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The Latest Breaking News from Iran

Wall Street points lower and oil prices remain above $100 with Iran a dominant force in markets

Wall Street is leaning toward losses and oil prices remain above $100 per barrel as uncertainty about a resolution in the Iran war continues to be the biggest drag on markets

AAP

What Is Iran's 'Hormuz Safe'? The Bitcoin Insurance System for Ships Emerging Amid Gulf Tensions

US President Trump cancels a planned strike on Iran after Gulf allies' appeal, while Iran plans a Bitcoin-backed maritime insurance service to bypass Western financial systems.

International Business Times UK

Petrol prices reach highest level of Iran oil crisis

The average price of a litre of petrol in the UK now stands at 158.5p, according to the RAC.

Evening Standard

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Why Iran wants to charge world’s largest tech companies for using Strait of Hormuz undersea cables

Iran’s veiled threat to disrupt subsea cable is a bid to gain leverage against future attacks

The Independent UK

Gulf Leaders Reportedly Asked Trump To Hold Off On Attacks Against Iran For 'Two Or Three Days'

Gulf leaders asked President Donald Trump to hold off on renewing attacks against Iran for "two or three days" to give more time for negotiations, according to a new report.

International Business Times

Iranian TV teaches viewers to shoot as IRGC ramps up child recruitment

Iranian state TV has broadcast live weapons training, including simulated shooting at Trump, Netanyahu and the UAE flag, as the IRGC formally recruits children as young as 12 for checkpoints.

Euronews

Iranian director Jafar Panahi faces new trial in Iran for 'propaganda against the state'

Iranian director Jafar Panahi is set to face trial in Iran once more, on charges of “propaganda against the regime.” He was sentenced by Iran’s Revolutionary Court to one year in prison and a two-year travel ban in absentia last year.

Euronews

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Stock Index Futures Slip as Tech Selloff Continues, Iran in Focus

June S&P 500 E-Mini futures (ESM26) are down -0.38%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.65% this morning, pressured by a retreat in technology stocks, while investors await signs of progress toward a peace deal in the Middle East.

Barchart

First Thing: Five people, including two suspects, killed in shooting at San Diego’s largest mosque

Teenage suspects died from self-inflicted gunshot wounds, say officials. Plus, why American women want to leave the US at twice the rate of men

The Guardian - UK

Unemployment rate rises and vacancies slump in first signs of Iran war jobs hit

Experts said the gloomy ONS figures showed the beginning of a hit to jobs from the energy shock caused by the Middle East conflict.

Evening Standard

US and Iran ‘far apart’ on peace deal as Trump’s demand is rejected

IN FULL

The Independent UK

Europol disrupts thousands of IRGC online accounts across 19 countries

Europol announced a major digital crackdown that led to the removal of thousands of online accounts linked to Iran’s Islamic Revolutionary Guard Corps (IRGC) and the suspension of the group's primary X account in the EU.

Euronews

Global shares trade mixed and Kospi falls 3% as oil prices keep swinging

Global shares are mixed as uncertainty about what will happen with the Iran war roils global markets

AAP

Shares steady as oil eases on Trump's Iran comments

European stocks have risen and US futures are flat after President Donald Trump's positive claims about US talks with Iran sent crude prices lower.

AAP

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AAP

AAP Rolling News Bulletin May 19, 1900

AAP Rolling News Bulletin for May 19 at 1900

The Economic Times

G7 finance ministers explore responses to Iran war fallout

Global finance leaders met in Paris to address economic fallout from the Middle East conflict. France's finance minister called for increased aid for vulnerable nations. Discussions also covered diversifying critical mineral supplies and maintaining pressure on Russia. G7 nations aim to build new partnerships amid global tensions and trade system…

The Guardian - UK

Energy bills will rise by £209 a year to £1,850 from July, forecaster says

Cornwall Insight predicts rise in price cap of nearly 13% in Great Britain as Iran war pushes up gas costs

The Independent UK

Energy bills set to rise by £209 from July as experts issue dire winter warning

Energy cap prediction now £1,850 for a typical dual fuel household, a 13% increase

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AAP

AAP Rolling News Bulletin May 19, 1830

AAP Rolling News Bulletin for May 19 at 1830

AAP

Iran peace proposal includes reparations, US troop exit

US President Donald Trump claims he's held off a strike on Iran after Tehran issued a new peace proposal, saying there's "very good chance" of a nuclear deal.

AAP

AAP Rolling News Bulletin May 19, 1800

AAP Rolling News Bulletin for May 19 at 1800

AAP

Asian shares trade mixed and Kospi falls 3% as oil prices keep swinging

Asian shares are mixed as uncertainty about what will happen with the Iran war roils global markets

The Guardian - UK

JD Vance says US remains ‘locked and loaded’ to restart military campaign as Iran warns of ‘new fronts’ – as it happened

US vice-president says Iran must agree to never have a nuclear weapon; Tehran warns US against resuming hostilities

AAP

AAP Rolling News Bulletin May 19, 1730

AAP Rolling News Bulletin for May 19 at 1730

The National (Scotland)

UK unemployment rate rises as pressures from Iran war hits job market

THE UK unemployment rate has risen in the three months to March as the pressure stemming from the Iran war begins to show in economic reports

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