The Latest Breaking News from Middle East

Heathrow boss urges PM to back third runway by year-end

Latest figures showed a 2.3% drop year-on-year in passenger numbers last moth to 7.2 million as Middle East traffic plunged.

Evening Standard · Oct 12

Global Market: China stocks fall as global yields, geopolitical tensions weigh on sentiment

Chinese stocks declined as government support measures failed to restore investor confidence amid rising global bond yields, Middle East tensions and US technology investigations. Concerns over inflation, trade restrictions and export prospects weighed on sentiment, while technology shares fell sharply, highlighting persistent challenges for Beijing’s market stabilisation efforts.

The Economic Times · Oct 12

India’s Rs 34,284-crore Basmati trade gets a logistics boost with Iraq shipping plan

IREF has introduced a bulk-shipping initiative aimed at cutting freight costs for Basmati rice exports to Iraq. This initiative will lower costs from USD 350 to USD 90 per tonne, significantly improving competitiveness in the Middle East market. The collaboration with Eximwala Solutions Pte. Ltd. involves bulk shipments totaling 1,02,210…

The Economic Times · Oct 12

Middle East crisis: Riyadh airport hit again as Houthis claim attacks, including strike that killed 12 – as it happened

Houthi military spokesman says Iran-backed group carried out several targeted attacks

The Guardian - UK · Oct 11

World Bank in talks with 30-40 countries over aid to tackle Middle East energy shock

The World Bank is in talks with numerous countries to address energy price increases stemming from the Middle East crisis. While the global economy remains resilient, developing nations face growing challenges from rising diesel and fertilizer prices. The Bank anticipates more countries may access crisis funds as conditions worsen in…

The Economic Times · Oct 11

Why Yemen’s war is escalating

Adam Baron is a Fellow at New America specializing in Yemen and the Gulf; Adam Baron previously reported from Sanaa from 2011 to 2014.

France 24 · Oct 10

In three years, Israel’s war on Gaza hasn’t just changed the Middle East, it’s changed the world

A whirlpool of violence has engulfed everywhere from Lebanon to Yemen. Meanwhile, the west has destroyed any political authority it once had, says Steve Bloomfield, former international editor of the Observer

The Guardian - UK · Oct 10

Brent commands a war premium as Middle East supply risks keep oil on edge

Brent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For India, prolonged price strength, higher shipping costs and a stronger US dollar could raise the oil import bill and intensify pressure on domestic fuel prices.

The Economic Times · Oct 10

Euro falls, set for fifth straight weekly drop as oil prices rise

The euro has experienced a significant drop as concerns about France's public debt continue to affect investor confidence. Global bond markets have stabilized following US President Donald Trump's remarks on potential military action against Iran. Oil prices fluctuated significantly, impacting market dynamics and investor sentiment. US consumer sentiment has worsened…

The Economic Times · Oct 10

Hormuz Attacks and Hurricane Isaias Underpin Crude Prices

November WTI crude oil (CLX26 ) closed up +0.36 (+0.39%) on Friday, and November RBOB gasoline (RBX26 ) closed down -0.208 (-0.63%). Crude oil and gasoline prices settled mixed on Friday. Crude prices shook off early losses and moved higher Friday on concerns about disruptions to Middle East energy supplies...

Barchart · Oct 9