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The Latest Breaking News from Iran

Brics+ could shape a new world order, but it lacks shared values and a unified identity

The last two summits of Brics countries have raised questions about the coalition’s identity and purpose. This began to come into focus at the summit hosted by South Africa in 2023, and more acutely at the recent 2024 summit in Kazan, Russia.

The Conversation

Berlin summons Iran ambassador over execution of German-Iranian

Daughter of Jamshid Sharmahd says family let down by US and German governments’ failure to save him

The Guardian - UK

Iran Moves To Triple Military Budget Amid Israel Tensions

Iran's government has proposed tripling its military spending, an official said Tuesday, as tensions with arch-rival Israel rise following recent tit-for-tat missile strikes.

International Business Times

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Hezbollah cleric Naim Kassem picked to lead the Lebanese militant group

Hezbollah says it has chosen cleric Naim Kassem to lead the Lebanese militant group after the killing of its longtime leader Hassan Nasrallah in an Israeli airstrike on a Beirut suburb in late September

The Independent UK

Satellite photos show Israeli strike likely hit important Iran Revolutionary Guard missile base

Israel’s attack on Iran likely damaged a base run by the paramilitary Revolutionary Guard that builds ballistic missiles and launches rockets as part of its own space program

The Independent UK

Iran plans to increase military budget by 200 percent

Defence spending boost needs parliament nod, comes as Iran and Israel exchanged tit-for-tat missile strikes in October.

Al Jazeera

Iran's Minority Groups Unite Against Oppressive Regime

Analysis of Iran's escalating tensions, minority groups' discontent, and potential regime change.

Top News

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Iran Executes Iranian-German Prisoner Jamshid Sharmahd On Terror Charges

Iran's execution of Jamshid Sharmahd on disputed terror charges sparks international condemnation. Amnesty International criticizes the trial as grossly un...

Top News

Israeli Strike Kills Dozens In Gaza Shelter

Escalating Israeli-Palestinian conflict with tragic casualties, international reactions, and UNRWA impact.

Top News

Germany Protests Iran Over Execution Of Iranian-German Prisoner

Germany protests Iran's execution of Iranian-German dissident, sparking international outrage and tensions.

Top News

Iran To Increase Military Budget By 200%

Iran plans a 200% increase in military budget due to rising tensions with Israel and regional security concerns.

Top News

Germany recalls ambassador from Iran as it protests the execution of an Iranian German prisoner

Germany has protested to Iran over the execution of Iranian German prisoner Jamshid Sharmahd, who lived in the U.S. and was kidnapped in Dubai in 2020 by Iranian security forces

The Independent UK

Middle East crisis: US concerned by ‘horrifying’ Israeli airstrike that killed at least 93 civilians, including 20 children, in Gaza – as it happened

US spokesperson says officials are asking Israel what happened, expressing ‘deep concern’ over loss of civilian lives

The Guardian - US

Outrage As Iran Executes German-Iranian Jamshid Sharmahd

Iran on Monday executed 69-year-old German-Iranian Jamshid Sharmahd after years in captivity, media in the Islamic Republic said, sparking outrage in Germany and beyond.

International Business Times

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Top News

Global Oil Prices Fall After Israel's Measured Strike On Iran

Global oil prices drop after Israel's strike on Iranian military sites, influenced by Middle East tensions and global economic factors. Experts foresee fur...

Top News

Iran And Israel Demand UN Action Against Each Other

Recent UN Security Council meeting sees Iran and Israel in heated exchange over escalating tensions in the region.

Barchart

Dollar Little Changed on Cross Currents

The dollar index (DXY00 ) on Monday was little changed. The dollar was undercut by reduced safe-haven demand after Israel launched a limited retaliatory strike against Iran, reducing the chances for an all-out Middle East conflagration. However, the dollar saw underlying support from Monday’s +3.4 bp rise in the 10-year...

Top News

German-Iranian National Executed In Iran For Terrorism Offences

German-Iranian national executed in Iran for terrorism offenses, drawing global criticism and raising human rights concerns.

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Barchart

Oil Prices Plunge after Israel Limits Its Retaliatory Strike on Iran

December WTI crude oil (CLZ24 ) on Monday closed down -4.40 (-6.13%), and December RBOB gasoline (RBZ24 ) closed down -0.0113 (-5.46%). Crude oil prices plunged on Monday after Israel over the weekend launched a limited retaliatory strike on Iran and did not strike any of Iran's oil facilities. Iran...

Capital & Main

Drill, Baby, Drill? Former Big Oil Exec Says That’s Exactly What the Industry Doesn’t Need.

Former ConocoPhillips economist Marianne Kah on the election: Whether it's Harris or Trump, the outcome likely won't affect oil production.

The Independent UK

Oil prices fall as reality of weak global demand overtakes risk of wider war in Middle East

Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared

The Independent UK

Iran executes Iranian-German dissident Jamshid Sharmahd over terror conviction

Germany warns of ‘serious consequences’ for Tehran’s ‘inhumane regime’

Top News

Netanyahu Vows To Triumph Over Iran, Pursue More Arab Peace

Israeli PM Netanyahu emphasizes countering Iran and pursuing peace with Arab nations post-Gaza conflict.

Barchart

Oil Prices Plunge after Israel's Limited Retaliatory Strike on Iran

December WTI crude oil (CLZ24 ) today is down -4.01 (-5.59%), and December RBOB gasoline (RBZ24 ) is down -0.1015 (-4.98%). Crude oil prices are sharply lower after Israel over the weekend launched only a limited retaliatory strike on Iran and did not strike any of Iran's oil facilities. Iran...

Barchart

Dollar Sees Pressure from Reduced Middle East Risks

The dollar index (DXY00 ) today is down -0.03%. The dollar today is being undercut by reduced safe-haven demand after Israel launched a limited retaliatory strike against Iran, reducing the chances for an all-out Middle East conflagration. However, the dollar is seeing underlying support from today’s +1.6 bp rise in...

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