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The Latest Breaking News from Iran

Crude Oil Prices Climb as US-Iran Ceasefire Set to Expire on Wednesday

May WTI crude oil (CLK26 ) today is up +3.56 (+3.97%), and May RBOB gasoline (RBK26 ) is up +0.0682 (+2.19%). Crude oil and gasoline prices recovered from early losses today and moved sharply higher as Iran has yet to confirm its attendance at further talks in Pakistan with the...

Barchart

Bulletin PM briefing: Sacked civil servant piles pressure on Starmer and Iran ceasefire end looms

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

The Independent UK

Stocks Erase Early Gains as Crude Prices Jump on Iran Concerns

The S&P 500 Index ($SPX ) (SPY ) today is down -0.13%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.02%. June E-mini S&P futures (ESM26 ) are down -0.13%, and June E-mini Nasdaq futures...

Barchart

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Trump extends US-Iran ceasefire indefinitely at request of Pakistan

US president says on Truth Social attacks are on hold until Iran submits proposal and talks reach end

The Guardian - US

Jon Stewart on Trump’s strategy in Iran: ‘Malignant narcissism and impulsivity’

Late-night hosts discussed Trump’s inability to articulate a coherent war aim and a new report on Kash Patel’s drinking

The Guardian - US

'Thought I had understanding with Xi': Trump says ship seized by US had 'gift from China' for Iran

President Trump revealed the US seized a ship carrying "not very nice" items, calling it a "gift from China." He linked this to Iran tensions, threatening to bomb bridges and expressing no desire to extend the Iran ceasefire. Trump anticipates a "great deal" but also expects bombing, despite China denying…

The Times of India

US military ‘raring to go’ if Iran talks fail, says Donald Trump

Negotiations hang in the balance amid the ongoing tense stand-off in the Strait of Hormuz that continues to disrupt shipping.

Evening Standard

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World Experiencing Its Worst Energy Crisis In History Due To Iran War, IEA Head Says

The world is experiencing its worst energy crisis in history as a result of the Iran war, according to International Energy Agency head Fatih Birol.

International Business Times

Iran's military cuts off Khamenei from own govt, tightens grip over state functions - Report

Iran's Islamic Revolutionary Guard Corps (IRGC) has reportedly assumed control over key state functions, sidelining President Masoud Pezeshkian and pushing him into a "complete political deadlock" as the military tightens its grip on the country's core centres of power, according to multiple reports. The IRGC has blocked presidential appointments and…

The Times of India

Qatar backs ceasefire as uncertainty surrounds US-Iran peace talks in Islamabad

Qatar has urged diplomacy on Tuesday as uncertainty surrounds US-Iran talks, warning prolonged tensions risk wider global fallout, particularly if disruption in the Strait of Hormuz affects energy flows and markets.

Euronews

UN Says Iran War Spending by Trump Admin Could Have Funded Aid to Save Almost 90 Million Lives Around the World

Independent analyses suggests daily spending has now reached about $2bn, with long-term costs potentially reaching into the trillions

Latin Times

Dollar Climbs on Strong US Economic Reports

The dollar index (DXY00 ) today is up by +0.09%. The dollar is climbing today on a stronger-than-expected US Mar retail sales and Mar pending home sales reports. The dollar also has support on signs that Fed Chair nominee Kevin Warsh will support an independent Fed and prioritize low inflation....

Barchart

With the US-Iran ceasefire about to expire, could Trump put boots on the ground?

The US has deployed more forces since the truce and senior Iranians seem to be relishing the prospect of the fight

The Guardian - UK

Trump to read Bible passage at event one week after posting AI image of himself as Jesus

In a statement ahead of the event, Trump said the Bible-reading marathon was a celebration of America 250 because it acknowledged America’s ‘Biblical foundations’

The Independent UK

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The Independent UK

Israel pauses for Memorial Day, a public day for mourning in the shadow of war

Israelis have marked the country’s annual Memorial Day, a somber day of reflection with ceremonies and sirens

Barchart

Stocks Supported by Signs Iran Will Attend Peace Talks

The S&P 500 Index ($SPX ) (SPY ) today is up +0.24%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.80%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.20%. June E-mini S&P futures (ESM26 ) are up +0.25%, and June E-mini Nasdaq futures...

International Business Times

Chinese President Xi Jinping Makes Direct Comment on Strait of Hormuz

Chinese President Xi Jinping directly addressed the issue involving the Strait of Hormuz, urging the US and Iran to keep it open.

The Guardian - US

Trump wants $1.5tn for the Pentagon – and cuts to healthcare and housing

The president’s proposed $445bn increase in military spending would batter popular domestic programs as millions struggle

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news in one place.

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International Business Times

Trump Says U.S. Is Going To 'End Up With a Great Deal' With Iran As New Talks Loom: 'I Think They Have No Choice'

President Donald Trump said on Tuesday that he thinks his administration is "going to end up with a great deal" with Iran as delegations appear to head for a new round of talks in Pakistan.

The Times of India

'Release these women': Trump's offer to Iran for 'good start to negotiations' after military warning

US President Donald Trump urged Iran to release eight women that it reportedly preapres to execute, saying that it would be a "great start to our negotiations". This comes after Trump warned that the US was ready to "go militarily" as Iran talks in Pakistan remains in limbo.

The Independent UK

Trump is ready to resume bombing Iran if negotiation talks stall: ‘the military is raring to go’

IN FULL

The Guardian - US

Tucker Carlson says he regrets backing Donald Trump and is ‘tormented by it’

Podcaster admits he ‘misled’ supporters as his rift with the US president deepens over the Iran war

The Independent UK

Trump boasts ‘I would have won Vietnam very quickly’ ... despite getting ‘bone spur’ excuse to avoid draft

Trump received five deferments to avoid mandatory military service during the Vietnam War

The Times of India

'China helping prop up Iran's regime': Nikki Haley says ship seized by US linked to chemical shipments for missiles

The Chinese vessel seized by the United States in Strait of Hormuz was headed to Iran to help "prop-up" the regime, claimed Indian-American politician Nikki Haley on Tuesday. China, however, denied the claim and said that the ship seized was a "foreign container" vessel.

International Business Times

Oil Spikes Due To Iran War Have Added More Than $100 To Long-Haul Flight Tickets In Europe: Study

Spikes in oil prices as a result of the Iran war has added more than $100 to tickets of long-haul flights in Europe, according to a new study.

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