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The Latest Breaking News from Middle East

Middle East crisis: UN security council to vote on granting membership to Palestine – as it happened

UN due to vote on Thursday on bid for full membership by Palestine in move the US is expected to block

The Guardian - AU

Dubai Roads, Airport Reel From Floods After Record Rains

Dubai's giant highways were clogged by flooding and its major airport was in chaos as the Middle East financial centre remained gridlocked on Wednesday, a day after the heaviest rains on record.

International Business Times

Escalating Tensions In Middle East As Iran Launches Missiles

Tensions escalate post-U.S. Afghanistan exit as Iran-Israel conflict intensifies. Biden's leadership under scrutiny.

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Middle East crisis: Israel will ‘make its own decision’ on Iran after UK and Germany call for restraint – as it happened

Benjamin Netanyahu’s comments came after UK foreign minister David Cameron and his German counterpart travelled to Israel for talks

The Guardian - AU

Stocks Swing After Latest Selloff As Fed, Middle East Dampen Sentiment

Asian markets fluctuated Wednesday as Federal Reserve boss Jerome Powell's indication that interest rates could stay higher for longer offset a rebound following the latest bout of Middle East-fuelled selling.

International Business Times

Middle East conflict risks sharp rise in oil prices, says IMF

In the UK, anxiety over the crisis after Iran’s missile strike on Israel drives down UK shares

The Guardian - UK

Putin And Raisi Discuss Middle East Tensions

Russian President Putin and Iranian President Raisi discuss escalating tensions in the Middle East, emphasizing the need for restraint and avoiding further...

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OPINION - The warning lights are flashing red — Britain must prepare its defences for worldwide chaos

While the world awaits the next twist in the Middle East conflict, there are some hard lessons from what happened across Israeli skies at the weekend — especially for Nato’s European partners — Britain included.

Evening Standard

German Foreign Minister Baerbock To Visit Israel Amid Conflict

German Foreign Minister Baerbock visits Israel to ease tensions amid Iran strikes, emphasizing collaboration for peace in the Middle East.

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Mideast-related Oil Price Spike Threatens 'Relatively Good' Economic Outlook: IMF Chief Economist

The recent oil price spike fueled by rising Middle East tensions has the potential to derail the IMF's "relatively good" outlook for the world economy, its chief economist told AFP. "We are projecting a global economy that is quite resilient for 2024," Pierre-Olivier Gourinchas said in an interview ahead of…

International Business Times

Middle East On Edge After Israel Vows 'Response' To Iran Strikes

Israel and Iran traded threats after Tehran's first ever direct attack on its arch foe sharply heightened Middle East tensions and as the Gaza war ground on with no truce in sight.

International Business Times

Pentagon Chief Emphasizes Middle East Stability In Talks

Pentagon chief engages with key Middle East counterparts to promote stability and peace through diplomatic efforts.

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'Bad For Business': Gulf States Scramble To Avert Wider War

Gulf states are grappling with the widening Middle East conflict as hostilities between Iran and Israel threaten their security and ambitious plans to reshape their economies.

International Business Times

Middle East crisis: Israel says Iran won’t get off ‘scot-free’ after missile attack – as it happened

‘We will respond in our time,’ IDF spokesperson Daniel Hagari tells reporters after Tehran’s attack over the weekend

The Guardian - US

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US And China Officials Discuss Middle East, Taiwan, South China Sea

US-China officials engage in crucial discussions on Middle East, Taiwan, and South China Sea, highlighting the importance of dialogue for managing global c...

International Business Times

Lufthansa Reports Loss, Cuts Outlook After Strikes

German airline giant Lufthansa reported a hefty first-quarter loss Monday and downgraded its 2024 outlook due to recent strikes, while warning of risks from conflict in the Middle East.

Barchart

Stocks Set to Open Higher as Iran-Israel Tensions Ease, Earnings and Fed Speak in Focus

June S&P 500 E-Mini futures (ESM24) are up +0.44%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.52% this morning as market participants wagered that tensions in the Middle East won’t escalate following Iran’s unprecedented attack on Israel over the weekend, with the focus shifting to Wall Street’s earnings…

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China Expresses Concern Over Middle East Tensions After Iran Attack

China expresses concern over Middle East tensions post Iran's attack on Israel, highlighting challenges in influencing Iran's actions.

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The Guardian - UK

Oil price falls despite Middle East tensions; Tesla ‘to cut 10% of staff’; Goldman Sachs profits jump – as it happened

Brent crude dips to $90 per barrel as markets monitor Israel-Iran, while 14,000 jobs could be cut at Tesla

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Iran Attack On Israel Adds To Middle East Airline Troubles

Learn how tensions in the Middle East impact airline industry safety and operations amidst Iran-Israel conflict.

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Malaysia And Indonesia Call For Restraint Amid Middle East Tensions

Malaysia and Indonesia call for restraint and support Palestinian rights following Iran's strikes on Israel.

International Business Times

Stocks Hit By Iran's Israel Strike, Hopes For Containment Stem Losses

Equities tumbled Monday in Asia after Iran ramped up Middle East tensions by launching a barrage of rockets at Israel over the weekend, fuelling fears of a wider conflict in the volatile region.

The Guardian - AU

France joins western allies in calling for Israel to avoid escalation after Iran attack – as it happened

Emmanuel Macron says Iran should face international isolation and reasserts his country’s support for Israel

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Japanese PM Condemns Iran's Attack On Israel

Japanese PM Kishida condemns Iran's attack on Israel, emphasizing Japan's commitment to peace in the Middle East.

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Venezuela Concerned About Events In Middle East

Venezuela and Iran express concern over Middle East tensions, supporting Palestinian rights and calling for international intervention.

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