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The Latest Breaking News from Iran

Faced with war, crackdown against Baha’is rising in Iran

The Baha’i community in India has been deeply distressed by the war in Iran, which has seen an uptick in persecution of Iranian Baha’is. Many Indian Baha’is originally came from Iran and continue to have relatives in that country.

The Times of India

Oil Price Today (May 18): Crude oil above $110 again as Iran war tensions deepen. Where is liquid gold headed?

Oil prices climbed on Monday. Hopes for peace with Iran dimmed after an attack on a UAE nuclear plant. President Trump is reviewing military actions. Drone attacks on the UAE and Saudi Arabia increased fears of wider conflict. The Strait of Hormuz remains a key concern for global oil and…

The Economic Times

Rupee seen testing record lows; bonds to extend fall on Iran war jitters

The Indian rupee is poised to hit record lows as investors grapple with growth-inflation risks stemming from the Iran war. Rising Brent crude prices are fueling global inflation concerns, prompting expectations of monetary tightening. India's policymakers are implementing measures to support the rupee and manage balance of payments pressures, while…

The Economic Times

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Donald Trump-Xi Jinping summit: Taiwan absent from White House China visit summary amid Iran, trade focus

US President Trump's China visit yielded trade and investment pacts, including Boeing aircraft and agricultural deals. Both nations agreed on Iran's nuclear non-proliferation and Strait of Hormuz access. Notably, Taiwan, a key discussion point, was omitted from the White House fact sheet, despite Trump hinting at reconsidering arms sales.

The Times of India

China committed to US on not providing material support to Iran: US trade representative

US Trade Representative Jamieson Greer said President Donald Trump secured a commitment from China not to provide “material support” to Iran during talks with Chinese President Xi Jinping.

The Economic Times

'Dangerous escalation': India expresses deep concern after drone strikes target Barakah nuclear facility in UAE

India on Monday expressed deep concern after a drone attack targeted the Barakah Nuclear Power Plant in the UAE, calling it a “dangerous escalation” amid rising Gulf tensions. The Ministry of External Affairs said such attacks were unacceptable and urged restraint, dialogue and diplomacy.

The Economic Times

Trump’s Truth Social spree features aliens, space warfare and Iran strike memes

As tensions with Iran escalated and nuclear talks stalled, Donald Trump flooded Truth Social with AI-generated images featuring aliens, missile strikes and space warfare. The US President shared around 25 posts, including maps targeting Iran and military-themed memes, while warning Tehran that “time is of the essence”. Iran rejected Washington’s…

The Times of India

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Oil touches 2-week high after drone attack on UAE nuclear power plant

Oil prices are rising as tensions between the U.S. and Iran escalate. An attack on a nuclear power plant in the United Arab Emirates has heightened concerns. U.S. President Donald Trump is reportedly set to discuss military actions against Iran. This follows recent drone attacks on the UAE and Saudi…

The Economic Times

Bond yield spike puts equities market at risk

Investors warn that US stock markets are not reflecting inflation risks. High energy prices and the Iran conflict are overlooked. A recent spike in bond yields is causing caution. Experts note a market paradox with strong earnings but negative inflation signals. Clients are seeking clarity on this divided outlook. This…

The Economic Times

White House fact sheet on Trump's China visit cites Iran agreement; omits Taiwan

The US and China have agreed to create new trade and investment boards and build a more stable economic relationship based on fairness and reciprocity, according to a White House fact sheet released after talks between US President Donald Trump and Chinese President Xi Jinping in Beijing.

The Economic Times

UAE and Saudi Arabia report drone incidents as Iran war deadlock drags on

A drone strike caused a fire at the Barakah nuclear power plant in the UAE, while Saudi Arabia said it intercepted three drones that entered from Iraqi airspace, amid rising tensions linked to the US-Iran conflict. UAE officials called the attack a dangerous escalation and said they were investigating the…

The Economic Times

President Trump Posts Image Hinting at Nuclear Strike as Iran Deal Clock Runs Out

President Trump threatens Iran with military strikes if nuclear negotiations fail, amid rising tensions and a recent drone attack on a UAE nuclear plant.

International Business Times UK

As ceasefire with Iran crumbles, Trump seems to be ignoring his Joint Chiefs and waiting for Netanyahu’s phone call instead

The phone calls that run the war.

We Got This Covered

UK firms halt investments and hiring as Iran war pushes up costs, bosses warn

Survey shows businesses ‘struggling to absorb latest economic shock’, while data says April vacancies down 7.7%

The Guardian - UK

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Fortune

Markets are jittery as the global oil crisis bleeds into a global debt selloff, while Trump weighs new military options on Iran

Trump told Axios "the clock is ticking" for Iran and warned if the regime doesn't make a better deal "they are going to get hit much harder."

The Times of India

Iran’s next move after blocking Hormuz? Tehran is now eyeing the Gulf’s hidden arteries

Iran’s widening war with the US and much of the Middle East appears to be entering a new phase. After using the Strait of Hormuz as leverage during months of military escalation, Tehran is now signalling that it could target another critical global chokepoint: the vast network of subsea internet…

The Times of India

‘There won’t be anything left’: Trump says ‘clock is ticking’ for Iran as nuclear talks stall

US President Donald Trump intensified pressure on Iran on Sunday as diplomatic efforts to end months of conflict in the Middle East appeared to edge closer to collapse. Trump issued a stark warning on social media following a call with Israeli Prime Minister Benjamin Netanyahu, signalling growing frustration over stalled…

The Mary Sue

Trump jets out of Beijing with zero deals on Taiwan, Iran, or tariffs but insists his talks with Xi were ‘very good’

President Donald Trump left Beijing empty-handed on the biggest sticking points between the U.S. and China, wrapping up a two-day summit with no deals on Taiwan, Iran, or tariffs. Despite the lack of concrete progress, Trump insisted his talks with Chinese President Xi Jinping were “very good,” framing the meeting…

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We Got This Covered

The internet thinks another war between Iran and the U.S. is imminent after suspicious explosions rock Israel and the UAE

The ceasefire between the United States and Iran was already held together with duct tape and denial, and now, it’s finally crumbling into all-out war in the Middle East again.

The Guardian - UK

UAE blames Iran or proxies for strike near nuclear plant, as Trump tells Tehran ‘clock is ticking’

Abu Dhabi denounces ‘dangerous escalation’ as Iran war ceasefire grows more precarious, and US president voices impatience at stalemate

The Independent UK

Cuba stockpiles drones and creates list of American targets amid U.S. blockade and takeover threats, report says

Cuba is in the midst of a humanitarian and energy crisis after months of a de facto U.S. blockade on oil imports

The Economic Times

Get your G-Minus-2 on: China sets global power dynamics

China is leading global power dynamics with the US. India faces economic strain and a shifting geopolitical landscape. The nation's 'G-Minus-2' strategy is now a reality. China's new policies threaten supply chain diversification. India's economic vulnerability is evident. The Quad meeting in New Delhi will focus on China.

International Business Times

Iran War, Inflationary Concerns Loom Over Paris G7 Meet

French President Emmanuel Macron;s priority is to "tackle imbalances," and the summit will also be a platform to discuss key economic issues including America's big budget deficits, dwindling investments in Europe and China's vast trade surplus

The Independent UK

Lindsey Graham rants about Churchill and Nazis when asked to defend Trump’s comments on Americans’ finances

Graham compares Trump to Winston Churchill amid the war in Iran causing gas prices to spike

Latin Times

Israel Reportedly Preparing For The Possibility That Iran War Will Resume Soon

Israel is preparing for the possibility that the war in Iran will resume soon, according to a new report.

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