As the Middle East conflict reaches the one-month mark on March 28, hostilities continue with no clear progress toward a ceasefire.

In the latest developments, exchanges of fire have persisted. US President Donald Trump has postponed intended strikes on Iran's energy grid for 10 days, while stating that talks are "going very well." Iranian authorities have denied any direct communication with the United States. Israel said it would intensify its operations following a missile attack from Iran that injured nine people.

The conflict has resulted in significant casualties across the region. In Iran, more than 1,900 people have been killed and around 20,000 wounded, according to the International Federation of the Red Cross and Red Crescent Societies. Lebanon has also reported over 1,000 deaths amid ongoing cross-border tensions.

The impact has extended beyond the region. Market expectations for a near-term de-escalation have weakened, contributing to volatility in global financial markets and upward pressure on oil prices. The OECD said in its latest outlook that global economic growth is projected to slow to 2.9% in 2026, citing the Middle East situation as a contributing factor. Stay tuned for more updates on CGTN.