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The Latest Breaking News from Middle East

Lebanon reports strikes on south, east as Israel issues broad evacuation warnings

Israeli forces struck southern Lebanon, prompting evacuations from Nabatieh and over 20 other areas. This comes as the US and Iran near a deal to end the Middle East war, potentially including Lebanon. Hezbollah reported drone attacks and clashes with Israeli troops. Lebanon faces a critical juncture as leaders call…

The Economic Times

Lebanon reports Israeli strikes in south and east amid broad evacuation warnings

The Israeli army on Saturday issued evacuation warnings for the southern city of Nabatieh and more than 20 other locations across Lebanon as strikes were reported in the country's south and east. The latest strikes came as the US and Iran indicated they were close to reaching a deal on…

France 24

Australia is facing a shortage of critical lubricants. How do we stop everything grinding to a halt?

The problem shows how widespread the fallout from the enduring Middle East conflict is, with disruptions extending beyond fuel for transport

The Guardian - AU

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Donald Trump Says Deal On Sunday As Flicker Of Peace Returns To Middle East

The US President made this announcement in a Truth Social post. Trump also said the Strait of Hormuz will be open to all once the deal is signed.

International Business Times

Iran To Hold Khamenei Funeral As Mediators Dangle Requiem For Middle East Conflict

Khamenei was killed in the initial wave of strikes unleashed by the Israel and the United States on February 28, plunging the Middle East into a conflict that has stretched on to more than 100 days.

International Business Times

Pakistan: US-Iran deal could be sealed ‘within 24 hours’

The United States and Iran could finalise an agreement to end the Middle East war “within 24 hours”, key mediator Pakistan said on Saturday, after both sides expressed optimism about the chances of concluding a deal.

Bangkok Post

Middle East peace 24 hours away? Pakistani PM suggests US-Iran may finalise deal soon

Pakistan's PM Shehbaz Sharif hinted that a peace deal between the US and Iran could be finalized within 24 hours, marking a significant diplomatic breakthrough. Both nations have indicated progress, with an agreed-upon text reportedly reached. US officials, however, urge caution against speculation, emphasizing that economic benefits for Iran are…

The Times of India

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US says downed multiple Iran drones as both insist deal closer

The United States said it downed multiple Iranian drones targeting commercial ships in the Strait of Hormuz early Saturday, hours after both sides said a deal to end the Middle East war was closer than ever.

Radio France Internationale

Dollar steadies, set for weekly loss on US-Iran deal talks

The dollar steadied but eyed a weekly loss as Middle East peace talks and SpaceX's massive IPO dominated market attention. The euro edged higher after the ECB's rate hike, while traders awaited the Federal Reserve's upcoming meeting. Markets are assessing the impact of potential peace and the SpaceX offering on…

The Economic Times

🔴 Live : Iran says signing of Islamabad memorandum will not take place on Sunday

This liveblog is no longer being updated.

France 24

Iran Threatens Attack on Elon Musk's Firms, Including Starlink and SpaceX, Flagging Them As 'Military Targets'

Iran has threatened Elon Musk's companies, including SpaceX and Starlink, amid escalating tensions with the US, accusing them of aiding US military operations in the Middle East.

International Business Times UK

Wall St ends higher as SpaceX's market debut dominates

US stocks have closed higher as Elon Musk's SpaceX became Wall Street's biggest public listing in history.

AAP

US stocks: S&P, Dow edge higher on Mideast deal hopes; SpaceX debut in focus

Major US stock indices opened higher on Friday, driven by optimism for a Middle East peace deal. Investors also anticipated the historic market debut of Elon Musk's SpaceX, expected to be Wall Street's largest public listing ever. The Dow and S&P 500 saw gains, while the Nasdaq experienced a slight…

The Economic Times

NYSE Content Update: Fifth Third Bancorp Celebrates Historic Listing Transfer

NEW YORK, June 12, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Lance Glinn delivers the pre-market update on June 12thThe major averages are higher Friday morning…

AAP

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France 24

US, Iran signal peace deal is close after Trump lashes out at ‘dishonorable’ Iranians

The US and Iran on Friday signaled that an initial peace agreement to end the Iran war was close although details of the deal were not officially released. The consensual signaling came hours after President Donald Trump posted a message lashing out at "very dishonorable" Iranians after local media reported…

The Economic Times

UK economy shrinks in April as Middle East war hits

Britain's economy contracted in April as the Middle East war hit growth, official data showed Friday, dealing a setback to Prime Minister Keir Starmer as he grapples with a political crisis. "We expect the economy to continue to fade as the year goes on, and particularly for as long as…

The Economic Times

Is India's economic growth real? Raghuram Rajan says something is off

Former RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign capital inflows. He argues these factors are difficult to reconcile with official data, suggesting a disconnect between headline numbers and business behavior. Rajan also highlights the lack of a clear economic roadmap…

The Guardian - AU

US military says it downed Iranian attack drones – as it happened

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The Economic Times

Iran war puts Bangladesh’s nascent industrial dreams at risk

Bangladesh's economic growth is threatened by an energy shortage, leaving new industrial facilities idle. The country faces painful impacts from the Middle East conflict, leading to increased energy costs and power rationing. Businesses are investing in renewables and exploring domestic gas, but immediate challenges persist.

The Economic Times

Asian stocks rally on Gulf breakthrough hopes, oil hits two-month lows

Asian stocks rallied on hopes of a Middle East peace deal, tempering inflation fears as oil prices fell to two-month lows. The market also anticipated Elon Musk's SpaceX IPO, which set a record $75 billion. President Trump indicated a potential peace deal signing soon, boosting market sentiment.

Barchart

Stocks Settle Sharply Higher on Middle East Peace Hopes

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +1.75%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.86%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +3.29%. June E-mini S&P futures (ESM26 ) rose +1.73%, and June E-mini Nasdaq futures...

The Economic Times

IMF cuts eurozone growth forecasts again on energy inflation risks

The International Monetary Fund has issued a stark warning. The ongoing Middle East conflict is impacting eurozone growth more than previously anticipated. Energy price surges are expected to slow economic expansion. Inflation is also projected to climb higher. Consumer confidence may weaken, leading to reduced spending.

AAP

Wall St indexes jump, as strikes against Iran cancelled

US stocks have ended higher as investors keep a close watch on developments around the Iran conflict.

The Economic Times

US stocks: US market ticks up as chips rebound, Middle East in focus

U.S. stocks opened higher on Thursday, with investors showing interest in undervalued technology shares. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all saw gains at the opening bell. Market participants are also closely monitoring the ongoing Middle East conflict.

The Economic Times

ECB hikes interest rate by 25 bps, first since 2023 to tame Iran war inflation

The European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This move aims to combat accelerating inflation, driven by the Middle East war's energy shock, despite concerns for the struggling eurozone economy. The ECB also lowered its growth…

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