The Latest Breaking News from Middle East

Hajj pilgrim numbers surpass 2025 arrivals despite Middle East war

Over 1.5 million pilgrims have arrived in Saudi Arabia from outside the kingdom for the upcoming hajj, according to a Saudi official, exceeding the number of international visitors last year despite the war in the Middle East. Last year, the total number of pilgrims at the hajj reached 1,673,320, including…

The Economic Times · May 23

European shares end at more than one-month high on tech boost

European shares closed at over a month's high, boosted by technology stocks and optimism surrounding a potential Middle East conflict resolution. AI advancements and French government investments in tech also fueled gains. However, rising inflation concerns and a stalled merger deal led to some stock declines.

The Economic Times · May 23

Pakistan army chief in Tehran as Iran weighs US peace offer

Pakistan's army chief arrived in Tehran for mediation efforts to end the Middle East war, as Iran considers a peace proposal amid reports of potential new US strikes. Diplomacy continues to secure the Strait of Hormuz, a crucial oil transit route, while fighting persists on the Lebanon front.

The Economic Times · May 23

Imperial Petroleum Q1 Earnings Call Highlights

Imperial Petroleum (NASDAQ:IMPP) reported sharply higher first-quarter 2026 results, with management saying the company benefited from a larger fleet and a surge in tanker rates tied to geopolitical disruptions in the Middle East. Chief Executive Officer Harry Vafias said the quarter marked the com

MarketBeat · May 22

UK military air show Royal International Air Tattoo cancelled amid Middle East conflict concerns

One of the world’s largest military air shows has been cancelled after organisers cited uncertainty linked to the ongoing conflict in the Middle East.

The Times of India · May 22

CAE Q4 Earnings Call Highlights

CAE (NYSE:CAE) reported higher fourth-quarter and full-year revenue for fiscal 2026, but management said weaker civil aviation training conditions, disruption tied to the Middle East conflict and transformation-related costs weighed on profitability and will continue to affect the company’s near-ter

MarketBeat · May 22

UK airlines easyJet and Jet2 assure holidaymakers: No extra charges for summer flights despite rising fuel costs

British holidaymakers have been told their summer travel plans remain unaffected despite growing concerns over rising jet fuel prices linked to tensions in the Middle East.

The Times of India · May 22

Royal International Air Tattoo 2026 cancelled by organisers – here’s why

Organisers of The Royal International Air Tattoo (RIAT) have announced the cancellation of this year’s event amid the conflict in the Middle East . According to the RIAT’s website, the decision “follows extensive discussions with the Royal Air Force and the United States Air Force regarding uncertainty over access to…

The Independent UK · May 22

S&P flags pressure on Indian Oil as high crude prices squeeze margins

S&P Global Ratings warns Indian Oil Corporation faces mounting pressure to balance affordable fuel with profitability. Prolonged Middle East tensions are escalating crude oil prices, squeezing margins and potentially impacting IOC's earnings and liquidity over the next year. The agency highlights the challenge of absorbing losses from high crude costs…

The Economic Times · May 22

EU economy chief certain the bloc will not return to Russian gas or oil as energy crisis bites

Exclusive: European Commissioner for the Economy Valdis Dombrovskis said Russia is milking the crisis in the Middle East for energy profits – and the EU will not ease on its sanction regime for cheaper oil or gas flows.

Euronews · May 22