The Latest Breaking News from Iran

Iran says it hits US military targets in Gulf, lays slain leader to rest

Iranian forces attacked U.S. military infrastructure in Gulf states on Thursday. These strikes followed U.S. attacks on Iran's southern and eastern provinces. The events put further strain on a three-week-old ceasefire agreement. Iran's Revolutionary Guards warned of a crushing response to further U.S. intervention. Oil prices fell as investors weighed…

The Economic Times · Jul 9

Dollar Slips as Stocks Strengthen

The dollar index (DXY00 ) is down by -0.11% today. The dollar is moving lower today as strength in stocks has reduced liquidity demand for the currency. The dollar dropped to its low after US Jun existing home sales unexpectedly declined. Losses in the dollar are limited after US weekly...

Barchart · Jul 9

Is Hormuz reopening or shutting down? Shipping data and IRGC claims don’t match

Oil tanker traffic through the Strait of Hormuz slowed significantly on Thursday. Renewed US airstrikes and Iranian retaliatory attacks heightened security concerns in the Gulf. Iran's IRGC Navy claimed the strategic waterway was secured and gradually reopening. Several vessels turned off tracking systems, limiting visibility of actual ship movements. Shipping…

The Times of India · Jul 9

With Iran Tensions Heating Up Again, Chevron Stock Looks Enticing

A fracturing peace deal places the spotlight on the Strait of Hormuz, suggesting a cynical play on CVX stock.

Barchart · Jul 9

White House Promotes ‘Freedom Fuel’ Gas Stations Offering $3.47 Gas As Trump Pushes Retailers to Cut Prices

The White House promoted the launch of 25 "Freedom Fuel" gas stations in Pennsylvania and New Jersey this week, framing the privately run network as a cheaper option for drivers amid elevated fuel prices during the summer travel season.

Benzinga · Jul 9

Video shows fighter jet escorting slain Iran Supreme Leader Khamenei’s coffin to Mashhad

The coffin of Ayatollah Ali Khamenei has been returned to Iran from Iraq following solemn funeral rites held in both Najaf and Karbala. His arrival in Mashhad drew large crowds as the community prepared for his burial at the Imam Reza shrine. Khamenei passed away on February 28 during a…

The Times of India · Jul 9

US stocks today: S&P 500, Nasdaq rises as chip stocks' gains offset Middle East jitters

Wall Street rose as chip stocks rallied, offsetting concerns over escalating US-Iran tensions. Gains in semiconductor firms, led by Micron and Applied Materials, lifted indexes, while Meta slipped on AI chip updates. Stable jobless claims supported sentiment, though volatility in AI-linked stocks and rate hike expectations kept markets cautious.

The Economic Times · Jul 9

Goldman Sachs Ditches Oil Glut View— Warns Gulf Hostilities Could Choke Crude Flows

A week after warning of an impending global oil glut, Goldman Sachs reversed its outlook, saying renewed hostilities in the Persian Gulf now pose a risk of prolonged oil supply disruptions.

Benzinga · Jul 9

How Iran used Ali Khamenei’s funeral as a political and diplomatic tool

Ali Khamenei, who served as Iran’s supreme leader until his assassination in a US-Israeli operation in February 2026, was finally laid to rest on July 9. His burial brings a week of public mourning ceremonies and processions to an end, and comes as hostilities between the US and Iran are…

The Conversation · Jul 9

Freedom Fuel?

Plus: Platner is out, so is reading, Netflix is not a monopoly, and more...

Reason · Jul 9