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The Latest Breaking News from Iran

Trump Gives Up Plan To Charge For Hormuz Strait Passage. Oil Is Giving Up Gains

Oil is giving up gains after Trump said he would scrap the plan to charge for passage through the Strait of Hormuz.

International Business Times

US-Iran war: Trump drops 20% toll plan on Hormuz, seeks Gulf investment deals instead

US President Trump announced Gulf nations will invest in the United States. This replaces a proposed fee for shipping through the Strait of Hormuz. Massive investments will boost American factories and create jobs. The US military ensured uninterrupted oil flows through the vital waterway. Iran faces a full blockade on…

The Economic Times

Stocks Supported as Bond Yields Slide on Weak CPI Report

The S&P 500 Index ($SPX ) (SPY ) today is up +0.38%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.97%. September E-mini S&P futures (ESU26 ) are up +0.30%, and September E-mini Nasdaq futures...

Barchart

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Why Iran shut the Strait of Hormuz after decades of holding back

US forces have struck hundreds of Iranian targets – including in the southern port city of Bandar Abbas – over three consecutive nights in a bid by the US president, Donald Trump, to regain some modicum of control over the Strait of Hormuz.

The Conversation

Tensions Keep Rising Between The U.S. And Iran. Oil Prices Are Climbing Further

Oil keeps rising as tensions between the U.S. and Iran flare up.

International Business Times

The Trump toll: Why plan to charge ships 20% fee in Strait of Hormuz will never work

Trump’s 20 per cent toll on shipping could more than double the cost of transporting oil from the Gulf to Europe, say analysts

The Independent UK

Bitcoin Falls Below $62,000 After Trump Ends Iran Talks: Safe-Haven Claim Under Pressure

Bitcoin's status as a safe-haven asset is challenged as US-Iran tensions cause a market selloff, highlighting its volatility amid geopolitical crises.

International Business Times UK

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JPMorgan's Revenue Climbed Across All Business Units. The Bank Reported Record Profits In The Second Quarter

JPMorgan CEO said the company has "discrete areas where we did reduce jobs by 30% or 40%" as a result of increased AI use.

International Business Times

Stocks Rally on Fed-Friendly CPI Report

The S&P 500 Index ($SPX ) (SPY ) today is up +0.30%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.60%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.97%. September E-mini S&P futures (ESU26 ) are up +0.28%, and September E-mini Nasdaq futures...

Barchart

President Trump Suggests Iran Could Have Drones in Cuba: 'We Will Deal With It'

An Axios report in May cited classified U.S. intelligence indicating that Cuba has acquired more than 300 military drones from Russia and Iran since 2023

Latin Times

School Assembly News Headlines Today July 15: Top national, international, sports, business and education news students should know

School Assembly News Headlines July 15: India's NIA court issued a warrant against Hafiz Saeed, and India seeks a UN Security Council seat. The US conducted strikes on Iran, and an Indian sailor was killed. Ladakh will establish autonomous hill development councils in all seven districts. Monsoon rains have seen…

The Economic Times

The Latest: Supreme Court justices set to testify in rare appearance before Congress

The U.S. and Iran are once again on the verge of all-out war

The Independent UK

Tensions Between The U.S. And Iran Keep Climbing. Trump Has Now Vowed To Target a Key Facility

President Donald Trump said the U.S. will "take out" Iran's Pickaxe Mountain, which houses compounds believed to be able to resist the country's most powerful bunker buster bombs.

International Business Times

NATO’s summit of love that wasn't

From threats against Greenland to verbal gaffes, Donald Trump's behavior in Ankara raises tensions — and concerns

Salon

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International Business Times

Inflation Rose Less Than Expected In June As Energy Prices Eased. New Clashes With Iran Could Jeopardize The Trend

Inflation rose below expectations in June as energy prices eased. However, they have been rising over the past days as tensions between the U.S. and Iran rise again.

International Business Times UK

'A Terrified Little Boy': Clinical Psychologist Explains the Roots of Donald Trump's 'Bloodlust'

Mary Trump has issued her starkest warning yet about the mental and emotional state of her uncle, Donald Trump, linking his recent threats against Iran to what she calls untreated psychological decline.

The Guardian - US

Inflation cools to 3.5% in June in relief brought by brief US-Iran peace deal

Recent strikes have sent oil prices climbing again, with average gas price per gallon up by $0.70 compared with 2025

Barchart

Cotton Facing Early Tuesday Weakness

Cotton prices are down 50 to 64 points so far on Tuesday morning. Futures were mixed to start the week, with contracts down 9 to 10 points higher. Crude oil was up $6.54 on the day following increased tensions with the US and Iran. The US dollar index was up...

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Euronews

US-Iran conflict widens after deadly tanker attack in Strait of Hormuz

Commercial shipping has come under attack in the Strait of Hormuz as the US and Iran exchange military action, raising fears the conflict could draw more Gulf states into the fighting.

Euronews

US strikes Bushehr as Iran's parliament tables bill to control Hormuz

Four points in the port city hosting Iran's only nuclear power plant were hit by US projectiles on Tuesday, as Iran's parliament formally submitted a bill asserting Tehran's permanent control over the Strait of Hormuz.

Evening Standard

‘Big issue’ for UK is low economic growth, Bank of England boss warns Burnham

Andrew Bailey’s remarks come as the Labour MP is now guaranteed to be the successor of Sir Keir Starmer next week.

Benzinga

Hormuz is No Suez or Panama Canal, Says Global Shipping Giant, Slams Trump's 20% Toll as 'Fundamentally Wrong'

Shipping executives warned that President Donald Trump’s proposed 20% levy on vessels passing through the Strait of Hormuz could backfire by discouraging ship traffic and further reducing activity on the crucial trade route.

The Guardian - UK

Trump withdraws Hormuz tolls threat but says US will continue to blockade Iran

US hits targets in port cities of Bushehr and Bandar Abbas while Iran targets Bahrain and Jordan in retaliation

The Guardian - UK

Oil price jumps as US-Iran clashes raise odds of interest rate rises

Energy prices later stabilise after Trump abandons plan for 20% levy on traffic through strait of Hormuz

The Times of India

A 3,500-year-old bronze helmet from ancient Iran reveals how Elamite warrior kings carried their gods into battle

An Elamite warrior king wore a bronze helmet decorated with gold-plated deities. This artifact reveals sophisticated Elamite civilization and deep religious beliefs. A mountain-water god and goddesses adorned the helmet, symbolizing life and wisdom. A giant raptor likely represented celestial and earthly powers combined. This relic showcases ancient people blending…

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