The Latest Breaking News from Middle East

Dollar Pressured by Strong Stocks and Easing Geopolitical Risks

The dollar index (DXY00 ) fell to a 7-week low today and is down by -0.10%. Easing geopolitical tensions in the Middle East are boosting stocks and reducing safe-haven demand for the dollar. Also, today's -6% plunge in WTI crude oil prices lowers inflation expectations and could prompt the Fed...

Barchart · Aug 3

Stocks Set to Open Higher as Oil Sinks on U.S.-Iran Deal Hopes, Jobs Data and Earnings Awaited

September S&P 500 E-Mini futures (ESU26) are up +0.57%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.47% this morning, pointing to a higher open on Wall Street as oil prices sank after U.S. President Donald Trump revived hopes for a deal to ease tensions in the Middle East.

Barchart · Aug 3

Global Market: European shares rise as easing Iran tensions lift sentiment; energy stocks slide

According to Reuters, investor sentiment improved after Trump signalled a preference for diplomacy over immediate military action against Iran. The development triggered a sharp decline in crude oil prices, with oil futures falling nearly 5.9% on expectations that tensions in the Middle East could ease and the Strait of Hormuz…

The Economic Times · Aug 3

Thailand to avoid Mideast war oil shock

Thailand will not face a crude oil shortage in August despite the ongoing war in the Middle East, as supply remains sufficient for all six domestic refineries, according to the Department of Energy Business (DOEB).

Bangkok Post · Aug 2

US came for our rare earths, will be back for more

A former ambassador to the US has touted Australia's mining resource advantages, saying they will attract more capital from the US and UK.

AAP · Aug 2

Trump Orders Pause On Planned Strikes. US Allies Float A Narrow Peace Passage To Iran

The US President announced that Israel has agreed to the latest proposal for peace, worked out by the American allies in the Middle East. Iran is yet to comment on Trump's reported statement.The development came a day after he hinted that the US president hinted that the US forces were…

International Business Times · Aug 2

America is exporting bewilderment to the rest of the world

President Donald Trump's foreign policy is reshaping global alliances as allies question US reliability and rivals exploit uncertainty. From the Middle East to Asia, Europe and Latin America, countries are recalibrating security and economic ties amid growing doubts over Washington's consistency and long-term commitments.

The Economic Times · Aug 2

US tells Americans to leave Middle East, warns Iran 'unpredictable' amid rising tensions

Americans in the Middle East are urged to exercise heightened vigilance and consider departing. The State Department cited potential for sudden escalation involving Iran and unpredictable actions. Flight cancellations and travel disruptions are possible due to the complex security environment. US diplomatic facilities and interests globally may face targeting by…

The Economic Times · Aug 2

Will Nifty, Sensex extend gains on Monday? 6 factors which will drive D-Street action this week

Indian stock market is expected to extend recent gains this week. The Reserve Bank of India's policy decision will significantly influence market direction. Geopolitical tensions in the Middle East and fluctuating oil prices remain key concerns. Foreign institutional investors are showing renewed interest in Indian equities. Corporate earnings announcements will…

The Economic Times · Aug 2

OPEC+ tipped to raise oil output as Middle East war disrupts supplies

OPEC+ members are expected to increase oil production quotas for September. This move follows several months of similar production adjustments by the group. Many members face production capacity declines, making target increases less meaningful. Gulf countries struggle with exports due to Strait of Hormuz disruptions. Russia's oil infrastructure has also…

The Economic Times · Aug 2