Iranians are back online after months-long shutdown but still face heavy restrictions Internet access is returning to Iran after months long shutdown although the service is slow and some apps remain blocked. The outage followed military actions and truce talks. Many fear access could be cut again. Businesses and individuals suffered significant financial losses. Families struggled to communicate during the prolonged disruption. The Economic Times · May 28
Iran-US war latest: Deal to extend ceasefire and reopen Strait of Hormuz ‘just needs Trump signature’ Iranian media denied reports that a draft agreement of ceasefire extension is with Trump for approval The Independent UK · May 28
US military conducts second strike against Iran within days as Trump fumes over negotiations According to the US Central Command, its forces struck four Iranian one-way attack drones posing a threat around the Strait of Hormuz and a ground control station in Bandar Abbas 'that was about to launch a fifth drone'. Euronews · May 28
US and Iran exchange strikes as Israel intensifies attacks on southern Lebanon US forces down drones near strait of Hormuz, sparking attack on American airbase in Kuwait The Guardian - AU · May 28
US Stocks Market: Rising treasury yields and oil prices fuel stronger dollar bets Amid rising geopolitical tensions and higher energy prices linked to the Iran conflict, investors are increasingly betting that the Federal Reserve will prioritize inflation control and maintain higher interest rates. The Economic Times · May 28
Iran war has complicated plans for an international force in Gaza that has yet to materialize An international stabilization force promised for Gaza has yet to materialize three months after it was announced at an event hosted by U.S. President Donald Trump The Independent UK · May 28
‘This isn’t freedom’: anger, anxiety and tears as Iran’s internet flickers back After 88 days of near-total blackout, first reactions to the return of partial connectivity were not celebratory The Guardian - UK · May 28
Iran-US war restarted? Tensions rise as Washington, Tehran resume attacks amid truce talks: Check key developments Fresh US strikes targeted Iran's drone control center near Bandar Abbas after Iranian forces fired on a US tanker in the Strait of Hormuz. Washington also imposed new sanctions on an Iranian agency controlling shipping. Kuwait intercepted missiles and drones, while Israel warned Lebanon's Tyre of impending action against Hezbollah,… The Economic Times · May 28
Iran targets US airbase after Washington’s strikes near Hormuz, warns ‘aggressor’ of harsher response Iran's Revolutionary Guards announced they struck a U.S. airbase early Thursday, claiming it followed a U.S. attack near Bandar Abbas. The Guards issued a stern warning, vowing a more forceful response to any future "aggression" and holding the "aggressor" accountable for repercussions. The specific base targeted was not disclosed. The Economic Times · May 28
Asian shares decline and oil prices up more than $1 after US strikes on Iran Shares are mostly lower in Asia after the U.S. conducted what the military said were defensive strikes against Iran AAP · May 28
Kuwait says it faces a missile and drone attack as shaky ceasefire in Iran war again challenged Kuwait says it faced a missile and drone attack as the shaky ceasefire in the Iran war was again challenged AAP · May 28
The Times of India · May 28 Hormuz standoff: Trump's 'will blow them up' warning to Oman amid fragile Iran-US peace talks Speaking to reporters during a cabinet meeting at the White House on Wednesday local time, Trump rejected the idea of any temporary arrangement that would allow Iran and Oman to jointly manage the strait. "No, the strait's going to be open to everybody," Trump said when asked whether he would…
The Economic Times · May 28 US warns ties with Iran’s Strait of Hormuz authority may bring sanctions for 'anyone' involved America has issued a stern warning to global shipping and finance firms. Cooperation with Iran's new Persian Gulf Strait Authority could invite US sanctions. This move escalates pressure on Tehran's control over the vital Strait of Hormuz. The US Treasury Department stated that such cooperation might support Iran's Revolutionary Guard…
The Economic Times · May 28 ECB chief economist sees persistent impact on inflation from Iran war Iran war impact: The European Central Bank's chief economist Philip Lane warns of lasting inflation from the Middle East conflict's energy shock. Even if the war ends quickly, energy costs may remain high. This could lead to further interest rate hikes by the ECB. Central banks must carefully manage monetary…
France 24 · May 28 Israel declares new 'combat zone' in southern Lebanon, orders evacuations Israel expanded its military campaign in southern Lebanon on Wednesday, ordering residents to evacuate areas south of the Zahrani River as strikes intensified despite an April ceasefire. The escalation comes as Israeli officials seek to pressure Hezbollah while avoiding actions in Beirut that could complicate US-led diplomacy with Iran.
AAP · May 28 FED:Australian shares fall amid fresh US strikes on Iran Miners, banks and industrials are weighing on the ASX, after renewed US attacks on Iran dampened hopes of an imminent solution to the Persian Gulf crisis.
AAP · May 28 Shares drop and oil surges as US, Iran trade strikes Miners, banks and IT stocks have dragged on the local bourse as renewed hostilities in the Persian Gulf rattle an already fragile US-Iran ceasefire.
The Economic Times · May 28 Gold hits two-month low as fresh US-Iran strikes fuel inflation fears, hurt peace hopes Gold prices fell to a two-month low on Thursday. This happened after new U.S. strikes in Iran boosted the dollar and oil prices. Concerns about inflation and interest rates increased. Spot gold dropped to $4,406.81 per ounce. Other precious metals also saw declines. Investors are now watching U.S. economic data…
The Times of India · May 28 'War left regime desperate for cash': US sanctions authority overseeing Strait of Hormuz as Middle East conflict enters 90th day The US has imposed fresh sanctions on Iran's new Strait of Hormuz authority, escalating economic pressure. This follows US strikes on Iranian military sites after drone downings. The sanctions target the agency regulating transit and charging tolls, impacting global oil and gas supplies. Negotiations for a war-ending deal continue amidst…