The Latest Breaking News from Middle East

Most Aussies ready to withstand another rate hike: NAB

The majority of business and retail customers have solid buffers and will be able to deal with an anticipated interest rate hike, a big four bank says.

AAP · May 3

The Hormuz hike: why the RBA is predicted to deliver a third straight interest rate rise this week

While interest rate rises can’t affect the surging price of oil caused by Middle East turmoil, they are still the Reserve Bank’s best – and only – tool to fight inflation

The Guardian - AU · May 3

Civilians Across the Middle East React to the Iran War: 'A Fear That Settles in Your Heart'

"Now they are hitting everything. Nowhere is safe. But don't worry, we are okay," one Iranian woman texted her American relative.

Reason · May 3

‘Treasonous’: Trump hits critics, warns Iran threat could have destroyed Europe, Middle East

US President Donald Trump delivered a wide-ranging and combative speech in Florida on Friday defending his foreign policy, and lashing out at domestic critics. Speaking at events in West Palm Beach and The Villages, Trump framed the ongoing conflict with Iran as a decisive and necessary intervention, while warning of…

The Times of India · May 2

'Never seen anything like this before': Iran damaged 16 US bases across 8 Middle East nations, says report

Iran and its allies have reportedly damaged sixteen United States military sites across eight Middle Eastern nations. CNN reports, citing satellite images and official interviews, reveal significant degradation of radar, communications, and aircraft facilities. This conflict has already cost the US billions. Gulf allies expressed concerns about the alliance's resilience.

The Times of India · May 1

The Iran war has brought many old Gulf faultlines to the fore – and is creating new ones

The United Arab Emirates (UAE) announced on April 28 that it will leave the global oil producers’ cartel Opec. Its decision is the latest sign that the war in the Middle East has not only deepened animosities between Iran and its Gulf neighbours, but among the Gulf states too.

The Conversation · May 1

What are Trump’s options for Iran after ‘final blow’ briefing?

The United States is said to be weighing its options, with the conflict no closer to formally ending

The Independent UK · May 1

Fuel Costs Soar for Air France-KLM as Middle East Conflict Triggers Urgent $2.4 Billion Budget Warning

European airline group Air France-KLM has raised prices as fuel costs surge amid the Iran war, while warnings from the International Energy Agency highlight fears Europe could face jet fuel shortages within weeks.

International Business Times UK · May 1

Fuel price rises caused by cost of oil rather than retail margins – watchdog

The Competition and Markets Authority said fuel margins have been ‘broadly unchanged’ since the start of the war in the Middle East.

Evening Standard · May 1

Trump and Netanyahu’s wars in the Middle East have elevated threat to British Jews, MI5 warns

Met Police chief Mark Rowley says he is ‘very concerned’ about the force’s ability to increase policing in Jewish communities

The Independent UK · May 1