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The Latest Breaking News from Iran

Chevron's CEO says oil prices are still too low—and the effects of the Strait of Hormuz closure are not 'fully priced in'

“Physical supply changes don’t respond immediately,” said Wirth. “Even when strait reopens at some point, it will take time.”

Fortune

The Guardian view on Trump’s Iran ‘talks’: a war, a pause – and a distraction

Editorial: The US president claims progress in talks with Iran, but uncertainty persists. Meanwhile, Israel advances West Bank annexation under cover of a crisis

The Guardian - UK

Over 400 million barrels will be added to the oil market soon – what are strategic reserves and what can they do?

In the second week of the Iran war – with the Strait of Hormuz effectively closed, cutting off shipping of 20% of the world’s oil supply – the International Energy Agency announced the largest release of strategic oil reserves in history. Thirty-two countries will sell a combined 412 million barrels…

The Conversation

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Trump heads to Elvis Presley's Graceland in Memphis, a detour during Iran war and airport turmoil

President Donald Trump is going to Graceland

The Independent UK

U.S. Embassy In Israel Organizing Border Crossings Through Jordan Via Bus

The U.S. Embassy in Israel is now organizing departures from the country via Jordan as the war in Iran continues.

Latin Times

How oil markets reacted to Trump pausing strikes on Iran

IN FULL

The Independent UK

Trump accused of ‘fake news’ by senior Iranian figure

IN FULL

The Independent UK

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Cheniere Energy Stock Is Trading at New All-Time Highs as Iran War Threatens LNG Supply. Should You Buy Shares Now?

Cheniere remains attractively valued versus broader energy peers despite its all-time high share price.

Barchart

British destroyer HMS Dragon arrives in eastern Mediterranean

Ship arrives three weeks after Iranian-made drone hit British base of RAF Akrotiri on Cyprus

The Guardian - UK

DEA Finds Maduro Helped Iran Move Funds Through Venezuela to Bypass U.S. Sanctions: Report

A U.S. Drug Enforcement Administration (DEA) report alleges that Nicolás Maduro helped Iran move funds through Venezuela using a network designed to evade international sanctions, while also expanding military and logistical cooperation between the two governments.

Latin Times

Cost of living Q&A: Get tips on mortgages, bills, savings and tax changes from a personal finance expert

ASK ME ANYTHING: With the new tax year looming and the Iran war fuelling uncertainty over interest rates, energy costs and the wider cost of living, personal finance expert Gabriel Nussbaum is here to answer your questions – and show you how to make your money work harder

The Independent UK

DoorDash offers added payments to US and Canadian drivers as gas prices soar

DoorDash is offering extra compensation to U.S. and Canadian drivers as part of a temporary program to help offset rising gas prices

The Independent UK

Is Donald Trump Destroying the World? US State Department Issues Worldwide Security Alert as WW3 Fears Mount

The US State Department has issued a rare worldwide security alert urging Americans to exercise increased caution amid rising tensions linked to the conflict involving Iran, with officials warning of potential threats to US interests around the globe.

International Business Times UK

Russia Maintains Ambiguity About Alleged Oil Shipments To Cuba, Which Would Need To Evade U.S. Blockade

Russia is maintaining ambiguity about whether it is sending fuel to Cuba, a move that would mean evading an ongoing U.S. blockade.

Latin Times

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The Independent UK

Trump tours Graceland and professes love for Elvis but seems stumped when asked his favorite song by The King

At Graceland, Trump asked reporters if they had a question for him about the late singer, and was inevitably quizzed on his favorite Elvis Presley track

Radio France Internationale

'Point of no return' looming in Middle East war, says Red Cross

The International Committee of the Red Cross on Monday demanded a halt to the "war on essential infrastructure" in the Middle East, warning of potential "irreversible consequences" – including harm to nuclear facilities.

The Guardian - UK

Israel launches new strikes on Tehran as Trump pauses Iran energy attacks

Israeli military says it will continue operations in line with Israeli government directives until told otherwise

The Independent UK

Starmer loses his cool with Tory MP in tense row over Iran conflict

Sir Keir Starmer lost his temper with Bernard Jenkin after the Conservative MP accused the prime minister of “lacking a war-fighting mentality” whilst discussing the UK’s involvement in the Iran conflict.

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The Independent UK

Trump proposes extraordinary ‘joint leadership’ of Iran alongside ayatollah

The US president made the bizarre suggestion when speaking to reporters that both he and ‘the new ayatollah’ could also control the Strait of Hormuz

The Independent UK

Iran UK ambassador summoned by Foreign Office over ‘reckless and destabilising actions’

The diplomat was summoned on the instruction of Foreign Secretary Yvette Cooper and was met by Middle East minister Hamish Falconer

Barchart

Corn Holding onto Losses at Midday Following Trump Iran Comments

Corn futures are down 3 to 6 cents so far on Monday. The CmdtyView national average Cash Corn price is down 5 3/4 cents to $4.18. Early on Monday morning, President Trump put out a Truth Social post ordering the military to postpone strikes against Iranian power plants and energy...

Barchart

Cotton Fading Lower on Monday

Cotton futures are posting 15 to 30 point losses so far on Monday. Early on Monday morning, President Trump put out a Truth Social post ordering the military to postpone strikes against Iranian power plants and energy infrastructure for 5 days after weekend tales were “good and productive.” Iran state...

International Business Times

Iran Says Trump Claims Of Peace Talks Are 'Fake News'

President Trump wrote that peace talks with Iran are ongoing, although Iranian officals denied the claim and called it "fake news."

Evening Standard

Stocks swing wildly as Trump cools Iran rhetoric

US President Donald Trump said he had instructed strikes against Iranian energy sites to be postponed for five days, and that talks were under way.

The Independent UK

Starmer told ‘we are at war’ as MPs accuse him of ‘complacency’ on defence

Prime minister challenged over the UK’s lack of preparedness for the US war with Iran

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