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The Latest Breaking News from Middle East

Spain tourism revenue rises as visitors spend more

Tourism revenue rose in Spain in the second quarter of 2026, with the country benefiting from its reputation as a safe destination as Middle East tensions persisted and an increase in spending per person, tourism industry group Exceltur said on Tuesday. Spain benefited from a reorientation of tourist flows linked…

The Economic Times

US stocks today: S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings

U.S. stocks ended higher as softer June inflation data and strong bank earnings lifted sentiment despite escalating Middle East tensions. Nasdaq outperformed on chip gains, while JPMorgan and Goldman Sachs advanced on robust results. IBM fell on weak revenue guidance, and markets scaled back expectations of a near-term Federal Reserve…

The Economic Times

'Will replace 20% Hormuz fee with ... ': Trump says strait open for all but Iran

US president Donald Trump on Tuesday said the United States would not proceed with its proposed 20 per cent toll on cargo transiting the Strait of Hormuz. He announced that instead that Middle Eastern countries would enter into trade and investment agreements with the United States.

The Times of India

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Oil is up after Strait of Hormuz closed again – so why hasn’t the stock market cratered this time?

Prolonged conflict in the Middle East will likely see markets impacted but investors are being cautious for now

The Independent UK

German yields hit 2-year high as Middle East conflict stokes inflation fears

German two-year bond yields reached their highest point since July 2024. This rise occurred as Middle East conflict fears boosted inflation and interest rate expectations. Money markets now anticipate the European Central Bank raising its deposit rate significantly. Oil prices also climbed due to renewed U.S. naval blockades of Iran.…

The Economic Times

Oil, gas and UK government borrowing costs prices jump as Middle East tensions ratchet higher – as it happened

Oil prices hit four-week highs and European shares fall after fresh US-Iran attacks and blockade on Iranian shipping

The Guardian - UK

Dubai and Middle East flights disruption: US-Iran tensions keep airlines cautious as services gradually resume

Dubai flights disruption: Middle East airspace is largely open, but airlines review operations due to renewed US-Iran tensions. Unresolved disagreements over the Strait of Hormuz MoU cause continued uncertainty for travel. Several international carriers have restarted some Middle East services after security conditions improved. However, many airlines continue to suspend…

The Economic Times

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Global Market: Chinese stocks hit three-month lows as growth worries, Middle East tensions weigh

Chinese and Hong Kong stocks fell to three-month lows on Tuesday. Investors grew cautious ahead of key economic data and Middle East tensions. China's second-quarter GDP figures are expected to show slower economic expansion. A large initial public offering is also draining market liquidity. Energy shares outperformed as oil prices…

The Economic Times

US Fifth Fleet targeted in Bahrain, says Iran, in latest exchange of strikes – as it happened

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The Guardian - AU

Dollar steady before US inflation data, yen under pressure

The dollar remained steady as traders awaited United States inflation data. Middle East tensions caused oil prices to increase significantly on Monday. The Japanese yen held a soft tone due to intervention concerns and policy comments. Federal Reserve officials indicated potential rate hikes if inflation persists above target. Investors are…

The Economic Times

Middle East live: Trump backs down on Hormuz levy in favour of Gulf investment deals

President Donald Trump on Tuesday announced a reversal of his plan to charge a 20% toll on cargo passing through the Strait of Hormuz, saying he would instead seek investment deals with Gulf states. The announcement came hours after the US launched strikes targeting Iran, and Tehran retaliated by attacking…

France 24

FACT FOCUS: A look at US and Iranian claims of control over the Strait of Hormuz

A focal point of the Iran war is increasingly about who controls the Strait of Hormuz — a waterway that for decades was a relatively safe transit route for Middle East oil and natural gas supplies

The Independent UK

FTSE 100 flat as oil price rises amid Middle East tensions

The FTSE 100 closed up 1.00 point at 10,498.29.

Evening Standard

'I Can't Die Now:' Lindsey Graham's Haunting Final Words To Trump Revealed After Sudden Death

Senator Lindsey Graham reportedly told Donald Trump 'I can't die now' during a final call about Russia sanctions and Middle East diplomacy, hours before his sudden death.

International Business Times UK

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The Economic Times

Dubai housing market stays resilient amid Middle East tensions; H1 residential deals touch AED 226 billion: ANAROCK

Dubai’s residential real estate market showed resilience despite Middle East geopolitical tensions, with housing transactions worth AED 225.7 billion recorded in H1 2026, according to an ANAROCK report. While the Iran conflict triggered a short-term sentiment-driven correction, strong fundamentals, population growth, foreign investor demand and supportive government policies are expected…

The Economic Times

Global Market: Japan's Nikkei closes lower as oil price jump dims corporate outlook

Japan's Nikkei share average closed lower as oil prices rose due to renewed Middle East conflict. Investors weighed the corporate outlook amid increasing costs and the start of earnings season. Chip-related stocks dragged the Nikkei lower, influenced by South Korea's benchmark index. Memory maker Kioxia tanked significantly after a high-profile…

The Economic Times

AI, Iran war risks weigh on Indian IT firms’ earnings outlook

Indian IT companies like HCL Technologies and Wipro are reporting earnings amid AI concerns. Macroeconomic uncertainty and Middle East conflict add pressure to the sector. Taiwan Semiconductor Manufacturing Company's results will offer a key reality check for the AI boom. Tech Mahindra expects margin expansion from cost-cutting and a large…

The Economic Times

Rupee hits one-month low as renewed Mideast conflict lifts oil prices

The Indian rupee reached its weakest point in over a month on Monday. Renewed Middle East hostilities and Iran's Strait of Hormuz claim sent oil prices surging. State-run banks offered dollars, likely on behalf of the Reserve Bank of India. Markets had anticipated less severe escalation, but this risk is…

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The Economic Times

Why is market falling today? Sensex plunges 700 points, Nifty tests 24,000. 6 key factors behind the selloff

Indian stock indices Sensex and Nifty experienced significant declines on Monday. Rising oil prices and Middle East tensions dampened investor sentiment across the market. Broader market indices also slipped into the red, reflecting widespread losses. Several major companies saw their share prices drop considerably during trading. The overall market breadth…

The Economic Times

US and Iran vie for Strait of Hormuz, waterway key to global energy supplies, in latest attacks

The United States and Iran both claim control over the Strait of Hormuz. Escalating attacks across the Middle East threaten ongoing diplomacy to end the war. US forces struck dozens of Iranian sites, including air defense systems and radar. Iran rejected the US statement, asserting its territorial claim over the…

Bangkok Post

US-Iran strikes: latest developments

DUBAI - Iran announced it was again closing the Strait of Hormuz on Sunday and hit Gulf neighbours in retaliation for US strikes, further undermining efforts to salvage Middle East peace efforts.

International Business Times

Middle East Tensions Flare Up As IRGC Shuts Strait Of Hormuz: US, Iran Trade Strikes And Peace Hopes Recede

The US forces launched another wave of attacks on Iran near the contentious Strait of Hormuz on Saturday. The US strikes followed a missile attack on a commercial cargo ship by the Islamic Revolutionary Guard Corps (IRGC), the elite military unit of Iran.

The Economic Times

US-Iran strikes: Latest developments on Gulf attacks, Hormuz closure

Iran announced it was again closing the Strait of Hormuz on Sunday and hit Gulf neighbours in retaliation for US strikes, further undermining efforts to salvage Middle East peace efforts. US strikes 140 targets CENTCOM said Saturday the US military had hit "approximately" 140 targets in Iran in retaliation for…

International Business Times

Trump's Loaded Threats, Iran Leader's Revenge Call: Will Middle East Talks Get Back On Track

Uncertainty loomed over the talks between the US and Iran over finding a peaceful solution to the Middle East conflict, with warring parties coming out with confusing claims .The US has demanded that Iran should publicly acknowledge that the Strait of Hormuz is open and pledgto stop firing on commercial…

The Times of India

China halts helium exports as Iran war threatens global chip supply

China has imposed a temporary ban on helium exports effective immediately, as resumption of military conflict in the Middle East threatens to trigger new shortages of the gas critical for chip manufacturing, the Ministry of Commerce and General Administration of Customs announced.

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