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The Latest Breaking News from the Middle East

Aust shares drop again as yields rise, tensions soar

The local share market lost 1.2 per cent on the day and 2.1 per cent for the week on rising US bond yields and broader fighting in the Middle East.

AAP

What the papers say – October 20

The conflict in the Middle East features across the papers in the UK.

The Independent UK

Consumer confidence plunges in run-up to festive season

GfK said accelerating costs of energy, fuel and mortgages combined with uncertainty in the Middle East is behind the fall.

The Independent UK

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'Russia benefits from the war in the Middle East': Ukraine's FM Kuleba

Amid the ongoing war between Israel and Hamas, Ukraine's Foreign Minister Dmytro Kuleba told FRANCE 24's Marc Perelman that "Russia benefits from the war in the Middle East". However, he said that Ukraine's partners were "confident" that "politically", the Israel-Hamas conflict "should not overshadow what is happening in Ukraine". He…

France 24

Rishi Sunak holds joint press conference with Benjamin Netanyahu in Israel

THE Prime Minister has warned the war between Israel and Hamas must not “escalate” across the Middle East as he toured the region to meet with…

The National (Scotland)

Biden’s Israel trip reflects a deeply flawed and hypocritical foreign policy

The Biden administration also bears a wider responsibility for the deterioration in Gaza and the extinguishing of Palestinian political aspirations

The Guardian - US

OPINION - Ground invasion may set the Middle East alight

Israel risks making the same mistakes the US did after the 9/11 attacks, writes Sky News International Correspondent Alex Rossi

Evening Standard

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Terror attacks on Israel ‘seen as cause for celebration’ government’s extremism adviser warns

Robin Simcox, the commissioner for countering extremism, will say that government must have confidence ‘taking on extreme ideologies’

The Independent UK

PM arrives in Israel to ‘express solidarity’ over October 7 Hamas attacks

In a meeting with President Isaac Herzog, Rishi Sunak said he has ‘not just a right’ but a ‘duty’ to restore security to the country.

The Independent UK

UK’s FTSE 250 index hits one-year low; crypto firms Gemini, Genesis and DCG sued – business live

Three crypto groups are being sued by New York for allegedly defrauding investors of $1.1bn, while financial markets remain on edge

The Guardian - UK

Israel defence minister tells troops they will soon see Gaza – as it happened

This blog is now closed. You can find the latest updates here.

The Guardian - US

No landmark shows for Palestine despite solidarity call

Governments have come under fire for inconsistency in their response to the conflict in the Middle East after public displays of solidarity with Israel.

AAP

Aust shares plunge as Middle East conflict deepens

The ASX200 has fallen below 7000, again putting the benchmark index in the red for the year, amid fears about the conflict in the Middle East.

AAP

Italy suspends open border with Slovenia, citing increased terror threat as Mideast violence spikes

Italy says it is suspending an open-border agreement with neighboring Slovenia, citing an increased threat of terrorism in Europe due to violence in the Middle East

The Independent UK

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Barchart

Consider This Value-Priced Energy Stock as Oil Prices Rise

Valero Energy has been a strong performer over the past decade, delivering outsized gains to shareholders. With tensions flaring in the Middle East, is this energy stock a good buy right now?

The Guardian - UK

Joe Biden’s peace mission to Israel exposed the limits of US global influence

The stakes couldn’t be higher. A wider war in the Middle East could embolden Russia in Ukraine and encourage China over Taiwan, says Guardian columnist Martin Kettle

The Street

The government is telling you to avoid traveling to these places right now

While fighting in the Middle East is escalating, a number of other countries are also under the highest level of travel warning.

Reason

Can America Help 'De-escalate' in the Middle East?

Join Reason on YouTube and Facebook at 1 p.m. Eastern this Thursday for a discussion with Trita Parsi of the Quincy Institute about the Israel-Hamas war.

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Al Jazeera

Second day of protests across the Middle East after Gaza hospital strike

Large crowds of demonstrators take to streets in several cities in the region, including Beirut, Amman and Tunis.

InsideEVs

Tesla Model Y’s Most Expensive Paint Option Is Now Cheaper Than Ever

In the latest price update that nobody bothered to officially announce, Tesla made its most expensive paint option – Midnight Cherry Red – a bit more affordable for customers in Europe and the Middle East.

The Conversation

Biden in Israel: How U.S. foreign policy has played a big role in the Israel-Hamas war

U.S. President Joe Biden is in Israel to lend support to the country in the midst of an already bloody war between the Israelis and Hamas, including the bombing of a Gaza City hospital that has left hundreds dead.

The Guardian - UK

How will the Israel-Hamas war affect oil prices and the global economy?

Economists are examining how the conflict could escalate as they plan for the next big global shock

Evening Standard

OPINION - The Standard View: Gaza hospital blast sends shockwaves through the Middle East

US president Joe Biden has descended into a Middle East which is in convulsions. Last night, 500 people were feared to have been killed following the bombing of the Al-Ahli al-Arabi hospital in Gaza.

Barchart

S&P Futures Plunge as Middle East Fears Weigh on Sentiment, Tesla and Netflix Earnings on Tap

December S&P 500 futures (ESZ23) are trending down -0.45% this morning as uncertainties lingered in the Middle East, and investors weighed the possibility of further rate hikes by the Federal Reserve while eagerly awaiting earnings results from U.S. heavyweights Tesla and Netflix.

Barchart

S&P Futures Drop as Middle East Fears Weigh on Sentiment, Tesla and Netflix Earnings on Tap

December S&P 500 futures (ESZ23) are trending down -0.34% this morning as uncertainties lingered in the Middle East, and investors weighed the possibility of further rate hikes by the Federal Reserve while eagerly awaiting earnings results from U.S. heavyweights Tesla and Netflix.

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