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The Latest Breaking News from Iran

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...

Barchart

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.

Capital & Main

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

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Iran executes Iranian-German dissident Jamshid Sharmahd over terror conviction

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

The Independent UK

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.

Top News

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...

Barchart

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Israel's Military Chief Issues Ominous Warning As World Awaits Iran Response To Strikes

'We drew upon only some of our abilities,' Maj. Gen. Herzi Halevi said during a videotaped meeting with his top brass. 'We have the ability to do much more.'

International Business Times

Iran Vows To Respond To Israel's Airstrikes With 'All Tools'

Iran vows retaliation against Israel's recent airstrikes, while IDF warns of further action. President Biden seeks de-escalation.

Top News

Brené Brown vs. Joe Rogan

Plus: Trump at Madison Square Garden, Florida's abortion amendment, Israel's Iran retaliation, and more...

Reason

Middle East latest: Israel says it detained 100 suspected militants in a raid on a Gaza hospital

Israel’s military says it detained 100 suspected Hamas militants in a raid on a hospital in northern Gaza over the weekend

The Independent UK

Iran's Supreme Leader's Social Media Account Suspended

Suspension of Iran's Supreme Leader's Hebrew account after Israel's attack; tensions rise.

Top News

Israel Presses Gaza And Lebanon Assaults As Egypt Touts Truce Plan

Israeli forces launched deadly strikes on Lebanon and Gaza on Monday, pressing their offensive against militants after Egypt's president proposed a two-day truce in the Israel-Hamas war.

International Business Times

Oil Prices Drop After Israel's Attack On Iran

Oil prices dropped as Israel targeted Iran, avoiding key energy sites. Iran vows retaliation.

Top News

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Hostage-Ceasefire Talks Between Hamas And Israel On Hold

Hamas-Israel talks on hostage release and ceasefire paused for US election outcome, focusing on Lebanon conflict and Iran's influence.

The Guardian - UK

Lindsay Hoyle criticises chancellor Rachel Reeves for early disclosure of budget details – UK politics live

Speaker of the House of Commons says it is ‘evident’ Reeves made significant policy announcements in the media, rather than parliament

Top News

Iraq Accuses Israel Of Violating Airspace In Iran Strikes

Iraq accuses Israel of violating its airspace during strikes on Iran, sparking tensions in the Middle East and prompting diplomatic actions.

The Guardian - AU

Deadly airstrikes reported in Lebanon – as it happened

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The Guardian - UK

Volkswagen to shut at least three German factories, union warns; Oil price falls 5% after Israel’s attack on Iran – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Monday briefing: How Iran could retaliate against the latest round of Israel airstrikes

In today’s newsletter: After a series of attacks on military and logistic targets, Iran’s Khamenei is biding his time

International Business Times

Oil Prices Tumble As Iran Fears Ease, Yen Weakens After Japan Polls

Oil prices tumbled Monday with markets relieved that Israel's strikes on Iran had avoided the country's energy infrastructure while the yen fell to a three-month low after Japan's ruling party suffered an election drubbing.

International Business Times

Egypt Proposes Two-day Gaza Truce In Hope Of Full Ceasefire

Egyptian President Abdel Fattah al-Sisi on Sunday proposed a two-day truce in Gaza and limited hostage exchange aimed at securing "a complete ceasefire" after more than a year of war between Israel and Hamas.

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Iran Vows Response To Israel's Strikes, Seeks To Avoid War

Iran and Israel exchange threats and defenses following recent strikes, with international efforts for de-escalation.

Top News

Civilian Killed In Israeli Strikes On Iran, Death Toll Rises

Israeli strikes on Iran result in civilian casualties, escalating tensions. International community calls for restraint and diplomatic efforts.

The Independent UK

Netanyahu praises Israel’s hard hitting attack on Iran as Tehran plays down impact

Iran’s religious ruler Ayatollah Ali Khamenei claims Israel’s aerial attack should not be exaggerated amid fears of wider war – but his officials branded the airstrikes a violation of international law

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