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The Latest Breaking News from Iran

UK economy shrinks in April as the Iran war energy shock takes a toll

Britain's economy contracted by 0.1% in April, the first monthly fall since August 2025, as the conflict in the Middle East pushed up energy costs and prompted households to rein in their spending.

Euronews

AAP Rolling News Bulletin June 12, 1900

AAP Rolling News Bulletin for June 12 at 1900

AAP

World shares surge and oil prices slip over 4% after Trump claims a breakthrough in Iran war talks

World shares have advanced in the wake of big Wall Street gains, while oil prices tumbled more than 4% after U.S. President Donald Trump claimed there was a breakthrough in talks on ending the Iran war

AAP

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AAP Rolling News Bulletin June 12, 1830

AAP Rolling News Bulletin for June 12 at 1830

AAP

Oil price falls to three-month low and stocks rally on hopes of US-Iran deal

Financial markets were rebounding at the end of a week which began with renewed tensions in the Middle East.

Evening Standard

Trump calls off latest threats to strike Iran, citing a breakthrough in talks to end the war

U.S. President Donald Trump has called off new military strikes on Iran, hours after threatening to escalate the war

AAP

The deal that could reopen Strait of Hormuz: What Trump and Iran are negotiating

The US and Iran have tentatively agreed on a memorandum of understanding that would reopen the Strait of Hormuz and pause fighting for 60 days, but the deal still needs final approval from Iran's supreme leader, according to officials cited by Axios.

The Times of India

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'Not a great environment for Indian market': Harsha Upadhyaya on Iran-US tensions, IT outlook, pharma bet, and where to be cautious

Global challenges are impacting Indian stocks. West Asian tensions and rising US inflation create headwinds. Tech sector shifts also affect markets. Kotak AMC's Chief Investment Officer advises caution. Pharma and healthcare offer a defensive haven. Metals require trimming positions. IT services face structural slowdowns. Foreign investor flows remain a key…

The Economic Times

Why are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise again? Market reacts to Iran peace deal hopes and rate concerns

Why are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise again? Oil, gold and silver prices moved lower after reports that the United States and Iran could reach a peace agreement. Brent futures and US…

The Economic Times

Is Trump actually close to agreeing deal to end war in Iran? What we know

IN FULL

The Independent UK

Japan's Nikkei ends nearly 3% higher on renewed hopes for Middle East peace

Japanese stocks surged on Friday, with the Nikkei index climbing close to 3 percent. Investors reacted positively to news of a potential peace deal between the United States and Iran. Chip-related companies saw significant gains. Banks also advanced ahead of a Bank of Japan policy meeting. The market experienced volatility…

The Economic Times

World shares surge and oil prices slip after Trump claims a breakthrough in Iran war talks

World shares have advanced in the wake of big Wall Street gains, while oil prices slipped more than 1% after U.S. President Donald Trump claimed there was a breakthrough in talks on ending the Iran war

AAP

Israeli air campaign intensifies across southern Lebanon

An early morning strike in Nabatiyeh capped a week of escalating hostilities that saw the US and Iran exchange direct fire. While Israel continues to reject Tehran's demands for a linked ceasefire with Hezbollah, the relentless bombardment has left the southern Lebanese border deserted.

Euronews

US military says it downed Iranian attack drones – as it happened

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The Guardian - AU

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The Guardian - UK

Has the US really carried out a secret mission to get oil through Hormuz?

Trump says hundreds of tankers have escaped Iran’s blockade. Data suggests shipments are increasing but many questions remain

The Economic Times

India bonds surge as oil nears 8-week low on US-Iran deal hopes

Indian government bonds rallied early Friday as oil prices plunged, with Brent crude futures easing nearly 2% to $88.66 per barrel. This decline, driven by hopes of a U.S.-Iran peace deal, boosted demand ahead of a significant debt auction. The benchmark 10-year U.S. Treasury yield also eased, contributing to the…

The Independent UK

UK economy shrank by 0.1% in April following impact of Iran war

Rachel Reeves acknowledged that the war in the Middle East was hitting the economy

AAP

FED:Australian shares rally as traders bet on peace deal

The ASX has had its best day since April as markets bet once more on hopes for a breakthrough in US-Iran peace talks, sending oil prices to two-month lows.

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The Economic Times

Nifty Bank surges 700 points to one-month high; HDFC Bank, Yes Bank, PNB, other stocks rise 2%. What lies ahead?

Bank stocks saw a significant jump on Friday, propelling the Nifty Bank index to a one-month peak. This surge followed news of a potential peace deal between the US and Iran. Oil prices declined and the Indian Rupee strengthened, boosting overall market sentiment. Several major bank stocks experienced gains, indicating…

The Economic Times

Iran war puts Bangladesh’s nascent industrial dreams at risk

Bangladesh's economic growth is threatened by an energy shortage, leaving new industrial facilities idle. The country faces painful impacts from the Middle East conflict, leading to increased energy costs and power rationing. Businesses are investing in renewables and exploring domestic gas, but immediate challenges persist.

The Guardian - UK

UK economy shrank by 0.1% in April as Iran war held back growth

GDP hit by higher energy prices caused by Middle East conflict, after 0.3% rise in March

The Times of India

'Netanyahu was not warned in advance': Israeli PM blindsided as Donald Trump scrapped Iran strike plans

US President Donald Trump surprised Israeli Prime Minister Benjamin Netanyahu by cancelling planned strikes against Iran and announcing a potential diplomatic deal within days. Trump claimed Iran's leadership approved a draft framework, aiming to extend a ceasefire and reopen the Strait of Hormuz. Netanyahu, reportedly caught off guard, had urged…

The Economic Times

From white knuckles to open barbs, Trump, Macron bring rocky history to G7 summit

The bond between US President Donald Trump and French President Emmanuel Macron began with a firm handshake but has since seen open disagreements. Tensions are expected at the upcoming G7 summit in France. Early on, Macron managed Trump's mercurial nature, but the bromance has faded. Now, they openly trade barbs…

The Economic Times

Gold and silver ETFs gain up to 5% on US-Iran peace hopes. Should investors add exposure now?

Gold and silver ETFs gained sharply on Friday as precious metal prices rallied amid optimism over a potential US-Iran peace agreement. Experts advise investors to maintain 5–10% portfolio exposure through Gold ETFs and silver funds, using a staggered investment approach and avoiding panic-driven decisions.

The Times of India

Has Donald Trump ruled out a strike on Iran's Kharg Island?

US President Donald Trump said on Thursday (local time) that a possible operation to seize Iran’s key Kharg Island would be “off the table” if both sides sign an agreement to end the war, which he said could be reached “as early as this weekend.”

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