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The Latest Breaking News from Iran

Nasdaq Futures Climb as TSMC Boosts Tech Optimism

June Nasdaq 100 E-Mini futures (NQM26) are trending up +0.32% this morning, setting a new record high as an upbeat forecast from Taiwan Semiconductor Manufacturing Co. boosted sentiment.

Barchart

S&P 500 and Nasdaq hit new all-time highs despite Iran war effects

The S&P 500 and the Nasdaq closed at record highs on Wednesday despite the Iran war dragging on, the Strait of Hormuz remaining largely blocked and global economic growth forecasts being cut amid rising inflation.

Euronews

The war in Iran is reaching cyberspace - here’s how to prepare

If companies aren’t already putting their teams in simulated cyber warfare environments, they’re not ready.

TechRadar

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Apple and Nvida chipmaker TSMC reports huge jump in profits amid Iran war

The world's largest contract chipmaker also warned of potential impacts from the Iran war

The Independent UK

TV shopping network QVC to file for bankruptcy as Americans struggle with cost of living concerns

QVC Group admitted that it cannot assure that ‘cash flow from operations will be sufficient to continue to fund our operations,’ in the filing

The Independent UK

Progressive Democrat Analilia Mejia wins special election for New Jersey House seat in a landslide – as it happened

This live blog is now closed.

The Guardian - US

Tesco issues food price warning amid Iran war

IN FULL

The Independent UK

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Killing of Iranian activist in Canada exposes increasingly bitter divisions within the diaspora

The killing of an Iranian activist in Canada has exposed bitter divisions within the diaspora over the Iran war

The Independent UK

Pentagon Wants GM, Ford To Build Weapons As Iran War Drains Stockpiles — 'It Takes Money To Kill Bad Guys'

The Pentagon has approached GM and Ford about shifting factory capacity to weapons production as the Iran war drains US missile stockpiles.

International Business Times UK

Israel and Lebanon are negotiating for the first time in decades - but will it achieve anything?

Israel’s ambassador said the first day of talks with Lebanon were ‘wonderful’ but it remains to be seen whether they can lead to a full ceasefire

The Independent UK

US Farmers Raise Red Flag Over 'Unsustainable' Costs As Iran War Cuts Off Fertiliser Supply

US farmers face financial strain as fertiliser and fuel costs rise due to the Iran conflict, affecting crop yields and food prices.

International Business Times UK

The Pentagon calls on Ford to make weapons, and Marjorie Taylor Greene is sounding the alarm: ‘What kind of escalation are they planning’

Trump’s administration is making war preparations the U.S. has not seen since World War II.

We Got This Covered

China demands Iran reopen the Strait of Hormuz

IN FULL

The Independent UK

Tesco will do ‘whatever it can’ to keep down food prices amid Iran war

Tesco said that profits could dip over the current year as it flagged increased uncertainty linked to the conflict in the Middle East.

Evening Standard

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The Times of India

New route? How are Iran-linked ships passing through Strait of Hormuz despite US blockade

Amidst a US naval blockade, Iran-linked vessels navigated the Strait of Hormuz, signalling potential route shifts. Traffic remains significantly reduced, with heightened checks by both US and Iranian forces slowing crossings. Conflicting claims emerge regarding successful breaches, as electronic interference and disabled tracking systems obscure full visibility in this critical…

The Independent UK

US automakers ‘asked by Pentagon to help make weapons for Iran war’

IN FULL

Euronews

Gulf chief calls for 'upgrade' in diplomatic relation with the EU in aftermath of Iran war

Secretary-General of the Gulf Cooperation Council calls to upgrade partnership with Gulf and the European Union in aftermath of Iran war in Euronews interview.

The Guardian - UK

EasyJet warns of impact on profits as Iran war hits bookings and fuel prices

Budget airline says passengers are leaving it later to book flights owing to economic uncertainty

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Euronews

Flights disrupted by Iran war? Here are Europe's easiest countries to navigate by train this summer

Amid flight disruption threats sparked by the Iran war, trains are stepping in as an alternative travel option. But where in Europe are tickets cheapest and which countries are easier to navigate?

The Independent UK

What is Exercise Turnstone? The leaked plan amid threat of Iran war food shortages

IN FULL

The Conversation

Politics with Michelle Grattan: Economist Chris Richardson on next steps in fuel crisis

The war in Iran has become the third major economic crisis in the last 20 years, with fuel prices jumping and inflation once again starting to pick up. Australians are feeling worsening economic pain.

Evening Standard

London faces food shortages as Iran war hits CO2 supplies

Chicken and pork could be in short supply as disruption in the Strait of Hormuz hits global trade

The Guardian - UK

UK could face gaps on supermarket shelves by summer if Iran war continues

Ministers drawing up contingency plans for ‘reasonable worst-case scenario’ if supply of CO2 is disrupted

Fortune

The Iran war’s fertilizer shock is hammering American farmers, and 70% can’t afford what they need for this year’s growing season

Prices for three main fertilizers used by farmers are all up double digits since the Iran war started.

The Guardian - UK

No 10 claims Starmer did not know Mandelson failed security vetting until this week – as it happened

The prime minister was not aware that the former US ambassador had failed the vetting process, according to Downing Street

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