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The Latest Breaking News from Iran

S&P Futures Muted as Fresh U.S.-Iran Hostilities Lift Oil and Bond Yields, ADP Jobs Report and Broadcom Earnings on Tap

June S&P 500 E-Mini futures (ESM26) are trending down -0.05% this morning as oil prices and bond yields climbed after the U.S. and Iran exchanged heavy fire in the Persian Gulf.

Barchart

Iran military releases dramatic missile launch video as Kuwait and Bahrain targeted

Iran's military has released a video it says shows missiles and drones being launched on Wednesday (3 June) in a new exchange of fire amid US talks.

The Independent UK

Trump says Iran agreed not to pursue nuclear weapon; Ayatollah giving approval in talks

US President Donald Trump stated Iran has agreed to halt its pursuit of nuclear weapons. He also revealed that Iran's supreme leader is participating in ongoing negotiations with the US. These discussions aim to prevent nuclear escalation and stabilize the Middle East. Trump expressed concern over regional tensions.

The Economic Times

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US and Israel bombed Iran to control its arsenal, but warnings say it can be ‘a strategic failure’

A vast difference between the damage caused and the speed of recovery.

We Got This Covered

Iranian drone attack on Kuwait Airport leaves one dead and 63 injured

IN FULL

The Independent UK

FIFA 2026: Iran to play World Cup warm-up behind closed doors, head to Mexico on Saturday

FIFA 2026: Iran's football team is set for its final World Cup warm-up match in Turkey. The squad will then depart for their tournament base in Mexico. Their participation in the World Cup has been a concern due to recent events. The team will play their matches in Mexico and…

The Economic Times

Far-right praise for shah’s secret police puts Reza Pahlavi on the spot

Son of deposed shah forced to distance himself from the once-dreaded Savak as some of his supporters glorify it

The Guardian - US

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Drone race: How Ukraine's defence tech redefined Russia's war

In its most recent attacks against Ukraine, Russia hit the cities with dozens of ballistic missiles, knowing very well that this is one of the very few weapons Ukraine remains vulnerable to. As for the drones — this is where Kyiv mastered both defensive and offensive know-how.

Euronews

Fire burns in Kuwait after Iran launches drone and missile attack

Iran carried out a drone strike on a passenger terminal at Kuwait International Airport early Wednesday (3 June), wounding several people and forcing the suspension of air traffic, Kuwait's state news agency reported.

The Independent UK

Iranian drone attack causes heavy damage to Kuwait airport as US and Iran trade strikes

Kuwait suspended commercial flights after drones heavily damaged its international airport, hours after Iran fired missiles at Kuwait and Bahrain and the US struck an Iranian military facility on Qeshm Island. Iran's IRGC said it had targeted the US Navy's 5th Fleet headquarters in Bahrain.

Euronews

Hostilities flare in Iran war with talks at a stalemate

An Iranian drone attack has closed Kuwait's airport and the US has launched strikes near the Strait of Hormuz as talks to end the war remain at an impasse.

AAP

Hostilities flare in Iran war, oil jumps with talks at a stalemate

CAIRO/WASHINGTON - Gulf hostilities flared again on Wednesday, with an Iranian missile attack damaging Kuwait's airport and the U.S. military carrying out strikes near ‌the Strait of Hormuz, as diplomacy between Washington and Tehran showed little progress.

Bangkok Post

Kuwait Airport closed after Iran drone attack

IN FULL

The Independent UK

OECD predicts spate of recessions globally if Iran conflict drags into 2027

Policy forum lays out ‘prolonged disruption’ scenario in which world’s GDP falls to 2.1% this year from 3.4% in 2025

The Guardian - UK

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The Guardian - UK

Rural UK ‘particularly at risk’ of diesel shortages if Iran war continues

OECD forecast sets out economic risks from conflict, pointing to potential shortfalls to key energy products

The Economic Times

Kuwait partially resumes flights after Iranian attack on airport injures several

Kuwait has halted all commercial flights following a drone attack on its international airport. Several people were injured in the incident. The attack occurred after Iran and the United States exchanged missile strikes. The US military stated it targeted an Iranian military facility in response to missiles fired at Kuwait…

The Guardian - UK

‘They beat me until I lost consciousness’: growing reports of brutal arrests, torture and deaths in Iran’s prisons

Testimonies from political prisoners and journalists arrested in crackdowns since the war have started to emerge as regime’s internet blackout lifts

AAP

AAP Rolling News Bulletin June 3, 1500

AAP Rolling News Bulletin for June 3 at 1500

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The Times of India

Video shows moment Hellfire missile cripples tanker bound for Iran's Kharg Island

The United States military disabled the Botswana-flagged oil tanker M/T Lexie in international waters after the vessel allegedly ignored repeated warnings and continued sailing towards Iran's Kharg Island, the US central command said. It also released the video from when a US aircraft struck the ship.

Euronews

US and Iran exchange new strikes as ceasefire talks falter over Israel's military actions in Lebanon

Iran fired missiles toward Kuwait and Bahrain but failed to hit their targets, with two of those fired at Kuwait falling apart en route, while those aimed at Bahrain were intercepted, the US Central Command said.

The Economic Times

US sanctions Iran's largest crypto exchange over IRGC links

America has imposed sanctions on Iran's largest cryptocurrency exchange, Nobitex. The US accuses the exchange of helping Iran's government and state institutions bypass Western sanctions.

AAP

AAP Rolling News Bulletin June 3, 1430

AAP Rolling News Bulletin for June 3 at 1430

The Independent UK

Iran-US war latest: Israel and Lebanon agree ceasefire as US House votes to limit Trump’s war powers

Representatives from Israel and Lebanon will reconvene in the week of June 22

The Guardian - UK

‘The CGI would have cost millions. I spent $2,000.’ Is Dreams of Violets AI slop – or the future of film-making?

It should have taken years, but Ash Koosha made a drama about Iran’s anti-government protests in weeks – and now it’s the first AI-made movie to screen at a major film festival. It could transform indie film-making, claims the director

The Economic Times

Sensex tumbles over 1,100 points, Nifty below 23,200. 6 key factors behind today's D-Street rout

Indian stock markets experienced a significant downturn on Monday, with benchmark indices Sensex and Nifty falling over 1% each. Rising Iran-US tensions, persistent FII selling, and a surge in oil prices contributed to a broad-based selloff, wiping out over Rs 3 lakh crore from market capitalization. IT stocks also saw…

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