Iran-US war latest: Trump says naval blockade in Hormuz will be lifted and pledges ‘final decision’ on peace deal Iran still has not lifted its blockade and insists there is no clause requiring Tehran to forego costly tolls, according to Iranian media The Independent UK · May 29
‘It feels unfair’: the Britons struggling to get a mortgage since Iran war began Whether first-time buyers, in between homes or refixing, people tell of impact of higher mortgage rates on housing The Guardian - UK · May 29
Silver drops Rs 1,500/kg, gold at Rs 1.56 lakh/10 gms as Iran war tensions weigh. Key levels to watch Gold and silver prices on the MCX opened slightly lower on Friday, with silver July futures falling 0.5% to Rs 2,68,018 per kg and gold June futures slipping marginally to Rs 1,56,316 per 10 grams. The decline came as investors balanced geopolitical uncertainty in the Middle East against hopes of… The Economic Times · May 29
Rupee rises 5 paise to 95.53 against US dollar in early trade The Indian Rupee gained ground against the US Dollar today. This rise follows an agreement between the US and Iran to extend a ceasefire. Forex traders believe this will ensure continued trade through the Strait of Hormuz. Stable oil prices offer relief to India, an oil-importing nation. However, foreign investment… The Economic Times · May 29
US Stock Market: Hawkish Fed voices grow louder amid energy-driven inflation surge A growing split is seen among US Federal Reserve officials. Some policymakers warn that interest rates might need to increase again. This comes as inflation shows signs of not cooling down quickly enough. Rising energy prices linked to the Iran conflict are a major concern. The impact of artificial intelligence… The Economic Times · May 29
Sensex rises 220 points, Nifty nears 24,000 on Iran-US ceasefire extension reports Indian stock markets opened muted but recovered on Thursday morning. Investors assessed Middle East political developments. Declining oil prices provided a boost. IT stocks led gains on the Sensex. Broader markets also traded in the green. Foreign investors remained net sellers of Indian equities on Wednesday. The Economic Times · May 29
Asian shares are mostly higher on hopes for a winding down of the Iran war Asian shares are mostly higher on expectations of a deal between the U.S. and Iran to extend their ceasefire in their war by 60 days AAP · May 29
Oil prices dip as tentative US-Iran deal awaits Trump’s final approval Analysts warned that any potential ceasefire extension should be viewed cautiously The Independent UK · May 29
The Economic Times · May 29 'Very close': JD Vance says US nears agreement on Strait of Hormuz, Iran nuclear setback US Vice President JD Vance said Washington is "very close" to achieving a broader strategic agreement in West Asia, asserting that recent US actions will reopen the Strait of Hormuz, weaken Iran's conventional military capabilities, and position the United States to significantly delay Tehran's nuclear programme.
The Independent UK · May 29 Early heatwaves and Iran war create perfect storm for energy shortages IN FOCUS: Soaring temperatures across Asia are driving up energy demand just as the US-Israeli war against Iran squeezes supplies. Stuti Mishra reports
The Guardian - AU · May 29 NZ and Iran in World Cup limbo with LA story about more than football Uncertainty has clouded the All Whites and Team Melli’s group stage opener to be held in Los Angeles on 15 June
AAP · May 29 FED:Aussie shares rebound on tentative ceasefire deal Mining stocks are leading a rebound on the local exchange as markets whipsaw on reports of conflict and ongoing negotiations between the US and Iran.
AAP · May 29 Deal hopes help Aussie shares end rocky week in front An expected ceasefire extension between the US and Iran has breathed life into Australia's stock exchange, with the conflict verging on its fourth month.
International Business Times UK · May 29 British Couple Jailed in Iran Begin Starvation Protest After Claims UK 'Can Do Nothing' British couple Lindsay and Craig Foreman are on a hunger strike in Iran's Evin Prison, protesting their detention. MPs and campaigners urge the UK government to take stronger action for their release.
The Conversation · May 29 Why Donald Trump’s latest plan for peace is a non-starter Sooner or later in every armed conflict, someone will trot out the well-worn aphorism that “Truth is the first casualty of war.” And certainly, in the Iran war truth beat a hasty retreat as soon as the US and Israel launched their attacks on Iran and Lebanon on February 28.
The Economic Times · May 29 Oil Price Today (May 29): Crude oil falls as peace deal hopes offset constant tensions. What are experts saying? Oil prices saw a slight dip on Friday. Hopes for a U.S. and Iran ceasefire extension are influencing the market. U.S. Vice President JD Vance indicated progress but noted unresolved issues. Geopolitical tensions remain high. Analysts suggest a prolonged Strait of Hormuz closure could impact global oil markets significantly.