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The Latest Breaking News from Middle East

Middle East conflict sparked major supply shock, says Bank of England boss

Andrew Bailey made his comments as the UK was given a gloomy economic outlook by the International Monetary Fund.

Evening Standard

Stocks rise, oil falls, on fresh Middle East hope

The FTSE 100 closed up 26.10 points, 0.3%, at 10,609.06.

Evening Standard

Chancellor slams Trump’s Iran war ‘folly’ as threat of recession looms

Rachel Reeves says she is ‘very frustrated and angry’ at America’s actions in the Middle East

The Independent UK

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Stock Index Futures Gain on Hopes for Renewed U.S.-Iran Talks, PPI Data and More Big Bank Earnings on Tap

June S&P 500 E-Mini futures (ESM26) are up +0.19%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.39% this morning as risk appetite improved and oil prices fell following reports that the U.S. and Iran were weighing another round of peace talks.

Barchart

FTSE 100 Live 14 April: Index higher as oil stays near $100, Imperial falls

Stock markets have rallied amid renewed optimism over a Middle East peace deal.

Evening Standard

Qantas raises fares and cuts domestic flights as travel patterns shift due to Middle East turmoil

Australian airline is benefiting from demand for flights that transit through Asia – but says its jet fuel bill is rising sharply

The Guardian - AU

Middle East crisis live: Trump says Iran negotiations could resume in ‘next two days’; US talks between Lebanon and Israel end

US president says the country is ‘inclined’ to go to Pakistan for more talks; Israel and Lebanon held direct negotiations in Washington for the first time since 1990s

The Guardian - AU

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South Korean airlines make changes to Thai flights

Jet fuel hikes have forced South Korean budget airlines to adjust or in some cases suspend flights to Thai destinations as the Middle East war continues.

Bangkok Post

Retail sales ‘tepid’ as Middle East conflict raises consumer caution

Total retail sales increased by 3.6% year on year in March, driven up by the early Easter boosting an increase in food sales to 6.8%.

Evening Standard

The real reason behind increase in retail sales last month as shoppers remain ‘tepid’ amid Iran war

Essential spending returned to growth – up 0.5% – for the first time since July

The Independent UK

Over 1M Americans 'At Risk' in Middle East War Zone as DOGE Cuts Leave State Department Unable to Help

Fired foreign service officers say the State Department rejected their offers to help evacuate Americans from the Iran war zone.

International Business Times UK

Israel summons Italy's ambassador over comments on 'unacceptable attacks' on Lebanon

Lebanon was pulled into the Middle East war when Iran-backed group Hezbollah fired rockets at Israel on 2 March, days after the opening salvo of US-Israeli strikes killed Iran's supreme leader Ali Khamenei.

Euronews

Iran war has some US water utilities facing a fluoride shortage

Some U.S. water utilities are reporting that the Middle East war is disrupting their ability to maintain recommended fluoride levels in the drinking water

The Independent UK

Stocks Set to Open Lower as Oil Prices Top $100 After U.S.-Iran Talks Collapse, Big Bank Earnings Awaited

June S&P 500 E-Mini futures (ESM26) are down -0.62%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.64% this morning, pointing to a lower open on Wall Street as oil prices jumped back above $100 a barrel after President Trump ordered a blockade of the Strait of Hormuz following…

Barchart

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The Guardian - UK

Tory ex-chancellor Jeremy Hunt proposes ‘social tariff’ to help less well-off with energy bills

Resolution Foundation backs plan to offset rising costs from Iran war likely to leave households £480 poorer

Evening Standard

Heathrow sees 10% jump in transfer passengers because of Middle East war

The west London airport said it ‘temporarily absorbed demand from elsewhere’.

Evening Standard

FTSE 100 Live 13 April: Airline stocks slump as oil price tops $100, index weakens

Stock markets have fallen after oil prices returned above $100 a barrel in response to the failure of US-Iran peace talks.

The Guardian - AU

Cost of living drives Australian shoppers to ‘pantry loading’, as ‘you can do so much with beans’

Fears the Middle East conflict could lead to higher food prices – and even shortages – put long-life pantry staples back on the menu

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International Business Times UK

Your Gas Tank vs. Their Nuclear Bomb: How the Failed US-Iran Deal Just Triggered a Global Economic Meltdown

The U.S.–Iran nuclear talks in Pakistan have collapsed after 21 hours, leaving the Strait of Hormuz and a fragile Middle East ceasefire hanging in the balance.

The Times of India

China eyes strategic gains across Asia as US remains tied down in Gulf crisis

The Middle East conflict creates strategic space for China's influence expansion in Asia as US attention diverts. Historical patterns show China increasing activity in the South China Sea and near Taiwan during US focus on other global crises. These calibrated actions, below escalation thresholds, alter the regional strategic environment.

Radio France Internationale

Iran-US talks fail to reach deal in Islamabad on ending Middle East war

Iran and the United States failed to reach an agreement to end the war in the Middle East, US Vice President JD Vance said Sunday after marathon talks in Islamabad, adding that he was leaving after giving Tehran the "final and best offer".

Radio France Internationale

Macron presses for Middle East de-escalation as Iran–US talks begin

Emmanuel Macron is stepping up France's diplomatic push with Gulf and regional partners, as Iran–US talks got underway in Islamabad, amid hopes of a de-escalation of tensions in the Middle East.

International Business Times UK

Pope Leo XIV Claims Jesus 'Is Not On Your Side' In Scathing Donald Trump Warning

Pope Leo XIV issues a warning about Donald Trump and the Middle East conflict, questioning the morality of military actions amid a shaky ceasefire with Iran.

International Business Times

South Korea to Start High Oil Price Relief Payments April 27: Up to 600,000 Won for Bottom 70% of Citizens

The South Korean government will begin distributing "high oil price damage support funds" as early as April 27 to cushion households from surging energy costs triggered by prolonged instability in the Middle East, with vulnerable groups receiving priority payments of up to 600,000 won ($440) per person.

The Times of India

'Waiting for you': Trump says empty tankers heading to US, flaunts oil, gas reserves amid Iran talks

President Donald Trump highlighted America's vast oil and gas reserves, asserting they surpass the combined output of the next two leading nations, boasting superior quality. Meanwhile, delegations from the US and Iran, including key diplomats and envoys, arrived in Islamabad for crucial peace talks concerning the Middle East conflict.

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