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The Latest Breaking News from Middle East

Xi welcomes Putin in Beijing, hails China’s ‘unyielding’ ties with Russia

Chinese President Xi Jinping on Wednesday welcomed Russian President Vladimir Putin in Beijing at the start of a visit focused on energy security. While Xi hailed his country's "unyielding" ties with Russia, Putin praised the "unprecedentedly high level" of bilateral cooperation despite "unfavourable external factors", without naming any third country.

France 24

India prepares to send oil tankers through Hormuz for new supply

India is preparing to resume sending ships through the Strait of Hormuz to pick up oil and energy cargoes from Middle East suppliers for the first time since the Iran conflict began. State-run Shipping Corporation of India is ready to restart operations in the Persian Gulf once it receives approval…

The Economic Times

Oil Price Today (May 20): Crude oil dips for second day as Trump says Iran war could end ‘very quickly’. Is the worst behind?

Oil prices dipped for a second day as President Trump suggested a swift end to the Iran conflict. However, market caution persists due to ongoing peace negotiation uncertainties and Middle East supply disruptions. Experts warn prices will remain elevated due to potential renewed strikes and slow supply recovery.

The Economic Times

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Oil prices ease after Trump says US will end Iran war 'very quickly'

Oil prices dipped as President Trump suggested a swift end to the Iran conflict, yet market jitters persist. Peace talks face uncertainty, with supply disruptions in the Middle East continuing. Analysts warn of sustained high prices due to potential renewed attacks and slow supply recovery, even if a deal is…

The Economic Times

SSO backs telemedicine

The Social Security Office (SSO) is giving financial support to telemedicine services for patients with 26 chronic illnesses, which would reduce travel costs during the ongoing fuel price crisis linked to conflict in the Middle East.

Bangkok Post

UN lowers forecast for global economic growth in 2026

The UN has cut its forecast for global economic growth, saying the Middle East crisis has reignited inflationary pressures and ‌heightened uncertainty.

AAP

US:UN lowers forecast for global economic growth in 2026

The UN has cut its forecast for global economic growth, saying the Middle East crisis has reignited inflationary pressures and ‌heightened uncertainty.

AAP

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UN lowers forecast for global economic growth in 2026 over Mideast energy crisis

The United Nations has lowered its forecast for global economic growth and raised the prospects for inflation in response to Middle East crises and rising oil prices

The Independent UK

DR Congo's latest Ebola outbreak tough to tackle

In tonight's edition: The World Health Organization is warning that it's unlikely the Ebola outbreak will be over in the next two months. Also, a Kenyan transport strike triggered by rising fuel prices due to the Middle East war is paused after causing four deaths and major economic disruption. Plus…

France 24

Why are oil prices down today and will Brent, US WTI crude futures continue to drop or rise again? Oil settles lower after Iran talks progress

Why are oil prices down today and will Brent, US WTI crude futures continue to drop or rise again? Oil prices fell after the United States said talks with Iran showed progress and military action was paused. Brent and WTI futures dropped after recent highs. Supply risks in the Middle…

The Economic Times

Bharat Petroleum reviewing oil imports daily, spot buying more amid Iran war, chairman says

India's Bharat Petroleum is increasing spot crude purchases due to Middle East supply disruptions from the U.S.-Iran conflict, impacting its import strategy. The state-run refiner is running at 115% capacity, with Russian oil discounts narrowing significantly. Despite recent price hikes, BPCL continues to face losses on diesel and petrol sales.

The Economic Times

Yield on US long-term bond hits highest level since 2007

The yield on the 30-year US Treasury bond touched its highest level since 2007 on Tuesday, a sign of rising worries over inflation amid the Middle East war. Rising bond yields are also becoming a greater concern in Europe.

The Economic Times

G7 finance ministers vow cooperation to face 'heightened risks'

Global economic leaders met in Paris to tackle instability caused by the Middle East war. They pledged cooperation to manage challenges like energy and food supply disruptions. Discussions also covered tariffs and Russia. The G7 aims for coordinated responses to global economic risks. Leaders will meet again in Evian to…

The Economic Times

NYSE Content Update: Armada Raises $230 Million, Boosts Valuation to $2 Billion

NEW YORK, May 19, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on May 19thThe stock market's recent run pauses as…

AAP

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The Economic Times

Iran army warns will 'open new fronts' against US if attacks resume

Iran's army has issued a stern warning to the United States. It states new fronts will be opened if attacks resume. This comes as both nations engage in negotiations to end the Middle East war. President Trump has indicated a potential large-scale assault if a deal is not reached.

Barchart

Stock Index Futures Slip as Tech Selloff Continues, Iran in Focus

June S&P 500 E-Mini futures (ESM26) are down -0.38%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.65% this morning, pressured by a retreat in technology stocks, while investors await signs of progress toward a peace deal in the Middle East.

The Economic Times

JP Morgan warns of FY27 earnings risk, says Nifty can fall to 20,500 in bear case

JP Morgan has cautioned that India’s FY27 earnings face significant risks from an extended energy and logistics shock linked to the Middle East conflict. The brokerage warned that the Nifty50 could slip to 20,500 in a bear case, even as it maintains a 27,000 base-case target amid fragile macro signals.

MarketBeat

SSP Group H1 Earnings Call Highlights

SSP Group (LON:SSPG) reported higher first-half revenue and a return to positive earnings per share, as management said its Focus '26 plan is beginning to support profitability, cash generation and returns despite pressure from disruption in the Middle East. Group CEO Patrick Coveney said SSP deliv

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The Economic Times

G7 finance ministers explore responses to Iran war fallout

Global finance leaders met in Paris to address economic fallout from the Middle East conflict. France's finance minister called for increased aid for vulnerable nations. Discussions also covered diversifying critical mineral supplies and maintaining pressure on Russia. G7 nations aim to build new partnerships amid global tensions and trade system…

The Economic Times

IOC shares jump 3% after Q4 net profit rises 78% YoY. Here's what Motilal Oswal says

IOC shares saw an uptick on Tuesday after the company reported a 78% YoY jump in Q4 FY26 net profit to Rs 14,458 crore. Revenue grew 7% to Rs 2.37 lakh crore. Motilal Oswal maintained a ‘Neutral’ stance, noting strong EBITDA beat, improved margins, debt reduction, and resilience despite Middle…

The Economic Times

Middle East tourism pain is Europe's gain

Europeans are choosing to vacation closer to home as the war in the Middle East has amplified security concerns and made long-haul flights more expensive. "Many European travellers who are hesitant to travel to the Middle East, in the eastern Mediterranean (Turkey, Greece or Egypt) or destinations even closer to…

France 24

Trump says US may hit Iran again, claims Tehran wants deal

US President Donald Trump said that the United States may need to attack Iran again and claimed that he had been only an hour away from deciding ‌on a fresh strike before he allegedly postponed the attack. Thousands of people have been killed in Iran, Lebanon and the wider Middle…

International Business Times UK

Iran Tightens Grip on Strait of Hormuz With New Maritime Authority as Donald Trump Warns the Clock Is Ticking

Middle East tensions are rising as Trump renewed threats toward Iran while Tehran tightened control over the Strait of Hormuz amid uncertain peace talks.

The Economic Times

UN labour agency says Middle East war threatens millions of jobs

The Middle East war is impacting jobs and pay worldwide. Millions of jobs could be lost, and real wages may fall in 2026 and 2027. Migrant workers face significant risks. Higher energy costs and disrupted supply chains are key factors. The International Labour Organization warns this conflict is a long-lasting…

The Economic Times

India can ride out disruption after Russian oil waiver lapses

India's oil refiners are prepared for changes in Russian crude supply. Weaker domestic demand and available oil from the US and Middle East offer alternatives. China's reduced market presence also helps maintain supply. Maintenance at major refiners has increased Russian crude in storage. This provides Indian refiners with more options…

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