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The Latest Breaking News from Middle East

India becomes BlaBlaCar's largest market as fuel price surge boosts carpooling

Rising fuel prices triggered by the Middle East war are driving a sharp increase in carpooling, with a ride-sharing platform reporting a surge in new users seeking cheaper ways to travel. This trend has been more pronounced in countries where fuel price increases driven by the war have been sudden…

The Economic Times

Trump's National Security Meet On Iran Provides No Clarity On 'Final Determination'

There has been no announcement on a decision whether to approve a deal, or to pause the conflict in the Middle East, which has dragged on for three months now.

International Business Times

Gulf's other war: Inside UAE's hidden role behind strikes on Iran despite ceasefire — Report

The UAE's involvement in the Middle East conflict was deeper than previously known, with coordinated strikes on Iran, including energy facilities, even after an April ceasefire. These actions exposed divisions within the Gulf, as Saudi Arabia expressed concerns about escalating risks to regional energy supplies and global markets.

The Times of India

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Dell Earnings Drive Tech Stocks Higher: Stock Market Today

Hope for peace in the Middle East and a well-received earnings report from Dell Technologies gave bulls the upper hand on Friday.

Kiplinger

Retailers under attack from weak demand, rising costs

Australia's retail sector faces a pincer attack as the war in the Middle East increases costs and pushes consumers to the brink.

AAP

Stocks Supported by Middle East Peace Hopes and AI Spending

The S&P 500 Index ($SPX ) (SPY ) today is up +0.21%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.65%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.25%. June E-mini S&P futures (ESM26 ) are up +0.20%, and June E-mini Nasdaq futures...

Barchart

TotalEnergies faces pressure at AGM over war gains and fossil fuel plans

Environmental groups are stepping up pressure on TotalEnergies ahead of its annual shareholder meeting in Paris on Friday, accusing the French oil and gas giant of profiting from the conflict in the Middle East while continuing to expand fossil fuel production despite France's climate commitments.

Radio France Internationale

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Vance optimistic as US-Iran deal awaits Trump green light

WASHINGTON - US Vice President JD Vance said Washington and Tehran are close to agreeing a deal to extend their ceasefire in the Middle East war, but the potential breakthrough still hangs on President Donald Trump’s approval.

Bangkok Post

Thailand posts record-high current account deficit in April as economy slows

Thailand posted a record-high current account deficit of $7.6 billion in April, with economic growth ‌slowing from the previous month from the impacts of the Middle East war and expected to get weaker, the Bank of Thailand said on Friday.

Bangkok Post

Silver drops Rs 1,500/kg, gold at Rs 1.56 lakh/10 gms as Iran war tensions weigh. Key levels to watch

Gold and silver prices on the MCX opened slightly lower on Friday, with silver July futures falling 0.5% to Rs 2,68,018 per kg and gold June futures slipping marginally to Rs 1,56,316 per 10 grams. The decline came as investors balanced geopolitical uncertainty in the Middle East against hopes of…

The Economic Times

Snowflake Keeps the Tech Stock Rally Alive: Stock Market Today

Inflation data and a potential breakthrough in the Middle East were also in focus on Thursday.

Kiplinger

Why are oil prices down today, and will Brent and US WTI crude futures continue to drop or rise again? Ceasefire report and US stockpile data impact crude market

Why are oil prices down today, and will Brent and US WTI crude futures continue to drop or rise again? Oil prices moved lower after reports claimed the United States and Iran reached a ceasefire extension agreement. Brent crude and US WTI crude futures also reacted to lower-than-expected US crude…

The Economic Times

It’s not just high gas prices – inflation is now spreading through the US economy

Americans don’t need a press release to know that inflation is rising. Gasoline is above $4 per gallon amid the ongoing conflict in the Middle East and closure of the Strait of Hormuz, and the release of key price data on May 28, 2026, underscores why policymakers are worried these…

The Conversation

Stocks Slip Before the Open as U.S.-Iran Flare-Up Lifts Oil and Bond Yields, PCE Inflation Data in Focus

June S&P 500 E-Mini futures (ESM26) are down -0.26%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.54% this morning, pointing to a lower open on Wall Street as oil prices and bond yields rose after fresh attacks in the Middle East cast doubt on whether an end to…

Barchart

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The Economic Times

ECB chief economist sees persistent impact on inflation from Iran war

Iran war impact: The European Central Bank's chief economist Philip Lane warns of lasting inflation from the Middle East conflict's energy shock. Even if the war ends quickly, energy costs may remain high. This could lead to further interest rate hikes by the ECB. Central banks must carefully manage monetary…

Bangkok Post

Mercedes-Benz sees record year for BEVs

Mercedes-Benz (Thailand) expects demand for battery electric vehicles (BEVs) to continue rising as global energy prices climb and geopolitical tensions in the Middle East create uncertainty.

Bangkok Post

Markets bullish despite flare-up in Middle East

Even though an Iran peace deal appears elusive amid new US strikes, stock sentiment remains convinced the conflict is winding down, which could push up the Thai bourse to 1,600 points by the end of the year, say analysts.

The Economic Times

Why are gold and silver prices down sharply today and will precious metals continue to fall or rise again? Gold hits two-month low as inflation fears rise

Why are gold and silver prices down sharply today and will precious metals continue to fall or rise again? Gold prices dropped to a two-month low after investors reacted to inflation concerns, rising oil prices, and expectations of interest rate hikes by the US Federal Reserve. Silver prices also declined…

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AAP

Wall Street posts record closing highs, AI rally pauses

The Dow, S&P 500 and Nasdaq have notched record closing highs as healthcare and consumer stocks rose and investors kept a close eye on US-Iran peace talks.

MarketBeat

Abercrombie & Fitch Q1 Earnings Call Highlights

Abercrombie & Fitch (NYSE:ANF) reported record first-quarter fiscal 2026 net sales and maintained its full-year outlook, even as geopolitical pressure in the Middle East and parts of Europe weighed on results in the EMEA region. Chief Executive Officer Fran Horowitz said the company delivered i

The Economic Times

Insurance sector may face impact if West Asia crisis prolongs: LIC chief Doraiswamy

The insurance sector may face moderation if the Middle East crisis persists, potentially reducing people's income and impacting spending and saving patterns, according to LIC CEO R Doraiswamy. He also stated that LIC is prepared for further stake dilution by the Centre, awaiting the right market conditions. LIC recently reported…

The Guardian - UK

Middle East crisis: Rubio says ‘some progress’ on US-Iran deal after Trump says ‘maybe we’ll just have to finish the job’ – as it happened

Trump and secretary of state give conflicting messages about the status of deal with Iran as US president meets with his cabinet

The Conversation

Trump can’t sell the Abraham Accords on a Middle East that has lost trust in the US

As the US and Iran try to come to terms on a peace deal to end their months-long war, US President Donald Trump this week has introduced a new demand – that other countries in the Middle East sign on to his Abraham Accords, normalising relations with Israel.

The Economic Times

Oil price hits $100 as Brent Crude rises over 4 per cent. Will rate go further up?

US and Iran have been working on an agreement to end the Middle East war and reopen the crucial waterway to tanker and cargo traffic since a fragile ceasefire on April 8.

MarketBeat

Freightos Q1 Earnings Call Highlights

Freightos (NASDAQ:CRGO) reported a softer-than-expected first quarter as disruptions in Middle East trade corridors weighed on transaction activity, even as the company said it continued to expand its carrier network and build its solutions pipeline. Chief Executive Pablo Pinillos, who stepped into

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