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The Latest Breaking News from Iran

Aussie shares fall for fourth day as miners take hit

Mining stocks have fallen to their lowest levels in three months, but strength in other sectors has helped limit broader market losses.

AAP

Fire and ice: erratic Trump fulminates on Iran and lambasts (then embraces) Europe at NATO summit

US President Donald Trump’s media conferences at the NATO summit in Ankara were the most disturbing since his session with Russia’s Vladimir Putin in Helsinki in 2018.

The Conversation

Israel ready to attack Iran ‘a third time if necessary’, defence minister says

Israel's Defence Minister Israel Katz said Thursday his country was prepared to relaunch its military campaign against Iran if needed, "with even greater force". The US launched deadly air strikes against Iran early Thursday, hours after President Donald Trump said Tehran’s recent attacks on ships in the Strait of Hormuz…

France 24

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Gold dips as Mideast hostilities revive inflation concerns

Gold prices experienced a decline on Thursday after recent drops. Renewed hostilities between the United States and Iran fueled inflation worries. Higher interest rate expectations also pressured the non-yielding precious metal. Central banks worldwide are monitoring inflation and economic growth forecasts. Other precious metals like silver, platinum, and palladium saw…

The Economic Times

Oil rises after US launches fresh strikes against Iran

Oil prices increased on Thursday following new U.S. strikes against Iran. These actions have diminished hopes for peace and the Strait of Hormuz reopening. Brent and West Texas Intermediate crude futures saw notable gains in early trading. Shipowners are expected to adopt a more cautious approach to voyages through the…

The Economic Times

Iran threat? Why Trump flew home on old Air Force One instead of jet gifted by Qatar

US President Donald Trump returned from the NATO summit in Ankara aboard the older Air Force One after a brief stop at RAF Mildenhall in the UK, amid heightened tensions with Iran and growing security concerns surrounding his newly acquired aircraft.

The Times of India

Bitcoin, Ethereum, XRP, Dogecoin Slide as Trump Warns Iran Strikes Could Get 'Much Worse': Analyst Flags Major 'Wall' BTC Bulls Must Break

Leading cryptocurrencies fell alongside stocks on Wednesday as the U.S. strikes against Iran threaten peace negotiations.

Benzinga

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Trump invokes 'retribution' to justify US strikes on Iran; warns Tehran 'much worse' yet to come

President Trump defended recent US military strikes against Iran. These actions were a direct response to Iran's reported bombing of commercial ships. He warned Tehran of significantly harsher consequences for any future attacks. The strikes mark a sharp escalation in the conflict near the Strait of Hormuz. This follows indications…

The Economic Times

Trump wants to leave the Iran war behind. That won't happen soon

US President Trump faces challenges exiting the Iran war after renewed attacks. A faltering ceasefire highlights difficulties in forging a comprehensive peace deal. Escalation risks full-scale war, while backing down empowers Iran's leverage. Analysts believe Trump is in a difficult position with few gains. The situation suggests managed instability with…

The Economic Times

Trump Says Iran Accord Is 'Over' As US Launches New Strikes; Oil Tops $74 While Dow Futures Turn Higher

Fresh U.S. military action against Iran and President Donald Trump’s declaration that the interim accord is effectively finished pushed oil prices higher while U.S. stock futures remained in positive territory.

Benzinga

D-St set for a positive opening as GIFT Nifty signals firm start

Indian markets experienced widespread selling on Wednesday, with the Nifty declining significantly. Global risk sentiment deteriorated following US President Donald Trump's comments on Iran. Asian markets also traded lower, reflecting the weak global backdrop. The Indian Rupee tanked against the US dollar as oil prices rose. Foreign and domestic investors…

The Economic Times

Missile alerts sound in Bahrain and Qatar after US launches new round of airstrikes against Iran

United States forces conducted new airstrikes targeting Iran early Thursday. Missile alerts sounded in Bahrain and Qatar following the American military action. Iran had launched attacks on Bahrain and Kuwait earlier in response. These exchanges have raised fears of a renewed conflict in the region. Negotiations for a permanent peace…

The Economic Times

Iran: Gulf on the boil again as new US strikes mark fresh escalation; fear rises of a return to war

US forces have launched fresh strikes against Iran following an attack on three cargo vessels in the vital Strait of Hormuz. Trump has declared the temporary truce with Iran 'over'. Reports of explosions and power outages have come from Iran's southern coastline, heightening fears of a return to military tensions…

The Economic Times

US launches new strikes on Iran that Trump says could get 'much worse'

The US military launched a new round of strikes against Iran on Wednesday following President Donald Trump's assertion that the fragile ceasefire between the two countries was "over". Trump warned that the attacks could get "much worse" if Iran perpetrated further attacks on ships in the Strait of Hormuz.

France 24

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The Times of India

Concerned over West Asia flare-up risks, says India

NEW DELHI: India said Wednesday it is deeply concerned about the recent attacks and escalation of tensions in West Asia, which have followed fresh targeting of commercial shipping transiting international waterways in the region. The statement followed the resumption of strikes by the US and Iran and President Donald Trump's…

Barchart

Cotton Fades Back Lower on Wednesday

Cotton 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 ceasefire is over. The US also revoked waivers...

Bangkok Post

US launches new strikes on Iran as Trump vows to hit ‘hard’

TEHRAN - The United States launched new strikes on Iran on Wednesday after President Donald Trump vowed to hit “hard” following Iranian attacks on ships in the Strait of Hormuz.

The Independent UK

Trump explains why he switched back to old Air Force One from Qatari-gifted jet after leaving NATO summit

Retrofitted $400 million jet faces scrutiny over alleged lack of missile detection and countermeasures systems

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Evening Standard

US launches fresh wave of strikes on Iran after Trump declares ceasefire over

Renewed hostilities over the strategic Strait of Hormuz waterway have led to another spike in oil prices

International Business Times

Prediction Markets Keep Betting The Strait of Hormuz Will Reopen But What If This Is the New Normal?

Prediction markets have repeatedly pushed back expectations for normal Strait of Hormuz traffic, raising questions over whether traders are underestimating a permanent shift in Gulf shipping.

The Guardian - UK

US launches strikes on Iran for a second day after Trump says agreement to end the war is ‘over’

Attacks on three locations across Iran came after three tankers in the strait of Hormuz were targeted on Tuesday

The Guardian - AU

Morning Mail: Middle East peace in tatters, how Telstra’s outage wreaked havoc, Blues’ Brisbane boilover

US and Iran on the brink of reigniting conlict as Trump calls Tehran regime ‘scum’; NSW pull off unlikely Origin series decider at home of Maroons

France 24

US says carrying out more strikes after Iran’s attacks in Strait of Hormuz

The US carried out another round of strikes on Iran on Wednesday, hours after President Donald Trump said that recent Iranian attacks on ships in Strait of Hormuz signalled the end of the ceasefire. Military officials said in a social media post that the strikes were intended to "further degrade"…

International Business Times UK

Iran Parliamentary Official Vows 'No American Soldier Will Return Alive' if Trump Orders Kharg Island Raid

A senior Iranian lawmaker warns Trump that no American soldier would survive an attempt to seize Kharg Island, amid escalating tensions and military threats between the US and Iran.

The Independent UK

US launches more strikes on Iran after Trump declared ceasefire over

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