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The Latest Breaking News from Iran

Trump news at a glance: US fires on Iranian-flagged tanker as president fires off post threatening more bombing

Trump warned Tehran to agree to deal or face attacks ‘at a much higher level and intensity’ than before – key US politics stories from 6 May 2026 at a glance

The Guardian - US

Think tank calls for lower speed limits and energy caps to offset Iran war fallout

IN FULL

The Independent UK

DHS says it may have an alleged motive for the attack during the White House Correspondents’ Dinner

Shooting suspect Cole Thomas Allen allegedly criticized the Iran war before the attack on the Correspondents’ Dinner

The Independent UK

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'Tell The Truth!': Pope Leo XIV Rejects Donald Trump's Claim He Supports Nuclear Iran

Pope Leo XIV has rejected Donald Trump's claim that he is 'endangering Catholics' by backing a nuclear‑armed Iran, insisting the Church has always opposed nuclear weapons, as US Secretary of State Marco Rubio arrives in Rome for tense Vatican talks on Iran and US policy.

International Business Times UK

Lower speed limits could help stop Iran war damaging UK economy, think tank says

Inflation could soar and conflict in the Middle East could cost the Treasury £8bn a year, new modelling indicates

The Independent UK

Trump Warns $200–$250 Oil Prices Are 'Worth It' If It Means Halting Iran Nuclear Threat

President Trump is willing to accept economic disruptions, including high oil prices and stock market declines, to prevent Iran from acquiring nuclear weapons, emphasizing security over financial stability.

International Business Times UK

Cotton Pulls Off Early Lows, Still Closes Lower on Wednesday

Cotton futures closed the Wednesday session with contracts down 31 to 75 points. The US dollar index was $0.420 lower at $97.890. Crude oil was down $6.06 on the day following the US and Iran closing in on reaching a memorandum of understanding that would, among other things, allow for...

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‘Sharks with laser beams’: The Joint Chiefs chairman just responded to Iran’s kamikaze dolphin reports with an Austin Powers quote

Just when you thought you’d heard it all.

We Got This Covered

Fertiliser shortages to have dramatic effect on food prices, says Duke of Westminster’s firm

Mark Preston, of Grosvenor Group, who owns one of the UK’s leading farms, says knock-on effect of Iran war could arrive next year

The Guardian - UK

Kraft Heinz’s new CEO wants food giant to focus on value: ‘Consumers are literally running out of money’

Steve Cahillane warned that new global conflicts like the war in Iran could fuel more inflation, at a time when past price increases have already hurt grocery sales

The Independent UK

Morning Mail: Coalition’s ‘roadmap’ to slash immigration leaked, Trump’s new threat to Iran, Ted Turner dies

US president says Tehran must accept a deal or face a new wave of bombing

The Guardian - AU

US attacks Iranian ship after ‘failing to comply with blockade warnings’

IN FULL

The Independent UK

Stock Surge on Robust Tech Earnings and US-Iran Peace Hopes

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +1.46%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.24%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.08%. June E-mini S&P futures (ESM26 ) rose +1.45%, and June E-mini Nasdaq futures...

Barchart

Trump Cover-Up Allegations Erupt as Satellite Images Show Massive Iran War Damage

A report suggests the Trump administration may have downplayed the extent of damage from Iranian strikes on US bases, raising transparency concerns.

International Business Times UK

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The Independent UK

Trump leans on UFC fighter to support his Iran war stance: ‘We’re in good shape’

The president turned to fighter Justin Gaethje for his opinion on the state of the U.S. war with Iran during a hastily announced Oval Office setup to promote Trump’s June 14 ‘UFC Freedom 250’ birthday event on the South Lawn

Axios

Trump optimistic as U.S. awaits Iran's response to peace framework

U.S. officials said they expect a response from Tehran in the next 24-48 hours.

Kiplinger

Nasdaq Jumps to New High on AMD Earnings: Stock Market Today

Advanced Micro Devices was the latest chip stock to hit a home run with earnings.

The Independent UK

Trump calls Iran war a ‘skirmish’ during Melania’s Mother’s Day military tribute

IN FULL

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Barchart

Hopes for an Imminent End to the US-Iran War Weigh on the Dollar

The dollar index (DXY00 ) fell to a 2.5-month low on Wednesday and finished down by -0.45%. Optimism that a peace deal between the US and Iran is imminent weighed on safe-haven demand for the dollar on Wednesday. Also, Wednesday's -7% plunge in crude oil prices eases inflation expectations and...

Evening Standard

Trump says ‘bombing starts’ if Iran fails to reach deal, amid UK jobs warning

The US president insists the conflict is ‘going very smoothly’ despite the global economic shock and spike in petrol prices.

Barchart

Crude Oil Prices Sink on Improved Iran Peace Prospects

June WTI crude oil (CLM26 ) on Wednesday closed down -7.19 (-7.03%), and June RBOB gasoline (RBM26 ) closed down -0.1613 (-4.46%). Crude oil and gasoline prices plummeted on Wednesday, with crude falling to a 2-week low and gasoline sliding to a 1-week low. Optimism that a US-Iran peace deal...

International Business Times

U.S. Airlines Saw Jet Fuel Prices More Than Double In March As Iran War Raged

U.S. airlines saw jet fuel prices more than double in March as the war in Iran raged on, according to new data from the U.S. government.

The Guardian - US

Uncertainty looms as last oil tanker from Middle East arrives in California

With gas more than $6 in state, delivery of about 2m barrels is last planned shipment to pass through strait of Hormuz

The Independent UK

Voices: China has a chance to help the US and Iran find an off-ramp

THE INDEPENDENT VIEW: Editorial: Washington and Tehran would both like to find a way out of this war – and Xi Jinping can do much to push the latter in that direction

The Independent UK

Donald Trump warns Iran: make a deal or bombing will resume at ‘higher level’

‘If they don’t agree, the bombing starts,’ says president

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