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The Latest Breaking News from Middle East

Oil prices set to rise as Middle East tensions worsen, adding to cost-of-living crisis

Iran’s missile attack on Israel has caused global oil prices to spike this week amid growing fears a retaliation could put the global oil supply at risk.

The Conversation

Has Israel Invaded Lebanon? The Unfolding Situation In The Middle East, Explained

Has Israel Invaded Lebanon? The Unfolding Situation In The Middle East, Explained

Here's everything you need to know about Israel's potential ground invasion of Lebanon and Iran's missile strike retaliation.

For China, war in Gaza a chance to flex diplomatic muscle at little risk

For China, war in Gaza a chance to flex diplomatic muscle at little risk

Beijing’s efforts to play greater role in Middle East still largely symbolic but could expand in future, analysts say.

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Oil Extends Rally After Iran Attack, Hong Kong Resumes Surge

Oil prices rose more than one percent Wednesday, extending the previous day's rally, and safe haven gold pushed towards a record high after Iran's missile attack on Israel ramped up fears about an escalation in the Middle East.

International Business Times

Albanese says Dutton thinks politics is ‘all about testosterone’ as character attacks escalate

PM derides opposition leader for ‘a macho stance’ on issues, who in turn labelled Labor leader’s stance on Middle East crisis as weak

The Guardian - AU

Markets today: Wall Street wavers on Middle East missile news

Despite some good news that August saw more job openings than economists expected, markets closed down.

Stocks Finish Lower on Heightened Middle East Risks

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down by -0.93%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -1.43%. Stocks on Tuesday posted moderate losses, with the S&P 500 and...

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Dollar Climbs on Safe-Haven Demand from Middle East Tensions

Dollar Climbs on Safe-Haven Demand from Middle East Tensions

The dollar index (DXY00 ) Tuesday rose by +0.40% and posted a 1-1/2 week high. Escalating Middle East tensions boosted safe-haven demand for the dollar Tuesday after Iran launched a missile attack against Israel. The dollar also has carryover support from Monday when Fed Chair Powell said the FOMC is...

Heightened Geopolitical Risks in the Middle East Boost Crude Prices

Heightened Geopolitical Risks in the Middle East Boost Crude Prices

Nov WTI crude oil (CLX24 ) Tuesday closed up +1.66 (+2.44%), and Nov RBOB gasoline (RBX24 ) closed up +3.15 (+1.63%). Crude oil and gasoline prices Tuesday rallied sharply on escalating Middle East tensions that have the potential to disrupt oil supplies. Israel began a ground assault into Lebanon, and...

Financial markets could still avoid panic amid oil price risk in Middle East crisis

Financial markets could still avoid panic amid oil price risk in Middle East crisis

Oil prices rose by more than 4% as Israeli troops moved into Lebanon and Iran launched missiles on Israel

The Guardian - UK

Crude Surges on Escalating Geopolitical Risks in the Middle East

Crude Surges on Escalating Geopolitical Risks in the Middle East

Nov WTI crude oil (CLX24 ) today is up +2.97 (+4.36%), and Nov RBOB gasoline (RBX24 ) is up +5.60 (+2.89%). Crude oil and gasoline prices today are sharply higher. Escalating Middle East tensions that have the potential to disrupt oil supplies have sparked a rally in crude oil after...

Middle East Fears Weigh on Stocks

Middle East Fears Weigh on Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down by -1.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.72%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -1.52%. Stocks today are trading lower, with the S&P 500 and Nasdaq...

Dollar Strengthens on Middle East Tensions and a Weak Euro

Dollar Strengthens on Middle East Tensions and a Weak Euro

The dollar index (DXY00 ) today is up by +0.33% at a 1-1/2 week high. The dollar has carryover support from Monday when Fed Chair Powell said the FOMC is in no hurry to cut interest rates. Also, weakness in the euro is boosting the dollar after EUR/USD slid to...

Stocks Retreat on Escalating Middle East Tensions

Stocks Retreat on Escalating Middle East Tensions

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.72%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.71%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.88%. Stocks today are moderately lower as escalating Middle East tensions sparked...

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US Troops On Prepare To Deploy Orders For Various Contingencies

US troops on prepare to deploy orders for increased readiness and air defense support in the Middle East region.

The Independent UK

Why is Israel invading Lebanon and could it escalate into a regional war with Iran?

Benjamin Netanyahu says there is ‘nowhere in the Middle East [that] Israel cannot reach’

The Guardian - AU

Burke accuses Dutton of trying to ‘throw kerosene’ on public debate over Middle East

Home affairs minister says he will cancel visas of people waving Hezbollah flags at rallies as experts point to nuanced community perspectives on group

European Commodities: China's Massive Stimulus Package Sends Industrial Metals Higher

Ongoing tensions in the Middle East aren't enough to prop up Brent crude.

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The Guardian - UK

Sadiq Khan fears rise in UK hate crime linked to Middle East violence

London mayor boosts counter-hate funding as British Jewish group warns of danger of ‘reprisal’ attacks

International Business Times

US Troops Heading To Middle East After Israel Warns Of 'Limited' Ground Invasion

Israel has launched small ground raids across the Lebanese border and could soon widen the operation.

The Guardian - UK

US looks unable to talk Netanyahu out of planned invasion of Lebanon

An emboldened Israel appears to believe it can safely ignore a lame duck US president and grab the chance to reset the Middle East’s security dynamics

The Guardian - UK

Many British Jews see BBC as hostile to Israel, community leaders say

Jewish organisations back report that finds corporation has failed to cover Middle East conflict impartially

Oil Prices Dip Due To Waning Demand In China

Oil prices dip despite Middle East tensions due to weak China demand and oversupply concerns.

The Guardian - AU

US secretary of defence warns of ‘serious consequences’ for Iran if it attacks Israel or exploits tensions – as it happened

Israel’s military says it has begun operation against Hezbollah in southern Lebanon; US secretary of defence warns of ‘serious consequences’ for Iran if it attacks Israel or exploits tensions

The Guardian - UK

With Gaza in ruins and Lebanon under siege, what defence remains for Israel’s actions?

‘Existential threat’ is a thin excuse: the out-of-control force that is pushing the Middle East to the brink is Israel itself, says Guardian columnist Nesrine Malik

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