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The Latest Breaking News from Iran

Stocks Rally on Tech Earnings and Hopes of a US-Iran Peace Deal

The S&P 500 Index ($SPX ) (SPY ) today is up +0.76%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.94%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.19%. June E-mini S&P futures (ESM26 ) are up +0.81%, and June E-mini Nasdaq futures...

Barchart

Trump's Bluff to Iran Didn't Work

After trying to open the Strait of Hormuz by force, the U.S. is ready to accept an Iranian proposal it had rejected.

Reason

Trump threatens Iran with more bombing if nuclear deal talks fail

Donald Trump has threatened Iran with further bombing if a deal to end the war is not reached. He said that if Iran agrees to the terms, Operation 'Epic Fury' would end, and the Strait of Hormuz would be open to all. But “if they don’t agree, the bombing starts,…

The Independent UK

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US Gas Prices Have Jumped 50% Since Beginning Of Iran War As Supply Shock Pushes Costs Higher

The International Energy Agency described the situation as one of the most severe disruptions to global oil markets in recent history.

International Business Times

More than 100 flights from UK airports cancelled this month as June sees reduction

Cancellations coincide with the final week of May, a peak holiday period for many schools' half-term breaks

The Independent UK

US declares war in Iran ‘over’ to avoid row with Congress over whether it was legal

Operation Epic Fury is over. Or at least, that’s what the US secretary of state, Marco Rubio, announced on May 5, describing any further US action in the Gulf as purely “defensive”.

The Conversation

Lufthansa posts record revenue but warns Iran war fuel costs will hit annual profit

The German airline group posted its highest-ever revenue in 2025 and improved its first-quarter results, but soaring jet fuel costs linked to the Iran war are forcing route cuts and pushing annual profit below initial forecasts.

Euronews

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Damned if You Do

Plus: Ella Emhoff's SSRIs, measuring childhood independence, the hantavirus cruise ship, and more...

Reason

Donald Trump says Pope Leo XIV is fine with Iran going nuclear. Clearly someone doesn’t apply brains to his lies

The feud continues.

We Got This Covered

'Different from anything in the past 80 years of dollar dominance': U.S. sanctions spur a 'paradox' pushing allies away from American currency

Economists warn the ongoing war in Iran and aggressive U.S. trade policies have eroded trust in American financial systems.

Fortune

Trump Unleashes Conspiracy-Fueled Rant to Children in Chaotic Oval Office Scene

Trump conspiracy rant to children draws backlash after he delivers graphic and unverified claims about protest violence during an Oval Office event with kids.

International Business Times UK

America has a clear message for Trump and Hegseth: Scrap the religious rhetoric

In contrast to the president and defense secretary, Americans view Pope Leo XIV positively after the pontiff hit back at the administration, a new poll reveals

The Independent UK

Operation Epic Fury declared ‘over’ and Project Freedom paused in abrupt pivot by Trump admin

IN FULL

The Independent UK

Proposed US-Iran Framework Would Suspend Enrichment and Ease Sanctions, White House Sources Say

While no agreement has been finalized, officials described the current talks as the closest the two sides have come to a breakthrough since the conflict began

Latin Times

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The Guardian - UK

Pope Leo rejects claim he supports nuclear weapons after Trump tirade

Pontiff responds after US president accuses him of ‘endangering a lot of Catholics’ with stance on Iran war

International Business Times

Oil Plunges On Reports That U.S. And Iran Are Making Progress Towards Ending The War

Oil prices are plunging on Wednesday following reports that the U.S. and Iran are making progress towards a memorandum of understanding to end the war.

International Business Times

U.S. Commercial Ships That Crossed The Strait Of Hormuz Had U.S. Military Teams Aboard: Report

Two ships that crossed the Strait of Hormuz on Monday had U.S. military security teams aboard, according to a new report.

Euronews

Fire at commercial complex near Tehran kills 11 and injures dozens

Iranian media reported on Wednesday that a fire at a shopping centre near the capital left 11 people dead and dozens of others injured. The prosecutor's office has called for an investigation into the incident to identify possible culprits, state-run media reported.

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news in one place.

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International Business Times

U.S. And Iran Reportedly Advancing Document To End The War And Usher Nuclear Negotiations

U.S. and Iran are getting close to a one-page memorandum of understanding to end the war and usher detailed nuclear negotiations, according to a new report.

Evening Standard

Oil prices drop below 100 dollars a barrel on renewed hopes over peace deal

The cost of benchmark Brent crude dropped 11% to under 98 dollars a barrel.

International Business Times UK

JD Vance Rally In Des Moines Faces Embarrassing Zero Buzz As Crowd's 'Dead Silence' Follows Tepid Trade Policy Pitch

Vice President JD Vance's Iowa rally aimed to support Rep Zach Nunn's campaign, but an awkward moment and hints of a 2028 presidential run stole the spotlight.

International Business Times UK

Donald Trump Faces Backlash After Making 'Deeply Inappropriate' Remarks to Children

Donald Trump is under fire for delivering graphic, misleading and highly political remarks about Iran, transgender athletes and the 2020 election in front of schoolchildren at the White House.

The Guardian - UK

First Thing: Sick crew members evacuated from hantavirus cruise ship

Medical evacuations from vessel as Spain gives permission to dock at Canary Islands. Plus: the Mexico City nightclub that charges Americans 90% more

The Independent UK

All the times Trump said the war in Iran was over - and how the markets reacted

The market has endured frenzied swings in response to Trump’s headline-making statements

The Times of India

'Endangering Catholics': Trump-Pope tensions escalate ahead of Rubio’s talks at Vatican

Trump again assails Pope Leo, potentially complicating Rubio's visit to Vatican this week

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