The Latest Breaking News from Middle East

Unlike Australia, inflation and interest rates are falling in the UK, the US, Canada and New Zealand despite conflict in the Middle East, the opposition says.

December WTI crude oil (CLZ24 ) today is down -0.61 (-0.86%), and December RBOB gasoline (RBZ24 ) is down -0.0175 (-0.87%). Crude and gasoline prices today gave up an early advance and turned lower. Crude is under pressure on negative carryover from Wednesday when weekly EIA crude inventories rose more...

Nov WTI crude oil (CLX24 ) Tuesday closed up +1.53 (+2.17%), and Nov RBOB gasoline (RBX24 ) closed up +5.68 (+2.82%). Crude and gasoline prices posted 1-week highs on Tuesday and settled moderately higher for a second day. Heightened Middle East tensions underpin crude prices due to concern that the...

Nov WTI crude oil (CLX24 ) today is up +1.64 (+2.32%), and Nov RBOB gasoline (RBX24 ) is up +4.97 (+2.47%). Crude and gasoline prices today are moving higher for a second day and posted 1-week highs. Heightened Middle East tensions underpin crude prices due to concern that the escalation...

US presidential candidates address Middle East crisis amidst mixed reactions and voter concerns. Impact on US foreign policy and voter sentiments.

Comments from top Federal Reserve officials suggesting they would like to see a slower pace of rate cuts tempered hopes for another bumper cut at the bank's next meeting, while Middle East worries pushed gold to a new record.

Israeli military said about 20 rockets were fired with many intercepted; US secretary of state Antony Blinken due to land in Israel for talks

Hezbollah's attacks on Israel raise concerns about escalating tensions in the Middle East. International community calls for peaceful resolutions.

US Secretary of State Blinken's diplomatic mission to address Gaza conflict amidst challenges and uncertainties in the Middle East.