The Latest Breaking News from Iran

China backs US-Iran deal to end 107-day war, urges swift reopening of Strait

In a significant diplomatic development, China has expressed enthusiastic support for the US-Iran agreement designed to resolve their 107-day standoff and restore access to the crucial Strait of Hormuz. Beijing is optimistic that the upcoming Memorandum of Understanding will be finalized, fostering much-needed stability for international commerce and energy supply.

The Times of India · Jun 15

USTR arrives June 22 for trade talks; Commerce Secretary says US-Iran deal should bring lasting peace

India's trade data for May 2026 shows robust export growth. Merchandise exports rose 18 percent year-on-year. Commerce Secretary Rajesh Agrawal welcomed the US-Iran peace agreement. He expressed hope for regional stability. Discussions are ongoing for a trade agreement with the US. The US Trade Representative is expected to visit India…

The Economic Times · Jun 15

Starmer hails hugely significant ‘breakthrough’ as Trump announces US-Iran war peace deal

US president Donald Trump said the agreement meant ‘oil will flow’ freely once again through the Strait of Hormuz, the vital shipping route out of the Persian Gulf

The Independent UK · Jun 15

US-Iran peace deal: Is it enough to end the 2-year drought for Nifty bulls, bring FIIs back?

A US-Iran peace framework has sparked a sharp rally in Indian markets, sending crude oil prices lower, strengthening the rupee and prompting FII short covering. Analysts believe easing macroeconomic pressures could improve growth prospects, though caution persists over elevated valuations in mid- and small-cap stocks.

The Economic Times · Jun 15

'Gwynocide': Could Gwyneth Paltrow be cancelled over her Israeli real estate ad?

PRESS REVIEW – Monday, June 15: Papers discuss the US-Iran "truce of convenience". According to the Israeli paper Haaretz, Israel's Benjamin Netanyahu is humiliated by Donald Trump. The US president has just turned 80, but is "really uncomfortable with ageing". Finally, could Gwyneth Paltrow get cancelled? Many people hope so.

France 24 · Jun 15

World reacts with hope and alarm after US-Iran deal announcement

IN FULL

The Independent UK · Jun 15

India's trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blow

India's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabilize shipping through the Strait of Hormuz. Consequently, global crude oil prices should moderate. This will ease pressure on India's import bill and help control inflation. Exporters anticipate…

The Economic Times · Jun 15

US-Iran peace deal brings relief, but India turns to a risk at home

India just got a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakness and potential El Niño conditions are emerging as the next major test for growth and price stability, shifting focus from imported energy stress to domestic climate risk.

The Economic Times · Jun 15

What we know as Trump says peace deal reached with Iran

‘Ships of the World, start your engines. Let the oil flow!’ Trump wrote on Truth Social on Sunday afternoon

The Independent UK · Jun 15

Iran and US reach a tentative deal to end war as Israel rules out withdrawing from seized land

The United States and Iran reached an initial agreement early Monday that would extend their shaky ceasefire and reopen the Strait of Hormuz

AAP · Jun 15