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The Latest Breaking News from Iran

JD Vance Calls Iran's $9 Billion Market Manipulation Claim Against Kushner and Witkoff 'Completely Bogus,' Says 'Steve and Jared Are Good Dudes'

U.S. Vice President JD Vance dismissed as "completely bogus" a report accusing advisers Jared Kushner and Steve Witkoff of profiting from U.S.-Iran negotiations, saying he never received Iran’s alleged message.

Benzinga

Oil Producers Are Trying to Leave the Strait of Hormuz Behind. Iran Has Other Plans.

Governments across the Gulf are accelerating pipeline construction after Iran and its regional allies intensified attacks on commercial shipping, but experts say pipelines remain exposed to military strikes from Tehran.

International Business Times

Peak of US-Iran conflict likely over; easing commodity prices to aid Indian manufacturers from H2FY27: Report

Easing commodity prices are expected to boost Indian manufacturers' operating margins. Global supply is improving and demand from China remains weak. US crude oil exports have risen, offsetting supply disruptions. OPEC+ agreed to increase output, further stabilizing oil prices. Manufacturing margins historically recover with a lag after commodity prices ease.

The Economic Times

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Diesel and petrol prices jump in Portugal: find out what you'll pay from Monday

Petrol and diesel prices will increase in the week of 20 to 26 July, and the rise is expected to be particularly significant.

Euronews

Man charged with spying for Iran, Met Police say

IN FULL

The Independent UK

Has Trump's Pakistan reset failed? Why Islamabad still leans towards China

In October 2011, Hillary Clinton stood in Islamabad next to Pakistan's foreign minister and delivered one of the most quoted warnings in the history of US-Pakistan relations. A country that keeps snakes in its backyard, she said, cannot expect them to bite only the neighbours. Eventually, she warned, those snakes…

The Times of India

Global Market: ECB weighs inflation risks, digital Euro progress at July meeting

According to Reuters, policymakers are widely expected to keep the ECB's key interest rate unchanged at 2.25%, following June's surprise rate hike that made the central bank the first among the world's major monetary authorities to tighten policy in response to the geopolitical fallout from the Iran conflict.

The Economic Times

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Qatar’s air defence intercepts fresh Iranian missile barrage over Doha

Iran has unleashed a new wave of attacks across the Gulf, targeting Qatar, Kuwait, Bahrain and Jordan, following Tehran’s continuous threats of dragging the Gulf countries back into its escalating confrontation with the US over the Strait of Hormuz.

Euronews

Liverpool man charged on suspicion of spying for Iran

Vahid Aberi will appear in court on Friday

The Independent UK

Fresh Trump strikes on Iran kill seven as US marines storm tanker

IN FULL

The Independent UK

Iranian airport and bridges hit as US forces board ship amid ports blockade – as it happened

Southern rail station also attacked, Iranian media says, as IRGC claims to have destroyed US fighter jets stationed in Jordan

The Guardian - UK

U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

“The Middle East conflict is really driving more inflation…so we are going to use the majority of the tariff refund to offset these higher costs,” the McCormick & Company CFO said.

Fortune

China's oil imports have plunged during the Iran war. How much will they recover?

China's oil imports have significantly decreased since April. This reduction has kept global prices stable and freed up supply. Analysts are uncertain about the permanence of this demand drop. Factors like electric vehicle adoption and industrial slowdown influence future consumption. Stockpiling and fuel export policies will also shape import levels.

The Economic Times

Iran war and monsoons key risk for Indian economy, says RBI Governor Sanjay Malhotra

RBI Governor Sanjay Malhotra said India’s inflation remains elevated, with rising Middle East tensions and the possibility of a weak monsoon posing key risks. He attributed recent price pressures mainly to supply-side factors and said policymakers should remain in a “wait and watch” mode.

The Economic Times

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The Independent UK

Iran-US war latest: Iran warns ‘not a single drop’ of oil will pass through Hormuz as US ends ninth night of strikes

Oil prices climb above $90 a barrel after Iranian military targets two tankers in Strait of Hormuz

Euronews

US airstrikes hit Iranian civilian sites as Tehran attacks Gulf neighbours

In a primetime address to the nation, Trump said the US was "winning big in Iran" and the public would see "the fruits of that labour". However, a deal seems far out of reach as fighting in the region continues to escalate.

The Times of India

US war secy Pete Hegseth shares photo of Chabahar port tower collapsing amid strikes in Iran

Chabahar port has been a repeated target of American airstrikes. Iranian state media acknowledged a third round of strikes on the facility without immediately acknowledging the tower’s collapse. Iran, however, described the tower as overseeing commercial traffic into the port. However, Iran’s paramilitary Revolutionary Guard also operates at ports across…

Benzinga

CENTCOM Reveals Fresh Strikes on Iran Amid Escalating Tensions, Says 50,000 US Service Members Are Active in Region

The U.S. Central Command (CENTCOM) on Thursday revealed a new round of strikes against Iran, targeting Iranian military infrastructure amid escalating tensions.

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The Economic Times

Why did market rise today? Sensex surges 965 points; Nifty ends above 24,300. 4 reasons why D-Street defied global rout

Indian stock markets saw gains on Friday, with Sensex and Nifty trading higher. IT stocks led the gains, while broader markets experienced marginal losses. Escalating Iran-US conflict and rising oil prices added to investor caution. Foreign investors remained net sellers of Indian equities on Thursday. Analysts advise caution due to…

The Independent UK

US airstrikes on Iran appear to have damaged Gulf of Oman port facility

U.S. airstrikes appear to have collapsed a tower at Iran’s Chabahar port on the Gulf of Oman, a key trade route for Afghanistan

The Economic Times

Gold prices dip Rs 3,000/10 gram this week, silver plunges Rs 7,300/kg as oil rally raises rate hike bets. What’s next?

Gold prices edged higher on MCX while silver traded slightly lower on Friday. Renewed U.S.-Iran fighting lifted oil prices, stoking inflation concerns and rate hike expectations. MCX silver futures for September 2026 delivery were down Rs 745. Gold futures for August 2026 delivery declined by Rs 385. For the week,…

The Guardian - UK

US hits civilian infrastructure as it expands strikes against Iran

Tehran bombs US allies in Middle East after US attacks on bridges, energy facilities and key port

The Times of India

'Cyber threat to democracy': Trump claims Russia, China, Iran, North Korea can compromise US election systems

US President Donald Trump on Friday alleged that Russia, China, Iran, North Korea and non-state actors possess the capability to compromise America's election infrastructure.

AAP

Aussie shares end week lower as mining rout continues

Mining stocks have continued to come under selling pressure, leaving the Australian share market down for a second week.

The Economic Times

Oil Price Today (July 17): Crude oil jumps 12% this week as Hormuz, Red Sea closure risks loom. What are experts saying?

Brent crude futures gained $1.05, or about 1.25%, to $85.28 a barrel while U.S. West Texas Intermediate (WTI) crude futures rose $1.03, or 1.3%, to $79.98 a barrel. The gains helped both benchmarks recover losses from the previous session. For the week, both oil benchmarks have rallied nearly 12%. Brent…

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