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The Latest Breaking News from Iran

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

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.

AAP

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.

International Business Times UK

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AAP Rolling News Bulletin May 29, 1230

AAP Rolling News Bulletin for May 29 at 1230

AAP

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 Conversation

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.

The Economic Times

Trump's room to maneuver narrows as US, Iran close in on framework deal

President Trump faces a strategic dilemma as a potential framework deal with Iran emerges, aiming to extend a ceasefire and reopen the Strait of Hormuz. This interim agreement, however, risks backlash from party hawks concerned about Iran's nuclear program, while deferring key discussions on its nuclear ambitions.

The Economic Times

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Gold edges higher as investors weigh US-Iran ceasefire deal reports, Fed rate outlook

Gold prices edged higher as investors weighed a potential U.S.-Iran ceasefire deal against persistent inflation concerns and the prospect of prolonged U.S. interest rate hikes. Despite earlier dips, gold futures saw a modest increase, reflecting ongoing market uncertainty. Other precious metals also experienced gains.

The Economic Times

Dollar heads for weekly loss on reports of US-Iran ceasefire deal

The dollar weakened against major currencies as reports indicated a potential U.S.-Iran agreement to extend a Middle East ceasefire and lift Strait of Hormuz shipping restrictions. This development, pending presidential approval, led to falling oil prices and reduced demand for the safe-haven dollar, with the euro and pound seeing modest…

The Economic Times

Oil falls slightly on reports of potential US-Iran ceasefire deal

Oil prices saw a slight dip amid hopes for a U.S.-Iran ceasefire extension. Vice President JD Vance indicated progress but stated a deal is not yet finalized. This news has kept oil prices from falling further. Discussions are ongoing regarding Iran's nuclear program and uranium stockpiles. The Strait of Hormuz…

The Economic Times

AAP Rolling News Bulletin May 29, 1200

AAP Rolling News Bulletin for May 29 at 1200

AAP

Trump’s meeting on Iran peace deal has ended, White House official says

US President Donald Trump on Friday finished a meeting in the high-security White House Situation Room during which he said would make a "final determination" on an Iran peace deal, a White House official told AFP. The official did not say if the president had reached a decision. Read our…

France 24

US-Iran truce deal awaits Trump as strikes test ceasefire

US and Iranian negotiators edged toward a deal to extend their fragile ceasefire for 60 days, but the potential breakthrough was still hanging on President Donald Trump'on Thursday. Late on Thursday, US Vice President JD Vance told reporters that Trump was not yet ready to approve it, even though negotiations…

The Economic Times

AAP Rolling News Bulletin May 29, 1130

AAP Rolling News Bulletin for May 29 at 1130

AAP

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The Economic Times

Global Market Today: Asian stocks rise on US-Iran truce deal, oil drops

Asian markets saw gains as oil prices fell following a tentative US-Iran ceasefire extension. This development eased concerns about energy flow disruptions. Optimism surrounding artificial intelligence also boosted stock markets. However, rising inflation and a cooling economy present challenges for investors. The Federal Reserve's flexibility is limited by persistent price…

AAP

AAP Rolling News Bulletin May 29, 1100

AAP Rolling News Bulletin for May 29 at 1100

The Economic Times

GIFT Nifty signals muted start for Dalal Street amid cautious trade

Indian markets traded flat on Wednesday, influenced by derivatives expiry and geopolitical tensions. Analysts suggest a cautious recovery hinges on stable crude oil prices and receding energy supply concerns. However, renewed US-Iran tensions and military strikes have revived geopolitical risk premiums, narrowing the path for further gains.

AAP

AAP Rolling News Bulletin May 29, 1030

AAP Rolling News Bulletin for May 29 at 1030

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AAP

AAP Rolling News Bulletin May 29, 1000

AAP Rolling News Bulletin for May 29 at 1000

The Conversation

As global fuel risk rises, NZ Budget 2026 puts roads first – again

Three months into the war in Iran, the largest disruption to New Zealand’s oil supply in living memory appears to have done nothing to change the government’s approach to transport.

AAP

AAP Rolling News Bulletin May 29, 0930

AAP Rolling News Bulletin for May 29 at 0930

AAP

AAP Rolling News Bulletin May 29, 0900

AAP Rolling News Bulletin for May 29 at 0900

Bangkok Post

Rising inflation fears pressure bullion price

Global gold prices could drop to US$4,200 an ounce in this cycle, translating to a domestic price of around 66,000 baht, as the market has begun pricing in the possibility of a Federal Reserve interest rate hike in the second half of the year amid rising US inflation, says the…

AAP

AAP Rolling News Bulletin May 29, 0830

AAP Rolling News Bulletin for May 29 at 0830

Barchart

Cotton Posts Thursday Gains

Cotton futures saw Thursday gains of 46 to 99 points across most contracts. The US dollar index was $0.194 lower at $98.955. Crude oil was down 15 cents at the close as several outlets were reporting the US and Iran were coming to an agreement to open the Strait of...

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