Iran threatens war 'beyond the region' if US attacks President Donald Trump claims he came within an hour of restarting the US war with Iran, prompting Tehran to threaten a wider war if it's attacked again. AAP · May 19
Bharat Petroleum reviewing oil imports daily, spot buying more amid Iran war, chairman says India's Bharat Petroleum is increasing spot crude purchases due to Middle East supply disruptions from the U.S.-Iran conflict, impacting its import strategy. The state-run refiner is running at 115% capacity, with Russian oil discounts narrowing significantly. Despite recent price hikes, BPCL continues to face losses on diesel and petrol sales. The Economic Times · May 19
'Not a Movie': Trump Aides Panic Over 'Terrible' Plan to Invade Iran for Radioactive Material Reports indicate internal concerns within Donald Trump's administration over the possibility of US military action in Iran to recover enriched uranium, with no confirmed operational plans from the White House or the Pentagon. International Business Times UK · May 19
UK pushes ‘bold new approach’ to aid as Cooper warns of global food crisis over Iran war The climate crisis, disease and conflict will require a new approach to global development, Foreign Secretary Yvette Cooper tells the UK-hosted partnerships conference – but others warn that aid cuts curtail these ambitions The Independent UK · May 19
US stock market crashes today: Dow Jones, S&P 500, and Nasdaq fall hard as bond yields hit 19-year high - Nvidia, Broadcom, AMD, and Amazon lead massive Wall Street selloff US stock market crashes today as Dow Jones, S&P 500 and Nasdaq plunge. The Dow Jones Industrial Average dropped more than 237 points, while the S&P 500 and Nasdaq slid deeper into negative territory as technology and AI-linked stocks faced heavy selling pressure. A perfect storm of soaring Treasury yields,… The Economic Times · May 19
Is the Gulf losing its grip on the oil world? One of the most striking features of the Iran war has been the resilience of the global oil market. Despite the disruption of flows through the Strait of Hormuz, the world’s most important oil transit chokepoint, prices have generally hovered around US$100 (£75) per barrel – a lower level than… The Conversation · May 19
Crude Oil Prices Pressured on Hopes Diplomacy Can End US-Iran War June WTI crude oil (CLM26 ) today is down -0.45 (-0.41%), and June RBOB gasoline (RBM26 ) is down -0.0885 (-2.35%). Crude oil and gasoline prices are under pressure today from a stronger dollar, as the dollar index ($DXY ) jumped to a 6-week high. Crude prices are also moving... Barchart · May 19
Japan, China Cut U.S. Treasury Holdings As Iran War Pressures Global Currencies China's Treasury holdings fell to their lowest level since 2008, while Japan trimmed nearly $47 billion from its position amid mounting pressure on the yen. International Business Times · May 19
'Was an hour away': Trump on halting planned military attack on Iran US President Donald Trump revealed the United States was hours from striking Iran, with warships ready, before a diplomatic opening prompted a pause. He warned of further "big hits" if negotiations fail, but Gulf leaders urged him to hold off. Iran's army countered by threatening to "open new fronts" if… The Times of India · May 19
Months after snubbing Trump’s ‘Operation Epic Fury’, Nato weighs Hormuz mission to protect ships NATO is considering deploying forces to protect shipping in the Strait of Hormuz if the blockade persists into July, a move that would significantly alter the alliance's stance on the US-Israeli conflict with Iran. Growing economic pressure from soaring energy prices is driving this reconsideration, with leaders set to discuss… The Times of India · May 19
Bill Maher On The Blatant Double Standard For Antisemitism "But China, Russia, Sudan, Iran, Myanmar, Haiti, the Congo, North Korea, all way worse. And that's how you know it's anti-Semitism. It's the inconsistency." Reason · May 19
Not going to let world be blown up on my watch: Trump says US may need to hit Iran again President Donald Trump revealed the United States was an hour away from striking Iran before he postponed the decision. He stated that Iran's leaders are currently seeking a deal with the U.S. The President's comments indicate a tense and evolving situation with Iran. The Economic Times · May 19
Strike near UAE reactor revives concerns over nuclear plant safety in wartime Attack marks first time military action has forced a fully operating nuclear power plant to rely on backup generators The Guardian - UK · May 19
The market powerful enough to sway stocks and Trump is rumbling again The bond market is making noise again AAP · May 19
Evening Standard · May 19 UK inflation rate set to fall as lower household energy bills offset fuel surge Most economists think the rate of Consumer Price Index (CPI) inflation slowed to 3% in April, from 3.3% in March.
The Independent UK · May 19 Cost of living crisis looms as Iran energy shock threatens UK inflation rebound Experts caution that future turbulence is on the way despite UK inflation easing last month
The Independent UK · May 19 UAE says drones that targeted Barakah nuclear power plant came from Iraqi territory The United Arab Emirates’ Defense Ministry says the drones that targeted the Barakah nuclear power plant all came from Iraq
International Business Times · May 19 Iranian Demands To End War With U.S. And Israel Appear To Be Little Changed From Previous Ones Iran's latest demands to end the war appear to be largely unchanged from previous ones as the stalemate in negotiations continue.
International Business Times UK · May 19 Trump Puts Iran Attack On Hold As Negotiations Enter Critical Phase Trump postpones a planned military strike on Iran to allow for diplomatic negotiations, amid efforts to de-escalate tensions in the Middle East
The Economic Times · May 19 G7 finance ministers vow cooperation to face 'heightened risks' Global economic leaders met in Paris to tackle instability caused by the Middle East war. They pledged cooperation to manage challenges like energy and food supply disruptions. Discussions also covered tariffs and Russia. The G7 aims for coordinated responses to global economic risks. Leaders will meet again in Evian to…
France 24 · May 19 G7 finance ministers call for action on trade imbalances as Russia sanctions divide US from allies Finance ministers from the G7 group of advanced economies were unanimous on the need to take on global trade imbalances, according to the statement released Tuesday following a second day of Paris talks. But the US decision to extend a waiver on sanctions against Russia in the wake of the…
International Business Times UK · May 19 Trump Hits Worst Poll Numbers in Modern History as His Core MAGA Base Deserts Him Over War and $5 Gas Donald Trump's approval rating has dropped to 34%, coinciding with his upcoming diplomatic visit to Beijing, where he faces challenges both domestically and in foreign policy.
The Economic Times · May 19 Video, satellite photos show Iran war oil spill on Persian Gulf island A recent attack on an Iranian oil refinery has led to a devastating oil spill impacting Shidvar Island, a vital wildlife breeding ground in the Persian Gulf. Videos reveal oil-soaked shores and distressed marine life, highlighting the war's severe ecological toll. This incident follows other environmental damage from attacks on…
International Business Times UK · May 19 Insider Trading? Nine Anonymous Polymarket Accounts Won 98% of Their Iran War Bets, Netted $2.4 Million Blockchain investigators uncovered suspicious betting patterns on Polymarket, raising concerns about insider trading related to US-Iran military actions and potential security risks.
Evening Standard · May 19 Cooper warns Hormuz blockade risks sending world ‘sleepwalking into food crisis’ Yvette Cooper told an aid conference in London that the global south was paying the biggest price of the war between Iran and the US and Israel.