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The Latest Breaking News from Middle Eastern

Crude Prices Tumble as Geopolitical Risks Ease in the Middle East

August WTI crude oil (CLQ25 ) today is down -3.34 (-4.88%), and August RBOB gasoline (RBQ25 ) is down -0.0930 (-4.23%). Crude oil and gasoline fell sharply today to 1-1/2 week lows after President Trump announced a ceasefire in the Israel-Iran conflict, reducing concerns about a disruption to Middle Eastern...

Barchart

Iran-Israel ‘threshold war’ has rewritten nuclear escalation rules

Israel’s conflict with Iran represents far more than another Middle Eastern crisis – it marks the emergence of a dangerous new chapter in nuclear rivalries that has the potential to reshape global proliferation risks for decades to come.

The Conversation

Geopolitics helps drive Middle Eastern money to Asia as wealthy Gulf investors hedge their bets

The Middle East missed Asia's rise the first time around. They don't want to miss out again.

Fortune

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Does Trump Want Lower Gas Prices or Oil Sanctions on Iran?

The Trump administration’s math on Middle Eastern energy supplies just doesn’t add up.

Reason

Crude Rallies as Middle Eastern Crude Producers Raise Prices

March WTI crude oil (CLH25 ) today is up +1.16 (+1.63%), and March RBOB gasoline (RBH25 ) is up +0.0046 (+0.22%). Crude oil and gasoline prices today are moderately higher as tighter US sanctions on Russian crude limit global oil supplies and allow the biggest Middle Eastern oil producers to...

Barchart

Two soldiers killed as Israel launches air strikes on Iran

ISRAEL'S military has confirmed it has been “conducting precise strikes on military targets in Iran” but is not targeting the Middle Eastern…

The National (Scotland)

US and Cyprus launch a strategic dialogue to bolster security

U.S. and Cypriot officials have launched a strategic dialogue they said would bolster security and stability in a crisis-wracked region through initiatives including counterterrorism training of personnel from Middle Eastern countries

The Independent UK

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Iran Seeks Diplomatic Efforts To Reduce Israel's Response

Iran engages in diplomatic efforts with Middle Eastern countries amid tensions with Israel. US urges restraint and Gulf allies express concerns.

Top News

Crude Prices Firm on Israel-Iran Tensions

May WTI crude oil (CLK24 ) this morning is up +0.12 (+0.14%), and May RBOB gasoline (RBK24 ) is up +1.82 (+0.65%). Crude and gasoline prices this morning are moderately higher. Crude prices have support on Middle Eastern geopolitical risks as the markets await any response from Israel to Iran's...

Barchart

As war engulfs Gaza, Putin sees a chance to regain some of Russia’s faded global stature

If it can retake its place at the high table of Middle Eastern politics, the Kremlin would be harking back to the Soviet Union’s superpower glory days, says historian Sergey Radchenko

The Guardian - UK

Iran and Saudi Arabia to open up travel, normalise diplomatic ties in major breakthrough at Beijing talks

China says it supports Middle Eastern countries in upholding their strategic independence

The Independent UK

Iran-Saudi Arabia deal casts China in unfamiliar global role

An agreement between Iran and Saudi Arabia to re-establish diplomatic relations has cast China in a leading role in Middle Eastern politics — a part previously reserved for longtime global heavyweights like the U.S. and Russia

The Independent UK

Iran, not oil, is the main topic of Biden’s trip among Middle Eastern leaders

JERUSALEM — Many in the United States view President Joe Biden’s trip to the Middle East that began Wednesday as a mission to lower oil prices. But leaders throughout the region see it as a chance to hash out disagreements over Iran.

Los Angeles Times

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The Independent UK

Nandine: South London’s Kurdish culinary gem deserves all the hype

Pary Baban fills a hole in London’s culinary landscape with a restaurant serving dishes bursting with flavour and character from her homeland, Kurdistan, writes James Schaak

Bristol Post

U.S. B-52H nuclear bomber flies from West Country to join Middle Eastern air forces

A number of military planes are now stationed over the East Mediterranean

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