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The Latest Breaking News from Iran

Iran-US war latest: Trump administration reportedly preparing for fresh round of military strikes

Tehran says the gap in position with Washington has narrowed - but the Strait of Hormuz remains a sticking point

The Independent UK

EU moves to widen sanctions on Iran over its Hormuz Strait blockade

The European Council on Friday said that it would move towards imposing sanctions on Iranian officials responsible for curtailing freedom of navigation in the Strait of Hormuz. Deeming the blockade "contrary to international law", EU countries took technical measures enabling them to extend the scope of existing sanctions and target…

France 24

US pauses $14 billion Taiwan arms sale to preserve munitions stockpiles for Iran conflict

The United States has halted a significant arms sale to Taiwan. This pause is due to concerns about maintaining sufficient munitions for a US military operation. Officials state the sale will resume when deemed necessary. The decision comes amid discussions about US weapons stockpiles and Taiwan's defense needs.

The Economic Times

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AAP Rolling News Bulletin May 22, 1300

AAP Rolling News Bulletin for May 22 at 1300

AAP

NATO ministers seek clarity after Trump’s ‘confusing’ about-face on US troops in Europe

US Secretary of State Marco Rubio embarked on his latest mission to a gathering of European foreign ministers in Sweden on Friday to assuage nervous US allies in Europe about the Trump administration’s intentions with NATO and uncertainty about an American troop draw down.

France 24

US pins hopes on mediator Pakistan in push to end Iran war

US Secretary of State Marco Rubio voiced hope of progress on ending the war with Iran, as he looked to Pakistani mediators to help advance efforts to strike an agreement. Beijing did however, announce that Pakistan Prime Minister Shehbaz Sharif will travel on Saturday to China, which has also been…

The Economic Times

'If I do attend, I get killed': Donald Trump says he 'has a thing called Iran' stopping him from attending son's wedding

Amid escalating Iran tensions, President Trump expressed uncertainty about attending his son Donald Trump Jr.'s wedding this weekend in the Bahamas. He joked about facing criticism from the "fake news" regardless of his attendance, citing security concerns and the difficult timing due to international developments.

The Times of India

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FED:Aussie shares up despite mixed signals from Iran talks

Strong mining stocks are leading the ASX higher, as ongoing Middle East peace talks buoy investor sentiment and temper fears for the global economy.

AAP

Australian shares end volatile week on positive note

Late rebounds in banks and miners have helped the ASX edge higher despite looming worries about energy prices and global inflation.

AAP

AAP Rolling News Bulletin May 22, 1230

AAP Rolling News Bulletin for May 22 at 1230

AAP

Oil Price Today (May 22): Crude oil snaps 3-day fall amid mixed signals on Iran war peace talks. What are experts saying?

Oil prices saw an increase on Friday. Investors are watching Iran peace talks closely. Conflicting reports are creating uncertainty. Concerns about oil supply persist. The Strait of Hormuz remains a critical point. Disruptions could impact global markets. Developing economies may face significant challenges. The situation remains dynamic.

The Economic Times

Dollar perched near six-week high on uncertainty over US-Iran deal

The dollar held near a six-week high on Friday, buoyed by hopes of U.S.-Iran peace deal progress and strong U.S. economic data. Despite mixed signals from talks, investors favored the dollar, while the yen weakened significantly due to high oil prices and concerns over intervention. Emerging Asian currencies also faced…

The Economic Times

Oil prices gain as investors doubt breakthrough in US-Iran peace talks

Oil prices saw a rise on Friday amid doubts about U.S.-Iran peace talks. Investors are concerned about Middle East instability and potential supply disruptions. Despite some narrowing of gaps, a deal remains elusive. Oil futures experienced an increase. The market is still set for a weekly decline. Full oil flows…

The Economic Times

AAP Rolling News Bulletin May 22, 1200

AAP Rolling News Bulletin for May 22 at 1200

AAP

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The Economic Times

Iran has destroyed roughly $1 billion worth of US Reaper drones

Iran has destroyed at least 24 MQ-9 Reaper drones operated by the US since the war began, with total losses possibly reaching 30, according to a person familiar with the matter. The losses, worth nearly $1 billion, account for about 20% of the Pentagon’s prewar inventory of the drones.

The Economic Times

Iran nimbler at rebuilding drones, missile capabilities than US expected: Report

US intelligence indicates Iran is rapidly rebuilding its drone production capabilities, exceeding anticipated timelines. This swift reconstitution of military assets, supported by Russia and China, suggests Iran remains a persistent regional threat, contradicting US claims of decimated capabilities. The rebuilding efforts are partly attributed to the perceived limited damage inflicted…

AAP

AAP Rolling News Bulletin May 22, 1130

AAP Rolling News Bulletin for May 22 at 1130

The Guardian - AU

Trump pledges an additional 5,000 troops for Poland in apparent u-turn

The US president’s announcement comes a day before Nato foreign ministers are due to meet, with Marco Rubio criticising the alliance’s failure to help with Iran

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The Independent UK

House Democrats blast Republicans for pulling vote to halt Iran War before Memorial Day: ‘It’s a disgrace’

Lawmakers claimed that GOP pulled the vote as they did not have enough votes to block the War Powers Act resolution

The Times of India

Trump claims 'total control' over Strait of Hormuz, vows to recover Iran’s enriched uranium stockpile

President Trump declared the US has "total control" of the Strait of Hormuz via a naval blockade, vowing to secure Iran's highly enriched uranium stockpile. He warned Tehran against pursuing nuclear weapons, stating the US will prevent them from acquiring the material. Despite the blockade, Trump affirmed the US desires…

AAP

AAP Rolling News Bulletin May 22, 1100

AAP Rolling News Bulletin for May 22 at 1100

The Guardian - US

House Republicans cancel vote on war powers resolution to end US war in Iran

Cancellation, which avoids embarrassment for Trump, is latest signal of diminishing congressional support for war

AAP

AAP Rolling News Bulletin May 22, 1030

AAP Rolling News Bulletin for May 22 at 1030

AAP

Trump pledges troops for Poland as Rubio warns allies

NATO allies are relieved following Donald Trump's about-face on troops for Poland but Marco Rubio warns the US president's "disappointment" with them remains.

AAP

AAP Rolling News Bulletin May 22, 1000

AAP Rolling News Bulletin for May 22 at 1000

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