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The Latest Breaking News from the Middle East

Why Iran is attacking Gulf energy infrastructure

Iran targeted energy facilities across the Middle East on March 18, including the world’s largest liquefied natural gas hub in Qatar, in retaliation for Israeli strikes on an Iranian gas field hours earlier.

The Conversation

US F-35 struck by Iranian fire? Jet makes emergency landing; IRGC releases video

A US F-35 fighter jet made an emergency landing after being struck by Iranian fire during a combat mission over Iran. The stealth jet landed safely at a US air base in the Middle East, with the pilot reported to be in stable condition. This incident is currently under investigation.

The Times of India

‘Doomsday scenario’: a visual guide to the oil and gas site attacks in the Middle East

Attacks on facilities by both sides in the conflict this week threaten grave consequences for the global economy

The Guardian - UK

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Behind the Incident on the USS Gerald R. Ford: Fire, Crew Fatigue, and Unanswered Questions

The USS Gerald R. Ford is heading to Crete for repairs after a fire and a challenging deployment, raising questions about the Pentagon's strategy in the Middle East.

International Business Times UK

Why $138 is the key mark for oil prices and what it means for the future of the US economy

Analysts are keeping a close eye on the developments in the Middle East amid President Donald Trump’s war on Iran, and are paying particular attention to oil prices

The Independent UK

Bank of England holds interest rates but hints at possible hikes

The Bank left rates unchanged in a unanimous vote among all nine members of its Monetary Policy Committee (MPC).

Evening Standard

US fighter jet forced to make emergency landing and is first plane hit by Iranian fire since start of war

The jet was forced to make an emergency landing in the Middle East, sources said

The Independent UK

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What is behind the Bank’s latest rates decision and inflation warnings?

Policymakers voted unanimously to keep rates at 3.75%, with cuts now looking to be off the table as the conflict in the Middle East escalates.

Evening Standard

'My cat is my family': Greece launches animal airlift to evacuate pets from Middle East

Fourty-five pets and their owners were repatriated to Greece after weeks of being trapped in the Middle East.

Euronews

'Europe must make itself heard' on Middle East war, says former EU commissioner

As EU leaders meet in Brussels for a high-stakes summit dominated by the war in the Middle East, Thierry Breton – former European commissioner for the Internal Market and France's former economy and finance minister – spoke to RFI about the current escalation and called on Europe to act in…

Radio France Internationale

US Markets Crash After Fed Keeps Rates Unchanged as Oil Price Shock Amid the Middle East Conflict Plays Out

Crippled energy infrastructure in the Middle East continues to drive up price and compels the US Fed to keep rate unchanged.

International Business Times UK

‘Nuclear catastrophe’: As Trump’s war in the Middle East descends into chaos, WHO begins atomic disaster prep

Civilization was fun while it lasted, wasn't it?

We Got This Covered

Russia, the quiet winner? How Middle East war may be boosting Putin’s war chest

As Middle East tensions escalate, Russia is quietly positioning itself to benefit from the ensuing chaos. While global powers focus on the conflict, Moscow is leveraging diplomacy and energy markets to expand its influence. The crisis has boosted Russia's energy revenues and shifted international attention away from Ukraine, creating a…

The Times of India

Cypriot president demands talks with UK over military bases – branding them ‘colonial consequences’

It comes after RAF Akrotiri was hit by an unmanned drone strike at the start of the Iran war, raising concerns that the bases could be a threat to the island’s security

The Independent UK

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Barchart

Stocks Slip Before the Open as Oil Prices Advance, U.S. Economic Data and FedEx Earnings on Tap

March S&P 500 E-Mini futures (ESH26) are down -0.18%, and March Nasdaq 100 E-Mini futures (NQH26) are down -0.27% this morning as oil prices continued to rise amid escalating fighting in the Middle East.

The Independent UK

EU scrambles to contain energy costs from war in Middle East

European Union leaders are meeting to tackle soaring oil and gas prices driven by the war in the Middle East

The Independent UK

State Department cut jobs with deep expertise in Middle East as Iran crisis escalates

The widening war in Iran is exposing big gaps at the State Department, especially in the bureau that handles the Middle East

AAP

RBA frets over severe global shock from Middle East war

Spillover from the Iran war and an uptick in risky lending to first-home buyers could threaten Australia's financial stability, the Reserve Bank warns.

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The Times of India

Dubai’s green corridor with Oman goes live: UAE opens new route for faster sea and air cargo shipments

Dubai and Oman have launched a new green corridor for sea-air cargo. This initiative promises faster and more efficient trade between Asia and the Middle East. Goods will move seamlessly between sea ports and air cargo facilities. This collaboration aims to reduce transit times and streamline customs. It positions the…

Bangkok Post

1,000 flights to Thailand cancelled amid Mideast war

Since war erupted in the Middle East late last month, about 1,000 Thailand-bound flights have been cancelled, according to Aeronautical Radio of Thailand.

AAP

Aussie shares plunge, oil prices spike as war escalates

The Australian stock market has fallen to its lowest level since November, with heavy losses for goldminers as the yellow metal fell to $US4,850.

The Times of India

No exams? CBSE announces new evaluation rules for Gulf students amid Iran vs US-Israel war

Amidst escalating Iran vs US-Israel war, CBSE has cancelled Class 10 board exams in Gulf countries, impacting over 50,000 students. A new evaluation scheme uses performance in conducted exams and internal assessments, with averages for missed papers. This unprecedented move prioritises safety, offering a second chance for improvement while preserving…

International Business Times UK

Benjamin Netanyahu's Son Breaks 7-Day Silence on X, Sparking Rumours Over Jewish Mourning Tradition

Yair Netanyahu's unexpected social media silence coincides with rumors of an Iranian strike on Israel, sparking speculation about political stability in the Middle East.

The Independent UK

Greece launches an animal airlift to evacuate pets and their owners from the Mideast

Dozens of dogs and cats have arrived in Athens with their owners aboard a special evacuation flight for Greeks with pets who were trapped by the current war in the Middle East

Kiplinger

Dow Slides 768 Points on Inflation Fears: Stock Market Today

Nobody knows what's going to happen in the Middle East, including the White House and the Federal Reserve.

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