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The Latest Breaking News from Iran

Gianni Infantino affirms at the FIFA Congress that Iran will participate in the World Cup

FIFA President Gianni Infantino opened his address at the FIFA Congress by affirming that Iran will participate in the World Cup and that the team will play in the United States despite the conflict between the two nations

The Independent UK

Dollar Weakens as Japan Intervenes in Forex Market to Support the Yen

The dollar index (DXY00 ) on Thursday tumbled to a 1.5-week low and finished down by -0.95%. Thursday’s +2% rally in the yen weighed on the dollar after the Nikkei reported that the Japanese government and the BOJ conducted yen-buying operations. Earlier on Thursday, Japanese Finance Minister Satsuki Katayama warned...

Barchart

Experts Push Back Against Trump's Claims that Iran's Oil Infrastructure Could 'Explode' Soon

President Donald Trump's claim that Iran's oil pipelines could soon "explode" under pressure from a U.S. blockade is drawing skepticism from energy analysts.

International Business Times

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Crude Oil Prices Retreat on Signs of Weaker Global Energy Demand

June WTI crude oil (CLM26 ) on Thursday closed down -1.81 (-1.69%), and June RBOB gasoline (RBM26 ) closed up +0.0228 (+0.63%). Crude oil and gasoline prices settled mixed on Thursday, with gasoline soaring to a 3.75-year high. Crude oil gave up an early advance and fell sharply on Thursday...

Barchart

Trump aide Josh Gruenbaum dropped from Ukraine, Iran roles: Here's why he was sidelined

Josh Gruenbaum, formerly an adviser to Jared Kushner and Steve Witkoff on Russia-Ukraine and Iran policy, will now exclusively focus on Gaza Strip issues through the independent Board of Peace. This shift follows internal concerns about his working style, reducing his responsibilities from key foreign policy matters.

The Times of India

Iran to play World Cup 2026 games in United States as planned, Fifa president Infantino says

His comments follow recent uncertainty stemming from the Iran war following US and Israeli airstrikes in the country on 28 February

The Independent UK

Gianni Infantino tells Fifa congress that Iran will play at World Cup in US as planned

Iran’s participation had been in doubt following US and Israeli attacks on the country that killed Ayatollah Ali Khamenei

The Guardian - UK

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UK raises terror threat level to severe after two Jewish men stabbed in north London

Severe is the second-highest rung on a five-point scale and means intelligence agencies consider an attack highly likely in the next six months.

Euronews

Pete Hegseth looked bad in the House. He looks even worse in the Senate

ANALYSIS: Watching Hegseth try and answer these probing questions from restrained experts was like watching Buzz Lightyear realize he isn't really a spaceman, writes Holly Baxter

The Independent UK

America shot its arsenal empty in 2 wars. Now it needs Beijing's permission to reload

The Iran and Ukraine conflicts have drained U.S. missile stockpiles — and restocking requires rare earth materials that China controls with an iron fist.

Fortune

Hegseth ‘dangerously exaggerated’ US military triumph in Iran, Senate hears

Senator Jack Reed says at hearing that defense secretary failed to give Trump accurate picture of war in Iran

The Guardian - US

Hopes of wartime windfall shot down for federal budget

The federal treasurer is being urged not to grandfather tax breaks for asset-holders in the budget as the economic impact of the Iran war worsens.

AAP

Oil Shock From Iran Conflict Pushes Global Economy Toward Stagflation Risk: Analysis

A sustained energy supply shock is reshaping global economic expectations, with analysts warning that inflationary pressure and slowing growth are increasingly moving in tandem across major economies.

International Business Times

Your laundry bill is about to get more expensive—and Unilever says the Iran war is partly to blame

“There will be frequent price increases, but in small doses,” Unilever CFO Srinivas Phatak told analysts on Thursday.

Fortune

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Euronews

Trump launches fresh tirade against Merz after troop withdrawal threat

Trump's barrage of criticism comes in response to Merz's comments on Monday that the US was being "humiliated" by the Iranian leadership.

The Independent UK

Average US long-term mortgage rate rises to 6.3%, ending a 3-week slide

The average long-term U.S. mortgage rate rose this week, pushing up borrowing costs for prospective homebuyers in the midst of the spring homebuying season

The Times of India

The week that was in international affairs: UAE to exit Opec; Ukraine makes Russia jittery

UAE exits Opec, impacting global oil dynamics amid regional tensions. Ukraine escalates attacks on Russia, forcing Moscow to scale back Victory Day parades. King Charles' US trip strengthens UK-US ties. Syria begins its first transitional justice trial. China pressures African nations, forcing Taiwan's President to cancel a trip.

The Independent UK

The Latest: Hegseth faces a second day of Democrats grilling him over the Iran war

Defense Secretary Pete Hegseth faces a second day of grilling from Democrats on Capitol Hill, with senators getting their first opportunity to confront or praise the Pentagon chief over his handling of the Iran war

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The Independent UK

Tax refunds and AI boom have offset some US economic pain from Iran war and high gas prices, so far

Americans are paying for the war in Iran with every visit to the gas station, but some of the damage to the U.S. economy is being offset — for now anyway — by big tax refunds and an investment boom driven by artificial intelligence

The Guardian - UK

Trump tells Merz to ‘fix his broken country’ in new attack on German chancellor

US president’s latest outburst comes a day after he suggested a ‘possible reduction’ in US troops in Germany

The Times of India

Move over TACO, NACHO takes over: Trump earns new nickname amid oil disruption from Strait of Hormuz blockade

Market analysts have shifted from the 'TACO' nickname for President Trump to 'NACHO' amid escalating tensions over the Strait of Hormuz. This new label reflects growing skepticism that the crucial global energy route will reopen soon, despite ongoing diplomatic efforts and trade disputes.

The Independent UK

Campaigners issue warning after Bahrain strips citizenships of Iran ‘sympathisers’

IN FULL

We Got This Covered

A month ago, Trump told allies the Strait of Hormuz was not his problem. Now he’s begging them to fix it for him

Well, it's his problem now.

Radio France Internationale

King Charles arrives in Bermuda after whirlwind US visit

King Charles III arrived in Bermuda on Thursday after wrapping up a marathon US state visit aimed at healing ties between Washington and London strained by the war in Iran.

Radio France Internationale

Iran targets long-standing exiled opposition as war deepens repression

A sharp rise in Iranian executions of alleged People’s Mojahedin members is drawing attention to one of the country’s oldest and most divisive opposition movements – a group whose leaders fled abroad decades ago, but which still claims to run resistance networks inside Iran.

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