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The Latest Breaking News from Iran

Ahead of Market: 10 things that will decide stock market action on Tuesday

Benchmark indices Sensex and Nifty fell for a fourth straight session amid elevated crude oil prices, geopolitical tensions and persistent selling pressure. Market breadth remained weak, technical indicators turned bearish, while select stocks including Wockhardt and NMDC Steel attracted buying interest and hit fresh highs.

The Economic Times

AAP Rolling News Bulletin June 2, 0200

AAP Rolling News Bulletin for June 2 at 0200

AAP

Bulletin PM briefing: Mandelson’s secret WhatsApp messages and Iran calls off peace talks

Here are five of today’s biggest stories in case you have missed them

The Independent UK

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Donald Trump Exposed: Pentagon Hid Iranian Strike Damage on 28 US Bases as POTUS Claims Victory in Iran War

Recent reports and satellite imagery reveal significant damage to US military sites in the Middle East, challenging Trump's claims of a decisive victory over Iran.

International Business Times UK

Iran halts peace talks with US after Israel strikes Lebanon, plans to tighten control over Hormuz

Renewed attacks in Lebanon have halted US-Iran message exchanges, with Tehran threatening to block the Strait of Hormuz and activate new fronts. Iran insists on a complete cessation of Israeli operations in Gaza and Lebanon before resuming any talks. Escalating Israeli strikes in Beirut further complicate fragile diplomatic efforts.

The Times of India

CEOs are losing confidence in the economy and expect conditions to worsen in the next six months, survey finds

CEO confidence fell 12 points this quarter as the economic impacts of the Iran War hit American businesses.

Fortune

AAP Rolling News Bulletin June 2, 0130

AAP Rolling News Bulletin for June 2 at 0130

AAP

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US manufacturing activity scales four-year high in May, ISM says

American manufacturing saw a significant boost in May, reaching its highest point in four years. Businesses are ordering ahead due to rising prices and shortages. The conflict with Iran is impacting global shipping and commodity costs. Despite increased orders, factory jobs remain low, with companies managing headcounts through attrition and…

The Economic Times

The Strait of Hormuz is splitting into U.S. and Iranian lanes as ship traffic picks up even while fighting intensifies

Over the last three weeks, Central Command has guided about 70 ships in and out of the Persian Gulf.

Fortune

Iran calls off peace talks with US – here’s why

IN FULL

The Independent UK

Dollar Rises on Hawkish Rally in Oil Prices

The dollar index (DXY00 ) is up +0.42% on safe-haven demand after Iran said it halted ceasefire talks with the US, which could prompt a new large-scale US military attack on Iran. That report prompted a rally of more than +7% in crude oil prices, which in turn prompted a...

Barchart

Oil Soars As U.S.-Iran Negotiations Stall And Clashes Escalate Through The Middle East

Oil is soaring on Monday as negotiations between the U.S. and Iran stall and clashes escalate again throughout the Middle East.

International Business Times

'Sit Back and Relax': Donald Trump Explodes in 1 AM Iran Rant and Claims He Has 'Extreme Intelligence'

Donald Trump's late-night post on Iran negotiations mixes diplomacy, criticism of political opponents and self-promotion, highlighting his unique communication style amid ongoing talks with Tehran.

International Business Times UK

AAP Rolling News Bulletin June 2, 0100

AAP Rolling News Bulletin for June 2 at 0100

AAP

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Fortune

The Iran conflict has disrupted oil supply. Gulf states are now looking to multi-billion-dollar investments in renewables

The U.S.-Israeli war with Iran has triggered the largest oil supply disruption in history, accelerating Gulf diversification efforts and promoting major new investments.

International Business Times

Iran Halts U.S. Talks Over Israel's Escalation In Lebanon, Local Media Says

Iranian media said on Monday that authorities halted talks with the U.S. over Israel's escalation in Lebanon and would activate its proxies to block the Strait of Hormuz and activate other fronts.

The Economic Times

JetBlue flags higher fuel costs as Iran conflict drags on

Fuel price volatility has prompted airlines across the globe to hike passenger fares and baggage fees to recover higher costs, as well as cut flight frequency ⁠and routes ‌to limit fuel usage.

AAP

AAP Rolling News Bulletin June 2, 0030

AAP Rolling News Bulletin for June 2 at 0030

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Euronews

Tehran suspended negotiations via mediators with US, Iranian media says

Iran has suspended all indirect talks with the US and announced it would pursue "complete closure of Strait of Hormuz," accusing Israel of "continuing crimes" in Lebanon and stating that any ceasefire breach on one front breaks the truce in general.

Barchart

Stocks Pressured as Oil Prices Jump on Report that Iran Has Halted Ceasefire Negotiations

The S&P 500 Index ($SPX ) (SPY ) is down -0.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.36%. June E-mini S&P futures (ESM26 ) are down -0.05%, and June E-mini Nasdaq futures (NQM26...

The Economic Times

Iran suspends indirect US contacts, threatens wider pressure on key shipping routes

Iran has halted communication with the US through mediators. This action follows attacks on Lebanon. Iran and its allies plan to block the Strait of Hormuz. They also intend to activate other fronts, including the Bab El Mandeb Strait. This is a response to punish Israel and its supporters. No…

International Business Times UK

Iran Rejects Trump's Peace Announcement Hours After He Made It: 'Incomplete and Inconsistent With Reality'

Iran's state media refutes Trump's claim of a negotiated peace deal, exposing discrepancies in US-Iran talks and questioning the proximity to a lasting settlement.

AAP

Oil prices rise, but not by enough to drag Wall Street far off its records

Oil prices are rising following the latest fighting to threaten the U.S.-Iran ceasefire, but Wall Street isn't very worried, and U.S. stocks are hanging around their records

The Economic Times

US-Iran conflict flares again: American strikes trigger missile retaliation as peace talks falter

Tensions flare as the US strikes Iran following an Iranian drone shootdown. Iran retaliates with missile fire towards Kuwait, targeting US forces. These exchanges test a fragile ceasefire, impacting global energy supplies and fertilizer markets. Peace talks continue amidst escalating regional conflict, with both sides expressing cautious optimism.

Latin Times

U.S. Has Quietly Coordinated Passage of Around 70 Commercial Ships Through Strait of Hormuz Over Three Weeks: Report

Iran said on Sunday that 28 vessels, including oil tankers and container ships, crossed the waterway in the previous 24 hours after coordinating with Tehran

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