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The Latest Breaking News from Iran

ASX logs second week of losses as banks, miners weigh

With no end in sight to the Middle East conflict, investor confidence is fading as soaring energy prices and inflation expectations hammer risk sentiment.

AAP

$In a fractured world order, where does the global south fit in?$

In a fractured world order, where does the global south fit in?

Canadian Prime Minister Mark Carney was one of the first world leaders to speak out about the “ruptured” world order caused by the Trump administration in the United States. He called for middle powers to band together to safeguard what’s left of the liberal world order.

The Conversation

Iran’s Supreme Leader Mojtaba Khamenei awaiting prosthetic leg after strike, suffered severe facial burns: Report

Iran's Supreme Leader Mojtaba Khamenei faces significant medical challenges post-bomb attack, impacting his direct engagement. This has amplified the Islamic Revolutionary Guard Corps' influence, with analysts suggesting a shift towards a 'board-style' leadership where military commanders hold sway. The situation casts uncertainty over ongoing ceasefire talks and diplomatic pathways.

The Times of India

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Trump news at a glance: a tale of two blockades as US and Iran spin their control over strait of Hormuz

US report warns it could take six months to clear strait of mines as Trump declares ‘total control’ over key waterway – key US politics stories from Thursday 23 April at a glance

The Guardian - US

Pete Hegseth ‘butted heads’ with Navy secretary over shipbuilding and push to ignore judge’s orders before firing: reports

Phelan’s dismissal marks the second major leadership shake-up at the Pentagon during the Iran war

The Independent UK

'How Many Years Was Vietnam?' Trump Fires Back at Question on How Long the Iran War Will Last

President Trump rebuked a reporter over the Iran war timeline, comparing it to Vietnam, highlighting the political sensitivity of military duration.

International Business Times UK

Israel-Lebanon ceasefire extended by three weeks, Trump says

Iran has claimed Israeli attacks in Lebanon constitute a violation of its truce with the U.S.

Axios

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Strait of Hormuz: Iran’s ‘nuclear deterrent’

This is the text from The Conversation UK’s World Affairs Briefing email. Sign up here to receive weekly analysis of the latest developments in international relations, direct to your inbox.

The Conversation

'Don't rush me': Trump denies setting deadline for Iran proposal; turns down nuclear options

US President Donald Trump on Thursday used an Oval Office interaction with reporters to strike a defiant tone on Iran as he claimed that he was in no hurry to reach a deal. Trump also rejected the use of nuclear weapons and claimed that Washington had already inflicted major military…

The Times of India

Iran Reportedly Deploys More Mines In The Strait Of Hormuz Amid Lack Of Talks

Iran has continued laying mines in the Strait of Hormuz as negotiations with the U.S. remain at a standstill, according to a new report.

International Business Times

Morning Mail: Trump boasts ‘control’ of strait of Hormuz, farmers face tough call on crops, true age of Twelve Apostles revealed

US president boasts hold over Iran despite seizure of ships by Tehran; new head of Adelaide writers’ week defends speakers’ rights to expression

The Guardian - AU

Trump threatens to end Iran war by force but rules out using nuclear weapon

IN FULL

The Independent UK

Mike Pence says Trump should back off the Pope and shreds president’s ‘offensive’ Jesus pictures

President has gone on several social media rampages against Pope Leo XIV, after the pontiff spoke out against the war in Iran

The Independent UK

Face Burnt, Multiple Surgeries: Mojtaba Khamenei's Health Update Reveals Shocking New Details

Iran's Supreme Leader, Ayatollah Mojtaba Khamenei, faces severe injuries affecting governance, with IRGC generals taking on more decision-making roles amid his recovery.

International Business Times UK

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Barchart

Stocks Settle Lower on US-Iran Stalemate

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.41%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.57%. June E-mini S&P futures (ESM26 ) fell -0.42%, and June E-mini Nasdaq futures...

International Business Times UK

'Completely Unacceptable': Strait of Hormuz Could Take 6 Months to Fully Open But Pentagon Dismisses Report

The Pentagon denies claims that reopening the Strait of Hormuz could take six months, amid escalating tensions between Iran and the US.

International Business Times

Brent Crude Tops $105 As Strait Of Hormuz Remains Closed, Negotiations At a Standstill

The price of Brent crude oil continued to rise on Thursday as the Strait of Hormuz remains closed and negotiations between the U.S. and Iran is still deadlocked.

International Business Times

Trump Says He Has 'All The Time In The World' To Make a Deal With Iran, Which Doesn't

President Donald Trump said he has "all the time in the world" to make a deal with Iran and end the war, but Tehran is not in that same position because the blockade of the Strait of Hormuz is choking its finances.

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PC Gamer

Crypto-scammers are offering cargo ships in the Strait of Hormuz safety for Bitcoin, and Iran's already fired on at least one

At least no-one's been hurt, yet.

Barchart

Dollar Climbs as Crude Prices Jump and Stocks Fall

The dollar index (DXY00 ) climbed to a 1.5-week high on Thursday and finished up by +0.22%. The dollar remains supported amid persistent tensions in the Middle East, which is boosting safe-haven demand for the dollar. Also, rising crude oil prices are pushing up inflation expectations, a hawkish factor for...

Barchart

Crude Oil Prices Surge on Signs Iran War Will Persist

June WTI crude oil (CLM26 ) on Thursday closed up +2.89 (+3.11%), and June RBOB gasoline (RBM26 ) closed up +0.0858 (+2.65%). Crude oil and gasoline prices settled sharply higher on Thursday, with gasoline climbing to a 3.75-year high. Energy prices remain underpinned as the Strait of Hormuz remains essentially...

International Business Times

Some Israeli, U.S. Officials Reportedly Believe Mojtaba Khamenei Is Not Ruling Iran

Some officials in Israel and the U.S. believe that Supreme Leader Mojtaba Khamenei is not ruling Iran, with control being exerted by the revolutionary guard, according to a new report.

Latin Times

Air defenses activated in Tehran as Iran reports 'hostile targets' amid rising regional tensions

Air defense systems were activated across parts of Tehran late Thursday, according to Iranian state-affiliated media, in a development that underscores the fragile and increasingly volatile security situation in the Middle East.

Axios

Iran deploys more mines in the Strait of Hormuz, sources say

The military standoff in the world's most important oil chokepoint is escalating.

The Guardian - UK

Trump may talk of regime infighting, but Iran seems united by strategy born of war

Tensions around US negotiations may reflect mistake of assassinating more pragmatic and experienced figures

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