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The Latest Breaking News from the Middle East

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

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.

AAP

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?

TechRadar

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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.

Radio France Internationale

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

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

The Independent UK

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

The Prime Minister will visit Northern Ireland on Thursday.

Evening Standard

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…

The Times of India

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Second government charter flight from the Middle East lands in Dublin

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

Evening Standard

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 Independent UK

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.

The Conversation

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.

International Business Times UK

Memory prices could leap even higher as the supply of helium, crucial to making chips, is now impacted by the conflict in the Middle East

There's no quick fix to getting hold of ultra-pure helium, either.

PC Gamer

Trump pulled mine-sweepers from the Middle East and they’re sitting in Philadelphia as the Iran War rages

The Navy went through with plans to pull the ships from service despite ongoing tensions with Iran

The Independent UK

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The Guardian - UK

‘Stunned, sidelined and disunited’: how war in the Middle East paralysed the EU

Amid fears the conflict will strengthen Russia, Ursula von der Leyen’s embrace of US-backed regime change already looks like a doomed strategy

Tom’s Hardware

Iran threatens Nvidia, Microsoft, other tech companies with strikes over alleged attack on Tehran bank — says that economic centers and banks are now considered legitimate targets

Iranian media just released a list of potential economic targets, including offices and infrastructure of Nvidia, Google, Microsoft, Oracle, IBM, and more in the Middle East.

Barchart

Stocks Mixed as IEA Announces Historic Oil Reserve Release

The S&P 500 Index ($SPX ) (SPY ) is up +0.20%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.46%. In an effort to stabilize energy markets disrupted by conflict in the Middle East, the...

The Conversation

Oil isn’t just fuel: Iran conflict could disrupt markets for everything from plastics to fertilizers

Tensions in the Middle East often trigger concerns about rising gasoline prices. But disruptions to oil supplies could affect much more than the cost of filling up a car. That’s because crude oil is not only burned as fuel. It is also the raw material for thousands of products that…

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Evening Standard

Oil wars: West releases record 400 million barrels as Iran hits cargo ships in Strait of Hormuz

Meanwhile Tehran threatens to target banks and financial centres in Middle East as Chancellor Rachel Reeves issues warning on inflation and interest rates

International Business Times

Middle East Travel Update: Which Countries' Airspace Remain Closed?

Several countries in the Middle East are keeping their airspace closed as the conflict between the United States, Iran, and Israel continue.

Barchart

S&P Futures Waver as Middle East Conflict Uncertainty Persists, U.S. Inflation Data in Focus

March S&P 500 E-Mini futures (ESH26) are trending down -0.09% this morning, swinging between gains and losses as uncertainty surrounding the Middle East conflict remains high, while investors await key U.S. inflation data.

Fortune

LIV Golf CEO Scott O’Neil on how stuck golfers got out of a besieged Gulf: ‘Precise planning, excellent resources and tremendous leadership’

Several golfers were stuck in the Middle East due to the Iran war; Jon Rahm’s private jet helped get them to Hong Kong.

The Guardian - AU

Hasty redeployment of US missiles from South Korea to Middle East leaves Seoul rattled

South Korea’s president has sought to reassure the public that the country is able to deter threats from the North

The Guardian - UK

‘If I go home, we don’t have enough money’: the low-paid Filipino workers caught up in the war on Iran

Filipino carer Mary Ann De Vera was the first victim of the war in Israel, while thousands of others remain in vulnerable positions across the Middle East

The Independent UK

Trump’s special envoy to the Middle East has no idea how or when war with Iran will end: ‘I don’t know’

President Donald Trump said the war in Iran was ‘very complete’ a day before the U.S. sunk 16 Iranian mine-laying ships in the Strait of Hormuz

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