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The Latest Breaking News from the Middle East

Unemployment rate rises and vacancies slump in first signs of Iran war jobs hit

Experts said the gloomy ONS figures showed the beginning of a hit to jobs from the energy shock caused by the Middle East conflict.

Evening Standard

High gas prices are just the beginning: How the Iran war is changing the global energy map

The largest global energy-supply shock in history is causing chaos around the world. Here are the winners and losers.

Fortune

Oil above $100: How soaring crude prices are hitting India - explained in 10 charts

Geopolitical tensions in the Middle East are significantly impacting India's economy. Rising crude oil prices have led to a Rs 3 per litre fuel hike, eroded investor wealth by over Rs 5.85 lakh crore, and pushed the rupee to an all-time low. Foreign investors are also withdrawing funds, while the…

The Economic Times

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Middle East tourism pain is Europe's gain

Europeans are choosing to vacation closer to home as the war in the Middle East has amplified security concerns and made long-haul flights more expensive. "Many European travellers who are hesitant to travel to the Middle East, in the eastern Mediterranean (Turkey, Greece or Egypt) or destinations even closer to…

The Economic Times

Dollar steadies from weakness as Trump calls off planned attack on Iran

The dollar gained strength as U.S. President Donald Trump halted a planned attack on Iran. This move eased fears of a wider conflict. Bond markets also stabilized after a recent selloff. Investors are watching for further developments in the Middle East and their impact on global markets. The Japanese yen…

The Economic Times

Yalla Group Q1 Earnings Call Highlights

Yalla Group (NYSE:YALA) reported first-quarter 2026 revenue of $79 million, down from $83.9 million a year earlier, as management said geopolitical uncertainty in the Middle East weighed on user sentiment and paying users. The Dubai-based social networking and gaming company said results were in lin

MarketBeat

Trump Exposed Plans to Attack Iran But Holds Off on Threat; Here's Why He Changed His Mind

President Trump unexpectedly halted plans to attack Iran after receiving requests from Middle Eastern leaders, citing ongoing negotiations and the potential for a nuclear-free deal.

International Business Times UK

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Pakistan hands US revised Iranian proposal for ending war

Pakistan has shared a revised peace proposal from Iran with the United States. The proposal aims to end the ongoing war in the Middle East. Talks have stalled, and time is running out to bridge differences. Iran is prepared for all scenarios. Drone attacks continue, impacting oil prices and global…

The Economic Times

Why European households throw away so much food – and how to curb the waste mountain

Europe is wasting huge amounts of food while millions of people globally experience hunger. Wars in Ukraine and the Middle East have squeezed supply chains. The cost of living crisis has pushed many families to the edge.

The Conversation

Etihad, Uzbekistan Airways sign codeshare deal to connect eight Uzbek cities via Tashkent

Etihad Airways and Uzbekistan Airways have inked a codeshare deal, enabling seamless travel to eight Uzbek cities via Tashkent. This partnership, launching August 9, 2026, alongside Etihad's new Abu Dhabi-Tashkent route, promises enhanced connectivity for travelers exploring Uzbekistan's rich Silk Road heritage and the Middle East.

The Economic Times

'Clock is Ticking,' Trump again warns Iran as nuclear deal talks hit deadlock

US President Donald Trump has issued a stern warning to Iran regarding stalled nuclear negotiations. He stated that time is running out for Tehran to reach an agreement on uranium stockpiles and sanctions relief. Both nations remain far apart on key demands. Tensions are high in the Middle East, with…

The Economic Times

Iran’s next move after blocking Hormuz? Tehran is now eyeing the Gulf’s hidden arteries

Iran’s widening war with the US and much of the Middle East appears to be entering a new phase. After using the Strait of Hormuz as leverage during months of military escalation, Tehran is now signalling that it could target another critical global chokepoint: the vast network of subsea internet…

The Times of India

‘There won’t be anything left’: Trump says ‘clock is ticking’ for Iran as nuclear talks stall

US President Donald Trump intensified pressure on Iran on Sunday as diplomatic efforts to end months of conflict in the Middle East appeared to edge closer to collapse. Trump issued a stark warning on social media following a call with Israeli Prime Minister Benjamin Netanyahu, signalling growing frustration over stalled…

The Times of India

The internet thinks another war between Iran and the U.S. is imminent after suspicious explosions rock Israel and the UAE

The ceasefire between the United States and Iran was already held together with duct tape and denial, and now, it’s finally crumbling into all-out war in the Middle East again.

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International Business Times

Drone Strike On UAE Nuclear Plant Sparks Alarm Over Shaky Iran Truce

US President Donald Trump issued a veiled warning over rising tensions in the Middle East by posting an AI-generated image and message that read "calm before the storm."

The Economic Times

USS Gerald Ford aircraft carrier returns home after 326-day deployment

The USS Gerald R. Ford aircraft carrier, dispatched to the Middle East ahead of the outbreak of war with Iran, returned home to the United States on Saturday after a 326-day deployment, the Pentagon said. It was then dispatched to the Middle East to participate in combat operations against Iran.

Radio France Internationale

Middle East war imperils rare vultures' yearly odyssey to the Balkans

Endangered Egyptian vultures, with their vivid yellow face and white plumes, would usually be nesting across the Balkans in their dozens by April. But experts tracking the rare birds say local teams have struggled to find more than a handful in recent weeks, raising fears that the wars in the…

The Economic Times

Jihadi drug explained: What is Captagon? 227.7 kg of tablets & powder worth Rs 182 crore seized in India’s 'Operation Ragepill'

Jihadi drug: India has achieved its first-ever seizure of Captagon, a synthetic stimulant known as the ‘Jihadi drug’, valued at Rs 182 crore. The massive anti-narcotics operation, 'Operation Ragepill', led by the NCB, also resulted in the arrest of a Syrian national linked to an international drug syndicate.

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The Economic Times

Jihadi Drug: First-ever consignment of Captagon worth Rs 182 crore seized, Amit Shah announces

India's Narcotics Control Bureau has achieved a significant breakthrough. Under 'Operation RAGEPILL', the agency seized the first-ever consignment of Captagon, a drug known as the 'Jihadi Drug'. The seizure is valued at Rs 182 crore. This operation targeted a consignment bound for the Middle East. A foreign national was also…

The Economic Times

Gold at over one-week low as dollar, yields climb, Middle East tensions stoke inflation

Gold prices have fallen to a one-week low. This decline is driven by rising U.S. Treasury yields and a stronger dollar. Inflation fears from the Middle East conflict are also pushing interest rate hike expectations. Other precious metals like silver, platinum, and palladium have also seen significant drops. Investors are…

The Economic Times

US stocks today: US stocks fall as higher yields threaten AI-led rally

Wall Street declined as rising Treasury yields and inflation concerns tied to the Middle East conflict weighed on sentiment. Tech stocks led losses, with chipmakers sliding, while markets priced in higher odds of a Fed rate hike amid persistent price pressures.

Radio France Internationale

Famine looms in Somalia amid drought, dwindling aid and Middle East war

Six million people in Somalia are facing crisis levels of food insecurity from a lack of rain and spiking food and water prices due to the Middle East war, United Nations-backed experts and humanitarian groups have warned.

The Conversation

The blind spot in Europe’s energy strategy: almost all of its building data is based on approximations and averages

Europe is once again eyeing international energy markets with unease. The war in Ukraine, geopolitical tensions in the Middle East and the extreme volatility of gas prices are all stark reminders of a painful truth: the continent’s energy security is still at the mercy of external factors.

The Independent UK

BRICS ministers fail to issue a joint statement over differences on conflict in the Middle East

A two-day meeting of BRICS foreign ministers in New Delhi has ended without a joint statement due to differing views on the Middle East

MarketBeat

Prestige Consumer Healthcare Q4 Earnings Call Highlights

Prestige Consumer Healthcare (NYSE:PBH) reported a weaker-than-expected fourth quarter as supply constraints in eye care and shipping disruptions tied to conflict in the Middle East weighed on sales, but management said it expects a return to organic growth in fiscal 2027 and outlined a multiyear ou

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