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The Latest Breaking News from Iran

Japan's economy expands at a 2.1% annual pace, boosted by consumer spending

Japan has reported its economy expanded at an annualized rate of 2.1% in the January-March quarter

The Independent UK

Aussie shares rebound after Trump postpones new attack

The ASX rose 1.2 per cent in its best day of gains since May 6 after Donald Trump said he was scrapping plans for another attack on Iran.

AAP

Oil Price Today (May 19): Crude oil retreats from $110 as Trump delays planned strike on Iran. Where are prices headed?

Oil prices dipped Tuesday after President Trump delayed a planned military strike on Iran, following appeals from Middle Eastern leaders. This de-escalation eased immediate concerns over global crude supply disruptions. Analysts warn that a prolonged closure of the Strait of Hormuz could still impact markets significantly.

The Economic Times

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Dollar steadies from weakness as Trump calls off planned attack on Iran

The dollar gained strength as U.S. President Donald Trump halted a planned attack on Iran. This move eased fears of a wider conflict. Bond markets also stabilized after a recent selloff. Investors are watching for further developments in the Middle East and their impact on global markets. The Japanese yen…

The Economic Times

Gold steady on weaker dollar after Trump pauses planned Iran attack

Gold prices stabilized as a weaker dollar and falling oil prices eased inflation worries, following President Trump's decision to pause an attack on Iran. This move, aimed at fostering negotiations, has impacted the precious metal's market dynamics. Meanwhile, other precious metals like silver, platinum, and palladium also saw declines.

The Economic Times

Cuba warns of ‘bloodbath’ as US imposes new sanctions amid rising tensions

Cuba’s leadership warned Monday of a “bloodbath” in the event of a US attack, as Washington imposed new sanctions on the country’s intelligence agency and senior officials. The escalation comes amid reports of heightened military tensions and claims of Cuban drone acquisitions from Russia and Iran.

France 24

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

Oil prices have fallen and Asian stock markets have risen. President Donald Trump has paused military strikes, sparking hopes for a deal to end the conflict. This development could reopen energy routes through the Strait of Hormuz. Investors are watching closely as negotiations are reportedly underway. Markets experienced volatility due…

The Economic Times

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Trump news at a glance: president says scheduled attack on Iran has been postponed – for now

President says he has instructed US military to be ready for ‘a full, large scale assault of Iran, on a moment’s notice’ – key US politics stories from Monday 18 May

The Guardian - US

Oil falls over 2% as Trump holds off scheduled attack on Iran

Oil prices dipped as President Trump paused an Iran attack for talks, easing immediate tensions. Brent and WTI futures saw declines. Analysts are watching for a genuine de-escalation or a tactical pause, with Iran's response and Strait of Hormuz tanker movements being key. Sanctions waivers and U.S. Strategic Petroleum Reserve…

The Economic Times

World ‘sleepwalking into food crisis’, Cooper warns amid Iran disruption

The disruption comes at a crucial time for world agriculture.

Evening Standard

Free up fertiliser supplies to avert global food crisis, Yvette Cooper urges

UK foreign secretary says urgent pressure needed to get strait of Hormuz reopened and fertiliser and fuel moving

The Guardian - UK

Iran shrugs as Trump continuously flip-flops between threats and extending peace talk deadlines

ANALYSIS: Iran has figured out that Trump’s bluster and swirl of social media threats doesn’t matter much so long as they control the Strait of Hormuz, Andrew Feinberg writes

The Independent UK

Iran announces new body to manage Strait of Hormuz as peace talks stall

Iran announced a new body to oversee the Strait of Hormuz on Monday, signalling tighter control over the strategic waterway after months of disruption linked to its war with the United States and Israel. Tehran says the authority will manage maritime traffic and provide updates as tolls and restrictions reshape…

France 24

Trump Exposed Plans to Attack Iran But Holds Off on Threat; Here's Why He Changed His Mind

President Trump unexpectedly halted plans to attack Iran after receiving requests from Middle Eastern leaders, citing ongoing negotiations and the potential for a nuclear-free deal.

International Business Times UK

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Evening Standard

London journalist was stabbed by men working for Iran, court hears

Romanian nationals Nandito Badea, 21, and George Stana, 25, have both pleaded not guilty to charges of wounding with intent to cause grievous bodily harm and wounding

France 24

Elon Musk loses lawsuit against OpenAI and Sam Altman

Tech billionaire Elon Musk has lost his $160 billion dollar lawsuit against OpenAI and its chief Sam Altman in a federal court in California. After 11 days of testimonies and arguments, a nine-member jury deliberated for less than two hours to reach a unanimous verdict, saying Musk filed the case…

The Independent UK

Maduro ally is charged in Venezuela bribery case after deportation to US

Alex Saab, a close ally of ousted Venezuelan President Nicolás Maduro, has been charged in Miami with bribing officials for government contracts

Barchart

Stocks Settle Mixed as Iran War Remains Unresolved

The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.45%. June E-mini S&P futures (ESM26 ) fell -0.12%, and June E-mini Nasdaq futures...

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Euronews

Trump: I called off attack on Iran planned for Tuesday

The US president said he had been asked to do so by the leaders of Qatar, Saudi Arabia and the United Arab Emirates as "serious negotiations are now taking place."

The Independent UK

Trump cancels Iran attack after telling regime ‘clock is ticking’ to end the war

IN FULL

The Economic Times

Why is Iran using Bitcoin (BTC) for the 'Hormuz Safe' shipping insurance system in the Strait of Hormuz amid US-Iran tensions?

Bitcoin (BTC USD) shipping insurance Iran explained: Iran is reportedly launching a bitcoin-backed maritime insurance service, "Hormuz Safe," for vessels transiting the Strait of Hormuz. This initiative, amid heightened US-Iran tensions and restricted shipping, aims to provide cryptographically verifiable policies settled in Bitcoin, potentially generating significant revenue.

International Business Times

Trump Says He Was Going To Strike On Tuesday But Held Off As 'Serious Negotiations Are Taking Place'

President Donald Trump said on Monday he was set to approve renewed strikes against Iran on Tuesday but held off at the request of Gulf leaders and ongoing negotiations.

International Business Times UK

Trump and Netanyahu Assassination Reward Offered as Iran Parliament Drafts Multi-Million-Pound Legal Bounty

Iran's parliament proposes a £44 million bounty for the assassination of US President Trump, escalating tensions following the death of Supreme Leader Khamenei in a US-Israeli operation.

The Economic Times

US turns down fresh Iranian peace proposal and warns of potential hostilities resumption, reports Axios

Iran submitted a new proposal to revive nuclear talks. Senior US officials state it lacks meaningful progress. Washington is considering diplomatic and military options. President Trump expressed frustration with Tehran's stance. The clock is ticking for Iran to show flexibility. The US warns of potential military action if negotiations stall.…

Barchart

Dollar Slips as President Trump Cancels a Planned Attack on Iran

The dollar index (DXY00 ) fell from a 1.25-month high on Monday and finished down by -0.25%. The dollar gave up overnight gains on Monday and turned lower following reports that the US proposed a temporary waiver of sanctions on Iran's oil. Also, comments on Monday afternoon from President Trump...

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