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YOU WONT BELIEVE: 10 - What They Never Told You

Avoid IT, focus on growth: Samir Arora's playbook for next 12 months

Investor optimism is rising on hopes of a US-Iran agreement, potentially easing energy market concerns and geopolitical uncertainty. Helios Capital founder Samir Arora believes peace in West Asia could remove a key market overhang and help control oil prices, with a focus on broader outcomes over deal specifics.

The Economic Times

UK inflation holds steady despite Iran war disruption hitting fuel costs

UK inflation unexpectedly flatlined last month as a slowdown in food price rises offset pressure from airfares, according to official figures.

The National (Scotland)

Trump hopes to put Iran conflict ‘in the rearview mirror’

IN FULL

The Independent UK

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Inflation unchanged at 2.8 per cent despite fears that Iran war effect would start to show on economy

UK inflation unexpectedly flatlines in food price rises offset pressure from rising fuel costs

Evening Standard

AAP Rolling News Bulletin June 17, 1630

AAP Rolling News Bulletin for June 17 at 1630

AAP

UK inflation unexpectedly sticks at 13-month low before BoE rate decision

UK inflation remained steady at 2.8% in May, surprising economists and the Bank of England. This data influenced currency markets, with Sterling seeing a slight dip. Bond yields also fell. Experts now anticipate the Bank of England will likely hold interest rates steady at its upcoming meeting. This development offers…

The Economic Times

Iranian oil tankers pass US blockade ahead of peace deal signing ceremony

The naval blockade began on 13 April and targeted all vessels entering or departing Iranian ports and coastal areas.

Euronews

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Oil falls below $80 as OECD oil reserves drop to lowest level since 1990

Oil prices fell below $80 per barrel as markets grew increasingly confident that the effective closure of the Strait of Hormuz is coming to an end. This comes as strategic oil reserves in advanced economies have fallen to their lowest level since 1990, according to the IEA.

Euronews

Iran fires drones at commercial ships in Strait of Hormuz: Israeli Media

The firing took place after the signing of the US-Iran memorandum of understanding (MoU) on Sunday, and the drones were intercepted by the US military ere they posed a threat to commercial or US military ships and personnel.

The Economic Times

Higher prices for gas, groceries and flights will outlast the Iran war, experts say

A tentative deal to end the Iran war offers hope but immediate price drops for consumers are unlikely. Experts suggest it will take time for oil and supply chains to normalize.

The Economic Times

Israel blocked from reading Iran peace deal draft as Trump fears Netanyahu would leak it, reports say

Reported development called ‘remarkable and highly unusual’

The Independent UK

US President Donald Trump's Iran war weighs on G7 economies, but don't expect hard talk in France

Global economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but the war's economic impact persists. Central banks have raised interest rates. G7 nations aim to avoid conflict with U.S. President Donald Trump, focusing on narrower economic issues.…

The Economic Times

Shares are mixed and oil trades below $80 on optimism over interim US-Iran war deal

Asian shares are mixed and oil is trading below $80 a barrel, as markets watch for details on the interim agreement to end the U.S.-Iran war

The Independent UK

Has Trump achieved his goals in the war with Iran?

Three months after U.S. and Israeli airstrikes, President Trump's objectives against Iran show mixed results. While Iran's missile and drone capabilities have been significantly degraded, its nuclear program remains a concern. Proxy groups are less effective, and the regime change goal has not been met, though a new leader has…

The Economic Times

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The Economic Times

Iran now has powers to shut Strait of Hormuz at will, US Intel report says

Iran can now control the Strait of Hormuz, a critical global waterway. This ability poses a significant threat to global economies. US intelligence agencies have revealed this assessment. The situation remains uncertain, with potential impacts on shipping traffic for weeks or months. President Trump plans to release the agreement text…

The Economic Times

South Korea president urges Trump to help make peace with North

South Korea's President Lee Jae Myung has asked US President Donald Trump to lead efforts for peace with North Korea. This comes as the US and Iran are set to sign a deal. Trump previously met North Korean leader Kim Jong Un. Lee's approach is softer than his predecessor's. North…

The Times of India

2,000 targets in 96 hours: How Elon Musk's Grok AI helped US military strike Iran

The US military used Elon Musk's artificial intelligence tool Grok to help plan and execute strikes against Iran, the Pentagon has revealed in a legal filing, marking the first official confirmation of xAI's technology being deployed in lethal military operations.

The Economic Times

US Stock Market: Wells Fargo raises S&P 500 target on stronger earnings outlook, easing macro risks

Wells Fargo has raised its year-end 2026 target for the S&P 500 to 7,950 from 7,300, implying a potential upside of about 5% from current levels. The brokerage cited stronger corporate earnings, easing macroeconomic uncertainty following the interim U.S.-Iran agreement, and improved investor sentiment after a recent market pullback.

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The Independent UK

Iran-US war latest: Trump and Iranian leader sign peace deal as Tehran vows to charge Strait of Hormuz fees

The US president told the G7 that he would ‘go back to bombing’ if a full agreement was not struck within 60 days

The Economic Times

Gold, Silver Prices Today: Silver falls for 2nd session; gold at Rs 1.52 lakh/10 grams ahead of US Fed policy meet. Key levels to watch

Gold and silver prices edged lower on MCX amid easing rate hike expectations and optimism over a potential U.S.-Iran deal. While domestic futures declined marginally, global prices showed slight gains. Analysts flagged key support and resistance levels as investors await clarity from the US Federal Reserve policy outcome.

The Conversation

US-Iran deal should see oil and LNG begin to flow again… slowly

US President Donald Trump hailed the deal ending the US-Israel war with Iran with a triumphant message: “Ships of the World, start your engines. Let the oil flow!” he wrote on his online social media platform.

International Business Times UK

Iran and US Chose to Sign Landmark Peace Deal in Geneva: What Other Treaties Have Been Inked There as Well?

Geneva is set to host a US-Iran memorandum of understanding, continuing its legacy as a neutral ground for significant global agreements, including the Geneva Conventions and Middle East peace pacts.

The Economic Times

Interim US-Iran deal leaves the thorniest issue still to be negotiated: Tehran's nuclear program

America and Iran have reached a two-month interim agreement concerning Tehran's nuclear program. This deal aims to reopen oil shipments and provide financial incentives to Iran. However, many lawmakers and advocates express doubt about its workability and the short timeline for nuclear talks. The previous nuclear pact took much longer…

The Economic Times

Sensex rises 347 points, Nifty closes near 24,100 as oil prices drop below $80. What lies ahead?

Indian stock markets extended gains for the fourth consecutive session, with Sensex and Nifty rising over 0.4% each. This surge was driven by a framework for an Iran-US deal and a significant drop in oil prices below $80 per barrel. Analysts anticipate continued market resilience, supported by tapering FII outflows…

The Times of India

No nukes, Hormuz access and more: JD Vance outlines 3 pillars of US-Iran deal

US Vice President JD Vance revealed a three-point peace framework with Iran: no nuclear weapons, open Strait of Hormuz, and strict conditions for economic benefits. Tehran must cease supporting militant groups and abandon its nuclear program to receive aid. Washington emphasizes actions over promises, stating the US benefits regardless of…

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