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The Latest Breaking News from Iran

EU pursues 'deeper and stronger' partnerships with Gulf states, Costa tells Euronews in Doha

In the highest-level EU visit to the Gulf since the Iran war started, European Council President Antonio Costa reinforced the EU’s strategic partnerships with the Gulf states and pushed for the reopening of the Strait of Hormuz, warning of “disastrous consequences”.

Euronews

Aerospace Industry Hopes for Iran Windfall

Pent-up demand plus boost in defense business bode well for the aerospace sector, despite the challenges.

Kiplinger

Ken Griffin Warns Global Recession 'Inevitable' If Strait Of Hormuz Stays Shut: Flags 'Mistake' In Iran Strategy

Citadel Advisors founder Kenneth Griffin believes the world will face a recession if the Strait of Hormuz remains shut for the remainder of this year.

International Business Times UK

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Trump says the Iran war is ‘very close to over’—despite no deal, a live blockade, and threats mounting

Both U.S. forces and Iran are now blocking the Strait of Hormuz, but negotiators say an extended ceasefire is imminent.

Fortune

WHO says vaccinations saving millions in Africa, but U.S aid cuts and Iran war threaten progress

The World Health Organization says vaccination programs across Africa have saved more than 50 million lives over the past five decades, but progress is slowing in some countries

The Independent UK

London traders weigh war deadlock as luxury woes hit Paris

The FTSE 100 closed down 49.48 points, 0.5%, at 10,559.58.

Evening Standard

This Defense Stock Has Soared 56% YTD Amid Iran Tensions. Is It Too Late to Buy?

A 56% surge amid the Iran war puts this defense giant in the spotlight. Should you buy now or wait?

Barchart

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Four More Iranians Sentenced To Death Over January Protests Against Regime: Rights Groups

Four more Iranians have been sentenced to death as a result of January's protest against the regime, according to human rights groups.

International Business Times

Bulletin PM briefing: Trump hints at new Iran talks and BBC cuts 2,000 jobs

Here are five of today’s biggest stories

The Independent UK

Last-ditch bid for peace? Pakistan army chief Asim Munir lands in Iran to convey US offer

A critical Iran-US ceasefire deadline looms with no agreement, fueling uncertainty. Pakistan is actively mediating, dispatching a high-level delegation to Tehran with a new US message and aiming for further talks. Key disputes over Iran's nuclear program and the Strait of Hormuz persist, as both nations issue mixed signals regarding…

The Times of India

Israeli settlers block Palestinian kids' path to school with tear gas and barbed wire

Palestinian schoolchildren trying to return to class this week for the first time since the Iran war started were blocked by an impromptu barbed wire fence erected overnight by Israeli settlers

The Independent UK

JD Vance warns Pope to ‘be careful when he talks about theology’ and draws heckles at low turnout TPUSA event

‘How can you say that God was never on the side of those who wield the sword?’ the Catholic vice president asked

The Independent UK

Why the US and Israel’s alliance endures – even when it strains

Israel and the US have maintained a close alliance for decades. Their recent joint air campaign in Iran has once again underscored the depth of this partnership. Yet while the strength of their relationship is widely acknowledged, the reasons behind it remain contested.

The Conversation

US-Iran Peace Optimism Lifts Stocks

The S&P 500 Index ($SPX ) (SPY ) today is up +0.36%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.391%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.63%. June E-mini S&P futures (ESM26 ) are up +0.37%, and June E-mini Nasdaq futures...

Barchart

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Reason

Trump's Illegal War in Iran Is Financed by Your Taxes. That's a Good Reason To Stop Paying Them.

If Congress will not deploy the power of the purse to restrain a lawless administration and an illegal war, then it falls to the public to do so.

International Business Times

U.S. Official Says Iranian Leadership Is In Disagreement Over Whether To End The War: Report

A U.S. official said there seem to be disagreements among Iranian leaders over whether to reach an agreement with the U.S. to end the war, according to a new report.

The Guardian - UK

Big US banks rake in near $50bn profit as Iran war shakes markets

Six lenders, including Bank of America, Morgan Stanley and JP Morgan report jump in first-quarter earnings

The Conversation

US blockade of Strait of Hormuz ratchets up tensions with China ahead of Trump visit to Beijing

The Trump administration’s decision to carry out a naval blockade of the Strait of Hormuz has raised tensions in the Persian Gulf to new and more perilous levels. The move was announced by the US president, Donald Trump, after negotiations over a ceasefire with Iran broke down on April 11,…

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Evening Standard

Reeves steps up criticism of Trump’s war against Iran during trip to Washington

Chancellor Rachel Reeves said she was not convinced the world is safer as a result of the US-Israeli strikes against Iran.

Reason

How the Iran War Could Backfire

Emma Ashford discusses Trump’s incoherent Iran strategy, the failures of post–Cold War foreign policy, and why a multipolar world limits American power.

The Guardian - AU

Will Qantas and Virgin continue raising fares and cutting routes? This graph may give the answer

Price of jet fuel has climbed by 125% since start of Iran war – giving Qantas and Virgin a big challenge as fuel accounts for a fifth of expenses

The Independent UK

Reeves: Trump’s Iran war is a mistake and has not made the world safer

The chancellor’s comments come a day after she described the war as a ‘folly’

International Business Times

Chevron Executive Says Americans Should 'Drive Less' And 'Conserve Energy' As Gas Prices Remain High

Chevron executive Andy Walz said Americans should "try to drive less" and "conserve energy" as gas prices remain high as a result of the war in Iran and the blockade of the Strait of Hormuz.

Barchart

Dollar Little Changed Awaiting News on US-Iran Peace Talks

The dollar index (DXY00 ) today is up by +0.02%. The dollar is little changed today, awaiting fresh news on US-Iran peace talks. The dollar found some support today from hawkish comments from Cleveland Fed President Beth Hammack, who said her baseline is that the Fed is on hold for...

Euronews

Trump and Meloni: From close relations to a transatlantic crisis

The relationship between Trump and Meloni was typified by warm handshakes and even warmer words until the US leader did something considered by most Italians to be unthinkable: he criticised the pope.

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