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The Latest Breaking News from Iran

Food prices to soar by almost 10% due to Iran war, as fuel and energy bills bite

Grocery shopping bills rose sharply in 2022 and 2023 and are heading for another rise later this year

The Independent UK

Oil price falls and markets rally after Trump says Iran war over in ‘two to three weeks’

US president’s claim that conflict is nearing end prompts 15% drop in Brent crude and stock market climb in Asia

The Guardian - UK

Oil prices retreat and stock markets rally on Iran war resolution optimism

Stock markets in the UK and globally rebounded on hopes over an end to the Iran conflict, with the FTSE 100 Index soaring as much as 1.7%.

Evening Standard

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First sea lord admits Royal Navy is not ready for war

General Sir Gwyn Jenkins says Royal Navy will not be war-ready until the end of this decade

The Independent UK

UK food inflation ‘could hit 9%’, trade body warns as Reeves meets retail chiefs

Discussion on how to ease impact from Iran war coincides with Food and Drink Federation almost tripling forecast

The Guardian - UK

The Iran war is accelerating plans for Southeast Asia to go nuclear. Experts say it won’t be easy

Southeast Asia’s only nuclear plant never got used after allegations of corruption. The region is trying again, 50 years later, amid a new oil shock.

Fortune

Reeves: Government ‘can’t alleviate every price increase’ from Iran war

Chancellor Rachel Reeves said contingency planning was under way to deal with the economic fallout from the Middle East crisis.

Evening Standard

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Lebanese displaced by war fill Beirut's streets, upending city life

Beirut is bursting under a massive wave of displaced people as Israel’s attacks and evacuation orders drive families out of southern and eastern Lebanon and the southern suburbs

The Independent UK

Ambassador warns that Iran is ‘considering’ striking British bases

IN FULL

The Independent UK

‘Smiling, mingling, taking selfies’: Iran’s top leaders Pezeshkian and Araghchi make public appearance as war rages on

Iranian President Pezeshkian and Foreign Minister Araghchi made a public appearance at pro-regime rallies amid high regional tensions and threats. Araghchi highlighted popular unity, while the leaders reiterated Iran's conditions for ending conflict, countering a US proposal. Communications with the US continue, though not as negotiations, as Iran signals readiness…

The Times of India

Politics latest: ‘Angry’ Reeves says Trump started Iran war with ‘no clear plan’ to end conflict

Starmer also hits out at US president as he vows not to bow to ‘pressure’ to join America’s war in Middle East

The Independent UK

Stocks jump and oil drops as Trump renews hopes of Iran war ending

European and Asian markets surged on Wednesday amid renewed hopes that the Iran war could end soon after US President Donald Trump said American troops would leave in two to three weeks with or without a deal.

Euronews

The high risks involved in seizing Iran’s hidden uranium stockpile

Trump is reportedly mulling sending in ground troops. Here’s what could happen

The Independent UK

Why Iran's supreme leader Mojtaba Khamenei hasn’t appeared in public? Russian envoy explains

Mojtaba Khamenei remains in Iran but is not appearing publicly. Russia's ambassador to Tehran Alexey Dedov confirmed this amid widespread speculation. Rumors circulated about his health and possible medical treatment abroad. Khamenei took office after his father's death in February. Russia and Iran maintain strong diplomatic ties.

The Times of India

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International Business Times UK

Brazil's 5% Gas Hike vs. America's 30% Surge: How a 50-Year Sugarcane Bet Shielded It From the Iran Oil Shock

How Brazil's sugarcane ethanol program leads in energy independence and biofuel innovation. Discover why countries like the UK are paying attention and how this model can boost global energy security.

The Times of India

10,000 terror components struck, 40 top officials eliminated in 40 seconds: Israel outlines scale of Iran offensive

Israel's military revealed extensive "Operation Roar of the Lion" details, reporting over 800 sorties and 10,000 strikes against Iranian-linked targets. They claim to have eliminated 40 top Iranian officials in a swift 40-second operation. Simultaneously, Iran's IRGC reported targeting US and Israeli assets in the Persian Gulf and UAE.

The Independent UK

Iranian ambassador suggests Tehran could strike British bases

Seyed Ali Mousavi says Iran ‘will decide appropriately’ what course of action it will take

The Independent UK

Iran war briefing: Trump says conflict will end within weeks as missile strikes rage on

Donald Trump has claimed the war on Iran will end in “two to three weeks”, adding that peace will bring oil prices “tumbling down.” Trump told reporters that “Iran doesn’t have to make a deal” to end the conflict. He said he will be satisfied when Iran is "put into…

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The Independent UK

Iran hits tanker off coast of Qatar, Kuwait airport and Israel kills 5 in Beirut attack

Iran hit a tanker off the coast of Qatar and Kuwait International Airport as Tehran acknowledged for the first time that Washington had been in direct contact about a possible ceasefire

Euronews

Newsletter: Energy shock has Brussels on edge

Also in this newsletter: The EU's foreign policy chief Kaja Kallas floats reviving plans to use immobilised Russian assets to fund Ukraine.

The Guardian - UK

Oil tumbles and UK’s FTSE 100 posts biggest daily rise in a year on hopes Middle East war will end soon – as it happened

Brent crude prices have fallen sharply, while the FTSE 100 is up 1.8% and government bonds are rallying

The Times of India

Israel targets Iran factory, alleges fentanyl use in chemical weapons; Tehran denies

Israel claims it struck an Iranian pharmaceutical facility, alleging it supplied fentanyl for a chemical weapons program. Iran confirmed the strike on the Tofigh Daru factory, asserting it produces only hospital drugs. Both nations reported the incident occurred on Tuesday.

Euronews

What the invasion of Ukraine and Iran war should teach Europe about air defence

As US and Israeli stockpiles drain against Iranian drones, the Bruegel think-tank warns Europe faces an even harder fight on its own doorstep

TechRadar

Iran’s internet shutdown proves we need to go beyond Starlink and VPNs — this tech could be the solution

Direct-to-Cell (D2C) has the technical power to be the solution to today's internet shutdowns. Digital rights groups, Access Now and WITNESS, are now calling on software developers and lawmakers to ensure this happens.

Evening Standard

Starmer says he won't be bullied by US as Trump threatens to quit NATO

Trump says removing the US from the defence pact is now ‘beyond reconsideration’

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