The Latest Breaking News from the Middle East

Global stocks struggle after chipmaker's dive

Share markets have retreated following renewed US-Iran hostilities and a blip in the AI rally, while oil edged back after an Israel-Lebanon ceasefire.

AAP · Jun 4

Japan sees shortage of plastic bags, trays and gloves, as Iran war-induced naphtha shortage worsens

The Middle East is Japan’s main source of crude oil, from which naphtha is extracted and used to make items including printing ink and plastics

The Guardian - AU · Jun 4

Stocks Drop As U.S. And Iran Trade New Strikes In The Middle East

Stocks dropped and oil climbed on Wednesday as the U.S. and Iran traded new strikes and talks remain stalled.

International Business Times · Jun 3

Jim Chalmers is putting a positive spin on the economy, but is Australia’s outlook grim?

The economy was slowing even before the Middle East conflict and interest rate hikes started to bite, while the boom in datacentres was a rare bright spot

The Guardian - AU · Jun 3

The Guardian view on Trump and Lebanon: civilians need lasting peace, not short-term patches

Editorial: The US president seeks to curb Israel’s intensified offensive as he looks for an exit from war with Iran, but turmoil in the Middle East will not easily be ended

The Guardian - UK · Jun 2

Miners lift FTSE 100 while oil price heads lower

Events in the Middle East continue to dictate the mood in the markets.

Evening Standard · Jun 2

Inflation target should not be increased, says Bank governor

Andrew Bailey he believes inflation would currently be at the 2% target level were it not for the conflict in the Middle East.

Evening Standard · Jun 2

Europe is spending billions on deporting migrants. Why the strategy isn’t working

For over a decade, the European Union (EU) has relied on external partnerships to increase the return of migrants who don’t have the right to stay in Europe. It has used a growing web of funding instruments, projects and bilateral arrangements to get countries in Africa and the Middle East…

The Conversation · Jun 2

BW LPG Q1 Earnings Call Highlights

BW LPG (NYSE:BWLP) reported sharply higher first-quarter earnings and announced a major fleet renewal program, as management said geopolitical disruptions in the Middle East and shifting LPG trade flows have pushed very large gas carrier freight rates to historically elevated levels. Chief Executiv

MarketBeat · Jun 2

Stock Index Futures Muted as Investors Parse Middle East Developments, U.S. JOLTS Report in Focus

June S&P 500 E-Mini futures (ESM26) are down -0.14%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.01% this morning, taking a breather after a recent rally, while investors assess the prospects for an end to the Middle East conflict.

Barchart · Jun 2