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The Latest Breaking News from Iran

Crude Oil Prices Pressured by Iran Peace Hopes

June WTI crude oil (CLM26 ) today is down -3.36 (-3.53%), and June RBOB gasoline (RBM26 ) is down -0.0862 (-2.49%). Crude oil and gasoline prices are sharply lower for a second day today on optimism that a US-Iran peace deal is imminent. The markets await further updates after the...

Barchart

Top Shipping Company CEO Warns Iran War Keeps Raising Costs, Worsening Economic Outlook

The Iran war will continue to disrupt global trade, and its impact is only likely to get worse, the CEO of a major shipping company warned.

International Business Times

How Pakistan became the primary mediator between the US and Iran

Pakistan has emerged as a central diplomatic broker in the conflict between the US and Iran. When announcing a pause to the US operation to guide stranded vessels through the Strait of Hormuz on May 6, Donald Trump said he had made the decision “based on the request of Pakistan”.

The Conversation

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Ukrainian negotiator in US in bid to revive talks with Russia, Zelenskyy says

US-mediated talks on ending Europe's worst conflict since World War II have shown little progress since February, when Washington shifted focus to its war with Iran.

Euronews

AI Surge Powers Asian Stocks To Records Despite Ongoing Iran War And Oil Shock

Japan's Nikkei 225, South Korea's Kospi and Taiwan's Taiex have all reached new highs, tracking a broader global rally that has also pushed U.S. indexes such as the S&P 500 and Nasdaq Composite to record territory.

International Business Times

Jimmy Kimmel on Trump: ‘His list of threats is now longer than Kash Patel’s bar tab’

Late-night hosts discussed the situation in Iran and the Trump administration’s efforts to avoid using the word ‘war’

The Guardian - US

Katie Price claims Dubai is safer than Britain as she reveals she’s stuck in UAE with husband Lee Andrews

Katie Price has revealed that she is stuck in Dubai with husband Lee Andrews after her flight back to the UK was cancelled amid missile strikes by Iran against the United Arab Emirates (UAE).

The Independent UK

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Gold And Silver Could Resume Upward Trend If Iran War Ends: Analysts

Gold and silver could resume their rally if the war in Iran ends, according to market analysts.

International Business Times

Dollar Slips with Crude Oil on US-Iran Peace Hopes

The dollar index (DXY00 ) today is down by -0.14% but remains above Wednesday's 2.5-month low. Optimism that a peace deal between the US and Iran is imminent is curbing safe-haven demand for the dollar today. Also, today's -4% decline in crude oil prices eases inflation expectations and could prompt...

Barchart

Trump administration claiming a ‘win’ against Iran – here’s a report card

Two months into the war in Iran, the reasons the US gave for launching this conflict – and Washington’s minimum criteria for claiming success – now appear unintelligible. So much so that US officials are now arguing the war had actually ended in America’s favour almost a month ago, when…

The Conversation

Iran war has become a lesson in how power really works

For months, the Iran war was framed through the language of military success. This was shaped in part by longstanding orientalist assumptions reflected in the rhetoric of leaders such as Donald Trump and Benjamin Netanyahu about the relative weakness and fragility of states such as Iran.

The Conversation

US underlines 'strong relationship' with Vatican as Rubio meets pope after Trump criticism

Rubio's visit comes after US President Trump accused the pope of being "weak on crime and terrible for foreign policy" after he made critical comments about the Iran war.

Euronews

Stocks Mixed Awaiting an Iran Update

The S&P 500 Index ($SPX ) (SPY ) today is down -0.05%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.20%. June E-mini S&P futures (ESM26 ) are down -0.03%, and June E-mini Nasdaq futures...

Barchart

Marco Rubio meets with Pope Leo at the Vatican amid Trump’s massive feud with pontiff

The tensions between Trump and Pope Leo XIV began last month when the president lashed out on social media accusing the Pope of being soft on crime and terrorism

The Independent UK

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The Independent UK

How Trump’s ‘one page memo’ could take us back to square one in Iran - after thousands of lives lost and economic ruin

The US has reportedly drafted a 14-point memo to end the war and kickstart negotiations towards a nuclear deal but several issues remain unresolved

International Business Times

Brent Crude Dips Below $100 Amid Optimism About Progress Towards Ending Iran War

Oil continued to drop on Thursday amid optimism about progress towards ending the war in Iran.

The Independent UK

These numbers show the global impact of Iran's grip on the Strait of Hormuz

Iran’s grip on the Strait of Hormuz has jolted the world economy

The Independent UK

Iran gives rare update on health of new supreme leader Mojtaba Khamenei

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International Business Times

Fed Officials Voice Growing Concern Over Inflation And Supply Chain Pressure From Iran War

Officials at the Federal Reserve are increasingly concerned over the economic fallout from the US-Israeli war with Iran, with several of them warning that inflation risks are becoming harder to contain as the conflict drags on.

Reason

Florida Wins the Curriculum Wars

Plus: French ship attacked, pro se on the rise, Mamdani's grocery store, and more...

The Independent UK

Trump posts chart bragging about how the Iran War is shorter (so far) than WWII or Vietnam

Trump’s graphic claimed the ‘Iran Excursion’ had been going on for six weeks

Euronews

How UK 30-year bonds reached the highest yield this century and why it matters

Investors are demanding significantly higher returns to hold British debt as 30-year gilt yields reached levels not seen since 1998 this week. The surge represents a major challenge for the UK Treasury but why did it happen and what does it mean exactly?

The Guardian - UK

Iran conducting near-daily prisoner executions in secrecy, say rights groups

Families pressured to stay silent, with at least 24 executions reportedly taking place since March amid internet blackout

Latin Times

Trump Halted Hormuz Operation After Saudi Arabia Refused Military Access - REPORT

President Donald Trump's abrupt decision to pause "Project Freedom," the U.S. military operation aimed at reopening shipping routes through the Strait of Hormuz, reportedly came after Saudi Arabia refused to allow American forces access to its airspace and military facilities, according to NBC News.

The Independent UK

Democratic senators press US military on Israel's evacuation zones, warning of legal risks

Twelve U.S. Democratic Senators have asked the U.S. Central Command about coordination with Israel on evacuation zones in Lebanon and Iran

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