The Latest Breaking News from the Middle East

Trump may have to choose between an endless quagmire and ceding the Strait of Hormuz to Iran

The global energy trade is likely changed forever by the outcome of the Iran war.

Fortune · Jul 18

US warns Americans to reconsider Middle East travel amid rising tensions

The United States issued a travel warning for the Middle East due to escalating regional tensions. Escalating hostilities between the United States and Iran involved fresh military strikes. Fighting intensified over the Strait of Hormuz, impacting global oil prices significantly. Kuwait and Bahrain reported missile and drone interceptions amid the…

The Economic Times · Jul 18

US and Iran escalate strikes across Mideast; bridges and a water plant hit

The United States and Iran intensified their conflict across the Middle East on Friday, launching fresh strikes on military and infrastructure targets as tensions over the Strait of Hormuz escalated. The U.S. targeted additional bridges, energy facilities and a key Iranian port, stepping up pressure on Tehran after President Donald…

The Economic Times · Jul 18

Analyst Says Americans Spent '$308 Million More' on Gas in a Day as Prices Near $4 a Gallon

The surge in oil prices amid escalating tensions in the Middle East has caused a spike in gas prices, with GasBuddy analyst Patrick De Haan saying the situation has gas very close to reaching $4/gallon again.

Benzinga · Jul 17

Why are World Sugar Futures Stuck in Neutral?

World sugar futures on the Intercontinental Exchange have traded in a narrow range of 13.34 to 16.10 cents per pound in 2026. While sugar is consolidating, it has made higher lows since mid-February but lower highs since late March.

Barchart · Jul 16

Trump Threatened To Strike Iranian Infrastructure If Negotiations Don't Resume. Iran Is Vowing Swift Retaliation

Iran vowed to "crush" targets in the Middle East if the U.S. follows through on President Donald Trump's threat to target key infrastructure in the country.

International Business Times · Jul 16

Global Market: European shares edge lower as earnings, M&A activity offset by Middle East tensions

European shares traded slightly lower as investors assessed corporate earnings and merger news. Geopolitical tensions in the Middle East kept energy inflation concerns in focus for markets. Technology stocks showed mixed performance, with ASML and Publicis gaining on strong demand. ABB announced a significant acquisition, while Delivery Hero faced a…

The Economic Times · Jul 16

Europe Today: Middle East tensions rise as Europe deepens support for Ukraine

US strikes on Iran escalate tensions in the Middle East as fears grow over the Strait of Hormuz and global energy markets. In Kyiv, the EU and Ukraine deepen defence cooperation with a new drone partnership, while Europe debates its role in supporting Ukraine’s war effort.

Euronews · Jul 16

Analyst Sees $4 Gas if Current Trends Continue, Warns Failure to Hit 9 Million Barrels Per Day Could Signal 'Demand Destruction'

Demand for gasoline in the U.S. could be falling as price volatility, fueled by ongoing escalations in the Middle East amid the U.S.-Israel and Iran war, poses challenges to the global oil supply chain.

Benzinga · Jul 16

Sensex rises 200 points, Nifty above 24,100 amid Middle East jitters. What lies ahead?

Indian stock markets showed resilience on Thursday, with Sensex and Nifty gaining slightly. Geopolitical worries from the Middle East conflict did not significantly impact trading. IT stocks led the gains, while some banking shares experienced minor declines. The Indian Rupee remained stable against the US dollar, with oil prices showing…

The Economic Times · Jul 16