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The Latest Breaking News from Iran

Iran says ready to 'teach a lesson' if attacked after Trump called Tehran's latest peace proposal 'piece of garbage'

Iran's armed forces are prepared to retaliate after President Trump rejected Tehran's ceasefire proposal, escalating regional tensions. The dispute over the Strait of Hormuz, a critical oil route, has already caused significant energy supply shocks and threatens global food security, with the UN warning of a potential humanitarian crisis.

The Times of India

7 films to help you understand Iranian women’s fight for freedom

For women in Iran, life changed dramatically after the 1979 Iranian Revolution.

The Conversation

US stocks today: S&P 500 inches to higher close, AI fervor edges out Iran impasse

US stocks closed slightly higher as AI-driven momentum lifted semiconductor shares, even as rising crude prices and stalled US-Iran talks kept inflation worries alive. Strong earnings supported sentiment, with over 80% S&P 500 firms beating estimates. Focus now shifts to US inflation data and key macroeconomic indicators this week.

The Economic Times

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Trump to cut federal fuel tax as motorists count cost of Iran war at the pump

Petrol prices in the US have risen by more than 50% since the start of the Middle East conflict, feeding domestic discontent

Evening Standard

Dollar Edges Higher on Crude Oil Strength

The dollar index (DXY00 ) on Monday rose by +0.05%. The dollar was supported on Monday by increased safe-haven demand after the US and Iran failed to reach terms to end the war. Also, Monday's +2% jump in crude oil prices boosted inflation expectations and may prompt the Fed to...

Barchart

Strait of Hormuz Closure Pushes Crude Prices Higher

June WTI crude oil (CLM26 ) on Monday closed up +2.65 (+2.78%), and June RBOB gasoline (RBM26 ) closed up +0.0731 (+2.07%). Crude oil and gasoline prices settled sharply higher on Monday after President Trump rejected Iran's response to his latest peace proposal, which prolongs the closure of the Strait...

Barchart

Trump Says Iran Deal Is In 'Life Support' After 'Unbelievably Weak' Response From Tehran

President Donald Trump said on Monday that negotiations with Iran to end the war are in "life support" after the regime's "unbelievably weak" response to Washington's latest proposal.

International Business Times

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Trump vows to pause federal gas tax after Iran war boosts US fuel prices to four-year high

National average for gas prices has risen by well over a dollar a gallon since late February

The Guardian - US

Trump says ceasefire with Iran on ‘life support’ after rejecting peace proposals

US president says he is considering restarting naval escorts in strait of Hormuz in attempt to end Iranian blockade

The Guardian - UK

‘Down to zero’: Netanyahu told ’60 Minutes’ he wants to cut Israel’s $3.8 billion annual U.S. financial support, and wants to start immediately

American taxpayers should be celebrating.

We Got This Covered

Why is Putin now talking about the war in Ukraine ‘coming to an end’?

Drone strikes, mounting casualties and a distracted US president means a slow-motion victory is in doubt

The Guardian - UK

Trump says US-Iran ceasefire on 'life support'; calls Tehran's latest proposal 'piece of garbage'

US President Donald Trump on Monday said the ceasefire with Iran was “on life support” after he rejected Tehran’s response to its proposal, raising fears of renewed escalation in the 10-week-old conflict that has remained under a fragile ceasefire since April 8.

The Times of India

‘The Iran war isn’t going very well’: Rogan exposes Trump’s UFO stunt as a last-ditch cover-up for military failure

The Trump administration just dropped a massive batch of UFO files, and Joe Rogan is calling it a distraction from a war that’s “not going very well.” According to The Hill, the Pentagon released hundreds of declassified documents on May 8, 2026, including reports of unidentified anomalous phenomena dating back…

The Mary Sue

Trump weighs military action against Iran with ceasefire "on life support"

The president and his national security team meet to discuss next steps.

Axios

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The Independent UK

‘Military genius’: Trump defends his Iran plan in lash back to critics but admits ceasefire is ‘on life support’

President suggests bombing could resume after he rejects Iranian peace proposal

Evening Standard

Mixed day for stocks as oil prices climb amid ongoing Iran-US deadlock

The continued stalemate between the US and Iran dashed investors’ hopes of an imminent peace deal and heightened concerns over oil supply disruption.

Reason

How Much Has the Iran War Actually Cost? A Lot More Than $25 Billion.

Direct military costs have exceeded $70 billion by one estimate, and Americans have paid more than $37 billion in higher energy costs since the war began.

Latin Times

Netanyahu Acknowledges 'Responsibility' for October 7 Attack Against Israel: 'Everybody Has a Share'

The Israeli Prime Minister also signaled that military operations against Iran could resume if Israel determines Tehran continues advancing its nuclear program

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The Guardian - UK

UK government borrowing costs rise as Starmer ‘fails to reassure bond markets’ – as it happened

Yields on 10- and 30-year British government bonds have risen today, as investors digest possibility of leadership challenge

The Times of India

$200 million divorce battle: Iranian heiress accused of shielding family assets to block husband’s claims in California

An Iranian heiress has been accused of shielding millions of dollars in assets from her husband in a $200 million divorce battle, according to new court filings in California.

The Guardian - UK

UK borrowing costs rise as Starmer speech fails to dispel investor ‘jitters’

Bond yields creep higher on concerns about potential for political instability and rising inflation

The Guardian - UK

First Thing: Trump calls Iran’s response to peace plan ‘totally unacceptable’ as ceasefire frays

President’s remarks came as Benjamin Netanyahu said the war was ‘not over’. Plus, American passengers of the hantavirus-stricken cruise ship travel to Nebraska

The Economic Times

Second Qatari LNG tanker heads through Hormuz to Pakistan as Iran war continues, data shows

A second Qatari LNG tanker, Mihzem, is transiting the Strait of Hormuz to Pakistan under an Iran-approved deal, following the Al Kharaitiyat's passage. This arrangement, facilitated by Pakistan's mediation role, allows Qatari cargoes to cross the waterway on a case-by-case basis amid conflict risks.

Tom’s Hardware

IRGC-linked media outlines plan to tax and control undersea internet cables in the Hormuz Strait — Iran's mouthpiece calls for a cut of $10 trillion of transactions that pulse through the cables daily

The oil and shipping choke point of the Strait of Hormuz looks set to become a digital pressure point with internet cabling under threat.

The Times of India

Iran says US must end 'one-sided pressure', calls its proposal 'generous'

Iran's foreign ministry has urged the US to abandon its "one-sided approach" and accept Tehran's "legitimate demands." These include ending hostilities, lifting blockades, and releasing frozen assets. Spokesperson Esmaeil Baghaei stated Iran's proposals are reasonable and aim for regional stability, accusing the US of "maximum pressure" and blaming its actions…

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