
Russia's foreign minister assures assistance to Iran in de-escalation with Israel
Lavrov's comment came during a telephone call by Iranian Foreign Minister Abbas Araghchi, the Russian Foreign Ministry said in a readout.

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Economic Times
37 minutes ago
- Economic Times
Charting the global economy: Israeli airstrikes boost oil prices
Bloomberg Live Events Bloomberg Bloomberg Bloomberg Bloomberg Bloomberg Bloomberg Bloomberg Bloomberg Bloomberg Bloomberg Crude oil prices surged and investors sought the safety of gold after Israel conducted airstrikes on Iranian atomic facilities involved in nuclear data in the US showed underlying inflation in May rose by less than forecast for a fourth straight month, while producer price inflation remained muted. While Federal Reserve will likely keep interest rates unchanged at next week's meeting, officials may face more pressure to lower borrowing costs the UK, the economy shrank in April by the most in 1 1/2 years on large tax increases and US tariffs . Chinese exports to the US slumped the most in more than five years due to higher import are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy , markets and geopolitics:US President Donald Trump urged Iran to accept a nuclear deal to avoid further attacks, hours after Israel bombed the Islamic Republic's atomic facilities and killed top commanders. Israel said it struck around 100 targets across Iranian cities on Friday morning, using 200 planes. The attacks, which Israel has said will likely continue over the coming days, caused crude oil to surge as much as 14%, though it later pared its gains. Gold hovered near its all-time earths are among the most critical raw materials on the planet, deeply embedded in the technologies that underpin modern life. Yet few people have heard of them or know what they do. They are used across sectors — from semiconductors and iPhones to MRI machines and cancer treatments. China leveraged its dominance of the supply chain to retaliate against American tariffs by restricting the export of rare bankers in Peru and Serbia held rates steady this week. Kenya lowered its benchmark all the hand-wringing about tariffs, Americans are so far experiencing limited inflation from the Trump administration's trade policy. More broadly, the government's consumer price index report showed underlying inflation rose less than forecast for a fourth month in May. Goods costs, excluding the volatile food and energy categories, were flat compared with a month inflation remained muted in May across the board, another sign that tariffs have yet to result in higher prices for consumers and House-passed version of Trump's massive tax and spending bill would deliver a financial blow to the poorest Americans but be a boon for higher-income households, according to a new analysis from the Congressional Budget tax increases and US tariffs triggered the UK's biggest monthly economic contraction in 18 months, casting doubt over the Labour government's plan to fund its spending ambitions with faster exports rose last month by less than expected last month as the worst drop in shipments to the US in more than five years counteracted strong demand from other markets. Exports rose almost 5% from a year ago, slower than economists' forecast of 6% growth. Despite that slowdown, record shipments so far this year provided much-needed support for an economy that is stuck in deflation and struggling with weak domestic is easing across Asia as lower food and fuel prices and stronger local currencies against the dollar push down costs. That's giving the region's central bank chiefs scope to support their trade-reliant economies as the risk of US tariffs and related uncertainty weigh on the tariffs threaten to batter Japan's vital auto industry and derail the country's long-standing efforts to engineer a sustainable economic recovery. With the 25% US tariff now in place on cars and auto parts, Japan's major automakers — including Toyota Motor Corp., Honda Motor Co., Mazda Motor Corp. and Subaru Corp. — are bracing for a collective hit of more than $19 billion this fiscal year inflation accelerated more than expected in May, breaching the top of the target range amid a central bank easing cycle and an economic slowdown.


United News of India
42 minutes ago
- United News of India
31 killed, 55 wounded in Israeli attacks on Iran's NW province: governor
Tehran, June 15 (UNI) Israeli airstrikes in Iran's East Azerbaijan province have killed 30 military personnel and one rescue worker, the province's Governor, Bahram Sarmast, has announced. The attacks, which began in the early hours of Friday, have also wounded 55 people across 19 different locations, according to a statement carried by the semi-official Tasnim news agency on Saturday. Among the sites hit was Tabriz Airport, a key logistics and transport hub in the provincial capital. Video footage from the scene showed thick black smoke billowing into the sky. Iranian media reported additional damage to the nearby Shahid Fakouri military airbase and parts of the adjacent railway network. In the pre-dawn hours of Friday, Israel launched a series of coordinated airstrikes targeting strategic locations across the country, including in the capital, Tehran. Iranian state media has confirmed the deaths of several high-ranking military commanders and prominent nuclear scientists in these attacks. In response to the Israeli offensive, Iran has launched barrages of ballistic missiles at military targets inside Israel since Friday night, further intensifying the conflict. UNI/XINHUA BM
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First Post
an hour ago
- First Post
Assassinating Supreme Leader Khamenei ‘not off limits', Israeli officials say
This could be an indication that the Jewish nation is now looking at potentially eliminating the country's entire leadership and dismantling the theocratic regime read more In this photo released by an official website of the office of the Iranian supreme leader, Supreme Leader Ayatollah Ali Khamenei speaks in a meeting with a group of air force officers in Tehran, Iran, Friday, Feb. 7, 2025. (Office of the Iranian Supreme Leader via AP) Several Israeli officials and politicians have refused to rule out the possibility of assassinating Iran's Supreme Leader Ayatollah Ali Khamenei amid escalating tensions between the two nations. A top Israeli official was quoted as saying by the Wall Street Journal that killing the supreme leader was 'not off limits'. The official said that the conflict 'would only end either with Iran voluntarily dismantling its nuclear program or Israel making it impossible for Tehran to reconstitute it.' STORY CONTINUES BELOW THIS AD Channel 12 also quoted a top Israeli political source as saying that the possibility can't be ruled out. 'Israel is not ruling out the possibility of eliminating Ali Khamenei, but it depends on many things,' the source said. This could be an indication that the Jewish nation is now looking at potentially eliminating the country's entire leadership and dismantling the theocratic regime. In initial strikes under its Operation Rising Lion , Israel killed Iran's highest-ranking military officer, the head of its elite Revolutionary Guards Corps and its air force and a former national security chief. The Israeli official quoted by the WSJ said that Israeli strikes have already dealt a blow to heavily fortified Natanz enrichment facility, where structural collapse was reported. Israeli also claimed to have killed at least nine nuclear scientists of the Shi'ite nation. On Sunday, additional Israeli strikes on Iran were reported , where the Israeli military targeted Ministry of Defence headquarters in Tehran as well as an oil depot. Khamenei meanwhile has vowed retribution. In a televised address, he said, 'We will not permit them to evade consequences for this significant wrongdoing they have perpetrated.' STORY CONTINUES BELOW THIS AD The ongoing exchange between Israel and Iran has sparked widespread international concern, especially regarding the targeting of political leaders and the risks to deeply buried nuclear facilities. Although there are doubts about Israel's ability to completely dismantle Iran's nuclear programme, an official has claimed that the recent strikes have already 'set back Iran's capabilities significantly.'