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The Latest Breaking News from Middle East

Dollar Supported by Geopolitical Risks and Higher T-Note Yields

The dollar index (DXY00 ) Wednesday rose by +0.48% and posted a 2-1/2 week high. The dollar rose on safe-haven support from escalating Middle East tensions. Gains in the dollar accelerated after bond yields jumped on the stronger-than-expected US Sep ADP employment report, a hawkish factor for Fed policy. Also,...

Barchart

Crude Prices Supported by Middle East Hostilities

Nov WTI crude oil (CLX24 ) Wednesday closed up +0.27 (+0.39%), and Nov RBOB gasoline (RBX24 ) closed up +1.93 (+0.98%). Crude oil and gasoline prices rose to 1-week highs on Wednesday and closed higher. Heightened Middle East tensions are supporting crude prices after Israel vowed to retaliate against Iran...

Barchart

Global supply chains are under pressure again. Will inflation start rising?

Conflict in the Middle East, a strike at US ports, problems at the Panama Canal … a rush of problems could create a crisis for exporters

The Guardian - UK

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Middle East expert slates Keir Starmer's 'total hypocrisy' in Israel speech

KEIR Starmer has been branded “incoherent in his total hypocrisy” by an expert on the Middle East after he made an announcement to the nation on…

The National (Scotland)

Crude Gives Up Most Gains as Weekly EIA Inventories Unexpectedly Climb

Nov WTI crude oil (CLX24 ) today is up +0.21 (+0.30%), and Nov RBOB gasoline (RBX24 ) is up +0.14 (+0.07%). Crude oil and gasoline prices today climbed to 1-week highs and are modestly higher. Heightened Middle East tensions are supporting crude prices after Israel vowed to retaliate against Iran...

Barchart

President Biden To Discuss Middle East Situation With G7 Leaders

US President Biden to address escalating Middle East tensions with G7 leaders after Iran's missile attack on Israel.

Top News

Dollar Gains on Middle East Tensions and US Labor Market Strength

The dollar index (DXY00 ) today is up by +0.32% and posted a 2-1/2 week high. The dollar is climbing today on safe-haven support from escalating Middle East tensions. Gains in the dollar accelerated today after bond yields jumped on the stronger-than-expected US Sep ADP employment report, a hawkish factor...

Barchart

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Blasts, Shooting Around Israeli Embassies In Nordic Capitals

Police in Denmark and Sweden said on Wednesday they were probing explosions and gunfire around Israeli embassies in their capitals which took place amid spiralling Middle East tensions.

International Business Times

Oil Extends Rally After Iran Attack, Hong Kong Soars Again

Both main crude contracts shot up more than five percent at one point Tuesday after Iran fired dozens of missiles at Israel in response to the killings of Tehran-backed militant leaders.

Latin Times

Pride And Fear In Iran After Missile Attack On Israel

On the streets of Tehran, a small crowd celebrated Iran's missile attack on Israel while others are worried about the consequences of the Islamic Republic's boldest move yet in a year of escalating Middle East conflict.

International Business Times

Iran braces for Israeli strikes as supreme leader calls for west to leave Middle East

Ayatollah Ali Khamenei makes first public appearance after attack on Israel in retaliation for Hezbollah leader’s killing

The Guardian - UK

Harris faces triple trouble, even before October’s inevitable surprises

As Biden fights three fires at once, Trump sees chance to associate his rival for US presidency with chaos

The Guardian - UK

Starling Bank fined £29m for ‘shockingly lax’ sanctions breaches – as it happened

Live coverage of business, economics and financial markets as bank gave accounts to 49,000 high-risk customers and oil prices rise after Iranian missile attacks on Israel

The Guardian - UK

Oil prices set to rise as Middle East tensions worsen, adding to cost-of-living crisis

Iran’s missile attack on Israel has caused global oil prices to spike this week amid growing fears a retaliation could put the global oil supply at risk.

The Conversation

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Pedestrian.tv

Has Israel Invaded Lebanon? The Unfolding Situation In The Middle East, Explained

Here's everything you need to know about Israel's potential ground invasion of Lebanon and Iran's missile strike retaliation.

Al Jazeera

For China, war in Gaza a chance to flex diplomatic muscle at little risk

Beijing’s efforts to play greater role in Middle East still largely symbolic but could expand in future, analysts say.

International Business Times

Oil Extends Rally After Iran Attack, Hong Kong Resumes Surge

Oil prices rose more than one percent Wednesday, extending the previous day's rally, and safe haven gold pushed towards a record high after Iran's missile attack on Israel ramped up fears about an escalation in the Middle East.

The Guardian - AU

Albanese says Dutton thinks politics is ‘all about testosterone’ as character attacks escalate

PM derides opposition leader for ‘a macho stance’ on issues, who in turn labelled Labor leader’s stance on Middle East crisis as weak

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Fortune

Markets today: Wall Street wavers on Middle East missile news

Despite some good news that August saw more job openings than economists expected, markets closed down.

Barchart

Stocks Finish Lower on Heightened Middle East Risks

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down by -0.93%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -1.43%. Stocks on Tuesday posted moderate losses, with the S&P 500 and...

Barchart

Dollar Climbs on Safe-Haven Demand from Middle East Tensions

The dollar index (DXY00 ) Tuesday rose by +0.40% and posted a 1-1/2 week high. Escalating Middle East tensions boosted safe-haven demand for the dollar Tuesday after Iran launched a missile attack against Israel. The dollar also has carryover support from Monday when Fed Chair Powell said the FOMC is...

Barchart

Heightened Geopolitical Risks in the Middle East Boost Crude Prices

Nov WTI crude oil (CLX24 ) Tuesday closed up +1.66 (+2.44%), and Nov RBOB gasoline (RBX24 ) closed up +3.15 (+1.63%). Crude oil and gasoline prices Tuesday rallied sharply on escalating Middle East tensions that have the potential to disrupt oil supplies. Israel began a ground assault into Lebanon, and...

The Guardian - UK

Financial markets could still avoid panic amid oil price risk in Middle East crisis

Oil prices rose by more than 4% as Israeli troops moved into Lebanon and Iran launched missiles on Israel

Barchart

Crude Surges on Escalating Geopolitical Risks in the Middle East

Nov WTI crude oil (CLX24 ) today is up +2.97 (+4.36%), and Nov RBOB gasoline (RBX24 ) is up +5.60 (+2.89%). Crude oil and gasoline prices today are sharply higher. Escalating Middle East tensions that have the potential to disrupt oil supplies have sparked a rally in crude oil after...

Barchart

Middle East Fears Weigh on Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down by -1.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.72%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -1.52%. Stocks today are trading lower, with the S&P 500 and Nasdaq...

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