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The Latest Breaking News from Iran

S&P 500 and Nasdaq 100 Rally to Record Highs on Earnings Optimism

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +1.02%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.62%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.98%. June E-mini S&P futures (ESM26 ) rose +1.01%, and June E-mini Nasdaq futures...

Barchart

High oil prices due to the Iran war weigh on everything from the gas pump to consumer goods

As the Iran war enters its third month, consumers are paying for its disruption of worldwide energy production

The Independent UK

Trump administration says hostilities in Iran ‘terminated’ ahead of war powers deadline

US president faced a 60-day deadline on Friday to end the Iran war or make the case to Congress for extending it

The Guardian - US

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Hegseth blames the media and ‘defeatist Democrats’ for lack of public support for Iran war

Pete Hegseth lashed out at "defeatist Democrats" for "clouding the minds of the American people" in their attitudes to the war in Iran.

The Independent UK

Trump claims Iran is ‘dying’ to make a deal despite chilling new threat by supreme leader

President Donald Trump has insisted Iran is “dying” to make a deal despite major setbacks in peace talks and a chilling new threat from the Iranian supreme leader.

The Independent UK

Gianni Infantino affirms at the FIFA Congress that Iran will participate in the World Cup

FIFA President Gianni Infantino opened his address at the FIFA Congress by affirming that Iran will participate in the World Cup and that the team will play in the United States despite the conflict between the two nations

The Independent UK

Dollar Weakens as Japan Intervenes in Forex Market to Support the Yen

The dollar index (DXY00 ) on Thursday tumbled to a 1.5-week low and finished down by -0.95%. Thursday’s +2% rally in the yen weighed on the dollar after the Nikkei reported that the Japanese government and the BOJ conducted yen-buying operations. Earlier on Thursday, Japanese Finance Minister Satsuki Katayama warned...

Barchart

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Experts Push Back Against Trump's Claims that Iran's Oil Infrastructure Could 'Explode' Soon

President Donald Trump's claim that Iran's oil pipelines could soon "explode" under pressure from a U.S. blockade is drawing skepticism from energy analysts.

International Business Times

Crude Oil Prices Retreat on Signs of Weaker Global Energy Demand

June WTI crude oil (CLM26 ) on Thursday closed down -1.81 (-1.69%), and June RBOB gasoline (RBM26 ) closed up +0.0228 (+0.63%). Crude oil and gasoline prices settled mixed on Thursday, with gasoline soaring to a 3.75-year high. Crude oil gave up an early advance and fell sharply on Thursday...

Barchart

Trump aide Josh Gruenbaum dropped from Ukraine, Iran roles: Here's why he was sidelined

Josh Gruenbaum, formerly an adviser to Jared Kushner and Steve Witkoff on Russia-Ukraine and Iran policy, will now exclusively focus on Gaza Strip issues through the independent Board of Peace. This shift follows internal concerns about his working style, reducing his responsibilities from key foreign policy matters.

The Times of India

Iran to play World Cup 2026 games in United States as planned, Fifa president Infantino says

His comments follow recent uncertainty stemming from the Iran war following US and Israeli airstrikes in the country on 28 February

The Independent UK

Gianni Infantino tells Fifa congress that Iran will play at World Cup in US as planned

Iran’s participation had been in doubt following US and Israeli attacks on the country that killed Ayatollah Ali Khamenei

The Guardian - UK

UK raises terror threat level to severe after two Jewish men stabbed in north London

Severe is the second-highest rung on a five-point scale and means intelligence agencies consider an attack highly likely in the next six months.

Euronews

Pete Hegseth looked bad in the House. He looks even worse in the Senate

ANALYSIS: Watching Hegseth try and answer these probing questions from restrained experts was like watching Buzz Lightyear realize he isn't really a spaceman, writes Holly Baxter

The Independent UK

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Fortune

America shot its arsenal empty in 2 wars. Now it needs Beijing's permission to reload

The Iran and Ukraine conflicts have drained U.S. missile stockpiles — and restocking requires rare earth materials that China controls with an iron fist.

The Guardian - US

Hegseth ‘dangerously exaggerated’ US military triumph in Iran, Senate hears

Senator Jack Reed says at hearing that defense secretary failed to give Trump accurate picture of war in Iran

AAP

Hopes of wartime windfall shot down for federal budget

The federal treasurer is being urged not to grandfather tax breaks for asset-holders in the budget as the economic impact of the Iran war worsens.

International Business Times

Oil Shock From Iran Conflict Pushes Global Economy Toward Stagflation Risk: Analysis

A sustained energy supply shock is reshaping global economic expectations, with analysts warning that inflationary pressure and slowing growth are increasingly moving in tandem across major economies.

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Fortune

Your laundry bill is about to get more expensive—and Unilever says the Iran war is partly to blame

“There will be frequent price increases, but in small doses,” Unilever CFO Srinivas Phatak told analysts on Thursday.

Euronews

Trump launches fresh tirade against Merz after troop withdrawal threat

Trump's barrage of criticism comes in response to Merz's comments on Monday that the US was being "humiliated" by the Iranian leadership.

The Independent UK

Average US long-term mortgage rate rises to 6.3%, ending a 3-week slide

The average long-term U.S. mortgage rate rose this week, pushing up borrowing costs for prospective homebuyers in the midst of the spring homebuying season

The Times of India

The week that was in international affairs: UAE to exit Opec; Ukraine makes Russia jittery

UAE exits Opec, impacting global oil dynamics amid regional tensions. Ukraine escalates attacks on Russia, forcing Moscow to scale back Victory Day parades. King Charles' US trip strengthens UK-US ties. Syria begins its first transitional justice trial. China pressures African nations, forcing Taiwan's President to cancel a trip.

The Independent UK

The Latest: Hegseth faces a second day of Democrats grilling him over the Iran war

Defense Secretary Pete Hegseth faces a second day of grilling from Democrats on Capitol Hill, with senators getting their first opportunity to confront or praise the Pentagon chief over his handling of the Iran war

The Independent UK

Tax refunds and AI boom have offset some US economic pain from Iran war and high gas prices, so far

Americans are paying for the war in Iran with every visit to the gas station, but some of the damage to the U.S. economy is being offset — for now anyway — by big tax refunds and an investment boom driven by artificial intelligence

The Guardian - UK

Trump tells Merz to ‘fix his broken country’ in new attack on German chancellor

US president’s latest outburst comes a day after he suggested a ‘possible reduction’ in US troops in Germany

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