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The Latest Breaking News from Iran

US Stock Market: Bessent downplays inflation fears despite energy price surge

U.S. Treasury Secretary Scott Bessent downplayed fears of a prolonged inflationary spiral, attributing recent surges in energy prices and bond yields to temporary geopolitical disruptions. He believes inflation will moderate once the Iran conflict stabilizes and energy markets normalize, suggesting central bankers are overly cautious about lasting price pressures.

The Economic Times

Mukesh Ambani’s $4 billion Jio IPO hits Iran war roadblock

Reliance Industries' planned IPO for its digital arm, Jio Platforms, faces significant hurdles due to geopolitical tensions and market volatility exacerbated by the war in Iran. The conglomerate is reviewing the deal's structure, impacting timelines and potentially affecting investor returns amid a downturn in Indian stocks and capital flight.

The Economic Times

AAP Rolling News Bulletin May 21, 1400

AAP Rolling News Bulletin for May 21 at 1400

AAP

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Oil Price Today (May 21): Crude oil rises slightly after two days of fall as Iran-US issue fresh threats. What lies ahead?

Oil prices saw marginal gains as fresh threats between Iran and the US heightened concerns over the Strait of Hormuz closure. While Iran examines a new US proposal, President Trump indicated talks are on the "borderline" between a deal and renewed strikes. The ongoing blockade of the vital waterway continues…

The Economic Times

First Gaza flotilla activists deported by Israel arrive in Turkey

The first group of foreign activists from the Global Sumud aid flotilla arrived in Turkey on Thursday after Israel deported them following global outcry over their treatment in custody. A viral video released Wednesday showed Israeli National Security Minister Itamar Ben-Gvir heckling the detained activists as they were bound and…

France 24

Iran-US war latest: US Secretary of State Marco Rubio hails ‘good signs’ in peace talks as Tehran says gaps are narrowing

Tehran says the gap in position with Washington has narrowed - but the Strait of Hormuz remains a sticking point

The Independent UK

AAP Rolling News Bulletin May 21, 1330

AAP Rolling News Bulletin for May 21 at 1330

AAP

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In Iran's capital, weapons demonstrations send a signal at home and abroad as threat of war remains

Iran is displaying its military might and training citizens in weapons handling. This show of force comes as U.S. President Donald Trump threatens renewed conflict. The displays aim to deter external threats and rally domestic support. Iranians are facing economic hardship and uncertainty. The government is encouraging citizens to volunteer…

The Economic Times

Japan records bigger exports and imports in April, despite oil supply concerns

Japan has reported its exports soared nearly 15% in April from a year earlier as its trade remained robust despite worries over supplies of oil and gas due to the war in Iran

The Independent UK

US seeks to boost energy exports to India as Rubio visits Delhi

The Trump administration is aiming to increase energy exports to India, with Ambassador Sergio Gor highlighting India's receptiveness to diversifying its energy sources. This comes as India faces an energy crisis due to the ongoing war with Iran, which has disrupted vital shipping lanes. Secretary of State Marco Rubio's upcoming…

The Economic Times

FED:Aussie shares rebound, oil falls on Iran deal hopes

Hopes of an end to the Middle East energy crisis are supporting equities, as US-Iran talks continue and after three oil tankers crossed the Hormuz Strait.

AAP

Shares bounce on peace deal hopes, rate expectations

A surprise uptick in employment has reduced the likelihood of a June interest rate hike, adding fuel to a local relief rally sparked by Iran peace deal hopes.

AAP

AAP Rolling News Bulletin May 21, 1300

AAP Rolling News Bulletin for May 21 at 1300

AAP

Trump's revenge tour against Republicans could cost the party in November

Donald Trump is purging Republican politicians who have not shown him loyalty. This strategy energizes his core supporters. However, some Republican strategists believe this could hurt the party's chances in the upcoming midterm elections. Candidates in competitive races may feel pressured to align closely with Trump, potentially alienating moderate voters.

The Economic Times

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AAP

AAP Rolling News Bulletin May 21, 1230

AAP Rolling News Bulletin for May 21 at 1230

The Economic Times

Trump, Netanyahu had tense phone call on future of Iran war: reports

US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu held a tense phone call regarding the war on Iran. Washington favors a deal, while Netanyahu wants to resume strikes to weaken Iran. Mediators are working on a peace memo. Trump believes a deal is possible but is ready for…

The Times of India

'PM's hair was on fire': Donald Trump & Netanyahu spar over Iran war's next steps in heated phone call

US President Trump and Israeli PM Netanyahu clashed over Iran diplomacy, with Trump favoring a deal and Netanyahu pushing for military action. Mediators from Qatar, Pakistan, and others are working on a revised proposal, but Trump warns the window for talks is closing, while Israel remains on high alert.

The Economic Times

China kept building its crude stockpile in April despite Iran crisis

China is accumulating crude oil reserves even as imports decrease. This contrasts with global trends of depleting oil stocks. The nation's refinery processing has also slowed. Analysts suggest China could sustain this inventory build for years. Future import levels and fuel export decisions will determine if China begins drawing down…

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The Economic Times

Gold steady as US-Iran peace deal hopes offset inflation fears

Gold prices held steady as optimism surrounding a potential U.S.-Iran peace deal countered concerns over oil-driven inflation and rising global interest rates. While U.S. Treasury yields and oil prices dipped on hopes of a Middle East accord, Federal Reserve minutes indicated a potential for policy firming if inflation persists above…

The Economic Times

Dollar rally pauses on Iran deal hopes; yen edges back from intervention zone

Hopes for a Middle East peace deal between Washington and Tehran have caused the US dollar to retreat from a six-week high. President Trump indicated negotiations are in their final stages, though he also warned of potential further attacks.

AAP

AAP Rolling News Bulletin May 21, 1200

AAP Rolling News Bulletin for May 21 at 1200

The Economic Times

Oil prices today: Why are International oil rates rising after two days of losses?

Oil price today: Brent crude futures rose 81 cents, or 0.77 per cent, to $105.83 a barrel, and U.S. West Texas Intermediate futures were up 97 cents, or 0.99 per cent, at $99.23.

AAP

AAP Rolling News Bulletin May 21, 1130

AAP Rolling News Bulletin for May 21 at 1130

The Economic Times

Oil rebounds on uncertainty over Iran peace deal and inventory drawdowns

Oil prices surged Thursday amid persistent supply worries stemming from the Iran war's uncertain conclusion and a significant U.S. inventory draw. Concerns are mounting over dwindling global stockpiles as the Strait of Hormuz remains largely inaccessible, impacting crucial energy shipments. Analysts suggest a breakthrough in talks is unlikely if concessions…

The Economic Times

Global Market Today: Asian stocks rise on Iran optimism, Nvidia slips

Asian equities surged, mirroring Wall Street's gains as optimism surrounding US-Iran talks eased Middle East tensions. Crude oil and bond yields declined, while South Korean stocks and Samsung Electronics saw significant increases. Despite a general market rebound, Nvidia's shares experienced a slight dip following its sales forecast.

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