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The Latest Breaking News from Middle East

Trump claims EU is not offering a fair trade deal; Reeves pitches UK as ‘oasis of stability’; oil climbs as shares fall – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

The Middle East is a major flight hub. How do airlines keep passengers safe during conflict?

The Middle East is a region of intense beauty and ancient kingdoms. It has also repeatedly endured periods of geopolitical instability over many centuries.

The Conversation

Trump demands Iran’s ‘unconditional surrender’ – as it happened

The Israeli strikes came after the IDF issued a warning for an area of Tehran’ US president says Ayatollah Khamenei is ‘easy target’

The Guardian - AU

From analysis to the latest developments in health,
read the most diverse news in one place.

Fears Trump will veto G7 joint statement on Russia sanctions and Israel

The G7 countries are planning on discussing a new package of sanctions against Russia and a joint approach to the Israel/ Iran Middle East crisis but it appears Trump is preparing to reject the proposals

The Independent UK

Stocks up on hopes of thaw to Middle East tension

The FTSE 100 index closed up 24.59 points, 0.3%, at 8,875.22, just shy of its record closing peak of 8,884.92 posted last Thursday.

Evening Standard

Middle East crisis risks igniting inflation. Here are the markets to watch out for in Australia

Interest rate cuts still likely, experts say, but oil and gold prices are up and the share market is likely to remain volatile

The Guardian - AU

Iran and Israel crisis: what does it mean for the price of oil?

Banks and forecasters say price trajectory will depend on how far the military and humanitarian crisis escalates

The Guardian - UK

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Iran-Israel ‘threshold war’ has rewritten nuclear escalation rules

Israel’s conflict with Iran represents far more than another Middle Eastern crisis – it marks the emergence of a dangerous new chapter in nuclear rivalries that has the potential to reshape global proliferation risks for decades to come.

The Conversation

Is it safe to travel to Turkey? Your rights as wildfires cause flight cancellations

Flights to and from Izmir were seriously disrupted amid wildfires in the popular tourist city on the Turkish coast

The Independent UK

Iran war: from the Middle East to America, history shows you cannot assassinate your way to peace

In the late 1960s, the prevailing opinion among Israeli Shin Bet intelligence officers was that the key to defeating the Palestinian Liberation Organisation was to assassinate its then-leader Yasser Arafat.

The Conversation

FTSE 100 Live 16 June: Oil price steadies, BetMGM boost for Entain

Oil prices and the FTSE 100 index today held steady in a session when China’s latest retail sales figures offered some support to jittery global markets.

Evening Standard

Aussie shares stall as conflict weighs on confidence

Air and drone attacks in the Middle East have dominated market sentiment since Israel launched air strikes in Iran last week, sending oil prices surging.

AAP

The UK must exercise all its leverage to de-escalate the Middle East

THE INDEPENDENT VIEW: Editorial: The G7, and parliament, must bring cool heads to bear for the clarity necessary to decide what action must be taken to moderate the conflict between Iran and Israel

The Independent UK

Geopolitics, the Fed and Other Can't Miss Items this Week

The stock market opens a shortened trading week under the shadow of escalating Middle East tensions following Israel's attack on Iran's nuclear, missile and military complex early Friday. Here are 5 things to watch this week in the Market.

Barchart

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The Independent UK

The UK should protect its allies in the Gulf and Middle East – but Israel isn’t one of them

IN FOCUS : Israel’s attack on Iran’s nuclear programme is good for the UK – but helping Israel now is not, and here’s why, explains world affairs editor Sam Kiley

The Independent UK

Britain ‘not at war’ despite sending more RAF jets to the Middle East, Reeves says

Rachel Reeves said Britain may play a military role in helping Israel as the conflict intensifies

The Independent UK

Starmer deploys more RAF jets to Middle East but calls for de-escalation

IN FULL

AAP

Australia backs Israel 'defence' amid escalation fears

Australia has suggested Israel's attack on Iran was justified, citing international fears about the threat posed by the potential spread of nuclear weapons.

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The Guardian - UK

UK moves jets to Middle East as Starmer refuses to rule out defending Israel

Military assets to provide ‘contingency support’ as PM repeats call for de-escalation after Iran’s retaliatory strikes

International Business Times UK

Dow Futures Crash 500 Points, European Stocks Open Lower as Investors Dump Equities Amid Israel-Iran Tensions

The major escalation in the Middle East dragged down futures tied to the Dow Jones Industrial Average by 504 points, while S&P 500 futures and Nasdaq 100 futures declined by 1.25% and 1.35%, respectively.

The Independent UK

Iran and Israel escalate fears of wider Middle East conflict

IN FULL

The Guardian - UK

The Guardian view on Israel’s shock attack on Iran: confusing US signals add to the peril

Editorial: The recklessness of Benjamin Netanyahu’s government and the incoherence of Donald Trump’s deepen the crisis in the Middle East

The Conversation

What does Israel’s strike mean for US policy on Iran and prospects for a nuclear deal?

Israel’s strike on Iranian nuclear and military facilities has pushed the Middle East one step closer to a far wider, more dangerous regional war. It also has implications for recent U.S. diplomatic efforts toward a deal with Tehran over its nuclear program.

International Business Times

Airlines Halt Many Middle East Flights After Israel Hits Iran

Global airlines on Friday cancelled flights to Tel Aviv, Tehran and other Middle East destinations, or rerouted planes, as airspaces shut following Israeli strikes on Iran.

The Conversation

Why Israel’s air strikes signal a shifting relationship with the US and a weakening Iran

The Middle East is undergoing a realignment of power. With Israel’s attack on Iranian nuclear sites and the assassination of at least two of Iran’s senior security officials, Benjamin Netanyahu is showing his willingness to go it alone and ignore pressure from the Trump administration.

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