The Latest Breaking News from Iran

Blue chips falter amid wait for Middle East deal

The oil price fell back amid continued hopes for a peace deal between the US and Iran.

Evening Standard · May 7

Donald Trump Slammed As 'Moron' For Promoting UFC Event Amid Rising Domestic Costs

Donald Trump announced a UFC event at the White House, sparking debate over priorities amid economic concerns. The event is part of America250 celebrations and will air on CBS and Paramount+.

International Business Times UK · May 7

Popular sportswear chain’s growth set to be stunted by Iran war

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The Independent UK · May 7

America believes Donald Trump would win a fight with an 8-year-old boy - but just barely

However, another poll found that 66 percent of people felt the ‘average American’ could beat Trump in a dust-up

The Independent UK · May 7

Marco Rubio says U.S. ‘insulated’ from Iran War, but Americans know the price they are paying

The shockwave has reached America’s farms.

We Got This Covered · May 7

Crude Oil Prices Pressured by Iran Peace Hopes

June WTI crude oil (CLM26 ) today is down -3.36 (-3.53%), and June RBOB gasoline (RBM26 ) is down -0.0862 (-2.49%). Crude oil and gasoline prices are sharply lower for a second day today on optimism that a US-Iran peace deal is imminent. The markets await further updates after the...

Barchart · May 7

Top Shipping Company CEO Warns Iran War Keeps Raising Costs, Worsening Economic Outlook

The Iran war will continue to disrupt global trade, and its impact is only likely to get worse, the CEO of a major shipping company warned.

International Business Times · May 7

How Pakistan became the primary mediator between the US and Iran

Pakistan has emerged as a central diplomatic broker in the conflict between the US and Iran. When announcing a pause to the US operation to guide stranded vessels through the Strait of Hormuz on May 6, Donald Trump said he had made the decision “based on the request of Pakistan”.

The Conversation · May 7

Ukrainian negotiator in US in bid to revive talks with Russia, Zelenskyy says

US-mediated talks on ending Europe's worst conflict since World War II have shown little progress since February, when Washington shifted focus to its war with Iran.

Euronews · May 7

AI Surge Powers Asian Stocks To Records Despite Ongoing Iran War And Oil Shock

Japan's Nikkei 225, South Korea's Kospi and Taiwan's Taiex have all reached new highs, tracking a broader global rally that has also pushed U.S. indexes such as the S&P 500 and Nasdaq Composite to record territory.

International Business Times · May 7