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The Latest Breaking News from the Middle East

Refugee scheme for Palestinians 'not right response', UK Government minister says

A REFUGEE scheme for Palestinian people is not the “right response” at this stage of the conflict in the Middle East, a UK Government minister…

The National (Scotland)

What Joe Biden Got Right—and Wrong—Last Week in the Middle East

Plus: A listener asks the editors about mandatory maternity leave.

Reason

Crude Prices Sharply Lower on Possible Delay of Israeli Ground Invasion of Gaza

December WTI crude oil (CLZ23 ) on Monday closed down -2.59 (-2.94%), and Dec RBOB gasoline (RBZ23 ) closed down -4.22 (-1.79%). Nov WTI crude oil and gasoline prices on Monday closed sharply lower as geopolitical risks in the Middle East eased. Diplomatic efforts to release hostages taken by Hamas...

Barchart

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Rishi Sunak dodges ceasefire questions as he cosplays global statesman

The PM, just back in the Commons after meeting Netanyahu, had only vain hopes to offer in the search for peace between Israel and Hamas

The Guardian - UK

The Israel-Hamas war deepens the struggle between US and Iran for influence in the Middle East

As Israel readies for a ground invasion of Gaza, and Palestinian and Israeli civilian deaths continue to mount, a broader struggle for influence continues in the Middle East between the United States and Iran.

The Conversation

3 Small-Cap Energy Stocks Analysts Expect to Rally

With Chevron's acquisition sending waves through the energy sector - and tensions in the Middle East still running high - here are three standout small-cap oil stocks to consider buying at current levels.

Barchart

ABC host shuts down Tim Scott’s war comments as ‘beyond the pale’

‘When you pay $6 billion, do not be surprised when the result of that $6 billion leads to more conflict in the Middle East,’ the South Carolina senator said

The Independent UK

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NZ sharemarket on verge of bear market

Business & investing: The NZX50 has fallen 19.5 percent since January 2021, meaning it is likely to be grizzly this week. Andrew Patterson reports.

Newsroom.co.nz

Ange Postecoglou hopes Tottenham can offer fans ‘escape’ from Israel-Hamas conflict

Tottenham have faced criticism from some fans for a lack of support for the Jewish community and play their first home fixture since tensions escalated in the Middle East against Fulham on Monday night

The Independent UK

Oxford academics to debate motion for ‘intifada until victory’ in Middle East

A motion to be brought before union members states that only a ‘mass uprising across the Middle East can free the Palestinian people’.

The Independent UK

OPINION - The Standard View: The West must do all it can to prevent a wider war

World leaders assembled for a phone call over the weekend with the difficult but essential aim of averting a wider conflict in the Middle East. They reiterated their support for Israel and its right to defend itself and also called for respect for international law, the release of hostages by…

Evening Standard

Stock market today: Asian stocks fall as concerns rise over Israel-Hamas war and high yields

Asian shares have started the week lower, as higher risks of broader conflict in the Middle East cloud market sentiment and bond yields continue to rise

The Independent UK

China urges Gaza ceasefire, willing to do whatever needed to end violence

Touring the Middle East, Beijing’s special envoy Zhai Jun expresses concern about risk of widening conflict.

Al Jazeera

Australian shares hit new 2023 low as Mideast rages

The ASX200 has fallen 0.8 per cent to its lowest level in 51 weeks as fighting worsens in the Middle East.

AAP

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Al Jazeera

US says it will retaliate if American forces are attacked in Middle East

US diplomat Blinken was speaking as the possibility of the conflict spreading across the Middle East rises.

The Independent UK

Blinken, Austin say US is ready to respond if US personnel become targets of Israel-Hamas war

Secretary of State Antony Blinken and Defense Secretary Lloyd Austin say the United States is ready to protect American forces or personnel in the Middle East should the Israel-Hamas war escalate as they expect

France 24

Egyptian army reports 'minor injuries' in accidental Israeli shelling

Egypt's military spokesman on Sunday said an unspecified number of border guards sustained "minor injuries" from "fragments of a shell accidentally fired from an Israeli tank". The Egyptian army said Israel had "immediately expressed its regret over the unintentional incident and an investigation is underway". The incident came after a…

The Times of India

Joe Biden: Hamas attack was to halt Israel-Saudi Arabia thaw

US President Joe Biden said Hamas attacked Israel in part to stymie its efforts to normalize relations with Saudi Arabia, his most illuminating comments yet on the impetus for the crisis in the Middle East.

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The National (Scotland)

Michael Russell: In the fog of war in a digital age, we must search for the truth

IN the great scheme of things, and particularly amidst an escalating and frightening war in the Middle East which is causing vast suffering to the…

The Independent UK

Long lines at gas pump unlikely, but Middle East crisis could disrupt oil supplies, raise prices

Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and raise prices

Reason

Trita Parsi: Is De-escalation Feasible in the Middle East?

Parsi, from the Quincy Institute for Responsible Statecraft, talks with Zach and Liz about the Israel-Hamas war.

WEKU

Pentagon says it shot down Yemen missiles that may have been headed towards Israel

The Pentagon said its forces in the Middle East were seeing an 'uptick' in drone activity at a time when the U.S. is on high alert for signs the Israel-Hamas conflict could escalate across the region.

Barchart

Crude Extends Gains on Geopolitical Risks in the Middle East

November WTI crude oil (CLX23 ) this morning is up +0.78 (+0.87%), and Nov RBOB gasoline (RBX23 ) is up +2.59 (+1.10%). Nov WTI crude oil and gasoline prices this morning extended this week's rally and posted 2-week highs. A weaker dollar today is supporting energy prices. Also, a ratcheting...

The Conversation

The divisions exposed in Britain by the conflict in the Middle East

Much of the reaction in Britain to a crisis that has yet to acquire a specific designation, has concentrated on words used, and not used – their significance amplified by what their use, or non-use, may be held to mean.

Barchart

Is the VIX Still Too Low?

On October 20, 2023, the VIX index was below 20. While the VIX has risen from below 13 since September 2023, the volatility measure could be far too low considering the issues facing the U.S. stock market and markets across all asset classes.

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