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The Latest Breaking News from Iran

Ukraine ally Britain eases new sanctions on Russian oil as fuel prices surge over Iran war

The U.K. government has quietly delayed some new sanctions on Russian oil to help Britons cope with rising costs from the Iran war

AAP

Are Markets Really Safe Yet? Iran War Decision on Hold—Why Investors Are Still Not Out of the Woods

The temporary pause in military action against Iran has eased immediate fears, but investors remain wary due to unresolved geopolitical tensions and market volatility.

International Business Times UK

Governments worldwide shield households from rising energy costs

Nations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel conservation measures. Some are increasing domestic production and seeking external financing in an effort to stabilize markets and ensure energy security amidst ongoing global conflicts.

The Economic Times

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Senate Approves War Powers Resolution To End Iran War For The First Time As Cassidy Flips After Primary Loss

Louisiana Senator Bill Cassidy voted in favor of a war powers resolution related to Iran after losing his primary against a Trump-endorsed challenger.

International Business Times

As Iran mulls tariffs on Hormuz internet cables, how might the fees threaten Europe?

The move could raise connectivity costs and create greater digital vulnerability for Europe, but some experts argue that the continent has enough backup bandwidth to survive without access to the cables in the Strait of Hormuz.

Euronews

First Thing: Trump critic Thomas Massie defeated in Kentucky Republican House primary

Seven-term incumbent had spoken out against Iran war, government spending and Jeffrey Epstein files. Plus, Trump’s ‘board of peace’ receives just $23m to rebuild Gaza

The Guardian - UK

Tehran's tiered internet leaves most Iranians in the dark 82 days on

Iran's 82-day internet blackout has created a multi-tiered system, granting officials and businesses some access while ordinary citizens pay up to 12 times as much for VPNs, Iranians back home told Euronews.

Euronews

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U.S. Officials Reportedly Confused About Trump's Strategy About Iran War

Several U.S. officials are confused about President Donald Trump's strategy regarding the war in Iran, according to a new report.

International Business Times

Iran warns of war beyond Mideast as Trump repeats threats

TEHRAN - Iran warned on Wednesday that the Middle East war would spread far beyond the region if the United States and Israel resumed their attacks, after President Donald Trump threatened to strike again unless a deal is reached.

Bangkok Post

Trump’s Iran War headache grows as new poll shows approval tanking

The survey from The Associated Press-NORC Center for Public Affairs Research reveals that approximately 60% of Republicans now approve of Trump’s handling of the economy

The Independent UK

Stock market rebounds: Sensex recovers 790 points from day’s low, Nifty closes above 23,650

Indian stock markets staged a strong recovery, erasing morning losses. The Sensex and Nifty closed higher as oil prices dropped below $110 per barrel. Bond yields also eased from record highs. Investor sentiment improved broadly across market segments. The Indian Rupee, however, hit a fresh record low against the US…

The Economic Times

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

Weapons are now regularly brandished in Tehran in an increasing show of defiance

The Independent UK

Why has inflation gone down and where will it go from here?

Economists said April’s inflation fall will only be a brief respite before the Middle East conflict sends prices spiking again.

Evening Standard

Why has UK inflation gone down? What economic experts say will happen next

ONS reported that the Consumer Prices Index inflation fell to 2.8 per cent

The Independent UK

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The Times of India

Why Trump paused fresh Iran strikes just hours before launch

US President Donald Trump has delayed a planned resumption of military strikes on Iran after pressure from Gulf allies and ongoing diplomatic efforts. This comes despite him saying that US forces were “all set to start” operations.

The Independent UK

Ukraine ally Britain eases sanctions on Russian oil as fuel prices surge over Iran conflict

The U.K. government has quietly eased some sanctions on Russian oil to help Britons cope with rising costs

The Economic Times

Rs 10.9 lakh crore burden: Iran shock can take a load off India's back

Rising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast-tracking plans for ethanol adoption and commercial vehicle electrification to reduce dependence on imported crude and support the rupee. With crude imports estimated to cost Rs 10.9 lakh…

The Independent UK

Drivers ditch cars for bikes as fuel prices continue to soar

Iran’s grip on the Strait of Hormuz means the average price of a litre of petrol and diesel at UK forecourts have increased

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The Guardian - UK

Outrage grows over treatment of Gaza flotilla activists; US boards Iranian oil tanker – Middle East crisis as it happened

US ambassador to Israel criticizes Ben-Gvir’s ‘despicable actions’ in video shared online as countries condemn treatment of activists; tanker was accused of violating blockade before being released

The Independent UK

Starmer under fire for buying ‘dirty Russian oil’ after UK quietly eases strict sanctions

Senior Labour MP Emily Thornberry hit out at the government’s decision and said the people of Ukraine have been ‘very let down’ by the move

The Economic Times

Global funds ready for further Rupee weakness with 100 in sight

Global investors anticipate further depreciation of the Indian rupee, with some projecting a fall to 100 per dollar. This outlook is driven by rising oil import costs due to the US-Iran conflict and investor preference for the greenback. The rupee's decline has already eroded local gains for foreign funds, prompting…

Evening Standard

Inflation falls to 2.8% in April but Rachel Reeves braces Britain for it to spike in coming months

The drop from 3.3% in March was bigger than expected in the City

International Business Times UK

MAGA Mum Breaks Down Live On Air Saying 'Trump Abandoned Us' Over Iran War and Cost of Living Crisis

A MAGA supporter from Long Island expresses feeling 'abandoned' by Trump due to rising living costs and concerns over the Iran conflict, reflecting growing unrest among his voter base.

The Independent UK

Inflation drops back by more than forecast as energy offsets Iran war fuel hit

The Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation to 2.8% in April, down from 3.3% in March.

The Independent UK

UK inflation falls to 2.8% – but experts warn far higher price rises on the way

Inflation could hit 5 per cent by the summer, economists forecasts, as the full effects of Iran War take hold

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