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The Latest Breaking News from Iran

Oil prices surpass 90 dollars a barrel after fresh attacks in US-Iran war

The US carrying out a new round of airstrikes targeting Iran early on Monday helped spark fresh volatility in the world’s energy markets.

Evening Standard

Oil price soars above $90 as US and Iran escalate war

Analysts warn oil market may be underestimating risk to supply from latest escalation

The Independent UK

Global Market: German bond yields hit two-year high as oil surge fuels ECB rate hike bets

German bond yields rose as oil prices increased amid U.S.-Iran tensions. This surge strengthened expectations for the European Central Bank to tighten monetary policy. Money markets now anticipate higher deposit rates by early 2027. Traders have fully priced in a rate hike at the ECB's upcoming September meeting. Italy's 10-year…

The Economic Times

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Global Market: European shares dip as oil surge fuels inflation fears ahead of ECB meeting

European shares dipped slightly as oil prices climbed due to escalating US-Iran tensions. This surge revived inflation concerns and impacted investor sentiment ahead of key economic events. Energy stocks performed well, while travel and leisure shares faced pressure from higher fuel costs. Technology stocks saw gains as investors anticipated major…

The Economic Times

Why the Red Sea remains one of the world's most dangerous shipping routes

Red Sea Shipping Route Explained: In a concerning development, Iran has alerted the world to possible disruptions in the Red Sea that threaten vital energy markets. The Bab el-Mandeb Strait, an essential trade artery, is now under scrutiny as Houthi rebels have stationed missiles and drones nearby. This precarious situation…

The Economic Times

India 10-year bond slumps to lowest in nearly a month as Middle East oil risks heat up

Indian government bonds experienced a significant decline early Monday. Escalating U.S.-Iran tensions pushed oil prices higher, impacting the rupee. This situation prompted traders to reduce their positions in government bonds. Higher crude prices strain India's import bill and government finances. Foreign investor demand for Indian debt is expected to moderate…

The Economic Times

Marco Rubio Says US 'Always' Open To Iran Diplomacy, Warns It Won't 'Be Good' For Tehran If Talks Fail: 'Economy is in Shambles'

In the midst of continuous military strikes, Secretary of State Marco Rubio has expressed that the U.S. remains receptive to diplomatic discussions with Iran.

Benzinga

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Iran war briefing: US preparing for greater escalation with Iran – report

IN FULL

The Independent UK

US equity funds see first weekly outflow in three weeks as chip selloff weighs on sentiment

US equity funds saw their first weekly outflow in three weeks, with a net $4.8 billion pulled amid a semiconductor selloff and US-Iran tensions, even as bond funds extended their winning streak to 13 weeks and money market funds recorded their largest outflow since April, per LSEG Lipper data cited…

The Economic Times

Gilt yields edge higher as Andy Burnham promises to ‘meet fiscal rules’ as prime minister - as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Relieved that crude has finally fallen? The real warning signs just began flashing elsewhere

As the Iran crisis enters its fifth month, traders have become increasingly convinced that Trump will do almost anything to avoid a politically damaging spike in U.S. fuel prices. But the bright flashing warning signs coming out of the refining system suggest the U.S. president may struggle to prevent one.

The Economic Times

Vessel Catches Fire Near the Strait of Hormuz off Oman Amid US-Iran War Escalation: Report

A vessel reportedly caught fire on Monday near the coast of Oman in the Strait of Hormuz as tensions escalate between the U.S. and Iran following missile strikes.

Benzinga

Europe Today: Spain crowned World Cup champions as US strikes in Iran continue

Spain have been crowned World Cup champions for the second time in their history after defeating Argentina 1-0 in extra time last night. Meanwhile, the US has continued to strike Iran for the ninth consecutive night and Andy Burnham is set to become the UK’s new prime minister today.

Euronews

Stock Market: Will S&P 500 Open Up or Down Today?

U.S. stock futures were higher heading into Monday morning as investors weighed an escalating military campaign against Iran, rising American casualties, and renewed concerns over global oil supplies.

Benzinga

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Euronews

Eurozone inflation confirmed at 2.8%: Will it be enough for the ECB to pause?

Eurozone inflation was confirmed at 2.8% for June on Friday, marking the first decline this year and giving the European Central Bank a timely argument to keep its deposit facility rate unchanged at 2.25% when it meets this week.

The Independent UK

Iran-US war latest: Trump says Tehran will pay ‘many times over’ for US soldier deaths as Iran targets Kuwait

Oil prices climb above $90 a barrel after Iranian military targets two tankers in Strait of Hormuz

Sports Illustrated

Ranking All 48 Teams at the End of the 2026 World Cup

One very memorable tournament, after one very forgettable final, saw 48 teams deliver performances from every extreme.

The Times of India

'Leverage against the world': Rubio claims Iran wants to 'weaponise' Strait of Hormuz

US Secretary of State Marco Rubio emphasised the importance of global cooperation in safeguarding maritime security, warning that Iran aims to assert control over the Strait of Hormuz for strategic leverage. In response to this threat, the US military executed strikes against Iranian command centers. Subsequently, a vessel caught fire…

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The Economic Times

Why did market fall today? Sensex slumps 440 points, Nifty closes below 24,250. 6 factors behind the selloff

Indian stock markets tumbled on Monday as rising oil prices and escalating tensions between Iran and the US rattled investors. Heavyweight bank stocks took a hit due to unremarkable quarterly results. Despite this, broader market indices managed to maintain relatively better performance than the benchmarks. Market players now look forward…

Euronews

US hits Iran for ninth night as Khamenei calls ceasefire 'worthless'

US Central Command said it targeted military command centres, air defence systems and missile sites overnight, as Iran's ayatollah called Trump's signature on the interim deal "worthless and invalid" and a negotiator said Tehran was suspending its commitments.

The Times of India

5.5 magnitude earthquake hits western Iran

A magnitude 5.5 earthquake struck western Iran on Monday, according to the European-Mediterranean Seismological Centre. The quake occurred at a depth of 10 kilometers.

The Economic Times

ASEAN ministerial talks: Iran war, Myanmar crisis and South China Sea rifts under spotlight

Southeast Asian diplomats are meeting in Manila to discuss escalating Middle East conflicts. They will express alarm over renewed hostilities and urge a return to peace talks. Regional disputes, including Myanmar's civil war and South China Sea tensions, are also on the agenda. US Secretary of State Marco Rubio will…

The Independent UK

Iran launches attacks after latest round of US strikes

Bahrain is sounding its missile alert sirens Monday morning, warning of an Iranian retaliatory attack after U.S. airstrikes targeted the Islamic Republic

The Conversation

Australians are more concerned about terrorism and cyberattacks than war: new research

2026 has been an unsettling year in terms of Australian security. It opened with the nation still reeling from its worst terrorist attack on home soil. This sense of insecurity has since been compounded by regional and global events, including the conflict in Iran and, more recently, the Chinese ballistic…

The Times of India

'Dozens killed': Iran claims Jordan helped target US forces, aircraft

Iran's Revolutionary Guard claims Jordan provided intelligence for attacks on US military targets. The United States conducted airstrikes on Iran in retaliation for troop deaths. Bahrain, Jordan, and Kuwait activated air defense systems against Iranian drones. A ship caught fire in the Strait of Hormuz amid escalating tensions. These exchanges…

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