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The Latest Breaking News from the Middle East

US resumes Iran naval blockade, launches fourth straight day of strikes over Strait of Hormuz

The United States has resumed its naval blockade of Iranian ports and coastal areas. American forces also launched additional strikes against Iranian military capabilities linked to shipping attacks. These actions follow a series of strikes and counterstrikes in the strategic Strait of Hormuz. The conflict escalates tensions over one of…

The Times of India

Saudi, Houthis edge towards war as Middle East conflict spills over

Saudi Arabia and Yemen's Houthis are nearing renewed conflict after recent attacks. Houthi fighters claimed large-scale strikes on Saudi Arabia, ending a four-year truce. The Yemeni government's backer, Riyadh, is prepared to retaliate against Houthi infrastructure targets. This escalation risks further destabilizing the Middle East region and its fault lines.…

The Economic Times

Oil is up after Strait of Hormuz closed again – so why hasn’t the stock market cratered this time?

Prolonged conflict in the Middle East will likely see markets impacted but investors are being cautious for now

The Independent UK

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Rupee slides past 96/USD to one-month low as oil climbs; RBI likely intervenes

On Tuesday, the Indian rupee fell to its lowest level in over a month, influenced by soaring oil prices and ongoing tensions in the Middle East. The Reserve Bank of India likely stepped in to stabilize the currency as Indian equities also dipped and bond yields rose. Market observers are…

The Economic Times

Dubai and Middle East flights disruption: US-Iran tensions keep airlines cautious as services gradually resume

Dubai flights disruption: Middle East airspace is largely open, but airlines review operations due to renewed US-Iran tensions. Unresolved disagreements over the Strait of Hormuz MoU cause continued uncertainty for travel. Several international carriers have restarted some Middle East services after security conditions improved. However, many airlines continue to suspend…

The Economic Times

Europe Today: Tensions high in the Middle East as Trump vows 20% Hormuz shipping fee

The tensions in the Persian Gulf remain high. US President Trump said the United States would take over the Strait of Hormuz and charge a fee of 20% for all cargo shipped through the waterway. Earlier, Trump declared the strait will remain open, “with or without Iran”.

Euronews

Global Market: Chinese stocks hit three-month lows as growth worries, Middle East tensions weigh

Chinese and Hong Kong stocks fell to three-month lows on Tuesday. Investors grew cautious ahead of key economic data and Middle East tensions. China's second-quarter GDP figures are expected to show slower economic expansion. A large initial public offering is also draining market liquidity. Energy shares outperformed as oil prices…

The Economic Times

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Oil prices jump as fighting flares in the Middle East, while AI-led retreat pulls Asian stocks lower

Oil prices are higher and Asian shares have fallen, dragged lower by losses for artificial-intelligence stocks

The Independent UK

Rupee's fall past 96/USD erases rally spurred by dollar inflow measures

The rupee weakened past 96 against the dollar on Tuesday. This decline occurred as oil prices saw a sharp increase this week. Tensions in the Middle East deepened, leading to fresh strikes between the US and Iran. Indian equities also faced pressure, with the Nifty 50 index experiencing losses. The…

The Economic Times

Dollar Rises with Crude Prices and Bond Yields

The dollar index (DXY00 ) rose by +0.29% on Monday. The dollar found support Monday on some safe-haven demand from escalating hostilities in the Middle East after the US and Iran traded attacks over the weekend. Also, Monday's stock market weakness boosted liquidity demand for the dollar. In addition, Monday's...

Barchart

Dollar Supported by US-Iran Hostilities

The dollar index (DXY00 ) today is up by +0.15%. The dollar has found support today on some safe-haven demand from escalating hostilities in the Middle East after the US and Iran traded attacks over the weekend. Also, today’s stock market weakness is boosting liquidity demand for the dollar. In...

Barchart

Gold drops more than 1% as rising Middle East tensions add to rate-hike fears

Gold prices saw a notable decline amidst rising tensions in the Middle East, driven by concerns over inflation linked to escalating oil prices. The prospect of an interest rate hike from the Federal Reserve in September is keeping traders on edge as they await crucial economic data releases this week.…

The Economic Times

Mortgage rates fall at fastest pace in almost two years – but experts have one warning

The ceasefire in the Middle East pushed rates to drop – but the reverse could happen if hostilities ramp up

The Independent UK

Middle East rocked by heaviest attacks since Iran-US ceasefire

TEHRAN - The Middle East has been rocked by US and Iranian attacks of a scale unseen since an April ceasefire, as fighting over the strategic Strait of Hormuz threatened to derail efforts to permanently end the war.

Bangkok Post

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Benzinga

Oil Rallies 4% as Mohamed El-Erian Warns of 'Significant Intensification' in US-Iran War

Global crude oil prices jumped roughly 4% early Monday following a wave of fresh U.S. military strikes against Iran. The sudden commodity rally reflects a warning from top economist Mohamed El-Erian that the “significant intensification” of hostilities in the Middle East will severely test the market’s prevailing assumption that the…

The Economic Times

US Stock Market: Wall Street braces for pivotal week as earnings, inflation data and Middle East tensions come into focus

Wall Street faces a pivotal week with key economic data releases and corporate earnings. Investors will closely watch inflation figures and Federal Reserve commentary for market direction. Geopolitical tensions in the Middle East are also a significant concern for global energy supplies. Major banks like JPMorgan Chase will kick off…

International Business Times

Trump's Loaded Threats, Iran Leader's Revenge Call: Will Middle East Talks Get Back On Track

Uncertainty loomed over the talks between the US and Iran over finding a peaceful solution to the Middle East conflict, with warring parties coming out with confusing claims .The US has demanded that Iran should publicly acknowledge that the Strait of Hormuz is open and pledgto stop firing on commercial…

The Economic Times

Could oil prices spike further? Inside the fragile US-Iran stance in the Gulf

Geopolitical tensions in the Middle East have escalated after attacks on commercial vessels. Iran's objective appears to be expanding its strategic influence over the Strait of Hormuz. Gulf nations are remaining cautious to avoid direct involvement in the confrontation. Crude oil prices are expected to remain elevated due to ongoing…

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France 24

Iran: Forewarnings and a Funeral, NATO, Le Pen

It’s been a week of shifting alliances, escalating tensions and political drama. NATO leaders gathered in Turkey for another pivotal summit, where President Trump arrived questioning the alliance’s loyalty before leaving in a markedly warmer mood, as attention also turned to his relationship with President Zelensky and the future of…

Barchart

Dollar Recovers as T-note Yields Rise

The dollar index (DXY00 ) recovered from a 1-week low on Friday and finished up by +0.07%. The fragile and uncertain situation in the Middle East is supporting safe-haven demand for the dollar today after Iran vowed to respond to the US attacks this week on Iran’s rail and maritime...

The Times of India

China halts helium exports as Iran war threatens global chip supply

China has imposed a temporary ban on helium exports effective immediately, as resumption of military conflict in the Middle East threatens to trigger new shortages of the gas critical for chip manufacturing, the Ministry of Commerce and General Administration of Customs announced.

Barchart

Dollar Slightly Higher on US-Iran Risks

The dollar index (DXY00 ) recovered from a 1-week low today and is up +0.03%. The fragile and uncertain situation in the Middle East is supporting safe-haven demand for the dollar today after Iran vowed to respond to the US attacks this week on Iran’s rail and maritime infrastructure. The...

The National (Scotland)

After becoming a Celtic cult hero, I'm set to join the TWELFTH club of my career

Giakoumakis is set to continue his career in the Middle East after agreeing a move to UAE champions Al-Ain from Mexican side Cruz Azul.

The Economic Times

Rupee slips on week as Iran flare-up spurs caution, merchant hedging

The Indian rupee ended nearly unchanged on Friday, but the week closed on a weaker note. Investor caution grew amid renewed hostilities in the Middle East, impacting oil-affiliated currencies. Meanwhile, global stock markets thrived, propelled by AI innovation and SK Hynix's entry in the US. The Japanese yen gained momentum…

Euronews

Serve and protect: How Europe can stabilise the Middle East by saving its culture and infrastructure

Europe can save ancient civilisations and stablise the Middle East. It's an ambitious but achievable target according to Nabil Al Lao, founder of Damascus Opera theatre and a refugee in Italy for more than a decade and Maria Francesca Corrao, a professor of Arabic at LUISS University.

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