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The Latest Breaking News from Middle East

Gold extends falls on rising Treasury yields

Gold prices dipped for a third consecutive session, influenced by rising Treasury yields and ongoing Middle East conflict concerns. Goldman Sachs anticipates the Fed will hold rates steady through 2026, while Citi lowered its near-term gold price target due to expected higher U.S. interest rates.

The Economic Times

Dollar hovers around two-month high as Iran-Israel truce hangs in balance

The US dollar is strong, nearing a two-month peak. Middle East tensions are fueling demand for the dollar. Traders are also betting on the US Federal Reserve increasing interest rates later this year. Upcoming US inflation data will be crucial for the Fed's decisions. This situation could boost the dollar…

The Economic Times

Crude Oil Prices Edge Higher on Shaky Middle East Ceasefire

July WTI crude oil (CLN26 ) on Monday closed up +0.76 (+0.84%), and July RBOB gasoline (RBN26 ) closed up +0.0247 (+0.81%). Crude oil prices settled higher on Monday amid a flare-up in hostilities between Iran and Israel that threatens to derail a truce and complicate negotiations to end the...

Barchart

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Renewed Middle East Hostilities Boost Crude Oil Prices

July WTI crude oil (CLN26 ) today is up +1.31 (+1.45%), and July RBOB gasoline (RBN26 ) is up +0.0450 (+1.48%). Crude oil prices are moving sharply higher today amid a flare-up in hostilities between Iran and Israel that threatens to derail a truce and complicate negotiations to end the...

Barchart

Paraguay, Palau, Uzbekistan: The lesser-trod destinations travellers are flocking to this year

The latest UN Tourism report has highlighted all the ways travel is changing in 2026.

Euronews

Stock Index Futures Climb as Tech Stocks Rebound, U.S. Inflation Data and SpaceX IPO Awaited

June S&P 500 E-Mini futures (ESM26) are up +0.71%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.40% this morning, signaling a rebound from Friday’s selloff on Wall Street as investors stepped in to buy the dip in technology stocks even as tensions in the Middle East pushed oil…

Barchart

Global markets: Japan's Nikkei slumps, yen trades above 160 level on tech, Gulf concerns

Japan's Nikkei share average experienced its biggest drop in three months. The yen also weakened significantly against the dollar. Concerns over technology stock valuations and escalating Middle East hostilities impacted the market. This led to a sharp decline in Japanese equities. Investors are closely watching geopolitical developments and their economic…

The Economic Times

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Oil price falls back and Wall Street rallies after Iran announces ‘end of military operations’ against Israel – as it happened

Rolling coverage of the latest economic and financial news, as South Korea’s KOSPI index slumps by 8%

The Guardian - UK

Lebanon’s president refuses to meet Netanyahu until war ends – as it happened

Joseph Aoun says Lebanon is in talks about a non-aggression agreement and tells Israel a military solution is not an option for long-lasting security

The Guardian - AU

Israel and Iran exchange strikes as Middle East crisis threatens to escalate

Attacks raise fears of return to full-scale regional war and come after Trump says ‘I call all the shots’, not Netanyahu

The Guardian - UK

Inflation beating pay rises in Europe: Where are workers losing the most?

As inflation surges across Europe following the recent Middle East conflict, advertised pay growth in the eurozone is failing to keep up, causing workers' real earnings and purchasing power to fall.

Euronews

Petrol, Diesel prices hiked again on June 8 as crude oil surges? Check latest fuel rates in Delhi, Mumbai, Kolkata and other cities

Petrol, Diesel prices today: Global crude oil prices have surged amid Middle East tensions. However, Indian consumers are not feeling the pinch at the pump. Petrol and diesel prices remain steady across major cities. This stability is due to various factors influencing domestic fuel rates. India has also launched E85…

The Economic Times

Iran launches missiles at Israel for first time since Mideast truce

Iran war: The sound of air raid sirens echoed through Israel as the military successfully intercepted missiles launched from Iran. In a stark response, Iran's Revolutionary Guards declared the attack a 'serious warning' after Israel targeted Beirut. This marked a significant escalation on the 100th day of conflict in the…

The Economic Times

Middle East live: Israel vows to press military campaign in Lebanon despite Iran's warning of 'severe' response

Israeli Defence Minister Israel Katz said Monday that the IDF will "continue to operate in Lebanon against the terrorist organisation Hezbollah", despite a warning from Iran that any such action would prompt the Islamic republic to take "severe" measures. Iran announced earlier Monday it was halting its operation against Israel…

France 24

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The Economic Times

Global Markets Watch: Tumbling tech darlings slam brakes on AI rally

Asian stocks experienced a significant plunge as investors exited AI-linked shares amid concerns of an overheated market. Disappointing outlooks from chipmakers and a strong U.S. jobs report, suggesting potential rate hikes, fueled the selloff. Fresh hostilities in Iran also pushed oil prices higher, adding to market fragility.

Bangkok Post

Middle East conflict hits hard disk drive shipments

Thailand's hard disk drive (HDD) exports to the Middle East are expected to contract by 18% to US$79 million this year as the Iran conflict disrupts maritime shipping and weighs on regional trade, according to Kasikorn Research Center (K-Research).

The Economic Times

Iran threatens retaliation against US, Israel after strikes on Beirut

Iran has threatened to retaliate against the United States and Israel following fresh strikes in Beirut. This escalation occurs as the Middle East war reaches its 100th day. Hopes for a lasting peace are diminishing. The conflict has impacted global markets and increased domestic pressure on US President Donald Trump.

Bangkok Post

US says shot down Iran drones as war reaches 100th day

TEHRAN - The United States said it shot down a pair of Iranian drones threatening the Strait of Hormuz, as the Middle East war reached its 100th day on Sunday with no end in sight.

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The Economic Times

Global airlines slash 2026 profit forecast on fuel shock from Iran war

The global airline industry has significantly lowered its 2026 profit forecast due to rising fuel costs and disruptions from the Iran war. Airlines are now expected to earn $23 billion, down from $41 billion, as conflict in the Middle East drives up jet fuel prices and forces flight reroutes.

The Economic Times

Lebanon army chief visits US-Iran mediator Pakistan: military

Lebanese Army Chief Rodolphe Haykal is in Pakistan for talks with his counterpart, a visit reportedly tied to Iran-US negotiations aimed at ending the Middle East conflict. Lebanon's inclusion in any agreement is a key demand from Iran, though Lebanese President Aoun criticizes Tehran's interference. This comes amid ongoing border…

International Business Times

Rosneft Chief Says US Energy Firms Gain From Strait Of Hormuz Closure Amid Global Oil Disruption

The comments came at Russia's flagship economic forum as governments and energy producers continue to grapple with supply disruptions linked to the Middle East conflict.

Bangkok Post

Iranian footballers get visas but tensions persist

WASHINGTON - New attacks in the Middle East on Friday threatened to unravel an already fragile US-Iran ceasefire, even as American officials confirmed that Tehran’s football players had received visas for the World Cup.

The Economic Times

European shares slip as Mideast tensions linger; tech stocks pause rally

European shares edged lower, on track for a weekly dip as Middle East peace efforts remained uncertain. Technology stocks led the declines, pausing after a significant two-month rally. Brent crude prices rose, with diplomatic resolutions appearing unlikely amid ongoing strikes and a fragile Israel-Lebanon ceasefire.

The Independent UK

Parent company of Tommy Hilfiger warns ongoing Iran war could bring its sales down

PVH reduced its full-year revenue projection due to rising challenges and weaker retail demand in Europe

The Economic Times

US stocks today: Nasdaq crashes 1,100 pts, Dow 600 pts as chip stocks slide; jobs data fuels rate hike fears

Wall Street tumbled as a strong U.S. jobs report dimmed hopes of rate cuts, triggering a sharp selloff in overheated tech and chip stocks. The Nasdaq plunged over 4%, ending a nine-week rally, while persistent Middle East tensions and rising yields further pressured investor sentiment.

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