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The Latest Breaking News from Iran

The $24bn of frozen Iranian assets standing between Trump and a peace deal

The issue of billions of dollars worth of assets frozen around the world is said to be the last sticking point in negotiations between Iran and the US

The Independent UK

Trump tightens grip on GOP as Republicans fear midterm bloodbath

Donald Trump's formidable influence within the Republican Party is undeniable, evidenced by his recent endorsement of Ken Paxton, who secured a primary runoff victory in Texas

The Independent UK

Trump accuses Iran of stalling peace deal to ‘outwait’ him until US midterms

US president sends contradictory messages about ending war at cabinet meeting with call to bolster Abraham accords

The Guardian - US

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Iran says ‘low’ possibility of return to war with US

TEHRAN - Iran’s Revolutionary Guards said on Wednesday that a return to war with the United States was unlikely, while warning that the Islamic republic stood ready against any attack.

Bangkok Post

Donald Trump is getting the Republican Party that he wants. But can he win in the midterms?

President Trump's strong influence in Republican primaries presents a challenge for the party's upcoming midterm elections. Voters are reportedly unhappy with his economic policies and actions regarding Iran. Republican strategists express concern that Trump's approach may alienate broader electorates. Democrats see an opportunity to gain seats by highlighting these issues.

The Economic Times

US strikes Iran, Tehran hits back with attack on American air base

The United States carried out strikes on a ground control station in the south of Iran on Thursday, prompting retaliation from Tehran which targeted a US base in the most serious clashes since the April ceasefire began.

France 24

Energy bills in Britain surge higher on Iran war impact

Soaring wholesale gas prices caused by the Iran war is punishing British households with power price rises of more then 10 per cent.

AAP

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Iran war fallout amplifying Europe's financial vulnerabilities, ECB warns

The ECB warns of potential financial instability due to an abrupt bond market repricing, fueled by high government spending needs and hedge fund exposure. Lingering geopolitical tensions and US debt worries could amplify these risks, impacting euro zone growth and fiscal sustainability.

The Economic Times

Hindalco, Nalco shares jump up to 5% after aluminium prices hit 4-year high. Where is metal headed?

Hindalco and Nalco shares climbed as aluminium prices hit a four-year peak. Geopolitical tensions in Iran and possible production curbs in China, the world's top producer, are driving the rally. Traders are concerned about China's review of energy consumption and emissions. This situation tightens global supply, benefiting Indian aluminium producers.…

The Economic Times

Middle East crisis: Rubio says ‘some progress’ on US-Iran deal after Trump says ‘maybe we’ll just have to finish the job’ – as it happened

Trump and secretary of state give conflicting messages about the status of deal with Iran as US president meets with his cabinet

The Guardian - UK

AAP Rolling News Bulletin May 27, 1700

AAP Rolling News Bulletin for May 27 at 1700

AAP

Israeli firm links Iran-backed hackers to Los Angeles transit cyberattack

Iranian hackers are suspected of a major cyberattack on Los Angeles' transit system in March, stealing vast amounts of data. Israeli firm Gambit Security linked the breach to a pro-Iran group, 'Ababil of Minab,' which has claimed responsibility. The attack reportedly disrupted some services, though transit officials are investigating and…

The Times of India

AAP Rolling News Bulletin May 27, 1630

AAP Rolling News Bulletin for May 27 at 1630

AAP

Bulletin AM briefing: UK heatwave latest as Brits endure sleepless night

Met Office delivers latest UK weather forecast as heatwave continues. New study shows the true impact of Iran war on UK firms. White House left unimpressed by coverage of Trump ‘nodding off’. Most people cannot spot AI deepfakes in scam test, survey finds. British star beats Taylor Swift to become…

The Independent UK

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The Economic Times

Strait of Hormuz closure chokes trade and aid for Afghanistan

Afghanistan's trade routes are severely disrupted. Conflicts in the Middle East and border closures with Pakistan have crippled businesses and aid efforts. Shipping through Iran's Bandar Abbas port is blocked. Humanitarian aid, especially for malnourished children, is running out. Supplies are now rerouted through Central Asia, tripling costs. Businesses face…

The Guardian - UK

Energy price cap in Great Britain to rise by 13% from July

Average gas and electricity bill to jump to £1,862 a year from July until end of September, in part because of Iran war

The Economic Times

Oil shock fears ease, but $80-$90 crude may be the new normal: Arvind Sanger

Oil prices may remain high for months, according to market expert Arvind Sanger. While extreme price surges are less likely, consumers should prepare for elevated energy costs. Geopolitical tensions and supply chain issues will keep crude firm. India faces relief from price volatility but needs stronger domestic growth drivers beyond…

The Independent UK

New study shows the true impact of Iran war on UK businesses

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The Independent UK

Iran-US war latest: Tehran retaliates after Trump orders fresh strikes on military sites

White House dismisses report of draft agreement with Tehran as ‘complete fabrication’

AAP

AAP Rolling News Bulletin May 27, 1600

AAP Rolling News Bulletin for May 27 at 1600

AAP

AAP Rolling News Bulletin May 27, 1530

AAP Rolling News Bulletin for May 27 at 1530

The Guardian - UK

US-Israel war on Iran driving historic levels of global hunger, UN says

Conflict and cuts in funding have left World Food Programme ‘taking from the hungry to feed the starving’

The Conversation

Trump can’t sell the Abraham Accords on a Middle East that has lost trust in the US

As the US and Iran try to come to terms on a peace deal to end their months-long war, US President Donald Trump this week has introduced a new demand – that other countries in the Middle East sign on to his Abraham Accords, normalising relations with Israel.

AAP

AAP Rolling News Bulletin May 27, 1500

AAP Rolling News Bulletin for May 27 at 1500

The Economic Times

China supports 'active mediation' by Pakistan between US, Iran: FM Wang Yi

China backs Pakistan's role in mediating between the United States and Iran. Chinese Foreign Minister Wang Yi stated support for active mediation by Pakistan and other nations. He emphasized that negotiations between the US and Iran are crucial for peace. Wang met with Pakistan's Field Marshal Asim Munir to discuss…

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