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The Latest Breaking News from Iran

US Justice Department drops all criminal charges against Gautam Adani, closes case permanently

US authorities have dropped criminal fraud charges against Gautam Adani. This follows a $275 million settlement for a probe into sanctions violations. Adani had promised a $10 billion investment in the US economy. His lawyer argued the case was weak and investment was contingent on dismissal. The settlement involved apparent…

The Economic Times

UAE still investigating mystery nuclear plant drone attack

The enigma surrounding Sunday’s unprecedented drone attack on the Barakah nuclear plant deepened on Monday as the UAE said the drone came from its western border, but it did not accuse Iran.

Euronews

Joe Scarborough scoffs at Trump having ‘dementia’ but says president is growing more erratic

President Donald Trump has become more ‘exaggerated’ in his personal characteristics, Morning Joe host argues, in attack on commander-in-chief for abandoning U.S. allies in Europe

The Independent UK

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Israel built two covert military bases in Iraqi desert to support Iran strikes, report claims

One of the bases is reported to have been discovered by a shepherd who was later killed by Israeli forces

The Independent UK

How realistic is threat of Iran charging to use internet cables under strait of Hormuz?

Plan floated in Iranian media to extract revenues from US tech firms would rely on intimidation and is legally dubious

The Guardian - UK

The Iran War Has Cost Global Companies At Least $25 Billion, Report Shows

Reuters reported Monday that at least 279 publicly listed companies in the United States, Europe, and Asia have cited the war as a reason for defensive financial moves.

International Business Times

Bulletin world briefing: Kenya erupts into fiery protests over soaring fuel prices

Iran vows to hit back with ‘full strength’ if Trump attacks again Roads set on fire and commuters stranded as fuel protests erupt in Kenya Mexico cartel massacre and drone attacks force thousands of families to flee The city at ‘the end of the world’ faces hantavirus crisis – here’s…

The Independent UK

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Crude Oil Prices Underpinned by Lack of Progress in US-Iran Peace Negotiations

June WTI crude oil (CLM26 ) today is up +1.44 (+1.38%), and June RBOB gasoline (RBM26 ) is up +0.0441 (+1.19%). Crude oil and gasoline prices rallied to 2-week highs today as doubts about the progress of peace negotiations to end the US-Iran war keep the Strait of Hormuz closed...

Barchart

Ryanair Has Prepared For An 'Armageddon Situation' As Jet Fuel Prices Remain High

Ryanair's CFO said the company has prepared for an "Armageddon situation" as jet fuel prices remain elevated and the Strait of Hormuz closed.

International Business Times

Donald Trump's Shocking Air Force One 'Treason' Threat Reportedly Proves His War Delusions Are Worsening

Donald Trump's claim of a personal victory in the Iran conflict has sparked criticism, with concerns over his disregard for economic impacts on Americans and potential long-term consequences.

International Business Times UK

Marjorie Taylor Greene warns of ‘political revolution’ if Trump sends troops into ‘stupid’ Iran war

IN FULL

The Independent UK

Stocks Pressured by a Rebound in Crude Prices and Bond Yields

The S&P 500 Index ($SPX ) (SPY ) today is down -0.20%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.57%. June E-mini S&P futures (ESM26 ) are down -0.28%, and June E-mini Nasdaq futures...

Barchart

Iran sets up Hormuz transit authority to charge ships for passage

Tehran has launched a formal body to manage and charge ships for transit through the Strait of Hormuz in a highly-contested move as tankers pile up in the waterway and peace talks remain deadlocked.

Euronews

Trump Prompts 25th Amendment Demands After Threatening Iran, Posting AI Image of Himself Arresting an Alien

Donald Trump faces renewed 25th Amendment calls after threatening Iran on Truth Social and sharing AI-generated alien images, fueling criticism over his online behaviour.

International Business Times UK

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Latin Times

Iran Says U.S. Offered Oil Sanctions Relief As Trump Warns "Clock Is Ticking"

A report from Iran's semi-official Tasnim News Agency that the United States has offered a temporary waiver on oil sanctions against Tehran briefly cooled global crude markets Monday, even as President Donald Trump warned Iran that time was running out to reach a broader peace deal.

The Guardian - US

Donald Trump’s approval rating sinks to lowest point of second term

US president’s approval rating falls to 37% days after he said Americans’ financial situation is not motivating him to broker deal with Iran

International Business Times UK

Trump Panic: White House Officials Desperately Trying to Stop 'Terrible' PR Raid to Seize Iran Uranium

High-ranking Trump officials express concern over his plan to seize Iran's uranium, citing logistical challenges and potential military risks, while Israel supports the initiative.

Barchart

Dollar Falls as Crude Prices Slide and Stocks Rebound

The dollar index (DXY00 ) fell from a 1.25-month high today and is down by -0.21%. The dollar gave up overnight gains today and turned lower after crude oil prices retreated following reports that the US proposed a temporary waiver of sanctions on Iran’s oil. Lower crude prices lower inflation...

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The Economic Times

Adani Enterprises resolves US Treasury sanctions case with $275 mln settlement after 'proactive' disclosure, cooperation

Adani Enterprises has agreed to a $275 million settlement with the US Treasury. This resolves potential civil liability for 32 apparent violations of US sanctions on Iran. The company bought liquefied petroleum gas from a Dubai trader. This gas had actually originated from Iran. Separately, the US Securities and Exchange…

The Independent UK

The Iranian proxy claiming series of terror attacks on London

IN FULL

International Business Times

Iranian Media Says U.S. Offered Temporary Waiver On Oil Sanctions Against Tehran

Iranian outlet Tasnim reported that the U.S. offered an interim waiver on oil sanctions against the country.

Barchart

Stocks Mixed as Crude Oil Prices and Bond Yields Fall

The S&P 500 Index ($SPX ) (SPY ) today is up +0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.25%. June E-mini S&P futures (ESM26 ) are up +0.10%, and June E-mini Nasdaq futures...

The Economic Times

GIFT Nifty jumps nearly 1% after reports of US relief on Iran oil sanctions

GIFT Nifty rallied nearly 1% after reports indicated possible temporary US sanctions relief on Iranian oil exports. Hopes of additional crude supply eased inflation and energy shock concerns, lifting investor sentiment despite ongoing geopolitical tensions, volatile crude prices, rupee weakness, and uncertainty surrounding West Asia negotiations.

The Independent UK

Trump’s approval hits second-term low with brutal poll showing America’s disdain for Iran war and rising costs

President receives low marks from voters in his handling of the cost of living, the economy and Iran war

The Independent UK

Trump warns ‘clock is ticking’ for Iran while blasting peace proposal sent

IN FULL

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