US Secretary of State Rubio says Iran was producing hundreds of missiles a month; US is doing successfully in removing the Iranian Navy threat

The comments from Secretary of State Rubio highlight escalating concerns regarding Iran's military capabilities, particularly its missile production, which could signal increased tensions in the region.

Newsquawk StaffPublished 2 Mar 2026, 21:08 UTCOn the live feed at 20:48 UTC — 7 more headlines followed before this page went public

Newsquawk headlinesUTC

20:52

US President Trump says to watch Sean Hannity tonight at 21:00 EST/ 02:00 GMT, where Israel PM Netanyahu will be interviewed

20:50

Israeli military issues evacuation warning for several towns in Lebanon, signaling imminent strike

20:48

US Secretary of State Rubio says Iran was producing hundreds of missiles a month; US is doing successfully in removing the Iranian Navy threat

20:43

US FX WRAP: Dollars soars to detriment of peers as Middle East conflict dominates the tape

20:40

TREASURY WRAP: T-NOTE FUTURES (H6) SETTLE 23+ TICKS LOWER AT 113-02+

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Regime change is not an explicit objective of the mission.
Not postured for ground forces in Iran.
Hardest hits yet to come in Iran.

Context

This situation is pivotal given its potential impact on oil prices, as further military action might disrupt oil supply routes, especially in the context of WTI prices. Investors should watch for market reactions in energy assets and consider safe haven plays in light of these developments.

Energy · last 90 days

Recent headlines that moved markets

ENERGY/27 Aug · 17:46

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

Brent crude, after we published+1.4%

Brent (X6) futures rose shortly after the headline, in turn weighing on the bond complex.

ENERGY/25 Aug · 19:26

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

−2.4%Brent crude

ENERGY/2 Sep · 11:13

Saudi Foreign Ministry says it has urged all parties to remain calm, halt escalations and respect international law and return to negotiations

−0.6%WTI crude

ENERGY/31 Aug · 14:29

US Treasury Secretary Bessent says oil prices will come down, CNBC Interview; says Trump has been saying Iran is not ready to make a deal

−0.6%Brent prices

ENERGY/25 Aug · 09:36

US is reportedly mulling returning diplomats to Middle Eastern embassies as soon as this week, NYT reports; "suggesting that the Trump administration does not anticipate a return to all-out hostilities"

−0.5%Brent crude

ENERGY/25 Aug · 08:24

Pakistani Army Chief Munir conveyed an offer to Iran, from the US, to halt the siege and lift sanctions under the MOU, in exchange for opening the Strait of Hormuz and stopping proxy attacks, Al Arabiya/Al Hadath sources report

−0.5%Brent crude

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.