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The Latest Breaking News from the Middle East

Is London a safe haven for investment in uncertain times?

London has already proven it attracts unrivalled cross-border investment, but it will need to adapt

Evening Standard

Iran war briefing: Oil prices rise as Trump sends message to Tehran over Strait of Hormuz deadlock

Oil prices surged after reports indicated Donald Trump was considering military action against Iran to resolve the deadlock in the Strait of Hormuz. Donald Trump urged Tehran to “get smart soon” and sign a deal, and claimed “Iran can’t get their act together” in a social media post. The US…

The Independent UK

Food giant sounds the alarm: shoppers are struggling

Woolworths has seen a "major shift" in consumer sentiment due to the Middle East war and spiking petrol prices, with many struggling to make ends meet.

AAP

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USS Ford aircraft carrier will be heading home after record-breaking deployment

The USS Gerald R

The Independent UK

US Federal Reserve holds rates as Jerome Powell signals he will stay on

A divided US Federal Reserve has held interest rates steady for a third consecutive meeting, as policymakers grapple with heightened uncertainty linked to the war in the Middle East. The decision is expected to be the last overseen by Chair Jerome Powell.

Euronews

Putin, Trump hold 90-minute call on Iran, Ukraine war: Russia proposes Kyiv ceasefire for Victory Day

Presidents Putin and Trump held a 1.5-hour call discussing the Middle East war and Ukraine. Putin backed Trump's Iran ceasefire extension, viewing it as a stabilizing move. He also proposed a temporary ceasefire in Ukraine for Victory Day, aiming to advance peace negotiations.

The Times of India

Middle East war boosts oil giants’ profits as 'households pay the price'

Oil giants have posted "exceptional" profits as war in the Middle East drives up crude prices, fuels global supply fears and creates trading opportunities – handing some of the world’s biggest energy companies a financial boon while consumers face rising costs.

Radio France Internationale

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EU backs ending new oil and gas drilling

The war in the Middle East may have driven up oil and gas demand, but the world should still ditch new fossil fuel drilling, EU climate chief Wopke Hoekstra has said, insisting on "affordable, reliable, homegrown clean energy."

Euronews

Have tourists changed how they book holidays due to jet fuel crisis?

‘Since commencement of the conflict in the Middle East, the booking profile has become increasingly close to departure’ – Jet2, Britain's biggest holiday company

The Independent UK

Jet2 sees passengers book at the last minute amid Iran war worries

The group said it was adding it is ‘maintaining frequent dialogue with our fuel suppliers and airport partners on fuel supply’.

Evening Standard

Iran war briefing: Trump ‘orders extended blockade’ in attempt to hurt Tehran’s finances

Donald Trump has directed his team to prepare for an extended blockade of Iran, with talks to end the war held at an impasse in an attempt to hurt the country’s finances, according to a report. Trump has also told White House aides that Iran’s latest peace proposal shows that…

The Independent UK

Lloyds earnings jump by a third but UK economic outlook worsens

New economic forecasts published by the bank reflect the possible “stagflationary consequences” of war in the Middle East.

Evening Standard

Heathrow issues warning over impact of Middle East war

The airport said its passenger numbers for the rest of the year are likely to be impacted by ‘significant uncertainty in the Middle East’.

Evening Standard

Oil nearing $120 a barrel for first time since 2022 as Trump maintains Iranian blockade – as it happened

Rolling coverage of the latest economic and financial news, as Brent crude approaches highest level since Middle East conflict began

The Guardian - UK

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The Guardian - UK

From Jakarta to Manila, south-east Asia turns to Russia to plug fuel, fertiliser gaps caused by Iran war

South-east Asia, which relied heavily on the Middle East for energy and fertiliser, is desperately seeking to plug huge gaps in its supplies

Barchart

Where is the Most Diversified U.S. Stock Market Index Heading?

While markets reflect the economic and geopolitical landscapes, which remain highly turbulent in April 2026, the most diversified U.S. stock market index, the S&P 500, rallied to a new record high on April 17 and April 24.

The Guardian - UK

How the UAE’s decision to leave Opec could recast the Middle East

Defection is damaging to Saudi Arabia’s prestige – and could strengthen the US hand in the region

The Guardian - UK

Tell us: how are you adjusting your household finances as the Iran war pushes up costs?

We’d like to hear how you’re adapting your expenditure as the cost of living rises amid the conflict in the Middle East

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The Independent UK

Trump aides fear Iran could turn into a drawn-out ‘Cold War situation’ with no deal — but no bombs either

Trump promised that the U.S. would not be dragged into a lengthy conflict in the Middle East

AAP

ASX extends losses as Gulf worries buoy oil prices

Investor sentiment remains under pressure after weeks of earnings downgrades and the Middle East energy crisis weighing on hopes of future economic growth.

AAP

Aussie travellers on the go as Asian airport hubs shine

Australians still have the travel bug, despite the uncertain geopolitical environment created by the Middle East crisis, according to our busiest airport.

AAP

Stealth bombers urged as cover for nuclear submarines

A coalition senator and AUKUS "true believer" wants the federal government to consider long-range bombers in a bid to ensure Australia isn't exposed.

Tom’s Hardware

Complex that supplies 70% of global critical PCB base targeted in Iranian strike — attack could fracture the already disrupted electronics supply chain

International Business Times UK

Trump Panics as Iran-US War 1 May Deadline Nears: Will Trump Defy the Law or Will Congress Let the War Go On?

President Trump's military campaign against Iran faces a critical legal deadline under the War Powers Resolution, requiring congressional approval by 1 May to avoid being deemed illegal.

Euronews

El-Sisi warns Middle East faces ‘attempts to redraw map’, calls for Gulf role in any Iran deal

The Egyptian president warned that the Middle East is entering a “critical phase”, with attempts to redraw its map, and called for state sovereignty to be respected.

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