Eleventh day of war in Iran. Following Donald Trump's statements yesterday that the war is "almost over," oil prices have dropped. If Iran "stopped the flow of oil in the Strait of Hormuz," the US would hit Iran "twenty times harder" than it has done so far, Trump wrote in Truth, adding that "it is a US gift to China and all the nations that heavily exploit the Strait of Hormuz." Iranian Foreign Minister Araghchi stated that the country will continue missile attacks as long as necessary and that talks with the US are no longer on the agenda . The Pasdaran announced that they will decide when the war ends . Raids on the United Arab Emirates continue. Air defenses have been activated against Iranian missile and drone threats. Australia will deploy a surveillance plane, air-to-air missiles, and support personnel to the Middle East .

Meanwhile, oil continues to slow in US after-hours trading, hovering below the $90 mark . Asian stock markets, from Tokyo to Shanghai and Hong Kong, appear to be recovering slightly at the opening following Trump's announcements about the end of the war. The US president announced his consideration of easing sanctions on Russian crude oil after a phone call with President Vladimir Putin . Among the options being considered is the release of emergency crude oil reserves, part of a package of options to mitigate the price surge fueled by the war against Iran. The White House fears repercussions for US businesses and consumers ahead of the midterm elections.

NEWS LIVE FROM MARCH 10:

6:26 a.m. – Araghchi: "Continue the attacks as long as necessary."

Iranian Foreign Minister Abbas Araghchi said the country will continue missile strikes as long as necessary, according to AFP. Araghchi ruled out talks after US President Donald Trump declared that the war with Iran would end "very soon." The minister told US broadcaster PBS News that his country is ready to continue missile strikes and that negotiations with the United States are no longer on the agenda.

6:17 a.m. – Australia to send aircraft and air-to-air missiles to the Gulf

Australia will deploy a surveillance aircraft, air-to-air missiles, and Australian Defence Force support personnel to the Middle East, responding to a request from United Arab Emirates President Mohamed bin Zayed. Labor Prime Minister Anthony Albanese called it "an effort to help protect Australians in the region under threat of attack from Iran." He reiterated that Australia will not take offensive action against Iran and will not deploy troops on the ground in any offensives led by the United States and Israel.

6:13 AM – New attack from Iran against the United Arab Emirates

The United Arab Emirates faced a new attack by Iranian drones and missiles on the eleventh day of the Middle East conflict, the Ministry of Defense said, according to AFP. "The UAE's air defenses are currently responding to missile and drone threats from Iran," the ministry wrote on X.

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