The Southern Company

(New York Stock Exchange)
Very Bearish -75

US-Israel-Iran War LIVE: War Enters Second Month As Tehran Warns US-Israeli Universities

βš”οΈ The US-Israel-Iran war has now entered its fourth week with airstrikes by the United States and Israel hitting Tehran and Isfahan.

🏭 Iranian officials warned that Iran would exact a heavy price for attacks on its nuclear and industrial sites.

πŸ’₯ Over 92,600 civilian units have been reported damaged in the conflict with more than 1,900 deaths recorded in Iran.

πŸͺ‚ Syria’s forces repelled drone attacks launched from Iraq targeting U.S. military bases in Qasrak and al-Tanf.

βš“ Yemen’s Houthi rebels announced their entry into the war by launching a missile towards Israel following previous Israeli strikes on Iranian targets.

🚒 The conflict raises concerns about disruptions to Red Sea shipping and the potential closure of the Strait of Hormuz.

πŸ˜” An Israeli soldier from Connecticut was killed in combat in southern Lebanon, bringing the total number of fatalities since March 2 to five.

🌍 Protests against the war on Iran were held in cities across Europe and the United States.

β›½ Rising fuel costs are impacting Cambodia, with diesel and LPG prices increasing while gasoline prices fell slightly after import duty reductions.

🚨 Hezbollah carried out rocket and drone attacks targeting towns like Metula, Shtul, and Golan Heights, citing Israeli military objectives.

🀝 The Israeli embassy in Tokyo refused to accept a statement from Japanese atomic bomb survivors criticizing the war.

πŸ’€ An Israeli airstrike in southern Lebanon killed three journalists covering the conflict, including correspondent Ali Shoeib.

πŸ”« The Israeli military accused one of the deceased journalists of being a Hezbollah intelligence operative without providing evidence.

Bullish Signals
  • Syria's defense forces successfully repelled drone attacks from Iraq targeting U.S. bases on March 29, 2026, with no casualties reported.
  • On March 29, 2026, regular gasoline prices in Cambodia recovered to 5,000 riels ($1.25) after government measures included reducing import duties and taxes on fuel products.
  • The Israeli Embassy in Tokyo declined a nuclear ban statement from survivors without reading it, suggesting the council's message may not resonate with Japanese officials.
  • President Trump has publicly criticized NATO allies for their limited support, potentially signaling a shift in U.S. diplomatic strategy and increased commitment to the region.
Risk Factors
  • Civilian casualties are escalating with over 1,900 deaths reported in Iran and 92,600 civilian units damaged as the conflict enters its fifth week.
  • Amirkabir University in Tehran was directly damaged by US and Israeli airstrikes on March 28, disrupting higher education infrastructure.
  • Rising fuel costs are impacting global markets, with diesel prices in Cambodia increasing 1.4% to $1.8 per litre following the war's spread.
  • There is growing concern about potential disruptions to Red Sea shipping and the closure of the vital Strait of Hormuz due to Yemeni Houthi intervention.
  • Five Israeli soldiers have been killed in fighting in south Lebanon since Hezbollah launched attacks on March 2, representing continued personnel losses.
  • Three journalists covering the war were killed by an Israeli airstrike on southern Lebanon on March 28, raising international concerns about press safety.
  • The conflict has caused black smoke to rise over Tehran and Isfahan following airstrikes targeting missile production facilities on March 28.
Full Analysis
The war between the United States, Israel, and Iran has now entered its fourth week, with escalating airstrikes and retaliatory measures intensifying across the region. On March 28, US and Israeli strikes hit targets in Tehran and Isfahan, damaging infrastructure including Amirkabir University in Tehran. Iranian Foreign Minister Abbas Araghchi warned that Iran would exact a heavy price for the attacks on its nuclear and industrial sites, while President Trump criticized NATO allies for limited support, describing the conflict as creating a new Middle East order. The Iranian Red Crescent reported over 92,600 civilian units damaged, with more than 1,900 deaths reported in Iran overall as the conflict entered its fifth week. Regional tensions continue to spread as Syria repelled drone attacks from Iraq targeting U.S. military bases on March 29, 2026, with Syrian defense minister Sipan Hamo demanding Iraq prevent further incidents. Meanwhile, Yemen's Houthi rebels launched a missile toward Israel following Iran's involvement, raising concerns about disruptions to Red Sea shipping and the Strait of Hormuz. On the ground in south Lebanon, Israeli forces have suffered casualties; Sergeant Moshe Yitzchak Hacohen Katz, 22, was killed in combat on March 29, marking the fifth death since Hezbollah began rocket attacks on March 2. The Israeli military claimed a strike in southern Lebanon targeting journalist Ali Shoeib, but his TV station al-Manar reported he had been covering the war, with Hezbollah confirming his killing. Civilian and economic impacts are widening beyond the combat zones. Diesel and liquefied petroleum gas prices rose in Cambodia as of March 29, 2026, due to the conflict's ripple effects, though gasoline prices saw a temporary decline after tax reductions on March 20. Protests against the war have erupted in European and U.S. cities. Diplomatic friction has also surfaced, with the Israeli Embassy in Tokyo refusing to accept a statement from atomic bomb survivor groups who criticized the US-Israel campaign against Iran. The conflict continues to attract global scrutiny amid reports of strikes on media outlets and escalating cross-border violence involving regional proxies.