Bulletin PM briefing: Mandelson’s secret WhatsApp messages and Iran calls off peace talks Here are five of today’s biggest stories in case you have missed them The Independent UK · Jun 1
Donald Trump Exposed: Pentagon Hid Iranian Strike Damage on 28 US Bases as POTUS Claims Victory in Iran War Recent reports and satellite imagery reveal significant damage to US military sites in the Middle East, challenging Trump's claims of a decisive victory over Iran. International Business Times UK · Jun 1
Iran halts peace talks with US after Israel strikes Lebanon, plans to tighten control over Hormuz Renewed attacks in Lebanon have halted US-Iran message exchanges, with Tehran threatening to block the Strait of Hormuz and activate new fronts. Iran insists on a complete cessation of Israeli operations in Gaza and Lebanon before resuming any talks. Escalating Israeli strikes in Beirut further complicate fragile diplomatic efforts. The Times of India · Jun 1
CEOs are losing confidence in the economy and expect conditions to worsen in the next six months, survey finds CEO confidence fell 12 points this quarter as the economic impacts of the Iran War hit American businesses. Fortune · Jun 1
US manufacturing activity scales four-year high in May, ISM says American manufacturing saw a significant boost in May, reaching its highest point in four years. Businesses are ordering ahead due to rising prices and shortages. The conflict with Iran is impacting global shipping and commodity costs. Despite increased orders, factory jobs remain low, with companies managing headcounts through attrition and… The Economic Times · Jun 1
The Strait of Hormuz is splitting into U.S. and Iranian lanes as ship traffic picks up even while fighting intensifies Over the last three weeks, Central Command has guided about 70 ships in and out of the Persian Gulf. Fortune · Jun 1
Dollar Rises on Hawkish Rally in Oil Prices The dollar index (DXY00 ) is up +0.42% on safe-haven demand after Iran said it halted ceasefire talks with the US, which could prompt a new large-scale US military attack on Iran. That report prompted a rally of more than +7% in crude oil prices, which in turn prompted a... Barchart · Jun 1
Oil Soars As U.S.-Iran Negotiations Stall And Clashes Escalate Through The Middle East Oil is soaring on Monday as negotiations between the U.S. and Iran stall and clashes escalate again throughout the Middle East. International Business Times · Jun 1
'Sit Back and Relax': Donald Trump Explodes in 1 AM Iran Rant and Claims He Has 'Extreme Intelligence' Donald Trump's late-night post on Iran negotiations mixes diplomacy, criticism of political opponents and self-promotion, highlighting his unique communication style amid ongoing talks with Tehran. International Business Times UK · Jun 1
The Iran conflict has disrupted oil supply. Gulf states are now looking to multi-billion-dollar investments in renewables The U.S.-Israeli war with Iran has triggered the largest oil supply disruption in history, accelerating Gulf diversification efforts and promoting major new investments. Fortune · Jun 1
Iran Halts U.S. Talks Over Israel's Escalation In Lebanon, Local Media Says Iranian media said on Monday that authorities halted talks with the U.S. over Israel's escalation in Lebanon and would activate its proxies to block the Strait of Hormuz and activate other fronts. International Business Times · Jun 1
The Economic Times · Jun 1 JetBlue flags higher fuel costs as Iran conflict drags on Fuel price volatility has prompted airlines across the globe to hike passenger fares and baggage fees to recover higher costs, as well as cut flight frequency and routes to limit fuel usage.
Euronews · Jun 1 Tehran suspended negotiations via mediators with US, Iranian media says Iran has suspended all indirect talks with the US and announced it would pursue "complete closure of Strait of Hormuz," accusing Israel of "continuing crimes" in Lebanon and stating that any ceasefire breach on one front breaks the truce in general.
Barchart · Jun 1 Stocks Pressured as Oil Prices Jump on Report that Iran Has Halted Ceasefire Negotiations The S&P 500 Index ($SPX ) (SPY ) is down -0.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.36%. June E-mini S&P futures (ESM26 ) are down -0.05%, and June E-mini Nasdaq futures (NQM26...
The Economic Times · Jun 1 Iran suspends indirect US contacts, threatens wider pressure on key shipping routes Iran has halted communication with the US through mediators. This action follows attacks on Lebanon. Iran and its allies plan to block the Strait of Hormuz. They also intend to activate other fronts, including the Bab El Mandeb Strait. This is a response to punish Israel and its supporters. No…
International Business Times UK · Jun 1 Iran Rejects Trump's Peace Announcement Hours After He Made It: 'Incomplete and Inconsistent With Reality' Iran's state media refutes Trump's claim of a negotiated peace deal, exposing discrepancies in US-Iran talks and questioning the proximity to a lasting settlement.
AAP · Jun 1 Oil prices rise, but not by enough to drag Wall Street far off its records Oil prices are rising following the latest fighting to threaten the U.S.-Iran ceasefire, but Wall Street isn't very worried, and U.S. stocks are hanging around their records
The Economic Times · Jun 1 US-Iran conflict flares again: American strikes trigger missile retaliation as peace talks falter Tensions flare as the US strikes Iran following an Iranian drone shootdown. Iran retaliates with missile fire towards Kuwait, targeting US forces. These exchanges test a fragile ceasefire, impacting global energy supplies and fertilizer markets. Peace talks continue amidst escalating regional conflict, with both sides expressing cautious optimism.
Latin Times · Jun 1 U.S. Has Quietly Coordinated Passage of Around 70 Commercial Ships Through Strait of Hormuz Over Three Weeks: Report Iran said on Sunday that 28 vessels, including oil tankers and container ships, crossed the waterway in the previous 24 hours after coordinating with Tehran
AAP · Jun 1 Crude oil prices rise after latest US-Iran fighting, and US stocks slip Oil prices are rising following the latest fighting to threaten the U.S.-Iran ceasefire, but Wall Street isn't very worried