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The Latest Breaking News from the Middle East

Trump threatens to seize control of Iran’s oil industry as attacks continue

The US raises the stakes as the continued exchange of fire risks the return of a full-scale conflict in the Middle East.

Evening Standard

Global growth is slowing to lowest level since pandemic, says World Bank

Forecast for this year downgraded to 2.5% and inflation expected to jump as a result of war in the Middle East

The Guardian - UK

Trump threatens to take 'total control' of Iran's oil industry as ceasefire teeters

U.S. President Donald Trump threatens to launch major strikes on Iran and seize control of its oil and gas industries as continuing attacks between the warring countries pushed the Middle East closer to the resumption of a full-scale war

AAP

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ECB hikes interest rate by 25 bps, first since 2023 to tame Iran war inflation

The European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This move aims to combat accelerating inflation, driven by the Middle East war's energy shock, despite concerns for the struggling eurozone economy. The ECB also lowered its growth…

The Economic Times

About 19 million from India and several other countries migrated to Gulf countries since 2010: Study

A new study reveals that approximately 19 million people have migrated from India, Pakistan, and Bangladesh to the Middle East since 2010, averaging 1.35 million annually. This upward trend, driven by demographic shifts and economic development, highlights the growing significance of migration flows, particularly from South Asia.

The Economic Times

UK, Australia, and Canada Announce Launch of Major New International Fund to Scale Civil Society and Tackle Root Causes of Israeli-Palestinian Conflict

LONDON, June 11, 2026 /PRNewswire/ -- Amid continuing instability in the Middle East, three world powers combined forces today with a long-term policy shift aimed at breaking out of the stalemate. At a foreign ministerial meeting in Chevening, the UK, along with partners Australia and Canada, said they have each…

AAP

IndiGo says it is monitoring Middle East situation, assures passengers on safety

IndiGo has issued a travel advisory for passengers flying to and from the Middle East, assuring them of its commitment to safety amidst evolving regional tensions. The airline is closely monitoring the situation and coordinating with authorities, urging travelers to check flight statuses for the latest updates.

The Economic Times

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DC-Side Safety Protection Upgrade: Sungrow SG510HX Completes Extreme Test at 4,200 m

HEFEI, China, June 11, 2026 /PRNewswire/ -- Sungrow recently announced that its SG510HX utility string inverter (SG465HX for the Middle East region, offering equivalent performance) successfully completed an extreme safety challenge at a 4,200-meter-altitude PV plant. Conducted under harsh high-altitude conditions, the test aims to identify the product's safety boundary…

AAP

UN atomic watchdog demands urgent cooperation from Iran and access to nuclear sites

The resolution comes at a time of heightened tensions in the Middle East, with the US having launched airstrikes against Iran early on Wednesday and Tehran firing back at countries in the region.

Euronews

Donald Trump Warns Iran Will 'Pay the Price' as Peace Deal Hopes Fade

Donald Trump's promise of a peace deal with Iran remains unfulfilled as tensions escalate, marked by recent military confrontations and retaliatory strikes in the Middle East.

International Business Times UK

Is Iran plotting something big in U.S., Europe? Details here

US President Donald Trump on Wednesday said that Iran has taken too long to negotiate a deal over the conflict in the Middle East and will now "have to pay the price."

The Economic Times

Trinasolar and Ecohope Solar Sign 600MW MoU to Distribute Latest Vertex G3 Modules Across Southeast Asia, the Middle East and Africa

SHANGHAI, June 10, 2026 /PRNewswire/ -- Trinasolar, a global leader in smart PV and energy storage solutions, has signed a Memorandum of Understanding (MoU) with Ecohope Solar, a global PV and ESS solutions provider with offices in China, Thailand and the UAE. The MoU was signed at SNEC PV Power…

AAP

Hiring slows as AI skills demand stays strong

Hiring demand across Asia Pacific and the Middle East is easing in the third quarter of 2026, but employers continue to prioritise skills, particularly in artificial intelligence and communication, according to a new ManpowerGroup survey .

Bangkok Post

US inflation hits 4.2% in May as Trump’s Middle East conflict drives up prices - as it happened

US inflation hits a three-year high in May

The Guardian - UK

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The Economic Times

Market wrap: Sensex rises 64 points, Nifty closes below 23,250; broader markets crash

Indian stock markets saw mixed trading as the Sensex eked out marginal gains while the Nifty slipped into the red. Small and midcap indices experienced significant declines. Geopolitical tensions between Iran and the US resurfaced, impacting market sentiment, though oil prices cooled down.

The Economic Times

Asian stocks decline, oil prices gain as US hits Iran

Asian markets saw a decline as technology shares faced renewed selling pressure. Tensions in the Middle East intensified following US strikes on Iran, causing crude oil prices to rise. Investors are now closely watching upcoming US inflation data for clues on potential Federal Reserve interest rate decisions.

Bangkok Post

Mideast conflict may delay Minor's REIT, IPO plans

The Middle East conflict could delay Minor International Plc's plans to launch its real estate investment trust (REIT) and initial public offering (IPO) in Singapore, although the timeline is still expected to fall in the second half of the year.

Bangkok Post

Mideast war dents KBank asset quality

Kasikornbank (KBank) expects the ongoing war in the Middle East to weigh on the bank's asset quality in the second half of the year, while pledging to provide proactive support and relief measures for customers affected by the conflict.

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AAP

FED:Motorists brace for higher prices as fuel tax cut ends

Australia is unlikely to extend the temporary halving of the fuel excise, as conflict in the Middle East breaks out ending the fragile ceasefire.

AAP

Motorists set to pay more for fuel as tax cut ends

Motorists will face higher fuel prices at the bowser in the coming weeks as the federal government flags the end of the temporary cut to the excise.

Latin Times

Iran Accuses U.S. of Influencing FIFA After Fans, Staff Barred From Entering Country and World Cup Matches

As the United States and Iran remain locked in a military conflict in the Middle East, the Iranian squad set to represent the country at the 2026 World Cup has felt the impact. Many players, members of the coaching staff and officials with the Iranian federation have had their visas…

The Times of India

'Deeply alarmed': UN chief calls for 'immediate stop' to renewed attacks in Middle East, urges dialogue

In light of the increasingly volatile situation in the Middle East, UN Secretary-General António Guterres has expressed his deep concerns, calling for an immediate cessation of hostilities and adherence to ceasefire agreements in Lebanon, Iran, and Gaza.

AAP

Nasdaq fall as tech sell off resumes on Wall St

US stocks have closed lower as technology stocks resumed a sell-off after a short-lived bounce and Donald Trump said Iran had shot down a US Apache helicopter.

The Economic Times

Global Markets: European shares edge higher with banks in the lead; the Middle East in focus

European markets saw a rise on Tuesday. Banking stocks led the gains, with Italian lenders drawing attention. Tech stocks stabilized after recent volatility. GSK shares fell following a deal to acquire Nuvalent. UBS saw an increase on reports of potential capital requirement adjustments. Investors monitored developments in the Middle East…

The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (June 9, 2026) at Tanishq, Joyalukkas, Kalyan Jewellers, Malabar Gold & Diamonds and IBJA

Gold prices saw a rise on Tuesday, June 9, 2026. Major jewellery brands like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas reported higher rates. The India Bullion and Jewellers Association also noted an increase. Investors are closely watching developments in the Middle East for further market cues.

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