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The Latest Breaking News from Iran

Last-ditch bid for peace? Pakistan army chief Asim Munir lands in Iran to convey US offer

A critical Iran-US ceasefire deadline looms with no agreement, fueling uncertainty. Pakistan is actively mediating, dispatching a high-level delegation to Tehran with a new US message and aiming for further talks. Key disputes over Iran's nuclear program and the Strait of Hormuz persist, as both nations issue mixed signals regarding…

The Times of India

Israeli settlers block Palestinian kids' path to school with tear gas and barbed wire

Palestinian schoolchildren trying to return to class this week for the first time since the Iran war started were blocked by an impromptu barbed wire fence erected overnight by Israeli settlers

The Independent UK

JD Vance warns Pope to ‘be careful when he talks about theology’ and draws heckles at low turnout TPUSA event

‘How can you say that God was never on the side of those who wield the sword?’ the Catholic vice president asked

The Independent UK

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Why the US and Israel’s alliance endures – even when it strains

Israel and the US have maintained a close alliance for decades. Their recent joint air campaign in Iran has once again underscored the depth of this partnership. Yet while the strength of their relationship is widely acknowledged, the reasons behind it remain contested.

The Conversation

US-Iran Peace Optimism Lifts Stocks

The S&P 500 Index ($SPX ) (SPY ) today is up +0.36%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.391%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.63%. June E-mini S&P futures (ESM26 ) are up +0.37%, and June E-mini Nasdaq futures...

Barchart

Trump's Illegal War in Iran Is Financed by Your Taxes. That's a Good Reason To Stop Paying Them.

If Congress will not deploy the power of the purse to restrain a lawless administration and an illegal war, then it falls to the public to do so.

Reason

U.S. Official Says Iranian Leadership Is In Disagreement Over Whether To End The War: Report

A U.S. official said there seem to be disagreements among Iranian leaders over whether to reach an agreement with the U.S. to end the war, according to a new report.

International Business Times

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Big US banks rake in near $50bn profit as Iran war shakes markets

Six lenders, including Bank of America, Morgan Stanley and JP Morgan report jump in first-quarter earnings

The Guardian - UK

US blockade of Strait of Hormuz ratchets up tensions with China ahead of Trump visit to Beijing

The Trump administration’s decision to carry out a naval blockade of the Strait of Hormuz has raised tensions in the Persian Gulf to new and more perilous levels. The move was announced by the US president, Donald Trump, after negotiations over a ceasefire with Iran broke down on April 11,…

The Conversation

Reeves steps up criticism of Trump’s war against Iran during trip to Washington

Chancellor Rachel Reeves said she was not convinced the world is safer as a result of the US-Israeli strikes against Iran.

Evening Standard

How the Iran War Could Backfire

Emma Ashford discusses Trump’s incoherent Iran strategy, the failures of post–Cold War foreign policy, and why a multipolar world limits American power.

Reason

Will Qantas and Virgin continue raising fares and cutting routes? This graph may give the answer

Price of jet fuel has climbed by 125% since start of Iran war – giving Qantas and Virgin a big challenge as fuel accounts for a fifth of expenses

The Guardian - AU

Reeves: Trump’s Iran war is a mistake and has not made the world safer

The chancellor’s comments come a day after she described the war as a ‘folly’

The Independent UK

Chevron Executive Says Americans Should 'Drive Less' And 'Conserve Energy' As Gas Prices Remain High

Chevron executive Andy Walz said Americans should "try to drive less" and "conserve energy" as gas prices remain high as a result of the war in Iran and the blockade of the Strait of Hormuz.

International Business Times

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Barchart

Dollar Little Changed Awaiting News on US-Iran Peace Talks

The dollar index (DXY00 ) today is up by +0.02%. The dollar is little changed today, awaiting fresh news on US-Iran peace talks. The dollar found some support today from hawkish comments from Cleveland Fed President Beth Hammack, who said her baseline is that the Fed is on hold for...

Euronews

Trump and Meloni: From close relations to a transatlantic crisis

The relationship between Trump and Meloni was typified by warm handshakes and even warmer words until the US leader did something considered by most Italians to be unthinkable: he criticised the pope.

We Got This Covered

‘I hope Donald Trump is the Abandoner he has always been’: Bill Maher singing a different tune after cheering Trump’s Iran strikes just 6 weeks ago

He did a 180!

International Business Times UK

Donald Trump Stuns Diplomats by Claiming Xi Jinping Will Give Him a 'Big, Fat Hug' Over Iran Deal

Donald Trump's prediction that Xi Jinping will give him a 'big, fat, hug' over his Iran and Strait of Hormuz strategy collides with Beijing's silence and its public focus on shoring up ties with Moscow.

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Axios

U.S. and Iran inch toward framework deal to end war, U.S. officials say

If a framework is reached, the ceasefire would need to be extended to negotiate the details of a comprehensive deal.

Barchart

Stocks Supported by US-Iran Peace Optimism

The S&P 500 Index ($SPX ) (SPY ) today is up +0.10%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.15%. June E-mini S&P futures (ESM26 ) are up +0.16%, and June E-mini Nasdaq futures...

The Independent UK

Pope doubles down on message of peace and unity as Trump's criticism continues

Pope Leo XIV is again emphasizing the need for peace and dialogue despite criticism from U.S. President Donald Trump

Evening Standard

Reeves warns impact of Iran war on economy will persist once hostilities end

The Chancellor and international counterparts said the conflict had caused ‘unacceptable loss of life’ and ‘significant’ economic turmoil.

Euronews

UN nuclear chief urges checks of Iran's programme in potential deal to end war

Tehran has not allowed the IAEA access to its nuclear facilities bombed by Israel and the US during a 12-day conflict in June, according to a confidential IAEA report.

The Times of India

US sends 10,000 more troops to Middle East as Iran ceasefire deadline nears- report

Over 10,000 additional US troops are deploying to the Middle East this month, including personnel aboard the USS George HW Bush and the Boxer Amphibious Ready Group. This build-up coincides with the potential end of a two-week ceasefire with Iran, as planning for ground operations, including securing enriched uranium, is…

The Conversation

China’s Africa strategy is shifting and Iran conflict will speed it up

The global geoeconomic volatility wrought by the second Donald Trump US presidency and hostilities in the Middle East make the shift in China’s Africa strategy even more important for China and for Africa.

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