The Latest Breaking News from Iran

Transatlantic talks on Strait of Hormuz ahead of summit on defensive mission

The UK has issued 12 new sanctions targeting Iranians accused of planning attacks in Britain on behalf of Tehran.

Evening Standard · May 11

Private jet travel should be restricted amid fuel shortage fears, majority of Brits say

It comes as global fuel supplies continue to be squeezed by Iran’s stranglehold on tankers passing through the Strait of Hormuz amid its conflict with the US and Israel

The Independent UK · May 11

The big questions hanging over the Trump-Xi meeting in China

Taiwan, tariffs and the strait of Hormuz are on the meeting’s agenda for Beijing – but will the US president be forced to ask for help in ending his war with Iran?

The Guardian - UK · May 11

S&P 500, Nasdaq hit record highs and Dow Jones rises despite soaring oil prices and Trump warning Iran's ceasefire is 'on life support' - here's how US stock market performed on May 11

S&P 500, Nasdaq, Dow Jones today: The S&P 500 and Nasdaq Composite, closed at record highs Monday, driven by continued investment in technology and AI stocks. Despite rising oil prices due to US-Iran tensions and President Trump's rejection of Iran's proposal, markets largely shrugged off geopolitical concerns, focusing instead on…

The Economic Times · May 11

Midwest is bearing the brunt of gas price hikes from Trump’s Iran war including 72% jump in Ohio

The national average for a gallon of regular gas was $4.52 Monday, up from the $2.98 average in late February before Iran conflict began

The Independent UK · May 11

Iran war quagmire threatens to leave Trump with little from China trip besides ballroom envy

ANALYSIS: The president’s visit with Xi Jinping was meant to be a moment of triumph, writes Andrew Feinberg, but it will instead present an optics nightmare amid rising prices due to his unilateral military action

The Independent UK · May 11

Trump’s thinning hair steals the show on social media: ‘The crew at Hair Team 6 should be fired’

Social media users mocked the state of president’s hair during an Oval Office event

The Independent UK · May 11

Stocks Settle Higher on Strong Earnings

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.29%. June E-mini S&P futures (ESM26 ) rose +0.18%, and June E-mini Nasdaq futures...

Barchart · May 11

Is China's 'Nostradamus' right? Is a global depression and an escalation in the Strait of Hormuz looming? Here's what happened during the heated Piers Morgan debate

China's 'Nostradamus,' Professor Xueqin Jiang, warns of an impending global depression, a process he believes could span decades. He also highlighted China's unexpected diplomatic role in securing a ceasefire in the Strait of Hormuz, attributing the ongoing tensions to perceived US unreasonableness in negotiations with Iran. The situation carries potentially…

The Economic Times · May 11

Trump Shocks Critics After Calling Strait of Hormuz Shutdown the 'Smartest Move in History'

Trump hails Strait of Hormuz shutdown as history's smartest move, even as petrol tops $4.52 and Iran ceasefire talks collapse, escalating rhetoric in the conflict's tenth week.

International Business Times · May 11