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The Latest Breaking News from Iran

A boost for Moscow in the shadow of Iran war: US allows India to buy Russian oil for a month

The U.S. Treasury Department’s decision to allow India to buy Russian oil for 30 days underscores a boost for Moscow's fortunes against the backdrop of the Iran war as Russia's oil export earnings help pay for its own war against Ukraine

The Independent UK

International law and the difficulty of dealing with Trump at war

Letters: Readers respond to the dilemmas facing Europe and Keir Starmer with the Iran conflict

The Guardian - UK

Trump demands ‘unconditional surrender’ from Iran as war escalates with oil crisis

More than 30 Iranian vessels have been destroyed since Saturday, US Central Command has said

The Independent UK

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Iran war forces OPEC nation to limit oil production as bottleneck in the Straits of Hormuz grows

The 10th largest oil producer in the world is looking at slowing down production amid continued strikes on Iran

The Independent UK

'La Macarena' writer slams White House use of song in Iran bombing video

One of the writers of 'La Macarena' has attack the unauthorised use of his song in a viral White House social media video showing bombings and fighters being deployed for Operation Epic Fury in Iran.

Euronews

Iran 'weakened but dangerous' as US air defence stocks face strain

Six days into the war between the United States, Israel and Iran, bombardments are intensifying – as are questions about how long the conflict can last, whether air defence systems can keep up and what a victory over Iran would mean. Retired general François Chauvancy spoke to RFI about Iran’s…

Radio France Internationale

Cocoa Prices Rebound on Concerns of Supply Disruptions

May ICE NY cocoa (CCK26 ) today is up +175 (+5.73%), and May ICE London cocoa #7 (CAK26 ) is up +105 (+4.76%). Cocoa prices rallied sharply today and posted 1.5-week highs. The ongoing war in Iran has sparked short covering in cocoa futures amid concern that the closure of...

Barchart

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Iran war pushes oil price above $90, threatening rise in global inflation

Reports Kuwait was cutting output pushed up cost of barrel of Brent crude to highest weekly gain since Covid pandemic began

The Guardian - UK

'I Guess' — Trump Acknowledges US Risks in Iran Retaliation, Concedes 'Some People Will Die' in Conflict

President Trump acknowledges the risks of conflict with Iran, highlighting the potential for American casualties and the ongoing tensions in the Middle East.

International Business Times UK

Jobs Are Down While the U.S. Spends $2 Billion a Day on War With Iran

The Bureau of Labor Statistics found that instead of adding jobs last month, the economy lost nearly 100,000.

Reason

‘A piece of supremely nasty mischief’: the Guardian’s film critic on the latest White House war video

In a chilling social media video that is beyond irony, clips from Braveheart, Gladiator, Superman and Top Gun are crassly interspersed with real kill-shot footage of the attacks in Iran

The Guardian - UK

Iranians threatened with legal action for using VPNs to bypass internet blocks — here's everything we know

Iranian authorities are sending SMS warnings to citizens who successfully bypass the country's near-total internet blackout, threatening prosecution for those using VPNs or Starlink to access the global web.

TechRadar

How the Iran war is underpinned by ‘end times’ religious fervour in Washington and Tehran

COMMENT: An overlapping belief in end times, or the second coming, underpins much of the motivation in the corridors of power in Washington and in the bunkers where the ayatollahs hide today, writes world affairs editor Sam Kiley

The Independent UK

Iran: Worshippers in Tehran rally after Friday prayers

As Iran and Israel exchange strikes, Tehran worshippers rally in support of the Islamic Republic, echoing calls for resistance against Israel and the US.

Euronews

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Barchart

Coffee Prices Push Higher on Global Supply Concerns

May arabica coffee (KCK26 ) today is up +4.05 (+1.40%), and May ICE robusta coffee (RMK26 ) is up +31 (+0.83%). Coffee prices are climbing today, with arabica posting a 3-week high and robusta posting a 2.5-week high. Global supply concerns are boosting coffee prices as the war in Iran...

Evening Standard

Homeowners face higher mortgage rates as Donald Trump's Iran war hits FTSE 100

Nationwide, HSBC and Coventry Building Society are among lenders raising mortgage rates as the Iran conflict rages on

The Independent UK

Nigel Farage heads to Mar-a-Lago to discuss Chagos deal with Trump

Reform UK leader has called Labour prime minister Keir Starmer’s plans a ‘surrender’ treaty

We Got This Covered

The U.S. military turns to Ukraine for a desperate fix to the deadly Iranian drone problem

Ukraine’s ingenuity is now the saving grace for military assets in the Middle East.

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Crude Prices Soar as Iran War Disrupts Global Oil Supplies

April WTI crude oil (CLJ26 ) today is up +7.44 (+9.18%), and April RBOB gasoline (RBJ26 ) is up +0.0148 (+0.55%). Crude oil and gasoline prices are extending this week’s sharp rally, with crude soaring to a 2.25-year nearest-futures high and gasoline posting a 1.75-year high. The ongoing war in...

The Guardian - US

Stephen Colbert on Kristi Noem: ‘A domestic terrorist who deserves to go to Gitmo’

Late-night hosts addressed Trump firing the DHS secretary, rising US gas prices and Robert F Kennedy Jr’s crackdown on Dunkin’

The Independent UK

Russia supplying Iran with intelligence to target US forces, says report

Moscow is rushing to the support of its ally amid a joint US-Israeli bombing campaign

The Independent UK

Iran conflict threatens new UK cost of living crisis as energy markets in ‘turmoil’ and mortgage rates on the rise

Oil prices have seen their biggest weekly increase in six years, while experts warn energy bills could rise by 10 per cent in July

The Independent UK

Kurdish Iranian dissidents in Iraq deny attack plans but say they would join a US invasion of Iran

Officials with one of the armed Kurdish Iranian dissident groups based in northern Iraq say they are not planning an imminent cross-border attack on Iran but would join a ground invasion if the U.S. were to launch one

Barchart

Stocks Retreat Amid Inflation Fears and Weak US Jobs

The S&P 500 Index ($SPX ) (SPY ) today is down -0.95%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -1.00%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.76%. March E-mini S&P futures (ESH26 ) are down -0.95%, and March E-mini Nasdaq futures...

Barchart

The Smart Money Is Flocking to This Cybersecurity Stock Amid Iran Conflict. 1 Aggressive Way to Trade It Now.

With retaliatory cyber activity a potential threat due to the Iran conflict, DDOG stock finally has a fundamental catalyst to sink its teeth into.

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