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The Latest Breaking News from Iran

FIFA has 'sole discretion' but no plan to gift Iran's World Cup 2026 place to Italy: report

World Cup 2026 qualifiers Iran will not be replaced by Italy despite absurd political intervention

FourFourTwo

Trump’s navy secretary ousted over dispute about shipbuilding

John Phelan firing caused by poor relationship with Pete Hegseth and slow movement on shipbuilding, sources say

The Guardian - US

Italy dismisses replacing Iran at the World Cup after suggestion by Trump official

Four-time champion Italy is not interested in replacing Iran at the upcoming World Cup in North America following a suggestion to that effect by U.S. special envoy Paolo Zampolli

The Independent UK

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Lockheed Martin CEO sees Trump’s Pentagon as ‘golden opportunity’ for growth

Jim Taiclet spoke in earnings call as company expands contracts with the US government amid the Iran war

The Guardian - US

US still delivering weapons to Ukraine despite Iran war, Zelenskyy says

Meanwhile, three people were killed and 10 others wounded in a Russian drone attack on the central city of Dnipro.

Euronews

Megyn Kelly, who was team Trump for the election, now says the president is ‘not a moral man’

“He’s not a moral man, he’s not the greatest husband in the world and he’s extremely petty and thin-skinned,” Kelly said

The Independent UK

China Holds Largest Oil Stockpiles As Prolonged Iran War Raises Fears Of Global Supply Shock: Report

China's aggressive oil stockpiling surge ahead of the Iran war is reshaping global energy security dynamics as supply risks intensify in the Strait of Hormuz.

International Business Times

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FTSE 100 edges lower amid renewed US-Iran tension

US President Donald Trump continued to strike a defiant tone as the US-Iran conflict continued amid the ongoing ceasefire.

Evening Standard

UK braces for price rises driven by Iran war as economic confidence plummets

Consumer confidence hit its lowest level since October 2023 this month, with surveys showing the cost pressures companies are facing

The Guardian - UK

Italy responds to Trump envoy calling for them to replace Iran at World Cup

IN FULL

The Independent UK

Supply chain cracks constrain AI boom

The Iran war threatens to squeeze the industrial inputs that chip manufacturers depend on.

Axios

Rubio Falsely Accuses Iranian Exiles of Being Soleimani's Nieces

The State Department and ICE claimed to have caught Islamic Republic nepo babies “enjoying a lavish lifestyle.” Instead, they tore apart an innocent family.

Reason

Trump says King’s US visit could ‘absolutely’ repair UK relations

Relations between Keir Starmer and the US president have been fractious in recent months, with Donald Trump branding Britain’s approach to the Iran war ‘terrible’ and repeatedly lashing out at the UK prime minister

The Independent UK

Trump orders US Navy to ‘shoot and kill’ Iranian mine boats in Hormuz

Iranians are ‘having a very hard time figuring out who their leader is’, says president

The Independent UK

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The Independent UK

The US keeps talking about gas prices — but it’s diesel costs that could impact your life the most

Since the start of the war in Iran on February 28, the average price of a gallon of diesel has gone up by around 45 percent

The Independent UK

Italy sports minister rules out replacing Iran at World Cup: ‘Qualification done on the pitch’

Italy missed out on World Cup qualification for a third successive tournament but have been mooted by Donald Trump’s envoy as a potential replacement for Iran

The Guardian - US

Seth Meyers on Kash Patel: ‘He has resting “run for your lives” face’

Late-night hosts discussed allegations of excessive drinking by the FBI director and Trump’s Iran war frustration

Barchart

Crude Oil Prices Underpinned as Iran War Tightens Global Oil Supplies

June WTI crude oil (CLM26 ) today is up +0.44 (+0.47%), and June RBOB gasoline (RBM26 ) is up +0.0093 (+0.29%). Crude oil and gasoline prices are moving higher today, with gasoline climbing to a 3.75-year high. Energy prices remain underpinned as the Strait of Hormuz remains essentially closed, threatening...

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Tom’s Hardware

Crypto scam takes advantage of Strait of Hormuz crisis by taking fake payments, leading to two ships being fired upon — two vessels reportedly fell victim and paid fake 'Iranian authorities'

Two vessels waiting to transit the Strait of Hormuz reportedly fell victim to scammers posing as Iranian authorities and asking for transit fee payments in crypto.

The Conversation

Has the Strait of Hormuz emerged as Iran’s most powerful form of deterrence?

One of the US and Israel’s justifications for launching the war on Iran was to ensure the regime in Tehran could never possess nuclear weapons, the ultimate deterrent against external attack. But the main lesson that has been taken from the war, according to some commentators, is that Iran’s own…

Barchart

Stock Indexes Recover on Strength in Chipmakers

The S&P 500 Index ($SPX ) (SPY ) today is up +0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.03%. June E-mini S&P futures (ESM26 ) are up +0.07%, and June E-mini Nasdaq futures...

Fortune

‘The biggest energy security threat in history’: IEA chief warns 13 million barrels a day are gone with no cure in sight

IEA chief Fatih Birol says the world is losing 13 million barrels of oil a day, more than the two 1970s oil crises combined.

The Independent UK

Police investigate after claims ‘hair dryer used to manipulate weather sensor to win $34k bet’

Agencies suspect that a sensor at Charles de Gaulle airport in Paris was tampered with after suspicious bets were placed on Polymarket

International Business Times UK

Trump Envoy Paolo Zampolli Urges FIFA To Replace Iran With Italy at 2026 World Cup To Repair Ties

Paolo Zampolli's proposal to replace Iran with Italy at the 2026 World Cup raises questions about politics in football and a bid to repair strained US-Italy relations.

The Guardian - AU

Fertiliser is in short supply. What does it mean for Australia’s farmers – and your bread?

Australia is more vulnerable to fertiliser disruption than fuel. Experts say the impact depends on how long the strait of Hormuz is shut

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