The Latest Breaking News from Iran

Labour Day 2026 Gas Prices: Average Regular Fuel Hits Record High of $4.15 Amid Iran War Disruption

US gasoline prices reached a record Labour Day average of $4.15 (£3.07) as the Iran conflict, Strait of Hormuz disruption and refinery pressures kept fuel costs high for holiday motorists.

International Business Times UK · Sep 7

Oil at $96 a Barrel: What the Hormuz Crisis Is Costing You and Why U.S. May Hold Off Escalating Until Nov. 3rd

Iran fired missiles at a US carrier in Hormuz and plans an exclusion zone as the White House stalls the fight until November 3.

Latin Times · Sep 7

Trump floated renaming New Mexico to ‘New America.’ But the state’s own governor says the name ‘isn’t up for debate’

New Mexico's governor accused him of trying to "distract" from Iran and gas prices

We Got This Covered · Sep 7

Goldman Sachs warns oil could surge to $120 a barrel if attacks on Hormuz continue

Brent crude oil prices are on track to surpass $100 per barrel for the first time since July

The Independent UK · Sep 7

First Thing: German far-right leader thanks Elon Musk after landmark election win praised by Russia

The populist, far-right, anti-immigration AfD won the vote in the eastern state of Saxony-Anhalt

The Guardian - UK · Sep 7

Iran threatens new sanctions on ships passing through Strait of Hormuz

IN FULL

The Independent UK · Sep 7

Qatar sends empty LNG ships back toward Gulf amid signs exports could resume

Several LNG tankers associated with Qatar are currently en route to the Persian Gulf, hinting at a potential restart of shipments through the critical Strait of Hormuz. The intensifying conflict between the US and Iran is complicating shipping dynamics in the region, prompting Asian and European buyers to explore other…

The Economic Times · Sep 7

Iran footballers finally reveal why they refused to sing national anthem

IN FULL

The Independent UK · Sep 7

UAE builds alternative trade, energy routes after Iran attacks, official says

The UAE is building alternative routes for its energy exports and trade to reduce its dependence on the Strait of Hormuz amid the war with Iran, presidential adviser Anwar Gargash said.

The Economic Times · Sep 7

Global Market: European stocks subdued as oil surge fuels inflation, ECB rate hike bets

European shares were subdued on Monday as rising oil prices sparked by US-Iran tensions renewed inflation fears. Investors are closely monitoring the European Central Bank's upcoming interest rate decision, while a sharp decline in Novartis stock and German political uncertainty following regional elections further weighed on overall market sentiment.

The Economic Times · Sep 7