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The Latest Breaking News from Iran

Iran announces new body to manage Strait of Hormuz as peace talks stall

Iran announced a new body to oversee the Strait of Hormuz on Monday, signalling tighter control over the strategic waterway after months of disruption linked to its war with the United States and Israel. Tehran says the authority will manage maritime traffic and provide updates as tolls and restrictions reshape…

France 24

Trump Exposed Plans to Attack Iran But Holds Off on Threat; Here's Why He Changed His Mind

President Trump unexpectedly halted plans to attack Iran after receiving requests from Middle Eastern leaders, citing ongoing negotiations and the potential for a nuclear-free deal.

International Business Times UK

London journalist was stabbed by men working for Iran, court hears

Romanian nationals Nandito Badea, 21, and George Stana, 25, have both pleaded not guilty to charges of wounding with intent to cause grievous bodily harm and wounding

Evening Standard

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Elon Musk loses lawsuit against OpenAI and Sam Altman

Tech billionaire Elon Musk has lost his $160 billion dollar lawsuit against OpenAI and its chief Sam Altman in a federal court in California. After 11 days of testimonies and arguments, a nine-member jury deliberated for less than two hours to reach a unanimous verdict, saying Musk filed the case…

France 24

Maduro ally is charged in Venezuela bribery case after deportation to US

Alex Saab, a close ally of ousted Venezuelan President Nicolás Maduro, has been charged in Miami with bribing officials for government contracts

The Independent UK

Stocks Settle Mixed as Iran War Remains Unresolved

The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.45%. June E-mini S&P futures (ESM26 ) fell -0.12%, and June E-mini Nasdaq futures...

Barchart

Trump: I called off attack on Iran planned for Tuesday

The US president said he had been asked to do so by the leaders of Qatar, Saudi Arabia and the United Arab Emirates as "serious negotiations are now taking place."

Euronews

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Trump cancels Iran attack after telling regime ‘clock is ticking’ to end the war

IN FULL

The Independent UK

Why is Iran using Bitcoin (BTC) for the 'Hormuz Safe' shipping insurance system in the Strait of Hormuz amid US-Iran tensions?

Bitcoin (BTC USD) shipping insurance Iran explained: Iran is reportedly launching a bitcoin-backed maritime insurance service, "Hormuz Safe," for vessels transiting the Strait of Hormuz. This initiative, amid heightened US-Iran tensions and restricted shipping, aims to provide cryptographically verifiable policies settled in Bitcoin, potentially generating significant revenue.

The Economic Times

Trump Says He Was Going To Strike On Tuesday But Held Off As 'Serious Negotiations Are Taking Place'

President Donald Trump said on Monday he was set to approve renewed strikes against Iran on Tuesday but held off at the request of Gulf leaders and ongoing negotiations.

International Business Times

Trump and Netanyahu Assassination Reward Offered as Iran Parliament Drafts Multi-Million-Pound Legal Bounty

Iran's parliament proposes a £44 million bounty for the assassination of US President Trump, escalating tensions following the death of Supreme Leader Khamenei in a US-Israeli operation.

International Business Times UK

US turns down fresh Iranian peace proposal and warns of potential hostilities resumption, reports Axios

Iran submitted a new proposal to revive nuclear talks. Senior US officials state it lacks meaningful progress. Washington is considering diplomatic and military options. President Trump expressed frustration with Tehran's stance. The clock is ticking for Iran to show flexibility. The US warns of potential military action if negotiations stall.…

The Economic Times

Dollar Slips as President Trump Cancels a Planned Attack on Iran

The dollar index (DXY00 ) fell from a 1.25-month high on Monday and finished down by -0.25%. The dollar gave up overnight gains on Monday and turned lower following reports that the US proposed a temporary waiver of sanctions on Iran's oil. Also, comments on Monday afternoon from President Trump...

Barchart

Israel built two secret military bases in Iraq to aid Iran war, New York Times reports

A new report by the New York Times claims Israel built a second secret military base in Iraq’s western desert to support its strikes on Iran, and that the United States had knowledge of it. Citing an Iraqi official and lawmaker, the NYT reported that the presence of these bases…

France 24

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The Times of India

Trump says attack on Iran put on hold, warns US ready for ‘full, large scale assault’ if no deal reached

US President Donald Trump on Monday confirmed that the United States had been preparing to launch a military attack on Iran on Tuesday, but said he had decided to halt the operation after requests from key Gulf leaders as “serious negotiations” with Tehran continue.

Evening Standard

Trump calls off strikes on Iran at request of Gulf allies, amid ‘serious’ talks

The US president says he has instructed the military to prepare for strikes ‘on a moment’s notice’ in case of no agreement.

The Economic Times

Trump says holding off on Iran attack at request of Gulf leaders

President Donald Trump announced on social media Monday that a planned military strike on Iran, scheduled for Tuesday, has been postponed. He stated that efforts to reach a deal are ongoing, but the United States is prepared to resume attacks if an agreement is not achieved.

The Independent UK

Though gas prices dropped by a cent last week experts warn another spike could be coming ahead of Memorial Day

Oil markets are sensitive to the ever-shifting geopolitical tensions between the US and Iran, thus making gas prices volatile

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Barchart

Crude Oil Prices Finish Sharply Higher Amid Tightening Global Supplies

June WTI crude oil (CLM26 ) on Monday closed up +3.24 (+3.07%), and June RBOB gasoline (RBM26 ) closed up +0.0588 (+1.59%). Crude oil and gasoline prices rallied sharply on Monday, with crude posting a 3-week high and gasoline posting a nearly 4-year nearest-futures high. Crude prices soared on Monday...

The Independent UK

Trump’s approval rating hits new record low

IN FULL

Fortune

While Trump insisted the Iran war would end ‘soon,’ an account in his name was 'Selling America'

A brokerage account bearing the president’s name made 3,642 trades in the first quarter of 2026—hedging against a war he publicly said was nearly won.

Fortune

Ryanair’s CFO says the airline has plans for an ‘armageddon situation’ as the jet fuel crisis threatens weaker European airlines this winter

“Do we have plans for some kind of Armageddon situation? Of course, we do, but I don’t see that coming to pass,” said CFO Neil Sorahan.

Evening Standard

Biggest ever UK trade mission to US amid political crisis and Iran tensions

The King said the transatlantic partnership ‘must be continually renewed and strengthened for future generations’.

France 24

Cuba instead? Trump ups pressure on Havana as Iran campaign stalls

If Venezuela proved easier than Iran – where Donald Trump's still looking for a win – could that explain why the attention seems to be turning to Cuba? The United States last week dispatched its CIA director to Havana and offered aid, all the while its crippling blockade is plunging…

The Independent UK

Bessent grants a 30-day extension for Russian oil in tankers as Iran war squeezes supply

Treasury Secretary Scott Bessent says the U.S. will give a 30-day extension for countries to import Russian oil already in tankers at sea

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