The Latest Breaking News from Iran

'Hormuz blockade only for Iran and anybody doing business with them': Trump

In a bold move, US forces are set to re-establish a naval blockade in the vital Strait of Hormuz, specifically aimed at Iranian operations. This initiative is designed to significantly diminish Iran's military power and secure the essential shipping route. Current military engagements from the US have already dealt a…

The Economic Times · Jul 14

'20% too much, Iran will be fair': Iranian FM Araghchi takes dig at Trump over Hormuz "guardian" remark

In an amusing retort, Iran's foreign minister dismissed President Trump’s suggestion of charging fees for Strait of Hormuz security, claiming that Iran exclusively oversees this essential maritime route. Trump had previously indicated a twenty percent charge, but Iran strongly warned against US meddling, with both nations standing firm in their…

The Economic Times · Jul 14

Iran's military 'demolished', being hit 'very hard': Trump

United States President Donald Trump announced intensified strikes against Iran. He stated the US is blockading maritime traffic entering and exiting Iranian ports. These actions aim to impose a heavy cost on Iranian forces. Iran issued a stern warning against US intervention in Hormuz Strait management. President Trump will address…

The Economic Times · Jul 14

Motorists to pay price for US blockade, toll in strait

While the government is concerned about the impact on petrol prices, the opposition warns a US toll in the Strait of Hormuz would set a dangerous precedent.

AAP · Jul 13

Middle East live: Trump backs down on Hormuz levy in favour of Gulf investment deals

President Donald Trump on Tuesday announced a reversal of his plan to charge a 20% toll on cargo passing through the Strait of Hormuz, saying he would instead seek investment deals with Gulf states. The announcement came hours after the US launched strikes targeting Iran, and Tehran retaliated by attacking…

France 24 · Jul 13

Trump announces Thursday speech reopening 2020 election fraud claims

US President Donald Trump will deliver a national address on Thursday regarding newly declassified intelligence on investigations into the 2020 presidential election and alleged voting machine flaws – reviving fraud claims long dismissed by courts and officials, as critics warn the speech could lay groundwork to contest future midterm losses.

France 24 · Jul 13

US launches third straight night of strikes on Iran as Strait of Hormuz tensions escalate

United States forces conducted strikes on Iranian military assets for a third night. These actions aim to degrade Iran's ability to attack commercial shipping. President Trump announced plans to reinstate a blockade on Iranian shipping. The Strait of Hormuz has become a focal point of US-Iran confrontation. A maritime blockade…

The Times of India · Jul 13

US launches third night of strikes on Iran as Trump announces Hormuz blockade

American president says ships will be charged for safe passage through strait in apparent policy reversal

The Guardian - UK · Jul 13

McConnell's absence could jeopardize Republicans' defense spending agenda as the Iran war escalates

The Trump administration has asked Congress for an additional $350 billion in defense funds amid the reignited Iran war.

Fortune · Jul 13

Cotton Closes Mixed on Monday

Cotton futures were mixed to start the week, with contracts down 9 to 10 points higher. Crude oil was up $6.54 on the day following increased tensions with the US and Iran. The US dollar index was up $0.325. Monday afternoon’s Crop Progress showed 60% of the US cotton crop...

Barchart · Jul 13