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The Latest Breaking News from Iran

As oil shortages deepen, wartime rationing offers a guide for today’s governments

With global oil supply under pressure from the U.S.-Iran war, governments may need to bring back tools many assume belong to the past: rationing and price controls.

The Conversation

Videos show explosions in central Iran as conflict with Israel intensifies

Iran was hit by a powerful new wave of strikes on Wednesday when massive explosions and thick plumes of smoke rose over Baharestan, in the Esfahan region of central Iran.

Euronews

America's Energy Independence: The Economic Story Behind The Iran Conflict

Rising oil prices from Iran tensions are cushioned by U.S. energy independence and growing Western Hemisphere supply, limiting long-term impact on consumers and the broader economy.

International Business Times

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Losing a catastrophic war is no way for America to celebrate its 250th birthday

THE INDEPENDENT VIEW: Editorial: To avert global recession, US allies are being forced to humiliate themselves and clean up after Donald Trump in the Middle East. Never has an American president wreaked such havoc on erstwhile friends

The Independent UK

Iran Identifies Palantir as a ‘Legitimate Target’ for Threatened Attacks: Should You Sell PLTR Stock Now?

The Islamic Revolutionary Guard has said that multiple large-cap tech stocks could face a new wave of retaliatory attacks.

Barchart

Gay Iranian Asylum Seekers Face Possible Deportation Despite Risk of Execution

According to estimates cited in recent reporting, at least 1,900 people have been killed and 20,000 injured in Iran since the war began

Latin Times

To a world at a loss as to how to handle Trump, I say this: the only answer may be to wait him out

A great effort will be needed to undo the damage once the US president has gone. But with the constitution unable to bring him to order now, that is what we must do, says Guardian columnist Simon Jenkins

The Guardian - UK

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U.S. Defense Companies Continue To Get Pentagon Contracts As War In Iran Boost Use Of Military Equipment

The ongoing war in Iran is likely to boost the production of U.S. defense companies, especially those with Pentagon contracts, either to replenish stocks, provide new equipment to be used in the conflict, or develop new technologies.

International Business Times

Pam Bondi begged Trump not to fire her but he accused her of 'unforgivable offense': Report

An explosive Daily Mail report claimed that there was a major showdown at the White House where President Donald Trump accused Attorney General Pam Bondi of 'unforgivable offense' while Bondi begged Trump not to fire her. The report said Trump already fired Bondi and the announcement will be made shortly.…

The Times of India

‘You have to be serious’: Macron criticises Trump’s mixed messages about Nato and Iran

Speaking in South Korea, the French president defended the transatlantic alliance and called for return to peace

The Guardian - UK

Starmer must call energy summit akin to 2008 crisis response, Labour MP says

Former government adviser Polly Billington urges bigger response to shield people in UK from effects of Iran war

The Guardian - UK

‘Make a deal before it’s too late’: Trump warns Iran as bridge strike toll rises to 8

In a bold address, President Trump cautioned Iran, calling for immediate negotiations following US airstrikes that struck a significant bridge just outside of Tehran and a prominent medical institution. Posting a video showcasing the damage to the Karaj bridge, Trump pledged to intensify measures. This development heightens regional instability, hinting…

The Times of India

Trade Unusually Active Options in Google Stock with This Covered Ratio Spread

Yesterday’s unusually active call options included two from one of the Magnificent Seven. Although the Barchart Technical Opinion says it's only an 8% weak buy, here’s why it sets up perfectly for a covered ratio spread.

Barchart

Oil Whipsaws $30 in 24 Hours as Trump Vows to 'Hit Iran Extremely Hard'

Oil prices swung nearly $30 in 24 hours as Trump's primetime speech vowed to hit Iran 'extremely hard,' reversing ceasefire-driven losses.

International Business Times UK

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The Independent UK

Camera awkwardly knocked live on air while Yvette Cooper delivers Iran speech

Yvette Cooper's statement on Iran was briefly interrupted after someone walked into the camera live on air.

International Business Times UK

UN Official Resigns, Says Senior UN Officials Serve Powerful Lobby Spreading False Iran Nuclear Threat

Mohamad Safa resigns as UN representative, alleging senior officials serve a lobby spreading misinformation about Iran's nuclear capabilities.

Fortune

Markets rally hard on Iran’s promise to play nice at Hormuz as its leaders pocket billions from the disruption

Anything sounds good to Wall Street, except more war. But Iran’s power brokers may have little reason to stop.

Evening Standard

Iran could face further sanctions if Strait of Hormuz remains closed – Cooper

Yvette Cooper accused the country of trying to ‘hold the global economy hostage’.

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Evening Standard

Macron hits back after Trump mocks him over ‘shove’ by wife

The French president said that Trump’s comments were ‘neither elegant nor up to standard’

International Business Times

Trump Vows To Prevent Iran From Having Nuclear Weapons In Prime Time Address: 'Intolerable Threat'

President Donald Trump vowed to prevent the Iranian regime from obtaining a nuclear weapon during a prime time address on Wednesday, noting it is a promise he has been making since he announced his first presidential candidacy in 2015.

Fortune

How the Iran war adds to the U.S. K-shaped economy through higher gas prices

Americans could be on the hook for an extra $8 billion in gas prices, and some families will feel it more than others.

The Independent UK

As war rages and prices surge, Trump posts video of himself every year since 1980

The president shared a YouTube link to a 25-minute video titled, ‘Donald Trump - Clip from every year from 1980 to 2024’

We Got This Covered

‘If a threat does not exist, it is invented’: Iran’s letter to Americans exposes the version of this war you weren’t supposed to see

Iran makes its case to the Americans.

We Got This Covered

‘We are going to finish the job’: Trump tells the world exactly what happens to Iran in next 3 weeks, and oil is already reacting

No clear timeline for ending the war.

The Guardian - US

‘A litany of lies’: Trump’s rambling primetime Iran address sparks backlash

US president’s 19-minute Wednesday address at the White House was met with bewilderment from commentators

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