The Latest Breaking News from Iran

Cutting off Red Sea oil route may be one crisis too many

The Red Sea conflict has disrupted oil flows, impacting global energy markets. This escalation is now forcing oil tankers to reroute, increasing transit times significantly. Asian refining output has plummeted, and China's recovery faces new challenges. Soaring fuel prices are reducing global oil demand, affecting economic activity. The world faces…

The Economic Times · Jul 23

US issues ‘worldwide caution’ for citizens, strikes on Iran’s military infrastructure continue

The US state department issued a worldwide security advisory for American citizens, warning that heightened tensions in the Middle East could trigger “unforeseen escalation” and travel disruptions. The advisory also cautioned about potential threats to US interests overseas.

The Times of India · Jul 23

Asian shares are mostly higher and Mideast tensions push Brent crude past $96

Asian shares are mostly higher, while the intensifying war with Iran pushed Brent crude past $96 a barrel

The Independent UK · Jul 23

US strikes Iran for 12th night, targets missile, drone and air defence sites

The US military launched another round of strikes against Iran on Wednesday, marking the 12th consecutive night of attacks, US Central Command (CENTCOM) said. The strikes targeted Iranian military sites, including maritime capabilities, missile and drone storage facilities, coastal surveillance sites and air defence assets.

The Times of India · Jul 23

Iraq’s impossible predicament: why the country is trapped between Iran and the US

The long read: With the outbreak of this year’s war, Iraq’s balancing act between the two antagonists has collapsed, exposing a perilously fragile state

The Guardian - UK · Jul 23

Sensex drops 364 points, Nifty closes below 23,900 as market falls for 4th day on rising Iran-US tensions. What’s ahead?

Indian stock markets extended losses for a fourth session on Thursday. Sensex and Nifty closed lower as oil prices soared significantly. Broader markets also saw declines, with midcap and smallcap indices falling. Mahindra & Mahindra and Tata Consultancy Services shares led gains on Sensex. Adani Ports, Bajaj Finance, and IndiGo…

The Economic Times · Jul 23

US House approves $95 billion Iran war budget, sends Trump-backed plan to Senate

The US House of Representatives has narrowly approved a $95 billion budget blueprint to fund the war with Iran and advance President Donald Trump's election-related priorities, overcoming resistance within Republican ranks.

The Times of India · Jul 23

'If we don't sell oil, no one will': Iran threatens wider crude disruption

Iran warns of regional oil disruption if its exports are blocked. The United States conducted further strikes against Iran's infrastructure. President Trump threatened to destroy Iranian bridges or power plants. Diplomatic efforts show little public sign of progress between the nations. The conflict threatens worldwide economic disruption and rising fuel…

The Economic Times · Jul 23

Iran-backed Houthis strike Saudi oil tankers amid escalating conflict

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The Independent UK · Jul 23

UN chief says Middle East conflict is at the 'edge of the imaginable'

Ongoing conflict in the Middle East has pushed the region to the "edge of the unimaginable", UN Secretary-General Antonio Guterres warned on Thursday, as Houthi attacks on shipping in the Red Sea threatened to escalate the conflict further. President Donald Trump said the US would hold Iran responsible for these…

France 24 · Jul 23