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The Latest Breaking News from Iran

UK government borrowing costs rise as Starmer ‘fails to reassure bond markets’ – as it happened

Yields on 10- and 30-year British government bonds have risen today, as investors digest possibility of leadership challenge

The Guardian - UK

$200 million divorce battle: Iranian heiress accused of shielding family assets to block husband’s claims in California

An Iranian heiress has been accused of shielding millions of dollars in assets from her husband in a $200 million divorce battle, according to new court filings in California.

The Times of India

UK borrowing costs rise as Starmer speech fails to dispel investor ‘jitters’

Bond yields creep higher on concerns about potential for political instability and rising inflation

The Guardian - UK

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First Thing: Trump calls Iran’s response to peace plan ‘totally unacceptable’ as ceasefire frays

President’s remarks came as Benjamin Netanyahu said the war was ‘not over’. Plus, American passengers of the hantavirus-stricken cruise ship travel to Nebraska

The Guardian - UK

Second Qatari LNG tanker heads through Hormuz to Pakistan as Iran war continues, data shows

A second Qatari LNG tanker, Mihzem, is transiting the Strait of Hormuz to Pakistan under an Iran-approved deal, following the Al Kharaitiyat's passage. This arrangement, facilitated by Pakistan's mediation role, allows Qatari cargoes to cross the waterway on a case-by-case basis amid conflict risks.

The Economic Times

IRGC-linked media outlines plan to tax and control undersea internet cables in the Hormuz Strait — Iran's mouthpiece calls for a cut of $10 trillion of transactions that pulse through the cables daily

The oil and shipping choke point of the Strait of Hormuz looks set to become a digital pressure point with internet cabling under threat.

Tom’s Hardware

Iran says US must end 'one-sided pressure', calls its proposal 'generous'

Iran's foreign ministry has urged the US to abandon its "one-sided approach" and accept Tehran's "legitimate demands." These include ending hostilities, lifting blockades, and releasing frozen assets. Spokesperson Esmaeil Baghaei stated Iran's proposals are reasonable and aim for regional stability, accusing the US of "maximum pressure" and blaming its actions…

The Times of India

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Iran, China and AI collide in Trump's legacy-defining week

The coming days carry stakes measured in decades.

Axios

Oil prices climb after Trump dismisses Iran’s response to peace plan

Brent crude rises after US president calls overture from Tehran ‘totally unacceptable’

The Guardian - UK

Heathrow hit by Iran war: Passenger traffic drops 5% in April, Middle East traffic plunges over 50%

London’s Heathrow Airport experienced a sharp decline in passenger traffic in April, with the ongoing Iran conflict leading to disruptions across global aviation networks.

The Times of India

Heathrow passenger numbers dip as demand for international travel ebbs amid Iran war fallout

Airport reports 5% decline but transit passenger business rises as fliers use hub to avoid Middle East airports

The Guardian - UK

Aussie shares drop as ceasefire frays, CSL plunges

Local shares have slid after Donald Trump called Iran's peace offer "totally unacceptable" and a local biotech company downgraded its earnings guidance.

AAP

UK households bracing for new cost of living crisis, report finds

PwC survey reports fast fall in consumer confidence with people worried about Iran war’s impact on economy and personal finances

The Guardian - UK

The Iran draft proposal Trump called 'totally unacceptable': What was in it?

Iran has presented a list of demands for a ceasefire with the US. These include lifting sanctions, compensation for damages, and the withdrawal of American troops. President Trump has rejected these terms as unacceptable. The standoff has impacted global oil markets and heightened regional tensions. Diplomatic efforts continue amidst ongoing…

The Times of India

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Roll Call

Higher fertilizer prices pressure Trump-loyal US farmers

Fertilizer costs have increased during the U.S.-Israeli war with Iran, putting pressure on American farmers who have been politically loyal to Donald Trump, as Democrats draw a direct connection between the president’s actions and suffering farms. In his successful 2024 White House bid, 77.7 percent of the country’s farm-dependent counties…

The Times of India

'Everyone shares responsibility': Netanyahu's big admission over October 7 Hamas attack

Israeli Prime Minister Benjamin Netanyahu acknowledged some responsibility for the October 7th security failures, stating accountability rests with "everyone" across the establishment. He emphasized focusing on post-attack events and Iran's broader threat, asserting he was previously a restrained leader. The offensive in Gaza has resulted in significant Palestinian casualties and…

MyLifeXP

Why PM Modi Suddenly Wants Indians to Work From Home

As fuel prices rise and tensions in West Asia continue to grow, Prime Minister Narendra Modi has made an unexpected appeal to Indians work from home whenever possible, avoid unnecessary travel, and use fuel carefully. For many people, it sounded like a reminder from the Covid era. But behind this…

The Times of India

Trump to visit China on May 13: Trade, Taiwan and more — what’s on the table

President Donald Trump is set to visit China from May 13-15 for talks with President Xi Jinping, focusing on easing trade tensions and discussing Iran. Broader issues like tariffs and Taiwan are also on the agenda. The visit aims to rebalance the relationship, prioritizing reciprocity and fairness for American economic…

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The Guardian - US

Trump news at a glance: Trump wants to ‘go in’ to Iran to secure nuclear material, Netanyahu claims

Iran says it has responded to US peace proposal as ceasefire comes under strain and Israeli prime minister says war is ‘not over’

Axios

Trump to Axios: "I don't like" Iran's peace plan response

The U.S. hoped for a sign a deal was getting close. Trump's reaction suggests the opposite.

The Guardian - UK

Trump calls Iran’s response to peace plan ‘totally unacceptable’ as ceasefire frays

US president expresses ire at Tehran’s reported demands, as drones strike Gulf nations and Israel warns war ‘not over’

The Guardian - UK

Nobel laureate’s smuggled memoir details beatings and neglect in Iranian prisons

Writing by Narges Mohammadi, arrested 14 times for activism, offers a disturbing insight into treatment

The Guardian - AU

Morning Mail: Iranian politician’s Australian links revealed; how One Nation won in Farrer; the mystery of ‘gaping’ whales

Australia’s handling of Iran sanctions in spotlight; voter shifts to One Nation seen across Farrer; research sheds new light on whale behaviour

The Times of India

‘Totally unacceptable’: Trump rejects Iran’s ceasefire response sent via Pakistan

Iran has responded to a US ceasefire proposal through Pakistani mediators, seeking a permanent end to regional conflicts and guarantees for maritime security. President Trump rejected Tehran's position, calling it "TOTALLY UNACCEPTABLE!" amid rising tensions and drone incidents in the Gulf.

The Guardian - AU

Property, a visa and a university job: the Australian links forged by a powerful Iranian politician’s son in Melbourne

The son of Mohammad Bagher Ghalibaf – who is leading peace negotiations with US – lived and worked in Melbourne, raising questions about sanctions and security

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