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The Latest Breaking News from Iran

Bitcoin trades at $73K amid US-Iran tensions; ETF outflows top $2.5 billion in 2 weeks

Bitcoin and Ethereum experienced significant drops as rising US-Iran tensions and substantial crypto liquidations impacted investor sentiment. Over $700 million in crypto was liquidated in a single day, with Bitcoin falling near $73,000. US spot Bitcoin ETFs also saw considerable outflows, totaling over $2.5 billion in two weeks.

The Economic Times

World faces biggest-ever energy security crisis as Iran war disrupts fuel flows, warns IEA

The world faces an unprecedented energy security crisis, forcing nations to seek new supply routes and boost domestic production. The International Energy Agency warns this will reshape global investment, mirroring the 1970s oil shocks. While renewables and nuclear power see growth, natural gas and even coal are experiencing a resurgence…

The Economic Times

Iran targets US base following Trump’s military strikes

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The Independent UK

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AAP Rolling News Bulletin May 28, 1530

AAP Rolling News Bulletin for May 28 at 1530

AAP

Britain ‘sleepwalking into a food crisis’ without urgent action, experts say

Industry figures warn of national security risk and call for ministers to address impact of extreme weather, inflation and Iran war

The Guardian - UK

Iran war complicates plans for yet-to-materialise international force in Gaza

An international force for Gaza, announced with fanfare, faces significant delays. Key contributor Indonesia has put its troop pledge on hold. The force's deployment hinges on a ceasefire agreement and Hamas disarming. Ongoing conflict and regional tensions complicate efforts to establish peace and stability in Gaza.

The Economic Times

Gift Nifty tumbles nearly 2% after US-Iran exchange strikes in latest escalation

Gift Nifty 50 futures fell sharply, indicating that Indian markets are likely to open significantly lower on Friday. The decline followed fresh U.S. strikes on an Iranian military site, which intensified geopolitical tensions despite ongoing diplomatic talks between Washington and Tehran to resolve their three-month conflict.

The Economic Times

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AAP Rolling News Bulletin May 28, 1500

AAP Rolling News Bulletin for May 28 at 1500

AAP

Iranians are back online after months-long shutdown but still face heavy restrictions

Internet access is returning to Iran after months long shutdown although the service is slow and some apps remain blocked. The outage followed military actions and truce talks. Many fear access could be cut again. Businesses and individuals suffered significant financial losses. Families struggled to communicate during the prolonged disruption.

The Economic Times

Iran-US war latest: Deal to extend ceasefire and reopen Strait of Hormuz ‘just needs Trump signature’

Iranian media denied reports that a draft agreement of ceasefire extension is with Trump for approval

The Independent UK

US military conducts second strike against Iran within days as Trump fumes over negotiations

According to the US Central Command, its forces struck four Iranian one-way attack drones posing a threat around the Strait of Hormuz and a ground control station in Bandar Abbas 'that was about to launch a fifth drone'.

Euronews

US and Iran exchange strikes as Israel intensifies attacks on southern Lebanon

US forces down drones near strait of Hormuz, sparking attack on American airbase in Kuwait

The Guardian - AU

AAP Rolling News Bulletin May 28, 1430

AAP Rolling News Bulletin for May 28 at 1430

AAP

US Stocks Market: Rising treasury yields and oil prices fuel stronger dollar bets

Amid rising geopolitical tensions and higher energy prices linked to the Iran conflict, investors are increasingly betting that the Federal Reserve will prioritize inflation control and maintain higher interest rates.

The Economic Times

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The Independent UK

Iran war has complicated plans for an international force in Gaza that has yet to materialize

An international stabilization force promised for Gaza has yet to materialize three months after it was announced at an event hosted by U.S. President Donald Trump

The Guardian - UK

‘This isn’t freedom’: anger, anxiety and tears as Iran’s internet flickers back

After 88 days of near-total blackout, first reactions to the return of partial connectivity were not celebratory

The Economic Times

Iran-US war restarted? Tensions rise as Washington, Tehran resume attacks amid truce talks: Check key developments

Fresh US strikes targeted Iran's drone control center near Bandar Abbas after Iranian forces fired on a US tanker in the Strait of Hormuz. Washington also imposed new sanctions on an Iranian agency controlling shipping. Kuwait intercepted missiles and drones, while Israel warned Lebanon's Tyre of impending action against Hezbollah,…

AAP

AAP Rolling News Bulletin May 28, 1400

AAP Rolling News Bulletin for May 28 at 1400

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The Economic Times

Iran targets US airbase after Washington’s strikes near Hormuz, warns ‘aggressor’ of harsher response

Iran's Revolutionary Guards announced they struck a U.S. airbase early Thursday, claiming it followed a U.S. attack near Bandar Abbas. The Guards issued a stern warning, vowing a more forceful response to any future "aggression" and holding the "aggressor" accountable for repercussions. The specific base targeted was not disclosed.

AAP

Asian shares decline and oil prices up more than $1 after US strikes on Iran

Shares are mostly lower in Asia after the U.S. conducted what the military said were defensive strikes against Iran

AAP

Kuwait says it faces a missile and drone attack as shaky ceasefire in Iran war again challenged

Kuwait says it faced a missile and drone attack as the shaky ceasefire in the Iran war was again challenged

The Times of India

Hormuz standoff: Trump's 'will blow them up' warning to Oman amid fragile Iran-US peace talks

Speaking to reporters during a cabinet meeting at the White House on Wednesday local time, Trump rejected the idea of any temporary arrangement that would allow Iran and Oman to jointly manage the strait. "No, the strait's going to be open to everybody," Trump said when asked whether he would…

AAP

AAP Rolling News Bulletin May 28, 1330

AAP Rolling News Bulletin for May 28 at 1330

The Economic Times

US warns ties with Iran’s Strait of Hormuz authority may bring sanctions for 'anyone' involved

America has issued a stern warning to global shipping and finance firms. Cooperation with Iran's new Persian Gulf Strait Authority could invite US sanctions. This move escalates pressure on Tehran's control over the vital Strait of Hormuz. The US Treasury Department stated that such cooperation might support Iran's Revolutionary Guard…

The Economic Times

ECB chief economist sees persistent impact on inflation from Iran war

Iran war impact: The European Central Bank's chief economist Philip Lane warns of lasting inflation from the Middle East conflict's energy shock. Even if the war ends quickly, energy costs may remain high. This could lead to further interest rate hikes by the ECB. Central banks must carefully manage monetary…

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