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The Latest Breaking News from Iran

Pete Hegseth Questioned Why Minesweepers Were Sent to Singapore Weeks Before Iran War

The Pentagon is under scrutiny for positioning US Navy mine-clearing ships far from the Strait of Hormuz before conflict with Iran, raising questions about strategic preparedness.

International Business Times UK

Markets Are Mixed Amid Fed Uncertainty: Stock Market Today

Earnings are still solid, crude oil is still rising, and Jerome Powell is still a member of the Federal Reserve Board until further notice.

Kiplinger

Pentagon Says Iran War Has Cost $25 Billion So Far, Most In Munitions

The Iran war has so far cost $25 billion, a top Defense official said on Wednesday.

International Business Times

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Trump and Putin discuss Iran war and float temporary Ukraine ceasefire in call

Russian president welcomed decision to extend Iran ceasefire in what US president said was a ‘very good conversation’

The Guardian - UK

King would have probably helped with military strikes against Iran, says Trump

The president has repeatedly lambasted the UK for failing to join attacks on Tehran and branded Sir Keir Starmer weak and indecisive

Evening Standard

Nancy Mace eviscerates Rep. Cory Mills in Hegseth hearing before Congress: ‘Stolen valor’

Mills was in the same hearing and later addressed Mace’s allegations in his own allotted time

The Independent UK

Trump Savaged by Wall Street Traders With Brutal New Four Letter Code to Mock His Recent Economic Retreats

Wall Street traders have coined 'NACHO' to mock Trump's handling of the Strait of Hormuz, following the 'TACO' acronym that critiqued his tariff retreats.

International Business Times UK

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Crude Prices Surge With No End in Sight to US-Iran War

June WTI crude oil (CLM26 ) on Wednesday closed up +6.95 (+6.95%), and June RBOB gasoline (RBM26 ) closed up +0.1650 (+4.81%). Crude oil and gasoline prices extended this week's sharp rally on Wednesday, with crude oil posting a 3-week high and gasoline posting a 3.75-year high. Crude prices continue...

Barchart

Intelligence Community Reportedly Examining How Iran Would React to Trump Declaring Victory in War Despite Stalemate

U.S. intelligence agencies are examining how Iran would respond if President Donald Trump unilaterally declared victory in the two-month-old war and moved to pull back from aggressive action against Tehran, according to a new report.

International Business Times

Trump claims King Charles ‘would probably have helped us with Iran’

US president suggests monarch would have taken a different approach from that of Sir Keir Starmer

The Independent UK

Trump gives rambling answer on whether Ukraine or Iran war will end first — and mixes up the countries

The president delivered wide-ranging rant as Artemis II crew looked on inside the White House

The Independent UK

King Charles dragged into Iran conflict again as Trump claims he would’ve ‘helped’

IN FULL

The Independent UK

'Handing Propaganda to Our Enemies? Shame on You': Hegseth Claps Back At Rep Garamendi for Calling His Strategy a 'Quagmire'

Secretary of War Pete Hegseth defends a record Pentagon budget amid criticism over the US-Iran conflict, sparking a heated debate with lawmakers questioning the military's strategy and spending.

International Business Times UK

Putin, Trump hold 90-minute call on Iran, Ukraine war: Russia proposes Kyiv ceasefire for Victory Day

Presidents Putin and Trump held a 1.5-hour call discussing the Middle East war and Ukraine. Putin backed Trump's Iran ceasefire extension, viewing it as a stabilizing move. He also proposed a temporary ceasefire in Ukraine for Victory Day, aiming to advance peace negotiations.

The Times of India

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The Independent UK

Trump is calling himself ‘the most powerful person to ever live’ in private conversations, allies say

Since returning to office, the president and his allies have launched military strikes across the globe, placed Trump’s image on buildings and U.S. government materials, and mused about the Republican running for an illegal third term

The Times of India

Iran ‘choking like a stuffed pig’: Trump digs in on Hormuz blockade; Tehran warns ‘unprecedented action’

United States President Donald Trump states the naval blockade on Iran will continue until Tehran agrees to a nuclear deal. Military strikes are also being planned. Iran warns of unprecedented action if pressure persists. The situation is volatile, with potential for negotiation or confrontation.

AAP

Treasurer downplays property tax windfall from budget

Jim Chalmers is talking down the amount of extra revenue that changes to negative gearing and the capital gains tax discount will add to the budget.

The Guardian - UK

Family of ailing Iranian Nobel laureate say keeping her in jail is a death sentence

Narges Mohammadi denied medical leave from prison in spite of sharp decline in health and drastic weight loss, say lawyers

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International Business Times

Trump Says He'll Keep The Naval Blockade Of Iran Until a Deal Is Reached: 'Choking Like a Stuffed Pig'

President Donald Trump said on Wednesday he is maintaining the blockade of Iranian ports until a deal that addresses the U.S.'s concerns about the country's nuclear program is reached.

The Times of India

4 am fury, 24/7 gridlock: Trump takes world into long, hot Hormuz summer

President Trump has directed aides to prepare for a prolonged naval blockade of the Strait of Hormuz, aiming to choke Iran's oil exports and force concessions without triggering wider conflict. This strategy is causing global energy disruptions, with rising gasoline prices impacting American consumers and forcing other nations to scramble…

The Guardian - UK

Police treating stabbing of two men in Golders Green as terrorism

Assailant was reportedly hunting for anyone ‘visibly Jewish’ in suspected antisemitic attack in north London

The Guardian - US

Hegseth denies Iran war is ‘quagmire’ as cost to US hits estimated $25bn

As defense secretary testifies before House, Trump posts AI-generated image of himself with weapon and caption: ‘NO MORE MR. NICE GUY’

The Independent UK

What’s a quagmire? The Iran war accusation that sent Hegseth spiraling

IN FULL

Evening Standard

FTSE 100 closes lower as drugs firms GSK and AstraZeneca struggle

Axios

Exclusive: Trump rejects Iran's offer, says blockade stays until nuclear deal

"They are choking like a stuffed pig," Trump told Axios

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