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The Latest Breaking News from Iran

The Latest: Trump warns Iran energy sites face destruction without a quick deal

President Donald Trump says Iran faces massive damage to its energy system unless it quickly agrees to end the war

The Independent UK

Iran Earns Nearly Double From Oil During War As Strikes Fail To Halt Energy Exports And Global Prices Rise

Despite military strikes, Iran's oil exports have surged, doubling its daily revenue as global crude prices rise.

International Business Times UK

What Prompted Benjamin Netanyahu To Halt Palm Sunday Mass Sparking Global Outrage?

Israeli police blocked senior Catholic clergy from holding a private Palm Sunday Mass at Jerusalem's Church of the Holy Sepulchre, prompting outrage from church leaders and criticism from the US and Europe.

International Business Times UK

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Trump Under Fire As Iran Talks Suggest Return To Pre-2018 Deal After Years Of Conflict Failed To Deliver Results

Explore the consequences of Trump's withdrawal from the Iran nuclear deal, leading to a military conflict and failed negotiations.

International Business Times UK

Starmer calls for ‘joint effort’ with business on Iran war economic impact

Bosses from oil firms, shipping companies and banks were invited to Downing Street for crisis talks.

Evening Standard

How countries are responding to oil price surge due to Iran war

Many countries reliant on energy imports are taking emergency measures from free bus travel to four-day working week

The Independent UK

Crude Oil Climbs on Fears of a Protracted Iran War

May WTI crude oil (CLK26 ) today is up +3.05 (+3.06%), and May RBOB gasoline (RBK26 ) is up +0.0791 (+2.48%). Crude oil and gasoline prices are climbing today, with crude oil rallying to a 3-week high after President Trump threatened to escalate the Iran war if there is no...

Barchart

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‘All roads’ from Iran war lead to higher prices and slower growth, warns IMF

The international financial institution said it was stepping up support, especially to the most vulnerable economies.

Evening Standard

Trump’s new ultimatum to Iran: Make a deal soon or we’ll obliterate Kharg Island

US leader said he would ‘conclude our lovely stay in Iran’ by blowing up all of the country’s energy facilities

The Independent UK

$1 billion a day: The escalating cost of America’s war with Iran

The financial and human cost of the United States’ involvement in the Iran conflict is mounting rapidly, with early estimates pointing to tens of billions already spent.

The Times of India

Markets Turn Negative as Crude Oil Prices Surge

The S&P 500 Index ($SPX ) (SPY ) today is down -0.75%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.18%. Stock indexes turned lower this afternoon as the market digests the first $100+ oil...

Barchart

How could US forces seize Kharg Island and why is it so risky?

Kharg Island, which hosts Iran's main oil export terminal, has emerged as a key focus in the month-long conflict involving the United States and Israel. Strikes on Kharg's oil infrastructure or a ground invasion would severely curb Iran's oil exports, a crucial revenue source, and could lead to significant regional…

The Independent UK

Pakistan to Host US-Iran Talks, No Word Yet from Washington or Tehran, Says Foreign Minister

Pakistan offers to host US-Iran talks as war escalates, with Tehran issuing stark threats and Washington signalling uncertain progress in negotiations.

International Business Times UK

Am I Heaven-Bound?' — Donald Trump's Shocking Death Letter During Iran War Goes Viral!

Donald Trump shares a deeply personal message about death and faith, sparking global reactions amid ongoing tensions with Iran.

International Business Times UK

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Fortune

Bond yields are falling even as oil tops $102, showing that Wall Street fears recession more than inflation

“The risks to economic growth begin to take precedence over the risks to inflation,” Oxford Economics said in a note on Monday.

Barchart

Dollar Supported by Concerns of a Protracted Iran War

The dollar index (DXY00 ) climbed to a 2-week high today and is up by +0.35%. The dollar has safe-haven support on concerns of a protracted Iran war after President Trump told the Financial Times on Sunday that he wants to "take the oil in Iran" and could seize the...

The Guardian - UK

Families hardest hit by energy crisis could be given funds dispensed by councils in England

As Iran war continues, ministers debate several options for extending support to households

Barchart

Stocks Rebound as T-note Yields Tumble

The S&P 500 Index ($SPX ) (SPY ) today is up +0.42%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.32%. June E-mini S&P futures (ESM26 ) are up +0.40%, and June E-mini Nasdaq futures...

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We Got This Covered

‘Only the people can stop it’: UN diplomat gives up career to warn of possible nuclear holocaust in Iran

Mohamad Safa has given a bleak warning about the future.

The Independent UK

Two UN peacekeepers killed after explosion in southern Lebanon

Unifil has launched an investigation into the deaths

International Business Times

Iran Issues Grim Warning to Any U.S. Troops Deployed For War

Iran is promising "fire" and to "punish" U.S. troops as the military builds up its presence in the Middle East for a possible ground incursion to help secure the Strait of Hormuz.

Reason

More War

Plus: Trump issues a fresh round of threats against Iran, a U.S. missile reportedly hit another school, it's peak bloom for the cherry blossoms in D.C., and more...

The Independent UK

Reeves urged to follow Europe’s example and protect consumers amid spiralling fuel prices

Diesel price hits highest level since December 2022, prompting more calls for No 10 to protect consumers

International Business Times UK

Peace Talks or PR Spin? President Trump Mocked Over 'Bruised Hand' in Viral AI LEGO Skit

Iranian state media releases an AI-generated video mocking President Trump's bruised hand, escalating the US-Iran meme war.

Latin Times

Marco Rubio Says Iran Won't Be Able To Control The Strait Of Hormuz: 'Will Never Be Allowed To Happen'

Secretary of State Marco Rubio said Iran won't be able to control the Strait of Hormuz, a key waterway through which about 20% of the global energy goes through, after officers in Tehran said they intend to.

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