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The Latest Breaking News from Iran

Stocks soar and oil sinks on fresh peace deal hope

The FTSE 100 closed up 219.55 points at 10,438.66.

Evening Standard

Iranian Attacks Reportedly Hit More U.S. Bases Than Previously Disclosed

Iranian attacks against U.S. bases in the Middle East have caused more damaged than initially disclosed, according to a new report.

International Business Times

Bulletin PM briefing: Trump threatens to bomb Iran and British man evacuated from virus-stricken cruise ship

In case you missed them – here are today’s five biggest stories

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Another day, another pivot as Trump flails in an Iran trap of his own making

Latest proposal, derided by Tehran as a ‘wishlist’, could yet be a way out – but with 5,000 dead, it comes at an awful price

The Guardian - UK

US fires on Iranian-flagged oil tanker as Trump gives Tehran fresh ultimatum

President tells Iran to accept deal to end war or face new wave of bombing at ‘much higher level and intensity’

The Guardian - UK

Israel ‘not aware’ of Trump being close to negotiating peace deal with Iran

IN FULL

The Independent UK

Gas price surge hits lower-income Americans the hardest, research shows

This trend has exacerbated existing economic disparities across the nation

The Independent UK

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Crude Oil Prices Plummet on Optimism of US-Iran War to End

June WTI crude oil (CLM26 ) today is down -7.13 (-6.97%), and June RBOB gasoline (RBM26 ) closed down -0.1780 (-4.92%). Crude oil and gasoline prices are plunging today, with crude falling to a 2-week low and gasoline sliding to a 1-week low. Optimism that a US-Iran peace deal is...

Barchart

‘Rockets flew over our heads’: Ukrainian sailor who fled war trapped on ship in Strait of Hormuz

Donald Trump said his new ‘Project Freedom’ initiative to save ships stranded in the Gulf has been put on hold

The Independent UK

Iran Says It's Reviewing The U.S.'s Latest Proposal To End The War

Iran said on Wednesday that it is reviewing the U.S.'s latest proposal to end the war.

International Business Times

Florida activist finally comes down from DC bridge five days into protest

His presence led to intermittent traffic disruptions as local police closed lanes and engaged in negotiations.

The Independent UK

S&P 500 and Nasdaq 100 at Record Highs on Tech Earnings and US-Iran Peace Hopes

The S&P 500 Index ($SPX ) (SPY ) today is up +1.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.44%. June E-mini S&P futures (ESM26 ) are up +1.19%, and June E-mini Nasdaq futures...

Barchart

Jimmy Kimmel on Trump’s ballroom: ‘What can you say? The man loves to dance’

Late night hosts focused on Trump’s Iran war, the latest Maga AI meme and Cinco de Mayo celebrations

The Guardian - US

Is World War III Coming? Donald Trump Issues Chilling Warning During Iran Conflict

President Trump warns of World War III if tensions with Iran escalate, emphasizing the importance of strong leadership to prevent global conflict.

International Business Times UK

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The Times of India

Ceasefire in a page: US, Iran shrink war to a memo

TOI correspondent from Washington: The United States and Iran are edging closer to a diplomatic breakthrough, with both sides working to finalize a one-page memorandum that could open the door to longer-term negotiations and end the three-month long global ordeal.

Latin Times

Fox News Host Says Trump Believes Iran Is 'Serious About Surrendering' After Hormuz Pause: 'He Must Know What He's Doing'

Trump said the operation would pause for "a short period of time" while negotiations continued toward what he described as a "complete and final agreement" with Iran

The Conversation

China has played a key role in the Iran war – and will continue to do so

Donald Trump has paused “Project Freedom”, the US operation aimed at restoring commercial shipping through the Strait of Hormuz. In a post on social media just days after the operation was first announced, Trump said he had made the decision to give US negotiators time to reach an agreement with…

The Mary Sue

15,000 US troops deployed to escort tankers through Hormuz but the real question is why Trump’s blockade is making oil prices worse

Defense Secretary Pete Hegseth has said that 15,000 U.S. troops are now stationed in the Strait of Hormuz to escort oil tankers through the heavily contested waterway. The deployment is part of “Project Freedom,” a new military operation launched to break Iran’s blockade and restore global oil flow. However, while…

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The Mary Sue

Secretary of War just silenced a reporter with a wild claim that Trump isn’t Netanyahu’s puppet, then doubled down with a bizarre defense

Pete Hegseth just shut down a reporter with a wild claim that Donald Trump isn’t Benjamin Netanyahu’s puppet, then doubled down with a bizarre defense that left the press room buzzing. The exchange happened at the Pentagon briefing on May 5, 2026, where Hegseth, the Secretary of War, cut off…

The Independent UK

Family fears for jailed Iranian Nobel Peace laureate's life if she's not moved to a Tehran hospital

Nobel laureate Narges Mohammadi is in critical condition in an Iranian hospital

The Independent UK

China ‘deeply distressed’ by US-Iran war and demands peace talks

IN FULL

Barchart

Dollar Tumbles on Optimism US-Iran War Nearing an End

The dollar index (DXY00 ) tumbled to a 2.5-month low today and is down by -0.46%. Optimism that a peace deal between the US and Iran is near is weighing on safe-haven demand for the dollar today. Also, today's -6% plunge in crude oil prices eases inflation expectations and could...

Euronews

French carrier group moves south of Suez ahead of conditional UK-French Hormuz mission

The carrier’s southward move puts French air assets within range of the strait without entering the Gulf, where the US Navy has been blockading Iranian ports since 13 April.

Barchart

Stocks Rally on Tech Earnings and Hopes of a US-Iran Peace Deal

The S&P 500 Index ($SPX ) (SPY ) today is up +0.76%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.94%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.19%. June E-mini S&P futures (ESM26 ) are up +0.81%, and June E-mini Nasdaq futures...

Reason

Trump's Bluff to Iran Didn't Work

After trying to open the Strait of Hormuz by force, the U.S. is ready to accept an Iranian proposal it had rejected.

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