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The Latest Breaking News from Iran

China and US hold last-minute trade talks to ‘sound each other out’ ahead of Trump-Xi summit

Officials from both sides meet at South Korea’s Incheon airport after separate meetings with president Lee Jae Myung

The Independent UK

China urges Pakistan to step up Iran-US mediation: Chinese media

China is pushing Pakistan to boost its role in mediating talks between Iran and the United States. This comes as discussions focus on stability in the Strait of Hormuz. Meanwhile, a US Senator has voiced doubts about Pakistan's neutrality. These concerns arise from reports of Iranian military aircraft being allowed…

The Economic Times

Why Experts Fear India’s Toughest Economic Phase Yet

A single statement from banker Uday Kotak has suddenly sparked fear across India’s business and financial circles. “The shock is coming,” he warned while speaking about the growing Iran conflict and India’s dangerous dependence on imported oil. At first, it sounded like just another economic caution. But when India’s top…

MyLifeXP

From analysis to the latest developments in health,
read the most diverse news in one place.

'I don’t think about Americans’ financial situation': Trump says only thing that matters is deal with Iran

President Trump stated that American financial struggles will not influence his Iran negotiations, emphasizing that preventing Iran from obtaining a nuclear weapon is his sole priority. White House Communications Director Steven Cheung affirmed that Trump's ultimate responsibility is American safety and security, as Iran acquiring a nuclear weapon would threaten…

The Times of India

Oil prices fall after three-day rally as Trump heads to China

President says he doesn't think he’ll need Beijing’s help to end the US-Israeli war against Iran

The Independent UK

Trump in China: Can America keep up in the AI Cold War and what will be discussed in tech?

As Trump heads to Beijing for a summit with Xi Jinping, AI-enabled warfare, cybersecurity and the deepening US-China tech rivalry are set to dominate talks, even as a breakthrough deal on semiconductors looks unlikely.

Euronews

Pentagon says US has spent $29 billion on Iran war so far, amid concerns over weapons stockpiles

Defence Secretary Pete Hegseth came under intense questioning by Democratic and Republican lawmakers over the cost of war, Trump's end game and diminishing weapons stockpiles.

Euronews

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US grocery prices rose in April, but gas spikes weren't the only reason

Americans paid more for their groceries in April, but high gas prices were only one of the reasons why

The Independent UK

Saudi Arabia launched secret retaliatory airstrikes on Iran during regional war: Report

Saudi Arabia conducted unpublicized airstrikes on Iran in late March, marking the first direct military action on Iranian soil in retaliation for attacks within the kingdom. This shift in approach followed Iranian strikes on Gulf Cooperation Council states, leading to an informal de-escalation understanding between Riyadh and Tehran.

The Times of India

Soaring inflation and plummeting economy test Iran's ability to withstand war and US blockade

The struggles of Iran's economy are testing its ability to withstand the war and defy Washington’s demands

The Independent UK

Trump lands in China for high-stakes summit with Xi Jinping, as Iran war looms over talks

The US president arrives with tech leaders including Elon Musk and Tim Cook, with trade, AI and Taiwan all set to be discussed

The Guardian - UK

Sensex rises 50 points, Nifty closes above 23,400 as markets snap 4-session losing streak; metal stocks shine

Indian stock markets ended in the green, with Sensex and Nifty snapping a four-session losing streak. This occurred despite the rupee hitting a fresh lifetime low. Metal stocks surged following a government hike in import duties, while IT stocks saw declines. Midcap and smallcap indices also recorded gains.

The Economic Times

US, China begin fresh trade talks in South Korea ahead of Trump’s Beijing visit

Senior officials from the US and China are holding trade talks in Seoul. This meeting precedes President Donald Trump's visit to Beijing. Discussions will cover trade items like soybeans and minerals. The ongoing conflict involving Iran is also on the agenda. Several top business leaders will accompany President Trump.

The Economic Times

Some Japanese snack packages are turning black-and-white as Iran war depletes ink supply

The packaging on some snacks in Japan is turning a somber black-and-white, as the war in Iran disrupts the supply of an ingredient in colored ink

The Independent UK

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The Economic Times

From India to China, a look at what governments worldwide are doing to shield households from rising energy costs

Governments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measures include fuel tax adjustments, reserve releases, external financing, subsidies, tax cuts, and energy conservation efforts. Countries are also exploring increased use of domestic resources and alternative energy sources.

International Business Times UK

'Bing. Bing. Gone.' Trump Shares AI Laser Attack Images on Iran as Pentagon Tech Official Posts Matching Message

Donald Trump shared an AI-generated image of a US warship using laser weapons against Iranian targets, sparking debate amid ongoing tensions in the Strait of Hormuz.

The Conversation

A real ‘intergenerational equity’ budget would address our unceasing environmental decline

Last night, Labor unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform. It comes at a time where politics is consumed with the international shocks created by US President Donald Trump, whether through chaotic tariff announcements or the US-Israel war with Iran.

The Independent UK

Iran-US war latest: Tehran vows ‘no place for retreat’ over Strait of Hormuz despite Vance claiming progress

Iran plans to double its income through the vital shipping route as global oil and gas supplies remain upended

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The Economic Times

Oil Price Today (May 13): Crude oil snaps 3-day fall ahead of Trump’s China visit. What are experts saying?

Oil prices dipped after a three-day climb as investors monitored the fragile Iran ceasefire and an upcoming U.S.-China summit. The Strait of Hormuz remains effectively shut, impacting global supply and raising inflation concerns, with analysts warning of further price surges if disruptions persist.

The Economic Times

Gold steady with US-China summit, MidEast developments in focus

Gold prices remained stable in early Asian trade. Investors are awaiting a key U.S.-China summit in Beijing. Developments in the Middle East conflict are also being closely watched. U.S. President Donald Trump commented on the Iran war. Oil prices saw a dip. U.S. consumer inflation increased. India has raised import…

The Economic Times

Trump says stopping Iran's nuclear program outweighs Americans' economic pain

President Trump stated that Americans' financial struggles are not a factor in his decision-making regarding Iran, emphasizing that preventing Tehran from acquiring a nuclear weapon is his sole priority. This stance comes as rising energy costs linked to the conflict contribute to inflation and voter concerns ahead of the midterm…

The Economic Times

Gold Price today: Will gold rate crash on Wednesday? Donald Trump holds key

Gold rate today: Reopeing of Strait of Hormuz and lasting peace in Iran will play pivotal role in dictating gold price.

The Economic Times

Dalal Street set for firm start as GIFT Nifty edges higher

Indian markets extended losses for the fourth consecutive session amid escalating US-Iran tensions and global market nervousness. Investors remained risk-averse, leading to sustained selling. Market sentiment is expected to stay fragile until geopolitical clarity emerges and energy prices stabilize.

The Economic Times

With ceasefire talks stalled, Trump and Hegseth claim 'control' over Iran and Strait of Hormuz

Kuwait alleges Iran attempted an attack on Bubiyan Island. This incident occurs as U.S. President Trump visits China. Tensions are high in the Persian Gulf. Israel has deployed air defense to the UAE. The Strait of Hormuz remains a critical point of contention. Norway reports stranded vessels due to shipping…

The Independent UK

Sponsors were asked to shell out $1 million for Sean Duffy’s road trip reality show. Corporations came speeding in

Perks for sponsorship include featured placement in episodes alongside Duffy, who regulates some of the companies backing the program

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