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The Latest Breaking News from Iran

UAE says air defences engaging with Iranian attacks – as it happened

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The Guardian - UK

Warning ‘dramatic’ rise in food prices ahead as farmers feel the squeeze from Iran war

Fertiliser costs ‘problem for the world’, warns farming group controlled by Duke of Westminster

The Independent UK

Saudi Arabia forced Trump to pause Project Freedom after suspending US access to bases and airspace: report

The scheme is said to have angered Saudi leadership who were not consulted in advance

The Independent UK

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Iran could strangle Strait in future crisis, ex-Trump envoy warns

After more than two months of war between the US and Iran, a deal appears in sight to end hostilities and reopen the Strait of Hormuz, one of the world's vital shipping routes. However, former Trump official Kurt Volker says the conflict has effectively handed control of the Strait to…

Euronews

Is Cuba next? US warns Havana is ‘a national security threat’ as Trump ramps up pressure

Marco Rubio said the likelihood of a diplomatic resolution is ‘not high’ given the current leadership

The Independent UK

Shell under fire over ‘outrageous’ profits after boost from soaring oil prices

Campaigners took aim at the group over its profits at a time when households and businesses are suffering from painful price rises.

Evening Standard

AirAsia bets big on efficiency with order for 150 Airbus A220 jets listed for $19 billion

Budget airline AirAsia has announced an order for 150 Airbus A220-300 jets, valued at about $19 billion at list prices

The Independent UK

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Vatican stresses need for peace as Rubio meets pope amid strained relations

US secretary of state speaks with Leo and officials after tensions following attacks by Trump over Iran war

The Guardian - UK

Iran war briefing: Tehran mulls US peace plan after Israel attacks Lebanon

IN FULL

The Independent UK

Laura Loomer Claims FBI Warned Her of Iranian Assassination Plot as US-Iran Cyber War Intensifies

Laura Loomer says the FBI informed her she is being targeted by Iran, raising fresh questions about how far Tehran's cyber and physical operations now reach beyond government officials.

International Business Times UK

JD Sports warns Iran war could push up price rises

The retail chain closed 24 stores, on a net basis, in the UK over the past year

The Independent UK

Financial stability risks are rising as AI fuels cyber-attacks, IMF warns; oil below $100 on Iran peace hopes – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Shell profits rocket above £5bn for three months amid surging oil prices due to Iran war

The oil giant reported a 24% rise in underlying earnings to 6.92 billion US dollars (£5.09 billion)

The Independent UK

Shell profits soar amid surging oil prices because of Iran war

The oil giant reported a 24% rise in underlying earnings to 6.92 billion US dollars (£5.09 billion).

Evening Standard

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news in one place.

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The Guardian - UK

Climate campaigners attack Shell over ‘windfall’ profits from Iran war

Firm benefits from conflict to rake in $6.9bn as higher energy prices turbocharge profits

International Business Times UK

Iran Two Weeks Away': Trump Sparks Outrage By Discussing War Threats In Front Of Kids

President Trump sparked controversy by discussing Iran's nuclear threat with schoolchildren, claiming Iran was close to developing a nuclear weapon. The remarks drew criticism for being inappropriate

Euronews

Oil drops below $100 while markets rise as US and Iran near a deal

Brent crude has fallen below $100 a barrel while Asian markets reached new all-time highs and European stocks rose at the open on reports that the US and Iran are nearing a deal for the gradual reopening of the Strait of Hormuz.

The Economic Times

Seth R Freeman on why global markets continue to climb amid West Asia conflict

Global markets are ignoring geopolitical tensions, focusing instead on robust corporate earnings and the excitement around artificial intelligence. Investor sentiment is positive on Wall Street and in parts of Asia. Strong financial sector performance and gains in technology companies are driving this optimism. This trend suggests a market prioritizing growth…

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The Independent UK

Oil prices fall towards $100 as Trump suggests Strait of Hormuz could be ‘open to all’

IN FULL

The Independent UK

It’s time for mass non-violent protests against Israel, says Palestinian ambassador to UK

WORLD OF TROUBLE: Husam Zomlot, Palestine’s new ambassador to London, talks of his childhood in Gaza and calls for mass non-violent protests and South African-style sanctions against Israel with Sam Kiley in the World of Trouble podcast

The Independent UK

Oil prices fall sharply towards $100 on hopes of Iran deal

Iranian foreign ministry spokesperson says US proposal is still being considered

The Guardian - UK

Cut UK speed limits to reduce Iran war impact on consumers, thinktank urges

Cap of 20mph in towns and cities and 60mph on motorways would cut fuel demand and combat rising prices, IPPR says

The Economic Times

Silver rockets Rs 4,000/kg, Gold near Rs 1.53 lakh/10g as Iran war peace talk optimism sparks rally. What’s next for investors?

Gold and silver prices rose on MCX on Thursday, aided by a weaker dollar and optimism over a potential US-Iran peace deal. Iran said it is reviewing a US proposal to end the conflict, though key issues around its nuclear programme and the Strait of Hormuz remain unresolved.

Euronews

Iran reviewing US proposal on deal to end war as Trump ramps up pressure

A fragile ceasefire between the US and Iran has largely held since 8 April but in-person talks between the two countries hosted by Pakistan last month failed to reach an agreement.

The Independent UK

‘Families fight’: Pope Leo’s older brother tells CNN how the siblings remain close amid fresh attacks from Trump

Pope Leo and his brothers, John and ‘MAGA-type’ Louis, talk at least once a week, despite how they may differ in political views

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