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The Latest Breaking News from Iran

Cotton futures closed Wednesday with mixed action as contracts were anywhere from 38 points higher to 20 points lower. The US dollar index was $0.832 lower at $98.850. Crude oil was down $16.45 on the day following a 2-week ceasefire between Iran and the US that includes the reopening of...

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Morning Mail: Israeli strikes on Lebanon put Middle East ceasefire in doubt, razor gang targets NDIS, outback town for sale

Iran says the agreement has been breached by Israel’s renewed assault on Hezbollah; Labor trying to drive cuts in disability scheme

The Guardian - AU

Laura Loomer slams Trump’s Iran deal as a ‘negative for our country’

Loomer, who has a long history of making Islamophobic comments, said the president should continue bombing the Iranian regime

The Independent UK

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‘Unhinged’ Trump has ‘unchecked power’ and world ‘holds its breath’ with each tweet, says Schumer in call for war powers vote

‘The entire world holds its breath, wondering what's next going to come out of his mouth,’ the New York Democrat said

The Independent UK

Tories accuse Starmer of being ‘all mouth no trousers’ on defence spending

Ministers have declined to indicate when the defence investment plan will be published amid reports of a dispute between the Ministry of Defence and the Treasury

The Independent UK

'Our President Is NOT a Christian': Marjorie Taylor Greene Says Trump Allies Should 'Beg for Forgiveness'

Marjorie Taylor Greene's statement that Trump is 'not a Christian' highlights a growing divide in Trump's support base, questioning the balance between political loyalty and religious values.

International Business Times UK

Bank of America Warns That the Middle East Oil Shock Is Bad News for Carvana Stock. Should You Sell CVNA Now?

Bank of America just cut Carvana to "Neutral," warning that an Iran‑driven oil shock could squeeze fuel‑heavy delivery costs and slow the stock’s once‑explosive run despite strong earnings and a coming stock split.

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The Iran war is either concluding with the world worse off, or escalation is just delayed again

Iran aims to control the Strait of Hormuz choke point for the foreseeable future with or without a ceasefire, experts said.

Fortune

Leavitt insists Americans ignore Trump’s words on Iran and focus on the bottom line after ‘Praise be to Allah’ diss

White House spokesperson maintains Trump’s extreme rhetoric has no effect on America’s moral standing

The Independent UK

Stocks Finish Sharply Higher on US-Iran Ceasefire

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +2.51%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +2.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.90%. June E-mini S&P futures (ESM26 ) rose +2.52%, and June E-mini Nasdaq futures...

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Success or surrender? Iran ceasefire exposes rift in Trump’s Maga movement

Loyalists rush to defend president for ‘outsmarting the critics’ but others decry deal as ‘a negative for our country’

The Guardian - US

Has the Iran War Ceasefire Already Ceased?

Both sides claim that they’ve agreed to stop fighting and open the Strait of Hormuz, but the fighting is still happening and Hormuz is still closed.

Reason

The War Won't Last Forever: 3 Stocks That Could Lead the Recovery

Citigroup, Verizon, and Delta Air Lines have outperformed their struggling sectors during the Iran conflict and could lead when markets stabilize.

MarketBeat

Exxon Mobil Stock Threatens to Break Below Its 50-Day MA. Should You Buy the Dip?

Exxon stock is sinking as the U.S. and Iran agree to a temporary ceasefire. Here’s why XOM shares are super attractive to buy on the dip.

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The Independent UK

Here is how long it will take for gas prices to start coming down after Iran ceasefire

Average gas prices could drop below $4 per gallon in the coming weeks, one industry expert said

Fortune

Within a day, the Iran-U.S. ceasefire began breaking down. Markets shrugged

Israeli strikes in Lebanon were at issue, according to the speaker of Iran’s parliament. Trump ripped into “Fraudsters, Charlatans, and WORSE.”

Kiplinger

Dow Climbs 1,325 Points in Relief Rally: Stock Market Today

The U.S. and Iran have agreed to a two-week ceasefire, which sent stocks soaring and oil prices plummeting.

The Independent UK

Shaky ceasefire unlikely to stop cyberattacks from Iran-linked hackers for long

An uncertain ceasefire between Iran and the U.S. and Israel may do little to stop cyberattacks from hackers allied with Tehran

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International Business Times

Iran Now Says It Will Limit Transit In Strait Of Hormuz To a Dozen Ships a Day And Charge Fees Despite Ceasefire

Iran told mediators on Wednesday that it will limit transit through the Strait of Hormuz to a dozen ships a day and charge them fees, a departure from announcements made by U.S. officials following the ceasefire agreement on Tuesday night.

Evening Standard

UK and Nato allies ‘turned backs’ on Americans over Iran, says White House

Donald Trump says the military alliance was ‘tested and they failed’ during the conflict

The Independent UK

Iran's proposal to collect tolls in the Strait of Hormuz violates trade norms

To end the war with the United States and Israel, Iran is demanding the right to collect tolls in the Strait of Hormuz as a precondition for reopening the waterway vital to world oil supplies

Barchart

Dollar Falls and Gold Rallies on US-Iran Ceasefire

The dollar index (DXY00 ) on Wednesday fell by -0.71% and posted a 4-week low. The dollar plummeted on Wednesday after the US and Iran agreed to a ceasefire, curbing safe-haven demand for the dollar. Also, Wednesday's surge in equity markets reduced liquidity demand for the dollar. In addition, sharply...

International Business Times

Iran-Linked Hackers Disrupt Multiple U.S. Industrial Sites, Triggering Federal Warning

Iran-affiliated hackers have disrupted equipment tied to multiple U.S. industrial and public service sites.

The Times of India

Vice president J D Vance will lead US team for truce talks with Iran in Pakistan: White House

Vice President JD Vance will lead a US delegation to Pakistan this weekend for mediated talks with Iran, aiming to secure a permanent ceasefire. The discussions in Islamabad follow a two-week truce, with the White House emphasizing the need for the Strait of Hormuz to remain open. Lebanon is not…

The Independent UK

NATO chief faces scrutiny from European countries for endless support of ‘Daddy’ Trump

Is Mark Rutte’s cozy relationship with the president even working as the US president bombed Iran?

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