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The Latest Breaking News from the Middle East

Why oil prices are rising amid the Israel-Hamas war

To date oil and gas flows from the Middle East remain fairly unaffected – but there are concerns about escalation

The Guardian - UK

Iranian official in UK warns of danger of Israel-Hamas escalation

Chargé d’affaires at embassy says situation is very volatile and Iran has no control over ‘resistance forces’

The Guardian - UK

No matter how serious the issue, nuance becomes a thought crime for the Coalition’s court jesters

Bridget Archer was cast as an apologist for child sexual abusers, while horrors in the Middle East prompted absurd claims

The Guardian - AU

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Markets Today: Stocks Fall as Middle East Tensions Ratchet Higher

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.38%, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.45%, both at 2-week lows. Stock index futures this morning are moderately lower on concern the conflict between Israel and Hamas may widen to a regional conflict....

Barchart

Middle East Roundup: ‘Where our love grew’ – love and loss in Gaza

Israeli offensive on Gaza approaches two weeks as the region teeters on a knife’s edge–here’s the Middle East this week.

Al Jazeera

Stock Index Futures Drop as Investors Weigh Powell’s Remarks, Geopolitical Risks

December S&P 500 futures (ESZ23) are down -0.25%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.32% this morning as investors digested Federal Reserve Chair Jerome Powell’s remarks while heightened geopolitical risks stemming from the Middle East continued to weigh on sentiment.

Barchart

Israel-Hamas conflict: How high could oil prices go in worst-case war scenario?

War in the Middle East could cause the oil price to surge to $140 a barrel and bring the world to the brink of a recession, according to Ana Boata, head of economic research at Allianz Trade.

The Times of India

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Slovenia to introduce border checks with Hungary and Croatia after Italy did the same with Slovenia

Slovenia says it will introduce border checks with neighboring Hungary and Croatia following Italy’s decision to do the same with Slovenia because of security concerns due to violence in the Middle East

The Independent UK

APL chief executive Townsend departs for Middle East

Chief executive Danny Townsend, who sold the A-Leagues grand finals to NSW, has departed for a job in the Middle East.

AAP

Aust shares drop again as yields rise, tensions soar

The local share market lost 1.2 per cent on the day and 2.1 per cent for the week on rising US bond yields and broader fighting in the Middle East.

AAP

What the papers say – October 20

The conflict in the Middle East features across the papers in the UK.

The Independent UK

Consumer confidence plunges in run-up to festive season

GfK said accelerating costs of energy, fuel and mortgages combined with uncertainty in the Middle East is behind the fall.

The Independent UK

'Russia benefits from the war in the Middle East': Ukraine's FM Kuleba

Amid the ongoing war between Israel and Hamas, Ukraine's Foreign Minister Dmytro Kuleba told FRANCE 24's Marc Perelman that "Russia benefits from the war in the Middle East". However, he said that Ukraine's partners were "confident" that "politically", the Israel-Hamas conflict "should not overshadow what is happening in Ukraine". He…

France 24

Rishi Sunak holds joint press conference with Benjamin Netanyahu in Israel

THE Prime Minister has warned the war between Israel and Hamas must not “escalate” across the Middle East as he toured the region to meet with…

The National (Scotland)

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The Guardian - US

Biden’s Israel trip reflects a deeply flawed and hypocritical foreign policy

The Biden administration also bears a wider responsibility for the deterioration in Gaza and the extinguishing of Palestinian political aspirations

Evening Standard

OPINION - Ground invasion may set the Middle East alight

Israel risks making the same mistakes the US did after the 9/11 attacks, writes Sky News International Correspondent Alex Rossi

The Independent UK

Terror attacks on Israel ‘seen as cause for celebration’ government’s extremism adviser warns

Robin Simcox, the commissioner for countering extremism, will say that government must have confidence ‘taking on extreme ideologies’

The Independent UK

PM arrives in Israel to ‘express solidarity’ over October 7 Hamas attacks

In a meeting with President Isaac Herzog, Rishi Sunak said he has ‘not just a right’ but a ‘duty’ to restore security to the country.

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The Guardian - UK

UK’s FTSE 250 index hits one-year low; crypto firms Gemini, Genesis and DCG sued – business live

Three crypto groups are being sued by New York for allegedly defrauding investors of $1.1bn, while financial markets remain on edge

The Guardian - US

Israel defence minister tells troops they will soon see Gaza – as it happened

This blog is now closed. You can find the latest updates here.

AAP

No landmark shows for Palestine despite solidarity call

Governments have come under fire for inconsistency in their response to the conflict in the Middle East after public displays of solidarity with Israel.

AAP

Aust shares plunge as Middle East conflict deepens

The ASX200 has fallen below 7000, again putting the benchmark index in the red for the year, amid fears about the conflict in the Middle East.

The Independent UK

Italy suspends open border with Slovenia, citing increased terror threat as Mideast violence spikes

Italy says it is suspending an open-border agreement with neighboring Slovenia, citing an increased threat of terrorism in Europe due to violence in the Middle East

Barchart

Consider This Value-Priced Energy Stock as Oil Prices Rise

Valero Energy has been a strong performer over the past decade, delivering outsized gains to shareholders. With tensions flaring in the Middle East, is this energy stock a good buy right now?

The Guardian - UK

Joe Biden’s peace mission to Israel exposed the limits of US global influence

The stakes couldn’t be higher. A wider war in the Middle East could embolden Russia in Ukraine and encourage China over Taiwan, says Guardian columnist Martin Kettle

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