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The Latest Breaking News from Iran

Global bonds battered as flaring inflation spooks investors

Global bond markets are experiencing significant interest rate hikes, driven by escalating energy prices from the Iran conflict and persistent inflation. This is impacting everything from homebuying to corporate borrowing, with benchmark U.S. Treasury yields reaching yearly highs. Investors are now anticipating further rate increases from central banks worldwide, a…

The Economic Times

European shares log weekly losses on Iran war-linked inflation woesdrop

European markets experienced a significant downturn, with the STOXX 600 index sliding due to escalating energy inflation fears stemming from the U.S.-Iran tensions. Rising costs are impacting consumer and producer prices, prompting expectations of interest rate hikes. Economically sensitive sectors and defence stocks bore the brunt of the sell-off, despite…

The Economic Times

Crude oil surges 8% in a week to near $110 as Iran war tensions simmer again. Where are prices headed?

Oil prices surged this week as U.S. President Trump and Iran's foreign minister exchanged remarks, dampening hopes for a near-term agreement on ship attacks around the Strait of Hormuz. Brent crude futures rose 7.84% and WTI gained 10.48% amid uncertainty over the fragile ceasefire and the potential for prolonged disruptions…

The Economic Times

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Oil prices climb more than 3% on fears of new US-Iran combat

Oil prices surged over 3% as U.S. President Trump and Iran's foreign minister exchanged confrontational remarks, diminishing hopes for a deal to end ship attacks around the Strait of Hormuz. Despite a shaky ceasefire, the strait's potential reopening is uncertain, impacting global oil supplies and pushing prices higher.

The Economic Times

Operation Epic Fury to resume? Donald Trump weighs fresh Iran strikes after China visit: Report

As US President Trump returns from China, pressure mounts over Iran. Top aides are reportedly preparing options for renewed military action against Tehran if diplomacy falters, including intensified bombing and potential Special Operations deployments. Iran, meanwhile, signals readiness for conflict, while the Strait of Hormuz remains a critical concern for…

The Times of India

UAE rejects Iran's 'direct involvement' claims in West Asia conflict, says allegations will not shake its "principled positions"

The UAE has vehemently rejected Iran's accusations of direct involvement in aggression against Tehran during the West Asia conflict. Minister of State Khalifa Shaheen Al Marar asserted that such claims would not sway the UAE's principled stance or sovereign decision-making, while also accusing Iran of repeated attacks on Emirati infrastructure.

The Economic Times

'This was all avoidable': Iran on US facing 'rocketing costs of war of choice'

Iranian foreign minister Abbas Araghchi warned that Americans would soon face the economic fallout of the escalating US-Iran conflict, arguing that rising debt costs, mortgage rates and consumer financial stress were the “real pain” of what he described as a “war of choice” against Iran.

The Times of India

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Trump claims ‘most’ Iranians have same first name: ‘Muhammad something’

Trump’s comment was made as he spoke to Fox News’ Bret Baier about the U.S. Space Force’s ability to surveil Iranian nuclear sites

The Independent UK

'2 great countries': Donald Trump hails meeting with Xi as 'G-2 moment'

President Trump declared his China visit a historic "G-2" success, highlighting major trade deals including Boeing aircraft sales and agricultural commitments. He also suggested China would refrain from aggressive action on Taiwan during his presidency, while Xi Jinping privately warned of confrontation over the island. Trump indicated China's willingness to…

The Times of India

Extension on fuel excise relief kept in play by PM

Fuel excise relief appreciated by Australian motorists may not end in July, as the government promotes other tax cuts due to begin at the same time.

AAP

Pageantry over policy: Takeaways from Trump's China trip

President Trump's state visit to Beijing with Chinese President Xi Jinping yielded few concrete outcomes on key issues like Iran, trade, and Taiwan. Despite extensive talks and pageantry, the trip saw no breakthrough on Iran sanctions or a significant trade deal, with leaders largely agreeing to disagree on major points.

The Economic Times

'We’re 9,500 miles away': Trump on why Taiwan remains a 'difficult' issue for US

US President Donald Trump has raised fresh questions over Washington’s long-standing support for Taiwan, describing the island as “a little bit of a difficult problem” because of China’s geographical and military advantage.

The Times of India

How Trump’s ‘unusual’ brokerage account traded around his own market-moving decisions—selling hyperscalers and buying energy stocks during the war

A new filing reveals 3,642 trades in Q1 in an account held in Trump’s name. The Trump Organization and White House say the president has no role in directing the account.

Fortune

Iran Allegedly Breached US Gas Station Tank Readers With No Password to Stop Them

Iranian hackers infiltrated US fuel storage systems, exploiting password-free networks. This breach underscores significant cybersecurity vulnerabilities amid escalating geopolitical tensions.

International Business Times UK

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International Business Times UK

Trump Calls Biden 'Incompetent' After Mistakenly Blaming Him for the Iran Nuclear Deal Championed by Obama: VIDEO

Donald Trump mistakenly blamed Joe Biden for the Iran Nuclear Deal, originally championed by Barack Obama, sparking criticism and claims of cognitive decline from his detractors.

Latin Times

FBI Says Iran-Linked Militia Commander Planned Terror Attacks on Jewish Sites in New York and Europe

A suspected commander tied to the Iran-backed militia group Kata'ib Hezbollah has been brought to New York to face terrorism charges after federal authorities accused him of helping coordinate nearly 20 attacks targeting Americans and Jewish sites across the United States, Europe and Canada.

International Business Times UK

Viral Post Claims Donald Trump Caught On Camera Secretly Snooping Through Xi Jinping's Private Notebook In Beijing

A viral clip purporting to show Donald Trump secretly peeking at Xi Jinping's private notebook in Beijing has ignited a bitter argument on X, though none of the claims about the document can be independently verified.

The Times of India

Friendly nations can rely on safe commerce, says Araghchi after meeting EAM; welcomes any positive role by India for peace

External affairs minister S Jaishankar and his Iranian counterpart Seyed Abbas Araghchi discussed the West Asia conflict and its implications, including the Strait of Hormuz situation, in their first bilateral meeting since the US-Israel and Iran war started in February.

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The Guardian - US

Pentagon quietly shut legally required program to prevent civilian deaths by military, watchdog finds

Trump administration accused of cutting military’s civilian harm program in light of US strike on girls school in Iran

The Independent UK

Israel-Lebanon ceasefire extended by 45 days as Trump criticises Iran peace proposal

IN FULL

Evening Standard

Israel and Lebanon agree to extend Iran war ceasefire, US says

President Trump announced a truce on April 16 but Israel and Lebanon have continued to trade blows since then

The Independent UK

Trump calls reporter ‘fake’ over Iran war reporting

IN FULL

Barchart

Crude Oil Prices Surge on Concern of a Prolonged Disruption to Global Supplies

June WTI crude oil (CLM26 ) on Friday closed up +4.25 (+4.20%), and June RBOB gasoline (RBM26 ) closed up +0.0962 (+2.67%). Crude oil and gasoline prices rallied sharply on Friday, with crude posting a 1.5-week high. Crude prices are surging as the lack of negotiations to end the US-Iran...

Latin Times

Trump Says He Tossed Iran Proposal After First Sentence: What Was in the Deal?

President Donald Trump said he rejected Iran's latest proposal after reading only its opening line, a blunt sign that U.S.-Iran talks remain deadlocked over Tehran's nuclear program, the Strait of Hormuz and the terms for ending the war.

International Business Times UK

'I Just Throw It Away': Trump Dumps Iran's Nuclear Proposal at the First Sentence

Donald Trump rejected Iran's nuclear proposal, demanding zero enrichment. The US-Iran ceasefire remains fragile, with economic stakes high as the Strait of Hormuz stays closed.

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