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The Latest Breaking News from Iran

Japan's Nikkei closes at record high near 70,000 on AI boost

Japan's Nikkei share index hit a new record high for the third day running on Wednesday. The index closed just below the 70,000 mark. Easing Middle East conflict worries and strong buying in AI stocks boosted the market. Investors are also awaiting the US Federal Reserve's policy decision. Oil prices…

The Economic Times

Global Markets| European shares flat as investors await Iran deal details, Fed policy; BMW slides

European markets held firm today, with investors keenly awaiting developments regarding potential peace talks between the U.S. and Iran, alongside insights into the Federal Reserve's monetary policy. While automotive shares took a hit after BMW issued a profit warning, gains in the tech and defense sectors offered some cushion to…

The Economic Times

'We'll go back to shooting' if Trump sours on Iran deal

G7 leaders have welcomed the US-Iran ceasefire deal, but President Donald Trump is threatening to resume bombing if Iran doesn't "behave".

AAP

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The art of the bail: Iran got what it wanted. Did the U.S.? Everyone’s is judging Trump’s MIA MOU

Everything you need to know before you reach the office this morning.

Fortune

Why has inflation remained flat and where will it go from here?

The Office for National Statistics said Consumer Prices Index inflation was 2.8% in May, remaining at the same rate as in April.

The Independent UK

US to 'pay Iran $300bn' and lift 'all sanctions' in Donald Trump's peace deal

THE US will pay Iran “at least $300 billion” and end “all types of sanctions” levied against the country as part of Donald Trump’s…

The National (Scotland)

Surprisingly benign UK inflation data signals a softer Iran war hit than feared

Impact of war on UK cost of living more muted than first forecast suggesting fuel price rises have failed to spill out more widely across UK plc

The Guardian - UK

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G7 leaders applaud Iran, Ukraine progress ahead of tackling AI

G7 leaders are calling a US-Iran deal a historic chance. They also agreed to put more pressure on Russia regarding its Ukraine invasion. The leaders will meet with AI company heads to discuss online safety. Discussions also involve increasing air defense for Ukraine and strengthening sanctions on Russia's economy. The…

The Economic Times

Starmer and G7 urge robust agreement to follow Trump’s Iran ‘breakthrough’ deal

The group also backed the UK-French led effort to facilitate shipping through the key shipping lane.

Evening Standard

World shares are mixed and oil trades below $80 on optimism over interim US-Iran war deal

World shares are mixed and oil is trading below $80 a barrel as investors watch for details on the interim agreement to end the U.S.-Iran war

AAP

I’ll resume bombing if Iran acts up, Trump warns after criticism of deal

At G7 meeting in France, president angrily rejects suggestions US will contribute to $300bn fund for Iran

The Guardian - UK

Man charged with arson over fire at Golders Green memorial wall

Ali Fallahi, 45, from Ilford, has been charged with arson following a suspected attack at a memorial wall in Golders Green , north London. The incident, which occurred on 27 April, involved a fire allegedly started in a memorial cabinet next to the wall, prompting a counter-terrorism police investigation. Fallahi…

The Independent UK

Australia relaxes Gulf travel advice in boost for Middle Eastern airlines

Australians can now travel to the UAE, Qatar, Bahrain, Israel, and Kuwait. The government has eased travel warnings for these nations. This change follows a deal between the US and Iran. Gulf airlines are expected to benefit. Airfares may also see adjustments. Travelers can now secure insurance for these routes.

The Economic Times

Trump’s Iran peace deal under pressure as Israel strikes Lebanon

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The Independent UK

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AAP

US give Iran players marching orders after games

The Iranian Football Federation has received mixed news with a player visa issue resolved but confirmation of the team's marching orders after each game.

International Business Times UK

Pentagon Says Elon Musk's Grok Helped Deliver 2,000 Iran Strikes in 96 Hours

The Pentagon has revealed that Elon Musk's AI tool, Grok, was crucial in directing missile strikes in Iran, sparking debates on AI's role in warfare and civilian safety.

The Economic Times

Trump vows to reimpose US sanctions on Russian crude 'soon' as truce with Iran takes shape

President Trump announced that the US will soon reimpose sanctions on Russian oil, citing eased global supply concerns due to resumed flows through the Strait of Hormuz after a deal with Iran. This shift in focus allows Washington to concentrate more on the Ukraine war, as G7 leaders discuss further…

The Economic Times

IEA sees gradual Hormuz recovery tipping into significant 2027 surplus

The global oil market is set for a gradual recovery. The Strait of Hormuz will reopen following a US-Iran agreement. This ends a major oil supply disruption. The International Energy Agency predicts a significant oil surplus by 2027. Millions of barrels of Middle East oil output will return to the…

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AAP

Shares mostly advance and oil trades below $80 on optimism over interim US-Iran war deal

Asian shares are mostly higher and oil is trading below $80 a barrel, as markets watch for details on the interim agreement to end the U.S.-Iran war

The Guardian - UK

Oil prices fall after peace deal signed – as it happened

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The Times of India

$300bn private fund, $100bn frozen assets and oil waivers: What Iran actually gets in US peace deal

The US-Iran peace deal offers Tehran a sweeping financial package that includes immediate oil export waivers, a $300 billion private investment fund, and eventual access to more than $100 billion in frozen assets held across multiple countries, according to draft documents and officials familiar with the negotiations.

The Economic Times

Avoid IT, focus on growth: Samir Arora's playbook for next 12 months

Investor optimism is rising on hopes of a US-Iran agreement, potentially easing energy market concerns and geopolitical uncertainty. Helios Capital founder Samir Arora believes peace in West Asia could remove a key market overhang and help control oil prices, with a focus on broader outcomes over deal specifics.

The National (Scotland)

UK inflation holds steady despite Iran war disruption hitting fuel costs

UK inflation unexpectedly flatlined last month as a slowdown in food price rises offset pressure from airfares, according to official figures.

The Independent UK

Trump hopes to put Iran conflict ‘in the rearview mirror’

IN FULL

Evening Standard

Inflation unchanged at 2.8 per cent despite fears that Iran war effect would start to show on economy

UK inflation unexpectedly flatlines in food price rises offset pressure from rising fuel costs

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