World

Energy companies, defence contractors, banks become largest beneficiaries of Iran war

08 May 2026 | 9:12 PM

London, May 8 (UNI) The US-Israel war with Iran has generated huge profits for major oil producers, banks and defence companies, even as the conflict continues to ramp up fuel prices, disrupt shipping and exacerbate living costs, hitting the global economy with a sledgehammer.

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Iran accuses US of breaching ceasefire by its aggressiveness, says new strikes launched

08 May 2026 | 9:00 PM

Tehran, May 8 (UNI) Iran has accused the US of breaching the ceasefire between the two countries today, rejecting the Pentagon and White House's version of a violent clash Thursday in the Strait of Hormuz, and said fresh strikes had been launched on Friday.

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Six Iranian nuclear sites struck in latest US-Israeli strikes tied to atomic weaponisation: think tank report

08 May 2026 | 8:40 PM

Tehran, May 8 (UNI) At least six Iranian nuclear sites were struck in recent US and Israeli attacks, with most of the confirmed or suspected targets linked to work associated with building a nuclear weapon, according to a new satellite imagery assessment by the Institute for Science and International Security.

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President Trump derails Democrats' efforts to use War Powers Act to challenge Iran War

08 May 2026 | 5:51 PM

Washington, May 8 (UNI) President Donald Trump's declaration that hostilities with Iran have been officially "terminated" has thrown the Democrats' efforts in Congress to challenge the administration's military campaign under the War Powers Act, into a toss, with the announcement now forcing the party to recalibrate its entire strategy.

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US-Iran ceasefire in jeopardy as two sides trade fresh rounds of armed exchanges

08 May 2026 | 5:02 PM

Washington/Tehran, May 8 (UNI) The US-Iran ceasefire grows more volatile on late Thursday after both sides reportedly fired shots at each other, with Iran accusing the US of violating the ceasefire by targeting two of its ships, while the US insisted that the attack was done in self-defence, reports The Guardian.

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Global efforts to track rare Hantavirus linked to infections on cruise ship expand as health officials confirm disease to be transmissible

07 May 2026 | 11:21 PM

Washington, May 7 (UNI) Global efforts to track the rare outbreak of Hantavirus linked to a cruise ship off the west coast of Africa are expanding, after health officials confirmed the strain is transmissible, and can spread from person to person, confirms CBS News.

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Congress Democrats opening investigation into clemencies granted by President Trump over alleged political connections

07 May 2026 | 10:21 PM

Washington, May 7 (UNI) Democrats in Congress have opened an investigation into whether clemency decisions made by President Donald Trump were apolitical, or influenced by "pay to play dynamics", according to letters obtained by CBS News.

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Bangladesh Home Minister Salahuddin Ahmed announces gradual withdrawal of army from law enforcement duties

07 May 2026 | 10:17 PM

Dhaka, May 7 (UNI) Bangladesh Home Minister Salahuddin Ahmed announced that the government had decided to initiate a phased and gradual withdraw of the army from field-level law enforcement duties, due to the restoration of discipline in the police force.

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Iranian President Masoud Pezeshkian shares first public account of meeting with Supreme Leader Mojtaba Khamenei

07 May 2026 | 10:14 PM

Tehran, May 7 (UNI) Iranian President Masoud Pezeshkian has given the first public account of a recent meeting with Supreme Leader Mojtaba Khamenei, who has not appeared publicly since the strikes that killed his father and predecessor, Ali Khamenei, and reportedly left him badly wounded, and possibly disfigured.

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Pakistan Foreign Office hopeful over Iran-US reaching a peace agreement 'sooner rather than later'

07 May 2026 | 9:36 PM

Islamabad, May 7 (UNI) Expressing optimism over the prospects of the US and Iran reaching a peace agreement, Pakistan Foreign Office (FO) spokesperson Tahir Andrabi said on Thursday that Islamabad was hopeful on the matter, and expects an agreement between Tehran and Washington "sooner rather than later." .

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US consumers unlikely to see dip in oil prices even if peace agreement is reached with Iran

07 May 2026 | 9:06 PM

Washington, May 7 (UNI) Even if the US and Iran manage to eventually reach a peace agreement – which is considered highly uncertain - US consumers are unlikely to see gasoline prices return to pre-war levels anytime soon.

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Iranian President Masoud Pezeshkian acknowledges war-time hardships for national economy in remarks to business leaders

07 May 2026 | 8:39 PM

Tehran, May 7 (UNI) Releasing a video from his office, Iranian President Masoud Pezeshkian, admitting war time difficulties on the national economy on Thursday, told business leaders that the country was facing multiple domestic difficulties across sectors, attributing them to coordinated external efforts to destabilise the country.

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Satellite imagery identifies possible new fortifications near Iran's Natanz nuclear facility

07 May 2026 | 7:48 PM

Natanz, May 7 (UNI) New satellite imagery appears to show Iran taking additional protective measures around a deeply buried underground facility near its main nuclear infrastructure at Natanz Nuclear Facility, according to a new assessment by the Washington-based Institute for Science and International Security.

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Trump calls for charges against Hakeem Jeffries over ‘inciting violence’ claim

07 May 2026 | 7:44 PM

Washington, May 7 (UNI) US President Donald Trump has urged authorities to take action against House Minority Leader Hakeem Jeffries, alleging he incited violence in recent comments.

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ICE to target criminals in New York: DHS Secretary Mullin

07 May 2026 | 7:35 PM

Washington, May 7 (UNI) US Secretary of Homeland Security Markwayne Mullin said on Thursday that the Immigration and Customs Enforcement (ICE) agency are heading to New York to target criminals.

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