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The Latest Breaking News from the Middle East

Big bunnies and grog sales take a wartime shopping hit

Coles shoppers adjusted their spending patterns after the Middle East war began, spending less on liquor and even buying smaller Easter chocolate bunnies.

AAP

Australia will avoid recession, despite global jitters

One of the big four banks has delivered encouraging news about Australia's chances of avoiding a recession, which could still emerge in the global economy.

AAP

Top 10 countries with the most skyscrapers in the world 2026: China, US, UAE and other leading nations

Skyscrapers have become a kind of silent competition between nations. Not always planned that way, but it shows up clearly in skylines. Cities rising upward, faster than outward. The idea of “Top 10 countries with the most skyscrapers” is usually tied to urban growth, population pressure, and economic ambition. China…

The Times of India

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U.S. Reportedly Considering Sending Hypersonic Missile 'Dark Eagle' To The Middle East

The U.S. military is reportedly considering sending a hypersonic missile to the Middle East, likely to be used against Iran should the Trump administration decide to resume hostilities.

International Business Times

Strait of Trump? President shares AI map rebranding the Middle East

IN FULL

The Independent UK

Is London a safe haven for investment in uncertain times?

London has already proven it attracts unrivalled cross-border investment, but it will need to adapt

Evening Standard

Iran war briefing: Oil prices rise as Trump sends message to Tehran over Strait of Hormuz deadlock

Oil prices surged after reports indicated Donald Trump was considering military action against Iran to resolve the deadlock in the Strait of Hormuz. Donald Trump urged Tehran to “get smart soon” and sign a deal, and claimed “Iran can’t get their act together” in a social media post. The US…

The Independent UK

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Food giant sounds the alarm: shoppers are struggling

Woolworths has seen a "major shift" in consumer sentiment due to the Middle East war and spiking petrol prices, with many struggling to make ends meet.

AAP

USS Ford aircraft carrier will be heading home after record-breaking deployment

The USS Gerald R

The Independent UK

US Federal Reserve holds rates as Jerome Powell signals he will stay on

A divided US Federal Reserve has held interest rates steady for a third consecutive meeting, as policymakers grapple with heightened uncertainty linked to the war in the Middle East. The decision is expected to be the last overseen by Chair Jerome Powell.

Euronews

Putin, Trump hold 90-minute call on Iran, Ukraine war: Russia proposes Kyiv ceasefire for Victory Day

Presidents Putin and Trump held a 1.5-hour call discussing the Middle East war and Ukraine. Putin backed Trump's Iran ceasefire extension, viewing it as a stabilizing move. He also proposed a temporary ceasefire in Ukraine for Victory Day, aiming to advance peace negotiations.

The Times of India

Middle East war boosts oil giants’ profits as 'households pay the price'

Oil giants have posted "exceptional" profits as war in the Middle East drives up crude prices, fuels global supply fears and creates trading opportunities – handing some of the world’s biggest energy companies a financial boon while consumers face rising costs.

Radio France Internationale

EU backs ending new oil and gas drilling

The war in the Middle East may have driven up oil and gas demand, but the world should still ditch new fossil fuel drilling, EU climate chief Wopke Hoekstra has said, insisting on "affordable, reliable, homegrown clean energy."

Euronews

Have tourists changed how they book holidays due to jet fuel crisis?

‘Since commencement of the conflict in the Middle East, the booking profile has become increasingly close to departure’ – Jet2, Britain's biggest holiday company

The Independent UK

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Evening Standard

Jet2 sees passengers book at the last minute amid Iran war worries

The group said it was adding it is ‘maintaining frequent dialogue with our fuel suppliers and airport partners on fuel supply’.

The Independent UK

Iran war briefing: Trump ‘orders extended blockade’ in attempt to hurt Tehran’s finances

Donald Trump has directed his team to prepare for an extended blockade of Iran, with talks to end the war held at an impasse in an attempt to hurt the country’s finances, according to a report. Trump has also told White House aides that Iran’s latest peace proposal shows that…

Evening Standard

Lloyds earnings jump by a third but UK economic outlook worsens

New economic forecasts published by the bank reflect the possible “stagflationary consequences” of war in the Middle East.

Evening Standard

Heathrow issues warning over impact of Middle East war

The airport said its passenger numbers for the rest of the year are likely to be impacted by ‘significant uncertainty in the Middle East’.

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The Guardian - UK

Oil nearing $120 a barrel for first time since 2022 as Trump maintains Iranian blockade – as it happened

Rolling coverage of the latest economic and financial news, as Brent crude approaches highest level since Middle East conflict began

The Guardian - UK

From Jakarta to Manila, south-east Asia turns to Russia to plug fuel, fertiliser gaps caused by Iran war

South-east Asia, which relied heavily on the Middle East for energy and fertiliser, is desperately seeking to plug huge gaps in its supplies

Barchart

Where is the Most Diversified U.S. Stock Market Index Heading?

While markets reflect the economic and geopolitical landscapes, which remain highly turbulent in April 2026, the most diversified U.S. stock market index, the S&P 500, rallied to a new record high on April 17 and April 24.

The Guardian - UK

How the UAE’s decision to leave Opec could recast the Middle East

Defection is damaging to Saudi Arabia’s prestige – and could strengthen the US hand in the region

The Guardian - UK

Tell us: how are you adjusting your household finances as the Iran war pushes up costs?

We’d like to hear how you’re adapting your expenditure as the cost of living rises amid the conflict in the Middle East

The Independent UK

Trump aides fear Iran could turn into a drawn-out ‘Cold War situation’ with no deal — but no bombs either

Trump promised that the U.S. would not be dragged into a lengthy conflict in the Middle East

AAP

ASX extends losses as Gulf worries buoy oil prices

Investor sentiment remains under pressure after weeks of earnings downgrades and the Middle East energy crisis weighing on hopes of future economic growth.

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