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The Latest Breaking News from Iran

Inside the tense Oval Office meeting where a furious Trump decided his deal with Iran was ‘over’

During the evening meeting, Marco Rubio and Pete Hegseth reportedly brought fresh information to Trump that led him to order new strikes

The Independent UK

‘It was back-to-back explosions’: Iranians recall 48 hours of terror after US attack on port cities

Residents in Bandar Abbas and Sirik regions describe communities in fear and ‘feeling abandoned’ after US strikes

The Guardian - UK

Iran says it hits US military targets in Gulf, lays slain leader to rest

Iranian forces attacked U.S. military infrastructure in Gulf states on Thursday. These strikes followed U.S. attacks on Iran's southern and eastern provinces. The events put further strain on a three-week-old ceasefire agreement. Iran's Revolutionary Guards warned of a crushing response to further U.S. intervention. Oil prices fell as investors weighed…

The Economic Times

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Dollar Slips as Stocks Strengthen

The dollar index (DXY00 ) is down by -0.11% today. The dollar is moving lower today as strength in stocks has reduced liquidity demand for the currency. The dollar dropped to its low after US Jun existing home sales unexpectedly declined. Losses in the dollar are limited after US weekly...

Barchart

Is Hormuz reopening or shutting down? Shipping data and IRGC claims don’t match

Oil tanker traffic through the Strait of Hormuz slowed significantly on Thursday. Renewed US airstrikes and Iranian retaliatory attacks heightened security concerns in the Gulf. Iran's IRGC Navy claimed the strategic waterway was secured and gradually reopening. Several vessels turned off tracking systems, limiting visibility of actual ship movements. Shipping…

The Times of India

'I May Be Gone Too': Donald Trump Ominously Predicts Iran Is Plotting to Assassinate Him

During a NATO summit, President Trump claimed Iran is plotting to assassinate him, while defending his military record and criticising media scepticism.

International Business Times UK

Stocks Climb on Strength in Chipmakers

The S&P 500 Index ($SPX ) (SPY ) today is up +0.47%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.55%. September E-mini S&P futures (ESU26 ) are up +0.47%, and September E-mini Nasdaq futures...

Barchart

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Trump Suffers Double Slip at NATO Summit, Calling Zelenskyy 'Putin' and Iran the 'Islamic Republic of Japan'

President Trump's errors at the 2026 NATO Summit, including confusing Iran with Japan and Zelensky with Putin, have reignited debates about his cognitive health and fitness for office.

International Business Times UK

Traffic Through The Hormuz Strait Was Recovering After The U.S.-Iran Ceasefire. Then Clashes Resumed

Traffic through the Hormuz Strait decreased again following renewed clashed between the U.S. and Iran.

International Business Times

With Iran Tensions Heating Up Again, Chevron Stock Looks Enticing

A fracturing peace deal places the spotlight on the Strait of Hormuz, suggesting a cynical play on CVX stock.

Barchart

White House Promotes ‘Freedom Fuel’ Gas Stations Offering $3.47 Gas As Trump Pushes Retailers to Cut Prices

The White House promoted the launch of 25 "Freedom Fuel" gas stations in Pennsylvania and New Jersey this week, framing the privately run network as a cheaper option for drivers amid elevated fuel prices during the summer travel season.

Benzinga

Video shows fighter jet escorting slain Iran Supreme Leader Khamenei’s coffin to Mashhad

The coffin of Ayatollah Ali Khamenei has been returned to Iran from Iraq following solemn funeral rites held in both Najaf and Karbala. His arrival in Mashhad drew large crowds as the community prepared for his burial at the Imam Reza shrine. Khamenei passed away on February 28 during a…

The Times of India

US stocks today: S&P 500, Nasdaq rises as chip stocks' gains offset Middle East jitters

Wall Street rose as chip stocks rallied, offsetting concerns over escalating US-Iran tensions. Gains in semiconductor firms, led by Micron and Applied Materials, lifted indexes, while Meta slipped on AI chip updates. Stable jobless claims supported sentiment, though volatility in AI-linked stocks and rate hike expectations kept markets cautious.

The Economic Times

Goldman Sachs Ditches Oil Glut View— Warns Gulf Hostilities Could Choke Crude Flows

A week after warning of an impending global oil glut, Goldman Sachs reversed its outlook, saying renewed hostilities in the Persian Gulf now pose a risk of prolonged oil supply disruptions.

Benzinga

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The Conversation

How Iran used Ali Khamenei’s funeral as a political and diplomatic tool

Ali Khamenei, who served as Iran’s supreme leader until his assassination in a US-Israeli operation in February 2026, was finally laid to rest on July 9. His burial brings a week of public mourning ceremonies and processions to an end, and comes as hostilities between the US and Iran are…

Reason

Freedom Fuel?

Plus: Platner is out, so is reading, Netflix is not a monopoly, and more...

International Business Times UK

'I'm Iran's No. 1 Target': Trump Ditches New $400M Air Force One, Flies Older Jet Home

President Trump chose an older Air Force One over a new $400M jet due to security concerns, amid rising tensions with Iran. The decision raises questions about the new aircraft's cost and safety.

Benzinga

Oil Surges Again as US-Iran War Escalates: Top Economist Justin Wolfers Explains the ‘Hidden Pattern’ Driving Gas Prices

Fresh military strikes in the Middle East have shattered a fragile ceasefire, sending crude oil prices surging and guaranteeing an immediate spike in fuel costs. This rapid increase, contrasted with sluggish price drops during periods of relief, is driven by a “hidden pattern” that economists have long tracked.

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news in one place.

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The Economic Times

Oil tanker traffic through Hormuz at near standstill as attacks strain Iran truce

Oil tanker traffic through the Strait of Hormuz has nearly stopped. U.S. airstrikes on Iran triggered retaliation, escalating shipping risks significantly. Vessels are switching off tracking transponders, making navigation more difficult. One LNG tanker remains stranded after a projectile strike near Oman. Insurance firms are reviewing policy terms following recent…

Barchart

Cotton Falling Lower on Thursday

Cotton prices are down 95 to 137 points so far. Futures saw modest weakness on a Wednesday correction, with contracts 6 to 73 points lower. The outside markets were generally stronger, as Crude oil was up $4.32 following the US striking Iran overnight and again today, as President Trump stated...

The Economic Times

Iran to bury slain Supreme Leader Ayatollah Ali Khamenei in culmination of mass funeral

Ayatollah Ali Khamenei is buried at Iran's holiest shrine following extensive funeral ceremonies. His successor, Mojtaba Khamenei, remains out of public view due to injuries. Mourners chanted slogans demanding revenge against US President Donald Trump. Khamenei's long rule consolidated power, with the Revolutionary Guard gaining influence. Iran faces internal economic…

The Independent UK

Inside Trump’s tense 24 hours in the White House that ended the Iran ceasefire

The repeated threat of strikes appears not to have deterred Iran from asserting itself in the Strait of Hormuz

The Independent UK

Calls for arrest of ‘MAGA communist’ for chanting anti-American slogans at ayatollah’s funeral in Iran

Jackson Hinkle seen in video posted to X joining mourners in shouting ‘Down with U.S.A.’ at event in Tehran’s Enghelab Square, enraging conservatives at home

The Guardian - UK

First Thing: Second day of US strikes on Iran as Trump says Tehran ‘behaving very badly’

Explosions reported in southern Iran in most extensive exchange of fire since interim ceasefire. Plus the complicated legacy of beat poet Allen Ginsberg

International Business Times

The U.S. And Iran Again Exchanged Clashes. Oil Continues To Rise As a Result

Oil keeps rising as tensions between the U.S. and Iran continue to escalate.

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