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Iran's annual inflation rate reaches 53.9%, Central Bank of Iran says

Jun 1, 2026, 13:33 GMT+1

Iran's annual inflation rate reached 53.9% during the last Iranian calendar month, which ended on May 21, the Central Bank of Iran (CBI) said on Monday.

CBI said point-to-point inflation, which compares prices with the same month a year earlier, reached 77.2%. Point-to-point inflation for goods stood at 113%.

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Iran hardliners rage over US deal, but experts say regime is closing ranks
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ANALYSIS

Iran hardliners rage over US deal, but experts say regime is closing ranks

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Iran executes two January protesters as post-war crackdown continues

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INSIGHT

Hope, anger and distrust: Iranians debate Iran-US memorandum online

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G7 welcomes US-Iran deal, backs Hezbollah disarmament

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US says it intercepted Iranian missiles targeting forces in Kuwait

Jun 1, 2026, 13:24 GMT+1

US forces intercepted two Iranian ballistic missiles targeting American forces based in Kuwait late on Sunday, US Central Command (CENTCOM) said on Monday.

"These missiles were immediately defeated and no American personnel were harmed," CENTCOM said in a statement.

"U.S. Central Command remains vigilant and will continue to protect our forces from Iranian aggression while supporting the ongoing ceasefire," it added.

Araghchi says Iran-US ceasefire covers Lebanon

Jun 1, 2026, 12:18 GMT+1
Araghchi says Iran-US ceasefire covers Lebanon
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Iranian Foreign Minister Abbas Araghchi said on Monday that the ceasefire between Iran and the United States covered “all fronts,” including Lebanon.

“The ceasefire between Iran and the US is unequivocally a ceasefire on all fronts, including in Lebanon,” he said.

The foreign minister said a violation on one front would amount to a violation of the ceasefire on all fronts.

“The US and Israel are responsible for the consequences of any violation,” Araghchi warned in a post on X.

Israeli Prime Minister Benjamin Netanyahu said in a statement earlier in the day that he had ordered the military to strike targets belonging to Iran-backed Hezbollah in Beirut’s southern suburb of Dahiyeh.

Japan urges Iran to show ‘maximum flexibility’ for US deal

Jun 1, 2026, 12:05 GMT+1
Japan urges Iran to show ‘maximum flexibility’ for US deal
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Japan’s Prime Minister Sanae Takaichi urged Iranian President Masoud Pezeshkian on Monday to show “maximum flexibility” to seize the opportunity for a ceasefire agreement with the United States.

Takaichi told reporters after the call that she also strongly demanded the Strait of Hormuz be reopened soon to ensure free and safe navigation for ships from Asia and other countries.

She did not detail Pezeshkian’s response but said the two leaders agreed to keep close communication.

EU says Pakistan helped prevent return to full Iran war

Jun 1, 2026, 11:31 GMT+1

EU foreign policy chief Kaja Kallas said on Monday that Pakistan’s mediation between the United States and Iran had helped prevent a return to full-scale war.

Speaking in Pakistan, Kallas said Islamabad’s diplomatic efforts were “recognised and appreciated across Europe.”

She said Pakistan’s support had helped create a fragile diplomatic opening to extend the ceasefire and reopen the Strait of Hormuz.

Kallas said any temporary understanding between Washington and Tehran must be followed by deeper talks on Iran’s nuclear stockpile and other critical issues.

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Saudi Arabia condemns Iran’s attacks on Kuwait

Jun 1, 2026, 10:51 GMT+1

Saudi Arabia condemned repeated Iranian attacks on Kuwait on Monday, calling them a violation of Kuwait’s sovereignty and international law.

The Saudi foreign ministry said the attacks undermined international efforts to restore security and stability in the region.

Riyadh said it stood in solidarity with Kuwait and supported any measures taken to protect its sovereignty, security and stability.