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The Latest Breaking News from Iran

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.

Fortune

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

AAP

From uranium enrichment freeze to dismantling nuclear sites: The 4 key elements in US-Iran talks

Talks between the United States and Iran over Tehran’s nuclear programme had narrowed to four key elements before the latest flare-up in hostilities, The New York Times reported .

The Times of India

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US inflation hits 4.2% in May as Trump’s Middle East conflict drives up prices - as it happened

US inflation hits a three-year high in May

The Guardian - UK

Stolen Revolution by Bozorgmehr Sharafedin and Yeganeh Torbati review – Iran’s recent history explained

This account of the Islamic Republic and its discontents told via six contrasting lives should be required reading

The Guardian - UK

Tech sell-off deepens but oil prices stay flat despite renewed Iran tensions

Global stock markets fell on Wednesday, extending a volatile week driven by concerns about rising inflation, potential interest rate hikes and escalating tensions in the Middle East.

Euronews

Wednesday briefing: What to expect from a World Cup beset with controversy

In today’s newsletter: From Donald Trump’s involvement to fans shut out, a look at the politics, on-the-pitch predictions and more from the biggest tournament yet for the beautiful game

The Guardian - UK

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Putin and Trump are both trapped in losing battles against reality

The Ukraine and Iran wars are very different, but a common authoritarian delusion unites the men who started them, says Guardian columnist Rafael Behr

The Guardian - UK

China's imports of major commodities show price remains key driver

China's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Copper imports also fell as prices rose. Conversely, China boosted aluminium exports amid higher global prices. Coal imports declined as prices increased. These shifts highlight China's response…

The Economic Times

Jordanian military intercepts 5 Iranian missiles amid sharp US-Tehran escalation in Gulf

Jordan's air defence systems intercepted multiple projectiles launched from Iran. Iran claimed to have destroyed hangars housing F-35 jets and targeted US bases in Jordan. Further explosions were reported in Kuwait and Bahrain. Iran stated its naval forces attacked the US Fifth Fleet headquarters in Bahrain.

The Economic Times

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

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

The Independent UK

Silver plummets Rs 4,500/kg, gold dips Rs 2,500/10 gm as Iran strikes US airbases. Time to sell?

Gold and silver prices saw a sharp decline on the Multi Commodity Exchange on Wednesday. Fresh Middle East tensions, a stronger dollar, and rising oil prices impacted market sentiment. MCX silver futures for July 2026 delivery dropped significantly, as did gold futures for August 2026 delivery. International spot gold also…

The Economic Times

Market wrap: Sensex rises 64 points, Nifty closes below 23,250; broader markets crash

Indian stock markets saw mixed trading as the Sensex eked out marginal gains while the Nifty slipped into the red. Small and midcap indices experienced significant declines. Geopolitical tensions between Iran and the US resurfaced, impacting market sentiment, though oil prices cooled down.

The Economic Times

Inflation likely reached 3-year high last month as Iran war spikes gas prices

Consumer prices probably jumped in May for the third straight month, heightening concerns for the inflation fighters at the Federal Reserve and underscoring the threat rising costs pose for the Trump administration as midterm elections near

The Independent UK

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The Independent UK

Iran-US war latest: Tehran attacks 18 US airbases across Middle East after Trump orders major new strikes

US Defence Secretary Pete Hegseth warned that the military would be ‘busy tonight’ ahead of the fresh strikes

The Independent UK

Iran fires missiles at air base hosting US forces in Jordan

Jordan said Wednesday it shot down five incoming missiles launched by Iran targeting an area that’s home to an air base that hosts U.S. forces

AAP

US and Iran launch airstrikes after Trump blames Tehran for downing Army helicopter

The U.S. military launched airstrikes and Iran retaliated following the crash of an Army helicopter near the Strait of Hormuz that U.S. President Donald Trump blamed on the Islamic Republic

The Guardian - AU

US says second day of strikes ‘completed’ – as it happened

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Euronews

Tehran fires missiles at Jordan, Kuwait and Bahrain after renewed US strikes on Iran

Jordan intercepted five missiles aimed at an area hosting a major airbase near Azraq while Kuwait and Bahrain said their air defences were engaging incoming fire. The attacks followed US strikes on Iranian air defence and radar sites near the Strait of Hormuz.

France 24

US, Iran exchange air strikes after Trump accuses Tehran of downing army helicopter

The US military said on Tuesday it carried out strikes on Iran after an Army helicopter crashed near the Strait of Hormuz, an incident President Donald Trump blamed on Tehran. Iran denied responsibility and vowed to respond. Washington called the attacks a “proportional response", while Iranian media reported explosions on…

International Business Times UK

Trump Threatens Decisive Strikes on Iran After Apache Downing, Tehran Hits Back at US targets in the Region

The US launched military strikes on Iranian targets after an Apache helicopter was downed, escalating tensions.

The Economic Times

Kospi selloff resumes, tanks nearly 4% as AI unwinding continues; Iran war uncertainty dents mood

South Korean stocks fell sharply on Wednesday, with the benchmark KOSPI dropping up to 3.6%, as semiconductor shares resumed their decline and investor sentiment was hit by a U.S. strike on Iran. The selloff underscored concerns about the market's reliance on a handful of chipmakers that have powered this year's…

The Times of India

Watch: Trump's 'proportional response' to Iran after helicopter attack

Following Iran's downing of a US Apache helicopter near the Strait of Hormuz, President Trump ordered retaliatory strikes on Iranian air defense systems. This escalation intensifies months of Middle East tensions, disrupting shipping and raising global energy prices. Iran vowed a "decisive response," casting doubt on ceasefire efforts amid ongoing…

The Times of India

Watch: Explosion seen at US 5th Fleet headquarters in Bahrain as Iran retaliates

Iran's IRGC claimed a drone attack on the US Navy's Fifth Fleet headquarters in Bahrain, alleging it was retaliation for recent US airstrikes on Iranian infrastructure. The IRGC stated the operation targeted the base in Manama after US strikes damaged civilian facilities in Jask, Sirik, and Qeshm, warning of stronger…

Bangkok Post

Trump says talks with Iran are 'going well'

U.S. President Donald Trump spoke to reporters at New York's John F. Kennedy International Airport (JFK) Airport early on Tuesday (June 9) morning. He said negotiations with Iran were ongoing and suggested progress could be clear within “one or two days,” while insisting a U.S. blockade remained fully effective. -…

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