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The Latest Breaking News from the Middle East

Trump’s Iran war costs UK drivers £4bn in higher fuel prices

Iran’s Strait of Hormuz blockade led to oil prices hitting their highest level since 2022

The Independent UK

French-UK mission 'ready' to aid Hormuz reopening, says Macron

France's president on Monday said that a military mission set up by Paris and Britain to help with Strait of Hormuz traffic was ready to deploy, following the announcement of an US-Iran deal to end the war in the Middle East, including in Lebanon. Israel insists it is not bound…

Radio France Internationale

Iran take centre stage at World Cup as Spain make bow

LOS ANGELES - Iran will take centre stage at the World Cup on Monday after arriving in the United States following a build-up shrouded by uncertainty due to war in the Middle East.

Bangkok Post

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Iran-US war latest: Vance says deal text may be released early as Netanyahu warns he and Trump ‘don’t see eye to eye’

A White House official said Trump’s Iran deal does not include Israel’s conditional withdrawal from Lebanon amid its conflict with Hezbollah

The Independent UK

FED:US and Iran peace deal 'kicking the can down the road'

While Australia is welcoming a deal to end the war in the Middle East, one high-profile academic believes the agreement is likely only temporary.

AAP

US and Iran agree to 'immediate' end of military operations in memorandum of understanding

US and Iran agreed to an “immediate and permanent” end to military operations under a surprise memorandum of understanding announced via mediator Pakistan on Sunday, with both sides confirming a signing ceremony in Switzerland. The agreement includes plans to reopen the Strait of Hormuz, ease sanctions and begin further negotiations…

France 24

Trump warns of renewed strikes on Iran if nuclear talks fail, says US could become ‘guardian of the Middle East’

President Trump has warned Iran of renewed military action or a significant financial demand if a nuclear deal isn't reached. He asserted his agreement would ensure free passage through the Strait of Hormuz, claiming he'd protected Israel from nuclear threats despite Israeli objections.

The Economic Times

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Fuel tax decision imminent after US-Iran peace deal

The federal government is weighing up whether to continue offering motorists discounted petrol and diesel amid hopes of an end to the US-led war in Iran.

AAP

Trump says deal to end war will be signed on Sunday, Iran questions timing

Pakistan and the U.S. announced an initial deal to end the Middle East war, with an electronic signing planned for Sunday. Iran, however, denied the immediate signing, citing hesitation from the other side. The proposed agreement includes reopening the Strait of Hormuz and releasing frozen Iranian assets, though details on…

The Economic Times

Iran To Hold Khamenei Funeral As Mediators Dangle Requiem For Middle East Conflict

Khamenei was killed in the initial wave of strikes unleashed by the Israel and the United States on February 28, plunging the Middle East into a conflict that has stretched on to more than 100 days.

International Business Times

US and Iran prepared for a ground war over uranium before truce talks drew closer: Report

The United States and Iran appear closer than ever to signing a deal aimed at ending months of conflict across the Middle East. Pakistani Prime Minister Shehbaz Sharif said on Friday that Washington and Tehran had agreed on a "final, agreed upon text", while Iranian Foreign Minister Abbas Araghchi said…

The Times of India

Pakistan PM says US-Iran peace deal signing expected within 24 hours

Pakistan's Prime Minister Shehbaz Sharif announced a significant development. The United States and Iran have reached an agreement on a peace deal framework. This accord is set to end the ongoing conflict in the Middle East. A final text has been agreed upon. Pakistan is now preparing for an electronic…

The Economic Times

US says downed multiple Iran drones as both insist deal closer

The United States said it downed multiple Iranian drones targeting commercial ships in the Strait of Hormuz early Saturday, hours after both sides said a deal to end the Middle East war was closer than ever.

Radio France Internationale

Oil nears two-month lows on reports of imminent US-Iran peace deal

Oil prices dropped significantly, reaching their lowest point in nearly two months as U.S. and Iranian officials indicated a potential agreement to de-escalate tensions in the Middle East. Reports suggested a memorandum could be signed soon, impacting global oil markets and the Strait of Hormuz.

The Economic Times

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France 24

'We need more clean, homegrown, cheap European energy': EU Climate Commissioner

With Europeans sizzling in a record-breaking heatwave in May, and lands and rivers facing severe drought conditions in April, the effects of extreme climate-related events are becoming increasingly obvious. We sit down with the EU's Commissioner for Climate, Net Zero and Clean Growth, Dutch politician Wopke Hoekstra, to talk about…

Barchart

Why Have Heating Oil and Distillate Prices Been Volatile?

NYMEX heating oil futures are a proxy for jet and diesel fuels, which are middle distillate products. Since Brent crude oil has a slightly higher sulfur content than West Texas Intermediate crude oil, Brent is more appropriate for refining into middle distillate products.

Euronews

UK economy shrinks in April as the Iran war energy shock takes a toll

Britain's economy contracted by 0.1% in April, the first monthly fall since August 2025, as the conflict in the Middle East pushed up energy costs and prompted households to rein in their spending.

The Economic Times

UK economy shrinks in April as Middle East war hits

Britain's economy contracted in April as the Middle East war hit growth, official data showed Friday, dealing a setback to Prime Minister Keir Starmer as he grapples with a political crisis. "We expect the economy to continue to fade as the year goes on, and particularly for as long as…

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The Economic Times

Is India's economic growth real? Raghuram Rajan says something is off

Former RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign capital inflows. He argues these factors are difficult to reconcile with official data, suggesting a disconnect between headline numbers and business behavior. Rajan also highlights the lack of a clear economic roadmap…

Evening Standard

The UK economy contracted by 0.1% in April

In the three months to April, GDP grew by 0.7 per cent, according to the Office for National Statistics

Evening Standard

Oil price falls to three-month low and stocks rally on hopes of US-Iran deal

Financial markets were rebounding at the end of a week which began with renewed tensions in the Middle East.

Radio France Internationale

Israeli and Palestinian groups urge action on two-state solution in Paris

Israeli and Palestinian civil society groups will meet in Paris on Friday to urge the international community not to abandon a two-state solution, as France seeks to keep the issue on the agenda amid the ongoing war in the Middle East.

The Independent UK

UK economy shrank by 0.1% in April following impact of Iran war

Rachel Reeves acknowledged that the war in the Middle East was hitting the economy

France 24

'Acknowledging rights and needs of Israelis and Palestinians: Shared path towards a secure future'

François Picard is pleased to welcome Avi Meyerstein, co-founder and president of the Alliance for Middle East Peace (ALLMEP). At a moment when international attention is increasingly consumed by conflict across the Middle East, Meyer argues that the crises currently unfolding are not isolated events but manifestations of unresolved political…

Bangkok Post

Refiners adjust sourcing as war rattles markets

Thailand's major oil refineries continue to operate smoothly and supply the nation with refined oil despite escalating conflict in the Middle East, according to the Federation of Thai Industries' Petroleum Refining Industry Club.

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