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The Latest Breaking News from Iran

UK and allies discuss sanctions on 'reckless' Iranians if Strait of Hormuz remains closed

Britain is seeking to lead a diplomatic initiative to restore access to the vital oil shipping lane being throttled by Iran in retaliation to US-Israeli attacks

Evening Standard

UK Leads 30+ Countries in Diplomatic Push to Reopen the Vital Strait of Hormuz

UK leads over 30 nations in a bid to reopen the Strait of Hormuz, as Iranian threats halt shipping and the US steps back from its traditional role.

International Business Times UK

Secret passwords and crypto payments: Inside Iran’s mysterious new ‘tollbooth system’ in the Strait of Hormuz

Oil prices surged again on Thursday after Donald Trump dashed hopes of a swift resolution to the Middle East war

The Independent UK

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Gold Prices Headed Towards $3,800 per Ounce as Technical Risks Mount, Analyst Says

Gold prices fell over 3% as President Trump failed to provide clarity on the US-Iran conflict. Analysts predict further declines, with potential buying opportunities in mining stocks.

International Business Times UK

‘I’m confused’: Even Piers Morgan is baffled as Donald Trump’s war narrative collapses under the weight of its own nonsense

Even Piers Morgan is calling out Trump's obvious lies.

We Got This Covered

Trump’s spiritual advisor sparks backlash for comparing president’s life to Jesus Christ

Paula White-Cain says Trump was 'betrayed and falsely accused' in a 'familiar pattern that our lord and saviour showed us'

The Independent UK

‘In safe hands’: Iran reassures 'Indian friends' on passage through Strait of Hormuz

Iran on Thursday said its “Indian friends” need not worry about the situation in the Strait of Hormuz, assuring they are “in safe hands,” even as tensions remain high over control of the key shipping route amid the ongoing conflict.

The Times of India

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Iran vows to fight on until US and Israel’s ‘permanent humiliation and surrender’

IN FULL

The Independent UK

UK firms expect to raise prices more quickly as Iran war pushes up costs

Bank of England survey in March shows chief financial officers foresee 3.7% increase over coming year

The Guardian - UK

Dizzying US fuel prices are determined by factors largely outside of a gas station's control

U.S. gas prices are climbing fast, and drivers are paying the highest pump prices since 2022 as the Iran war shakes oil markets

The Independent UK

The US-Israel war on Iran is accelerating de-dollarization and America’s decline

De-dollarization promises to reorder the world, reducing American power globally

The Guardian - US

The world’s supply of helium is being threatened by the Iran war

The war in the Middle East has disrupted the world’s supply of helium. Qatar produces about a third of global helium, but attacks on its gas infrastructure have forced production to stop.

The Conversation

What Is BlackRock? Pete Hegseth Allegedly Caught Trying to Profit off Iran War With Defence Stock Trades

Questions mount over BlackRock and alleged defence stock trades linked to Pete Hegseth before the Iran conflict, raising concerns about insider trading and national security.

International Business Times UK

Trump hails 'tremendous progress' in Iran but all Wall Street heard was 'back to escalation'

Everything you need to know before you reach the office this morning.

Fortune

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Barchart

Stocks Tumble Before the Open as Oil Prices Jump After Trump’s Iran Address

June S&P 500 E-Mini futures (ESM26) are down -1.27%, and June Nasdaq 100 E-Mini futures (NQM26) are down -1.65% this morning as doubts over a quick resolution to the Middle East conflict dampened sentiment and fueled a spike in oil prices.

Evening Standard

Lib Dems call for 10p fuel duty cut to help motorists with Iran living costs

Liberal Democrat leader Sir Ed Davey also called for a 10% cut in rail fares to help travellers with cost-of-living pressures.

The Guardian - UK

First Thing: Trump claims Iran war is ‘nearing completion’ in address to nation

Democrats criticize speech as doing little to answer Americans’ ‘most basic questions’. Plus, how rap lyrics were used to help sentence a man to death

The Independent UK

Former Trump ally Marjorie Taylor Greene slams Iran speech as ‘all war, war, war’

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The Independent UK

Iran fires missiles at Israel and Gulf neighbors as Trump talks of winding down Mideast war

Iran has fired more missiles at Israel and Gulf Arab states, demonstrating Tehran’s continued ability to attack

Whats Hot

US Weighs High-Risk Operation to Seize Iran’s Enriched Uranium Amid Rising Tensions

In a development that could reshape modern military strategy, the United States has reportedly prepared an extraordinary wartime contingency plan aimed at seizing Iran’s stockpile of highly enriched uranium. According to a Washington Post report citing sources familiar with the matter, the proposal was drawn up at the request of…

The Independent UK

Egg prices are down from last year’s record highs but it’s not all good news

The Trump administration’s decision to import nearly 1 billion eggs last year helped lower prices

The Guardian - UK

‘Everyone is thinking about oil prices’: is Iran using the war to hide a surge in executions?

Regime has long used the death penalty to suppress dissent but now appears to be withholding information on the killing of hundreds of prisoners, say rights groups

The Guardian - US

Trump polled advisers about replacing Tulsi Gabbard as intelligence chief

Exclusive: Pressure intensifies for Gabbard after president’s displeasure with Iran war testimony

Fortune

Asia’s AI playbook gets a reality check as the Iran war sends energy prices higher and snarls supply chains

“The scaling laws that have driven the AI boom are fundamentally peacetime constructs.”

The Independent UK

US seeking to expand military presence in Greenland months after Trump threats to take over

Plans include the expansion of ports, airfields and ‘more options’ for the president should he need them

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