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The Latest Breaking News from Middle East

How can a joint France-UK mission help restart shipping in the Strait of Hormuz?

A joint France and UK-led naval mission is ready to deploy to the Strait of Hormuz following an interim agreement between the US and Iran to end the Middle East war. Backed by around 20 countries, the mission aims to draw on widespread logistical know-how and resources to help clear…

France 24

G7 summit opens full day of talks with Ukraine, Iran and Trump tensions in focus

As the G7 summit enters its first full day of discussions, French President Emmanuel Macron faces the challenge of keeping his US counterpart Donald Trump engaged as leaders weigh pressure on Russia, Middle East diplomacy and renewed trade tensions with Washington.

Radio France Internationale

G7 leaders open summit talks on Ukraine and the Middle East as Zelenskyy joins in France

Leaders at the G7 summit face a packed agenda. Discussions will focus on ending Russia's war in Ukraine and addressing the Middle East crisis. Ukrainian President Volodymyr Zelenskyy will attend. The summit also addresses the recent US agreement to end the conflict with Iran. Leaders aim for progress on these…

The Economic Times

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Explained: Why Japan's Nikkei soared to lifetime high even after BOJ hiked interest rates to 31-year high

Japan's Nikkei index surged past 70,000 for the first time as the Bank of Japan raised its short-term policy rate to 1%, the highest in 31 years. The central bank's gradual tightening, coupled with diminished Middle East conflict risks, supported equities. Simultaneously, an Iran-US peace deal boosted sentiment, leading to…

The Economic Times

Bank of Japan raises interest rates to 31-year high

The Bank of Japan has increased its policy rate to 1.0 percent. This marks a 31-year high for interest rates. The move signals a strong focus on combating inflation. This is the first rate hike since December. The central bank's decision aims to address inflation risks stemming from the Middle…

The Economic Times

'Pyrrhic victory': Iran war leaves no clear winners, experts say

A recent Middle East war has concluded with no clear victor. Iran, though weakened, successfully thwarted the objectives of the United States and Israel. A new agreement defers critical issues, setting the stage for 60 days of intense negotiations. Israel faces significant setbacks, while the US seeks to project strength.…

The Economic Times

Dollar sways near 10-day lows as attention turns to BOJ and RBA

A preliminary deal to end the Middle East war boosted global risk appetite, sending oil prices down and the U.S. dollar near 10-day lows. Investors now await central bank meetings in Japan and Australia for inflation outlooks, with the Bank of Japan expected to raise rates.

The Economic Times

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Regional airlines’ plea to the Govt: Treat the skies as highways

Today from The Detail: A peace deal in the Middle East and a huge government loan on the horizon doesn't mean crisis over for our struggling airlines

Newsroom.co.nz

US-Iran deal a 'catastrophe' for Israel, analysts say

The US-Iran agreement to conclude the Middle East war is a significant strategic setback for Israel and underscores its waning influence in Washington, Israeli analysts said. Michael Milshtein, an expert on Israeli military affairs, said the agreement leaves Israel in a weaker position than before the war on all fronts.

The Economic Times

Middle East oil and gas output will take months to fully recover

A landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already caused oil prices to drop. However, industry experts warn that restoring oil production and refinery operations to their previous levels will be a lengthy process, potentially…

The Economic Times

G7 allies seek common ground with Trump after Iran accord

EVIAN-LES-BAINS (FRANCE) - Allies from the G7 group of leading powers will Monday seek common ground with US President Donald Trump at a summit in France after Washington and Iran agreed a deal to end the Middle East war.

Bangkok Post

Albanese signals fuel excise cut may be extended to help motorists amid Middle East crisis

Prime minister flags an announcement after deliberations of cabinet’s expenditure review committee

The Guardian - AU

World leaders welcome US-Iran deal, urge swift implementation

A significant peace deal has been struck between the United States and Iran. This agreement aims to end their war and reopen the vital Strait of Hormuz. International leaders have welcomed the development, expressing hope for reduced energy prices and a more stable Middle East. The pact also includes provisions…

The Economic Times

Russian strikes on Ukraine kill at least 11 and leave historic Kyiv cathedral in flames

The wave of attacks came as news of a US-Iran deal started to open a path to peace in the Middle East war, highlighting the lack of progress toward an end to over four years of fighting in Ukraine.

Euronews

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The Guardian - AU

Iran ‘agreed to never have a nuclear weapon’, says Trump – as it happened

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International Business Times

Peace Deal Reached, US To Lift Naval Blockade Of Strait of Hormuz: Donald Trump

Israel and Iran's proxy Hezbollah traded strikes on Sunday sparking concerns that a proposed deal to end the Middle East conflict may be torpedoed. Enraged Trump Fumes At 'Bibi' After Israeli Strikes In Lebanon But Vows Iran-US Peace Deal Is On

The Economic Times

Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressures

Union Finance Minister Nirmala Sitharaman said India faces risks from crude prices, Middle East tensions and Strait of Hormuz disruptions, but Prime Minister Modi's government is ensuring there is "not a supply disruption" for households and the economy. She made the remarks at the Viksit Bharat event in Karnataka on…

International Business Times

Reluctant Iran Deep Dives Into US Terms As Qatari Mediators Push For Virtual Signing

Qatar's mediators are engaged in efforts to facilitate a virtual signing of a deal that US President Donald Trump said would be signed Sunday to end the Middle East conflict with Iran. Clarity on the details of the process and its timing remain elusive.

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The Economic Times

Lebanon reports strikes on south, east as Israel issues broad evacuation warnings

Israeli forces struck southern Lebanon, prompting evacuations from Nabatieh and over 20 other areas. This comes as the US and Iran near a deal to end the Middle East war, potentially including Lebanon. Hezbollah reported drone attacks and clashes with Israeli troops. Lebanon faces a critical juncture as leaders call…

France 24

Lebanon reports Israeli strikes in south and east amid broad evacuation warnings

The Israeli army on Saturday issued evacuation warnings for the southern city of Nabatieh and more than 20 other locations across Lebanon as strikes were reported in the country's south and east. The latest strikes came as the US and Iran indicated they were close to reaching a deal on…

The Guardian - AU

Australia is facing a shortage of critical lubricants. How do we stop everything grinding to a halt?

The problem shows how widespread the fallout from the enduring Middle East conflict is, with disruptions extending beyond fuel for transport

International Business Times

Donald Trump Says Deal On Sunday As Flicker Of Peace Returns To Middle East

The US President made this announcement in a Truth Social post. Trump also said the Strait of Hormuz will be open to all once the deal is signed.

International Business 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.

Bangkok Post

Pakistan: US-Iran deal could be sealed ‘within 24 hours’

The United States and Iran could finalise an agreement to end the Middle East war “within 24 hours”, key mediator Pakistan said on Saturday, after both sides expressed optimism about the chances of concluding a deal.

The Times of India

Middle East peace 24 hours away? Pakistani PM suggests US-Iran may finalise deal soon

Pakistan's PM Shehbaz Sharif hinted that a peace deal between the US and Iran could be finalized within 24 hours, marking a significant diplomatic breakthrough. Both nations have indicated progress, with an agreed-upon text reportedly reached. US officials, however, urge caution against speculation, emphasizing that economic benefits for Iran are…

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