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The Latest Breaking News from the Iran war

Gold prices rise again as Middle East conflict and interest rate fears ease

After hitting record high prices early in 2026, gold suffered a surprise sharp dip when the Iran war broke out

The Independent UK

China is balancing Asia's crude oil demand by itself

China is bearing much of Asia’s crude demand reduction as the Iran war disrupts Middle East oil shipments through the Strait of Hormuz. Its July imports rose from June’s near-decade low but remained 24.3% below last year. Lower imports, supported by large stockpiles, are helping balance tighter regional supplies.

The Economic Times

Trump ready to end Iran war without nuclear deal; Tehran's demands complicate exit: Report

US President Donald Trump has reportedly signalled to senior aides that he is willing to end the Iran war without securing a nuclear deal with Tehran. But Iran's new demands for reopening the Strait of Hormuz have complicated the US president's efforts to find an exit from the conflict, Wall…

The Times of India

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Anthony Scaramucci Says Trump Administration 'Keeps Lying' About End of the Iran War: 'We Really Don’t Know What He’s Doing'

The former White House communications director Anthony Scaramucci accused President Donald Trump of repeatedly declaring victory over Iran while failing to explain ongoing tensions in the region and the administration’s broader strategy.

Benzinga

The Iran war already has a winner: The world’s largest shipbroker notching record earnings from the 'exceptional volatility' in the Strait of Hormuz

Geopolitical chaos “actually increases the importance of such firms because people are getting a bit more desperate,” one maritime trade expert told Fortune.

Fortune

CNN SSRS Poll: Trump's approval ratings crash to one of the lowest in his political journey, why?

CNN SSRS Poll: President Trump's approval rating has fallen to a career low of thirty-four percent. Americans are increasingly dissatisfied with his handling of the Iran war and economic issues. A record seventy-three percent believe he ignores the nation's most important problems. His approval among Republicans has also weakened significantly,…

The Economic Times

'Do the Math Yourself': Analyst Accuses Donald Trump Family of Profiteering Off Iran War

Business analyst Ed Elson accuses President Trump and his family of profiting from the Iran war through drone investments and cryptocurrency ventures.

International Business Times UK

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A new threat by Yemen's Houthis could widen the Iran war and put another trade chokepoint at risk

Yemen’s Houthi rebels have declared a blockade on Saudi Arabia, potentially widening the Iran war and further disrupting global trade

The Independent UK

The Iran War Is Back, Sort Of

The U.S.-Iranian peace memorandum has broken down, and violence is slowly ramping back up to a full-on war. Four Americans paid the price this weekend.

Reason

Nigerian children pay the price for the Iran war as malnutrition and poverty surge

Health workers in northern Nigeria say more children are relapsing into malnutrition and cite knock-on effects from the war in the Middle East

The Independent UK

U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

“The Middle East conflict is really driving more inflation…so we are going to use the majority of the tariff refund to offset these higher costs,” the McCormick & Company CFO said.

Fortune

The world's most profitable airlines: Record earnings collide with the Iran war

The nine most profitable airlines on the planet earned a combined $25.11 billion (€22bn) in their latest annual results, with Emirates keeping its crown. However, the numbers largely reflect an industry snapshot moments before the Iran war changed everything.

Euronews

‘Super’ El Niño could cause global food price shock lasting into 2028, analysts say

Weather cycle threatens harvests worldwide, adding to inflation already fuelled by the Iran war

The Guardian - UK

One Million More UK Homeowners Face £45 Monthly Payment Hike Amid Rising Bills

The Bank of England says a million more UK homeowners face higher mortgage bills by 2028, with a typical £45 monthly rise blamed on the Iran war.

International Business Times UK

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Fortune

'You can expect prices to be high and stay high': Domestic airfare is skyrocketing faster than international flight costs, despite using less jet fuel

Jet fuel costs doubled over the course of the Iran war, but other factors are behind the rising domestic travel costs.

The Economic Times

India plans to cut reliance on Middle East oil, tap spot market after war shock

India's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost spot market purchases and forge deals with trading houses for diversified sourcing. This strategic shift aims to secure energy supplies and mitigate losses, with new avenues opening from Guyana,…

The Conversation

Israel’s ‘campaign between the wars’: How strategy to contain Iran and its allies risks further straining ties with US

A lot hangs on whether the United States can compel Israel to cease operations against Hezbollah in Lebanon. After all, an end to the Israeli military offensive was a key provision of the broad U.S.-Iran agreement setting out a road map to end the Iran war.

Reason

Why Did Congress Vote To End the Iran War After It Finished?

Democrats and Republicans alike dragged out the process to vote on the Iran war. Antiwar advocates say their vote still matters.

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MarketBeat

EVs Are Big Winners of the Iran War—Just Not American Ones

The Iran war's oil shock highlights a global energy divide: Record U.S. oil production insulates domestic markets while global EV adoption rapidly accelerates.

International Business Times

Goldman Sachs Flags Three Major Threats To Southeast Asia's Food Supply

Food supply pressures in Southeast Asia are drawing renewed attention as higher energy prices linked to the Iran war, rising fertilizer costs and concerns surrounding El Niño add strain to agricultural markets across the region.

The Economic Times

Iran war triggers global race to build oil reserves

Vulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push for reserves could add half a billion barrels of demand. Countries like India and Pakistan are prioritizing stockpiles, learning from China's successful strategy of reducing imports during supply…

The Times of India

'She wants to be friends again': Trump repeats Meloni asked for photo 'over and over' at G7

Trump, apparently miffed by being given a cold shoulder by European allies during the Iran war, said Meloni's popularity has taken a dip ever since she refused the US access to Italy's landing strips or runways, which caused "a great logistical inconvenience" to American operations. The remarks came after Meloni…

International Business Times UK

Donald Trump Shock: New Poll Finds 59% Of Americans View POTUS As A 'Dangerous Dictator'

A new PRRI poll finds 59% of Americans now view President Donald Trump as a 'dangerous dictator' whose power must be limited, reflecting deep concern over his handling of the Iran war and presidential authority.

The Economic Times

Pentagon tells US lawmakers it needs $80 billion for Iran war and other bills, WSJ reports

The US Defense Department requires eighty billion dollars to cover expenses from the Iran war and other non-war related bills. A larger funding request, including aid for farms and disaster relief, is expected soon. The Iran war has already cost approximately twenty-five billion dollars.

The Economic Times

Inside the chaotic Iran talks that let Trump claim victory, but not yet peace

President Trump announced the end of the Iran War and the reopening of the Strait of Hormuz, following intense Qatari mediation. Despite Israeli airstrikes threatening the talks, a framework deal was reached, promising Iran sanctions relief and financial aid in exchange for nuclear commitments. Trump later signed the agreement in…

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