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The Latest Breaking News from the Middle East

Trickle-down impacts of Middle East war, from pistachios, to copper, to leather

As oil prices surge and key shipping routes close because of the war in the Middle East, the downstream effects are impacting different markets around the world, from pistachios and bananas to luxury leather goods, as industries are being forced to adapt to disrupted supply chains and increased costs.

Radio France Internationale

Cheap spirits, pricey condoms: how war in the Middle East is shifting the way Australians spend

Beyond cutting back on driving, households are slicing deeper into their budgets, with some even forgoing healthcare

The Guardian - AU

Charting the global economy: Euro area business activity sags

Euro area business activity contracted as the services sector weakened due to the Middle East war, while US retail sales surged, indicating a resilient consumer.

The Economic Times

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British Airways warns of higher airfares as UK govt monitors oil price surge amid Iran war

The ongoing conflict in the Middle East, linked to the wider Iran war situation, has sparked a rise in global oil prices after disruption concerns around the Strait of Hormuz.

The Times of India

EU considers helping with Mideast energy infrastructure to bypass conflict zones

Top European Union officials say the bloc is looking into funding alternative energy infrastructure in the Middle East that would circumvent conflict hot spots like the Strait of Hormuz

The Independent UK

War in the Middle East is stressing Europe's hard-learned lessons about fossil fuel dependency from 2022

It’s Europe’s second major energy crisis in just four years. The continent’s reliance on fuel imports is the common thread.

Fortune

Will Differentials Between U.S. and European/Asian Natural Gas Prices Support U.S. Prices?

U.S. natural gas prices have declined, but European and Asian prices remain elevated in April 2026. The hostilities in the Middle East and the ongoing war in Ukraine have raised concerns about natural gas supplies to Europe and Asia, which depend on imports.

Barchart

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Food inflation may jump to 7% as energy prices rise, firms tell Bank of England

Bank officials also found that the conflict in the Middle East has ‘eroded’ confidence that the economy will improve.

Evening Standard

How is the Iran war changing the way Europeans travel?

Jet-setting appetites among Europeans may have climbed, but tensions in the Middle East mean more travellers are concerned about safety when considering going abroad.

Euronews

What to do if your flight is canceled amid rocketing jet fuel costs

The pressure of jet fuel shortages are arriving at a time when summer travel demand is ramping up

The Independent UK

Anzac then and now: as trans-Tasman defence relations get closer, NZ must be on guard

Anzac Day 2026 arrives in tumultuous times: unresolved conflict in the Middle East, the erosion of the old international order, the famous Doomsday Clock set closer to midnight than ever before.

The Conversation

Dollar Climbs as Crude Prices Jump and Stocks Fall

The dollar index (DXY00 ) climbed to a 1.5-week high on Thursday and finished up by +0.22%. The dollar remains supported amid persistent tensions in the Middle East, which is boosting safe-haven demand for the dollar. Also, rising crude oil prices are pushing up inflation expectations, a hawkish factor for...

Barchart

Air defenses activated in Tehran as Iran reports 'hostile targets' amid rising regional tensions

Air defense systems were activated across parts of Tehran late Thursday, according to Iranian state-affiliated media, in a development that underscores the fragile and increasingly volatile security situation in the Middle East.

Latin Times

UK prepared to deploy RAF Typhoons to keep strait of Hormuz open after Iran war

Proposal at heart of offer made during a 30-country two-day meeting jointly organised by France

The Guardian - UK

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The Guardian - UK

EU formally approves €90bn Ukraine loan and 20th sanctions package against Russia

Ursula von der Leyen hails ‘good news’ after Hungary’s lifting of vetoes allows leaders to sign off on agreements

Barchart

Middle East Tensions Support the Dollar

The dollar index (DXY00 ) today climbed to a 1.5-week high and is up by +0.04%. The dollar remains supported amid persistent tensions in the Middle East, which is boosting safe-haven demand for the dollar. Also, rising crude oil prices are pushing up inflation expectations, a hawkish factor for Fed...

The Independent UK

Fallout from Iran war is ‘major new threat to foreign aid’

There are growing concerns that the economic fallout from the current conflict in the Middle East will push Gulf nations – who collectively provided more humanitarian aid than the US last year – turning away from foreign assistance

The Times of India

'Tell Putin to stop': Zelenskyy calls on 'big players' Donald Trump, PM Modi and Xi Jinping to put pressure on Russia

Ukrainian President Zelenskyy urged global leaders, including PM Modi, to pressure Putin to end the war, stating mediation alone is insufficient. He emphasized unified international action over compromise. Meanwhile, Ukraine is bolstering defence ties in the Middle East, signing drone cooperation agreements with Saudi Arabia, Qatar, and the UAE.

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Euronews

'Recovery could take years’: EU energy commissioner forecasts future energy pain

European Energy Commissioner Dan Jørgensen has warned in exclusive comments to Euronews that, even if the Middle East conflict is resolved, energy prices will not stabilise to pre-war levels for years.

Euronews

Latvian defence minister has 'no doubt' US would aid NATO allies if needed

Latvian Defence Minister Andris Sprūds hailed an "excellent relationship" between the US and its allies despite President Donald Trump's inflammatory rhetoric and threats to exit NATO.

The Guardian - UK

Iran war hurting UK economy as consumer confidence falls; BP’s new chair suffers investor revolt – as it happened

UK consumer optimism drops for third month running, as people grow more worried about the economy and their personal financial situation

The Independent UK

Nuclear energy is having a global revival 40 years after Chernobyl

The 1986 Chernobyl nuclear disaster fueled global fears about nuclear energy and slowed down its development in Europe and other regions

The Mary Sue

Veterans Occupy the Cannon Rotunda in Protest of Overseas US-led Wars

Veterans from several coalitions and service member families gathered at the Cannon Rotunda in the US Capitol Building. They came to protest the Iran war and other military incursions in the Middle East early on Tuesday morning.

MarketBeat

Alcoa Rebounds as Aluminum Tightens, But a Q1 Miss Tests the Rally

Alcoa missed Q1 2026 estimates, but aluminum prices above $3,557 per metric ton and Middle East supply disruptions keep the bullish case for AA stock intact.

Fortune

$75 billion investment chief: Now is exactly the right time to double down in the Gulf

Conflict has global investors retreating from the Middle East but confusing volatility with vulnerability is the most expensive mistake right now.

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