Iran news and live updates: Pete Hegseth declares America ‘didn’t start this war but we’re finishing it’

RECAP: US Secretary of Defence Pete Hegseth has spoken to the media, saying Iran’s regime was ‘gifted death from America and death from Israel’.

Katherine Kraayvanger, Kimberley Braddish, Madeline Cove and Matt Shrivell
The Nightly
A US fighter aircraft was hit by an Iranian missile over Kuwait on Monday.

THE NIGHTLY: Read the recap of today’s events below.

Key events

02 Mar 2026 - 08:20 PM

Two drones intercepted over British air base in Cyprus

02 Mar 2026 - 07:53 PM

Hezbollah’s military activity ‘illegal’: Lebanese government

02 Mar 2026 - 07:47 PM

15 injured as Iran strikes southern Israel

02 Mar 2026 - 07:45 PM

Ship traffic through Gulf of Hormuz plummets

02 Mar 2026 - 07:38 PM

Iran to appoint a new Supreme Leader ‘quickly’: Cleric

02 Mar 2026 - 07:31 PM

Iran bombs Qatari power plant, prompting swift backlash

02 Mar 2026 - 07:15 PM

US confirms fighter jets shot down by Kuwaiti ‘friendly fire’

02 Mar 2026 - 07:10 PM

IDF bombs Tehran, targets regime leaders

02 Mar 2026 - 06:22 PM

France ‘ready’ to defend Gulf countries

02 Mar 2026 - 06:14 PM

Albanese reiterates firm position against Iranian regime

02 Mar 2026 - 06:07 PM

Iran claims it targeted US fighter aircraft which crashed over Kuwait

02 Mar 2026 - 05:50 PM

US-Israeli strikes targeted Iranian nuclear facility, ambassador says

02 Mar 2026 - 05:44 PM

Beirut attacked by warplanes as part of Israeli offensive

02 Mar 2026 - 05:37 PM

Oil and natural gas prices spike as markets open

02 Mar 2026 - 05:32 PM

Israeli President pictured at Tel Aviv strike site

02 Mar 2026 - 05:26 PM

Senior Hezbollah member hit, Israel says

02 Mar 2026 - 04:54 PM

Saudi oil refinery attacked

02 Mar 2026 - 04:44 PM

Major Iranian city hit by strikes, agency reports

02 Mar 2026 - 04:34 PM

Lebanon offensive could be ‘prolonged’: Israel

02 Mar 2026 - 04:26 PM

Millions of Iranians without internet

02 Mar 2026 - 04:08 PM

Iranians killed in strikes on residential area, agency says

02 Mar 2026 - 04:05 PM

‘Several’ US warplanes crash in Kuwait

02 Mar 2026 - 04:01 PM

Read The Nightly now

02 Mar 2026 - 03:45 PM

‘Huge amount’ of proof to justify strikes on Iran, Israeli President says

02 Mar 2026 - 03:12 PM

Iranian missiles hit Dubai base where Aussies are stationed

02 Mar 2026 - 02:36 PM

Israeli ‘offensive campaign’ on Lebanon to last several days

02 Mar 2026 - 02:12 PM

At least 31 killed in Israeli airstrikes on Lebanon

02 Mar 2026 - 01:37 PM

Explosions reported in Jerusalem, Gulf cities after Iranian missile alert

02 Mar 2026 - 01:36 PM

Israel to escalate strikes on Lebanon amid Hezbollah attacks

02 Mar 2026 - 01:28 PM

‘We will not negotiate with US’: Iran security official

02 Mar 2026 - 01:02 PM

Eye-watering price Aussies could soon fork out for petrol

02 Mar 2026 - 12:21 PM

‘Strikes continue’: Unites States Central Command releases footage

02 Mar 2026 - 11:26 AM

Suspected drone strike sparks response at UK Cyprus base

02 Mar 2026 - 10:52 AM

Chris Minns condemns Sydney mosque for mourning Ayatollah

02 Mar 2026 - 10:08 AM

Australians warned to brace for global travel disruption amid Middle East conflict

02 Mar 2026 - 09:28 AM

Explosions heard in Tel Aviv as Israeli strikes hit Beirut

02 Mar 2026 - 09:19 AM

Israel retaliates after Hezbollah rocket fire from Lebanon

02 Mar 2026 - 08:55 AM

The Aussie stocks being hit hardest by the Iran war amid rising oil prices

02 Mar 2026 - 07:55 AM

Foreign Minister says she hasn’t been in contact with US State Secretary

02 Mar 2026 - 06:23 AM

UK authorises the use of British military bases in the Middle East

Madeline Cove

Hezbollah responsible for Lebanon missile strike

The Israel Defence Forces (IDF) has confirmed that missiles launched from Lebanon were fired by Hezbollah, according to Hebrew-language reports cited by The Times of Israel.

The strike marks the first time the Iran-backed group has targeted Israel since a US-brokered ceasefire between Israel and Lebanon came into effect in November 2024. The truce had largely held for months following a period of sustained cross-border exchanges.

The Aussie stocks being hit hardest by the Iran war amid rising oil prices

The escalating war with Iran prompted investors to dump travel and airline stocks after the Australian stock market opened on Monday, with five major airports closed across the Middle East.

Shares in national airline Qantas slumped 10 per cent at the open to $8.92 as Iranian strikes on Dubai Airport and across the Middle East’s key transport hubs unleashed global travel chaos.

Leisure and corporate travel bellwether Flight Centre dropped 6 per cent as investors bet the conflict could drag out for weeks or even months. Tech stocks also dived again as investors abandoned risk in favour of government bonds, cash, or hard assets.

After the first hour of trade, the S&P/ASX 200 was down 0.4 per cent, with the Australian dollar 0.8 per cent lower to US70.6¢.

Read more.

Madeline Cove

How the Iran strikes could leave China and Russia weaker

Donald Trump’s former national security adviser, John Bolton, says China and Russia may be in a weaker position to cause trouble as a result of the US strikes on Iran.

Speaking exclusively to The Nightly, Ambassador Bolton said Russia and China, which have deepened their cooperation since President Vladimir Putin’s illegal invasion of Ukraine in 2022, had suffered significant setbacks with the death of Iran’s Supreme Leader Ayatollah Ali Khamenei and the decapitation of Iranian leadership.

Mr Bolton, who has been a strident critic of Mr Trump since departing as one of his many national security advisers in the first administration, praised the US President’s decision to strike Tehran alongside Israel on Saturday.

Read more here.

Caitlyn Rintoul

Foreign Minister says she hasn’t been in contact with US State Secretary

Foreign Minister Penny Wong says she hasn’t been in contact with US counterparts amid their joint strikes with Israel in Iran.

Their offensive has prompted Iran to hit several other nations in the Middle East with retaliatory attacks.

“We have had discussions or engagement as is usual at officials’ level,” Senator Wong said.

“I haven’t spoken to (US) Secretary (Marco) Rubio and I wouldn’t expect to.

“We are not central to these issues in the Middle East.

“We understand the reasons for the actions that have been taken and we support action to ensure Iran does not ever obtain a nuclear weapon.”

Caitlyn Rintoul

Aussies abroad urged to check travel insurance amid conflict

Smartraveller has advised Australians not to travel to most destinations in the Middle East.

This includes Bahrain, Iran, Iraq, Israel, Kuwait, Lebanon, Palestine, Qatar, Syria, the United Arab Emirates and Yemen.

Australians should reconsider the need to travel to Jordan, Oman and Saudi Arabia.

Foreign Minister Penny Wong said Australians should closely monitor events and local media, check directly with their travel agent or airlines to confirm their plans, review their travel insurance to understand what is covered and follow Smartraveller for the latest advice and subscribe for updates.

Iran conflict - Crowds outside Perth Airport overnight as flights were cancelled due to the conflict in Iran.
Iran conflict - Crowds outside Perth Airport overnight as flights were cancelled due to the conflict in Iran. Credit: 7NEWS/7NEWS

“Australians overseas should be prepared for serious travel disruptions in the days ahead due to the conflict in the Middle East,” she said.

“We understand this will be a challenging time for many people.”

Iran conflict - Perth Airport overnight as flights were cancelled due to the conflict in Iran.
Iran conflict - Perth Airport overnight as flights were cancelled due to the conflict in Iran. Credit: 7NEWS/7NEWS

The Department of Foreign Affairs and Trade has activated its 24/7 Crisis Centre to provide consular support to Australians in the region.

Caitlyn Rintoul

Wong says about 115,000 Australians in the Middle East

Foreign Minister Penny Wong says about 115,000 Australians are believed to be in the Middle East amid the Iranian conflict.

Thousands of flights have been disrupted across the world since the onset of US-Israel strikes on Iran, with Senator Wong also noting about 11,000 Australians had been coming in and out of Australia via Etihad, Emirates and Qatar airlines.

“On estimates, we have about 115,000 Australians in the region. So, there are a lot of Australians in the region,” she said.

“My first priority is to do everything we can to keep Australians safe. Obviously, it’s very difficult at the moment for the government to provide a great deal of assistance in circumstances where flights are being cancelled, disrupted and airspace is closed.”

She urged people in the region to register on the DFATs online portal which was launched on Sunday.

Caitlyn Rintoul

UK authorises the use of British military bases in the Middle East

The UK has authorised the use of British military bases in the Middle East following a request from the US.

Prime Minister Keir Starmer says the UK is “not joining these strikes” on Iran but it would provide the bases for “specific and limited defence purposes”.

“Our partners in the Gulf have asked us to do more to defend them,” he said.

“The only way to stop the threat is to destroy the missiles at source in their storage depots or the launchers which are used to fire the missiles.

“The US has requested permission to use British bases for that specific and limited defensive purpose. We have taken the decision to accept this request.”

Read the full story here.

Matt Shrivell

‘We expect casualties’: Trump says American deaths expected

Donald Trump says the deaths of at least three American soldiers was expected.

Soon after the US military confirmed the military personel had been killed, the US President said “we expect casualties with something like this.”

“We have three, but we expect casualties, but in the end it’s going to be a great deal for the world,” Trump told NBC News.

US Central Command also confirmed on Sunday that five US service members had been wounded in military operations against Iran.

Matt Shrivell

‘Four week process’: Trump discloses Iran conflict timeline

US President Donald Trump says the attacks on Iran could go on for at least the next four weeks.

“It’s always been a four-week process. We figured it will be four weeks or so. It’s always been about a four-week process so - as strong as it is, it’s a big country, it’ll take four weeks - or less,” the Daily Mail reported is reporting.

When asked if he is still open to negotiation the President added: “I don’t know, they want to talk, but I said you should have talked last week, not this week.”

Matt Shrivell

Trump says US is ‘going after’ the whole Iranian navy

US President Donald Trump says that a second day of strikes agaist Iran has crippled Iran’s navy.

After the US executed strikes in Iran that killed dozens of top officials and the Iranian supreme leader Mr Trump said there have been major strikes against navl targets.

“I have just been informed that we have destroyed and sunk 9 Iranian Naval Ships, some of them relatively large and important,” Mr Trump said.

“We are going after the rest — They will soon be floating at the bottom of the sea, also!”

“In a different attack, we largely destroyed their Naval Headquarters.”

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