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The Latest Breaking News from Middle East

Millions at risk as UK food prices rise amid Middle East crisis

IN FULL

The Independent UK

Ukraine war briefing: Kyiv deploys 200 anti-drone experts to Middle East

Zelenskyy warns British MPs of drone technology advances and future attacks; UK readies for court battle with Russian billionaire Roman Abramovich. What we know on day 1,484

The Guardian - AU

Isolated and exposed: can New Zealand’s fragile economic recovery withstand the global oil shock?

New Zealand economic growth tipped to overtake Australia’s this year but Middle East conflict casts a shadow over outlook

The Guardian - AU

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Keir Starmer to face questions from MPs after fresh Donald Trump criticism

The Middle East conflict and its domestic impact are likely to dominate the agenda during Prime Minister’s Questions from noon.

Evening Standard

British households face rising food insecurity amid Middle East crisis

Food insecurity is on the rise and there are fears that supermarket prices could increase due to the Middle East crisis

The Independent UK

Food insecurity rising amid concerns about Middle East effect on prices

The Food Foundation said 12% of UK households experienced food insecurity in January, including 6.3 million adults, up from 11% in June last year.

Evening Standard

Crude Oil Rallies as Iranian Attacks Disrupt Middle Eastern Supplies

April WTI crude oil (CLJ26 ) on Tuesday closed up +2.71 (+2.90%), and April RBOB gasoline (RBJ26 ) closed up +0.1231 (+4.10%). Crude oil and gasoline prices rallied sharply on Tuesday, with gasoline posting a 1-week high. Energy prices are rising amid renewed attacks on key energy infrastructure in the...

Barchart

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'Continuing the war serves no purpose at the moment': former Israeli minister

On the 18th day of the war in the Middle East, RFI spoke to Nitzan Horowitz, journalist and former Israeli Minister of Health, who called for an end to the US-Israeli operation. In his view, strikes against Iran will not bring down the regime and a ground offensive in Lebanon…

Radio France Internationale

Israel claims Iran security chief killed, presses Europe on Hezbollah

Israel has claimed it has killed Ali Larijani, Iran’s powerful national security chief, in a strike on Tehran, as fresh bombardments hit cities across the Middle East following weeks of escalating conflict.

Radio France Internationale

Australia prepares fuel plans if Mideast war drags on

Australia is preparing for all scenarios should the war in the Middle East go on indefinitely and the fuel crisis escalates, the prime minister says.

AAP

Treasurer warns of major economic damage from Iran war

Fresh modelling shows oil price shocks and soaring prices for other commodities will have a lasting impact on Australia's economy.

AAP

Crude Oil Prices Gain as Iran Renews Attacks on Middle East Energy Infrastructure

April WTI crude oil (CLJ26 ) today is up +1.41 (+1.51%), and April RBOB gasoline (RBJ26 ) is up +0.0849 (+2.83%). Crude oil and gasoline prices are moving sharply higher today, with gasoline posting a 1-week high. Energy prices are rising amid renewed attacks on key energy infrastructure in the...

Barchart

European airlines boost direct flights to Asia and Africa as passengers avoid Middle East

Travellers looking to avoid once-popular stopover hubs like Dubai and Doha are increasing demand for long-haul direct routes.

Euronews

Would more North Sea drilling lower UK energy bills? Our analysis says no

As the Middle East conflict intensifies and oil and gas prices swing wildly, the UK has seen renewed calls to drill more in the North Sea. The argument is straightforward: if Britain produces more of its own oil and gas, household energy bills should fall.

The Conversation

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Euronews

Is Russia using the war in the Middle East to spread disinformation about Ukraine?

Russia has consistently spread disinformation about Ukraine since the start of its full-scale invasion. Now, analysts say the Kremlin is shifting its messaging strategy by exploiting narratives about the war in the Middle East. The Cube debunks some of the false claims.

The Times of India

‘Leave immediately’: UK puts 14 countries on ‘do not travel’ list amid Middle East tensions

Amid escalating instability in the Middle East, the UK government has issued its strongest travel warning, placing 14 countries on its “do not travel” list, urging British nationals to leave immediately if they are currently in these regions.

The Conversation

Why developing nations could be the first to suffer as the Middle East conflict raises food prices

Geopolitical tensions rarely stay confined to the battlefield. They ripple through global markets – particularly energy and food. The war between the US, Israel and Iran is a reminder of how quickly conflict can affect food security far beyond the region.

The Independent UK

Fix your mortgage now or face higher payments, experts warn

Sub-4% mortgages have met a rapid demise as the Middle East crisis causes global economic uncertainty

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Barchart

Stock Index Futures Muted as Oil Prices Resume Advance After Iran Strikes, FOMC Meeting in Focus

March S&P 500 E-Mini futures (ESH26) are down -0.02%, and March Nasdaq 100 E-Mini futures (NQH26) are down -0.04% this morning, pointing to a muted open on Wall Street after a tech-led rebound in the prior session as attacks on critical energy infrastructure in the Middle East sparked a fresh…

The Independent UK

British Airways returns to Melbourne and Colombo as long-haul links expand

Preference for nonstop flights to Asian destinations likely to grow as a result of Middle East conflict

The Times of India

Iran war impact: Sri Lanka shifts to 4-day week to conserve fuel

Sri Lanka has declared Wednesdays a public holiday to conserve fuel amid escalating Middle East tensions impacting global oil supplies. This move, alongside similar measures in other Asian nations like Thailand and Myanmar, aims to mitigate potential shortages. Motorists in Sri Lanka now face fuel rationing, a stark reminder of…

The Conversation

RBA narrowly votes to lift interest rates. The Middle East war may determine if there’s more to come

The Reserve Bank of Australia (RBA) has lifted official interest rates for the second time this year as it struggles to bring inflation under control, saying inflation is “likely to remain above target for some time”.

AAP

Coal miner reaps price rise from Middle East conflict

Coalminer New Hope is experiencing a price lift for the black mineral from the war in the Middle East, after posting a sharp fall in interim profit.

Evening Standard

Starmer to chair Cabinet after Trump attack on UK’s response to Iran war

The Middle East crisis is likely to top the agenda as the Prime Minister holds a weekly meeting with senior ministers.

AAP

Sending Australian navy to Middle East not a priority

The closure of one of the world's most important oil corridors continues to wreak economic havoc but Australia's navy is unlikely to join efforts to reopen it.

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