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The Latest Breaking News from Iran

Asian shares mostly slip as latest fighting undermines the US-Iran ceasefire

Asian shares are mostly lower as renewed fighting threatens the U.S.-Iran ceasefire

AAP

Pakistan orders early market closures as energy costs soar amid US-Iran conflict

Islamabad has mandated early business closures, with markets shutting by 8 pm and eateries by 10 pm, to combat rising energy costs fueled by Middle East conflicts. This austerity measure, effective June 1, 2026, aims to reduce electricity consumption and ease financial strain on Pakistan, a nation heavily reliant on…

The Times of India

Markets gain and oil drops as Trump's peace signals reassure investors

Oil prices retreated around 4% from Monday’s highs as markets responded positively to US President Donald Trump’s reassuring comments that negotiations with Iran are progressing.

Euronews

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Kazakhstan open to hosting Iran's uranium stockpile if nuclear deal is reached

Kazakhstan has offered to store Iran’s near-weapons-grade uranium to break the deadlock in US–Iran talks, as IAEA chief Grossi backed the neutral plan.

Euronews

Middle East crisis: Rubio says opening the strait of Hormuz is first condition in talks with Iran – as it happened

The US secretary of state added that Iran must also commit to specific negotiations on the disposition of highly-engaged uranium.

The Guardian - UK

How Did Iran Hit 20 US Bases and Destroy Dozens of Jets? Inside the Billion-Dollar Losses

Iranian strikes on US bases in the Middle East have caused billions in damage, with satellite analysis revealing extensive destruction across multiple countries

International Business Times UK

'I'm Saving Your A**': Trump's Private Rage at Netanyahu Over Lebanon Escalation Spills Into the Open

Trump called Netanyahu 'f***ing crazy' in an explosive phone call over Israel's Lebanon strikes. Iran suspended peace talks with Washington, accusing Israel of violating the April ceasefire.

International Business Times UK

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The Iran war is pushing the global gas trade into the shadows

As the Strait of Hormuz remains under Iranian control amid the ongoing West Asia conflict, Qatar has quietly resumed some LNG exports by adopting tactics more commonly associated with the oil industry's “shadow fleet.” LNG carriers are increasingly switching off transponders, travelling in pairs, and making “dark transits” through the…

The Economic Times

Gulf states arrested over 1,000 for Iran war social media posts: Amnesty

More than 1,000 people have been arrested across Gulf states for sharing information or opinions related to the Iran-US-Israeli war, in what Amnesty International has described as a “widespread crackdown” on freedom of expression.

Radio France Internationale

Bitcoin hits 7-week low near $70K amid escalating US-Iran tensions, early $744 million liquidated in 24 hours

Bitcoin prices crashed to near the $70,000 mark, hitting a seven-week low as escalating US-Iran tensions triggered risk-off sentiment across global markets. More than $744 million in crypto positions were liquidated in 24 hours, while ETF outflows and weakening market sentiment added pressure on the world's largest cryptocurrency.

The Economic Times

Sharp rise in demand at food banks since start of Iran war, charities say

Soaring demand coupled with lower donations is creating a ‘perfect storm’ for food banks, leading charity Felix said

The Independent UK

Trump-Netanyahu split? Conflicting accounts of Israel's Lebanon operation emerge after 'heated' phone call

A dramatic public rift appeared to open between US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu on Monday. Trump announced a unilateral ceasefire between Israel and Hezbollah while Netanyahu swiftly issued a statement vowing to strike Beirut if attacks on northern Israel continue.

The Times of India

Hormuz gauntlet runner says Trump has been good for shipping

Dynacom Tankers Management founder George Procopiou stated that US President Donald Trump's policies have benefited the shipping industry.

The Economic Times

Oil rally may fuel stagflation concerns, though AI remains market's key driver: Arnab Das

Renewed Middle East tensions are driving oil prices higher, fueling inflation and economic growth concerns. Despite market optimism, significant challenges remain in resolving issues with Iran, and markets may not have fully priced in potential disruptions, particularly around the Strait of Hormuz.

The Economic Times

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The Economic Times

US Stock Market: Treasury yields rise after strong US data, geopolitical risks fuel inflation fears

US Treasury yields closed higher on Monday as stronger-than-expected manufacturing and construction data reinforced economic resilience, while uncertainty over US-Iran diplomacy and rising oil prices fueled inflation concerns. Investors reassessed Federal Reserve rate expectations amid geopolitical risks, pushing benchmark yields higher and lifting market-based inflation forecasts.

The Independent UK

Oil prices fall after Trump claims to have ended Israeli attacks on Lebanon

Brent crude slipped 0.6 per cent to $94.45 a barrel, retracing some of Monday’s gains

The Economic Times

Marco Rubio to testify before Congress for the first time since the start of the Iran war

Secretary of State Marco Rubio faces congressional scrutiny over the Trump administration's Iran war efforts and shifting diplomatic goals. He will also address escalating tensions with Cuba, a nation he views as a national security threat due to its ties with U.S. adversaries.

The Economic Times

Silver, gold open flat as investors assess Iran war peace deal uncertainty. Where are precious metals headed?

Gold and silver prices were largely steady on MCX on Tuesday, with gains capped by a stronger U.S. dollar and higher crude oil prices as markets awaited U.S. President Donald Trump's decision on extending the Iran ceasefire. MCX silver futures for July 2026 rose Rs 167 to Rs 2,66,350 per…

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The Independent UK

Iran-US war latest: US launches ‘self-defence’ strikes on Iran island and downs missiles targeting Gulf allies

Donald Trump claims he told Tehran ‘It's time’ for them to ‘make a Deal’

The Economic Times

Sensex falls over 400 points, Nifty below 23,250 amid US-Iran tensions, persistent FII selling

Indian stock markets experienced a significant downturn on Tuesday. Both the Sensex and Nifty indices saw substantial declines. This drop was influenced by renewed tensions concerning the Iran-US conflict and continued selling by foreign institutional investors. Several major stocks, including Bajaj Finance, faced losses. However, IT stocks showed resilience, moving…

AAP

AAP Rolling News Bulletin June 2, 1400

AAP Rolling News Bulletin for June 2 at 1400

AAP

Asian shares mostly slip as latest fighting undermines the US-Iran ceasefire.

Asian shares are mostly lower as renewed fighting threatens the U.S.-Iran ceasefire

AAP

AAP Rolling News Bulletin June 2, 1330

AAP Rolling News Bulletin for June 2 at 1330

The Times of India

An alternative to the Strait of Hormuz? Why Iran is eyeing Yemen's Bab al-Mandab

Escalating Middle East tensions are now focusing on the Bab al-Mandab Strait, a crucial global shipping lane. Iran, via its Yemeni allies, may use this chokepoint to pressure adversaries, potentially disrupting vital oil and goods transit. This raises fears of wider conflict impacting international trade routes and energy markets.

AAP

AAP Rolling News Bulletin June 2, 1300

AAP Rolling News Bulletin for June 2 at 1300

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