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The Latest Breaking News from Iran

How South Korea plans to use the Iran crisis to spur a renewables revolution

Energy crisis unfolding in Middle East has added political urgency, and more funding, to transform South Korea’s solar industry

The Guardian - AU

Chancellor cuts bills for thousands more firms as she continues Washington talks

Rachel Reeves has stepped up criticism of US-Israeli military action in Iran.

Evening Standard

Rachel Reeves slashes bills for thousands of businesses as Iran war sparks rising costs

Rachel Reeves has recently stepped up criticism of US-Israeli military action in Iran

The Independent UK

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Sanders’ effort to block arms sales to Israel falls short in Senate

The Senate on Wednesday defeated, largely along party lines, an effort by Sen. Bernie Sanders, I-Vt., to advance two joint resolutions that would block the sale of $446.8 million worth of weapons and equipment to Israel. The first joint resolution would have disapproved a $295 million sale of D9R and…

Roll Call

US aircraft carrier breaks record for longest deployment since the Vietnam War

The world’s largest aircraft carrier, the USS Gerald R

The Independent UK

Pete Hegseth's 'No Mercy' Order Cited in Six-Article Impeachment Filing Over Iran Strikes

Representative Yassamin Ansari has filed impeachment articles against US Defence Secretary Pete Hegseth, citing constitutional violations and unauthorized military actions in Iran, sparking a political showdown.

International Business Times UK

Stocks hit record high as investors bet on Iran war optimism

Whether Wall Street’s optimism for peace is justified, and if current stock valuations are sustainable, remains to be seen

The Independent UK

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Chancellor to cut electricity bills for thousands more UK firms

Rachel Reeves announced the action to support firms after warning over the lingering impact of the Iran war.

Evening Standard

White House denies US sought truce extension, says new talks may happen in Pakistan

The White House denied formally requesting a ceasefire extension with Iran, despite ongoing diplomatic engagements. While cautiously optimistic about a deal, the US has made its "red lines" clear. Meanwhile, Pakistan's army chief visited Tehran with a potential new framework for talks, following previous negotiations that stalled over key issues…

The Times of India

Gianni Infantino adamant Iran will play in World Cup despite war with US

Fifa president Gianni Infantino says Iran will come to the World Cup this summer

The Independent UK

Morning Mail: Inside One Nation’s finances, Labor’s defence boost, and can the Rinehart rift heal?

Our investigation asks what has happened to public funds banked by Pauline Hanson’s party; plus will Gina Rinehart double down in her legal battle?

The Guardian - AU

US-Iran Peace Hopes Push the S&P 500 and Nasdaq 100 to Record Highs

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.80%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.40%. June E-mini S&P futures (ESM26 ) rose +0.79%, and June E-mini Nasdaq futures...

Barchart

Trump is sending 10,000 more troops to the Middle East as Iran standoff deepens - REPORT

The Trump administration is sending roughly 10,000 additional U.S. troops to the Middle East, a major military reinforcement that signals Washington is preparing for a deeper and potentially longer confrontation with Iran even as President Donald Trump insists the crisis could end soon.

Latin Times

Chevron executive asks Americans to drive less amid Iran war

Chevron executive Andy Walz suggested Americans could save money by driving less and trying to conserve energy. "People should try to drive less. They should try to conserve energy," Walz told CBS News when asked how Americans could try saving money at the pump. "We should be doing that all…

The Times of India

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We Got This Covered

‘Close to being over’: Donald Trump is speed running a peace deal with Iran as the war he chose is costing him everything

The naval blockade is still on, though.

The Independent UK

Pentagon ramps up plans for military operation in Cuba in case Trump orders direct intervention: report

Earlier this week, Trump said ‘we may stop by Cuba’ after the Iran war is resolved

The Guardian - US

Wall Street scales fresh record high as investors bet on end of Iran war

The S&P breached 7,000 points for the first time in history, in a rally that erased stark losses incurred at start of war

International Business Times

S&P 500, Nasdaq Composite Reach Record-High On Hopes End Of Iran War is Near

The S&P 500 reached a new record on Wednesday, extending gains seen throughout the week on investors' hopes that an end to the war in Iran could be near.

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The Mary Sue

Trump-loyalist Vance sees no problem in telling the Pope to ‘stick to matters of morality’ while he continues to promote his own book on Catholicism

Vice President J.D. Vance just drew a hard line between the Vatican and the White House, telling Pope Leo XIV to “stick to matters of morality” and leave American public policy to the president. The clash comes after the first American pope publicly criticized the administration’s stance on Iran and…

The Mary Sue

Major humiliation for Donald Trump as ships ignore his Hormuz blockade bluff and sail right through

Donald Trump’s high-stakes gamble to squeeze Iran by blockading the Strait of Hormuz just got a reality check. Within hours of the U.S. Navy’s supposed ironclad blockade taking effect, multiple ships — including some linked to Iran and even a Chinese tanker — sailed right through the waterway like it…

Fortune

Elizabeth Warren on her proposal to bring back IRS Direct File: ‘For just one day of bombing Iran, we could pay for 20 years’

“For years, giant tax prep companies like TurboTax and H&R Block have rigged our system so they can cash in on your hard-earned dollars.”

Axios

Trump would "welcome" Israel-Lebanon ceasefire: U.S. official

Trump would "welcome and be happy with an end of hostilities."

Fortune

‘I am certain’: Harvard policy expert warns the true cost of the Iran war to U.S. taxpayers will exceed $1 trillion

Linda Bilmes, along with economist Joseph Stiglitz, previously calculated the true cost of the 2003 Iraq war was at least fourfold greater than initially projected.

Barchart

Dollar Eases as S&P 500 Posts a Record High

The dollar index (DXY00 ) on Wednesday fell by -0.07%. The dollar fell slightly on Wednesday after the S&P 500 rallied to a new all-time high, reducing liquidity demand for the dollar. Also, geopolitical tensions eased and weighed on the dollar after the AP reported that the US and Iran...

Euronews

'Discussions are being had' on second round of Iran talks in Pakistan, White House says

Negotiators are focusing on three key points that derailed last weekend's talks, including Iran's nuclear programme, the Strait of Hormuz and compensation for wartime damages.

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