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The Latest Breaking News from Iran

Indian banks better placed than APAC peers: Fitch on West Asia woes

India's banking sector is resilient against the economic impact of the US-Israel conflict with Iran, according to Fitch Ratings. While other APAC nations face pressure from rising fuel costs and slower growth, India maintains a neutral outlook. However, small borrowers might experience strain if oil prices continue to surge, impacting…

The Economic Times

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

Iran Accuses U.S. of Influencing FIFA After Fans, Staff Barred From Entering Country and World Cup Matches

As the United States and Iran remain locked in a military conflict in the Middle East, the Iranian squad set to represent the country at the 2026 World Cup has felt the impact. Many players, members of the coaching staff and officials with the Iranian federation have had their visas…

Latin Times

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Another sell-off for AI stocks sends Wall Street reeling

Another sell-off for artificial-intelligence stocks whipsawed Wall Street

AAP

US strikes Iran in 'proportional response' to US Apache helicopter crash

A military response from the US could threaten the ceasefire that has been in place since 8 April, as Tehran warned "foreign forces" to leave the Strait of Hormuz.

Euronews

Trump launches strikes against Iran after downing of US army helicopter

US president blames Tehran for loss of Apache gunship, whose crew were rescued by a drone near strait of Hormuz

The Guardian - UK

Trump Says Iran Downed a U.S. Helicopter And 'Must, Of Necessity, Respond To This Attack'

President Donald Trump said on Tuesday that Iran downed a U.S. helicopter and the country, "must, of necessity, respond to this attack."

International Business Times

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‘I call the shots’: Donald Trump says Netanyahu will have to accept any US-brokered ceasefire with Iran

"He doesn't call the shots."

We Got This Covered

Trump suddenly finds himself in a perfect storm. Can he survive it?

Trump faces mounting challenges this summer, including legal setbacks, weak approval ratings and public anxiety over inflation and fuel prices. A frustrating standoff with Iran and judicial rulings limiting executive actions are creating a narrative of a president increasingly squeezed from multiple directions.

The Economic Times

Trump blames Iran for Apache helicopter attack, says US must respond "of necessity"

US President Donald Trump said Iran downed a sophisticated Apache helicopter. The incident occurred overnight while the aircraft patrolled the Strait of Hormuz. President Trump stated the United States must respond to this attack. This development signals a significant escalation in regional tensions.

The Economic Times

Trump says Iran shot down Apache helicopter and US ‘must respond’

IN FULL

The Independent UK

Trump is now polling worse than Joe Biden on cost-of-living issues

On the campaign trail, Trump repeatedly vowed to rein in inflation and lower fuel prices, but his war in Iran has only made matters worse

The Independent UK

'Israel may not like it but ...': US VP JD Vance says long-term deal with Iran in interest of US

US Vice President JD Vance stated Washington's Iran policy will prioritize American interests, even if they differ from Israel's. He expressed confidence in President Trump's strategy to secure a long-term settlement on Iran's nuclear program, emphasizing the US goal of preventing Tehran from acquiring a nuclear weapon.

The Times of India

Iran furious at integrity of World Cup 2026 planning after latest allocation withdrawal

Iran have issued a damning statement condemning the World Cup decision

FourFourTwo

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The Independent UK

The Latest: House poised to fund immigration enforcement for the rest of Trump's term

House Republicans hope to approve nearly $70 billion for immigration enforcement on Tuesday, which would fund Homeland Security throughout President Donald Trump’s time in office

International Business Times

Iran Says It's World Cup Ticket Allocation Has Been Withdrawn Leaving It's Fans In Limbo

Iran's soccer federation said that its ticket allocation for the World Cup was withdrawn, leaving the team's supporters unable to attend matches.

The Independent UK

Israel ‘kills eight’ in new strikes on Lebanon despite Trump warning to stop shooting

Donald Trump insists a peace deal with Iran is close, but new strikes threaten to plunge the region back into chaos

The Guardian - UK

Israeli attack on Tyre in Lebanon kills eight as evacuation ordered for Christian quarter

People flee historic district of ancient city after airstrikes hit residential areas and damage archaeological sites

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The Economic Times

Why crude oil is falling fast today: Oil prices crash below $88 as US-Iran peace deal hopes send Brent crude, WTI oil and energy markets lower

Oil prices crashed below $88 after reports said a US-Iran draft agreement gained preliminary acceptance in Washington. Brent crude fell near $91, while WTI crude dropped below $88. Markets are now pricing peace instead of conflict. The shift shows how geopolitical risk, the Strait of Hormuz, and global energy supply…

The Times of India

'Deeply alarmed': UN chief calls for 'immediate stop' to renewed attacks in Middle East, urges dialogue

In light of the increasingly volatile situation in the Middle East, UN Secretary-General António Guterres has expressed his deep concerns, calling for an immediate cessation of hostilities and adherence to ceasefire agreements in Lebanon, Iran, and Gaza.

The Economic Times

Elon Musk's Starlink India launch hits security roadblock ahead of SpaceX IPO

India has halted approvals for Elon Musk's Starlink internet service. Security agencies are concerned about Starlink terminals being used in the Iran war. This delay impacts SpaceX's IPO valuation. India's broadband market remains out of reach for Starlink for now. Domestic operators also face scrutiny. India seeks assurances on security…

Barchart

Crude Oil Prices Sink as Israel-Iran Ceasefire Holds

July WTI crude oil (CLN26 ) today is down -3.42 (-3.75%), and July RBOB gasoline (RBN26 ) is down -0.0636 (-2.07%). Crude oil and gasoline prices are sinking today, with crude posting a 1-week low and gasoline posting a 1.75-month low. Crude prices are under pressure today as the ceasefire...

International Business Times UK

Is Trump Forcing Netanyahu to Stand Down? US President Warns Israel Would Be 'On Its Own' If It Strikes Iran

Trump's warning to Netanyahu amid escalating Israel-Iran tensions highlights potential shifts in US-Israel relations, as planned Israeli strikes on Iran are paused following US intervention.

The Independent UK

Everything wrong with the 2026 World Cup

WORLD CUP 2026: From unprecedented wars and rip-off ticket prices to Gianni Infantino selling football’s soul and Donald Trump’s determination to create a “Maga World Cup”, Miguel Delaney details how the 2026 tournament has been riddled with controversy

The Economic Times

Emirates to offer incentives, safety assurances as Iran war hits travel

Emirates plans incentives beyond lower fares to attract passengers concerned about the Iran war. The airline prioritizes reliability and customer support, addressing safety and flight cancellations. Emirates seeks relaxed airspace restrictions and anticipates a return to normal operations as oil prices stabilize. This strategy aims to rebuild traveler confidence amid…

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