The Latest Breaking News from Middle East

Oil passes $100 a barrel again and shares slide as Middle East conflict escalates

Sharp rise in oil price reflects fears Houthi militias could strangle Saudi exports as US-Iran fighting intensifies

The Guardian - UK · Jul 23

US stocks today: US stocks fall as Big Tech earnings rekindle AI spending worries; oil hits $100

US stock markets faced a sharp downturn on Thursday, primarily driven by worries around Big Tech earnings. Following their quarterly financial disclosures, shares of Alphabet and Tesla fell sharply. Meanwhile, due to rising tensions in the Middle East, oil prices surged to $100 a barrel, reigniting worries about inflation and…

The Economic Times · Jul 23

The countries that have gained the most tourists since 2019, revealed

North Africa and the Middle East dominate the list

The Independent UK · Jul 23

U.S. Investigates Alleged Russian Assistance to Iran in Attacks on CIA Facilities-REPORT

U.S. intelligence agencies are investigating whether Russia helped Iran carry out drone attacks against sensitive CIA facilities in the Middle East, including by supplying targeting information or advanced technology that may have improved the precision of the strikes.

Latin Times · Jul 23

Iran vows to continue strikes in spreading Mideast war

TEHRAN - Iran vowed on Thursday to keep striking the region so long as it remains under attack, as the Middle East war spread to new fronts with Tehran’s Houthi allies attacking Saudi shipping in the Red Sea.

Bangkok Post · Jul 23

Trump's Saudi Nuclear Deal Could Allow Uranium Enrichment, Raising Fears of a New Arms Race

Donald Trump's Saudi nuclear deal permits uranium enrichment, sparking fears of a Middle East arms race as key safeguards are absent.

International Business Times UK · Jul 23

Renewables, batteries shield Australia from oil crisis

Australia has been spared from the Middle East energy crisis because of its rapid build-out of renewables and battery storage, a global energy body says.

AAP · Jul 23

US issues ‘worldwide caution’ for citizens, strikes on Iran’s military infrastructure continue

The US state department issued a worldwide security advisory for American citizens, warning that heightened tensions in the Middle East could trigger “unforeseen escalation” and travel disruptions. The advisory also cautioned about potential threats to US interests overseas.

The Times of India · Jul 23

Dr Reddy’s shares crack 9% after weak Q1; these 3 brokerages slash their target prices

Dr Reddy’s shares plunged 9% on Thursday after the drugmaker reported a weak Q1 FY27 performance, with net profit tumbling 69% year-on-year to Rs 443 crore and revenue declining 6% to Rs 8,071 crore. Earnings were hit by a Rs 240 crore semaglutide API-related impact, including inventory provisions, while higher…

The Economic Times · Jul 23

Bitcoin, Ethereum, XRP, Dogecoin Flat Despite Crypto Bill Getting Ethics Provisions: Analyst Highlights Level to 'Watch' for BTC

Leading cryptocurrencies flatlined on Wednesday as investors weighed the implications of the Clarity Act and rising geopolitical tensions in the Middle East.

Benzinga · Jul 23