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The Latest Breaking News from Middle East

Expert Warns Crude Could CRASH Despite Middle East Tensions — Here's Why Petrol Prices May Plunge

Analysts predict oil prices may stabilise as supply improves and demand remains steady, despite ongoing tensions in the Middle East.

International Business Times UK

Bitcoin slips below $60,000 as ETF outflows and middle east tensions weigh. Here is what experts say

Bitcoin dipped below $60,000 as significant ETF outflows and Middle East tensions impacted market sentiment.This marks Bitcoin's weakest June since mid-2022, with over $4 billion withdrawn from spot ETFs this month. Analysts highlight $60,000 as a critical resistance level, while persistent inflation concerns keep investors cautious about riskier assets like…

The Economic Times

Frank Lowy’s family subjected to 15,000 serious online hate attacks in one year, antisemitism commission hears

SBS and ABC called to Bondi attack inquiry as commission focuses on traditional and social media

The Guardian - AU

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Oil climbs following renewed US, Iran strikes in Middle East

Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of a potential de-escalation and renewed talks, analysts caution that a full recovery of Gulf oil supply could take months due to lingering issues. Saudi Aramco has resumed…

The Economic Times

Ukraine war briefing: Putin expects US negotiators in Moscow; fuel rationing in Siberia as crisis bites

Russian president says he expects to host US representatives once Middle East crisis eases; Siberian region of Irkutsk sets 50-litre limit at state-run outlets. What we know on day 1,587

The Guardian - AU

Morning Mail: One Nation election finances face scrutiny, Trump’s new Iran threats, why your super already invests in AI

Electoral officials examine One Nation expenses; fresh strikes threaten Middle East peace talks

The Guardian - AU

Tehran-Dubai flights to resume Monday: Iranian media

Flights between Tehran and Dubai are set to resume on Monday, according to Iranian state media. This comes just weeks after Iran launched drone and missile strikes on UAE targets during the recent Middle East war. Dubai's airport, which had suspended operations due to attacks, will once again welcome flights…

The Economic Times

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Iran, US Trade Strikes In Blow To Middle East Peace Talks

Iran's Revolutionary Guard launched drone and missile attacks early on Sunday targeting Bahrain and Kuwait in response to US airstrikes.

International Business Times

Donald Trump threatens to annihilate Iran after crossfire over Hormuz – as it happened

Iran attacked Bahrain and Kuwait after US strikes, and threatened a ‘complete halt’ to talks

The Guardian - UK

Asia's vendors grapple with rising costs of ever-present plastics

Rising plastic costs: Asian food vendors are struggling with soaring plastic costs, a direct consequence of the Middle East energy crisis. Despite a US-Iran deal, supply chain disruptions persist, particularly concerning the Strait of Hormuz. Vendors in Taipei and Bangkok report significant price hikes for essential items like bags and…

The Economic Times

Iran Strikes Again As Tensions Resurface In Middle East

Iran launched fresh strikes in the Strait of Hormuz on Saturday as tensions escalated again in the Middle East threatening a fragile ceasefire agreement reached between Washington and Tehran earlier this month.

International Business Times

Lebanon, Israel and US sign framework pact

WASHINGTON - Lebanon, Israel and the United States on Friday signed a trilateral framework agreement aimed at paving the way for a peace deal between the two long-time Middle East adversaries.

Bangkok Post

Israel orders troops to prepare for 'extended stay' in Lebanon

Israel's defence minister said on Saturday that Israeli forces had been instructed to prepare for an "extended stay" in Lebanon. Earlier, the Israeli military carried out an air strike in the Nabatiyeh area of southern Lebanon, a day after the United States announced a framework agreement between Israel and Lebanon.…

France 24

Israel and Lebanon hail Washington deal, rejected by Hezbollah

WASHINGTON (UNITED STATES) - Israel and Lebanon hailed an agreement signed Friday with the United States to pave a way towards peace on their front in the Middle East war, while Iran-backed Hezbollah warned the deal would thwart plans to resolve the broader conflict.

Bangkok Post

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Radio France Internationale

Lebanon, Israel and US sign trilateral framework pact

Lebanon, Israel and the United States on Friday signed a trilateral framework agreement aimed at paving the way for a peace deal between the two long-time Middle East adversaries.

Bangkok Post

Relative calm in Middle East lifts markets

Global markets received a lift this month from the US-Iran ceasefire and pledges to reopen the Strait of Hormuz, resulting in a gradual pick-up in vessel movements and a drop in oil prices to pre-war lows.

International Business Times

U.S. Reportedly Considering Moving Bases Away From Iran To Reduce Exposure To Missiles, Drones

The U.S. is reportedly considering moving Middle East military bases away from Iran to reduce exposure to the country's drones and missiles.

The Economic Times

International visitors to Dubai to return ahead of hotel rate recovery

Dubai's tourism is bouncing back, with visitor numbers expected to recover before hotel rates. Accor, a major hospitality player, notes a long-term growth trend in the Middle East despite regional challenges. While demand is strengthening, pricing is anticipated to lag, with a full performance recovery projected by early 2027. The…

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Evening Standard

Heathrow forecasts 1.1% fall in passenger numbers this year because of Iran war

The airport said the conflict is putting ‘notable downward pressure on traffic’, with Middle East routes down 25%.

The Economic Times

'Very strong' nuclear verification needed in Iran after war: IAEA head

Following the Middle East conflict, the UN atomic watchdog chief stressed the urgent need for robust verification in Iran to prevent nuclear weapons development. IAEA head Rafael Grossi stated that while Iran denies such intentions, strong oversight is crucial. Talks are underway regarding Iran's uranium stockpile, with options including downblending…

The Economic Times

Global Market: Core inflation in Tokyo accelerates as energy-driven price pressures begin to broaden

Tokyo's core inflation surged in June, driven by rising energy costs stemming from the Middle East conflict. This acceleration signals broadening price pressures, prompting the Bank of Japan to consider further interest rate hikes. While some economists express caution about the extent of these pressures, the central bank is closely…

Bangkok Post

Bad loans still elevated as Iran war hammers firms

The Bank of Thailand intends to focus on asset quality in the banking industry as non-performing loans (NPLs) remain at elevated levels, attributed in part to the impact of the Middle East conflict, says the central bank's chief.

France 24

World Cup 2026: More MENA countries competing than ever before

More Middle East and North Africa (MENA) countries are competing in the 2026 World Cup than at any previous tournament, much to the delight of fans from Morocco to Jordan. But as always with sports, politics is never far from the pitch. Iran, of course, springs to mind. Never before…

The Economic Times

US inflation tops 4% for first time in three years, boosts Fed hike bets

US inflation surged past 4.0% in May, driven by Middle East conflict-fueled energy prices, marking the highest increase in three years. This development pushes the Federal Reserve closer to potential interest rate hikes this year. Despite consumers facing higher costs, spending has remained robust, buoyed by tax refunds and a…

The Economic Times

Rubio in Middle East tour says any Iran deal will ensure security of Gulf allies

U.S. Secretary of State Marco Rubio assured Gulf Arab allies that any deal with Iran would prioritize their security interests. Concluding a Middle East tour, Rubio aimed to assuage concerns over a preliminary accord, emphasizing Washington's commitment to regional stability. Despite assurances, conflicting accounts on deal terms regarding inspections and…

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