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The Latest Breaking News from the Middle East

UK prepared to deploy RAF Typhoons to keep strait of Hormuz open after Iran war

Proposal at heart of offer made during a 30-country two-day meeting jointly organised by France

The Guardian - UK

EU formally approves €90bn Ukraine loan and 20th sanctions package against Russia

Ursula von der Leyen hails ‘good news’ after Hungary’s lifting of vetoes allows leaders to sign off on agreements

The Guardian - UK

Middle East Tensions Support the Dollar

The dollar index (DXY00 ) today climbed to a 1.5-week high and is up by +0.04%. The dollar remains supported amid persistent tensions in the Middle East, which is boosting safe-haven demand for the dollar. Also, rising crude oil prices are pushing up inflation expectations, a hawkish factor for Fed...

Barchart

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Fallout from Iran war is ‘major new threat to foreign aid’

There are growing concerns that the economic fallout from the current conflict in the Middle East will push Gulf nations – who collectively provided more humanitarian aid than the US last year – turning away from foreign assistance

The Independent UK

'Tell Putin to stop': Zelenskyy calls on 'big players' Donald Trump, PM Modi and Xi Jinping to put pressure on Russia

Ukrainian President Zelenskyy urged global leaders, including PM Modi, to pressure Putin to end the war, stating mediation alone is insufficient. He emphasized unified international action over compromise. Meanwhile, Ukraine is bolstering defence ties in the Middle East, signing drone cooperation agreements with Saudi Arabia, Qatar, and the UAE.

The Times of India

'Recovery could take years’: EU energy commissioner forecasts future energy pain

European Energy Commissioner Dan Jørgensen has warned in exclusive comments to Euronews that, even if the Middle East conflict is resolved, energy prices will not stabilise to pre-war levels for years.

Euronews

Latvian defence minister has 'no doubt' US would aid NATO allies if needed

Latvian Defence Minister Andris Sprūds hailed an "excellent relationship" between the US and its allies despite President Donald Trump's inflammatory rhetoric and threats to exit NATO.

Euronews

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Iran war hurting UK economy as consumer confidence falls; BP’s new chair suffers investor revolt – as it happened

UK consumer optimism drops for third month running, as people grow more worried about the economy and their personal financial situation

The Guardian - UK

Nuclear energy is having a global revival 40 years after Chernobyl

The 1986 Chernobyl nuclear disaster fueled global fears about nuclear energy and slowed down its development in Europe and other regions

The Independent UK

Veterans Occupy the Cannon Rotunda in Protest of Overseas US-led Wars

Veterans from several coalitions and service member families gathered at the Cannon Rotunda in the US Capitol Building. They came to protest the Iran war and other military incursions in the Middle East early on Tuesday morning.

The Mary Sue

Alcoa Rebounds as Aluminum Tightens, But a Q1 Miss Tests the Rally

Alcoa missed Q1 2026 estimates, but aluminum prices above $3,557 per metric ton and Middle East supply disruptions keep the bullish case for AA stock intact.

MarketBeat

$75 billion investment chief: Now is exactly the right time to double down in the Gulf

Conflict has global investors retreating from the Middle East but confusing volatility with vulnerability is the most expensive mistake right now.

Fortune

Tui says Iran war cost operator £35m in March

Holiday giant Tui reported a financial blow of approximately €40 million (£34.8 million) in March, directly attributed to the conflict in the Middle East. This cost was primarily due to the repatriation of around 5,000 passengers from two cruise ships near Abu Dhabi, with their itineraries now cancelled until mid-May.…

The Independent UK

What intentional communities can teach us about resilience amid global instability

As conflict intensifies in the Middle East, energy markets swing wildly and the cost of living keeps climbing, a pressing question is emerging for anyone who is tied in to the fluctuating energy and food markets: how do we build resilience?

The Conversation

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The Guardian - UK

Tui cuts profit forecast as effects of Iran war cost travel group €40m

Firm had to repatriate almost 12,000 guests and staff, including from two cruise ships in Abu Dhabi and Doha

Evening Standard

Shoe Zone set to slump to loss as it warns over Iran war hit to trading

The retailer said the Middle East conflict was partly to blame for lower shopper confidence and is also pushing up costs.

The Guardian - AU

Coles adds 20c to the price of milk as war in the Middle East pushes up Australian grocery costs

Farmers have been calling for higher prices for weeks, amid soaring diesel and fertiliser costs and limited supply

Euronews

Newsletter: EU set to unlock €90 billion for Ukraine after Hungary power shift

Also on today's newsletter: Luxembourgish Foreign Minister Xavier Bettel and former Finnish Prime Minister Sanna Marin joined us.

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The Independent UK

The everyday items facing price rises amid Iran war oil shock: From toys to pens and shaving cream

The tremors of the Middle East war are reaching the far corners of the economy

AAP

Refinery owner reaps profit boost from Middle East war

Ampol, which supplies about 10 per cent of the nation's fuel supplies, has seen a big jump in margins on the back of the war in the Middle East.

Fortune

Halliburton CEO: U.S. oil rebound enters ‘early innings’ as Iran war triggers long-lasting global push for energy outside the Middle East

The smaller U.S. producers are the first movers bringing new oil wells online.

Barchart

Why Have Gasoline and Heating Oil Futures Diverged?

Crude oil prices have been a focal point for markets across all asset classes. As crude oil prices rose in response to the military conflict in Iran and Iran’s regional retaliation in the Middle East, oil product prices soared. However, heating oil and distillates experienced more extreme rallies than gasoline.

The Times of India

Mysterious German skull found in 1973 was once thought to be a Neanderthal hybrid; new study reveals the truth

In 1973, a partial human skull was uncovered in Hahnöfersand, Germany, during archaeological work. It did not come with any clear cultural objects nearby, which made early classification difficult. At first glance, the bone seemed unusual. Its shape carried features that looked partly Neanderthal and partly modern human. That observation…

Euronews

EU to boost jet fuel imports from the United States amid shortage fears

EU Transport Commissioner Apostolos Tzitzikostas has said there are no indications of jet fuel shortages, but stressed the importance of acting quickly and appropriately. The use of emergency stocks is under consideration "if real supply issues arise".

International Business Times

Oil Prices Ease to $94 as US-Iran Talks Offer Hope but Hormuz Risks Linger

World oil prices slipped modestly Tuesday amid tentative optimism over U.S.-Iran diplomatic efforts, with Brent crude hovering near $94.70 per barrel as traders weighed mixed signals from the Middle East against lingering threats to global energy supplies.

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