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The Latest Breaking News from Middle East

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.

Evening Standard

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

IN FULL

The Independent UK

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.

Barchart

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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

The Guardian - UK

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.

Evening Standard

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 Guardian - AU

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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 Independent UK

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 Guardian - AU

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 Times of India

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

The Guardian - AU

Lindsey Graham says, 'we are going to blow the hell' out of Iran, Cuba will be next

At a time when the Donald Trump administration is treading carefully over the messaging about the Iran war, distinguishing it from Iraq and asserting that the US will exit the Middle East crisis, MAGA senator Lindsey Graham doubled down and said the US will blow the hell out of Iran.…

The Times of India

Distant war, a regional shockwave: How Middle East crisis is making life difficult in Bangladesh and Pakistan

Escalating West Asian conflict triggers economic fallout in South Asia, with Bangladesh implementing fuel rationing amid panic buying and Pakistan facing shortages and price hikes. Border trade disruptions in Balochistan exacerbate the crisis, impacting essential commodity supplies and livelihoods.

The Times of India

How long will Gulf flight chaos continue – and what are stranded passengers’ options?

The Man Who Pays His Way: How will the Middle East airlines ever rebuild confidence?

The Independent UK

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The Independent UK

Labour MPs urge Starmer to ‘stick to what we believe is right’ in face of Trump fury over Iran

It comes as Yvette Cooper has also hit back at criticism of Starmer from Tony Blair, telling the former PM: ‘We have to learn the lessons from Iraq’

The Guardian - US

‘A very dangerous person’: alarm as Pete Hegseth revels in carnage of Iran war

Critics say brash, bombastic Fox News host out of his depth to guide US military through murky new Middle East conflict

The Times of India

'Changing face of the Middle East': Netanyahu thanks Trump for strikes on Iran; claims 'control' over Tehran skies

Israeli Prime Minister Benjamin Netanyahu announced near-total dominance over Iranian airspace following coordinated strikes with the US, dubbed 'Operation Rising Lion.' He stated the campaign, supported by former President Trump, aimed to neutralize an immediate threat from Iran's nuclear ambitions and missile program, emphasizing a strategic shift in the region…

The Guardian - UK

From Bush Sr to Trump: the risks, lessons and legacy of US interference in the Middle East

While there are similarities with the wars against Iraq, the Iran conflict may prove to be the most dangerous and consequential yet

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The Independent UK

Experts say water, not oil, is most at risk in the Persian Gulf during Iran war

As the Iran war widens, experts say the Middle East’s real strategic weak point may be desalinated water – not oil

The Times of India

Middle East war day 9: Israeli drone strike kills four at Beirut hotel; Iran continues Gulf attacks — top developments

The war between the United States, Israel and Iran entered its ninth day on Sunday with fresh strikes, drone attacks and widening regional fallout. Fighting that began with joint US and Israeli strikes on Iranian territory on February 28 has rapidly expanded into a broader confrontation stretching across the Gulf,…

The Times of India

'Forgive us': UAE President Mohamed bin Zayed Al Nahyan sends emotional message amid Iran vs US-Israel war

UAE President Mohamed bin Zayed Al Nahyan reassured citizens and residents after visiting those injured by regional conflict debris. He pledged the nation's defence and protection for all, emphasising resilience and unity amidst escalating Middle East tensions. The leader urged forgiveness for any shortcomings, highlighting the UAE's strength and commitment…

AAP

Expanding Middle East war to loom over domestic economy

Petrol prices have already surged following conflict in the Middle East, raising the possibility of a hike in inflation.

The Independent UK

Virgin Atlantic to suspend Dubai operations after 16-hour ‘flight to nowhere’

Exclusive: Airlines are cutting back on operations to the Middle East as insurance costs soar

Evening Standard

Britain hits back at Donald Trump after he slams Keir Starmer for joining Iran war ‘after we’ve won’

Foreign Secretary Yvette Cooper said the Government would act in a ‘calm, cool-headed’ way after latest attack from the US president

The Times of India

Gulf aviation chaos: UAE residents turn to secret land routes to escape travel shutdown amid Iran and US–Israel war

Escalating Iran-US-Israel conflict has caused unprecedented travel disruptions across the Middle East. Thousands of travelers and expatriates in the Gulf are now using land corridors and emergency services to leave the region as airspace closures and flight cancellations persist. This crisis is reshaping regional mobility and impacting global aviation networks.

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