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The Latest Breaking News from Iran

Water purifier maker Kent RO delays IPO as Mideast war dents sentiment

Kent RO Systems has postponed its stock market debut. The Indian water purifier maker cites global market volatility, worsened by the Iran conflict, as the reason. Rising costs for raw materials also impact operations. The company will reassess its IPO plans in at least a year. Despite challenges, Kent expects…

The Economic Times

Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis

Sri Lanka's central bank enacted a significant 100 basis point policy rate hike, its largest in four years, to combat rising inflation and a weakening rupee. This move comes as the nation grapples with soaring energy prices driven by the Middle East conflict, impacting economic growth and foreign reserves.

The Economic Times

Report warns of Iran war’s prolonged impact on grocery bills

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The Independent UK

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Indian bonds choppy as oil reverses course putting focus back on US-Iran issues

Indian government bond yields edged higher in early trading Tuesday, influenced by renewed U.S.-Iran tensions that pushed oil prices up. This development reversed the support from softer Treasury yields, creating a choppy market environment. Traders anticipate a narrow trading range for bonds, with Friday's auction potentially swaying sentiment.

The Economic Times

AAP Rolling News Bulletin May 26, 1530

AAP Rolling News Bulletin for May 26 at 1530

AAP

Donald Trump honours 13 US service members killed in West Asia conflict

US President Donald Trump paid tribute to thirteen US service members killed during operations against Iran. He vowed that Iran, labelled the world's top terror sponsor, will never acquire nuclear weapons. Meanwhile, the US and Iran are in talks to resolve differences regarding Tehran's nuclear program and sanctions. Progress is…

The Economic Times

Abraham Accords explained: Who signed, who didn't, and why it matters now

US President Donald Trump has renewed efforts to expand the Abraham Accords, urging several Muslim-majority and Arab nations to normalise ties with Israel as part of a broader regional settlement linked to ongoing negotiations with Iran. In a series of remarks, Trump called on countries including Saudi Arabia, Qatar, Pakistan,…

The Times of India

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AAP Rolling News Bulletin May 26, 1500

AAP Rolling News Bulletin for May 26 at 1500

AAP

Iran's national soccer team to commute to World Cup games from Mexico after US refusal, says Sheinbaum

Iran's national soccer team will not stay in the United States during the World Cup. Instead, they will be based in Mexico. The team will travel to the U.S. only for their scheduled matches. This decision comes after U.S. authorities declined to host the squad throughout the tournament. Mexico's president…

The Economic Times

US Stock Market: Bond yields drop after Trump signals progress in Iran talks

Treasury yields declined as optimism around a US-Iran agreement boosted demand for government bonds. Softer oil prices eased inflation concerns, reducing pressure on the Federal Reserve to maintain aggressive monetary policy. However, market caution persisted following reports of US and Israeli strikes on Iranian vessels.

The Economic Times

Asian shares and oil prices are mixed after US launches strikes in southern Iran

Shares are mixed in Asia after the U.S. military said it carried out what it called “self-defense” strikes in southern Iran, including on missile launch sites and boats placing mines

The Independent UK

Middle East crisis: Iran’s foreign ministry says US broke ceasefire with overnight strikes – as it happened

The US military said it carried out strikes on Monday against targets including boats attempting to lay mines and missile launch sites

The Guardian - AU

Iran accuses US of 'war crime' after 24 killed in alleged missile strike on Lamerd Sports Hall

Iranian Foreign Ministry Spokesperson Esmail Baghaei on Tuesday accused the US of committing a "despicable war crime" following a missile strike on a sports hall in Lamerd, Fars Province, that Tehran says killed 24 civilians, including teenage volleyball players and a two-year-old child, while injuring more than 130 people.

The Economic Times

Oil prices rise after fresh US strikes shatter hopes of imminent Iran peace deal

Brent crude fell 7 per cent on Monday, one of the sharpest single day drops since the Iran war and closure of Strait of Hormuz, but are now bouncing back

The Independent UK

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AAP

AAP Rolling News Bulletin May 26, 1430

AAP Rolling News Bulletin for May 26 at 1430

The Economic Times

Abraham Accords explained: What it means and why Pakistan is rattled by Trump’s push

Abraham accords means: The Abraham Accords, a 2020 normalization agreement between Israel and several Arab nations, are being revived by Donald Trump, who is pushing for broader regional integration linked to Iran. While Pakistan rejected the proposal, Saudi Arabia's potential involvement remains a key focus, complicated by the ongoing Gaza…

The Economic Times

Sensex slips 250 pts, Nifty at 24,000 as US strike on Iran dent sentiment; mid, smallcaps outperform

Benchmark indices Nifty and Sensex traded marginally lower on Tuesday, impacted by US attacks in southern Iran, reigniting fears of a prolonged conflict. Despite ongoing negotiations, markets remain cautiously optimistic, with Brent crude prices stabilizing and equities showing resilience, as evidenced by Monday's Sensex rally.

The Guardian - UK

UK consumers likely to face higher prices ‘for many months to come’

Data shows even if Iran war ends, shop price inflation on rise, while only 16% of firms left unscathed by conflict

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The Economic Times

Silver dips Rs 3,800/kg, gold at Rs 1.58 lakh/10 gms after US attacks southern Iran in fresh strikes. Should you sell?

Gold and silver prices on the MCX opened lower on Tuesday as renewed U.S. strikes in Iran pushed oil prices higher, fueling concerns over sticky inflation and prolonged elevated interest rates. The weakness followed U.S. military strikes on targets in southern Iran, including missile launch sites and boats allegedly involved…

AAP

NSW:Foul-mouthed bikie denies heading anti-Semitic attack

A bikie who denies masterminding an Iran-led firebombing of a Jewish deli has angrily cursed outside court after his trial was delayed until next year.

AAP

Foul-mouthed bikie denies heading anti-Semitic attack

A bikie who denies masterminding an Iran-led firebombing of a Jewish deli has angrily cursed outside court after his trial was delayed until next year.

AAP

AAP Rolling News Bulletin May 26, 1400

AAP Rolling News Bulletin for May 26 at 1400

The Times of India

Why US struck Iran amid shaky ceasefire: 10 things to know about the 'self-defence' strikes

US forces struck Iranian missile sites and boats near the Strait of Hormuz. This happened during peace talks aimed at ending a three-month conflict. Iran accused the US of a war crime. Reports mentioned explosions and fatalities on Larak Island. Discussions continue on reopening the Strait of Hormuz and Iran's…

The Guardian - AU

US strikes Iran missile sites and mine laying vessels as Trump’s promised peace deal remains elusive

Negotiators from Iran travelled to Qatar on Monday, with the fate of the country’s nuclear programme and access to frozen assets under discussion

Euronews

Gulf braces for Iran's response as US strikes shake peace talks

Tehran has vowed a "far more severe" response beyond the region after overnight US strikes on missile sites and boats planting mines in southern Iran, even as both sides say negotiations toward a Hormuz deal are still on.

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