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The Latest Breaking News from Iran

Tipping point? The scramble to contain global energy crisis

It's easy to lecture world leaders about how fuel subsidies ruin the environment and bleed state coffers dry, but try telling that to beleaguered Bolivians and cornered Kenyans, two of the many nations where the energy crisis has reached breaking point with citizens unable to keep up with prices at…

France 24

AAP Rolling News Bulletin May 22, 0600

AAP Rolling News Bulletin for May 22 at 0600

AAP

Dollar Supported by Middle East Uncertainty

The dollar index (DXY00 ) rallied to a 6-week high on Thursday and finished up by +0.13%. Doubts over a US-Iran peace deal that would reopen the Strait of Hormuz boosted safe-haven demand for the dollar today after Reuters reported that Iran's Supreme Leader said enriched uranium must stay in...

Barchart

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We'll probably destroy it after we get it: Trump redraws red line on Iran's nukes

Supreme Leader Ayatollah Mojtaba Khamenei has, however, issued a directive that the uranium should not be sent abroad, two senior Iranian sources told Reuters before Trump's comments. Trump also railed against Tehran's intentions to charge fees for use of the Strait of Hormuz off its coast, where a fifth of…

The Economic Times

Crude Oil Prices Tumble on Hopes for Iran Peace Progress

July WTI crude oil (CLN26 ) on Thursday closed down -1.91 (-1.94%), and July RBOB gasoline (RBN26 ) closed down -0.1073 (-3.17%). Crude oil and gasoline prices erased an early rally on Thursday and settled sharply lower, with gasoline falling to a 2-week low. Crude prices tumbled on hopes that...

Barchart

Tucker Carlson says Donald Trump has diminished American power in ways even his former allies call ‘unimaginable’

The feud continues.

We Got This Covered

AAP Rolling News Bulletin May 22, 0530

AAP Rolling News Bulletin for May 22 at 0530

AAP

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The Hajj pilgrimage warning that led to Trump aborting fresh Iran attacks

IN FULL

The Independent UK

AAP Rolling News Bulletin May 22, 0500

AAP Rolling News Bulletin for May 22 at 0500

AAP

US, Iran locked on key issues but 'good signs' emerge

US Secretary of State Marco Rubio has expressed cautious optimism about diplomatic efforts to end the war with Iran, saying there are signs of progress.

AAP

A fluid global geostrategic chessboard

More geostrategic roads are undeniably leading to Beijing. Russian President Vladimir Putin's visit to the Chinese capital this week and his summit meeting with President Xi Jinping should be viewed both in conjunction with and in contrast to American President Donald Trump's similar outing less than a week earlier.

Bangkok Post

Most Americans Don't Believe Trump Has a Plan To End The War In Iran, Poll Shows

A new poll shows that most Americans don't believe that President Trump has a plan for the Iran war or that he will achieve his goals.

International Business Times

Iran war wrap-up: How the conflict escalated, spread and where it stands

The Iran war has evolved from a direct military confrontation into a wider regional and economic crisis, with diplomacy and military brinkmanship now unfolding in parallel.

The Times of India

Not seen or heard for two months: Where is Iran's Supreme leader Mojtaba Khamenei?

Two months after taking over as Iran’s supreme leader following the death of his father, Mojtaba Khamenei has still not appeared publicly — triggering growing speculation over his health, whereabouts and grip on power during one of the most volatile periods in the country’s recent history.

The Times of India

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The Guardian - UK

Oil markets nearing ‘red zone’ as Iran crisis continues, warns IEA chief

Surging demand, low reserves and reduced Middle East exports predicted to cause global crunch by August

The Independent UK

Trump cancelled Iran strikes after Saudi Arabia issued Hajj pilgrimage warning: report

Trump was told that strikes during the holy pilgrimage would cause serious ‘reputational damage’, it is claimed

AAP

Wall St ends slightly higher as investors watch Iran

US stocks have closed higher as investors digested a batch of ‌corporate earnings and economic data.

The Economic Times

OPEC+ leaders expected to up July oil output target despite Hormuz disruption, sources say

Seven key OPEC+ oil nations are poised to increase July output by approximately 188,000 barrels per day. This decision comes as the group meets on June 7. Despite ongoing disruptions from the Iran war, OPEC+ has been raising its monthly targets since April. The United Arab Emirates' recent departure from…

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news in one place.

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International Business Times

Iran War Pushes Europe Toward Stagflation as Prices Rise And Growth Remains Subdued

The conflict in the Middle East is worsening Europe's energy shock, hitting businesses, consumers, and policymakers at the same time, according to a new report.

France 24

Iran war squeezes Europe’s economy as growth slumps, prices surge

Europe’s economy is slowing sharply as the Iran war drives up energy costs, deepening pressure on households and challenging policy makers. Fresh data for May showed euro zone business activity contracted at its fastest pace in more than two years while inflation pressures intensified, raising fears of a prolonged cost-of-living…

Barchart

Crude Oil Prices Jump on Doubts the Strait of Hormuz Will Reopen

July WTI crude oil (CLN26 ) today is up +3.14 (+3.20%), and July RBOB gasoline (RBN26 ) is up +0.0321 (+0.95%). Crude oil and gasoline prices are moving sharply higher today as the standoff between the US and Iran is fueling concerns that a prolonged closure of the Strait of...

The Independent UK

Iran rebuilt military capacity faster than expected during ceasefire, says US intelligence

US officials said that Iran was rapidly rebuilding its drone capacity as peace efforts stall

International Business Times

Iranian Supreme Leader Reportedly Issues Directive To Keep Enriched Uranium In The Country

Iranian Supreme Leader Mojtaba Khamenei has reportedly issued a directive saying that the country's enriched uranium must remain in the country, casting doubt on whether a deal with the U.S. can be reached.

Roll Call

Trump could face foreign policy squeeze in Senate after primary ruckus

New questions have emerged about whether President Donald Trump has lost sway with some Republican senators as they mull action related to a number of thorny foreign policy matters after they have clashed with Trump over the Iran war, the White House ballroom and his targeting of respected incumbents. Trump’s…

Barchart

Dollar Gains as Crude Rallies and Stocks Fall

The dollar index (DXY00 ) rallied to a 6-week high today and is up by +0.31%. Doubts over a US-Iran peace deal that would reopen the Strait of Hormuz are boosting safe-haven demand for the dollar today after Reuters reported that Iran's Supreme Leader said enriched uranium must stay in...

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