Sharp rise in demand at food banks since start of Iran war, charities say Soaring demand coupled with lower donations is creating a ‘perfect storm’ for food banks, leading charity Felix said The Independent UK · Jun 2
Trump-Netanyahu split? Conflicting accounts of Israel's Lebanon operation emerge after 'heated' phone call A dramatic public rift appeared to open between US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu on Monday. Trump announced a unilateral ceasefire between Israel and Hezbollah while Netanyahu swiftly issued a statement vowing to strike Beirut if attacks on northern Israel continue. The Times of India · Jun 2
Hormuz gauntlet runner says Trump has been good for shipping Dynacom Tankers Management founder George Procopiou stated that US President Donald Trump's policies have benefited the shipping industry. The Economic Times · Jun 2
Oil rally may fuel stagflation concerns, though AI remains market's key driver: Arnab Das Renewed Middle East tensions are driving oil prices higher, fueling inflation and economic growth concerns. Despite market optimism, significant challenges remain in resolving issues with Iran, and markets may not have fully priced in potential disruptions, particularly around the Strait of Hormuz. The Economic Times · Jun 2
US Stock Market: Treasury yields rise after strong US data, geopolitical risks fuel inflation fears US Treasury yields closed higher on Monday as stronger-than-expected manufacturing and construction data reinforced economic resilience, while uncertainty over US-Iran diplomacy and rising oil prices fueled inflation concerns. Investors reassessed Federal Reserve rate expectations amid geopolitical risks, pushing benchmark yields higher and lifting market-based inflation forecasts. The Economic Times · Jun 2
Oil prices fall after Trump claims to have ended Israeli attacks on Lebanon Brent crude slipped 0.6 per cent to $94.45 a barrel, retracing some of Monday’s gains The Independent UK · Jun 2
Marco Rubio to testify before Congress for the first time since the start of the Iran war Secretary of State Marco Rubio faces congressional scrutiny over the Trump administration's Iran war efforts and shifting diplomatic goals. He will also address escalating tensions with Cuba, a nation he views as a national security threat due to its ties with U.S. adversaries. The Economic Times · Jun 2
Silver, gold open flat as investors assess Iran war peace deal uncertainty. Where are precious metals headed? Gold and silver prices were largely steady on MCX on Tuesday, with gains capped by a stronger U.S. dollar and higher crude oil prices as markets awaited U.S. President Donald Trump's decision on extending the Iran ceasefire. MCX silver futures for July 2026 rose Rs 167 to Rs 2,66,350 per… The Economic Times · Jun 2
Iran-US war latest: US launches ‘self-defence’ strikes on Iran island and downs missiles targeting Gulf allies Donald Trump claims he told Tehran ‘It's time’ for them to ‘make a Deal’ The Independent UK · Jun 2
Sensex falls over 400 points, Nifty below 23,250 amid US-Iran tensions, persistent FII selling Indian stock markets experienced a significant downturn on Tuesday. Both the Sensex and Nifty indices saw substantial declines. This drop was influenced by renewed tensions concerning the Iran-US conflict and continued selling by foreign institutional investors. Several major stocks, including Bajaj Finance, faced losses. However, IT stocks showed resilience, moving… The Economic Times · Jun 2
Asian shares mostly slip as latest fighting undermines the US-Iran ceasefire. Asian shares are mostly lower as renewed fighting threatens the U.S.-Iran ceasefire AAP · Jun 2
An alternative to the Strait of Hormuz? Why Iran is eyeing Yemen's Bab al-Mandab Escalating Middle East tensions are now focusing on the Bab al-Mandab Strait, a crucial global shipping lane. Iran, via its Yemeni allies, may use this chokepoint to pressure adversaries, potentially disrupting vital oil and goods transit. This raises fears of wider conflict impacting international trade routes and energy markets. The Times of India · Jun 2
The Times of India · Jun 2 The week that was in international affairs: US-Iran deal hangs on nukes, Hormuz; Russia tests NATO Welcome back to another edition of My Take 5, your weekly round-up of top international news. In this edition we are covering the US-Iran search for a deal to end their war, the Russian drone attack in Romania, growing India-Cyprus strategic ties, Armenia’s upcoming parliamentary elections, and Morocco emerging as…
The Economic Times · Jun 2 Oil Price Today (June 2): Crude oil at $95 per barrel amid conflicting Iran war signals. What are experts saying? Oil prices held steady Tuesday, following Monday's surge, as global markets weighed U.S.-Iran ceasefire talks and the potential reopening of the Strait of Hormuz. Conflicting reports emerged regarding negotiations, with President Trump suggesting talks continue while Iranian media indicated a halt.
The Economic Times · Jun 2 Iran could ‘surrender’, Democrats and media would still say America lost: Trump US President Donald Trump has criticized Democrats and the media. He stated that even if Iran surrendered completely, they would still report it as a victory for Tehran over America. Trump believes Democrats and the media have lost their way and are acting irrationally. His remarks were made on his…
The Economic Times · Jun 2 Gold steady amid uncertainty over US-Iran peace negotiations Gold prices held steady as investors weighed a partial ceasefire between Hezbollah and Israel against ongoing U.S.-Iran negotiations. Concerns over inflation and potential interest rate hikes also influenced the market. Investors await U.S. employment data and Federal Reserve remarks for further policy direction.
The Guardian - US · Jun 2 Trump news at a glance: Trump mediates between Israel and Hezbollah in effort to salvage Iran peace talks Tehran says Israel’s operation in Lebanon is violation of existing ceasefire with US, throwing wrench in planned peace talks – key US politics stories from Monday 1 June
The Economic Times · Jun 2 Oil steadies as uncertainty over US-Iran talks keeps markets on edge Oil prices held steady Tuesday amid uncertainty surrounding U.S.-Iran ceasefire talks and the potential reopening of the Strait of Hormuz. Brent crude futures edged up, while WTI saw a slight dip. Market analysts emphasize that ongoing negotiations and Iran's threats regarding the Strait will dictate oil price volatility.
The Economic Times · Jun 2 Global Market Today: Asian stocks ease from record highs, oil steadies Asian markets dipped from record highs as peace talks with Iran faltered. Oil prices remained elevated amid geopolitical tensions. US stock futures also saw a slight decline. Investors are closely watching upcoming economic data for clues on the US economy and Federal Reserve policy. The AI boom continues to drive…
The Economic Times · Jun 2 Lebanon announces partial ceasefire between Israel, Hezbollah but attacks continue Lebanon has announced a partial ceasefire between Hezbollah and Israel. This move signals a limited de-escalation of the ongoing conflict. Israel will refrain from striking Beirut, while Hezbollah will halt attacks on Israel. Hostilities in southern Lebanon continue. Iran has threatened to break off peace talks with the U.S. over…
The Independent UK · Jun 1 Iraqi national pleads not guilty in 18 attacks in Europe, calling himself a 'prisoner of war' An Iraqi national has pleaded not guilty after being accused of plotting at least 18 attacks in Europe in retaliation for the U.S. and Israel’s war with Iran
The Economic Times · Jun 1 Why is gold price down today, and will precious metals continue to drop or rise again? Gold falls as inflation concerns grow amid Middle East conflict Why is gold price down today, and will precious metals continue to drop or rise again? Gold prices declined after rising inflation concerns linked to the Middle East conflict increased expectations that interest rates could remain higher for longer. A stronger U.S. dollar also weighed on bullion prices. Investors are…