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The Latest Breaking News from Iran

USAF wants to replace $30 million MQ-9 Reaper drones with cheaper UAVs after "dozens" were lost in Iran, costing taxpayers billions

The Pentagon seeks a cheaper long-range drone after costly MQ-9 losses raised concerns about future battlefield sustainability and affordability.

TechRadar

Lebanon deal risks renewed endless conflict

Late last month, Lebanon and Israel signed a framework agreement with the United States that Lebanon's chief negotiator, Nada Hamadeh Moawad, described as a "first step on the road to restoring Lebanese sovereignty and territorial integrity." But, as the agreement implicitly acknowledges, Israel is not the only threat to Lebanon's…

Bangkok Post

Watch: US disables oil tanker heading to Iran as naval blockade intensifies

United States forces disabled an oil tanker attempting to reach Iran's Kharg Island port. This action occurred during the initial enforcement period of a reinstated naval blockade. The vessel ignored multiple warnings and attempted to violate the US blockade. US forces also launched strikes against Iranian military capabilities in the…

The Times of India

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Iran Unveils Trump in a Coffin Mural as US Treats Revenge Plot as Credible

A new mural in Tehran depicts Donald Trump in a coffin, reflecting Iran's escalating rhetoric following Ayatollah Khamenei's assassination. US intelligence treats the threat against Trump as credible.

International Business Times UK

China's GDP Growth Slows to 4.3% in Second Quarter as Iran War Hits Oil Prices

China's economy grew by 4.3% in Q2 2026, the slowest since 2022, due to the Iran war's impact on oil prices and weak domestic spending, despite a surge in exports.

International Business Times UK

US launches fifth straight day of strikes on Iran, targets military sites near Strait of Hormuz

United States forces conducted new airstrikes against Iran on Wednesday. These strikes targeted coastal defense systems and missile infrastructure near the Strait of Hormuz. Iranian media reported explosions across southern Iran following the US attacks. Iran's parliament speaker described the conflict as an existential war with America. The renewed strikes…

The Times of India

Broader Market Settles Higher as Positive Inflation News Outweighs Chip Rout

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.38%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.28%. September E-mini S&P futures (ESU26 ) rose +0.35%, and September E-mini Nasdaq futures...

Barchart

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Dems split on Massie effort to zero out Israel security aid

The House Wednesday shot down an amendment to a State Department spending bill that would have blocked billions in U.S. military aid to Israel, but a substantial number of Democrats voted to cut off Israeli Prime Minister Benjamin Netanyahu’s war machine. The chamber defeated Kentucky Republican Rep. Thomas Massie’s amendment,…

Roll Call

Family Reveals British Couple in Iran Face Fresh Ordeal as Husband's Jail Sentence Is Extended

The family of British couple Craig and Lindsay Foreman say his prison term in Iran has been quietly extended by two years for speaking to the media, as both grow dangerously weak on hunger strike in Evin prison.

International Business Times UK

US carries out daytime attack against Iran in latest escalation

IN FULL

The Independent UK

Iran War Hormuz Toll Could Trigger $136bn Global Chokepoint Scramble, Analysts Warn

Iran's tolls on the Strait of Hormuz could set a precedent for other nations, potentially reshaping global trade costs and impacting consumer prices worldwide.

International Business Times UK

Dollar Falls with Bond Yields on Favorable US Producer Prices

The dollar index (DXY00 ) fell to a 3.5-week low on Wednesday and finished down by -0.46% today. The dollar retreated on Wednesday with T-note yields after US June producer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report has reduced the chances...

Barchart

Crude Oil Prices Move Higher on the Prospects of Tighter Global Supplies

August WTI crude oil (CLQ26 ) on Wednesday closed up +0.26 (+0.33%), and August RBOB gasoline (RBQ26 ) closed up +0.0736 (+2.28%). Crude oil and gasoline prices settled higher on Wednesday, with gasoline up sharply at a 7-week high. Crude prices found support after the US launched airstrikes against Iran...

Barchart

US launches ‘wave of strikes’ on Iran, Tehran threatens to halt regional energy exports

The US military on Wednesday launched rare daytime attacks on Iran, including a 90-minute wave of strikes, as it reimposed a naval blockade on Iranian ports. Tehran responded with strikes on “US military targets” in Gulf states and threatened to halt energy exports in the region.

France 24

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Euronews

More world leaders arrive in Doha to honour Qatar's former emir

European delegations continued to arrive in Qatar on the third day of national mourning, with France, Germany and Britain among those sending senior representatives, as Iran's foreign minister, the UAE president, Jordan's king and Palestinian president also paid their respects.

The Guardian - UK

Chaos and confusion bring US no closer to resolution on strait of Hormuz

Five months of U-turns and false boasts leave Donald Trump in worse position than when he started

The Times of India

Jones Act waiver extension on the table as Iran tensions threaten US fuel prices - report

The White House is weighing another extension of waivers allowing foreign ships to transport goods between US ports as renewed conflict with Iran raises concerns about energy prices and supply disruptions, two sources familiar with the discussions told Reuters.

Evening Standard

US military intercepts ships trying to run reimposed naval blockade of Iran

Ongoing clashes over a Gulf waterway, vital to global energy supplies, have fuelled concerns of a return to a full-blown conflict.

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France 24

Why the US is launching naval drones at Iran’s port city of Bandar Abbas

The US has pounded Iran’s southern port city of Bandar Abbas since Tehran and Washington renewed missile strikes last week, including an unprecedented sea drone attack on a submarine maintenance facility. We take a look at why this city of more than half a million people has become a prime…

The Independent UK

Bulletin world briefing: US launches new wave of strikes on Iran as Trump weighs ‘major offensive’

Here are five stories from across the globe you may have missed

The Guardian - US

Michael Kosta on Lindsey Graham’s sister: ‘A senate seat? That’s an inheritance jackpot!’

Late night hosts discuss US air strikes in Iran, Trump-Epstein files and companies bringing back the dead with AI

The Independent UK

US launches fresh strikes on Iran as Trump weighs ‘major offensive’

IN FULL

Barchart

Crude Oil Prices Erase Early Gains on a Bearish EIA Inventory Report

August WTI crude oil (CLQ26 ) today is down -0.54 (-0.68%), and August RBOB gasoline (RBQ26 ) is up +0.0206 (+0.64%). Crude oil and gasoline prices are mixed today. Crude prices gave up an early advance and turned lower today on a bearish weekly EIA inventory report. Crude prices initially...

International Business Times UK

Trump's 20% Shipping Fee Plan in Hormuz Collapses Less Than One Day After Announcement

Trump's 20% Hormuz shipping fee collapsed in less than a day after Gulf allies intervened, reviving debate over Trump's negotiating style as tensions with Iran escalated.

Barchart

Stocks Mixed on Favorable Inflation News and Chipmaker Weakness

The S&P 500 Index ($SPX ) (SPY ) today is up +0.15%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.64%. September E-mini S&P futures (ESU26 ) are up +0.16%, and September E-mini Nasdaq futures...

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