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The Latest Breaking News from Middle East

European shares end at more than one-month high on tech boost

European shares closed at over a month's high, boosted by technology stocks and optimism surrounding a potential Middle East conflict resolution. AI advancements and French government investments in tech also fueled gains. However, rising inflation concerns and a stalled merger deal led to some stock declines.

The Economic Times

Pakistan army chief in Tehran as Iran weighs US peace offer

Pakistan's army chief arrived in Tehran for mediation efforts to end the Middle East war, as Iran considers a peace proposal amid reports of potential new US strikes. Diplomacy continues to secure the Strait of Hormuz, a crucial oil transit route, while fighting persists on the Lebanon front.

The Economic Times

US stocks today: Dow hits record high as Middle East hopes lift sentiment and Warsh takes Fed charge

US stocks rose as Dow hit an intraday record and S&P 500 extended its winning streak to eight weeks, supported by strong earnings and hopes of easing Middle East tensions. Tech stocks gained after Lenovo results lifted Dell and HP. Bond yields eased while Kevin Warsh was sworn in as…

The Economic Times

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Pakistan military chief arrives in Tehran in push to end Iran war

TEHRAN - Pakistan's powerful army chief arrived in Tehran on Friday, with Islamabad mediating as the Islamic republic examines a new US proposal to end the Middle East war.

Bangkok Post

Global risks converge, Thailand holds its cards

The past week delivered multiple warning signals from the global economy: a US-China summit that ended with smiles but little substance, the most severe global bond selloff in years, Federal Reserve minutes signalling a potential interest rate hike, and a Middle East war that has dragged on far longer than…

Bangkok Post

FTSE 100 edges up amid cautious US-Iran optimism

Stocks gained encouragement from lower oil prices as investors weighed the latest developments in the Middle East.

Evening Standard

Imperial Petroleum Q1 Earnings Call Highlights

Imperial Petroleum (NASDAQ:IMPP) reported sharply higher first-quarter 2026 results, with management saying the company benefited from a larger fleet and a surge in tanker rates tied to geopolitical disruptions in the Middle East. Chief Executive Officer Harry Vafias said the quarter marked the com

MarketBeat

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CAE Q4 Earnings Call Highlights

CAE (NYSE:CAE) reported higher fourth-quarter and full-year revenue for fiscal 2026, but management said weaker civil aviation training conditions, disruption tied to the Middle East conflict and transformation-related costs weighed on profitability and will continue to affect the company’s near-ter

MarketBeat

S&P flags pressure on Indian Oil as high crude prices squeeze margins

S&P Global Ratings warns Indian Oil Corporation faces mounting pressure to balance affordable fuel with profitability. Prolonged Middle East tensions are escalating crude oil prices, squeezing margins and potentially impacting IOC's earnings and liquidity over the next year. The agency highlights the challenge of absorbing losses from high crude costs…

The Economic Times

India's job engine strains as Iran war hits remittances and trade

The Middle East conflict is impacting India's economy by forcing migrant workers home and reducing demand for manufactured exports. This double blow is leading to unemployment and potential social unrest, as returning workers struggle to find comparable wages in India. The situation is particularly visible in industrial hubs like Kanpur,…

The Economic Times

Oil prices gain as investors doubt breakthrough in US-Iran peace talks

Oil prices saw a rise on Friday amid doubts about U.S.-Iran peace talks. Investors are concerned about Middle East instability and potential supply disruptions. Despite some narrowing of gaps, a deal remains elusive. Oil futures experienced an increase. The market is still set for a weekly decline. Full oil flows…

The Economic Times

Cantor Receives ADGM Approval, Expanding Middle East Investment Banking Platform

NEW YORK and ABU DHABI, UAE, May 21, 2026 /PRNewswire/ -- Cantor, a premier global investment bank and part of the Cantor Fitzgerald group of companies, today announced that The Financial Services Regulatory Authority ("FSRA") of ADGM, the international financial center of Abu Dhabi, has granted the firm approval to…

AAP

Stocks Slip Before the Open as Oil Rises on U.S.-Iran Peace Deal Uncertainty, PMI Data in Focus

June S&P 500 E-Mini futures (ESM26) are down -0.40%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.55% this morning as oil prices and bond yields climbed, with investors watching to see whether hopes for a peace deal in the Middle East will turn into tangible progress.

Barchart

Business Brief (May 21): U.N. Cuts Global Growth Forecast

Middle East conflicts slow growth, fuel inflation and heighten global uncertainty

Caixin Global

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The Economic Times

Man Industries strengthens India’s global footprint with ₹981 crore Saudi pipe company takeover

Man Industries (India) Ltd has completed the acquisition of a 100% stake in Saudi Arabia’s National Pipe Company for about USD 102 million (₹981 crore) through its subsidiary MISIC. The deal strengthens its international expansion in the pipe manufacturing sector and expands its presence in the Middle East.

Bangkok Post

Euro zone growth forecast cut because of war impact

BRUSSELS - The euro zone economy will expand less than expected this year, the European Commission said on Thursday, as the Middle East war and subsequent energy shock take their toll.

inkl

Top 5 Insurance Brokers in Dubai, UAE for Group Health Insurance

The UAE insurance market has grown into one of the most advanced in the Middle East, with total premiums exceeding $12 billion and health insurance contributing a significant share. In Dubai, employer-sponsored health insurance is mandatory under the Dubai Health Authority regulations, making group health coverage a critical requirement for…

MarketBeat

Smiths Group Q3 Earnings Call Highlights

Smiths Group (LON:SMIN) lowered its full-year organic revenue growth outlook after Middle East-related disruption weighed on its John Crane business in the third quarter, Chief Financial Officer Julian Fagge said on the company’s Q3 2026 trading update call. Fagge said Smiths’ organic revenue was f

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MarketBeat

easyJet H1 Earnings Call Highlights

easyJet (LON:EZJ) said its first-half performance for the period ended March 31, 2026, was in line with expectations and consistent with its April trading statement, while management emphasized that the airline is managing near-term geopolitical and fuel volatility from what it described as a strong

The Economic Times

Iran war rapidly wiping out the world’s oil stockpile cushion

Global oil stockpiles are shrinking at a record pace this month, with visible crude and fuel inventories falling by 8.7 million barrels daily. This sharp drawdown reflects severe supply disruptions tied to the Middle East conflict, leading to a tightening market and concerns about future availability.

France 24

First Gaza flotilla activists deported by Israel arrive in Turkey

The first group of foreign activists from the Global Sumud aid flotilla arrived in Turkey on Thursday after Israel deported them following global outcry over their treatment in custody. A viral video released Wednesday showed Israeli National Security Minister Itamar Ben-Gvir heckling the detained activists as they were bound and…

The Economic Times

Global Market Today: Asian stocks rise on Iran optimism, Nvidia slips

Asian equities surged, mirroring Wall Street's gains as optimism surrounding US-Iran talks eased Middle East tensions. Crude oil and bond yields declined, while South Korean stocks and Samsung Electronics saw significant increases. Despite a general market rebound, Nvidia's shares experienced a slight dip following its sales forecast.

The Economic Times

Iran warns any renewed conflict with the US could spread 'far beyond the Middle East'

Iran said on Wednesday it was examining a new US proposal to end the Middle East war, as President Donald Trump described the talks as being on the "borderline" between a deal and renewed strikes. Ghalibaf warned of a "forceful response", while Iran's Revolutionary Guards said any renewed conflict would…

Bangkok Post

Chinese jewellery brand targets Southeast Asia

Unfazed by prolonged geopolitical conflict in the Middle East, leading Chinese jewellery brand Chow Tai Fook (CTF) has expanded internationally, eyeing more outlets in Southeast Asia in addition to its recently opened concept store in Bangkok.

The Times of India

UK quietly eases Russian oil sanctions as petrol prices climb to highest since 2022 amid Iran conflict

Britain is recalibrating its approach to Russian oil imports by introducing restrictions on refined products at a measured pace. This strategy, driven by escalating energy market volatility linked to conflicts in the Middle East and climbing fuel prices, seeks to mitigate the risk of abrupt supply shortages.

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