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The Latest Breaking News from Iran

IMF says it will take time for energy, commodity prices to normalize after US-Iran deal

The IMF notes a decline in energy and commodity prices following a ceasefire in the Strait of Hormuz, though full normalization will take time. While inflationary expectations remain anchored, the Fund is particularly concerned about developing nations, especially in Africa, that are net energy importers. India's domestic demand is robust,…

The Economic Times

The Latest: Supreme Court lets Trump administration end legal protections for Haitians and Syrians

The Supreme Court voted 6-3 to allow the Trump administration to end legal protections for migrants fleeing violence and natural disaster in Haiti and Syria, exposing hundreds of thousands more people to potential deportation

The Independent UK

US, Cuba and Iran join global rescue effort after Venezuela earthquakes

Latin American and European countries also offer solidarity and help to nation already enduring a humanitarian crisis

The Guardian - UK

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Fear of mines alone could disrupt Strait of Hormuz shipping, warns French admiral

The Strait of Hormuz has reopened under a fragile United States-Iran deal, but it remains under close watch after maritime authorities warned of suspected and confirmed mines in the area. Former French Navy Admiral Éric Lavault – who headed France's mine warfare and seabed operations, and commanded the navy's bomb-disposal…

Radio France Internationale

'Cluster F**k': President Trump's Shouting Match With Republican Senators Boils Over

President Trump reportedly clashed with Sen. Bill Cassidy over Iran policy during a heated GOP meeting. Hours later, Cassidy reversed his vote, fueling questions across Washington.

International Business Times UK

Rubio warns Hormuz tolls would 'spread like contagion' to other waterways

US Secretary of State Marco Rubio warned that imposing tolls on ships in the Strait of Hormuz would lead to "total chaos," a stance reiterated by Oman which stated no fees would be levied. Iran, however, insisted on its authorization for passage and appeared to criticize Oman's new shipping route.…

The Economic Times

Iran seeks long-term role in managing Strait of Hormuz, eyes billions in annual fees

Iran is proposing new charges for security and services in the Strait of Hormuz, aiming to generate significant revenue and reshape its management post-conflict. Tehran is seeking regional backing, drawing parallels to Turkey's Dardanelles model. However, the US vehemently opposes this, asserting no nation can charge for international waterways. While…

The Economic Times

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Strait of Hormuz traffic sees sharp uptick but not back to normal

Strait of Hormuz traffic has increased sharply, but remains at roughly half its peacetime level, officials said on Thursday as stranded sailors made their way out of the waterway. Tehran warned on Thursday against any crossings of the Strait of Hormuz without its authorisation, saying vessels not complying "will be…

The Economic Times

Seattle prepares for unlikely matchup as its World Cup Pride celebration: Egypt v Iran

Seattle’s World Cup committee is pushing forward with Pride Match celebrations this week despite backlash from the two teams involved on the field

The Guardian - US

World Cup 2026: More MENA countries competing than ever before

More Middle East and North Africa (MENA) countries are competing in the 2026 World Cup than at any previous tournament, much to the delight of fans from Morocco to Jordan. But as always with sports, politics is never far from the pitch. Iran, of course, springs to mind. Never before…

France 24

NATO chief Rutte defends allies as Trump says he was 'let down' on Iran

Rutte pushed back gently against Trump's latest NATO complaints, saying, “I know there have been isolated cases about which you are really disappointed, but generally speaking, your European allies have been there with you."

Euronews

Iran Threatens Ships Seeking To Cross Hormuz Strait Without Its Approval: 'Dangerous'

The Iranian revolutionary guard threatened ships seeking to transit through the Strait of Hormuz without coordination with its officials.

International Business Times

The flaws at the heart of Donald Trump’s Iran ceasefire deal

The world sighed in relief when Donald Trump agreed to a memorandum of understanding (MoU) to finally end the conflict with Iran on June 17. But there is now a palpable feeling that hostilities are far from over. The agreement between Washington and Tehran, signed at Versailles on June 18,…

The Conversation

The Iran war is accelerating the EV transition faster than any climate policy ever did—but it's still just not that much

Goldman Sachs put a percentage on the EV adoption "surge" after the Iran War: 3.4%.

Fortune

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The Independent UK

Wounded soldiers accuse Pentagon of downplaying injuries after deadly Iran drone attack

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The Guardian - US

Senate Republicans reject Iran war powers measure after Trump pressure

Late-night vote came hours after US president berated GOP senators over opposition to the conflict

The Conversation

Why a development project linked to Donald Trump’s son-in-law has rocked Albania

Thousands of Albanians have been taking to the streets of their capital, Tirana, for over three weeks now to oppose a luxury coastal resort project backed by Jared Kushner, the son‑in‑law of the US president, Donald Trump. The €4 billion (£3.5 billion) development will be constructed on southern Albania’s unspoiled…

International Business Times UK

US Burned Through Up to 80% of THAAD Missiles in Iran War: Now the Pentagon Is Spending $35B to Restock

The Pentagon's $35B contract with Lockheed Martin aims to replenish THAAD missiles after heavy use in Iran, underscoring the importance of missile defense.

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International Business Times

Iraq Reportedly Considering Leaving OPEC If Quotas Are Not Raised After Iran War

Iraq is considering leaving OPEC if production quotas are not raised, according to a new report.

The Economic Times

Oil falls to pre-war levels, no change in petrol and diesel prices in India

Global crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barrel and US crude below USD 70, effectively reversing the earlier geopolitical risk premium. Despite the global correction, petrol and diesel prices in India have not yet…

The Economic Times

Crude shipments through Hormuz at highest since war amid concerns over Iran exit demands

Crude shipments through the Strait of Hormuz have surged following a ceasefire deal, reaching their highest levels since the conflict began. While demand, particularly in Asia, is driving this increase, overall traffic remains a fraction of pre-war levels. Concerns persist about the waterway's long-term stability, even as a UN evacuation…

The Conversation

The danger of US-Iran ceasefire agreement is what it leaves out

The latest U.S. military conflict with Iran appears to be over.

The Economic Times

India, Iran revive energy dialogue as ministers meet on BRICS sidelines

India and Iran are exploring new avenues for energy sector collaboration, as announced by Union Minister Hardeep Singh Puri following a meeting with his Iranian counterpart on the sidelines of the BRICS Energy Ministers’ Meeting. This engagement highlights India's ongoing commitment to bolstering its energy security through strategic partnerships with…

The Economic Times

Oil falls to pre-war levels on rising Middle East supply

Oil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of Hormuz are nearing normalcy, boosting confidence despite ongoing demining efforts. Meanwhile, Iraq is contemplating leaving OPEC due to quota concerns, and Ukraine has targeted Russian oil facilities. These developments…

The Independent UK

Soldiers wounded during the Iran war accuse Pentagon of downplaying their injuries

Troops hurt in Iranian drone strike on military base in Kuwait accuse Army of misrepresenting the facts of the situation to their families, which officials deny

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