The Latest Breaking News from Iran

South Korea says ship attacked in Strait of Hormuz likely hit by Iranian missile

The ship named Namu was attacked twice on May 4

The Independent UK · May 27

Rachel Reeves urged to ‘act now’ to save poorest from pain of rocketing winter energy bills

Donald Trump’s Iran war is blamed for continued volatility in global energy markets, which has led to higher wholesale gas prices

The Independent UK · May 27

First Thing: Trump-backed Ken Paxton ousts John Cornyn in Texas primary

Paxton’s win, despite scandals, signals president’s enduring grip over state. Plus, one sex educator on why she doesn’t define sex at all

The Guardian - UK · May 27

Stock Index Futures Climb on AI Optimism and U.S.-Iran Peace Deal Hopes

June S&P 500 E-Mini futures (ESM26) are up +0.36%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.56% this morning as optimism surrounding artificial intelligence and hopes for a U.S.-Iran peace deal boosted sentiment.

Barchart · May 27

What should you do with your gold investments amid delay in US-Iran deal, high oil prices and inflationary concerns

Gold prices on MCX slipped amid rising geopolitical tensions, elevated crude oil prices and inflation concerns linked to the delayed US-Iran deal. Experts advise investors to avoid panic selling and instead hold or accumulate gold in phases during dips. Financial gold options like ETFs and mutual funds are preferred. Analysts…

The Economic Times · May 27

Potential U.S.-Iran Deal Could Reshape Global Oil Trade After Months Of War: Report

The conflict has disrupted global energy flows, pushed oil prices higher and renewed concerns about the security of one of the world's most important shipping routes.

International Business Times · May 27

India rice exports decline as Iran war curbs basmati shipments to Gulf

India's rice exports saw a slight dip in the first four months of 2026. Shipments of premium basmati rice to Gulf markets faced disruptions. This decline impacts Indian prices, which have already fallen. Non-basmati rice exports showed a small increase. Delays in transit due to the ongoing conflict are affecting…

The Economic Times · May 27

Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%

Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader markets however showed resilience, ending the session in the green.

The Economic Times · May 27

The $24bn of frozen Iranian assets standing between Trump and a peace deal

The issue of billions of dollars worth of assets frozen around the world is said to be the last sticking point in negotiations between Iran and the US

The Independent UK · May 27

Trump tightens grip on GOP as Republicans fear midterm bloodbath

Donald Trump's formidable influence within the Republican Party is undeniable, evidenced by his recent endorsement of Ken Paxton, who secured a primary runoff victory in Texas

The Independent UK · May 27