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• President Donald Trump vowed to hit Iran "very hard tonight" following two days of intensified military strikes between the U.S. and Iran. • Trump further threatened that the United States would eventually take over Iran's critical oil and gas sectors to cripple its economy. • The escalation significantly increases the risk of a full-scale war in the Middle East, destabilizing an already volatile region.

Strikes on Bemani damaged key water reservoir for 20,000 people living in area amid a historic drought in the countryMiddle East crisis – live updatesMilitary strikes that damaged two water storage facilities in southern Iran may constitute a war crime, military and legal experts say, after reviewing media reports and visual evidence of a 10 June strike on Bemani, a small district about 2 miles from the strait of Hormuz.It’s unclear if the strikes deliberately targeted the district’s water tanks, or if they unintentionally destroyed a key reservoir for about 20,000 people living nearby. But if the tanks were the target, then the legal question becomes critical, Brian Finucane, a former state department lawyer, said. “It’s either a military objective or it’s a civilian object: attacking one is lawful, attacking the other is a war crime,” Finucane said. Continue reading...

• Major equity indexes rebounded on Thursday, recovering from sharp losses experienced during the previous trading session. • The recovery was driven largely by gains in tech stocks and investor indifference toward President Donald Trump's warning that the U.S. "will be hitting Iran" tonight. • This bounce back suggests that market participants are currently downplaying geopolitical tensions and specific corporate concerns, such as Oracle's data-center spending.

US president warns of further military action as both sides accuse each other of breaching temporary ceasefireMiddle East crisis – live updatesUS politics live – latest updatesDonald Trump has said the US will take control of Iran’s oil and gas infrastructure and launch further strikes on Iran on Thursday night, just hours after the two countries exchanged fire for the second consecutive day despite a nominal ceasefire in place.In a post on Truth Social, Trump said the US would hit Iran “VERY HARD, TONIGHT”, claiming that most of Iran’s offensive capacity had been destroyed. He also said the US would seize Kharg, an island in the Gulf that handles about 90% of Iran’s oil exports and hosts vast storage facilities. Continue reading...

European Central Bank increases main deposit rate to 2.25%, with two further rises expected by next springBusiness live – latest updatesThe European Central Bank has raised interest rates for the first time since 2023 in response to higher inflation caused by the war in Iran.The ECB raised its main deposit rate from 2% to 2.25% and financial markets are pricing in two more rises by next spring. Continue reading...

Iran says US attacks make ceasefire ‘practically meaningless’. Plus, Trump says ‘I love the inflation’ when asked about jump to 4.2%Good morning.Has the ceasefire collapsed yet?What is the status of negotiations? Talks to turn the ceasefire into a durable peace deal have stalled for weeks, with periodic flare-ups as both sides continued to launch limited strikes and trade blame for violating the truce.What do the two side want? Iran seeks the lifting of international sanctions, the unfreezing of billions of dollars in assets, and control over the strait of Hormuz. Trump has said any future peace deal must prevent Iran from developing a nuclear weapon, which Tehran denies it is seeking to do.This is a developing story. Follow our live coverage here.What did Gates say? “I support the release of all the Epstein files and sincerely hope that, through your efforts and those of others advocating on their behalf, the survivors of Epstein’s crimes can get the justice that they deserve.” Continue reading...

A wave of US strikes represent the gravest test yet of the fragile truce. Here’s what happened, what officials are saying and whether the deal can surviveMiddle East crisis – live updatesThe US has launched a wave of strikes across southern Iran for a second consecutive day. Although there have been several breaches since a ceasefire was agreed between the two sides in April, the attacks this week – launched after the downing of a US helicopter over the strait of Hormuz – represent the most serious and extensive breakdown of the truce to date.The US president, Donald Trump, has raised the prospect of further attacks on the country, while his defence secretary, Pete Hegseth, has told reporters if strikes “have to happen [Friday] night, they will be strong and they will be clear”. Continue reading...

• UN High Commissioner for Human Rights Volker Türk announced that investigators will probe potential breaches of international humanitarian and human rights law by all parties involved in the Lebanon conflict. • The escalation, featuring Hezbollah attacks and an extensive Israeli air and ground campaign, has resulted in over 3,660 deaths and the displacement of more than one million people. • This conflict opens a new front in the Middle East, intensifying fears of a wider regional war and creating a severe humanitarian crisis.

US launches second round of airstrikes on Iran, and Tehran responds by targeting Bahrain, Kuwait and JordanUS strikes Iran for second day, as ceasefire appears close to collapseWelcome to our live coverage of the conflict in the Middle East.The US has launched a second round of airstrikes, after Donald Trump warned that Tehran would “pay the price” for stalled negotiations, and Iran responded with strikes targeting Bahrain, Kuwait and Jordan.US Central Command said it had “completed” its latest round of airstrikes just before sunrise in Iran. It said the strikes targeted “Iranian military surveillance capabilities, communication systems and air defense sites,” and were carried out by the US air force, Marines and Navy.The sounds of explosions echoed around Tehran, the port city of Bandar Abbas and other southern areas along the strait of Hormuz.Iran responded by launching strikes on Bahrain, Kuwait and Jordan.Kuwait closed its airspace as its air defences fought off the attack. Kuwait’s directorate general of civil aviation said flights were being diverted to other airports, without elaborating.Iran’s Islamic Revolutionary Guard Corps said it had fired ballistic missiles at a US command centre in Jordan, according to state media.Iran’s UN envoy said the US should refrain from threats of force if it wants a deal.Israel early on Thursday warned residents in the north to seek shelter after the detection of suspected incoming fire from Lebanon.The international benchmark for crude oil traded above $93 a barrel on Wednesday, up more than 25% since the start of the war. Continue reading...

• The United States launched a second consecutive day of military strikes against Iran, following Donald Trump's vow to "hit them hard again" after accusing Tehran negotiators of deception. • Iran's foreign ministry spokesperson, Esmail Baqaei, stated that these attacks have jeopardized ongoing ceasefire negotiations and accused Washington of undermining diplomatic efforts. • The situation is further complicated by allegations from Iran that Israel is simultaneously violating the ceasefire agreement in Lebanon, threatening a wider regional escalation.

• On June 10, 2026, the Sensex surged 355 points and the Nifty crossed 23,300 in early trade, driven by gains in FMCG and private banking stocks. • The market rally occurred despite deepening geopolitical tensions following fresh US strikes on Iran, which caused mixed reactions across Asian markets. • While Indonesia’s JSX Composite jumped 7.57% and Thailand’s SET index rose 1.44%, North Asian markets like Japan’s Nikkei 225 fell 1.01% due to safe-haven yen strength.

• The US and Iran agreed to a ceasefire on April 8 following weeks of intense conflict and retaliatory attacks. • The agreement aims to halt hostilities and initiate protracted negotiations between the two nations. • Key diplomatic priorities include reopening the strategically vital Strait of Hormuz and resolving long-standing disputes over Iran’s nuclear program.

• Former President Donald Trump claimed that Iran shot down a helicopter on June 9, 2026, and vowed that the United States would "respond" to the incident. • The claim comes amid escalating tensions involving a broader US-Israel military conflict against Iran and ongoing Israeli attacks on Lebanon. • This escalation signifies a critical spike in regional instability, potentially leading to direct military confrontations between major global powers and Middle Eastern states.

• Regional tensions persist in the Middle East nearly four months after the latest crisis erupted, despite a fragile ceasefire between the United States and Iran. • The UN Security Council is convening for a high-level debate to discuss advancing political solutions to address ongoing conflicts and humanitarian emergencies. • The situation remains volatile as US-Iran negotiations falter and strikes have reportedly resumed, threatening regional stability.

Nancy Lacore, ousted by Pete Hegseth last year, heads to a run-off in race for Nancy Mace’s seatUS politics live – latest updatesA three-star navy rear-admiral fired by Pete Hegseth last year in the defense secretary’s purge of senior US military officials advanced to a Democratic run-off in a closely-watched congressional race in South Carolina.Nancy Lacore, who served 35 years in the navy, was chief of the navy reserve when she was ousted by Hegseth in August. Continue reading...

Before the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy pricesUS inflation jumped to 4.2% in May, the third consecutive monthly increase since the start of the Iran war and a three-year high, as Americans continue to face steep oil prices.Prices have increased sharply over the past several months, rising 3.3% in March before going up to 3.8% in April. In February, before the conflict began, inflation was at 2.4%. Continue reading...

US launches strikes in retaliation for downing of US army helicopter, while White House source says deal could still be closeThe future of peace talks in the Middle East have been thrown into question after Iran’s foreign ministry said it needed to “reassess” its participation, while Donald Trump said Iran would have to “pay the price” after the two countries traded fire overnight, drawing neighbouring states back into an on-and-off war that has consumed the region since late February.The US launched strikes against Iran in the early hours of Wednesday morning in retaliation for what it said was Iran’s downing of a US army helicopter near the strait of Hormuz. Iran then launched a wave of retaliatory airstrikes claiming hits on US bases in Kuwait, Bahrain and Jordan. Continue reading...

Vice-president says he expects war to end in a week or few months with ‘a deal that is good for US economically’. Plus, get ready for start of Fifa men’s World CupGood morning.US forces have launched strikes against Iran in response to the downing of an Apache helicopter near the strait of Hormuz a day earlier, and Iran has retaliated by hitting American airbases in the Middle East. The exchange of fire came as the US vice-president, JD Vance, was vague on the possible timeframe for ending the Iran war, saying it could conclude in a week or a few months.What did Vance actually say? “Right now, I feel that we are in a position to get a deal that is good for the United States economically and that really does deal with the Iranian nuclear program. Not just now, not just while Donald Trump is president, but for the long term, to where my kids can say when they’re adults: ‘Iran is not going to have a nuclear weapon.’”Who is Steve Hilton? Since arriving in the US 14 years ago, he has had stints as an entrepreneur, a policy analyst and a Fox News host after years of working in the background of Conservative party politics in Britain.Who has been supporting him? Hilton has assembled a broad coalition spanning working-class voters, Latino small-business owners, religious conservatives and Silicon Valley tech tycoons. He has managed to turn his British accent into an asset, priding himself on being a legal immigrant as opposed to the undocumented kind derided by the Republican establishment. Continue reading...

• Stock futures declined on Wednesday, led by sharp drops in technology shares, as investors await a critical upcoming inflation report. • Oil prices increased following U.S. "self-defense strikes" against Iran and comments from President Donald Trump stating that Iran has "taken too long to negotiate a deal." • The market volatility reflects growing economic uncertainty regarding inflation and heightened geopolitical tensions in the Middle East.

• U.S. Central Command has launched strikes against Iran in response to the downing of an American military helicopter. • Iranian officials report that the strikes hit two water storage tanks in Sirik County, Hormozgan province, cutting off drinking water for local residents. • Iran's consulate in Mumbai condemned the action, stating that targeting civilian water infrastructure raises serious humanitarian concerns.

• Experts and policymakers at a Nikkei conference in Tokyo warned that the closure of the Strait of Hormuz is triggering an energy crisis with wide-reaching economic spillover effects. • The Malaysian central bank Governor highlighted that these disruptions are negatively impacting industrial inputs, logistics, food prices, and the tourism sector across Asia. • The regional outlook is further complicated by the rise of AI-driven disinformation, which threatens to destabilize markets and political stability.

• South Korean stocks opened sharply higher on Tuesday, recovering from a significant plunge of over 8 percent in the previous trading session. • The rebound was driven by a recovery in major technology shares and positive investor sentiment regarding the strong business fundamentals of AI-related sectors. • Market stability was further supported by news of a ceasefire between Israel and Iran, reducing geopolitical tensions that had previously pressured shares.

• The expanded World Cup is set to begin across the U.S., Mexico, and Canada, featuring a record 48 teams competing in 104 matches over nearly six weeks. • To ensure player safety in North American stadiums with limited shade, FIFA has implemented hydration breaks and updated its water bottle policy. • The tournament highlights the intersection of global politics and sport, while focusing on whether veterans like 38-year-old Lionel Messi and 41-year-old Cristiano Ronaldo can achieve final career milestones.