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The Latest Breaking News from Iran

US Diplomatic Facility In Iraq Struck By Drone — Staff Ordered To 'Duck And Cover'

A drone struck a US diplomatic facility near Baghdad airport, forcing staff to take cover amid rising regional tensions and Iran-backed militia threats.

International Business Times UK

‘Stunned, sidelined and disunited’: how war in the Middle East paralysed the EU

Amid fears the conflict will strengthen Russia, Ursula von der Leyen’s embrace of US-backed regime change already looks like a doomed strategy

The Guardian - UK

Dollar Mildly Higher as T-note Yield Rises

The dollar index (DXY00 ) is up +0.17% on support from today's +4.7 bp rise in the 10-year T-note yield, which supported the dollar's interest rate differentials. Also, today's +4% rally in WTI crude oil prices is hawkish for Fed policy and supportive of the dollar. Today's US CPI report...

Barchart

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Iran threatens Nvidia, Microsoft, other tech companies with strikes over alleged attack on Tehran bank — says that economic centers and banks are now considered legitimate targets

Iranian media just released a list of potential economic targets, including offices and infrastructure of Nvidia, Google, Microsoft, Oracle, IBM, and more in the Middle East.

Tom’s Hardware

US Justice Department digs into Iran's sanctions evasion via Binance

The US Justice Department has begun investigating Iran’s alleged use of Binance to circumvent sanctions, especially funds transferred through the crypto exchange to finance terrorist organisations like Yemen’s Houthi militants.

Euronews

Iran’s sports minister rules out World Cup participation – reports

Iran are due to play all three of their group games at this summer’s finals in the United States.

The Independent UK

Largest-ever emergency oil release approved to address Iran war crisis and global supply fears

It’s a larger stock than the 182.7 million barrels that were released in 2022 in response to Russia’s full-scale invasion of Ukraine

The Independent UK

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International Energy Agency to release record oil reserves to calm markets

The conflict in Iran has halted shipments through the Strait of Hormuz and pushed the price of oil and gas sharply higher.

The Independent UK

Iran War Sparks Largest Ever Oil Reserve Release

The International Energy Agency unanimously agreed to release 400 million barrels of oil from emergency reserves in response to the Iran war.

International Business Times

Al-Quds day march organisers ‘closely associated with the Iranian regime’, home secretary says

Shabana Mahmood has approved a request by Metropolitan Police to ban al-Quds day march in London

The Independent UK

Iran Sports Minister Rules Out 2026 World Cup Participation

FIFA president Gianni Infantino suggested the exact opposite only hours earlier.

Sports Illustrated

Pentagon disclosed only 8 serious injuries in Iran, but a leaked casualty figure – nearly 20 times higher – forced them to come clean

The cat’s out of the bag.

We Got This Covered

Jimmy Kimmel on Pentagon splurging on doughnuts: ‘Is this My 600lb Defense Department?’

Late-night hosts discussed Trump’s mixed messaging on Iran, the Melania documentary and a ‘cult’ of Maga footwear

The Guardian - US

Trump gives biggest hint yet that he could end Iran war soon

IN FULL

The Independent UK

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Barchart

History Tells Us That Silver Prices Could Plunge Much, Much Farther Despite U.S.-Iran Conflict

Silver is normally seen as a safe-haven asset, but it's dropped 37% in just a week. If historical trends are anything to go by, analysts are expecting the metal to keep on falling for the foreseeable future.

The Times of India

‘Will end any time I want it to end’: Donald Trump says Iran war could stop ‘soon’; claims US has little left to target

US President Trump declared the war with Iran could end soon, claiming significant damage to Tehran's military. He stated US forces are ahead of schedule, having destroyed Iranian mine-laying boats in the Strait of Hormuz. Despite his optimism, US and Israeli officials indicate preparations for further strikes continue, with Iran…

Latin Times

Trump Says War In Iran Will End 'Soon' Because There Is 'Practically Nothing Left To Target'

President Donald Trump said the war in Iran will end "soon" because there is "practically nothing left to target," according to a new report.

The Guardian - UK

Countries must seek energy independence through renewables and nuclear, says John Kerry

Former US secretary of state says oil shock driven by war in Iran highlights dangers of reliance on fossil fuels

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The Independent UK

Trump says ‘practically nothing left to target’ in Iran and the war will end when he chooses

President Donald Trump says bombing campaign against Tehran will be over ‘soon’ and insists: ‘Any time I want it to end, it will end’

We Got This Covered

Energy Secretary falsely claimed Navy escorted tanker through Strait of Hormuz – markets lost $84 million while he tried to backtrack

Gave the market false hope.

Latin Times

Republican Sen. Hawley Urges Trump To 'Declare Victory' In Iran, Says Tehran Won't Be Able To Build a Nuclear Weapon

Republican Sen. Josh Hawley urged President Donald Trump to "declare victory" in Iran, saying the war's goals have been achieved.

The Independent UK

Inflation stays stubbornly elevated as Americans brace for Iran war price spikes

IN FULL

Axios

Trump tells Axios there's "practically nothing left" to target in Iran

"Little this and that... Any time I want it to end it will end," Trump said.

International Business Times UK

Iran Oil Blockade: Donald Trump Vows Military Action at 'Level Never Seen Before'

Donald Trump has warned Iran that failure to remove any mines potentially placed in the Strait of Hormuz could prompt unprecedented military consequences, after reports that Iran may have begun laying mines in the crucial waterway through which about 20%t of the world's oil supply passes daily.

Euronews

IEA approves largest-ever oil reserve release of 400m barrels amid Iran crisis

The 32-member International Energy Agency has unanimously agreed to release 400 million oil barrels from its global strategic reserves in an attempt to prevent supply disruptions and ease market fears caused by Iran war shortages.

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