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The Latest Breaking News from Iran

Dollar Edges Higher as Crude Oil Prices and Bond Yields Climb

The dollar index (DXY00 ) rose by +0.23% on Tuesday. The dollar moved higher on Tuesday as the escalation of hostilities between the US and Iran is boosting crude oil prices, which raises inflation expectations that could prompt the Fed to tighten monetary policy, a supportive factor for the dollar....

Barchart · Jul 21

Hegseth tells Senate war on Iran has so far cost $37.5bn at hearing to request more funds

Defense secretary has asked Senate appropriations committee for nearly $88bn more to continue effort

The Guardian - US · Jul 21

Threats to Global Crude Supplies Push Prices Higher

August WTI crude oil (CLQ26 ) on Tuesday closed up +1.68 (+2.02%), and August RBOB gasoline (RBQ26 ) closed up +0.0169 (+0.50%). Crude oil and gasoline prices settled higher on Tuesday, with crude climbing to a 5-week high. Threats to global oil supplies are boosting crude oil prices as the...

Barchart · Jul 21

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Mediators Gave The U.S. a Proposal For a 10-Day Ceasefire With Iran. It Was Tehran That Reportedly Proposed It

Iran reportedly sent the U.S. a proposal for a 10-day ceasefire as hostilities between the countries continue to escalate, according to a new report.

International Business Times · Jul 21

A new threat by Yemen's Houthis could widen the Iran war and put another trade chokepoint at risk

Yemen's Houthi rebels have declared a blockade on Saudi Arabia, potentially widening the Iran war and further disrupting global trade

The Independent UK · Jul 21

Iran Claims Cruise Missile Strike On Amazon Data Infrastructure In Bahrain

Iran's IRGC claimed it struck an Amazon data center in Bahrain, but Bahraini officials said they intercepted the attack. AWS has not confirmed any damage, and AWS dashboards indicate no change in service levels.

International Business Times · Jul 21

Not just for America’s sake, Donald Trump must stop the bombing

THE INDEPENDENT VIEW: Editorial: With the nightly strikes on Iran now in double figures – and with Tehran retaliating far beyond the closure of the Strait of Hormuz – the US should end its escalating cycle of violence in the Middle East and negotiate a way out

The Independent UK · Jul 21

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Houthis threaten to attack shipping tankers if they use Saudi Arabian ports on Red Sea

Warning to shipping companies, on top of Iran’s chokehold on strait of Hormuz, may severely affect Saudi oil exports

The Guardian - UK · Jul 21

Israel says Iran moved thousands of centrifuges to Pickaxe Mountain - Report

Israeli intelligence has assessed that Iran has moved thousands of nuclear centrifuges into a deep underground site in the Natanz area known as Pickaxe Mountain, making them harder to target in aerial strikes, according to a Wall Street Journal report citing US and Israeli officials.

The Times of India · Jul 21

Donald Trump and the Persian threshold of pain

It would be so easy for Donald Trump to escape from the trap he has built for himself in the Persian Gulf. Just declare a victory and leave.

Bangkok Post · Jul 21

Asia's energy test may hinge on regional cooperation

The past four months have demonstrated just how volatile oil markets can be. In March, Brent crude climbed above US$100 (3,363 baht) a barrel for the first time in four years, reaching $119 on March 9 -- its highest level since the 2022 energy crisis -- as Iran's closure of…

Bangkok Post · Jul 21

US President Donald Trump says 'we are not finished at all' with Iran, warns of more strikes

President Trump indicated the United States is not finished with Iran. He warned of soon targeting the underground nuclear facility known as Pickaxe Mountain. The US President stated that Iran would take decades to rebuild from damage. Iran expanded its attacks across the Middle East on Tuesday. This conflict resumed…

The Economic Times · Jul 21

Iraq is emerging as the Middle East’s strategic connector – but can it turn foreign competition into advantage?

Iraqi Prime Minister Ali al-Zaidi is on something of a diplomatic roll at the moment. Having concluded a weeklong visit to the United States on July 19, 2026, during which he charmed President Donald Trump, al-Zaidi is now expected to head to Tehran to do the same with Iran’s new…

The Conversation · Jul 21

Trump warns Iran the US ‘has been nice’ so far in attacks as threat of full-blown war grows

President Donald Trump snapped at female reporter yet again when pressed on whether he has a plan for the escalating war

The Independent UK · Jul 21

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The Independent UK · Jul 21

MAGA congressman shrugs off Americans killed in Iran as the ‘nature of warfare’

Three American service members were killed in the Middle East over the weekend as the US and Iran continue to exchange strikes

The Economic Times · Jul 21

After Hormuz, Gate of Tears may make the world cry. What about India?

The Bab el-Mandeb Strait, a key shipping route connecting Red Sea and Gulf of Aden, faces growing risks of disruption after Yemen’s Houthi movement warned of a maritime blockade targeting Saudi shipping. With US-Iran tensions escalating, the possibility of a closure of the waterway has emerged as a major global…

The Economic Times · Jul 21

US, Iran intensify attacks as diplomacy struggles to revive truce

Diplomatic efforts to revive the collapsed US-Iran interim agreement are gathering pace. Shipping disruptions are deepening as the Strait of Hormuz remains largely blocked. The United States carried out fresh airstrikes on Iranian military targets. Iran attacked a tanker in the strait, claiming responsibility for other strikes. The conflict has…

The Conversation · Jul 21

An emerging Iran-Pakistan ‘Axis of Sympathy’ is reshaping southwest Asia’s power structures

Earlier this month, the Supreme Leader of Iran, Ayatollah Ali Khamenei, was buried in his hometown of Mashhad after a four-day ceremony. Many international delegations were present, but each country will have chosen their representatives with the utmost care. Sending high-ranking officials would go beyond mere diplomatic courtesy, and possibly…

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Tom’s Hardware · Jul 21

Amazon data center in Bahrain struck and destroyed by Iranian cruise missiles, state media claims — attacks launched against AWS site in response to alleged US strikes on an under-construction nuclear plant

The Amazon site has suffered multiple hits since the start of the U.S. bombing campaign in Iran. The IRGC claims to have 'destroyed' AWB Bahrain, but the company has moved operations off the facility since early April.

Barchart · Jul 21

Crude Oil Prices Rally on Global Supply Risks

August WTI crude oil (CLQ26 ) today is up +1.75 (+2.10%), and August RBOB gasoline (RBQ26 ) is up +0.0017 (+0.05%). Crude oil and gasoline prices are pushing higher today, with crude climbing to a 5-week high. The threat to global oil supplies is boosting crude oil prices today as...

Barchart · Jul 21

Strength in Chipmakers Boosts Stocks

The S&P 500 Index ($SPX ) (SPY ) today is up +0.64%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.58%. September E-mini S&P futures (ESU26 ) are up +0.62%, and September E-mini Nasdaq futures...

The Economic Times · Jul 21

Iranian Interior Minister Eskandar Momeni holds talks with Pakistan PM Shehbaz Sharif amid US-Iran escalation

An Iranian delegation met Pakistan's Prime Minister and Army Chief amid escalating regional tensions. Discussions focused on bilateral economic ties and expanding trade to ten billion dollars. Cross-border connectivity and the Iran-Pakistan gas pipeline were also key topics. Pakistan seeks to prevent the collapse of a recent US-Iran interim peace…

The Guardian - AU · Jul 21

RBA now twice as likely to hike interest rates as US-Iran war drives fuel prices higher

Experts warn global energy market at a ‘critical juncture’ with escalating Middle East crisis expected to further drag on a slowing Australian economy

The Times of India · Jul 21

From gym to hangar to sleeping quarters: Iran's three-missile strikes on US base in Jordan

An Iranian missile attack tragically claimed the lives of US service members at a Jordanian air base, targeting their sleeping quarters. This shocking incident exposed critical shortcomings in the protection of American forces. Following the strike, US President Donald Trump committed to retaliation, while Iran's supreme leader issued a stark…

The Independent UK · Jul 21

The Pentagon just admitted the Iran war is blowing a hole in its budget

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