kallas issued a statement after an emergency video conference of EU foreign ministers. 

The statement required all parties to maintain maximum restraint while all parties needed to protect civilian lives and protect their rights under international legal standards which included United Nations Charter principles and international humanitarian law requirements. 

Israel launched a barrage of strikes on Beirut after Hezbollah fired missiles across the border into northern Israel. Hezbollah established its first public responsibility claim for this attack after more than a year of silence. 

The Israeli military confirmed one projectile interception which left all remaining projectiles to land in empty areas without causing any reported injuries. Hezbollah claimed the strikes were in retaliation for the killing of Iran’s Supreme Leader Ali Khamenei and for what it described as repeated Israeli aggression. 

Lebanese Prime Minister Nawaf Salam condemned the attack, calling it “an irresponsible and suspicious act” that jeopardizes Lebanon’s security. He said authorities would take necessary measures to prevent further escalation. 

The Kuwaiti Army said its air defenses intercepted several hostile aerial targets over central Kuwait early Monday. 

The Russian embassy in Baku announced that approximately 500 Russian citizens are planning their evacuation from Iran to Azerbaijan. 

The Azerbaijani government reported that 192 people which includes 82 Azerbaijani citizens made their way from Iran within 38 hours. 

Global markets reacted sharply to the widening conflict. 

Dow futures fell more than 300 points in early trading, while Brent crude oil crossed the $80 per barrel mark amid fears of supply disruptions across the Gulf. 

Safe-haven currencies strengthened. The Swiss franc climbed sharply, the US dollar gained ground, and the euro slid. The Australian dollar and sterling dropped more than 0.5% while China’s offshore yuan loss occurred because Beijing has high oil import needs from Iran. The Japanese yen started to increase but lost value because of Japan's high oil import levels. 

The Indian GIFT Nifty index showed a decrease of 140 points which indicated that domestic markets would likely experience a downturn. 

Australia will not take part in military operations in Iran if the situation escalates into armed conflict. 

Foreign Minister Penny Wong said Canberra had not been involved in the strikes and did not anticipate future involvement. 

Wong stated that Australia does not play a key role in Middle Eastern matters. We didn’t participate in these strikes, and we wouldn’t anticipate participating in the future,” Wong said.

The United Nations security council meeting scheduled for Melania Trump will mark her first appearance at the United Nations since the outbreak of war. Her office said she would emphasize the role of education in advancing tolerance and world peace. 

The military operations continue to increase while diplomatic channels face uncertainty halting all international diplomatic activity between Israel, Iran, Hezbollah, and Gulf nations. The economic markets show increased panic regarding an extended warfare situation in the Middle East.

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