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The Latest Breaking News from Iran

Trump news at a glance: Middle East tensions back to the brink with president’s new threats against Iran

US launched operation Monday to help hundreds of ships trapped with their crews in Gulf – key US politics stories from Monday 4 May at a glance

The Guardian - US

Spirit Airlines Shutdown Has Nothing to Do With Biden? Source Claims Geopolitical Events Started by Trump is to Blame

Spirit Airlines ceased operations due to geopolitical tensions and antitrust issues. The closure, linked to the Iran war and a blocked JetBlue merger, left employees and customers in uncertainty.

International Business Times UK

Middle East back on the brink: Iran attacks UAE sparking huge oil depot blaze amid Strait of Hormuz clash

Trump’s bid to reopen the Strait of Hormuz and free stranded vessels shakes fragile ceasefire

Evening Standard

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Iran strikes on UAE condemned by Starmer as Trump plots to reopen Strait of Hormuz

Two US-flagged cargo ships passed through the critical waterway as President Trump sought to reopen the maritime pinchpoint

The Independent UK

Top U.S. oil producer declares “green” light on drilling for more oil amid Iran war

Diamondback is the largest U.S. oil producer to hike spending and drilling as a result of the Iran war thus far.

Fortune

'You could say the ceasefire has ceased': Iran is back on Wall Street's radar as oil prices spike 6%

The U.S. and Iran traded shots, while the UAE was slammed by drone strikes.

Fortune

Trump threatens to blow Iran ‘off the face of the earth’ if it attacks US vessels

US launched an operation on Monday in the Gulf, dragging the region back to the brink of full-scale war

The Guardian - US

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Dow Drops 557 Points as Iran Tensions Ramp Up: Stock Market Today

Wall Street is worried about re-escalating tensions in the Middle East.

Kiplinger

Stocks Fall And Oil Surges As Tensions Flare Up In The Strait Of Hormuz

Stocks fell and oil jumped on Monday as tensions flare up again around the Strait of Hormuz.

International Business Times

U.S. Economy Could Face Demand Destruction Over Continued Economic Impact Of Iran War

A new report claimed that the continued impact of the Iran war will put the U.S. economy through demand destruction, a process in which prices rise so sharply that households and businesses are forced to change how they spend, work, travel, and invest.

International Business Times

UAE Reports Iranian Drone Strike on Key Oil Port as Tensions Escalate in Strait of Hormuz

Iran's state media, however, cited an unnamed official saying Tehran had "no plans to target the UAE"

Latin Times

Dollar Rises as Iran Tensions Escalate

The dollar index (DXY00 ) on Monday rose by +0.25%. The dollar moved higher on Monday amid an increase in safe-haven demand after WTI crude oil prices surged more than +4% due to the escalation of tensions in the Middle East. Also, Monday’s better-than-expected US March factory orders report supports...

Barchart

Trump says US has struck seven Iranian boats as tensions spike in Strait of Hormuz

‘We’ve shot down seven small boats,’ wrote Trump on social media

Evening Standard

Trump Says Iran Will be 'Blown Off The Face Of The Earth' If It Disrupts Passage Through Strait Of Hormuz

President Donald Trump threatened Iran on Monday as tensions in the Middle East rise again over passage through the Strait of Hormuz.

International Business Times

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Euronews

Euronews journalist reports Emirates flight to Dubai held at Heathrow during UAE air strikes

Toby Gregory reported the atmosphere in the cabin remained calm, with passengers having no concerns about safety due to Emirates' track record of maintaining passenger safety.

Barchart

Crude Oil Prices Surge as Iran Tensions Heat Up

June WTI crude oil (CLM26 ) on Monday closed up +4.48 (+4.39%), and June RBOB gasoline (RBM26 ) closed up +0.1430 (+3.98%). Crude oil and gasoline prices recovered from overnight losses and moved sharply higher on signs of heightened tensions in the Strait of Hormuz. Crude prices shot higher Monday...

The Independent UK

Everyone is losing on ‘sucker-bet’ laden prediction markets except a few seasoned pros

Platforms like Polymarket and Kalshi have seen a huge surge in business - but there are growing calls for greater regulation

The Independent UK

Here’s how much filling the gas tank of America’s most popular vehicles has increased in a year

Trump administration insists prices will drop whenever Iran war ends

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International Business Times UK

Oil Prices Spike 5% After Iran Claims Missile Strike on US Vessel Before CENTCOM Denial Rolls Markets Back

Oil prices surged after false reports of a US warship attack near the Strait of Hormuz. The US denied the claims, causing prices to stabilize. Tensions remain high in the region.

The Independent UK

Trump sends fresh warning to Tehran after US military claims it sunk Iranian boats

IN FULL

The Independent UK

Trump again threatens entire nation of Iran saying country will be ‘blown off the face of the earth’

US president escalates threats during his ‘Project Freedom’ commercial vessel escort mission in Strait of Hormuz in latest ceasefire test

The Independent UK

The Latest: United Arab Emirates warns of Iranian attacks as US claims progress in Strait of Hormuz

U.S. forces are guiding commercial ships through the Strait of Hormuz, where hundreds have been stuck since the Iran war began

International Business Times UK

Iran's Consulate Clowned Trump with a Single UNO Post After His Own Meme Exposed He Does Not Know How to Play the Game

Donald Trump's AI-generated UNO meme intended as a dig at Iran backfires, highlighting a misunderstanding of the game's rules and sparking viral responses from Iran and critics.

International Business Times

U.S. Says It Sunk Six Iranian Boats Targeting Civilian Vessels As Tensions Escalate

The U.S. said on Monday it sunk six Iranian small boats that were targeting civilian vessels in the Strait of Hormuz.

The Times of India

'Force v Geography' Trump's Project Freedom meets Iran's residual firepower

TOI Correspondent from Washington: The United States and Iran are on the verge of resuming their shooting match in the Gulf after Teheran attacked UAE with drones and missiles in response to US efforts to militarily escort scores of stranded ships in the Strait of Hormuz under what it called…

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