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The Latest Breaking News from Iran

Crude Oil Prices Soar as the US and Iran Escalate Attacks

August WTI crude oil (CLQ26 ) today is up +2.16 (+2.74%), and August RBOB gasoline (RBQ26 ) is up +0.1049 (+3.19%). Crude oil and gasoline prices are moving sharply higher today, with crude posting a 1-month high and gasoline posting a 7-week high. Crude is rallying today on heightened concerns...

Barchart

US attacks on Iran escalate as tower is destroyed in key port

IN FULL

The Independent UK

Dollar Finds Support from Weak Stocks and Surging Crude Prices

The dollar index (DXY00 ) is up by +0.03% today. The dollar found support from today's +3% jump in WTI crude oil prices, which raises inflation expectations and could prompt the Fed to pursue tighter monetary policy, a supportive factor for the dollar. Today's US economic news was mixed for...

Barchart

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Iran proves it can still inflict damage despite waves of US attacks

Leaked US intelligence report concluded Iran retained 70% of missiles and launchers after 38-day spring campaign

The Guardian - UK

While commercial ships and oil tankers struggled to get by, this Soviet-born billionaire’s $300 million superyacht left Dubai and cruised through the Strait of Hormuz on a 2,000-mile journey to the Maldives

Motor Yacht A, under the ownership of billionaire Andrey Melnichenko, recently traversed the Strait of Hormuz amidst increased military tensions that have prompted commercial vessels to postpone their voyages. Following the imposition of Western sanctions after Russia's invasion of Ukraine, Melnichenko relocated his assets to the Gulf, particularly after his…

The Times of India

JD Vance Dismisses Report on Kushner, Witkoff Profiting From Iran Talks as 'Absurd'

JD Vance rejects as 'absurd' a report alleging Jared Kushner and Steve Witkoff profited from US-Iran talks, firmly denying Iran ever warned him during negotiations.

International Business Times UK

Bridges, airport, railway station: US attacks civilian infrastructure in Iran

The United States intensified its renewed bombing campaign against Iran on Friday, striking bridges and an airport, as Tehran retaliated with attacks on US military bases across the Middle East, further escalating the regional conflict.

The Times of India

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British Motorcyclists Jailed in Iran Have Sentences Extended By Two More Years

Two British-born motorcyclists were arrested in Iran in January of last year on charges of espionage, followed by a trial and subsequent conviction. Family members now say that one of them has had their jail sentence extended by two years.

RideApart

'Who is D nexT': Iran billboard targets Trump after Graham's death

Visuals of a new billboard in Tehran's Vali-e-Asr Square have escalated Iran's public campaign of threats. The billboard features the name of recently deceased US Senator Lindsey Graham accompanied with what appears to be a hidden reference to assasination threats for US President Donald Trump.

The Times of India

Trump Family Shown in Coffins on Chilling Iranian Billboard as Tehran Escalates Death Threats

Anti-US billboards depicting Donald Trump and his family have appeared in Tehran as the United States continues strikes against Iranian infrastructure. T

International Business Times UK

Trump is trapped in his own forever war

The president is determined to keep hammering Iran with no concern for the consequences

Salon

JD Vance Accuses Israeli Officials of Derailing US-Iran Peace Push and Extending War

US Vice President JD Vance accuses Israeli officials of trying to influence American opinion to undermine Iran negotiations, exposing tensions between Washington and Jerusalem.

International Business Times UK

$10 million on Trump's head? Iran-backed militia offers hefty amount to assassinate US President

An Iran-backed Iraqi militia umbrella, the Islamic Resistance in Iraq, has announced a $10 million reward for anyone who kills US President Donald Trump, describing it as retaliation for the 2020 killing of Iranian General Qassem Soleimani and Iraqi commander Abu Mahdi al-Muhandis, according to Iran-owned Press TV.

The Economic Times

MEA clarifies Chabahar Port terminal unharmed in US attack, junks damage reports

India's Ministry of External Affairs confirmed the Chabahar Port terminal sustained no damage. Reports had suggested the strategic Iranian port might have been affected by recent airstrikes. The government acknowledged the reports but verified the terminal remained intact. India continues discussions with stakeholders regarding the Chabahar Port project. The operational…

The Economic Times

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The Independent UK

Iranian strike damages a Kuwait desalination plant, exposing water vulnerability in dry Mideast

Iranian strikes have damaged a power and water desalination plant in Kuwait, highlighting the vulnerability of infrastructure in the Middle East

Euronews

Euronews aboard EU warships in the Red Sea: Europe eyes wider mandate as Houthi threat grows

In a special report from EU patrol ships in Djibouti, Kaja Kallas told Euronews that the 27-member bloc was discussing expanding Aspides' mandate and that ships pledged to a Hormuz coalition could be redeployed to the Red Sea in the interim.

The Guardian - UK

The White House’s guide to manhood: pop some T, restart a war and do WHAT with a corn dog?

Pete Hegseth wants to win the war on Iran with a secret weapon: testosterone. Meanwhile, JD Vance is worried about how to eat an ice-cream, says Guardian columnist Marina Hyde

The Economic Times

Iran-linked tankers U-turn, zig-zag as US enforces blockade

US sanctions on Iranian shipping have been reimposed, impacting tanker movements. Several Iran-linked tankers changed course in the Gulf of Oman and Arabian Sea. Ship tracking data shows diversions and zig-zagging patterns by these vessels. The US military has also taken action against non-compliant ships. Observable shipping activity through the…

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Bangkok Post

US and Iran trade attacks in return to full-blown war

TEHRAN - The United States and Iran continued to trade attacks on Friday, with Tehran targeting American assets across the Middle East in the biggest escalation since the two foes returned to outright war.

France 24

Civilian infrastructure hit as US and Iran escalate attacks across the Middle East

The United States and Iran escalated their attacks across the Middle East on Friday, trading strikes aimed at infrastructure and military targets as their battle over the Strait of Hormuz intensified. The US military struck bridges and collapsed a tower at a key Iranian port, while Tehran targeted US-allied nations…

International Business Times

U.S.-Iran Clashes Have Expanded To Key Infrastructure. Oil Is Rising

Oil prices are rising on Friday as clashes between the U.S. and Iran escalate further.

International Business Times

Trump Had Threatened To Strike Key Iranian Infrastructure Without Progress On Negotiations. He Followed Through

The U.S. expanded its strikes against Iranian targets as clashes between the countries continue to escalate.

The Times of India

'Whoever kills Trump ...': Iran-backed Iraqi militia puts $10 million bounty on US president

An Iran-backed militia umbrella calling itself the Islamic Resistance in Iraq (IRI) has announced a $10 million reward for anyone who kills US President Donald Trump.

The Times of India

'Absurd, bogus': US VP JD Vance rejects report Kushner, Witkoff profiting from Iran talks

US vice president JD Vance has rejected as “completely bogus” a media report alleging that Jared Kushner and Steve Witkoff sought to profit from insider information during US-Iran negotiations, saying he never received an alleged warning from Tehran about the two senior members of President Donald Trump's team.

The Economic Times

Rupee closes at 96.28 vs USD; logs sharpest weekly drop since May as oil price jump stings

The Indian rupee faced its most significant weekly drop since May, driven by rising oil prices and strong demand for the dollar. Increasing tensions between the U.S. and Iran exacerbated concerns over energy supplies, further straining the rupee's position. However, interventions from state-run banks provided some relief, temporarily halting its…

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