Pakistan military chief arrives in Iran for talks Pakistan's army chief has arrived in Iran in a renewed effort to mediate a peace deal to end the conflict. AAP · May 22
'I can not in good conscience...': What Tulsi Gabbard wrote about her husband in her resignation letter The chatter that Tulsi Gabbard was on her way out dominated Washington for days as the DNI was missing in action for weeks, as the US attacked Iran. Gabbard's deputy Joe Kent resigned from his post in March, making Gabbard's impending exit only a matter of time. On Friday, the… The Times of India · May 22
The Guardian view on Britain’s coming energy shock: mini-measures won’t suffice Editorial: Consumer giveaways may soften the blow from the the war on Iran. But Britain’s vulnerability demands deeper state intervention and a faster transition The Guardian - UK · May 22
Angst over rising cost of living pushes US consumer sentiment to record low US consumer sentiment fell to a record low in May as rising gasoline prices driven by the Iran war intensified cost-of-living pressures. Inflation expectations climbed sharply, especially among Republicans and independents, signalling growing economic dissatisfaction and posing risks to spending despite a still-resilient labour market and ongoing stock market gains. The Economic Times · May 22
Marco Rubio: Trump ‘disappointment’ with Nato will be discussed at summit Secretary of state suggests July meeting of alliance will be fraught as US demands help in strait of Hormuz The Guardian - UK · May 22
FTSE 100 edges up amid cautious US-Iran optimism Stocks gained encouragement from lower oil prices as investors weighed the latest developments in the Middle East. Evening Standard · May 22
White House secretly ‘freaked’ about potential of breaking $5.02 gas record set under Biden President Donald Trump has often boasted about his administration’s economic policies by comparing them to high prices under the Biden administration The Independent UK · May 22
Ukraine's President Zelenskyy invited to NATO summit in Ankara, Rutte confirms Trump has lashed out at NATO allies on numerous occasions since the start of the Iran war on 28 February when both the US and Israel launched surprised strikes against the Islamic republic. Euronews · May 22
Wall Street rises as Middle East hopes lift sentiment US stocks have closed higher as investors monitored developments in the Middle East and as Kevin Warsh took over as head of the Federal Reserve. AAP · May 22
American Economic Confidence Hits Four-Year Low, Poll Finds A new poll has found that Americans' confidence in the economy is now at a four-year low International Business Times · May 22
Barchart · May 22 Crude Oil Prices Supported as Iran Peace Deal Remains Elusive July WTI crude oil (CLN26 ) today is up +1.31 (+1.36%), and July RBOB gasoline (RBN26 ) is up +0.0831 (+2.54%). Crude oil rebounded from a 1-week low today and is sharply higher as US-Iran peace deal remains elusive, keeping the Strait of Hormuz closed and disrupting global oil supplies....
The Times of India · May 22 UAE spooked? Fearing Gulf chaos, Abu Dhabi joins Saudis, Qatar in urging Trump against fresh Iran war Gulf allies UAE, Saudi Arabia, and Qatar urged President Trump to pursue diplomacy with Iran, fearing renewed conflict would destabilize regional economies. Leaders argued military action wouldn't achieve US objectives, reflecting a shift for the UAE after recent hostilities. All three nations remain wary of further escalation.
Roll Call · May 22 Prediction markets put under spotlight by House Oversight panel Prediction markets are under new scrutiny from Congress as lawmakers mull a ban on members betting on the platforms. The House Oversight and Government Reform Committee officially launched an investigation Friday into insider trading on the platforms, spurred by suspicious bets on the capture of Venezuelan President Nicolás Maduro and…
International Business Times · May 22 Top Pakistani Official Travels To Tehran Seeking To Reach Deal With U.S. Pakistani Field Marshal Asim Munir is set to meet with Iranian officials in Tehran in a new effort to reach a deal to begin a process aimed at ending the war with the U.S. and Israel.
The Economic Times · May 22 US Secretary of State Rubio sees progress in Iran talks, but says 'not there yet' United States officials report some progress in talks with Iran. Diplomatic efforts are intensifying to end a conflict that has disrupted the global economy. Key issues remain, including Iran's enriched uranium and control over the Strait of Hormuz. The situation fuels uncertainty and impacts oil prices. Negotiations continue with international…
Barchart · May 22 Stocks Climb on US-Iran Peace Hopes and Strength in Chipmakers The S&P 500 Index ($SPX ) (SPY ) today is up +0.50%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.63%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.73%. June E-mini S&P futures (ESM26 ) are up +0.47%, and June E-mini Nasdaq futures...
Roll Call · May 22 Tulsi Gabbard out as DNI but Trump doesn’t tee up a confirmation fight Former Democratic Rep. Tulsi Gabbard is resigning from her post as director of national intelligence because of her husband’s cancer battle, President Donald Trump announced Friday. The commander in chief said Principal Deputy DNI Aaron Lukas would take over after Gabbard departs on June 30. Trump described Lukas as “highly…
International Business Times UK · May 22 Robert Harward Shock: Why Viewers Are Convinced Retired Navy SEAL Was Wearing A Prosthetic Face Mask Viewers are convinced retired US Vice Admiral Robert Harward wore a prosthetic mask during a Fox News interview on the US–Iran standoff.
The Economic Times · May 22 Pakistan Army Chief Asim Munir leaves for Tehran amidst efforts to end US-Iran war His second visit to Tehran in little more than a month comes after progress was reported in talks held by Interior Minister Mohsin Naqvi, who has been in Iran since Wednesday, with top Iranian leadership, including twice with Foreign Minister Abbas Araghchi, according to sources.