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The Latest Breaking News from the Middle East

Which countries will lose the most if tensions reignite around Iran?

Russia could benefit from an escalating situation in the Middle East, while China and Europe would see their economies suffer if the ceasefire between Iran and Israel fails to hold.

Euronews

France says 'spiral of chaos must end' amid fragile Israel-Iran ceasefire

Despite US President Donald Trump's ceasefire declaration, French President Emmanuel Macron has cautioned that the situation surrounding the Israel-Iran conflict remains "unstable", reinforcing the view that diplomacy should preside over military might in resolving the Middle East crisis.

Radio France Internationale

Wild swings in the oil price make the Reserve Bank’s job harder

It looks, at least for now, as though tensions in the Middle East are easing somewhat. It appears much less likely Iran will try to close the Strait of Hormuz, through which flows about a fifth of the world’s oil.

The Conversation

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Trump is angry with a world that won’t give him easy deals

In the Middle East as in Ukraine, the president is discovering that simple bullying tricks don’t resolve complex international crises, says Guardian columnist Rafael Behr

The Guardian - UK

Trump news at a glance: profanity and push-back over success of Iran strikes

The situation in the Middle East prompts Donald Trump to drop the f-bomb; assessment questions US strikes on Iran – key US politics stories from Tuesday 24 June

The Guardian - US

Trump Plays Deft Hand With Iran-Israel Ceasefire But Doubts Remain

With his surprise announcement of a ceasefire between Israel and Iran, US President Donald Trump has turned his flair for social media into diplomatic deftness, despite continued uncertainty in the Middle East.

International Business Times

Is the 12-day Israel-Iran war really over – and who gained what?

A Trump-brokered ceasefire is in place for now. But what really happened – and did any side emerge stronger?

Al Jazeera

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How much have US wars in the Middle East and Afghanistan cost?

More than 20 years of US wars have directly killed an estimated 940,000 people and cost the US $5.8 trillion.

Al Jazeera

Britain must ‘actively prepare’ for a war on home soil, major government review warns

The new National Security Strategy has been published with a grim warning as international turmoil in the Middle East and Ukraine continues

The Independent UK

What does the Middle East conflict mean for UK travellers?

The war between Israel and Iran is having a major impact on flights.

The Independent UK

UK oil and gas industry welcomes talk of ceasefire in Middle East

The chief executive of Offshore Energies UK said there has already been a drop in oil prices.

Evening Standard

Are flights to Dubai and Qatar still cancelled? US strikes on Iran add to global travel disruption

Flight cancellations and airspace closures have rippled across the Middle East and beyond after the US launched strikes on Iran on 22 June.

Euronews

Flying in the new age of conflict – the hotspots diverting flights and leaving pilots blind

Amid conflicts in the Middle East and Ukraine, airlines have been forced to divert around warzones while managing new threats to their systems

The Guardian - AU

Karoline Leavitt dismisses MAGA dissent on Iran while praising Trump for ‘steps towards peace’

Karoline Leavitt has responded to Republican criticism following Donald Trump’s strikes in Iran, claiming that the president is taking steps to "successfully implement peace in the Middle East.”

The Independent UK

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AAP

Servos urged not to price gouge after oil price hike

The consumer watchdog is being urged to make sure motorists aren't ripped off at the bowser after Middle East strikes led to a surge in fuel costs.

Benzinga

CoreWeave (CRWV) Stock Falls Sharply Monday: What Happened?

Shares of AI cloud infrastructure provider CoreWeave Inc (NASDAQ:CRWV) fell 5.39% to $173.68 on Monday, reversing some of last week's sharp gains. The decline comes amid broad market volatility, driven by escalating tensions in the Middle East that are beginning to rattle global trade and energy flows.

Barchart

Stocks Rally on Hopes of De-Escalation of Hostilities in the Middle East

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.96%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.89%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.06%. September E-mini S&P futures (ESU25 ) are up +0.96%, and September E-mini Nasdaq futures...

International Business Times

Trump Wants Quick Win In Iran, But Goal Remains Elusive

President Donald Trump vowed that his order to bomb Iran would be a one-off and not the beginning of another prolonged US war in the Middle East.

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International Business Times UK

Iran Fires 10 Missiles at Al Udeid, US' Largest Base in the Middle East Housing 10,000 Troops

According to Iranian state media, the attack has been called 'Annunciation of Victory' and focused solely on attacking said military base.

Benzinga

Oil Flares, Bitcoin Wobbles: Why Crude Now Moves The Crypto Needle

Tensions in the Middle East aren't just fueling oil prices – they're shaking the crypto charts too. As Brent crude flirts with volatility, Bitcoin (CRYPTO: BTC) briefly dipped below $90,000 over the weekend before bouncing back Monday, a move that James Toledano, COO of Unity Wallet, says is anything but…

Reason

Vance Says Bombing Iran Is Different From Other 'Dumb' Presidents' Military Actions

On Sunday talk shows, the vice president made the case for bombing Iran—a notable shift from his previous anti-war rhetoric.

Reason

A Brief, Bloody History of All the Times the U.S. Caused Chaos in the Middle East

The conflict with Iran is the latest in a decadeslong series of regime change operations, long-term entanglements, and all-out wars that always seem to invite more problems.

Benzinga

Stocks Rise, Oil Tumbles Despite Iran's Strikes On US Bases: What's Driving Markets Monday?

Wall Street showed unexpected resilience Monday as investors looked past a sharp escalation in the Middle East, where Iran fired missiles at U.S. military bases in Qatar and Iraq — just 48 hours after American strikes targeted Iranian nuclear facilities.

Benzinga

US-Iran War A 'Nuclear-Grade Bull Catalyst' For Bitcoin, Says Analyst, Even As Odds That Strait Of Hormuz Will Be Blocked Dips

Cryptocurrency analyst and author Adam Livingston argued Sunday that escalating geopolitical tensions in the Middle East could serve as a “nuclear-grade bull catalyst” for Bitcoin (CRYPTO: BTC).

International Business Times UK

British Airways Cancels Flights to UAE, Qatar due to Mid-East Tensions: How Will It Affect Your Travel?

Major airlines from London, United Kingdom have cancelled flights today to the Middle East due to the tensions after the United States Air Force (USAF) planes dropped bombs in Iran's nuclear facilities over the weekend.

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