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The Latest Breaking News from Iran

Hormuz is No Suez or Panama Canal, Says Global Shipping Giant, Slams Trump's 20% Toll as 'Fundamentally Wrong'

Shipping executives warned that President Donald Trump’s proposed 20% levy on vessels passing through the Strait of Hormuz could backfire by discouraging ship traffic and further reducing activity on the crucial trade route.

Benzinga · Jul 14

Trump withdraws Hormuz tolls threat but says US will continue to blockade Iran

US hits targets in port cities of Bushehr and Bandar Abbas while Iran targets Bahrain and Jordan in retaliation

The Guardian - UK · Jul 14

Oil price jumps as US-Iran clashes raise odds of interest rate rises

Energy prices later stabilise after Trump abandons plan for 20% levy on traffic through strait of Hormuz

The Guardian - UK · Jul 14

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A 3,500-year-old bronze helmet from ancient Iran reveals how Elamite warrior kings carried their gods into battle

An Elamite warrior king wore a bronze helmet decorated with gold-plated deities. This artifact reveals sophisticated Elamite civilization and deep religious beliefs. A mountain-water god and goddesses adorned the helmet, symbolizing life and wisdom. A giant raptor likely represented celestial and earthly powers combined. This relic showcases ancient people blending…

The Times of India · Jul 14

CBSE Gulf exam row: Supreme Court posts assessment plea for next week

The Supreme Court on Tuesday said it will hear next week petitions challenging the CBSE's assessment scheme for regular Class 12 students in Gulf countries whose board examinations were cancelled due to the Iran-US war. The CBSE told the court it will file its response before the matter is taken…

The Economic Times · Jul 14

S&P Futures Muted as Investors Weigh Big Bank Earnings, U.S. Inflation Data and Warsh’s Testimony in Focus

September S&P 500 E-Mini futures (ESU26) are down -0.06% this morning as investors digest earnings reports from big U.S. banks, with the focus now turning to key U.S. inflation data and Federal Reserve Chairman Kevin Warsh’s congressional testimony.

Barchart · Jul 14

US attacks Iran using unmanned kamikaze boats for first time as battle over Hormuz continues

Oil prices hit a four-week high as the US and Iran traded strikes

The Independent UK · Jul 14

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First Thing: Trump threatens to impose US tolls on Hormuz shipping as strikes on Iran continue

Change of US position on free navigation comes as two tankers hit by Iranian cruise missiles

The Guardian - UK · Jul 14

Hunter Biden says ‘rule of law prevailed’ in defamation lawsuit netting him $1.7m

Biden sued ex-CEO of Overstock.com Patrick Byrne over claim that Biden had sought bribe from Iran government

The Guardian - US · Jul 14

Former Defense Secretary Mark Esper Backs Trump's Iran Blockade: 'the Right Move'

Former Defense Secretary Mark Esper on Monday backed President Donald Trump’s decision to reinstate a U.S. naval blockade of Iranian ports, calling it the "right move" as Washington claims a bigger security role in the Strait of Hormuz.

Benzinga · Jul 14

‘Pirates of Hormuz’: Brazil PM Lula attacks Trump's 20% shipping toll, calls it ‘piracy’

Brazilian President Luiz Inácio Lula da Silva has openly criticized Donald Trump's suggestion to impose a fee on ships traversing the Strait of Hormuz, branding the U.S. as a 'pirate state.' Trump claimed that the U.S. would assume the role of guardian over this vital waterway. This development emerges amid…

The Times of India · Jul 14

Israel groomed former Iranian president for secret regime-change plan: Report

Israel reportedly spent years cultivating Mahmoud Ahmadinejad as a potential asset. This covert operation aimed to leverage his estrangement from Iran's leadership. Israeli intelligence perceived him as a viable instrument for regime change. His public persona shifted significantly after leaving the presidency.

The Economic Times · Jul 14

US strikes Iran, vows to reimpose naval blockade

TEHRAN - The United States on Tuesday launched a fresh wave of strikes on Iran and President Donald Trump vowed to reimpose a naval blockade, prompting Tehran to respond with attacks on countries in the region.

Bangkok Post · Jul 14

Iranian flights to Yemen are violation of sovereignty, says Yemeni official

Plane bringing Houthi delegation home from Tehran had to divert after Yemeni government bombed Sana’a airport

The Guardian - UK · Jul 14

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The Economic Times · Jul 14

Why stock market fell today? Rising oil prices among key factors behind Rs 3 lakh crore wealth erosion

Benchmark indices Sensex and Nifty fell sharply on Tuesday as soaring crude oil prices, renewed rate hike fears, weak Q1 earnings from HCL Tech, a weaker rupee and fragile global cues triggered broad-based selling.

The Independent UK · Jul 14

Dubai planning new port to bypass Iran in Strait of Hormuz

IN FULL

The Economic Times · Jul 14

Trump's Strait of Hormuz Plan Explained: Can the US charge ships and what it means for India

Strait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has sparked a sharp rebuttal from Iran and raised fresh concerns over oil prices, global trade and India's economy. Here's what international law says, why the UN opposes…

The Economic Times · Jul 14

India condemns Hormuz attacks, summons Iranian envoy after sailor's death

India summoned Iran's Deputy Chief of Mission to protest missile attacks on two merchant vessels. One Indian national died and ten others sustained injuries during the Strait of Hormuz transit. The UAE Ministry of Defence reported Iranian cruise missiles struck the vessels within Omani waters. Iran's IRGC claimed disabling tankers…

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Bangkok Post · Jul 14

US-Iran strikes: latest developments

DUBAI - The United States launched a third night of strikes on Iran as President Donald Trump reimposed a blockade on Iranian ports and proposed that all ships pay a fee to the United States to pass through the strategic Strait of Hormuz. Here are the latest developments:

The Independent UK · Jul 14

Dubai to build new port to bypass Strait of Hormuz as Iran continues attacks on ships

The UAE has been the hardest-hit by Iranian retaliatory strikes and seeks to protect itself from further hostilities

The Independent UK · Jul 14

Trump hosts Iraqi PM who chaired bank accused of funneling money to Iran

Trump is welcoming Iraq's new prime minister to the White House on Tuesday after strongly backing the political neophyte in his bid for office

Euronews · Jul 14

'We will deal with it,' Trump says as US probes reports of Iranian drones in Cuba

The US president said his administration is checking whether Tehran stores drones and missiles on the island and warned Washington will act if confirmed, but he offered no proof or details about the alleged weapons.

The Independent UK · Jul 14

Iran hits two UAE tankers in Strait of Hormuz after a night of Trump strikes

IN FULL

The Economic Times · Jul 14

German yields hit 2-year high as Middle East conflict stokes inflation fears

German two-year bond yields reached their highest point since July 2024. This rise occurred as Middle East conflict fears boosted inflation and interest rate expectations. Money markets now anticipate the European Central Bank raising its deposit rate significantly. Oil prices also climbed due to renewed U.S. naval blockades of Iran.…

The Economic Times · Jul 14

Global Market: European shares fall as US-Iran tensions rattle markets; BP gains, Ericsson slumps

European shares fell at the open as escalating US-Iran tensions dented risk appetite, while investors assessed earnings from BP, Ericsson and Evotec amid rising oil prices.

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