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The Latest Breaking News from Iran

Starmer to chair meeting on economic impact of Iran war

Starmer warns economic impact of war could continue ‘for some time’

The Independent UK

10 Things You Should Know About Oil and Prices

Oil rocks the price of just about everything that touches your life, from food to investments to gas and beyond.

Kiplinger

The Latest: Iran proposes to reopen Strait of Hormuz without nuclear agreement

Iran has offered to end its chokehold on the Strait of Hormuz without addressing its nuclear program

The Independent UK

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Starmer to chair Cobra meeting on economic impact of Iran war

The Prime Minister will convene the emergency committee with representatives from the Bank of England.

Evening Standard

G7 central banks poised to hold borrowing costs amid concerns over prolonged Iran war

Critical week for global economy as banks expected to issue warnings over conflict driving up prices

The Guardian - UK

Iran’s foreign minister arrives in Russia for talks with Putin

IN FULL

The Independent UK

Watch: Pentagon's leaked email: Can Spain be suspended from NATO?

A leaked Pentagon email suggested punishing Spain and even reconsidering UK-backed Falklands support, exposing deep NATO rifts over a possible Iran war. Can it be done?

Euronews

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Oil prices soar to near three-week high as Trump scraps Iran peace talks over lack of progress

‘We can talk but we’re not sending people,’ the president says

The Independent UK

Oil prices rise to near-three week highs as US-Iran peace talks falter

Donald Trump said over the weekend that envoys from Washington would no longer be travelling to Islamabad in Pakistan for negotiations.

Evening Standard

Soaring energy costs threaten wildlife as families turn back to charcoal

Rising demand for biomass fuels also degrades watersheds and wildlife habitats as people go deeper into previously undisturbed areas

The Independent UK

Iran war briefing: Oil prices reach three-week high as peace talks stall

Iran and Oman have agreed to continue expert-level consultations to ensure safe transit through the Strait of Hormuz and protect shared interests in the waterway, Iranian foreign minister Abbas Araqchi said. The British government is scrambling to secure supplies of carbon dioxide for food producers and breweries, and is drawing…

The Independent UK

‘I should not have wished for war’: six ordinary Iranians on how the US-Israel conflict has changed them

In Tehran, the Guardian spoke to people about how war is transforming their feelings toward the regime and their country’s future

The Guardian - UK

UK households ‘face eight months of price rises after Iran war’

IN FULL

The Independent UK

Stock markets flat as oil prices hold above $100 on stalled US–Iran talks

European markets and US futures are trading mostly flat on Monday morning, while Brent crude remains above $100 and Asian markets bounce, as talks between Iran and the US stall.

Euronews

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The Guardian - UK

Goldman raises oil price forecasts as Iran war deadlock continues; Shell buying Canada’s ARC in $13.6bn deal – as it happened

Rolling coverage of the latest economic and financial news

The Independent UK

Trump tells Iran to ‘call us’ to negotiate end to war after pulling plug on Pakistan peace talks

IN FULL

The Independent UK

Iran-US war latest: Trump considers Tehran’s latest peace proposal as Germany warns he’s being ‘humiliated’

Press Secretary Karoline Leavitt ‌said Trump's bottom line demands remain the same

The Guardian - UK

Phantoms of July review – interlocking tales hop across time in funny-quirky fable with a point

From a disgruntled maid in the 18th century to an Iranian influencer facing snide nationalists, four stories explore what it is to be trapped and longing for more

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International Business Times UK

Trump Panics as Iran-US War 1 May Deadline Nears: Will Trump Defy the Law or Will Congress Let the War Go On?

President Trump's military campaign against Iran faces a critical legal deadline under the War Powers Resolution, requiring congressional approval by 1 May to avoid being deemed illegal.

The Times of India

'Not a suitable mediator': Iran accuses Pakistan of bias towards US, says it 'went back on its word'

An Iranian MP has questioned Pakistan's impartiality as a mediator in US-Iran talks, citing Islamabad's perceived alignment with American interests. This comes as Iran's Foreign Minister visited Pakistan and Oman to advance diplomatic efforts, though US President Trump indicated Iran could initiate contact for negotiations.

The Independent UK

Tired and worried, seafarers have been stranded in the Persian Gulf for weeks

Around 20,000 seafarers on hundreds of vessels are stuck in the Persian Gulf, unable to cross the Strait of Hormuz that remains effectively shut by Iran

The Independent UK

Asian shares are mixed and oil gains more than $1 as Iran talks remain in flux

Shares are mixed in Asia and Tokyo has hit a fresh record after U.S. stocks ended last week with new highs

The Times of India

What is Iran’s latest proposal to US to end war? Ceasefire first, nuclear talks later

Iran has reportedly offered the US a new proposal focusing on reopening the Strait of Hormuz and ending the war, postponing nuclear negotiations. This move aims to bypass internal divisions within Iran regarding nuclear concessions, though it could diminish US leverage in future talks.

The Times of India

‘Our math is different’: Iran warns Gulf countries of ‘fourfold’ retaliation after Trump threat

Iran's Vice President warned of a fourfold retaliation against nations supporting damage to its infrastructure, particularly its oil sector, following US President Trump's remarks. This threat underscores heightened tensions around Iran's energy assets amidst ongoing conflict and diplomatic efforts, including a proposed two-stage plan to the US.

The Times of India

Putin to host Iran’s Araghchi as US-Tehran diplomacy stalls

Iranian Foreign Minister Abbas Araghchi is in Moscow for talks with President Putin amid stalled US-Iran negotiations. Despite a ceasefire, a second round of direct talks remains elusive, with President Trump suggesting Iran should initiate contact. The Strait of Hormuz remains closed, impacting global energy markets, while the US has…

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