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The Latest Breaking News from the Iran war

India’s youngest airline adds flights while Iran war crimps rivals

India's youngest airline, Akasa Air, is emerging as a significant competitor, expanding capacity by 13.2% while major carriers like IndiGo and Air India reduced flights. This growth occurs amid disruptions from the Iran war, which has increased fuel costs and impacted international routes for established airlines.

The Economic Times

Oil crisis: World is set to run out of fuel in July? Here's what International ⁠Energy Agency is saying

Brent oil futures were trading around $108 per barrel on Thursday, off their wartime highs of $126 per barrel, but still significantly above the $70 per barrel they were trading at before the Iran war began.

The Economic Times

UK offers cheaper chocolate and tickets to the zoo in bid to ease cost of living squeeze

The British government is offering cheaper chocolate and discounted theme park entry to ease the cost-of-living squeeze triggered by the Iran war

AAP

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'Am I out?' Drought and rising costs from Iran war deepen pain for US farmers

American farmers in Texas, Kansas, Oklahoma, South Dakota, and Nebraska face immense challenges. Rising fuel and fertilizer prices, linked to the Iran war, are compounding the effects of a severe drought. This situation is leading to smaller harvests and financial strain for many agricultural producers across the Plains states.

The Economic Times

Video and satellite photos show Iran war oil spill on Persian Gulf island

A mysterious attack on an Iranian oil refinery during the Iran war caused an oil spill that affected a nearby Persian Gulf island that’s a protected breeding ground for wildlife

The Independent UK

UK unemployment rate rises as pressures from Iran war hits job market

THE UK unemployment rate has risen in the three months to March as the pressure stemming from the Iran war begins to show in economic reports

The National (Scotland)

FED:Aged care price cap reform latest casualty of Iran war

Older Australians will have to wait longer for price limits on home care services as the government cites rising costs and volatility caused by the Iran war.

AAP

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Asian shares trade mixed and Kospi falls nearly 4% as oil prices keep swinging

Asian shares are mostly lower as uncertainty about what will happen with the Iran war roils global markets

The Independent UK

EU To Downgrade Growth Forecast Due To 'Stagflationary Shock' From Iran War

The European Union will cut its growth forecast as a result of the "stagflationary shock" from the Iran war, its economy commissioner said.

International Business Times

Rupee hits record low of 96.18 vs USD as rising yields add to oil shock

The Indian rupee hit a new all-time low against the dollar on Monday, plummeting to 96.18. Soaring global bond yields, fueled by elevated energy prices from the Iran war, have weakened investor confidence. This marks the rupee's fifth consecutive session of record lows, making it Asia's worst-performing currency this year.

The Economic Times

Eric Spracklen Slams Donald Trump: 'Disgusting Betrayal' Rocks MAGA Base

Spracklen has denounced Donald Trump's handling of the Iran war as a 'disgusting betrayal' after the president admitted he does not think about Americans' finances when negotiating with Tehran.

International Business Times UK

Why a growing number of Trump supporters are experiencing voter’s remorse

In recent months, some prominent conservatives and erstwhile allies of President Donald Trump – former U.S. Rep. Marjorie Taylor Greene and journalist Megyn Kelly, for example – have voiced their displeasure with him on several issues. They range from Trump’s handling of the Iran war and the economy to the…

The Conversation

UAE Publicly Contradicts Netanyahu After Israel Claims Secret Wartime Meeting

The United Arab Emirates publicly denied reports that Benjamin Netanyahu secretly visited the country during the Iran war, directly contradicting a statement released hours earlier by the Israeli prime minister's office.

Latin Times

War, drones, and the energy reckoning: How the Iran war is reshaping tech investment

The Iran war is turning autonomous systems and energy resilience into key investment themes.

TechRadar

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Axios

The energy squeeze behind the Iran war and AI boom

It's suddenly the world's biggest constraint, thanks to oil shocks and AI's global race for electricity.

The Independent UK

UK economy records strongest quarterly growth in a year as GDP increases by 0.6%

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The Guardian - UK

Benjamin Netanyahu says he made secret trip to UAE at height of Iran war

Emirates’ foreign ministry rejects claims that Netanyahu visited country, describing them as ‘baseless’

International Business Times UK

Donald Trump Arrives In Beijing For First Time In Nearly A Decade To Hold Critical War, Trade Talks With Xi Jinping

U.S. President Donald Trump arrived in Beijing for a summit with Xi Jinping, where trade, tariffs, Taiwan, and the Iran war are key topics amid divided Chinese public opinion.

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The Independent UK

The £6bn bond yields drama unfolding behind the headlines

UK 10-year gilts have risen by more than those issued by other advanced economies since the start of the Iran war

The Independent UK

Price shocks from the Iran war power solar sales in energy-hungry Asia

Panicked consumers in hard-hit Asia are turning to rooftop solar power as costs climb due to the Iran war

The Independent UK

US ambassador to Israel says Israel sent Iron Dome batteries, personnel to UAE to defend country

Israel has sent Iron Dome anti-missile batteries and personnel to the United Arab Emirates to defend the country during the Iran war

Reason

How Much Has the Iran War Actually Cost? A Lot More Than $25 Billion.

Direct military costs have exceeded $70 billion by one estimate, and Americans have paid more than $37 billion in higher energy costs since the war began.

The Independent UK

Alarmed ASEAN leaders discuss crisis plan to mitigate backlash from Middle East war

Southeast Asian leaders are meeting under pressure to mitigate the impact on their people and economies of the Iran war, which one top minister says, “should not have occurred in the first place.”

The Conversation

Iran war has become a lesson in how power really works

For months, the Iran war was framed through the language of military success. This was shaped in part by longstanding orientalist assumptions reflected in the rhetoric of leaders such as Donald Trump and Benjamin Netanyahu about the relative weakness and fragility of states such as Iran.

The Independent UK

West Point military competition tests future soldiers, in photos

Amid the Iran war, tensions with European allies in NATO and the Russia-Ukraine war, the United States Military Academy held its 59th Sandhurst Military Skills Competition. Across 36 hours, a mix of international and U.S. military cadet teams competed in a variety of skill-based competitions, based on the needs of…

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