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The Latest Breaking News from Iran

Iran players depart unwelcoming World Cup, jeered by US official but saluted by fans

In a World Cup co-hosted by a country waging war on their homeland, the odds were always stacked against Iran’s Team Melli, who narrowly missed out on the knockout stage despite being undefeated. Their players departed North America on Tuesday, mocked by a senior official in the Trump administration but…

France 24

JD Vance Reveals the 'Persian Negotiating Tactic' He Says Makes US-Iran Talks Both 'Fascinating And Frustrating'— 'That Is The Way...'

Vice President JD Vance offered his perspective on the unique negotiation tactics employed by Iran and their approach towards the peace talks with the U.S.

Benzinga

Container ship ‘runs aground in Strait of Hormuz’

Comes as Steve Witkoff and Jared Kushner were in Doha, Qatar, for talks with mediators

The Independent UK

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Trump Wants Lower Gas Prices, but Refineries Face Heat Waves, Iran War and a Russia-Ukraine 'Wild Card,' Analyst Says

While President Donald Trump has warned the oil companies to reduce gas prices at the pump to reflect the drop in crude oil costs, GasBuddy analyst Patrick De Haan says reducing fuel costs might be more complicated than it seems.

Benzinga

Iran, Oman advance plan to make vessels pay for Strait of Hormuz passage despite US objection

Iran and Oman are moving forward with plans to introduce payments for merchant vessels transiting the strategic Strait of Hormuz , despite strong objections from the United States.

The Times of India

Iran and Oman push Strait of Hormuz fee proposal despite Washington opposition

Iran and Oman are pushing for payments from ships transiting the Strait of Hormuz, a move opposed by Washington. This proposal, inspired by the Straits of Malacca and Singapore, aims to fund maritime safety. While Oman frames it as voluntary service fees, Iran insists on mandatory tolls. A temporary peace…

The Economic Times

Iran-US war latest: Trump dismisses fears of renewed combat as Qatar cites ‘positive progress’ in deadlocked talks

Jared Kushner and Steve Witkoff were in Qatar to discuss the state of negotiations with mediators

The Independent UK

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Gold prices fall Rs 1,300/10 gram; silver tanks Rs 5,600/kg as rate hike bets, US-Iran tensions dent mood. Time to sell precious metals?

Gold and silver prices tumbled on Wednesday as fading hopes for a U.S.-Iran peace deal fueled inflation worries and bolstered expectations of sustained high interest rates from the Federal Reserve. MCX silver futures saw a significant drop, while gold futures also declined. Analysts advise caution, suggesting investors await the Federal…

The Economic Times

Global AI wave revs up Asian factories, offsetting war-induced pain

Asia's manufacturing sector experienced a significant boost in June, driven by robust demand for AI-related technology goods. This surge provided much-needed relief for export-dependent economies, even as the Iran conflict contributed to price pressures and shipping delays. Surveys indicate that the global AI investment wave is actively reshaping the region's…

The Economic Times

Children were blown up at a busy Iranian school. Trump still claims America wasn’t responsible

Teachers called parents to pick up their kids. Then the bomb fell

The Independent UK

A US missile killed Iranian schoolchildren four months ago. We still don’t know the full story

The Feb. 28 attack on a primary school in southeastern Iran was the deadliest reported strike in the U.S.-Israeli war against Iran

The Independent UK

Sensex rises over 150 points, Nifty above 23,900 as investors weigh Iran tensions, weak monsoon concerns

Indian stock markets opened the second half of 2026 with modest gains after recent declines. Investors are closely watching escalating US-Iran tensions, which are impacting oil prices, and a concerningly weak monsoon season. Analysts suggest adjusting portfolios towards fixed income and monsoon-proof sectors like healthcare and defense to mitigate potential…

The Economic Times

JD Vance calls Iran’s denial of peace talks a 'Persian tactic', claims US holds 'all the cards'

US Vice President JD Vance has described Iran's public denials of ongoing negotiations with Washington as a "Persian negotiating tactic", while insisting the United States remains in a position of strength regardless of whether talks produce a final agreement.

The Times of India

Asian airlines' Europe windfall fades as Gulf rivals rebound

Asian airlines that benefited from higher fares and passenger numbers on European routes due to the Iran conflict are now facing declining advantages. Gulf carriers have resumed flights, offering lower prices, leading to a gradual erosion of market share gained by airlines like Singapore Airlines and Cathay Pacific.

The Economic Times

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The Times of India

War on hold? Trump briefed on all-out Iran war options, but chooses talks, says report

US President Donald Trump has considered resuming large-scale military strikes against Iran in recent days but has decided, for now, to continue diplomatic negotiations, according to a Wall Street Journal report, citing US officials familiar with the discussions.

France 24

Iran announces end of indirect talks with US in Doha

Iran's deputy foreign minister on Wednesday announced that indirect talks with the US in Doha had concluded. US President Donald Trump said earlier that his negotiators were making progress towards the denuclearisation of Iran following a series of “good meetings”. Read our blog to see how the day's events unfolded.

The Times of India

'Not buried': Iran dismisses viral claims about martyred Supreme Leader Ali Khamenei

Iran on Wednesday has rejected viral social media claims that the body of the country's martyred Supreme Leader, Ayatollah Ali Khamenei, has been buried at the shrine of Hazrat Masumeh in Qom, calling the reports "entirely false and without foundation."

The Independent UK

Asian shares trade mixed as worries over Iran-US deal remain

Asian shares are trading mixed, as uncertainty remained about the war in Iran and access to the crucial Strait of Hormuz despite an initial U.S.-Iran deal

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The Economic Times

LPG Cylinder Price: Commercial LPG down Rs 183.50 from July 1, first cut in 2026

LPG Price Cut: Commercial LPG cylinder prices have seen a significant reduction of Rs 183.50, effective July 1, 2026. This marks the first price cut for 19-kg cylinders this year, bringing relief to businesses. Domestic cylinder rates, however, remain unchanged. The price drop is attributed to easing global crude oil…

The Times of India

'We will not leave': Netanyahu visits Israeli troops in 'occupied' southern Lebanon

Israeli Prime Minister Benjamin Netanyahu visited the Israeli military-occupied territory in southern Lebanon and declared that Israeli forces would not withdraw as long as Iran-backed Hezbollah continued to threaten Israel, despite a US-mediated security agreement reached last week that envisages a phased Israeli pullback from parts of the area.

The Economic Times

Oil Price Today (July 1): Crude oil above $73 as Iran rejects direct peace talks with US. Where are prices headed?

Brent crude futures were up 50 cents, or 0.69%, at $73.45 a barrel at 1208 GMT. U.S. West Texas Intermediate (WTI) crude rose 63 cents, or 0.91%, to $70.13 a barrel.

Benzinga

Iran Refuses To Meet Trump Envoys, Signals Plans To Control Strait Of Hormuz In Fresh Challenge To US-Brokered Peace Efforts

On Tuesday, Iran ruled out direct talks with senior U.S. officials despite Washington’s latest diplomatic push, underscoring deep divisions over a fragile ceasefire and the future of one of the world’s most critical oil transit routes.

The Economic Times

Gold slips as fading US-Iran peace prospects reinforce Fed rate-hike bets

Gold prices tumbled to a seven-month low as hopes for a U.S.-Iran peace deal faded, fueling inflation worries and increasing the likelihood of Federal Reserve interest rate hikes. Cleveland Fed President Beth Hammack indicated a willingness to raise rates if inflation persists. Investors are now keenly awaiting U.S. employment data…

Bangkok Post

Talks in Qatar after US-Iran deal: What we know

DOHA - US envoys met with Qatari mediators on Tuesday in Doha to discuss negotiations with Iran, the Gulf state said, after Tehran and Washington agreed a memorandum of understanding this month to halt the Middle East war.

The Economic Times

Global Market Today: Asian stocks rise after US tech gains, yen steady

Asian markets surged, mirroring a strong US performance driven by chipmaker gains and resilient economic data. Investors are largely overlooking geopolitical tensions, betting on continued corporate earnings growth. The yen's sharp decline to a 40-year low is drawing attention, while progress in US-Iran talks offers a glimmer of stability. This…

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