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The Latest Breaking News from Iran

US ends latest round of airstrikes on Iran after Tehran strikes Gulf states

The U.S. military says it ended its latest wave of strikes targeting Iran, insisting that Tehran does not control the Strait of Hormuz

The Independent UK

Australian shares tread water as traders weigh conflict

Australia's mining sector has resumed its decline after the US-Iran conflict sent crude prices higher, but local banks continue to recover from a recent slump.

AAP

Trump renews Iran blockade and again threatens to take control of strait of Hormuz

US president declares waterway open and demands tariff as both sides engage in heavy drone and missile exchanges

The Guardian - UK

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Israel sets October 27 election widely seen as referendum on Netanyahu's leadership

Israel's parliament on Sunday said it had set the country's national elections for October 27, the latest date permitted by law, which will allow the ruling coalition to complete a full four-term. Prime Minister Benjamin Netanyahu, the country's longest-serving premier, announced that he "intends to win" despite polls showing that…

France 24

Oil Price Today (July 13): Crude oil up almost 5%, nears $80 as US, Iran unleash more strikes. $100 in sight?

Brent crude futures advanced $3.34, or 4.38%, to $79.5 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $3.07, or 4.30%, to $74.20 a barrel. The latest rally comes after both benchmarks climbed 5.5% last week, with WTI once again trading above $74 a barrel. European natural gas futures…

The Economic Times

Bitcoin, Ethereum, XRP, Dogecoin Consolidate as US-Iran Tensions Escalate: Analyst Says People Will Be 'Surprised' by Upcoming Bull Cycle

Leading cryptocurrencies moved sideways, while stock futures slid on Sunday evening amid investor concerns over escalating U.S.-Iran tensions.

Benzinga

Netanyahu says Trump wants to 'exhaust possibility' of diplomacy on Iran nuclear issue

Israeli Prime Minister Benjamin Netanyahu has said that US President Donald Trump wanted to "exhaust the possibility" of reaching a diplomatic agreement with Iran before pursuing other options on the nuclear issue.

The Economic Times

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Trump Directs Fresh Strikes to 'Hold Iranian Forces Accountable,' Says CENTCOM; Oil Tops $74 as Dow Futures Fall Over 100 Points

Late Sunday, global markets turned cautious after the U.S. launched another round of strikes against Iran, fueling a rally in crude oil prices and weighing on U.S. stock futures.

Benzinga

Iran says latest US strikes have 'rendered futile' recent diplomacy

Iran condemned recent United States attacks, stating they undermined diplomatic efforts. These strikes aimed to degrade Iran's ability to attack commercial ships. Iran called the attacks a violation of the UN Charter and a threat. The foreign ministry said the actions disrupted peace and security in West Asia. Tehran also…

The Economic Times

D-St set for a negative opening as GIFT Nifty signals weak start

Indian equity markets are expected to sustain their gradual upmove. Supportive domestic fundamentals and improving global cues are driving this positive outlook. The market will likely react to reports of Hormuz closure by Iran. Foreign and domestic institutional investors showed net buying activity on Friday. The Indian rupee ended nearly…

The Economic Times

Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closed

U.S. and Iranian forces exchanged heavy missile and drone assaults across the Gulf region. Iran stated it had again closed the vital Strait of Hormuz, impacting global shipping. The United States military launched retaliatory strikes against Iranian facilities on Sunday. This renewed violence casts further doubt on an interim U.S.-Iranian…

The Economic Times

Oil jumps 3% after US, Iran escalate strikes in Mideast

Oil prices climbed Monday as Iran expanded strikes on Gulf states. U.S. West Texas Intermediate crude rose and Brent crude futures climbed. Tehran extended strikes on Qatar and the United Arab Emirates over the weekend. This cycle of attacks casts doubt on an interim U.S.-Iranian agreement. Market analysts suggest the…

The Economic Times

Rising tempo of combat in battle for Hormuz threatens market's confidence that the worst is over on Iran. 'There's a lot of complacency'

U.S. forces carried out five rounds of attacks in the past week and three over the last 24 hours, signaling that the operational tempo is quickening.

Fortune

Middle East live: US ‘reinstating’ Hormuz blockade, will charge 20% on cargo, Trump says

President Donald Trump on Monday said the US is “reinstating” a blockade on Iran in the Strait of Hormuz and will charge ships a “rate of 20% on all cargo shipped” through the waterway for the security costs. Traffic in the strait slowed as Washington and Tehran asserted competing claims…

France 24

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The Guardian - AU

Iran launches retaliatory attacks after fresh US strikes – as it happened

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The Times of India

'To hold Iranian forces accountable': US launches fresh strikes on Iran as tensions flare over Hormuz attacks

United States forces conducted new strikes against Iran early Monday morning. These operations aimed to degrade Iran's capability to attack commercial shipping vessels. Iran reported explosions in southern provinces and condemned the United States' actions. The Strait of Hormuz remains a central point of ongoing conflict and tension. Diplomatic efforts…

The Guardian - US

Lindsey Graham tributes from Israel and Ukraine point to complicated, often bloody legacy

Republican senator, who died Saturday, had a global reach few could rival and was vital in shaping Trump’s worldview

The Guardian - AU

Morning Mail: Excess aged care fees under scrutiny; US and Iran contest control of Hormuz; Jannik Sinner wins Wimbledon

Many aged care residents are being charged for services they can’t use or understand, prompting an investigation from the regulator

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France 24

Iran expands attacks on Gulf states after intense US strikes

Iran reported strikes Sunday evening on two of its southern islands while Kuwait, where Tehran has repeatedly targeted US installations, said border posts and an offshore oil platform had been attacked. The as-yet unclaimed strikes came hours after Tehran and WashingtonStrait of Hormuz, offering contradicting statements as to whether the…

The Guardian - US

‘Mr President, you’re not far behind God’: Lindsey Graham in his own words

South Carolina senator illustrated the changing face of the Republican party, from being an anti-Trump voice to a supporter of his war with Iran

The Economic Times

Strait of Hormuz hangs in the balance as US-Iran ceasefire unravels

The US-Iran deal faces significant strain due to escalating tensions in the Strait of Hormuz. Iran has closed the strait, prompting US retaliatory strikes on Iranian targets. This cycle of attacks and counterattacks has severely damaged high-stakes diplomacy between the nations. Analysts suggest the US may be responsible for not…

Fortune

The 'facade' of the U.S.-Iran ceasefire crumbles after largest round of fighting in months — 'an undeclared naval war can escalate'

"I have a feeling that this could go poop very fast, and that's the fear once you unleash the dogs of war."

Benzinga

US NATO Ambassador Whitaker Says Trump Open to Iran Deal If Tehran Stops 'Acting Crazy'

The Trump administration remains open to making a deal with Iran to end more than four and a half months of hostilities, the US Ambassador to NATO Matt Whitaker told Fox News on Sunday.

The Guardian - UK

The Guardian view on Trump and Tehran: everyone loses when the US and Iran overplay their hands

Editorial: Strikes and bluster on both sides, with Israel urging on Washington, are endangering the progress made

We Got This Covered

Sen. Lindsey Graham, 71, dies of ‘sudden illness’ — and conspiracy theorists are already blaming Iran and Russia

The senator's sudden passing is being treated as suspicious due to several coinciding events.

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