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The Latest Breaking News from the Middle East

No victors, only losers: How Iran war left every side worse off

In war, there are usually winners. Someone gains territory, influence, or deterrence. The Iran war has produced none of that. After months of fighting, thousands of casualties, soaring energy prices, and one of the largest American military deployments in the Middle East in decades, it is difficult to identify a…

The Times of India

US-Iran deal to be signed in Switzerland on Friday: Swiss Foreign Ministry

A significant deal between the United States and Iran to end the Middle East war is set to be signed this Friday. The historic agreement will be finalized at the secure Burgenstock resort in Switzerland. This development follows weeks of intense negotiations between the two nations.

The Economic Times

Finally, an interest rate reprieve – but a ceasefire in the Middle East doesn’t have the RBA popping champagne yet

Governor Michele Bullock delivers a strong message after the Reserve Bank holds the cash rate at 4.35%, ending a run of three rises

The Guardian - AU

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Higher prices for gas, groceries and flights will likely outlast the Iran war

Economists and industry analysts say that even after oil starts flowing again from the Middle East, it could take a while for the Iran war's effects on consumer prices to recede

AAP

Japan hikes interest rates to highest since 1995 as Middle East tensions fuel inflation fears

Decision by BOJ influenced by higher energy costs due to instability in the Middle East

The Independent UK

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

Trump's interim Iran deal eases immediate crisis but leaves major hurdles ahead

A preliminary deal to end the Middle East war has been signed by the US and Iran. This agreement extends a ceasefire and reopens the Strait of Hormuz. Shippers, however, express caution, expecting weeks for confidence to return. Key issues like Iran's nuclear program remain for future talks.

The Economic Times

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Crop prices drop as Hormuz reopening to ease farm-input shock

The development, stemming from an interim US-Iran agreement, could alleviate food inflation fears fueled by the Middle East conflict.

The Economic Times

Thai fuel prices to stay high until Q4

Domestic oil prices in Thailand are expected to remain elevated until the final quarter of this year, even though global crude benchmarks have eased and the US is set to sign a peace deal with Iran this Friday to end nearly four months of conflict in the Middle East.

Bangkok Post

Netanyahu 'Humiliated' by Trump Over Iran Deal, May 'Set the Middle East Ablaze,' Haaretz Warns

Israeli Prime Minister Netanyahu faces political challenges as a US-Iran deal emerges, risking regional tensions and scrutiny of his leadership amid upcoming elections.

International Business Times UK

America has lost its war with Iran

THE INDEPENDENT VIEW: Editorial: If the ceasefire holds, Donald Trump’s ill-starred foray into the Middle East will have left the Iranian regime stronger than it was before the conflict

The Independent UK

IMF chief says no global slowdown in sight yet, but risks are high

The global economy is holding strong despite the Middle East war. Commodity prices and inflation have risen, but a global slowdown is not yet evident. The IMF chief noted a recent agreement to reopen the Strait of Hormuz. An updated economic forecast is due soon. The IMF previously outlined scenarios…

The Economic Times

US stocks: Dow hits record high on Iran deal optimism, lower oil prices

Major Wall Street indexes surged at the open on Monday following a preliminary agreement between Washington and Tehran to resolve the Middle East conflict and reopen the Strait of Hormuz. This development triggered a significant drop in crude oil prices, boosting investor confidence across the board.

The Economic Times

Tesla Fires, Zelensky, NATO and Deep Skepticism: What Awaits Trump at the G7 Summit This Week

President Donald Trump heads to this week's G7 summit in France facing a packed agenda that includes the war in Ukraine, tensions within NATO, trade disputes and questions about whether his administration's diplomatic push in the Middle East can translate into broader cooperation with America's allies.

Latin Times

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Bangkok Post

US-Iran deal met with hope, scepticism in Mideast

PARIS — The deal between the United States and Iran to end their war, negotiated in secret and still not revealed in detail, was greeted with scepticism but a measure of relief among ordinary people across the Middle East.

The Economic Times

"Not a peace deal; another 60 days of ceasefire": Israeli expert weighs in on US-Iran peace talks

An agreement between Tehran and Washington is announced. Sagiv Steinberg of JCFA views it as a temporary 60-day ceasefire before US elections. He states no US goals were achieved. Iran may rebuild proxies and infrastructure. The deal is set to be signed on Friday in Switzerland. This agreement is seen…

France 24

Israel to stay ‘indefinitely’ in lands seized in Gaza, Lebanon and Syria

Israeli Defence Minister Israel Katz said on Monday that Israeli ground forces would remain in land they hold in Lebanon, Syria and Gaza, potentially challenging a memorandum of understanding announced a day earlier between the US and Iran to end the war in the Middle East.

The Independent UK

Trump’s Iran war costs UK drivers £4bn in higher fuel prices

Iran’s Strait of Hormuz blockade led to oil prices hitting their highest level since 2022

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Radio France Internationale

French-UK mission 'ready' to aid Hormuz reopening, says Macron

France's president on Monday said that a military mission set up by Paris and Britain to help with Strait of Hormuz traffic was ready to deploy, following the announcement of an US-Iran deal to end the war in the Middle East, including in Lebanon. Israel insists it is not bound…

Bangkok Post

Iran take centre stage at World Cup as Spain make bow

LOS ANGELES - Iran will take centre stage at the World Cup on Monday after arriving in the United States following a build-up shrouded by uncertainty due to war in the Middle East.

The Independent UK

Iran-US war latest: Vance says deal text may be released early as Netanyahu warns he and Trump ‘don’t see eye to eye’

A White House official said Trump’s Iran deal does not include Israel’s conditional withdrawal from Lebanon amid its conflict with Hezbollah

AAP

FED:US and Iran peace deal 'kicking the can down the road'

While Australia is welcoming a deal to end the war in the Middle East, one high-profile academic believes the agreement is likely only temporary.

France 24

US and Iran agree to 'immediate' end of military operations in memorandum of understanding

US and Iran agreed to an “immediate and permanent” end to military operations under a surprise memorandum of understanding announced via mediator Pakistan on Sunday, with both sides confirming a signing ceremony in Switzerland. The agreement includes plans to reopen the Strait of Hormuz, ease sanctions and begin further negotiations…

The Economic Times

Trump warns of renewed strikes on Iran if nuclear talks fail, says US could become ‘guardian of the Middle East’

President Trump has warned Iran of renewed military action or a significant financial demand if a nuclear deal isn't reached. He asserted his agreement would ensure free passage through the Strait of Hormuz, claiming he'd protected Israel from nuclear threats despite Israeli objections.

AAP

Fuel tax decision imminent after US-Iran peace deal

The federal government is weighing up whether to continue offering motorists discounted petrol and diesel amid hopes of an end to the US-led war in Iran.

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