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The Latest Breaking News from Iran

Trump takes victory lap after Senate GOP caves on Iran resolution

Senate Republicans who were berated by President Donald Trump over opposition to his war in Iran held a late-night vote Wednesday to try to appease him, rejecting a war powers resolution a day after a similar measure passed

The Independent UK

US Senate sides with Trump in fresh vote on Iran war powers

US Senate narrowly rejected a resolution to curb President Trump's Iran war powers, a day after passing a similar measure. Republican senators, reportedly under pressure from Trump, shifted their votes. The President, who had criticized the initial vote as "meaningless," celebrated the reversal, stating it "puts Iran on notice!" The…

The Economic Times

Newsletter: Can the Recovery Conference mend a fraying partnership?

In today's newsletter: A high-level conference in Gdańsk has been plagued by no-shows from the Ukrainian government, NATO Secretary General Mark Rutte unveils "Trump Trillion" charts while at the Oval Office, and a Commissioner heads to Malta to address corruption.

Euronews

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Ryanair ditches family seating fees; Markets at record highs as oil hits pre-Iran war levels – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Stoic Warrior oil tanker navigates the Strait of Hormuz despite Iran threats

The Stoic Warrior took off early Thursday morning on a trip that saw it hug the coast of the United Arab Emirates and then Oman

The Independent UK

Crude oil prices crash 42% from April’s $126 peak. More downside coming?

Global oil markets are stabilizing after months of turmoil caused by the Strait of Hormuz closure and war damage. Crude prices have plummeted 42% from their April peak, with Brent falling below $73 a barrel, signaling a return to pre-conflict levels

The Economic Times

Trump Draws Red Line: No Final Iran Agreement If Tehran Charges Shipping Fees

President Trump firmly opposes Iran's proposal to charge shipping fees in the Strait of Hormuz, emphasising free passage as a critical condition in ongoing negotiations

International Business Times UK

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Trump-Cassidy Showdown Signals New GOP Senate Rebellion: 'Mad as a Murder Hornet' Over Iran War

Four Republican senators broke with Trump on Iran the same day he cancelled a bipartisan housing bill, signalling a Senate rebellion that could stall the bills hitting your wallet.

International Business Times UK

Trump Was Informed, Not Consulted — Netanyahu on Israel's Iran Operation

Israeli Prime Minister Netanyahu disclosed informing President Trump of Israel's military plans against Iran, emphasising Israel's independent security strategy amid ongoing US-Iran diplomatic talks

International Business Times UK

Iran-US war latest: Tehran strikes ship in Strait of Hormuz as countries try to reopen oil route

The recent strike poses a threat to efforts to reopen the Strait

The Independent UK

IndiGo, SpiceJet shares rally up to 4% as crude oil prices fall below pre-war levels after 42% crash

Aviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased following progress in the Iran conflict. Lower fuel costs lifted sentiment for airlines, while investors assessed the potential recovery in travel demand and normalisation of global aviation operations.

The Economic Times

IRGC Navy rejects new Strait of Hormuz route, warns of enforcement measures: Iranian Media

Iran's Revolutionary Guard Navy has issued a stern warning to vessels transiting the Strait of Hormuz, insisting on the use of only Iran-approved routes. This declaration follows Oman's announcement of a new, temporary maritime corridor in coordination with the International Maritime Organization. The IRGC stated that any passage outside designated…

The Economic Times

Trump’s Plan Backfires? Modi’s BRICS Move Stuns China

While global powers are increasingly choosing sides, India is quietly rewriting the rules. At a time when geopolitical tensions are reshaping international alliances, Prime Minister Narendra Modi's approach is drawing attention across the world. Instead of limiting itself to one camp, India is building relationships with competing powers simultaneously. The…

MyLifeXP

US President Donald Trump's showdown with Republican Senator Bill Cassidy: Inside the blow-up on Capitol Hill

A heated exchange erupted between Senator Bill Cassidy and President Donald Trump during a private GOP lunch. Cassidy recounted confronting Trump over a lack of transparency regarding Iran, leading to the President raising his voice and calling the senator a "lunatic." Despite the public fallout, some Republicans downplayed the incident,…

The Economic Times

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The Economic Times

Israeli strike on south Lebanon kills two, Hezbollah accuses it of truce 'violation'

An Israeli strike on a vehicle in southern Lebanon killed two people on Wednesday, Lebanese state media reported, with militant group Hezbollah calling it another "violation" of a truce between the two sides. Hezbollah accused Israel of a new ceasefire "violation" on Wednesday after an Israeli drone killed two people…

The Economic Times

At White House, NATO'S Rutte tries to ease tensions with Trump over Iran

NATO chief Mark Rutte met with President Trump at the White House to ease tensions over the Iran war and U.S. troop withdrawal threats. Rutte presented data on increased defense spending by allies, calling concerns about support "isolated cases." While Trump praised Rutte's efforts, he remained largely unconvinced about European…

The Independent UK

Iran and Lebanon’s Shiite Muslims mark poignant holy day of Ashfoura as war rages

The holy day of Ashoura symbolizes sacrifice and martyrdom – which holds special significance for many this year after months of conflict

Euronews

Hormuz confusion deepens as Iran and US clash over who controls it

Trump said Tehran had promised no tolls or charges in the strait, hours after Iran and Oman announced a joint permit system asserting their authority over the waterway. Rubio flew to Abu Dhabi to reassure Gulf allies, as analysts warned control over Hormuz would be a major strategic victory for…

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The Times of India

'Lunatic': Donald Trump enters shouting match with fellow Republican over Iran

US President Donald Trump and Republican Senator Bill Cassidy engaged in a heated shouting match during a closed-door meeting with Senate Republicans on Thursday (local time), exposing growing divisions within the GOP over Trump's handling of Iran and his broader political agenda.

The Economic Times

Oil Price Today (June 25): Crude oil erases Iran war gains as Hormuz traffic boosts supply. What are experts saying?

Brent crude has slipped below $73 a barrel for the first time since February 27, 2026. It had hit a high of $126 per barrel on April 30 and is down 42% from those levels.

The Economic Times

30 India-bound ships cross Strait of Hormuz since Iran war began, 26 more await transit

Thirty ships bound for India have successfully navigated the Strait of Hormuz, a crucial route disrupted by recent geopolitical tensions. An additional 26 vessels are awaiting passage. Among those that transited, a significant portion carried vital energy supplies like LPG and LNG, alongside bulk cargo and crude oil. This development…

The Economic Times

Traffic flows through Hormuz continue to improve as IMO evacuation begins: Monitor

Traffic through the Strait of Hormuz is showing a marked improvement following a US-Iran agreement, with an average of 22 commodity ships daily since June 15, a significant rise from pre-agreement levels. New IMO evacuation routes are also facilitating the passage of vessels, with hopes of evacuating around 50 seafarers…

The Economic Times

Oil prices fall as tankers exit Strait of Hormuz

Oil prices are dropping significantly as tankers resume passage through the Strait of Hormuz following a preliminary peace accord between the US, Israel, and Iran. This easing of supply concerns has pushed prices towards pre-war levels, surprising many analysts. Despite ongoing demining efforts, the flow of oil is expected to…

The Independent UK

The Latest: Crowd gathers on the National Mall to hear Trump rally for America 250 kickoff

President Donald Trumpwill be on Washington’s National Mall on Wednesday seeking to deliver a campaign-style rally that gets Americans excited about his presidency and America’s 250th anniversary celebrations

The Economic Times

White House seeks $87.6 billion from Congress for Iran war costs, US farmers and Ebola response

The White House has formally requested $87.6 billion, primarily to replenish the Pentagon following the U.S. war against Iran. This comes amid significant political opposition to further military action. The supplemental spending request also includes substantial funds for American farmers, the Ebola outbreak in Central Africa, and infrastructure projects in…

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