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UNCOVERED: 81 - The Untold Story

Spain’s Pedro Sánchez is a progressive outlier in Europe – and over Ceuta, he is being made to pay for it

The Spanish PM has been one of few European leaders to stand up to Trump. He now faces coercive diplomacy and an emboldened far right at home, says journalist Eoghan Gilmartin

The Guardian - UK

CAS chaos: Nifty ends flat but Sensex jumps 374 points on expiry day

Indian markets closed higher with Sensex rising 374 points, while Nifty remained flat due to divergence from the closing auction session. PSU banks outperformed, while auto and realty lagged. Analysts see valuation support holding, with limited RBI impact and cautious FII flows amid high US bond yields and global uncertainty.

The Economic Times

'Enemies sought to replicate Syria's fate': Pezeshkian hails Mojtaba Khamenei for 'united' Iran

Iranian President Masoud Pezeshkian on Wednesday said "hostile powers" had tried to destabilise and overthrow the Islamic Republic, but credited the country's new Supreme Leader Mojtaba Khamenei, with keeping Iran united and resilient amid mounting external pressure.

The Times of India

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Israel refuses to withdraw from more south Lebanon areas at talks

Israel told talks in Rome on Thursday it would not withdraw from additional areas of southern Lebanon until the Lebanese army established full control over two initial "pilot zones", a Lebanese presidential source said. Follow our liveblog for the latest developments. Read our blog to see how the day's events…

France 24

Iran says Hormuz deal with Oman in final stage as Trump signals breakthrough

Iran on Wednesday said an agreement with Oman over the Strait of Hormuz was in its final stages as US President Donald Trump suggested a deal could be announced within days, raising hopes for the easing of a blockade that has disrupted global shipping and fuelled months of conflict.

France 24

Oil Price Today (August 6): Crude oil dips below $80 on hopes Iran-Oman deal could end Iran war. What are experts saying?

Oil prices experienced a minor decline on Thursday amid advancing negotiations. Market watchers are closely monitoring the prospective US-Iran peace treaty, which could enable access to the key Strait of Hormuz. While experts expect oil prices to stabilize with an uptick in supply, ongoing disruptions in essential shipping routes present…

The Economic Times

Yen and dollar drift on Iran deal concerns, payroll jitters

On Thursday, currency markets exhibited a sense of caution as traders monitored impending economic data. The Japanese yen battled to uphold its recent gains against the dollar following intervention efforts. Global attention was centered on the proposed U.S.-Iran deal and its ramifications. Additionally, investors were keenly waiting for upcoming U.S.…

The Economic Times

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'Very difficult to communicate': Iran President Pezeshkian on Supreme Leader Mojtaba Khamenei

Iranian President Masoud Pezeshkian has said that communicating with Supreme Leader Mojtaba Khamenei is "very difficult", as the latter continues to remain out of public view after succeeding his father Ayatollah Ali Khamenei, following his death.

The Times of India

Gold touches seven-week high on Strait of Hormuz reopening hopes

Gold's ascent continued on Thursday, marking the fourth day of increases and reaching a seven-week high. This rally was driven by a softer dollar and dipping Treasury yields. Additionally, hopes for the reopening of the Strait of Hormuz added positive vibes. Market watchers are now keenly awaiting the U.S. nonfarm…

The Economic Times

Oil prices slip as Iran-Oman talks fuel hopes for US-Iran peace deal

Oil prices fell as markets reacted to ongoing discussions between Iran and Oman. The negotiations could pave the way for a peace agreement between the United States and Iran, potentially reopening the critical Strait of Hormuz. Reports suggest progress towards a deal that would allow Iran to oversee shipping operations,…

The Economic Times

‘Don’t want to kill people,' Trump says Iran asked him to halt the ‘biggest attack’ since WWII

President Trump stated he prefers a deal with Iran to avoid conflict. He claimed Iran requested talks after the United States prepared for a major strike. The US president reiterated that Iran must not develop nuclear weapons. He also compared US actions in Iran to those in Venezuela. Trump suggested…

The Economic Times

Trump confronted Hegseth at Camp David over Iran munitions shortage, report says

The Pentagon chief reportedly blamed his deputy, Stephen Feinberg, for not making sure the president was fully informed of the issue

The Independent UK

'Biggest attack since World War II': What stopped massive US strike on Iran? Trump reveals

US President Donald Trump said that the United States was on the verge of launching what he described as the "biggest attack since World War II" on Iran before Tehran reached out to seek talks. He claimed that the prospect of a massive military strike pushed Iran back to the…

The Times of India

Global Market Today: Asian stocks drop as AI rally pauses, oil dips

Asian markets experienced a dip on Thursday as Wall Street's recent tech surge showed signs of slowing down. Crude oil prices also fell slightly after Iran and Oman reached a new agreement regarding the Strait of Hormuz. Meanwhile, Sandisk and Western Digital faced significant declines following disappointing earnings reports. As…

The Economic Times

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The Economic Times

Iran and the US say a Strait of Hormuz deal is close, but one or both would have to back down

Iran and Oman are finalizing an agreement concerning the Strait of Hormuz. This potential deal could reopen the vital waterway and ease global economic pressures. U.S. President Donald Trump indicated a deal might be announced this week. Attacks on regional shipping continue, impacting oil prices and trade routes. Meanwhile, a…

The Independent UK

Iran president admits interaction with supreme leader Mojtaba Khamenei is ‘very difficult’

Masoud Pezeshkian makes cryptic comment in state television interview

Evening Standard

Miliband denies relations with ‘closest ally’ US harmed by his Trump criticism

The Foreign Secretary said his previous scathing comments about the US president ‘didn’t come up’ in talks with Marco Rubio.

The Independent UK

Sailors on USS Lincoln outside Iran are exhausted and suffering from poor morale on ship, families warn

‘Apparently, the ship’s doctor or therapist said they need to hit port soon or people are going to start, you know, losing their minds,’ says Bonnie York, whose stepson serves on the carrier

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France 24

Iran president says contact with supreme leader is 'very difficult'

Iranian President Masoud Pezeshkian said Wednesday that communication with Supreme Leader Mojtaba Khamenei was "very difficult" following the leader's reported wounding during the US-Israeli strike that killed his father. Pezeshkian, however, defended Khamenei against rising speculation over his absence from public view.

The Economic Times

US stocks: Dow closes at record on Mideast optimism; SpaceX, AMD drag Nasdaq

The Dow Jones Industrial Average achieved an all-time high on Wednesday, driven by rising optimism over potential peace talks with Iran. Meanwhile, both SpaceX and AMD saw their stock prices drop following their earnings announcements. The growth in private payrolls also showed signs of cooling in July, reflecting a steady…

The Guardian - UK

Understanding reached on coordinates for shipping route through Hormuz, Iran says

Joint statement with Oman is being finalised, but Tehran says deal alone would not guarantee waterway’s security

Barchart

Progress Toward Reopening the Strait of Hormuz Weighs on Oil Prices

September WTI crude oil (CLU26 ) closed down -0.55 (-0.73%) on Wednesday, and September RBOB gasoline (RBU26 ) closed down -0.0134 (-0.47%). Crude oil and gasoline prices added to this week's sharp losses on Wednesday, with crude falling to a 3-week low and gasoline dropping to a 4.75-month nearest-futures low....

The Independent UK

Iran and Oman reach an understanding to reopen Strait of Hormuz

IN FULL

The Independent UK

Trump says deal to reopen the Strait of Hormuz could come as early as Wednesday

U.S. President Donald Trump says a deal to reopen the Strait of Hormuz could come as early as Wednesday

The Economic Times

US removes sanctions from three IRGC-linked entities, Treasury website shows

The US Treasury Department has removed Fly Baghdad and two aircraft from its sanctions list. This action follows earlier targeting of the airline for suspected Iran links. The airline's owner, Basheer Al-Shabbani, however, remains under active US sanctions. Authorities have now directly linked Al-Shabbani to Iran's Quds Force. This move…

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