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The Latest Breaking News from Iran

Trump declares ‘I love the inflation’ after latest report shows highest price increases in years

Gas prices have shot up more than 50 percent since the war started February 28

The Independent UK

US and Iran’s exchange of strikes shows how far diplomacy has changed

The US military launched strikes against Iran on June 9 in response to the downing of a US Army helicopter near the Strait of Hormuz a day earlier. These strikes, which the US military called “a proportional response to unjustified Iranian aggression”, came after Donald Trump claimed he was in…

The Conversation

Iran will ‘pay the price’ warns Trump as peace talks collapse again

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The Independent UK

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US and Iran exchange strikes for second day, as ceasefire appears close to collapse

Explosions reported across Iran after Donald Trump vowed to ‘hit them hard again’, with Bahrain, Kuwait and Jordan targeted by Tehran

The Guardian - UK

US strikes Iran-bound tanker near Oman, sparking India protest over missing crew

US Central Command said it fired on the Palau-flagged Settebello after the crew ignored orders, hitting its engine room as the vessel attempted to carry Iranian oil in violation of the US blockade.

Euronews

Oil Climbs, Stocks Struggle After US Launches New Strikes on Iran as BofA Urges Investors to Book Profits

Oil prices rose while gold fell following fresh US strikes on Iran, threatening a fragile truce. Bank of America warns investors of potential market corrections, urging them to book profits.

International Business Times UK

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Wall Street points toward another tech sell-off while oil prices jump after US attack on Iran

The technology sell-off on Wall Street dragged into another day and oil prices rose after the U.S. military launched attacks against Iran

AAP

Trump says Iran will ‘pay the price’, hints at fresh strikes on power plants and bridges

Iran faces consequences for refusing a deal with the US. President Trump stated Iran's military is weak and has been defeated. Recent US airstrikes targeted Iranian sites in response to attacks. Iran retaliated with claims of attacks in Kuwait, Bahrain, and Jordan. The ongoing conflict impacts the global economy and…

The Times of India

First Thing: US and Iran exchange fire as Vance says deal could be months away

Vice-president says he expects war to end in a week or a few months with ‘a deal that is good for US economically’

The Guardian - UK

Iran will 'have to pay the price' after strikes: Trump

Hours after Iran launched tit-for-tat strikes against the US, President Donald Trump says Tehran must "pay the price" for taking too long to reach a deal.

AAP

Trump Says Iran Has 'Taken Too Long To Negotiate a Deal' And Will Now 'Have To Pay The Price'

President Donald Trump anticipated an escalation against Iran after saying the country "has taken too long to negotiate a deal."

International Business Times

Trump says Iran's military 'completely defeated', warns Tehran will 'pay the price'

US President Donald Trump asserted that Iran's military has been "completely defeated," claiming its naval and air forces are virtually non-existent. He further described Iran's military as a "complete and total mess." Trump issued a stern warning, stating Tehran would "have to pay the price" if a deal with Washington…

The Economic Times

How a drone boat rescued Apache helicopter pilots stranded in darkness near Strait of Hormuz

Unmanned Navy vessel used in reconnaissance tracked down two airmen in the waters off Oman and delivered them to safety in what is believed to be a historic first for the U.S. military

The Independent UK

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The Economic Times

Trump presence at NATO summit 'significant' for alliance's stability: Turkey's Prez Erdogan

President Trump's presence at the NATO summit in Ankara next month is vital for the alliance's stability. This meeting is considered highly important. Tensions have risen within NATO due to the US bombing of Iran and Spain's refusal to allow base usage. Turkey is preparing to make the summit a…

Barchart

Nasdaq Futures Plunge as Tech Selloff Deepens, U.S. Inflation Data in Focus

June Nasdaq 100 E-Mini futures (NQM26) are down -1.61% this morning as investors continued to trim exposure to the technology sector, with the focus now turning to key U.S. inflation data.

Salon

Get used to $5 gas

Even if the war ends now, it will take months for prices to come down

The Economic Times

Suez Canal sees oil tanker surge amid Strait of Hormuz disruption

Egypt's Suez Canal saw a significant rise in oil tanker traffic and revenue in April. This surge is linked to the closure of the Strait of Hormuz, forcing ships to use the Red Sea route. Broader vessel traffic also increased. This unexpected boost benefits Egypt's foreign exchange earnings, though overall…

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The Economic Times

Water cut off for thousands of Iranians after US strikes: State media

US strikes on two reservoirs in Sirik, Iran, have left 20,000 residents without drinking water amid extreme heat. The attacks, in retaliation for Iran downing a US helicopter, have severely impacted the region's water supply, with insufficient groundwater to compensate. Iran condemned the strikes as a false pretext and retaliated…

The Independent UK

Iran threatens ‘widespread’ attacks after tit-for-tat strikes

Iran has warned of "even more severe and widespread attacks" if the US military continues its strikes, following the alleged downing of an American helicopter. Tehran's forces subsequently launched at least four ballistic missiles and several drones targeting US bases in Bahrain, Kuwait, and Jordan. Iran's Revolutionary Guard claimed its…

Bangkok Post

Iran attacks US bases in Jordan and Bahrain

TEHRAN - Iran attacked American bases in Jordan and Bahrain on Wednesday, warning its Gulf neighbours that they had a "responsibility" to stop the United States and Israel from using their territory to strike the Islamic republic.

France 24

Iran ‘playing us for suckers’, Trump says, US will attack them ‘very hard’

President Donald Trump on Wednesday accused Tehran of taking too long to negotiate a peace deal and warned that the US would attack Iran "very hard" if an agreement is not finalised quickly. Iran said it would reassess diplomatic engagement with Washington after days of escalating tit-for-tat strikes.

The Economic Times

Why is market rising? Sensex jumps 1,000 points in 2 days, Nifty crosses 23,400. 3 key factors behind the surge

Indian stock markets surged for a second consecutive session, with Sensex and Nifty crossing significant milestones. This resilience occurred despite escalating Iran-US tensions, as cooling oil prices and a fizzling AI rally in global markets provided support. Key sectors like FMCG and Private Banks led the gains.

Fortune

America’s emergency oil reserve is about to hit its lowest level since Reagan was in office

The Trump administration has drained 66 million barrels from the SPR since the war in Iran began.

AAP

Asian shares fall after a tech sell-off on Wall Street, while oil prices stabilize

Asian shares have mostly retreated and oil prices rose and then fell back after the U.S. launched fresh airstrikes against Iran, raising questions again over prospects for a permanent end to the war

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