The Latest Breaking News from Middle East

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

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The Guardian - AU · Jul 14

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 · Jul 14

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 · Jul 13

Gold drops more than 1% as rising Middle East tensions add to rate-hike fears

Gold prices saw a notable decline amidst rising tensions in the Middle East, driven by concerns over inflation linked to escalating oil prices. The prospect of an interest rate hike from the Federal Reserve in September is keeping traders on edge as they await crucial economic data releases this week.…

The Economic Times · Jul 13

'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 · Jul 13

Mortgage rates fall at fastest pace in almost two years – but experts have one warning

The ceasefire in the Middle East pushed rates to drop – but the reverse could happen if hostilities ramp up

The Independent UK · Jul 13

Middle East rocked by heaviest attacks since Iran-US ceasefire

TEHRAN - The Middle East has been rocked by US and Iranian attacks of a scale unseen since an April ceasefire, as fighting over the strategic Strait of Hormuz threatened to derail efforts to permanently end the war.

Bangkok Post · Jul 13

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 · Jul 13

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 · Jul 13

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 · Jul 13