Trump threatens to destroy Iran power plants as reports emerge of downed U.S. F-35


A general view of Tehran with smoke visible in the distance after explosions were reported in the city, on March 2, 2026 in Tehran, Iran.

Contributor | Getty Images

U.S. President Donald Trump on Thursday threatened to destroy Iran’s bridges and power plants, saying the “New Regime leadership knows what has to be done, and has to be done, FAST!” in a Truth Social post.

Trump did not elaborate on what needed to be “done,” but said the U.S. “hasn’t even started destroying what’s left in Iran.”

Hours later, Iran’s semi-official Tasnim news agency reportedly claimed that a U.S. F-35 fighter jet was shot down over central Iran. Images of the jet were posted on Telegram, with one photo that appeared to show the words “U.S. Air Forces in Europe” on what appeared to be the tail section of a plane.

The U.S. Central Command, which oversees the region, and Iranian authorities did not respond to a request for comment at the time of publication.

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Trump’s latest threat came a day after a nationwide address in which he said the U.S. military would hit Iran “extremely hard” for the next two or three weeks. He added that the U.S. would “bring them back to the Stone Ages where they belong.”

Hours after his speech, Iranian Foreign Minister Abbas Araghchi struck a defiant tone on X, saying that “there was no oil or gas being pumped in the Middle East back then,” referring to Trump’s stone age remarks.

“Are POTUS and Americans who put him in office sure that they want to turn back the clock?” Araghchi said.

Iran has effectively shut tanker traffic through the Strait of Hormuz, a vital global oil route, after the U.S. and Israel attacked the country on Feb. 28.

‘Stone age’ threats

Trump has repeatedly threatened to send Iran back to the “stone age” as the war entered its second month and the U.S. military build-up in the Middle East showed no signs of slowing.

Despite reports of overtures from the U.S., including ceasefires and a 15-point peace plan to end the war, Iran has publicly contradicted multiple reports about negotiations with the Trump administration on numerous occasions.

Tehran had described the 15-point proposal as “extremely maximalist and unreasonable,” according to an Al Jazeera report on March 25, citing a high-ranking diplomatic source.

Trump said Wednesday that Iran’s “New Regime President” had asked Washington for a ceasefire, a claim that Tehran has denied. Trump has not specified who the “President” is.

“We will consider when Hormuz Strait is open, free, and clear. Until then, we are blasting Iran into oblivion or, as they say, back to the Stone Ages!!!,” he wrote.

Trump threatens to destroy Iran power plants as reports emerge of downed U.S. F-35

Attacks on power plants could constitute a war crime and violate international law, legal experts said.

In a letter dated Thursday and signed by over 100 law experts, the group said international law prohibits attacks on “objects indispensable to the survival of civilians, and the attacks threatened by Trump, if implemented, could entail war crimes.”

Trump had also earlier said that he could target water desalination plants in Iran.

China, Russia and France veto

The Gulf Cooperation Council on Thursday called on the United Nations Security Council to take “all necessary measures to ensure the immediate cessation of Iranian aggressions against the Council states.”

The six countries in the Gulf Cooperation Council — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates — have come under attack from Iranian missiles and drones as the war entered its second month.

Freedom of navigation or toll fees? Trump's definition of an 'open' Strait of Hormuz is unclear

The Kuwait Petroleum Corporation said that its Mina al-Ahmadi refinery was hit by drones early on Friday.

Jassim Albudaiwi, Secretary-General of the Gulf Cooperation Council, said that while the bloc does not seek war, Iran had “exceeded all red lines” and described Tehran’s attacks as “treacherous.”

Bahrain, the current rotating president of the Security Council, has led an effort to pass a U.N. resolution to ​authorize “all necessary means” to protect commercial shipping in and around the Strait of Hormuz.

But the proposal reportedly stalled after veto-wielding Security Council members China, Russia and France objected to the draft resolution, which would have authorized military action against Iran.

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Gold and silver in freefall as investors flee safe haven metals trade


Gold, silver and platinum resumed their recent sell-off this week, falling sharply as investors continue to retreat from precious metals as a safe haven trade amid the ongoing war in Iran.

The price of spot gold was seen 7.8% lower shortly after 7:30 a.m. in London (3:30 a.m. ET) on Monday, at $4,126.36.80.

Gold futures were down almost 10% at $4119.10, the lowest level seen so far in 2026.

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Gold and silver in freefall as investors flee safe haven metals trade

Gold spot.

The precious yellow metal lost almost 10% last week in its worst showing since September 2011. Spot gold has now lost around 25% since hitting a record high of $5,594.92/oz at the end of January.

Spot silver, meanwhile, was down 8.3% at $62.24, a year-to-date low and almost half of its $117 level on Feb. 28, when the Iran war began. Silver futures were trading 11.7% lower on Monday at $61.66.

Stock Chart IconStock chart icon

Gold and silver in freefall as investors flee safe haven metals trade

Silver futures.

The sell-off extended to other precious metals, with platinum futures plummeting 10.6% to $1,760.90, while palladium dropped 6.7% to $1,347.50.

The retreat from gold — which is traditionally seen as a key safe haven asset in times of market turmoil — chimes with the ongoing risk-off sentiment in markets as the Iran conflict fuels concerns over inflation and rising energy prices.

The prospect of higher interest rates as a result of the war could boost government bonds among investors, at the expense of non-yielding precious metals, market strategists told CNBC recently.

However, euro zone government bond yields were once again moving higher in early trading on Monday as the conflict’s latest escalation left few hiding places for investors.

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Israel says it has killed Iran’s intelligence minister in third assassination in two days


Iran’s then incumbent Minister of Intelligence Esmail Khatib (C) sits with Iran’s President Masoud Pezeshkian (C-R) before a speech to members of parliament in the capital Tehran, on August 17, 2024, as he defends his cabinet selection.

Atta Kenare | Afp | Getty Images

Israel’s Defense Forces said Wednesday that Iran’s Intelligence Minister Esmail Khatib had been killed in a “targeted strike” in Tehran, marking the third assassination of a high-ranking official in just two days.

“Khatib played a significant role during the recent protests throughout Iran, including the arrest & killing of protestors and led terrorist activities against Israelis & Americans around the world,” the IDF said in a post on social media.

“Similarly, he operated against Iranian citizens during the Mahsa Amini protests (2022–2023),” they added.

Iran has not yet commented on reports of Khatib’s death.

It comes after Israel said Tuesday that Iran’s top security official Ali Larijani and the commander of Iran’s Basij forces, Gholamreza Soleimani, had both been killed. Iran’s official judiciary news agency later confirmed the killing of Soleimani, the Associated Press reported.

According to AP, Iran’s Supreme National Security Council released a statement confirming Larijani was killed “along with his son Morteza Larijani and the head of his office, Alireza Bayat, as well as several guards.”

The IDF said Khatib was appointed to his position in 2021 by Iran’s late supreme leader, Ayatollah Ali Khamenei, who was killed in strikes aimed at high-ranking Iranian officials at the beginning of the war on Feb. 28.

Iran has since retaliated by attacking its Gulf neighbors and targeting ships trying to pass through the strategically vital Strait of Hormuz.

Read more U.S.-Iran war news

The U.S. and Israeli-led war against Iran entered its 19th day on Wednesday, with Israel launching a series of strikes on Lebanon’s capital of Beirut as it continues its offensive against Tehran-backed militant group Hezbollah.

Iran and its allied military groups have launched a series of retaliatory strikes across the Middle East, amplifying fears of a sprawling regional crisis.

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