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The Latest Breaking News from Middle East

Australian shares pare early gains for modest rebound

Hopes of a timely end to the Middle East conflict sparked a relief rally on the local bourse, but the optimism was limited, capping gains by the close.

AAP

Oil prices fall and stocks rebound after Trump says Iran war could end ‘very soon’

FTSE 100 opens higher and European markets rise as US president describes conflict as ‘very complete’

The Guardian - UK

Wet February dampens retail sales amid Middle East conflict threat to confidence

Total UK retail sales increased by just 1.1% year on year, against already sluggish growth last February and well below the 12-month average of 2.3%.

Evening Standard

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2 High-Yield Dividend Stocks to Buy Now Amid the U.S.-Iran War

J.P. Morgan’s more bullish stance on select European majors makes sense here, because Eni and TotalEnergies combine mid‑single‑digit yields, below‑sector valuation multiples, and diversified upstream, downstream, and renewables portfolios that can monetize a sustained Middle East risk premium while still paying investors to wait.

Barchart

State Department orders drawdown at more Mideast diplomatic missions as familiar criticism mounts

The State Department has drawn down personnel at more U.S. diplomatic missions in and around the Middle East as it comes under increasing but historically familiar criticism for not doing enough to prepare

The Independent UK

Iran’s new supreme leader brings mystery element to Middle East crisis

What Mojtaba Khamenei will do with his leadership is now the key question after he succeeds his father

The Guardian - UK

Major airline extends suspension of Middle East flights as Iran war rages

IN FULL

The Independent UK

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Crude Prices Surge after Israel Bombs Iranian Fuel Depots

April WTI crude oil (CLJ26 ) today is up +5.49 (+6.04%), and April RBOB gasoline (RBJ26 ) is up +0.0878 (+3.25%). Crude oil and gasoline prices today are sharply higher after Israel on Saturday bombed 30 Iranian oil depots. In addition, Saudi Arabia became the latest Middle East oil producer...

Barchart

Macron announces 'defensive' mission to reopen Strait of Hormuz

President Emmanuel Macron on Monday warned that an attack on Cyprus was an attack on all of Europe and said France and its allies were preparing a "defensive" mission to reopen the Strait of Hormuz as the Middle East war entered its second week.

Radio France Internationale

Is This The Last Chance To Buy Dubai Property Before Prices Surge Again?

Dubai's record $250bn real estate boom faces new questions as geopolitical tensions in the Middle East prompt investors to reassess risks and opportunities.

International Business Times UK

Macron visits Cyprus as Europe tightens security in eastern Mediterranean

French President Emmanuel Macron is in Cyprus to show support and bolster defences after a drone strike heightened fears the Middle East conflict could spill onto European soil.

Radio France Internationale

Trump Dismisses Oil Spike Fears and Calls Critics 'Fools' as Other Countries Scramble for Oil Reserves

US President Trump downplays the crisis, calling it a minor sacrifice for global security. But the recent escalation in the Middle East has led to a significant rise in oil prices, prompting an emergency meeting among G7 leaders.

International Business Times UK

Why Gas Prices Spike During Middle East Conflicts — And How Long It Usually Lasts

A missile launch thousands of miles away can push the price of gasoline up before the next morning commute even begins. That reality surprises many people, yet global oil markets react with lightning speed whenever tension rises in the Middle East. Traders, governments, and energy companies all watch the region…

Everybody Loves Your Money

How much will your energy bills and petrol prices rise by on the back of the Middle East war?

Consumers will see prices rise due to turmoil in the Middle East – but by how much?

Evening Standard

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Evening Standard

What does war in the Middle East mean for my finances?

Here, the Press Association looks at how the conflict could impact people’s finances in different ways.

The Independent UK

Iraq want World Cup play-off delay amid Middle East conflict

IN FULL

Barchart

Stocks Set to Open Lower as Oil Prices Surge Above $100 on Middle East Conflict

March S&P 500 E-Mini futures (ESH26) are down -1.08%, and March Nasdaq 100 E-Mini futures (NQH26) are down -1.12% this morning, pointing to further losses on Wall Street as the escalating Middle East conflict triggered fresh turmoil in energy markets.

The Guardian - UK

G7 ready to take ‘necessary measures’ over economic impact of Iran war

Finance ministers monitoring situation but stop short of agreeing to release emergency oil reserves

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Evening Standard

FTSE 100 Live 09 March: Markets slump as oil price tops $100, inflation fears mount

Global stock markets are deep in the red after the Brent Crude oil price this morning soared as high as $119 a barrel.

The Guardian - AU

Why has the Iran war sparked fears of stagflation for the global economy?

Conflict in the Middle East risks knocking growth worldwide and boosting prices, economists warn, amid global market turbulence

The Guardian - AU

Australia has been asked to assist Middle East nations coming under fire from Iran. What could that look like?

Defence analysts say the world-class capability of the RAAF’s Wedgetail aircraft could help against drone and missile strikes carried out by Iran

The Independent UK

Ukraine-Russia war latest: Trump says he will loosen oil sanctions after ‘very good’ call with Putin

Zelensky says Ukraine sent interceptor drones and operators to US bases in Jordan

The Guardian - AU

ASX closes after $90bn wiped from sharemarket amid spike in oil prices over Middle East crisis

Benchmark S&P/ASX 200 closes down by 2.85%, marking the single biggest one-day drop since Donald Trump’s ‘liberation day’ tariffs announcement

The Times of India

SalamAir issues urgent travel advisory after suspending flights to multiple destinations amid Iran vs US-Israel war

Low-cost carrier SalamAir has temporarily suspended flights to several Middle Eastern destinations, including Iraq, Lebanon and Iran, until March 28, 2026 and Kuwait City, Sharjah, Doha and Dammam until March 20, 2026. This decision stems from widespread airspace closures and safety concerns due to escalating geopolitical tensions, impacting thousands of…

The Guardian - AU

Ukraine war briefing: drone experts will be in Middle East in coming days, says Zelenskyy

Ukrainian president hopes for reciprocal support for Kyiv in repelling Russian forces. What we know on day 1,474

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