The Latest Breaking News from Iran

The U.S. And Iran Are Escalating Clashes Again. Stocks Dropped And Oil Soared Almost 10%

Stocks dropped on Monday as tensions between the U.S. and Israel flare up again.

International Business Times · Jul 13

UN Shipping Agency Says There Is 'No Legal Basis' for Trump's Hormuz Toll Plan

The UN's maritime agency has rejected Donald Trump's proposal to charge a 20% fee for vessels passing through the Strait of Hormuz, citing no legal basis for tolls on international waterways.

International Business Times UK · Jul 13

Dollar Rises with Crude Prices and Bond Yields

The dollar index (DXY00 ) rose by +0.29% on Monday. The dollar found support Monday on some safe-haven demand from escalating hostilities in the Middle East after the US and Iran traded attacks over the weekend. Also, Monday's stock market weakness boosted liquidity demand for the dollar. In addition, Monday's...

Barchart · Jul 13

A new statue trolling Trump and his war with Iran has appeared on the DC National Mall

The trophy comes from the same group of anonymous artists who put a statue of Trump and Jeffrey Epstein on the National Mall last year

The Independent UK · Jul 13

Trump informs Congress of renewed military action against Iran

The Trump administration formally notified Congress that military activities against Iran resumed last week, renewing questions about the administration’s obligation to seek congressional approval for a war that began in February. The notification, which the 1973 War Powers Resolution requires be sent to congressional leaders within 48 hours of military…

Roll Call · Jul 13

Israel sets October date for first elections since Hamas attacks in 2023

Vote will allow Israelis to pass judgment on Benjamin Netanyahu and his handling of conflicts in Gaza and Iran

The Guardian - UK · Jul 13

It's a shame the US and Iran can't both lose

The last time oil tankers were being shot up in the Persian Gulf, back in the 1980s, it was Saddam Hussein's brutal tyranny in Iraq versus Ayatollah Khomeini's revolutionary Islamist regime in Iran, and people used to say, "It's a shame that both sides can't lose."

Bangkok Post · Jul 13

SET continues to outperform the region

After defying the "Sell in May" trend, the Stock Exchange of Thailand (SET) in June continued to rise, helped by the US-Iran ceasefire.

Bangkok Post · Jul 13

Trump takes a page from Iran's playbook on the Strait of Hormuz, leveraging U.S. influence over the contested chokepoint to generate revenue

Trump announced the U.S. will reimpose a naval blockade on Iran and will demand reimbursement on all other cargo shipped through the waterway.

Fortune · Jul 13

Israel courted Iran’s former hardline president for post-regime role, reports claim

Mahmoud Ahmadinejad reportedly wooed by Mossad agents after distancing himself from Khamenei

The Guardian - UK · Jul 13