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The Latest Breaking News from Iran

The UAE's image as a Middle Eastern haven is tested by the Iran war

The United Arab Emirates for decades advertised itself as a haven for business in the Middle East

AAP

No feelgood factor for Reeves as Iran war snuffs out economic upturn

Rise in unemployment and weak pay growth underline how tough this year will be for UK households

The Guardian - UK

Forget tariffs and the Iran oil shock—a top economist says the Fed is blind to the real inflation threat

"We have an aggregate demand issue, not a supply disruption issue," says William Luther, an associate professor at Florida Atlantic University.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

High gas prices are just the beginning: How the Iran war is changing the global energy map

The largest global energy-supply shock in history is causing chaos around the world. Here are the winners and losers.

Fortune

Ashish Kacholia-backed smallcap stock tanks 34% in just two sessions. What’s behind the selloff?

Jain Resource Recycling shares plunged up to 19% after reporting operational disruptions caused by Iran–Israel geopolitical tensions, which hit supply chains, raised shipping costs and compressed Q4 margins. Despite the near-term impact, the company reported strong revenue and profit growth, while signalling improving conditions and normalising costs in Q1FY27.

The Economic Times

AAP Rolling News Bulletin May 19, 1700

AAP Rolling News Bulletin for May 19 at 1700

AAP

Oil prices slip as Trump calls off planned military strike on Iran

Oil prices fell on Tuesday as Donald Trump announced he was calling off a planned military attack on Iran.

Euronews

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India bonds gain as traders cover shorts after oil-led selloff

Indian government bonds saw a slight recovery Tuesday as traders covered short positions after a steep selloff. Concerns over the U.S.-Iran conflict and its impact on India's oil imports and a weakening rupee are keeping markets on edge, potentially delaying interest rate cuts. Overnight swap rates eased as opportunistic buying…

The Economic Times

Markets enter rotation phase as yields stay elevated and AI trade cools: Matt Orton

Global markets are entering a selective phase driven by rising bond yields and persistent inflation, shifting investor focus from AI-led rallies. Strategist Matt Orton notes that geopolitical uncertainties, particularly Iran-US relations, require concrete progress for market impact.

The Economic Times

UK wage growth slows and unemployment rate rises as companies react to Iran war – as it happened

Jobless rate unexpectedly rises to 5% and employment falls by 100,000, biggest drop in six years; economists say June interest rate hike looks less likely

The Guardian - UK

FED:Aussie shares rebound after Trump postpones new attack

The ASX rose 1.2 per cent in its best day of gains since May 6 after Donald Trump said he was scrapping plans for another attack on Iran.

AAP

Newsletter: Europe braces for a more hostile economic order

Also in this newsletter: NATO military chiefs meet in Brussels amid concerns over weapons shortages.

Euronews

UK unemployment unexpectedly rises to 5% as firms squeezed by Iran war

Pay growth eases to 3.4% as businesses face pressure from soaring energy costs

The Guardian - UK

AAP Rolling News Bulletin May 19, 1630

AAP Rolling News Bulletin for May 19 at 1630

AAP

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The Independent UK

India vows to keep purchasing Russian oil, US ‘waiver or no waiver’

India’s imports from Russia has hit record levels driven by the disruption of Middle Eastern supplies from the Iran war

Radio France Internationale

Putin visits China after Trump trip fails to shift Xi on Ukraine

Russian President Vladimir Putin was in China on Tuesday for a two-day state visit, just days after Donald Trump completed a closely watched trip to Beijing that produced headlines on trade but no clear breakthrough on Ukraine or Iran.

The Independent UK

The UAE's economy and image as Mideast haven are tested by war

The United Arab Emirates for decades advertised itself as a haven for business in the Middle East

AAP

AAP Rolling News Bulletin May 19, 1600

AAP Rolling News Bulletin for May 19 at 1600

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news in one place.

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The Economic Times

Indians may be roaming closer to home because of a war far away

India Tourism Sector and Iran War: Prime Minister Modi's call to curb foreign travel for a year aims to boost domestic tourism, conserve foreign exchange, and reduce the import bill amid the West Asia crisis. Industry experts anticipate a surge in local travel, benefiting airlines, hotels, and tour operators. This…

AAP

AAP Rolling News Bulletin May 19, 1530

AAP Rolling News Bulletin for May 19 at 1530

Euronews

NATO military chiefs meet as Iran war depletes alliance's arsenal

NATO allies are increasingly concerned that the US's massive campaign in Iran is starting to constrain their supplies of top-grade weapons, including interceptors. A meeting of the alliance's military chiefs Tuesday will discuss the urgent need to ramp up weapons production at scale.

The Independent UK

Diet Coke break: Why your favourite fizz could be disappearing from shelves

LET’S UNPACK THAT: As shortages of the soft drink are reported in India and fans attend ‘Diet Coke parties’ to get their fix, Lydia Spencer-Elliott asks aluminium experts whether Gen Z’s beloved, so-called ‘fridge cigarette’ could go missing from UK stores

AAP

AAP Rolling News Bulletin May 19, 1500

AAP Rolling News Bulletin for May 19 at 1500

The Times of India

Iran plans €50 million bounty on 'gambler' Donald Trump, 'child-killer' Netanyahu for 'whoever sends them to hell' - report

Iran's parliament is considering hefty financial rewards for assassinating US President Trump and Israeli PM Netanyahu, escalating tensions after recent strikes. Lawmakers aim to formalize bounties, viewing these leaders as responsible for the death of Supreme Leader Khamenei. This move shifts threats from rhetoric to official parliamentary action, with warnings…

The Economic Times

The Ukraine war is changing. European allies' strategy must change too

Ukraine's war effort has shifted, with drones dominating the battlefield and blunting Russia's advantages. While Russia faces higher casualties, Ukraine grapples with recruitment and corruption. European allies must now develop a new strategy, independent of the US, to bolster Ukraine's military and societal defenses and offer a clear path to…

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