The Latest Breaking News from the Middle East

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 · Jul 14

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 · Jul 14

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 · Jul 14

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 · Jul 13

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 · Jul 13

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 · Jul 13

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…

Benzinga · Jul 13

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…

The Economic Times · Jul 13

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…

International Business Times · Jul 11

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…

The Economic Times · Jul 11