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The Latest Breaking News from Iran

Trump officials prepping for ‘nightmare scenario’ where oil hits $150-a-barrel - and unleashes more pain at the gas pump

Officials have entered ‘all hands on deck’ mode, urgently evaluating options to tame soaring prices

The Independent UK

Trump risks falling in to the ‘asymmetric resolve’ trap in Iran − just as presidents before him did elsewhere

Little has seemingly gone as Washington planned in the war against Iran.

The Conversation

Cotton Bulls Pushing Higher on Wednesday

Cotton futures are pushing off the early weakness on Wednesday with gains of 60 to 75 points at midday. The US dollar index is $0.614 lower at $99.140. Crude Oil is weaker, down $1.56 as the Middle East situation has cooled off after a post from President Trump suggested Iran...

Barchart

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UK is most vulnerable European country to jet fuel shortages, Ryanair boss says

Michael O’Leary says UK’s reliance on Kuwait for jet fuel supply amid Iran war exposes it to possible shortages

The Guardian - UK

Don’t blame AI for the Iran school bombing

Letters: Anthony Lawton and Dr Felicity Mellor on the importance of humans who design systems and execute decisions taking responsibility for them

The Guardian - UK

UAE ‘preparing to join US fight’ to reopen Strait of Hormuz

Emirati diplomats are reportedly also lobbying European and Asian powers to form a coalition with the US

The Independent UK

FTSE 100 soars as Middle East peace hopes grow

The US and Iran have both made some positive noises, prompting markets to rise.

Evening Standard

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Mojtaba Khamenei hails fallen IRGC, Hezbollah commanders; calls US, Israel 'most obstinate enemies' of Islamic world

Iran's Supreme Leader Mojtaba Khamenei lauded fallen Hezbollah and IRGC commanders, viewing their sacrifices as proof of resistance against the US and Israel. He emphasized their commitment to the struggle, highlighting figures like Hassan Nasrallah and Qasem Soleimani. Khamenei reaffirmed Iran's unwavering support for resistance movements, calling the current period…

The Times of India

U.S., Iran Reportedly Discussing Ceasefire In Exchange For Reopening Strait Of Hormuz

The U.S. and Iran are discussing a ceasefire in exchange for the reopening of the Strait of Hormuz, the key waterway through which about 20% of the world's energy goes, according to a new report.

International Business Times

'April Fools' joke': Iran mocks Trump's new regime claim, calls ceasefire remark 'false & baseless'

NEW DELHI: Iran on Wednesday mocked US President Donald Trump's claim of "new regime" in Tehran as an "April Fools'" joke and denied his remarks that Tehran had sought a ceasefire, calling it "false and baseless."

The Times of India

Trump says he is ‘absolutely’ considering withdrawing US from Nato

The president, a longtime critic of Nato, has stepped up his rhetoric after allies refused to join the US-Israel war on Iran

The Guardian - UK

Kidnapped American journalist Shelly Kittleson built respected career reporting across Middle East

The kidnapped freelance journalist’s disappearance has sparked international concern about her welfare

The Independent UK

Economic chaos or new normal? Three possible scenarios if Trump leaves Iran without reopening Strait of Hormuz

The Strait has become a central anxiety for Washington’s allies since Tehran forced its effective closure

The Independent UK

‘Making the president look bad’: Pete Hegseth slams coverage of U.S. soldiers killed in action during Iran war

Fake news at it again, right?

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The Independent UK

Bulletin world briefing: Iran names country who could mediate US peace talks

Here are five of the biggest stories from around the world today

We Got This Covered

U.S. is drawing up possible ground assault plans on Iran, but Israel is reportedly sitting out the war

Why bother when Uncle Sam’s got your back?

Latin Times

John Bolton Warns Iran Regime Could 'Build Back' as 'Wounded Beast' if Left in Power

Bolton also pointed to contradictions in the administration's messaging, noting that U.S. officials have described ongoing negotiations while Iranian authorities deny they are taking place

The Independent UK

Bulletin PM briefing: Trump’s Iran ceasefire claim and schools locked down after gun incident

Here are five of today’s top stories in case you have missed them

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Barchart

Crude Oil Prices Tumble on Hopes for an End to the War in the Middle East

May WTI crude oil (CLK26 ) today is down -1.62 (-1.60%), and May RBOB gasoline (RBK26 ) is down -0.0787 (-2.46%). Crude oil and gasoline prices are sharply lower today amid mounting optimism that the war in the Middle East is nearing an end. Crude prices remained lower after weekly...

International Business Times

NYC Mayor Mamdani Says War In Iran 'Should Be Opposed On Every Single Ground, Not Just Procedural, But Also Moral'

New York City Mayor Zohran Mamdani said the war in Iran "should be opposed on every single ground, not just procedural, but also moral, but also political" as he continues to criticize the Trump administration's actions in the country.

The Times of India

'Not just straits, also focus on gays of Hormuz': No Kings protesters' bizarre comments go viral

Street interviewer Lionel, known online as No Cap On God, went to the "No Kings" protests with a microphone and a straight face. What he came back with was something else entirely.

The Independent UK

Iran denies Trump’s ‘baseless’ claim that it wants a ceasefire

IN FULL

The Guardian - US

Colbert on Trump’s shifting tone on Iran: ‘It’s a military strategy known as starting a 1,000-piece jigsaw puzzle’

Late-night hosts discussed Trump’s refusal to clean up his mess in Iran and gas prices soaring to over $4 a gallon

International Business Times UK

Iran War Expansion: Greece Prepares for Possible Attack as US Issues Urgent Warning for American Tourists

Greece has deployed frigates and F-16s to defend Cyprus and raised security at 50 potential targets after Iran threatened tourist sites worldwide.

Barchart

Stocks Climb on War-End Optimism

The S&P 500 Index ($SPX ) (SPY ) today is up +0.97%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.86%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.45%. June E-mini S&P futures (ESM26 ) are up +0.96%, and June E-mini Nasdaq futures...

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