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The Latest Breaking News from the Middle East

Retailers under attack from weak demand, rising costs

Australia's retail sector faces a pincer attack as the war in the Middle East increases costs and pushes consumers to the brink.

AAP

To the Situation Room, now! With new message, Trump stirs Iran cauldron again

Trump's comments assume significance as tensions between the US and Iran have remained elevated over Tehran’s nuclear activities, sanctions and regional security concerns. Recent developments in the Middle East have also intensified fears of escalation that could impact global trade routes and energy prices.

The Economic Times

NYSE Content Update: Dell Technologies Reports 88% Revenue Increase YoY

NEW YORK, May 29, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Ashley Mastronardi delivers the pre-market update on May 29thThe S&P 500 will look to extend…

AAP

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IndiGo to pass on ATF price hikes, to see if fuel hedging could be an option

In Q4, IndiGo's earnings were impacted by higher fuel expenses, softer yields and disruptions linked to geopolitical tensions in the Middle East, which have forced airlines globally to contend with longer flight paths, higher operating costs and airspace restrictions.

The Economic Times

TotalEnergies faces pressure at AGM over war gains and fossil fuel plans

Environmental groups are stepping up pressure on TotalEnergies ahead of its annual shareholder meeting in Paris on Friday, accusing the French oil and gas giant of profiting from the conflict in the Middle East while continuing to expand fossil fuel production despite France's climate commitments.

Radio France Internationale

Vance optimistic as US-Iran deal awaits Trump green light

WASHINGTON - US Vice President JD Vance said Washington and Tehran are close to agreeing a deal to extend their ceasefire in the Middle East war, but the potential breakthrough still hangs on President Donald Trump’s approval.

Bangkok Post

Shangri-La Dialogue opens with China and doubts about US priorities topping concerns

Asia's top defense summit convenes amid rising concerns over China's military might and assertiveness. Leaders will discuss America's Indo-Pacific strategy and regional stability. The ongoing conflicts in Ukraine and the Middle East also feature prominently. Vietnam's leader opens the conference, followed by the US Defense Secretary. China's delegation is expected…

The Economic Times

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IndiGo Q4 Results: Co reports loss of Rs 2,536 crore vs profit a year ago

IndiGo Q4 Results: Budget carrier IndiGo faced a tough fourth quarter in FY26, reporting a net loss of Rs 2,536 crore. Revenue saw a slight rise to Rs 22,438 crore. The airline navigated disruptions from the Middle East conflict and foreign exchange volatility. Despite these challenges, IndiGo maintained a strong…

The Economic Times

RBI flags US-Iran war's impact on rupee, lists measures to manage forex

The Reserve Bank of India, in its annual report, said the rupee weakened nearly 10% in FY26 due to trade uncertainties, a wider deficit, the Middle East conflict and FII outflows. RBI intervened in forex markets and expanded measures such as SRVAs and local currency arrangements to stabilise the currency…

The Economic Times

The ‘imminent’ oil crisis isn’t at the pump—it's under your hood

The U.S. is increasingly reliant on the Middle East for the specific base oils that comprise most modern motor oils and lubricants.

Fortune

Global Markets: Japan's Nikkei scales record peak on Mideast, AI optimism

Japan's Nikkei share average surged to a record high, driven by optimism for a Middle East peace deal and strong AI stock performance following Dell Technologies' positive earnings. The broader Topix also reached an all-time closing high. This market rally was fueled by renewed hopes for de-escalation in the Middle…

The Economic Times

Why are oil prices down today, and will Brent and US WTI crude futures continue to drop or rise again? Ceasefire report and US stockpile data impact crude market

Why are oil prices down today, and will Brent and US WTI crude futures continue to drop or rise again? Oil prices moved lower after reports claimed the United States and Iran reached a ceasefire extension agreement. Brent crude and US WTI crude futures also reacted to lower-than-expected US crude…

The Economic Times

Trump’s call to expand Abraham accords is destined to fail

As negotiations to end the Iran war continued on May 25, Donald Trump made a series of phone calls in which he pressed key leaders from the Middle East to join the Abraham accords. Announced in 2020, these accords established diplomatic relations between Israel and several Arab states, beginning with…

The Conversation

It’s not just high gas prices – inflation is now spreading through the US economy

Americans don’t need a press release to know that inflation is rising. Gasoline is above $4 per gallon amid the ongoing conflict in the Middle East and closure of the Strait of Hormuz, and the release of key price data on May 28, 2026, underscores why policymakers are worried these…

The Conversation

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AAP

NYSE Content Update: Hinge Health Shares Up 72% One Year from its IPO

NEW YORK, May 28, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Ashley Mastronardi delivers the pre-market update on May 28thTraders are reacting to new developments out…

Barchart

Stocks Slip Before the Open as U.S.-Iran Flare-Up Lifts Oil and Bond Yields, PCE Inflation Data in Focus

June S&P 500 E-Mini futures (ESM26) are down -0.26%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.54% this morning, pointing to a lower open on Wall Street as oil prices and bond yields rose after fresh attacks in the Middle East cast doubt on whether an end to…

Euronews

Newsletter: ‘A dangerous place’, Magyar’s moment and Europe’s mouthpiece

As the International Energy Agency warns of the fallout from sky-high energy prices prompted by the war in the Middle East, the Hungarian Prime Minister Péter Magyar comes to town aiming to unlock billions of frozen EU funds – while the bloc thrashes out whether to speak to Moscow.

Bangkok Post

Brands promise to keep products affordable

Major consumer goods producers and distributors have pledged to keep product prices stable and affordable despite increasing pressure from rising raw material costs caused by the ongoing war in the Middle East.

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Bangkok Post

Mercedes-Benz sees record year for BEVs

Mercedes-Benz (Thailand) expects demand for battery electric vehicles (BEVs) to continue rising as global energy prices climb and geopolitical tensions in the Middle East create uncertainty.

Grocery Coupon Guide

Why Ohio and Michigan Are Seeing Some of the Steepest Gas Price Increases This Week

Drivers in Ohio and Michigan are dealing with a tough reality as gas prices have climbed significantly higher this week. Global unrest, especially in the Middle East, is causing major uncertainty in the international energy markets. These supply chain disruptions are putting upward pressure on fuel costs everywhere, but these…

MarketBeat

Movado Group Q1 Earnings Call Highlights

Movado Group (NYSE:MOV) reported higher first-quarter fiscal 2027 sales and profit, citing stronger demand in the U.S., improving trends in Europe, direct-to-consumer growth and retailer replenishment activity following a better-than-expected fourth quarter. Chairman and Chief Executive Officer Efr

The Times of India

Mediation, debt and disorder: Can Pakistan keep balancing China, America and its own crises?

Pakistan has always believed that geography can compensate for weakness. It sits at the intersection of South Asia, Central Asia and the Middle East, possesses nuclear weapons, maintains relationships with superpowers who have shared cold ties, and has spent decades convincing bigger powers that it is too strategically important to…

MarketBeat

Abercrombie & Fitch Q1 Earnings Call Highlights

Abercrombie & Fitch (NYSE:ANF) reported record first-quarter fiscal 2026 net sales and maintained its full-year outlook, even as geopolitical pressure in the Middle East and parts of Europe weighed on results in the EMEA region. Chief Executive Officer Fran Horowitz said the company delivered i

AAP

NYSE Content Update: Lynn Martin on 2026 Most Powerful Women in Business List

NEW YORK, May 27, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Ashley Mastronardi delivers the pre-market update on May 27thThe S&P 500 looks to build off…

Evening Standard

Avocados and limes: The 125 'everyday essentials' due to drop in price because of tariff cuts

Chancellor Rachel Reeves hopes to bring down the cost of ‘everyday essentials’ as conflict in the Middle East continues to push up prices

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