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The Latest Breaking News from Iran

The US has long used economic coercion to achieve foreign policy goals — the war in Iran shows how that power has declined

Two months after the United States, along with Israel, launched a war against Iran, that conflict appears far from a lasting resolution.

The Conversation

Iran Says U.S. Blockade Is 'Doomed To Fail' As Oil Prices Remain Elevated And Strait Of Hormuz Closed

Iran said the U.S.'s blockade of its ports is "doomed to fail" as oil prices remain elevated and the Strait of Hormuz closed.

International Business Times

ECB holds rates at 2% as inflation rises and eurozone growth slows

The European Central Bank has held interest rates at 2% for a third straight meeting, even as inflation rises and growth slows across the eurozone.

Euronews

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Jimmy Kimmel trolls Trump over Iran war picture with sunglasses and gun: ‘Fat John Wick’

Late night host Jimmy Kimmel mocks President Donald Trump over latest Iran meme: ‘He looks like Rambo and Dumbo at the same time’

The Independent UK

Oil prices hit highest level since Iran war's start

The jump will keep sending U.S. gasoline prices higher — and shows the market reacting to the possibility of a long stalemate.

Axios

What surging oil price means for UK petrol prices, supermarket costs and energy bills

Brent crude hit $125 overnight – and higher prices for longer will feed through to everyday products and services

The Independent UK

Iran’s supreme leader Mojtaba Khamenei sends ‘evil’ threat to US

IN FULL

The Independent UK

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Iran warns the only place for US in the Gulf is ‘at the bottom of its waters’

Ayatollah Mojtaba Khamenei is reported to be severely injured and passing on messages through top security officials

The Independent UK

Iran war cost and child deaths spark Democrat fury at Defense Secretary Hegseth

IN FULL

The Independent UK

‘Someone stage an intervention’: Trump confuses Ukraine and Iran, says US successfully destroying Ukrainian navy

No biggie, just him confusing a crucial ally with a mortal enemy.

We Got This Covered

Trump tightens US naval blockade as Iranian rial collapses to record low

The latest drop follows a currency shock several months ago, when the rial fell from around 1.4 million to 1.6 million per US dollar in under a week, as the war moves turns into an economic clash to exhaust the Iranian regime' options.

Euronews

Bank of England holds rates as Iran war sends oil prices to new highs

The Bank joins the Fed and Bank of Japan in sitting tight, as war in the Middle East drives oil prices higher and blows the spring rate-cut playbook apart.

Euronews

UK interest rates held – but Bank of England warns inflation could surge above 6%

The bank rate has been held at this level since 22 December 2025

The Independent UK

Tucker Carlson accuses Trump of failing the country: ‘You’d rather run the world’

The former Trump ally-turned-critic claimed the president did not care about everyday Americans and his war on Iran “hasn’t worked”

The Independent UK

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The Guardian - UK

Bank of England warns ‘higher inflation unavoidable’ after holding interest rates

Governor says decision to keep rates at 3.75% reasonable given unpredictability of events unfolding in Middle East

The Independent UK

Iran's supreme leader says it will protect its 'nuclear and missile capabilities'

Iran’s supreme leader says the country will protect its nuclear and missile capabilities as national assets

International Business Times UK

Six US Service Members Killed in Kuwait After Hegseth Allegedly Overrode Warnings of Active Drone Threats

Six US Army Reserve soldiers died in a suspected Iranian drone attack in Kuwait, raising questions about force protection failures. Survivors and lawmakers demand accountability amid ongoing investigations.

Fortune

Global investors are shrugging off Iran worries and returning to markets in Asia, the 'backbone of the whole AI value chain'

The AI boom is lifting markets across East Asia, yet energy concerns are causing Southeast Asia to lag behind.

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The Guardian - UK

Eurozone inflation soars to 3% as Iran war drives up energy prices

ECB keeps interest rates on hold as growth stumbles and price rises gather pace, up from 2.6% in March and 1.9% in February

Barchart

Stocks Rise Before the Open as Investors Weigh Big Tech Earnings, Iran War News

June S&P 500 E-Mini futures (ESM26) are up +0.15%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.22% this morning as investors digest earnings reports from big U.S. tech companies and the latest developments in the Iran war.

The Independent UK

Trump elevates QAnon conspiracy theory in late-night Truth Social post

President Donald Trump posts reminder of the claim that the ‘shadowy cabal that runs the world’ will be overthrown

Fortune

With no end in sight, Trump considers new options in Iran war—including the ‘Dark Eagle’ hypersonic missile

Everything you need to know before you reach the office this morning.

Euronews

Eurozone inflation hits 3% as oil prices spike and economic growth slows

Soaring oil prices linked to the Iran war pushed inflation higher in the euro area in April, while growth continued to underperform — a worrying combination for both consumers and policymakers at the European Central Bank.

The Guardian - US

New video shows accused gunman trying to storm White House press dinner as gunfire erupts – as it happened

This live blog is now closed.

The Independent UK

How Iran’s mosquito fleet is skirting Trump’s Strait of Hormuz blockade

Iranian ‘fast attack ships’ reduce the need for a traditional navy to control the vital waterway

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