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Wednesday, June 10, 2026

Iran War Live Updates: Trump Threatens Iran Amid Prolonged Peace Talks; U.S. and Iran Trade Strikes - The New York Times

Iran War Live Updates: After U.S. and Iran Exchange Strikes, Trump Issues New Threat

"President Trump said Iran would “pay the price” for taking “too long to negotiate” an agreement to end the war.

A large gathering of people at night. Many are holding up cellphones with the flashlights switched on. Others are waving flags.
A rally in Tehran on Monday after Iran and Israel exchanged strikes.Credit...Arash Khamooshi/Polaris for The New York Times

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Here’s the latest.

President Trump threatened Iran again on Wednesday, warning that Tehran would “pay the price” for taking “too long to negotiate a deal” to end the war, a day after he said a peace deal was imminent, and hours after the United States and Iran exchanged strikes.

As Mr. Trump alternates between threatening to reignite the monthslong conflict and promising peace, neither is happening, leaving it unclear how or when the war will end and prolonging the turmoil in the Middle East.

Mr. Trump made his comments on social media hours after the U.S. military said its jets had hit Iranian targets in response to the downing of an American Apache helicopter near the Strait of Hormuz on Monday. Iran has not admitted or denied downing the helicopter, but its Islamic Revolutionary Guards Corps said the American strikes had been conducted “under false premises.”

IRIB, the Iranian state broadcaster, reported that the U.S. attacks hit drinking water facilities in the Bamani district of Sirik County, in the southern Hormozgan Province, cutting off water for thousands of people. Video footage of the damage, published by IRIB, was verified by The New York Times, though The Times could not verify that it was a water system that was struck. U.S. Central Command did not respond to a request for comment on the report.

In retaliation, Iran said it had launched attack drones against U.S. naval targets in Bahrain and fired missiles at American military facilities in Jordan. The extent of any damage was not immediately clear, though officials in the countries said that the strikes had been intercepted.

The resumption of bombardments came hours after Mr. Trump said that a deal to end the war with Iran could be signed within days. The president has made such claims repeatedly, though there has been no clear sign of progress in negotiations.

A delegation of Qatari officials arrived in Iran on Wednesday to discuss efforts to negotiate a deal, according to a regional official who spoke on the condition of anonymity to discuss sensitive matters. Qatar, alongside Pakistan, has served as a key mediator between Iran and the United States in diplomatic efforts to end the war.

Here’s what else we’re covering:

  • Persian Gulf: The Jordanian military said it had intercepted five missiles launched from Iran toward a region that includes the Muwaffaq Salti base, which has been used for U.S. air operations. Bahrain’s military said it had taken out several Iranian drones and missiles. And the Kuwait Army said its air defenses had intercepted hostile targets. The Revolutionary Guards claimed to have caused damage at U.S. bases, but that claim could not immediately be verified.

  • Lebanon: Israel deepened its assault across southern Lebanon on Tuesday in attacks it said were aimed at Iran-backed Hezbollah militants after an exchange of strikes between Iran and Israel ended the previous day. In the southern city of Tyre, at least eight people were reported to have been killed after the Israeli attacks.

  • Economic impact: U.S. consumer prices rose 4.2 percent in May compared to a year earlier, the highest pace of inflation since April 2023, amid the stalemate over Iran. Oil prices also jumped on Wednesday. Read more ›

  • Nuclear talks: The Trump administration’s negotiations with Tehran have focused on four major elements of a nuclear agreement that U.S. officials say would grind Iran’s program to a halt for about 15 years."

Iran War Live Updates: Trump Threatens Iran Amid Prolonged Peace Talks; U.S. and Iran Trade Strikes - The New York Times

CPI Report Live Updates: Inflation Jumps 4.2% as Iran War Intensifies Price Pressures - The New York Times

Live Updates: Inflation Jumps as Iran War Intensifies Price Squeeze

"Consumer prices rose at a faster rate for a third-straight month in May, to 4.2 percent annually, as the energy shock put more pressure on the U.S. economy.

Annual change in C.P.I.

Note: Data is seasonally adjusted year-over-year change in the Consumer Price Index. October 2025 is missing because of the government shutdown.

Source: Bureau of Labor Statistics.

Keith Collins/The New York Times

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What to know about the report.

U.S. inflation accelerated for a third-straight month in May amid a stalemate in negotiations to end the war with Iran, adding to the price pressures confronting consumers.

The Consumer Price Index report rose 4.2 percent in May from a year earlier, new data from the Bureau of Labor Statistics showed on Wednesday. That is up from a 2.4 percent annual increase before the conflict in the Middle East started in February and is the fastest pace since April 2023. Over the course of the month, overall prices jumped 0.5 percent.

Energy prices drove the bulk of the increase in May, rising 3.9 percent over the month. Once those were stripped out alongside food prices, the “core” index rose 2.9 percent on a year-over-year basis. Core prices rose 0.2 percent for the month, a 0.2 percentage point decrease from April’s monthly rate.

Energy costs have been spilling into categories where they make up a large chunk of the ultimate price tag, including food and airline fares, which rose 2.7 percent in May and are up 26.7 percent since this time last year. Hotel rates also increased 0.5 percent, in a possible indication of impact from the World Cup, although the hospitality industry has been disappointed in demand for rooms.

For the Federal Reserve, which will vote next week on whether to change interest rates, the most important question is whether stickier categories like manufactured goods and services — the core inflation — are also being affected. This core reading was slightly softer than expected, and it may reassure monetary policymakers that they can stand pat for now, even though the labor market appears to be strengthening.

The war in the Middle East is not the only factor pushing prices up. The data center boom has created demand for the memory chips that go into nearly all consumer electronics, reversing a long slide in the cost of technology. And a persistent drought has thinned out production of some crops and livestock, especially beef.

The main factor keeping a lid on prices: consumers, who have by now spent their tax refunds and have lately seen smaller increases in their paychecks. Annual increases in average hourly earnings have now fallen behind inflation for two months in a row. If some categories are not accelerating, it could be because shoppers simply lack the ability to pay more. 

“Weakening of pricing power tells you something about how the seller was thinking about their final consumer, and that tells you a little bit about growth,” said Atsi Sheth, chief credit officer at Moody’s Ratings. “Despite the still relatively low unemployment, the household’s capacity to consume is eroding.”

CPI Report Live Updates: Inflation Jumps 4.2% as Iran War Intensifies Price Pressures - The New York Times