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The Latest Breaking News from Iran

US announces $15 million bounty targeting Iran army funding mechanisms

The US State Department is offering up to $15 million for information on financial networks linked to Iran's IRGC, targeting its illicit oil trade. This move, part of expanded sanctions, aims to disrupt funding for proxy groups and regional aggression. The US also sanctioned a network involved in selling Iranian…

The Times of India

Geopolitical tensions keep markets nervous despite strong earnings: Dipan Mehta

Geopolitical tensions, particularly the Iran crisis, are overshadowing strong corporate earnings, according to Dipan Mehta. While India Inc. shows resilience with encouraging results from auto, NBFC, and FMCG sectors, investors remain cautious. Mehta advises selectively accumulating quality businesses available at reasonable valuations amidst this uncertainty, highlighting potential in tech, auto…

The Economic Times

US State Department offers $15 million bounty for insights on Iran's IRGC funding networks

The US Department of State has announced a reward of up to USD 15 million for key intel that could turn the tide against Iran's Islamic Revolutionary Guard Corps. This strategic initiative focuses on choking off their illicit oil operations and funding channels. Allegations suggest these funds back terrorism and…

The Economic Times

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Tui says summer bookings down as Iran war and Jamaica hurricanes hurt profits

Europe’s largest travel operator is one of several firms to be impacted by the conflict in the Middle East, which began at the end of February.

Evening Standard

China calls on Pakistan to strengthen diplomatic efforts in Iran–US dialogue

China on Tuesday urged Pakistan to intensify its diplomatic mediation efforts in facilitating dialogue between Iran and the United States, as tensions around the Strait of Hormuz continue to raise economic concerns.

The Times of India

Trump heads to China for Iran war talks with Xi

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The Independent UK

Fire or ice: Why a ceasefire in the Gulf cannot hold

As the specter of renewed conflict between the US and Iran looms, the Strait of Hormuz stands at the center of this brewing storm. A fresh clash could erupt, either plunging the world into a major wartime scenario or extending a tense cold war. The repercussions could be drastic, disrupting…

The Economic Times

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Trump arrives in Beijing for high-stakes summit with Xi

This week's trip, the first since Trump visited Beijing in 2017, will involve highly anticipated talks with Xi on Thursday and Friday.

Euronews

Trump vows to push Xi to 'open up' China at superpower summit

President Donald Trump travels to Beijing for talks with President Xi Jinping. He promises persuading China to open up to American businesses and addressing trade disputes. Discussions will also cover Taiwan and the ongoing situation in Iran. Top CEOs are accompanying Trump, highlighting the economic focus of this significant visit.

The Economic Times

Payback for help during India-Pakistan war? Iran's jets at Nur Khan airbase trigger memories of 1971

Pakistan confirmed Iranian military aircraft landed during the US-Iran conflict, sparking questions about its neutrality as a mediator. While denying military contingency use, Islamabad stated aircraft arrived during a ceasefire for diplomatic support. This has revived historical comparisons and intensified US scrutiny over Pakistan's mediation role, leading to calls for…

The Economic Times

Trump and Xi tête-à-tête: five key issues on the table in China

The US president has arrived in Beijing to much pomp and ceremony. Iran, Taiwan, trade, AI and drugs look set to dominate talks at the summit

The Guardian - AU

Watch: Inside the Trump-Xi visit that could leave Europe in the cold

For the first time since 2017, Donald Trump visits China. Meeting Xi Jinping to discuss Iran, nuclear weapons, trade, and AI, the US President arrives with a weakened hand. What could this mean for Europe?

Euronews

Trump-Xi summit: What to expect as US-China ties, Trade, Taiwan and Iran on the agenda

Trump-Xi summit: As Presidents Xi Jinping and Donald Trump are gearing up for an important summit, the current stable diplomatic landscape prospects looming challenges that can threaten this equilibrium. Key topics include the tricky realms of trade, technology, and Taiwan, US expectations of China, along with the shadow of the…

The Economic Times

Price shocks from the Iran war power solar sales in energy-hungry Asia

Panicked consumers in hard-hit Asia are turning to rooftop solar power as costs climb due to the Iran war

The Independent UK

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The Independent UK

China and US hold last-minute trade talks to ‘sound each other out’ ahead of Trump-Xi summit

Officials from both sides meet at South Korea’s Incheon airport after separate meetings with president Lee Jae Myung

The Economic Times

China urges Pakistan to step up Iran-US mediation: Chinese media

China is pushing Pakistan to boost its role in mediating talks between Iran and the United States. This comes as discussions focus on stability in the Strait of Hormuz. Meanwhile, a US Senator has voiced doubts about Pakistan's neutrality. These concerns arise from reports of Iranian military aircraft being allowed…

MyLifeXP

Why Experts Fear India’s Toughest Economic Phase Yet

A single statement from banker Uday Kotak has suddenly sparked fear across India’s business and financial circles. “The shock is coming,” he warned while speaking about the growing Iran conflict and India’s dangerous dependence on imported oil. At first, it sounded like just another economic caution. But when India’s top…

The Times of India

'I don’t think about Americans’ financial situation': Trump says only thing that matters is deal with Iran

President Trump stated that American financial struggles will not influence his Iran negotiations, emphasizing that preventing Iran from obtaining a nuclear weapon is his sole priority. White House Communications Director Steven Cheung affirmed that Trump's ultimate responsibility is American safety and security, as Iran acquiring a nuclear weapon would threaten…

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The Independent UK

Oil prices fall after three-day rally as Trump heads to China

President says he doesn't think he’ll need Beijing’s help to end the US-Israeli war against Iran

Euronews

Trump in China: Can America keep up in the AI Cold War and what will be discussed in tech?

As Trump heads to Beijing for a summit with Xi Jinping, AI-enabled warfare, cybersecurity and the deepening US-China tech rivalry are set to dominate talks, even as a breakthrough deal on semiconductors looks unlikely.

Euronews

Pentagon says US has spent $29 billion on Iran war so far, amid concerns over weapons stockpiles

Defence Secretary Pete Hegseth came under intense questioning by Democratic and Republican lawmakers over the cost of war, Trump's end game and diminishing weapons stockpiles.

The Independent UK

US grocery prices rose in April, but gas spikes weren't the only reason

Americans paid more for their groceries in April, but high gas prices were only one of the reasons why

The Times of India

Saudi Arabia launched secret retaliatory airstrikes on Iran during regional war: Report

Saudi Arabia conducted unpublicized airstrikes on Iran in late March, marking the first direct military action on Iranian soil in retaliation for attacks within the kingdom. This shift in approach followed Iranian strikes on Gulf Cooperation Council states, leading to an informal de-escalation understanding between Riyadh and Tehran.

The Independent UK

Soaring inflation and plummeting economy test Iran's ability to withstand war and US blockade

The struggles of Iran's economy are testing its ability to withstand the war and defy Washington’s demands

The Guardian - UK

Trump lands in China for high-stakes summit with Xi Jinping, as Iran war looms over talks

The US president arrives with tech leaders including Elon Musk and Tim Cook, with trade, AI and Taiwan all set to be discussed

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