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The Latest Breaking News from Iran

UK bond yields leap as Burnham sees possible route to power

Borrowing costs for governments around the world were ⁠rising on Friday ‌on renewed worries about the inflationary impact of the Iran war.

The Economic Times

Iran war briefing: Israeli strikes on Lebanon kill at least 31 in heaviest night of bombing in weeks

IN FULL

The Independent UK

Xi-Trump summit: reset for US-Chinese relations but tension over Taiwan remains

The initial top line emerging from the Trump-Xi summit in Beijing was that while the two leaders had talked trade, technology and the US war in Iran, the most potentially hazardous issue was Taiwan. The Chinese foreign ministry reported that the Chinese president, Xi Jinping, told the US president, Donald…

The Conversation

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After an opaque summit, China and the US want to work together again. That might not be good news for the world

Back in 2005, US economist Fred Bergsten coined the term “Group of 2” or “G2”, proposing a stronger partnership between what are now the world’s two largest economies – the United States and China.

The Conversation

Chinese Firms Used AI Satellites to Show Iran Exactly Where US Troops Were Stationed in the Middle East

The US sanctioned three Chinese satellite firms for using AI to identify and publish the locations of American military assets, giving Iran targeting intelligence for the cost of a subscription.

International Business Times UK

Trump says he and China's Xi agree Iran cannot have nuclear weapons

Trump and Xi Jinping also discussed keeping the Strait of Hormuz open for global shipping. Tensions remain high as the conflict continues. Recent incidents involve a sunk cargo vessel and a ship boarded by unauthorised personnel. Diplomacy is currently stalled.

The Economic Times

Iran claims UAE 'active partner' in US-Israeli attacks

Iran's Foreign Minister Abbas Araghchi accused the United Arab Emirates on Thursday of playing an active role in the US-Israeli war against his country.

The Economic Times

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Trump leaves China without breakthroughs on Iran, Taiwan or AI

US president hails ‘fantastic’ deals, but details remain scarce after pageantry and little progress at much-hyped summit with Xi

The Guardian - US

The Latest: Trump wraps up China visit and holds private meeting with Chinese leader Xi Jinping

U.S. President Donald Trump wraps up his visit to Beijing with a private meeting at Chinese leader Xi Jinping’s official residence before he departs for Washington

The Independent UK

Iran eyes fees on Hormuz internet cables as new lever against the West

IRGC-linked media have called on Tehran to impose fees on submarine cables through the Strait of Hormuz and monitor global data traffic, citing claimed sovereignty over the waterway.

Euronews

FBI Doubles Down on Finding Monica Witt, the American Spy Who Gave Iran Names of Undercover US Agents

The FBI announced a $200,000 reward for Monica Witt, the former Air Force spy who defected to Iran with the real names of undercover US intelligence personnel.

International Business Times UK

Trump aims to defy gravity with Beijing friendship summit

Nearly every force shaping the two countries' relationship is pulling them apart.

Axios

War worsens Lebanon's economic crisis with job losses, price gouging and slow business

The latest war between Israel and Hamas, and the closure of the Strait of Hormuz, have sent economic shock waves across the Mideast

The Independent UK

Global Market: Japan wholesale inflation hits 3-year high amid Iran oil shock

Japan's wholesale inflation surged to its fastest pace in nearly three years in April, driven by rising energy and commodity prices linked to the Iran conflict. This acceleration has intensified expectations that the Bank of Japan may raise interest rates as early as June, with markets pricing in a high…

The Economic Times

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Euronews

Trump and Xi wrap up summit claiming progress in stabilising ties but differences remain

The two leaders met on Friday at final talks of the superpower summit, which the US president said "settled a lot of different problems". Xi described Trump's visit as a "milestone visit".

The Times of India

‘Xi would also like to see the Hormuz Strait open’: Donald Trump on US-China talks

US President Trump revealed Chinese President Xi Jinping desires the Strait of Hormuz reopened to stabilize global energy markets. Both leaders reportedly agreed on the necessity of this crucial shipping route's resumption. Discussions also touched upon potential increased Chinese purchases of American oil and agricultural products, alongside ongoing tensions regarding…

The Economic Times

Trump says he is losing patience with Iran after talks with China's Xi

Iran war: The U.S. paused its attacks on Iran last month but began a blockade of the country's ports. Talks aimed at ending the conflict have stalled with Iran refusing to end its nuclear program or relinquish its ‌stockpile of enriched uranium.

The Independent UK

Iran-US war latest: Trump warns Tehran ‘clock is ticking’ after phone call with Netanyahu

A drone strike has sparked a ⁠fire at an electrical generator at the Barakah Nuclear Power Plant in Abu Dhabi

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The Economic Times

Iran war energy shock drives India's interest in ethanol and other biofuels

India and Southeast Asian nations are boosting biofuel use amid global fuel disruptions. This move aims to reduce reliance on imported oil and manage rising costs. However, challenges remain in developing supply chains and ensuring vehicle compatibility. Experts also highlight environmental concerns related to crop-based biofuel production. The shift towards…

The Economic Times

Oil Price Today (May 15): Crude oil above $105 as Iran war resolution stagnates. Where is liquid gold headed?

Oil prices climbed Friday amid fears of ship attacks and seizures, despite Iran's claims of safe passage through the Strait of Hormuz. Traders are also watching US-China trade talks closely. Geopolitical tensions remain high, with disruptions significantly tightening global oil supplies and potentially impacting prices until late 2027.

The Independent UK

Iran war energy shock drives interest in ethanol and other biofuels across hard-hit Asia

Nations across Asia are pushing for the use of more biofuels in transportation in order to slash dependence on imported fossil fuels, which have been disrupted by the Iran war

The Economic Times

Oil rises as fears of ship attacks and seizures persist

Oil prices saw an increase on Friday. Market worries persist regarding ship attacks and seizures. Iran stated many vessels passed through the Strait of Hormuz. U.S. and Chinese presidents continued their discussions in Beijing. A ship was reportedly seized off the United Arab Emirates. The U.S. and China agreed on…

The Economic Times

Donald Trump says China wants to buy oil, soybeans from US

President Trump announced China's intent to purchase US oil and soybeans following his meeting with Xi Jinping. Discussions also covered Visa's market access, trade deals, and regional security, including Iran and Taiwan. Trump described Xi as a direct and business-focused leader.

Radio France Internationale

Indian PM seeks trade, energy stability on UAE-Europe tour

Indian Prime Minister Narendra Modi began a five-nation tour on Friday, heading to the United Arab Emirates before Europe, overshadowed by energy and supply-chain worries due to the Iran war.

The Guardian - US

Trump news at a glance: a warm welcome and a cold warning as US president visits China

China keen to put Taiwan at the top of agenda that risks being overshadowed by US-Israel war on Iran and disagreements over trade – key US politics stories from Thursday, 14 May at a glance

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