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The Latest Breaking News from Iran

Trump’s economy officially passes Biden’s for worst consumer sentiment in recorded history

The University of Michigan’s index plunged to 47.6 in April—shattering the prior floor set during the 2022 inflation crisis.

Fortune

Xi Jinping says the world order is ‘crumbling into disarray.’ Larry Fink and the IMF are worried about a global recession

The Iran war, trade chaos, and a shifting geopolitical landscape are converging into what could be the defining economic moment of the decade.

Fortune

Trump Slams Giorgia Meloni After Pope Clash, Calls Italian Leader "Unacceptable"

President Donald Trump slammed Italian Prime Minister Giorgia Meloni after she criticized him for his feud with Pope Leo XIV.

International Business Times

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Jet Fuel Shock From Iran War Sends Airline Costs Soaring, Triggers Global Travel Crunch

The war with Iran has sent jet fuel prices soaring, forcing carriers across Europe, Asia, and Australia to brace for a longer period of financial strain.

International Business Times

Dollar Pressured by Sliding Bond Yields and Rising Stocks

The dollar index (DXY00 ) fell by -0.26% on Tuesday and posted a 6-week low. The dollar came under pressure on Tuesday amid easing geopolitical concerns that knocked bond yields lower and sparked a rally in stocks. The US and Iran are in discussions on holding additional negotiations to extend...

Barchart

Israel and Lebanon have ‘wonderful exchange’ but remain in deadlock after first talks in decades

U.S. Secretary of State Marco Rubio called the talks a "historic opportunity" but made it clear that no immediate breakthrough agreement was anticipated

The Independent UK

Israeli ambassador hails 'wonderful exchange' following talks with Lebanon

Lebanon was pulled into the region-wide Iran war on 2 March after Hezbollah attacked Israel, it said in retaliation for the killing of Iran’s supreme leader, Ayatollah Ali Khamenei.

Euronews

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Crude Prices Fall on Hopes Diplomacy Can End US-Iran War

May WTI crude oil (CLK26 ) on Tuesday closed down -7.80 (-7.87%), and May RBOB gasoline (RBK26 ) closed down -0.0765 (-2.46%). Crude oil and gasoline prices fell sharply on Tuesday in hopes that the US and Iran would extend peace negotiations. Crude prices extended their losses on Tuesday after...

Barchart

White House insiders share memes showing changing mood within the administration: report

After a busy start to the week for the White House, some of those working inside the administration described how they were feeling in meme-form

The Independent UK

‘Let that sink in’: Netanyahu openly bragged JD Vance calls him daily on Iran while a U.S. Congressman confirms Congress is left in the dark

Americans seem to be the sidekick.

We Got This Covered

House Democrats call for commission led by JD Vance to oust Trump

Measure by Jamie Raskin follows statements by Trump about annihilating Iran and post depicting himself as Jesus

The Guardian - US

Federal workers can’t escape religious messages from their bosses: ‘This has never happened before’

They’ve received proselytizing emails, invitations to worship services and observed religious undertones in policy decisions

The Independent UK

How Strait of Hormuz traffic was impacted by first day of US blockade

IN FULL

The Independent UK

As recession looms, Donald Trump desperately needs a deal

THE INDEPENDENT VIEW: Editorial: As red warning lights flash on the world’s economy, the man who claims to be the master of the art of dealmaking has never needed a win more

The Independent UK

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Euronews

Thousands gather in Poland for annual 'March of the Living' to remember Holocaust victims

Of the 50 survivors taking part, some had travelled from Israel, organisers said, despite logistical difficulties caused by airspace restrictions associated with the Iran war.

Euronews

Diplomats try to arrange second round of US-Iran talks during first day of American blockade

An initial round of talks aimed at permanently ending the conflict failed to produce an agreement last weekend. The White House said Iran’s nuclear ambitions were a central sticking point.

Axios

The first AI-era war is a "slopaganda" battle to control memes

AI tools have made it faster and cheaper to generate propaganda, and now it's all over social media.

The Guardian - UK

US-Iran peace talks could resume in next two days, Trump says

US president says negotiations could restart in Islamabad under ‘fantastic’ Pakistani army chief Asim Munir

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International Business Times

Trump Says New Round Of Talks With Iran Could Take Place As Soon As This Week In Pakistan

President Donald Trump said on Tuesday that a new round of talks with Iran could take place as soon as this week as engagements between the two countries continue despite failure to reach an agreement last weekend.

The Times of India

Ships cross Hormuz despite US blockade: Trackers vs US military claims

Maritime tracking data indicates Iran-linked vessels transited the Strait of Hormuz despite a US naval blockade, with at least three ships reportedly crossing. However, the US military insists the blockade remains effective, stating six merchant vessels were forced to turn back.

Euronews

IMF drops Eurozone's economic growth forecast to 1.1% from 1.4% amid Iran war

The International Monetary Fund (IMF) has adjusted its growth projection for the eurozone down to 1.1% from 1.4% for 2026 as prospects for the euro area dwindle amid higher inflation and reduced momentum.

The Guardian - UK

‘A pope who uses his brain’: Vatican locals and visitors take sides in Leo v Trump spat

While some US visitors back their president, shopkeepers who serve the papacy and tourists support the pontiff

Euronews

Qatar rejects claims of side deals with Iran and calls for regional solution to war

The fallout from the war is disrupting shipping and energy flows, pushing Gulf states to work more closely together and support diplomatic efforts to prevent further escalation and stabilise the region.

International Business Times

Iran War Could Cost The U.S. Up To $1 Trillion Over Time, Harvard Economist Warns

Harvard-backed estimates suggest prolonged conflict could reshape U.S. fiscal policy, defense spending and long-term debt trajectory

The Independent UK

What will JD do? Vance’s triple-whammy weekend hits his 2028 hope of succeeding Trump

ANALYSIS: After a whirlwind weekend in the Middle East, JD Vance returns to DC without the ‘dealmaker’ label to find other crises consuming Trumpworld, writes John Bowden

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