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The Latest Breaking News from Middle East

Trump Moves to Meet Iran Supreme Leader Mojtaba Khamenei While Netanyahu Tears up US Aid Agreement

Netanyahu aims to end US military aid as Trump seeks diplomacy with Iran, highlighting tensions in US-Israel relations amid ongoing Middle East conflicts.

International Business Times UK

Crude Oil Prices Gain on Middle East Peace Doubts

July WTI crude oil (CLN26 ) today is up +1.80 (+1.93%), and July RBOB gasoline (RBN26 ) is up +0.0155 (+0.49%). Crude oil prices are moving sharply higher today, posting a 1.5-week high as clashes between the US and Iran cast doubt on prospects for a peace deal that would...

Barchart

Wall St ends lower as Mideast tensions escalate

US stocks closed lower, dragged down by pessimism over prospects of a peace deal with Iran.

AAP

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Gulf expat reactions to Iran war show us how countries like UAE instil loyalty in western migrants

When the US and Israel launched their strikes on Iran on February 28 and Iran retaliated by targeting the Gulf Arab states, I was closely monitoring social media accounts from the region. I research Middle East politics, with a focus on the Gulf, and the social media platforms I use…

The Conversation

Trump says Iran agreed not to pursue nuclear weapon; Ayatollah giving approval in talks

US President Donald Trump stated Iran has agreed to halt its pursuit of nuclear weapons. He also revealed that Iran's supreme leader is participating in ongoing negotiations with the US. These discussions aim to prevent nuclear escalation and stabilize the Middle East. Trump expressed concern over regional tensions.

The Economic Times

OECD warns prolonged Middle East war could sharply slow global growth

The global economy faces uncertainty due to the Middle East conflict. The OECD warns of recession and rising inflation if the war continues into next year. A prolonged conflict could significantly slow global growth. Asian nations heavily reliant on Middle East energy supplies are expected to face the biggest impact.…

The Economic Times

Rupee could fall to 98/USD by July amid energy crisis, BofA Securities exec says

The Indian rupee faces a potential record low of 98 against the dollar by July due to the Middle East energy shock, impacting domestic assets. Despite authorities' protective measures and calls for a rate hike, BofA Securities anticipates gradual increases later in the year. Foreign investors have significantly withdrawn funds,…

The Economic Times

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Silver down Rs 700/kg, gold opens flat as Mideast tensions, rising oil prices dent sentiment. What should you do?

Gold and silver prices opened lower on the MCX on Wednesday as escalating Middle East tensions pushed crude oil prices higher, raising concerns that persistent inflation could delay interest rate cuts. In the previous session, both precious metals had ended with modest gains, with silver rising 0.13%.

The Economic Times

VietJet commits to new aircraft despite turbulence

Despite the ongoing Middle East war and unfavourable market conditions, VietJet Thailand remains committed to replacing its fleet with 50 new Boeing 737-8 planes over three years, while accelerating plans to phase out its existing Airbus jets to streamline costs.

Bangkok Post

Miners lift FTSE 100 while oil price heads lower

Events in the Middle East continue to dictate the mood in the markets.

Evening Standard

BW LPG Q1 Earnings Call Highlights

BW LPG (NYSE:BWLP) reported sharply higher first-quarter earnings and announced a major fleet renewal program, as management said geopolitical disruptions in the Middle East and shifting LPG trade flows have pushed very large gas carrier freight rates to historically elevated levels. Chief Executiv

MarketBeat

Bitcoin Investors Are 'Rage Quitting' as Long-Time Crypto Bulls Begin Offloading BTC Holdings

Bitcoin investors are dumping their holdings after major advocates like Mark Cuban sold most of their crypto stakes following their failure to perform amid the ongoing Middle East crisis.

International Business Times UK

Stock Index Futures Muted as Investors Parse Middle East Developments, U.S. JOLTS Report in Focus

June S&P 500 E-Mini futures (ESM26) are down -0.14%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.01% this morning, taking a breather after a recent rally, while investors assess the prospects for an end to the Middle East conflict.

Barchart

Pakistan orders early market closures as energy costs soar amid US-Iran conflict

Islamabad has mandated early business closures, with markets shutting by 8 pm and eateries by 10 pm, to combat rising energy costs fueled by Middle East conflicts. This austerity measure, effective June 1, 2026, aims to reduce electricity consumption and ease financial strain on Pakistan, a nation heavily reliant on…

The Times of India

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Bangkok Post

Calbee rolls out monochrome snack packaging amid ink supply worries

Major Japanese snack maker Calbee began selling its Kappa Ebisen shrimp crackers in black-and-white packaging this week in Tokyo, a move in response to uncertainty over supplies of oil-derived naphtha stemming from the Middle East conflict.

The Guardian - UK

Middle East crisis: Rubio says opening the strait of Hormuz is first condition in talks with Iran – as it happened

The US secretary of state added that Iran must also commit to specific negotiations on the disposition of highly-engaged uranium.

The Economic Times

RBI may have sold gold to save foreign reserves, BE report shows

The RBI may have sold about $12 billion worth of gold reserves in the two weeks through May 22 to protect its foreign-currency assets amid capital outflows and rising oil prices, according to Bloomberg Economics. The move suggests policymakers are prioritising liquid forex reserves as Middle East tensions pressure the…

The Times of India

An alternative to the Strait of Hormuz? Why Iran is eyeing Yemen's Bab al-Mandab

Escalating Middle East tensions are now focusing on the Bab al-Mandab Strait, a crucial global shipping lane. Iran, via its Yemeni allies, may use this chokepoint to pressure adversaries, potentially disrupting vital oil and goods transit. This raises fears of wider conflict impacting international trade routes and energy markets.

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AAP

Australian shares pare losses as mining stocks bounce

The ASX has edged lower for a second session as concerns about Australia's economic growth and the ongoing Persian Gulf conflict unnerve investors.

MarketBeat

Marriott International Says Travel Demand Stays Strong Despite Middle East RevPAR Drag

Marriott International (NASDAQ:MAR) Chief Financial Officer Jen Mason said travel demand remains broadly healthy, with leisure and group travel showing strength, while the Middle East remains the company’s primary near-term headwind. Speaking at a Morgan Stanley investor conference, Mason, who rece

The Economic Times

Dollar steady as traders await progress on Middle East peace talks

The US dollar held steady as global markets adopted a cautious stance. Investors are closely watching Middle East peace talks and upcoming economic data. Any progress towards de-escalation in the region could impact the dollar's safe-haven status. Traders are also anticipating key speeches and reports that may influence central bank…

AAP

Stocks bounce as AI optimism offsets Mideast anxiety

AI optimism and strong tech forecasts have driven a global stock rally, while oil has slipped on new hopes of a US-Iran deal after comments by Donald Trump.

The Guardian - AU

About 3 million workers on minimum wage to receive 4.75% pay rise in Fair Work Commission ruling

Unions had demanded 6% pay increase for lowest paid after war in Middle East pushed inflation higher

The Economic Times

Why is gold price down today, and will precious metals continue to drop or rise again? Gold falls as inflation concerns grow amid Middle East conflict

Why is gold price down today, and will precious metals continue to drop or rise again? Gold prices declined after rising inflation concerns linked to the Middle East conflict increased expectations that interest rates could remain higher for longer. A stronger U.S. dollar also weighed on bullion prices. Investors are…

The Economic Times

Why are oil prices up today and will Brent and US WTI crude futures continue to drop or rise again? Oil prices surge as Iran talks stall and supply concerns return

Why are oil prices up today and will Brent and US WTI crude futures continue to drop or rise again? Oil prices moved higher after Iran suspended negotiations with the United States and concerns returned over crude supplies through the Strait of Hormuz. Brent crude and US WTI futures gained…

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