The Latest Breaking News from Iran

Ted Cruz Says U.S. Should Arm 'Protesters' In Iran. Claims Regime Change Is Answer

Republican Senator Ted Cruz said that the U.S. should be arming the opposition to the Iranian regime as part of the ongoing war.

International Business Times · Aug 7

Crude Prices Gain as Talks Continue to Reopen the Strait of Hormuz

September WTI crude oil (CLU26 ) is up +0.76 (+0.98%) today, and September RBOB gasoline (RBU26 ) is up +0.0542 (+1.84%). Crude oil and gasoline prices are moving higher today, supported by a decline in the dollar ($DXY ) to a 7-week low. Also, uncertainty regarding a proposed plan by...

Barchart · Aug 7

The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control: ‘The concession has already been made’

“[The] U.S. accepting Iranian control of the strait without explicitly acknowledging that control seems a likely endgame here.”

Fortune · Aug 7

Saudi Arabia, Pakistan and Turkey sign mutual defence agreement

Saudi Arabia, Pakistan and Turkey signed a mutual defence pact on Friday that would treat any act of aggression on one of the three nations as an attack on all of them, the allies said in a joint statement. However, it did not specify if the agreement would bind them…

France 24 · Aug 7

What we know as Trump denies US is running low on key munitions in Iran war

IN FULL

The Independent UK · Aug 7

Israel shuts one of its consulates in China amid growing strain in ties

In a significant shift, Israel has shuttered its consulate in Chengdu, China, effectively ending operations last month. This decision reflects escalating tensions in diplomatic relations, largely stemming from China's strengthening ties with Iran and its pro-Palestinian stance during the Gaza conflict. While experts indicate that China will maintain its relationship…

The Economic Times · Aug 7

Islamic Nato taking shape? What the Saudi-Pakistan-Turkey Mecca pact means for Iran, India & Israel

Saudi Arabia, Pakistan, and Turkey signed a new defence pact in Mecca. This agreement commits them to mutual defence against any armed attack. The deal combines Saudi financial power, Turkish defence industry, and Pakistan's military strength. It comes amid regional tensions involving Iran, Israel, and the United States. This pact…

The Times of India · Aug 7

Stocks Rally on Earnings and Fed-Friendly US Payroll Report

The S&P 500 Index ($SPX ) (SPY ) today is up +0.37%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.89%. September E-mini S&P futures (ESU26 ) are up +0.44%, and September E-mini Nasdaq futures...

Barchart · Aug 7

Iran's New Supreme Leader Hasn't Been Seen Since The War Began. A Report Claims He Could Die At Any Moment

Mojtaba Khamenei is in extremely critical condition and could die imminently, according to a new report.

International Business Times · Aug 7

Iran's supreme leader Mojtaba Khamenei in critical condition; rushed to hospital, claims Israeli media

According to Channel 14 (C14), citing sources inside Iran, and a prior report by the Jerusalem Post, which quoted the IranWire outlet and sources close to President Masoud Pezeshkian's administration, rumours that Khamenei is in an "extremely critical condition" are circulating widely at the highest levels of the regime. One…

The Economic Times · Aug 7