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The Latest Breaking News from Iran

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

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.

The Times of India

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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.

Evening Standard

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 Economic Times

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

The Independent UK

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...

Barchart

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Trump’s approval rating hits new record low

IN FULL

The Independent UK

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.

Fortune

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’.

Evening Standard

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…

France 24

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

The Independent UK

$The Guardian view on India’s Iran shock: Asia’s neoliberal era starts to fracture$

The Guardian view on India’s Iran shock: Asia’s neoliberal era starts to fracture

Editorial: Narendra Modi’s austerity appeals reveal how war, energy insecurity and dollar pressures expose the fragility of globalisation

The Guardian - UK

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Bangkok Post

The economy after China summit

The optics of the summit between Donald Trump and Xi Jinping were carefully staged to signal parity between the US and China. Mr Trump, the first US president to visit mainland China in nearly a decade, was accompanied by an entourage of American CEOs -- including Tesla's Elon Musk, Apple's…

The Economic Times

Israel, Hezbollah war persists despite truce extension; Lebanon's death toll passes 3,000

Fighting continues between Israel and Hezbollah in southern Lebanon. Israel conducted airstrikes while Hezbollah announced new attacks. This war, reignited by US-Iran conflict, has claimed over 3,000 lives in Lebanon. A US-backed truce extension began recently. Hostilities persist despite mediation efforts.

We Got This Covered

Someone bet $800 million on oil prices dropping 15 minutes before Trump posted about Iran peace talks. Federal investigators want to know who.

Can’t be a lucky guess.

International Business Times

EU To Downgrade Growth Forecast Due To 'Stagflationary Shock' From Iran War

The European Union will cut its growth forecast as a result of the "stagflationary shock" from the Iran war, its economy commissioner said.

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The Guardian - UK

London stabbing of journalist ordered by third party acting for Iran, court told

Pouria Zeraati, who worked for a dissident Farsi-language broadcaster, was attacked outside his home in 2024

International Business Times

Iran's Response To U.S. Proposal To End The War Likely Insufficient, U.S. Official Says

Iran's response to the U.S.'s proposal to end the war is likely insufficient for a deal, according to a senior U.S. official.

The Guardian - UK

‘Disposable’ operatives for hire are a new menace for western countries

A court case in New York has highlighted how Iran is using technology to recruit agents who may not even be regime supporters

International Business Times UK

Iran Tightens Grip on Strait of Hormuz With New Maritime Authority as Donald Trump Warns the Clock Is Ticking

Middle East tensions are rising as Trump renewed threats toward Iran while Tehran tightened control over the Strait of Hormuz amid uncertain peace talks.

The Guardian - UK

Trump claims planned attack on Iran postponed after Tehran makes new proposal to end war

The US president says plans for a US military strike on Iran have been paused because ‘serious negotiations are now taking place’

Latin Times

Marjorie Taylor Green Has a Clear Message for the Trump Administration: End This War. It's Stupid.'

Greene's public break with the administration over Iran began in early March, when she questioned the president's mental state after escalating the conflict

Latin Times

The Strait of Hormuz Now Has Its Own Social Media Account as Iran Turns Tensions Into a Digital War

An X account using the handle @PGSA_IRAN and the display name tied to the Hormuz Gulf appeared Monday as tensions over the waterway remained at the center of the standoff between Iran and the United States

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