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The Latest Breaking News from Iran

Melania Trump opens Mother’s Day military tribute with reminder of deaths from husband’s Iran war

President Donald Trump used his turn at the podium to boast about the Iran war, his Cabinet and first lady's Amazon movie

The Independent UK

Cotton Trading Off the Lows, but Still Lower at Midday

Cotton futures are trading with 62 to 188 point losses in the front months on Wednesday. May expires at the close. The US dollar index is $0.405 lower at $97.905. Crude oil is down $6.71 at midday following the US and Iran closing in on reaching a memorandum of understanding...

Barchart

Why gasoline costs 52% more in the US than it did before the Iran war

The price of a gallon of regular gasoline in the U.S. has climbed 31 cents in the past week and is now 52% higher than before the Iran war began

The Independent UK

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Shipping firms are being whipsawed by changing stances and risks as they wait for Hormuz to reopen

With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two months into the Iran war

The Independent UK

Military dolphins are a real thing. Here’s what to know about them

Dolphins have the most sophisticated sonar known to science

The Independent UK

Oil prices fall as Trump says strait of Hormuz ‘open to all’ if Iran accepts deal

US president says war will end if Tehran agrees to deal, but that ‘bombing starts’ again if it does not

The Guardian - UK

UK moves to curb antisemitic attacks: 14-year sentences planned for foreign-backed crimes

Britain is taking bold steps to combat foreign-backed violence with new, tougher laws. Courts can now hand down sentences of up to 14 years for those who, even unknowingly, serve the interests of hostile nations. This legislation arises in response to alarming trends, particularly the Iranian efforts to enlist criminals…

The Times of India

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Bulletin world briefing: Israel ‘not aware’ of Trump being close to peace deal with Iran

Israel ‘not aware’ of Trump being close to peace deal with Iran Passenger numbers at Dubai airport fall 66 per cent amid Iran war Family of four in India die mysteriously after eating watermelon North Korea updates constitution to drop references to unity with South Why a nightclub in Mexico…

The Independent UK

Stocks soar and oil sinks on fresh peace deal hope

The FTSE 100 closed up 219.55 points at 10,438.66.

Evening Standard

Iranian Attacks Reportedly Hit More U.S. Bases Than Previously Disclosed

Iranian attacks against U.S. bases in the Middle East have caused more damaged than initially disclosed, according to a new report.

International Business Times

Bulletin PM briefing: Trump threatens to bomb Iran and British man evacuated from virus-stricken cruise ship

In case you missed them – here are today’s five biggest stories

The Independent UK

Another day, another pivot as Trump flails in an Iran trap of his own making

Latest proposal, derided by Tehran as a ‘wishlist’, could yet be a way out – but with 5,000 dead, it comes at an awful price

The Guardian - UK

US fires on Iranian-flagged oil tanker as Trump gives Tehran fresh ultimatum

President tells Iran to accept deal to end war or face new wave of bombing at ‘much higher level and intensity’

The Guardian - UK

Israel ‘not aware’ of Trump being close to negotiating peace deal with Iran

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The Independent UK

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The Independent UK

Gas price surge hits lower-income Americans the hardest, research shows

This trend has exacerbated existing economic disparities across the nation

Barchart

Crude Oil Prices Plummet on Optimism of US-Iran War to End

June WTI crude oil (CLM26 ) today is down -7.13 (-6.97%), and June RBOB gasoline (RBM26 ) closed down -0.1780 (-4.92%). Crude oil and gasoline prices are plunging today, with crude falling to a 2-week low and gasoline sliding to a 1-week low. Optimism that a US-Iran peace deal is...

The Independent UK

‘Rockets flew over our heads’: Ukrainian sailor who fled war trapped on ship in Strait of Hormuz

Donald Trump said his new ‘Project Freedom’ initiative to save ships stranded in the Gulf has been put on hold

International Business Times

Iran Says It's Reviewing The U.S.'s Latest Proposal To End The War

Iran said on Wednesday that it is reviewing the U.S.'s latest proposal to end the war.

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The Independent UK

Florida activist finally comes down from DC bridge five days into protest

His presence led to intermittent traffic disruptions as local police closed lanes and engaged in negotiations.

Barchart

S&P 500 and Nasdaq 100 at Record Highs on Tech Earnings and US-Iran Peace Hopes

The S&P 500 Index ($SPX ) (SPY ) today is up +1.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.44%. June E-mini S&P futures (ESM26 ) are up +1.19%, and June E-mini Nasdaq futures...

The Guardian - US

Jimmy Kimmel on Trump’s ballroom: ‘What can you say? The man loves to dance’

Late night hosts focused on Trump’s Iran war, the latest Maga AI meme and Cinco de Mayo celebrations

International Business Times UK

Is World War III Coming? Donald Trump Issues Chilling Warning During Iran Conflict

President Trump warns of World War III if tensions with Iran escalate, emphasizing the importance of strong leadership to prevent global conflict.

The Times of India

Ceasefire in a page: US, Iran shrink war to a memo

TOI correspondent from Washington: The United States and Iran are edging closer to a diplomatic breakthrough, with both sides working to finalize a one-page memorandum that could open the door to longer-term negotiations and end the three-month long global ordeal.

Latin Times

Fox News Host Says Trump Believes Iran Is 'Serious About Surrendering' After Hormuz Pause: 'He Must Know What He's Doing'

Trump said the operation would pause for "a short period of time" while negotiations continued toward what he described as a "complete and final agreement" with Iran

The Conversation

China has played a key role in the Iran war – and will continue to do so

Donald Trump has paused “Project Freedom”, the US operation aimed at restoring commercial shipping through the Strait of Hormuz. In a post on social media just days after the operation was first announced, Trump said he had made the decision to give US negotiators time to reach an agreement with…

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