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The Latest Breaking News from Iran

Trump Dismisses Xi Jinping Proposal On Iran Conflict Resolution Amid Global Concern

US President Trump has rejected Chinese President Xi's offer to mediate the Iran conflict, adding uncertainty to international negotiations and impacting global markets.

International Business Times UK

Pakistan deploys jet squadron, thousands of troops to Saudi Arabia during Iran war

Pakistan has deployed 8,000 troops, a squadron of fighter jets and an air defence system to Saudi Arabia under a mutual defence pact, deepening military ties with Riyadh even as Islamabad positions itself as the key mediator in the Iran conflict.

The Economic Times

Global bond rout deepens as Iran war drags on and underscores inflation fears

Global bond markets are experiencing significant losses as rising energy prices, fueled by the Iran conflict, ignite inflation fears. Investors now anticipate central banks worldwide, including the US Federal Reserve and European Central Bank, to hike interest rates. Japan's government debt issuance further strains finances, pushing JGB yields to record…

The Economic Times

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Iran war hit to UK growth less than feared but inflation still to rise – IMF

The International Monetary Fund (IMF) updated its growth projections a month after warning of a sharp slowdown caused by the global energy shock.

Evening Standard

Baba Vanga fuel price prophecy: Did Bulgarian mystic predict Iran war & rising petrol, diesel, CNG and LPG prices? Here’s what she said

Amidst rising global tensions and concerns over fuel prices, viral claims linking Baba Vanga's alleged 2026 predictions to economic chaos are circulating. However, there is no verified evidence of her specifically foreseeing fuel price hikes. The current anxieties are more a reflection of real-world geopolitical impacts on oil markets than…

The Economic Times

IEA chief warns commercial oil inventories are depleting rapidly, only weeks left

International Energy Agency head Fatih Birol warned that commercial oil inventories are rapidly depleting, with only a few weeks of supply remaining due to the Iran war and Strait of Hormuz closure. Strategic reserve releases have provided temporary relief, but demand is increasing with seasonal shifts. The agency previously forecast…

The Economic Times

Iran officially announces new body to manage Strait of Hormuz: top security council

Iran has established a new authority to manage the Strait of Hormuz. This vital waterway has been effectively closed by Tehran, which intends to charge ships for passage. The new body will provide updates on operations and developments. Iran's control over the strait has impacted global markets.

The Economic Times

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Stocks Set to Open Lower as Oil Rises Amid Iran Impasse, Nvidia Earnings and Fed Minutes Awaited

June S&P 500 E-Mini futures (ESM26) are down -0.41%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.30% this morning, pointing to a lower open on Wall Street as oil prices continue to rise amid the stalemate between the U.S. and Iran.

Barchart

Ryanair profits surge 40% to €2.26 billion despite Boeing delays and fuel crisis

Europe’s largest low-cost airline posted record annual profits as rising fares and sustained travel demand helped offset aircraft delivery delays and mounting uncertainty in global fuel markets due to the Iran war.

Euronews

India's cooking fuel shortage is driving up California's gas prices

India's cooking gas shortage, driven by the Strait of Hormuz closure, forces refiners to cut alkylate production. This directly impacts California's gasoline supply, as alkylates are crucial for its unique blend, leading to higher prices for motorists already facing a global fuel crisis.

The Economic Times

The Iran war reminds us: we’ll never be energy-independent with fossil fuels

Energy security comes from using local, renewable resources to power, heat and cool communities, as Ukraine is doing

The Guardian - US

German 10-year bond yield stays at 15-year high amid global bond rout

Global bond markets are experiencing a selloff. Investors are concerned about rising energy prices due to the Middle East conflict. This could fuel inflation and lead to further interest rate hikes. German 10-year bond yields have reached a 15-year high. Italian 10-year yields are also up. European Central Bank head…

The Economic Times

Iranian Nobel laureate Narges Mohammadi released from hospital

Iranian Nobel Peace Prize laureate Narges Mohammadi has been released from the hospital after more than two weeks

The Independent UK

Iran is ‘dying to sign a deal’ claims Trump as Tehran makes new demands

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The Independent UK

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The Independent UK

The impact Iran war could have on Ryanair flight prices this summer

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The Independent UK

Marjorie Taylor Greene warns of ‘revolution in America’ if Trump sends troops into Iran

Former Trump ally has been a hardline opponent of the U.S. war with Iran, questioning the president’s ‘mental state’ days after the opening salvos

The Guardian - UK

Oil prices rise and bonds wobble as Iran war stokes inflation fears

Trump warning over peace talks drives up crude price as UK gilts hit by uncertainty over Starmer leadership

The Times of India

Trump’s cryptic Gulf map with red arrows at Iran sparks fresh war fears

US President Trump has ignited controversy by tweeting a provocative map aimed at Iran, declaring that 'the clock is ticking' in reference to potential military engagement. This revelation comes on the heels of his discussions with Israeli PM Netanyahu, signaling escalating tensions.

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The Guardian - AU

UAE restores power to Barakah nuclear plant after drone strike, says IAEA – as it happened

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The Independent UK

Ryanair issues air fare warning due to soaring fuel costs sparked by Iran war

Ryanair has adjusted its summer fare projections while revealing it has secured pricing for 80% of its jet fuel needs

Evening Standard

Ryanair sees fares and costs under pressure due to Iran war

The Irish carrier now expects air fares in the key summer months to remain largely flat.

Fortune

President Trump on being America's CEO-in-chief, making 'deals that no normal person would make'

In a wide-ranging interview, Trump explains how the Iran war could delay his interest-rate plans, why he regrets asking for only 10% of Intel, and what will happen to America’s dealmaking empire when his term is over.

The Independent UK

Trump warns Iran that ‘TIME IS OF THE ESSENCE’ for peace deal

President Donald Trump has warned Iran in a Truth Social post that “TIME IS OF THE ESSENCE” for the country’s leaders to reach a peace agreement and it will face a “very bad time” if a deal is not signed. The warning follows a drone strike that sparked a ⁠fire…

The Economic Times

Hindustan Zinc shares crack 7% in two sessions. What’s behind the sharp slide?

Hindustan Zinc shares fell as silver prices crashed sharply on Multi Commodity Exchange of India. MCX silver plunged over Rs 5,000 per kg in a day and has corrected nearly 13% from recent highs following the government’s import duty hike, amid rising Iran war tensions and fading hopes of a…

Radio France Internationale

G7 ministers meet in Paris to seek common ground on China and Middle East war

Finance ministers and central bankers from the G7 nations gather on Monday in Paris where they will try and settle differences on everything from the stalemate in Iran, securing supply chains for critical minerals and the oil-price shock. As host, France will try and keep the plates spinning.

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