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The Latest Breaking News from the Middle East

$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.

Fortune

Tui says Iran war cost operator £35m in March

Holiday giant Tui reported a financial blow of approximately €40 million (£34.8 million) in March, directly attributed to the conflict in the Middle East. This cost was primarily due to the repatriation of around 5,000 passengers from two cruise ships near Abu Dhabi, with their itineraries now cancelled until mid-May.…

The Independent UK

What intentional communities can teach us about resilience amid global instability

As conflict intensifies in the Middle East, energy markets swing wildly and the cost of living keeps climbing, a pressing question is emerging for anyone who is tied in to the fluctuating energy and food markets: how do we build resilience?

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

Tui cuts profit forecast as effects of Iran war cost travel group €40m

Firm had to repatriate almost 12,000 guests and staff, including from two cruise ships in Abu Dhabi and Doha

The Guardian - UK

Shoe Zone set to slump to loss as it warns over Iran war hit to trading

The retailer said the Middle East conflict was partly to blame for lower shopper confidence and is also pushing up costs.

Evening Standard

Coles adds 20c to the price of milk as war in the Middle East pushes up Australian grocery costs

Farmers have been calling for higher prices for weeks, amid soaring diesel and fertiliser costs and limited supply

The Guardian - AU

Newsletter: EU set to unlock €90 billion for Ukraine after Hungary power shift

Also on today's newsletter: Luxembourgish Foreign Minister Xavier Bettel and former Finnish Prime Minister Sanna Marin joined us.

Euronews

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The everyday items facing price rises amid Iran war oil shock: From toys to pens and shaving cream

The tremors of the Middle East war are reaching the far corners of the economy

The Independent UK

Refinery owner reaps profit boost from Middle East war

Ampol, which supplies about 10 per cent of the nation's fuel supplies, has seen a big jump in margins on the back of the war in the Middle East.

AAP

Halliburton CEO: U.S. oil rebound enters ‘early innings’ as Iran war triggers long-lasting global push for energy outside the Middle East

The smaller U.S. producers are the first movers bringing new oil wells online.

Fortune

Why Have Gasoline and Heating Oil Futures Diverged?

Crude oil prices have been a focal point for markets across all asset classes. As crude oil prices rose in response to the military conflict in Iran and Iran’s regional retaliation in the Middle East, oil product prices soared. However, heating oil and distillates experienced more extreme rallies than gasoline.

Barchart

Mysterious German skull found in 1973 was once thought to be a Neanderthal hybrid; new study reveals the truth

In 1973, a partial human skull was uncovered in Hahnöfersand, Germany, during archaeological work. It did not come with any clear cultural objects nearby, which made early classification difficult. At first glance, the bone seemed unusual. Its shape carried features that looked partly Neanderthal and partly modern human. That observation…

The Times of India

EU to boost jet fuel imports from the United States amid shortage fears

EU Transport Commissioner Apostolos Tzitzikostas has said there are no indications of jet fuel shortages, but stressed the importance of acting quickly and appropriately. The use of emergency stocks is under consideration "if real supply issues arise".

Euronews

Oil Prices Ease to $94 as US-Iran Talks Offer Hope but Hormuz Risks Linger

World oil prices slipped modestly Tuesday amid tentative optimism over U.S.-Iran diplomatic efforts, with Brent crude hovering near $94.70 per barrel as traders weighed mixed signals from the Middle East against lingering threats to global energy supplies.

International Business Times

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Radio France Internationale

France seeks €4bn savings to cover cost of Middle East war

French Prime Minsiter Sebastien Lecornu has asked the government to find €4 billion in additional savings to cover the costs of the war in the Middle East, which Finance Minister Roland Lescure estimates will cost France between €4 and €6 billion.

The Guardian - UK

Decision on EU’s €90bn loan for Ukraine ‘due in next 24 hours’ after Zelenskyy says oil pipeline repaired – as it happened

EU’s foreign policy chief, Kaja Kallas, says there is ‘new momentum’ after Hungarian election as Ukrainian leader says Druzhba pipeline can resume operations

The Independent UK

Fuel thefts spike as petrol stations see huge increase in ‘drive-offs’

This surge coincides with a sharp rise in fuel costs since the Middle East conflict

AAP

'Limited visibility': iron ore miner eyes Middle East

One of Australia's biggest corporate tax payers is keeping a close eye on the Middle East conflict, on concerns it may impact the latter half of 2026.

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Barchart

Is GOOG Stock a Buy Ahead of Q1 Earnings and Amid Fragile Peace in the Middle East?

Alphabet stock is approaching its record highs after last week's rally. However, the stock's near-term risk-reward does not look too favorable given the rich valuations and volatile macro environment.

Barchart

Dollar Climbs as US-Iran War Tensions Rise

The dollar index (DXY00 ) today is up by +0.08%. The dollar is climbing today on ramped-up tensions in the Middle East after Iran on Saturday said the Strait of Hormuz was closed for shipping following a refusal by the US to lift a naval blockade of Iran's vessels. Also,...

International Business Times

Large Energy Companies Speed Up Search For New Ventures Far From The Middle East Due To War Uncertainty: Report

Large energy companies are speeding up energy projects far from the Middle East as uncertainty related to the war in Iran lingers, according to a new report.

Barchart

Occidental Petroleum Stock Is Off Its Peak - Time to Buy OXY or Short OTM Puts?

Occidental Petroleum (OXY) stock is well off its recent peak prices. However, tensions in the Middle East are not over, and oil could spike again. It could be time to buy OXY or short out-of-the-money puts.

Barchart

Stocks Set to Open Lower as Oil Jumps After U.S.-Iran Tensions Flare Up; Economic Data and Earnings Awaited

June S&P 500 E-Mini futures (ESM26) are down -0.42%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.43% this morning, pointing to a lower open on Wall Street as oil prices surged following a weekend flare-up in U.S.-Iran tensions.

The Conversation

Here’s how using more recycled plastic could ease the pain of oil shocks

As the crisis in the Middle East continues, much of the public focus has been on fuel prices and the cost of living. But there’s another oil-related product that often gets overlooked: plastic.

AAP

Big bank takes action as Middle East crisis rolls on

National Australia Bank has followed Westpac to apply new measures to head off the impact of the Middle East conflict on its balance sheet.

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Apostolos Tzitzikostas

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