The Latest Breaking News from Iran

UK economy set to have stayed in slow lane after Iran war held back growth

Most economists are expecting GDP to have edged up by a paltry 0.1% in May, after slipping by 0.1% in April.

Evening Standard · Jul 15

Dollar Slips as Favorable PPI Reduces Fed Rate Hike Chances

The dollar index (DXY00 ) is down by -0.12% today. The dollar is under pressure today after US June producer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report has reduced the chances of a Fed rate hike at the FOMC meeting later...

Barchart · Jul 15

IDF soldier who spied for Iran is jailed

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The Independent UK · Jul 15

Iran says 30 civilians killed in US strikes as Trump warns of 'hitting them harder'

Iran said more than 30 civilians have been killed in recent US strikes on southern Iran, as US President Donald Trump warned that Washington would target Iranian power plants and bridges next week unless Tehran returns to the negotiating table.

The Times of India · Jul 15

Donald Trump is running out of options in Iran

Serious hostilities between the US and Iran have resumed. On July 8, Donald Trump said that the ceasefire agreed by the two countries in June was “over”. Since then, he has ordered the US military to carry out intensive airstrikes on Iran and has reimposed an economic blockade of the…

The Conversation · Jul 15

US reports 'wave of strikes' on Iran as war returns

The United States initiated strikes against Iran after reimposing a naval blockade. Iran's Revolutionary Guards reported targeting the US Fifth Fleet in Bahrain. President Donald Trump threatened wider strikes unless Tehran negotiates peace. Tensions remain high over the Strait of Hormuz, a vital oil transit route.

The Economic Times · Jul 15

The Fed's Tough Mission

Plus: More strikes on Iran, Nayib Bukele runs for a third consecutive term, private dinosaur-bone ownership, and more...

Reason · Jul 15

Israeli soldier sentenced to five years in prison for spying for Iran

The man sent pictures of missile interceptions in civilian areas to an Iranian handler

The Independent UK · Jul 15

US resumes daylight strikes on Iran as tensions escalate over Strait of Hormuz

US Central Command said it has resumed daylight strikes on Iran, targeting coastal defences and missile sites. Tehran has reported casualties as tensions rise over a renewed blockade threat, calls for retaliation and the ongoing dispute over the Strait of Hormuz.

Euronews · Jul 15

Renewed U.S.-Iran Clashes Again Cast Uncertainty Over Energy Markets. The ECB Is Bracing

The ECB will reassess its interest rate decision next week as a result of renewed clashes between the U.S. and Iran, Bundesbank President Joachim Nagel said.

International Business Times · Jul 15