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The Latest Breaking News from Iran

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.

AAP

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 Economic Times

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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 Guardian - UK

'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 Times of India

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 Economic Times

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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.”

The Times of India

Supercomputer Predicts USMNT’s Route to 2026 World Cup Final: Messi, Ronaldo Await

A daunting series of global giants stand between the USMNT and the World Cup final.

Sports Illustrated

Iran-US war latest: Trump says ‘let the oil flow’ as he announces peace deal with Tehran

The Pakistan-mediated peace deal will be formally signed in Switzerland later this week

The Independent UK

Netanyahu says Trump assured him final Iran deal will mandate removal of enriched uranium

President Trump assured Prime Minister Netanyahu that a deal with Iran would ensure Tehran surrenders its nuclear stockpile. This understanding would also limit Iran's nuclear and missile programs. Iranian officials, however, have not confirmed a final agreement. The US president previously threatened military action but later called it off due…

The Economic Times

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

Asian shares have climbed sharply, tracking big Wall Street gains, and oil prices slipped more than 1% after U.S. President Donald Trump claimed there was a breakthrough in talks on ending the Iran war

The Independent UK

Silver soars nearly Rs 10,000 in 2 days, gold prices extend gains on Iran peace deal optimism. Big rally brewing?

Gold and silver prices extended gains for a second straight session on MCX on Friday, with silver rising 2% and gold gaining Rs 649, as falling crude prices and hopes of a US-Iran peace deal lifted sentiment. Silver has climbed 4% in two days. President Donald Trump said a deal…

The Economic Times

Why market rallied today? Sensex zooms 1,700 points, Nifty closes above 23,600. 4 key factors behind Rs 10 lakh crore gains

Sensex and Nifty surged 2% each, adding Rs 10 lakh crore in market cap, as easing oil prices and US-Iran peace hopes boosted sentiment. Broad-based gains, a stronger rupee and global market rally supported the upmove, while analysts remain cautious on geopolitical risks.

The Economic Times

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The Economic Times

BPCL, HPCL, IOCL shares rally up to 4% as oil prices hit two-month low. What are experts saying?

Indian oil marketing stocks surged as crude oil prices dropped to a two-month low amid reports of a potential US-Iran peace deal. HPCL, IOCL, and BPCL shares gained significantly on Friday. Experts, however, caution that full oil market normalization could take years even if a deal is reached.

The Economic Times

MEA appoints Rudra Gaurav Shresth as India's next Ambassador to Turkiye

Senior Indian Foreign Service officer Rudra Gaurav Shresth will be India's next Ambassador to Turkiye. Shresth, currently Ambassador to Iran, is a career diplomat with extensive experience. He has served in various diplomatic missions globally. This appointment follows recent Foreign Office Consultations between India and Turkiye. Both nations reviewed bilateral…

AAP

AAP Rolling News Bulletin June 12, 1330

AAP Rolling News Bulletin for June 12 at 1330

The Economic Times

Iran condemns US strike on vessel that killed 3 Indian crew members

Iran has strongly condemned a US attack on a commercial vessel. The incident resulted in the deaths of three Indian nationals. Iran has accused the US of "armed robbery" and "state piracy". India's Ministry of External Affairs also condemned the attack. The ministry confirmed 21 Indian crew members were rescued.…

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AAP

AAP Rolling News Bulletin June 12, 1300

AAP Rolling News Bulletin for June 12 at 1300

The Economic Times

Kospi jumps over 8% on Iran peace deal hopes; world's best-performing market up 94% YTD

South Korean stocks surged on Friday, with the KOSPI jumping as much as 8.5%, driven by optimism that Middle East tensions could ease after U.S. President Donald Trump signaled a possible Iran deal this weekend. The rally helped the index end a volatile week up 3.2%, recovering from the previous…

AAP

FED:Aussie shares surge on latest US-Iran peace deal hopes

The ASX is on track for its best day since April on renewed hopes for a Middle East peace deal, which could deliver normality for global oil and gas supplies.

AAP

Australian shares rally as traders bet on peace deal

The ASX has enjoyed 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.

France 24

US deal covers ending naval blockade, Hormuz will not return to pre-war era, Iran’s FM says

Iranian Foreign Minister Abbas Araghchi on Friday said a draft deal with the US included ending a naval blockade of Iran's ports. Tehran has decided that the administration of the Strait of Hormuz "will not return to the pre-war era", Araghchi added. Read about the day’s events as they unfolded…

The Times of India

'Armed robbery and state piracy': Iran condemns US attack on ship that killed 3 Indian sailors

Iran on Friday condemned the United States' attacks on merchant vessels carrying Indian crew members, which resulted in the deaths of three Indian nationals, describing the incidents as “armed robbery” and “state piracy.”

The Economic Times

Hormuz oil traffic rebounds as Gulf exporters find workarounds: Report

Oil shipments through the Strait of Hormuz are increasing for non-Iranian producers. This surge occurs despite ongoing tensions between Washington and Tehran. Iranian oil exports have significantly decreased. This situation impacts global oil prices. Traders are closely watching future transits. The US continues actions against vessels approaching Iranian ports.

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