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The Latest Breaking News from Iran

Move over TACO, NACHO takes over: Trump earns new nickname amid oil disruption from Strait of Hormuz blockade

Market analysts have shifted from the 'TACO' nickname for President Trump to 'NACHO' amid escalating tensions over the Strait of Hormuz. This new label reflects growing skepticism that the crucial global energy route will reopen soon, despite ongoing diplomatic efforts and trade disputes.

The Times of India

Campaigners issue warning after Bahrain strips citizenships of Iran ‘sympathisers’

IN FULL

The Independent UK

A month ago, Trump told allies the Strait of Hormuz was not his problem. Now he’s begging them to fix it for him

Well, it's his problem now.

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King Charles arrives in Bermuda after whirlwind US visit

King Charles III arrived in Bermuda on Thursday after wrapping up a marathon US state visit aimed at healing ties between Washington and London strained by the war in Iran.

Radio France Internationale

Iran targets long-standing exiled opposition as war deepens repression

A sharp rise in Iranian executions of alleged People’s Mojahedin members is drawing attention to one of the country’s oldest and most divisive opposition movements – a group whose leaders fled abroad decades ago, but which still claims to run resistance networks inside Iran.

Radio France Internationale

Bulletin world briefing: UN sounds nuclear alarm over Iran’s uranium stockpile

Here are five of the biggest stories from around the world today

The Independent UK

Pete Hegseth Leaves Lawmakers Alarmed by Declining to Verify Donald Trump's Mental Suitability to Lead as Commander-in-Chief

Hegseth avoided directly answering questions about Trump's mental fitness during a congressional hearing, leading to a tense exchange with lawmakers

International Business Times UK

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Pete Hegseth’s second Capitol Hill hearing interrupted by anti-war protester

Defense Secretary Pete Hegseth is back on Capitol Hill for his second day of grilling regarding his handling of the Iran war, with senators getting their first opportunity to question him on Thursday. Hegseth previously endured a nearly six-hour House Armed Services Committee hearing, where he was pressed by Democrats…

The Independent UK

Bulletin PM briefing: Terror attack suspect identified and new threat from Iran

Golders Green terror attack suspect is identified. Iran’s supreme leader Mojtaba Khamenei sends ‘evil’ threat to US. Bank of England makes interest rate decision as inflation warning issued. Fourteen treated at Farringdon station after passengers report ‘chemical smell’. Trainee bus driver crashes into River Seine with passengers on board. Cut…

The Independent UK

U.S. Reportedly Considering Sending Hypersonic Missile 'Dark Eagle' To The Middle East

The U.S. military is reportedly considering sending a hypersonic missile to the Middle East, likely to be used against Iran should the Trump administration decide to resume hostilities.

International Business Times

Signs of Weaker Energy Demand Fuel Long Liquidation in Crude Prices

June WTI crude oil (CLM26 ) today is down -2.01 (-1.88%), and June RBOB gasoline (RBM26 ) is down -0.0104 (-0.29%). Crude oil and gasoline prices gave up early gains today and fell sharply on concerns that higher energy prices are starting to curb demand and global economic growth. Long...

Barchart

Bank signals interest rates could rise as Iran war to push up cost of living

The new outlook comes as interest rates were held at 3.75% on Thursday.

Evening Standard

Stock Market Today: Oil Prices Spike as Trump Orders 'Extended Blockade' of Iran and Rejects Nuclear Deal

Oil prices have surged due to US-Iran tensions and the UAE's exit from OPEC, impacting global markets. Analysts predict prolonged volatility as geopolitical factors continue to influence oil flows.

International Business Times UK

Housing market panic subsides as new listings rise 8.7 percent month-on-month

Despite no end in sight for Iran war and pessimism about consumer finances, home listings stayed strong in April

The Independent UK

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The Independent UK

Trump tells European leader to stop ‘interfering’ in Iran war

IN FULL

The Conversation

What alternatives do Gulf states have to the Strait of Hormuz?

Two months into the Iran war and the Strait of Hormuz is still mostly shut. Vessel traffic is running at a fraction of pre-war levels, with the patchwork of ceasefires, blockades and re-closures since February 28 not restoring confidence on the bridge of any tanker.

Barchart

Dollar Falls as the Yen Rallies on Intervention Talk

The dollar index (DXY00 ) today fell to a 1-week low and is down by -0.67%. Today’s +2% rally in the yen is weighing on the dollar after Japanese Finance Minister Satsuki Katayama warned that Japan is close to intervening in the forex market to support the yen. Also, lower...

International Business Times

U.S. Economy Expands By 2% In First Quarter But Iran War Muddies The Outlook

The U.S. economy expanded by 2% in the first quarter of the year, rebounding after the last three months of last year's 0.5% increase.

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news in one place.

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The Independent UK

MTG outs MAGA rep who secretly ‘hates’ the president

Former congresswoman accuses Republican of changing his tune on Donald Trump after he became their party’s nominee in 2024

International Business Times

Trump Says Pentagon Is Considering Withdrawing Troops From Germany Amid Spat With Chancellor

President Donald Trump said the Pentagon is considering withdrawing some troops from Germany amid a spat with Chancellor Friedrich Merz.

Latin Times

How Much Do Wars Actually Cost the U.S.? What the Iran Conflict and History Reveal

From early billion-dollar estimates to decades-long debt, modern wars carry costs that extend far beyond the battlefield

International Business Times UK

Donald Trump Suffering Cognitive Decline? POTUS Blatantly Mixes Up Ukraine And Iran In Press Room

Donald Trump's apparent mix‑up of Ukraine and Iran at a White House briefing has intensified doubts about his cognitive health, as critics and aides clash over his mental fitness.

The Independent UK

Iran oil crisis ‘costs UK drivers £2 billion’ in just over a month

IN FULL

Euronews

US seeks 'maritime freedom' coalition to restart Strait of Hormuz shipping

Iran effectively closed the crucial waterway when the war broke out on 28 February. Normally one-fifth of the world's oil and liquefied natural gas transits the waterway. Its closure has sent energy prices skyrocketing around the world.

Barchart

Kinder Morgan Stock Is Normally Boring, but the Iran War Just Created an Exciting Short-Term Trade in KMI

Although KMI stock is probably best known as a stable dividend play, there’s a chance for bullish speculators to scalp a quick profit.

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