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Wall Street rises as oil returns to pre-Iran war levels

Jul 6, 2026, 22:58 GMT+1

Wall Street ended higher on Monday as oil prices settled around levels last seen before the US-Israel war with Iran, while investors looked ahead to corporate earnings and new developments in the AI and chipmaker sectors.

All three major US indexes closed in positive territory.

The Dow Jones Industrial Average rose 0.29%, the S&P 500 gained 0.72% and the Nasdaq Composite climbed 1.12%.

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Iran buries Khamenei as fight over his power continues
1
ANALYSIS

Iran buries Khamenei as fight over his power continues

2
INSIGHT

Iran’s energy growth slows to a crawl as demand races ahead

3
VOICES FROM IRAN

Iran's costly farewell for supreme leader draws backlash

4
ANALYSIS

The end of one-man rule? Iran tests life after Khamenei

5
INSIGHT

Iran keeps Ejei as judiciary chief, preserving hardline course

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Spotlight

  • Khamenei funeral struggles to stay on script
    INSIGHT

    Khamenei funeral struggles to stay on script

  • The end of one-man rule? Iran tests life after Khamenei
    ANALYSIS

    The end of one-man rule? Iran tests life after Khamenei

  • Iran's costly farewell for supreme leader draws backlash
    VOICES FROM IRAN

    Iran's costly farewell for supreme leader draws backlash

  • Iran’s energy growth slows to a crawl as demand races ahead
    INSIGHT

    Iran’s energy growth slows to a crawl as demand races ahead

  • Behind the funeral: Khamenei’s coffin becomes stage for Iran’s wounded power
    ANALYSIS

    Behind the funeral: Khamenei’s coffin becomes stage for Iran’s wounded power

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Revenge rhetoric dominates Khamenei funeral despite US talks push

Jul 6, 2026, 22:56 GMT+1
Revenge rhetoric dominates Khamenei funeral despite US talks push
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Mourners carry an anti-Trump banner at the funeral ceremonies for Iran's slain supreme leader Ali Khamenei, Tehran, July 5, 2026

Calls for revenge and threats targeting US President Donald Trump and other American public figures featured prominently during Ali Khamenei’s funeral procession in Tehran on Monday, as mourners demanded retaliation for the slain Supreme Leader’s killing.

Participants carried placards resembling assassination target lists, with red crosshairs superimposed on the faces of several US and pro-Israel figures.

Those pictured included Trump, Republican Senator Lindsey Graham, conservative commentator Ben Shapiro, activist Laura Loomer, Israeli-American billionaire Miriam Adelson, Foundation for Defense of Democracies chief Mark Dubowitz, investor Peter Thiel and others.

The placards read: “Sooner or later, your heads will roll.”

Participants also hanged an effigy of Trump, while others carried a large banner reading “Kill Trump – $100 Million Iranian Bounty” in front of the vehicle carrying Khamenei’s coffin.

A video published online showed Islamic Republic supporters throwing stones at a poster of Trump before tearing it apart.

In another video from the procession, mourners chanted: “We don't want a deal, we want Trump's head,” underscoring the contrast between public calls for revenge and the Islamic Republic’s parallel ceasefire and negotiation track with Washington.

The IRGC-affiliated Fars News Agency separately published footage showing supporters waving red flags and calling for revenge over Khamenei’s killing, reinforcing the retaliation theme that ran through the procession.

A large English-language poster depicting Trump and Israeli Prime Minister Benjamin Netanyahu as wanted men was also displayed among the crowds, featuring threats including “There will be blood” and “Kill Trump” alongside images of the two leaders marked with crosshairs.

Iranian officials and pro-government figures have repeatedly called for revenge over Khamenei’s killing, while insisting that retaliation is separate from the country’s ceasefire and negotiation process.

Inside Tehran’s metro system, Islamic Republic supporters chanted slogans against negotiations with the United States, including: “We did not give martyrs to make peace, or to praise the murderer Trump.”

Another group chanted: “Death to the foreign-backed Pahlavi,” referring to exiled prince Reza Pahlavi, who has called for the end of the Islamic Republic.

The funeral, staged as a mass display of loyalty to the Islamic Republic’s slain leader, became a platform for threats against US and Israeli figures and against Iranian opposition figures abroad.

Tehran hits back at Germany over Hormuz de-mining costs

Jul 6, 2026, 22:23 GMT+1

Iran has hit back at Germany after Berlin said Tehran should pay for mine clearance in the Strait of Hormuz, saying instead that Germany must be held accountable for what it called its role in military aggression against Iran.

“The German Foreign Minister’s rhetoric on the Strait of Hormuz is utterly shameful — a grotesque distortion of reality,” Foreign Ministry spokesperson Esmaeil Baqaei wrote on X Monday.

Baqaei said Germany should bear the costs of what he described as its “active participation in the crime of aggression,” adding that “offensive posturing” would not allow what he called the “Berlin regime” to evade responsibility.

Iran security chief warns Trump after threat to ‘finish the job’

Jul 6, 2026, 20:29 GMT+1

Iran’s Supreme National Security Council secretary warned US President Donald Trump that Tehran would respond “in another language” unless he spoke to the Iranian people “with respect,” after Trump said the United States would “finish the job” if no deal is reached with Iran.

“I say to the delusional president of the United States, who today threatened 91 million Iranians: Speak to the Iranian people with respect, or we will respond to you in another language,” Mohammad Bagher Zolghadr said.

Zolghadr said Trump had previously used similar language to threaten Iran’s “several-thousand-year-old civilization,” adding that the result for Washington had been “defeat, desperation and requests for negotiations and a ceasefire.”

Trump earlier said Washington was “close to maybe making a deal” with Iran but warned: “We’re either going to make a deal or we’re going to finish the job.”

Trump also said the United States could “knock down” Iran’s bridges “in one hour” and take out its energy supply and power plants “in a small part of an afternoon.”

Iran sentences another protester to death - rights group

Jul 6, 2026, 20:14 GMT+1
Iran sentences another protester to death - rights group
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An Iranian protester detained during the nationwide January uprising has been sentenced to death on the charge of “waging war against God,” US-based rights group HRANA reported on Monday.

Kamal Khan-Babaei is being held in Chubindar Prison in the northwestern city of Qazvin, where Branch 1 of the Revolutionary Court issued the sentence, the report said.

HRANA reported, citing an informed source, that one of the alleged grounds cited in the case against Khan-Babaei was breaking two cameras.

Exiled prince urges Dutch lawmakers to back Iran democracy movement

Jul 6, 2026, 19:39 GMT+1

Iran's exiled prince Reza Pahlavi, in an address to the Dutch parliament’s Foreign Affairs Committee on Monday, called for supporting the Iranian people’s struggle for democracy, describing it as an investment in the security of the Netherlands and the stability of Europe.

Pahlavi said a democratic Iran would end support for terrorism, stop supplying equipment to Russia’s war machine, help stabilize the region and become a partner for Europe in trade and investment.

“The Islamic Republic is no longer merely a challenge in the Middle East; it has become a threat to Europe and the world,” Pahlavi said, according to a copy of his speech published by his press office.

“Supporting the people of Iran is not merely a humanitarian gesture toward a distant country; it is an investment in the security of the Netherlands, the stability of Europe and a Middle East that exports trade, cooperation and prosperity instead of terrorism, instability and waves of refugees,” he said.