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The Latest Breaking News from the Middle East

Iran conflict creating ‘largest oil supply disruption in history’, says IEA

It came as oil prices lifted higher again on Thursday as Iran continued to strike key energy and shipping infrastructure in the Middle East.

Evening Standard

Why Petrol Prices Haven’t Risen Despite $100 Oil

Fuel prices influence nearly every part of daily life. From daily commuting to the cost of groceries and transportation, even a small change at the petrol pump can affect the entire economy. Recently, global oil markets witnessed a dramatic shift as crude oil prices surged close to $100 per barrel,…

MyLifeXP

Citibank temporarily shuts most UAE branches from March 12–14, shifts staff to remote work

Citibank has temporarily closed most of its branches and financial centers across the UAE from March 12-14 as a precautionary measure due to escalating geopolitical tensions in the Middle East. The Mall of the Emirates branch will remain open, and digital services are fully operational. Other global banks are also…

The Times of India

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On the Beach warns of big fall in holiday bookings to the Middle East

Company suspends profits guidance amid huge uncertainty about the timing of the conflict

Evening Standard

Newsletter: Oil prices spiral despite historic reserve release

Also in this newsletter: European Commissioner for the Economy Valdis Dombrovskis tells Europe Today that a prolonged and escalating war in the Middle East could mean a 'stagflationary shock' for Europe.

Euronews

Largest ever oil reserves released as Iran war fuels price rises

The Middle East conflict has seen oil prices surge as the flow of oil tankers has effectively stopped

The Independent UK

Nearly 20,000 French nationals brought home since start of Middle East war

Nearly 20,000 French nationals have been repatriated from the Middle East since war erupted on 28 February, according to the government. Some 400,000 French citizens lived in or were visiting countries in the Gulf and Middle East when the United States and Israel launched their strikes on Iran.

Radio France Internationale

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US mainland under threat? What FBI memo says about possible Iranian drone strike amid Middle East conflict

An FBI memo suggests Iran might launch a surprise drone attack on California from a ship. This possibility emerged after US strikes on Iran. California officials state they are prepared for emergencies. The alert follows recent US-Iran military actions in the Middle East, which began last month with strikes that…

The Times of India

Ukraine supporters oppose easing of Russia sanctions

Numerous lawmakers, including some Republicans, are outraged about the Trump administration’s easing of sanctions on Russian oil exports, amid reports that Moscow is helping Iran target U.S. troops in the Middle East. Treasury Secretary Scott Bessent, looking to ease a supply crisis caused by the Iran war that has driven…

Roll Call

Data centres are the new target in modern warfare during Iran war, experts say

Data centres are the physical buildings that house all the infrastructure required to power banking apps, cloud services, and artificial intelligence platforms.

Euronews

Top Iranian nuclear scientists killed, Israel says – as it happened

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The Guardian - AU

Asia scrambles to confront energy crisis unleashed by Iran war – with no end in sight

From fuel caps to four-day work weeks, the Middle East conflict has left the world’s top crude oil importing region desperate to shore up supplies

The Guardian - AU

After the Iran war, Persian Gulf nations face tough decisions on the US – a former diplomat explains

When the US-Israeli war on Iran finally ends, the Middle East will be even less predictable than it was before it started.

The Conversation

Fuel supply boosted as oil price threatens record highs

The government has temporarily lowered Australia's fuel quality standards to boost supplies as the war in the Middle East disrupts global markets.

AAP

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AAP

Aussie shares tumble as oil spikes after tankers struck

Oil prices have surged as the Middle East conflict escalates, overshadowing a plan to release millions of barrels of crude reserves to shore up supply.

TechRadar

How to beat the fuel crisis — these are the 3 affordable EVs I recommend as an electric car reviewer

The Middle East conflict is forcing gasp prices up, so could now be the best time to switch to an EV?

Radio France Internationale

War disrupts fertiliser supplies and puts food security at risk

With production in the Gulf countries at a standstill and gas prices rising, the war in the Middle East is disrupting the supply of fertilisers and posing risks for food security.

The Independent UK

Iran war hits UK housing market with sales and enquiries both down

Mortgage lenders have been withdrawing deals as concerns grow over rising prices

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Evening Standard

We will not tolerate companies profiteering from Middle East crisis – Starmer

The Prime Minister will visit Northern Ireland on Thursday.

The Times of India

Indian traveller flees Doha, drives across desert to Riyadh after Chennai to Barcelona flight stranded amid Iran vs US-Israel war

An Indian traveller, Varun Krishnan, abandoned waiting for flights in Doha and embarked on a desert road journey to Saudi Arabia due to escalating Iran vs US-Israel conflict. His dramatic escape highlights the widespread travel chaos, with thousands stranded as airspace closures disrupt global aviation. Krishnan's resourceful overland trip underscores…

Evening Standard

Second government charter flight from the Middle East lands in Dublin

Almost 200 Irish citizens were on the flight from Abu Dhabi.

The Independent UK

The Iran War is causing Americans pain at the pump — but gas price hikes are spelling doom for these guys

ANALYSIS: Republicans are heading towards an election season led by a president who just launched an unpopular war in the Middle East that is raising gas prices, writes John Bowden. Sound familiar?

The Conversation

Dahiyeh: the Beirut suburb at the heart of an Israeli military doctrine

Over the ten days of the renewed conflict in the Middle East, Beirut’s southern district of Dahiyeh has been targeted by Israel, which is looking to deal a knockout blow to Hezbollah. It’s not the first time the area has been bombarded. Dahiyeh was bombed by Israel during its 2006…

The Conversation

These are shaky times for oil markets. An expert explains what a prolonged war will mean for prices

The US-Israel strikes on Iran have launched one of the most dramatic conflicts in the Middle East in living memory. Aside from military targets, Iranian forces have attacked commercial shipping and infrastructure in the region. The objective is simple: to disrupt oil exports and weaken its opponents’ economies.

International Business Times UK

South Korea's Shield Thins as US Redeploys Air Defence Systems Amid Iran Tensions

South Korea faces renewed anxiety after the US redeploys Patriot and THAAD missile defence systems to the Middle East, with President Lee Jae-Myung saying Seoul cannot stop the move.

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