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The Latest Breaking News from Iran

Questions dog tentative US-Iran deal as Iranian official says concessions come 'through missiles'

Uncertainty is swirling around what the U.S. has called a tentative deal to extend the ceasefire in its war with Iran

The Independent UK

Gap, American Eagle fall as brand troubles weaken annual forecasts

The results underscore a widening split in consumer spending, with record-low sentiment driven by the Iran war forcing lower-income households to cut back, even as higher-income shoppers remain selectively willing to spend.

The Economic Times

Iran Is Turning America's Sanctions Playbook Against It

The U.S. Treasury is trying to fight the kind of trade embargo that it usually imposes on other countries.

Reason

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US stocks open higher, adding to their records, as Dell soars

Stocks are opening higher on Wall Street, adding to the all-time highs they set a day earlier

AAP

Maybe This Time

Plus: Russian drone hits Romania, DeSantis' property tax proposal, and more...

Reason

America fired 1,000 Patriot missiles but replaced only 172: Is the US missile stockpile crisis leaving Ukraine, Taiwan, and America vulnerable until 2029?

The US missile stockpile crisis is now exposing a deeper global defense weakness as America fired more than 1,000 Patriot interceptors but replaced only 172 during the Iran war. Pentagon missile reserves are shrinking fast. Patriot missile shortages are now affecting Ukraine and Taiwan at the same time. Defense experts…

The Economic Times

Bank of England’s Bailey says no rush to raise interest rates amid Iran war uncertainty

Inflation can be tolerated above 2% target for now ‘given context of softness in real economy’, governor says

The Guardian - UK

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Wall Street inches higher while oil prices fall on optimism over talks of Iran ceasefire extension

Oil prices are down and markets are inching higher before the opening bell, adding to records hit a day earlier on optimism over a tentative deal to extend the ceasefire in the war with Iran

AAP

Donald Trump warns Oman has to ‘behave’ – or else, America will ‘have to blow ’em up’

Iran quickly stepped up to support its neighbour.

We Got This Covered

Mexico's Tijuana: From gateway to the American Dream to dead end

With Iran's national football team set to be based in Tijuana, Mexico, for the upcoming World Cup, our reporters Laurence Cuvillier and Matthieu Comin travelled to the Mexican city known for being one of the most dangerous in the world. Until recently, this border city with the United States was…

France 24

Greek man charged with assisting foreign intelligence service ‘linked to Iran’

The allegations relate to the targeting of a UK-based journalist working for Iran International

The Independent UK

Man charged in UK with assisting service linked to Iran

A Greek national has been charged with assisting a foreign intelligence service, believed to be Iran, over the targeting of a UK-based journalist.

AAP

Iran-US deal nears finish line — but Trump and Khamenei must say yes

The draft memorandum includes unrestricted Hormuz shipping, Iran removing mines within 30 days and US sanctions waivers on Iranian oil, with nuclear talks to follow.

Euronews

One in five households now skipping meals due to affordability crisis

IN FULL

The Independent UK

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Bangkok Post

Vance optimistic as US-Iran deal awaits Trump green light

WASHINGTON - US Vice President JD Vance said Washington and Tehran are close to agreeing a deal to extend their ceasefire in the Middle East war, but the potential breakthrough still hangs on President Donald Trump’s approval.

International Business Times

JD Vance Says U.S. And Iran Are 'Very Close' To a Deal: 'We've Made a Lot Of Progress Here'

Vice President JD Vance said the U.S. and Iran are "very close" to reaching an an agreement on a memorandum of understanding to extend the ceasefire and begin negotiations on Tehran's nuclear program.

The Independent UK

Benjamin Netanyahu says Israel enjoys ‘crazy love’ from India

In February, India’s Narendra Modi signed a plethora of agreements with Israel during a visit to the country – days before the start of the Iran war

Barchart

S&P Futures Gain on Hopes for U.S.-Iran Deal; Dell Pops on Blowout Earnings

June S&P 500 E-Mini futures (ESM26) are trending up +0.18% this morning as investors became more confident that the U.S. and Iran are nearing a deal.

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The Economic Times

Why stock market crashed today? Sensex sinks 1,100 points, Nifty below 23,550. 4 key factors

Indian stock markets experienced a sharp downturn Friday, with Sensex and Nifty falling significantly due to persistent foreign investor selling and concerns over a predicted low monsoon. The IMD's forecast of below-normal rainfall and potential El Niño effects fueled inflation worries, impacting investor sentiment across Dalal Street.

AAP

What we know and don't know about the possible deal to end the Iran war

The United States and Iran appear to be closing in on a deal to end the war and open the Strait of Hormuz

The Economic Times

How far have the U.S. and Iran got towards ending the Iran war?

America and Iran have agreed to extend a ceasefire. Shipping through the Strait of Hormuz will resume. Some American sanctions on Iran will be lifted. This is a major step towards ending a war. Talks will continue on Iran's nuclear program and other issues. The deal is not yet finalized.

International Business Times UK

Iran Targets Google, Meta, Amazon & Microsoft: Plans to Charge Fees for Undersea Internet Cables in Strait of Hormuz

Iranian media propose charging Google, Meta, Amazon and Microsoft fees for undersea internet cables in the Strait of Hormuz to generate major revenue amid tensions

The Guardian - UK

Oil prices on track for steepest monthly fall since 2020

Brent crude futures down 19% since end of April amid hopes of US-Iran peace deal, while stock markets rally

The Economic Times

Global Markets: Australian shares log best day in seven weeks on Gulf peace hopes

The stock index rose ⁠a meagre 0.8% ‌for May, bringing to a close a volatile month marked by conflicting reports of progress on a potential deal to extend the ⁠U.S.-Iran ceasefire.

Euronews

Oil prices fall and markets rise on optimism over Iran ceasefire deal

Markets rallied, and oil fell after reports that the United States and Iran had agreed in principle to extend their ceasefire, boosting hopes of a sustained de-escalation in the conflict.

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