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The Latest Breaking News from the Middle East

Eurasian cargo hub expands to capture Europe-Asia freight flows

A new cargo terminal, expanded fuel storage and a duty-free customs regime aim to cut transit times and costs. The strategy targets airlines and logistics operators seeking alternative routes between Europe and Asia.

Euronews

Keir Starmer condemns ‘reckless’ Iranian attack on Kuwaiti oil refinery

Tehran fired drones and missiles at targets across the Middle East overnight as the war nears the end of its fifth week.

Evening Standard

'Why we love this place!': Dubai government's gesture for Scottish expat stuns netizens online

Amid the ongoing regional tension in the Middle East, the government authorities have been working in all aspects to ensure that the residents are protected and safe. From public appearances to online assurance, ministries and officials have left no stone unturned to ensure that life in the UAE remains normal…

The Times of India

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Pearson Edexcel and Cambridge cancel exams in UAE: Know new grading rules, results and more

Following the ongoing regional conflict in the Middle East and the effects of the US-Israel-Iran war, numerous boards across the Gulf have cancelled examinations for students and stuck to alternative evaluation methods for the assessment of their results. Now, UK boards have also cancelled exams for students in UAE.

The Times of India

Iran fires on targets across Mideast while Israel and US hit Tehran as war shows no signs of slowing

Iran fired on targets across the Middle East while American and Israeli airstrikes hit the Islamic Republic as the war neared the end of its fifth week unabated

The Independent UK

Stocks Are Mixed Despite a Huge Oil Move: Stock Market Today

Stocks and oil continue to rise and fall with the ebb and flow of news from the White House and the Middle East.

Kiplinger

Australia joins oil crisis talks ahead of key UN vote

Australia has joined nations for talks about a vital oil corridor, as the UN Security Council considers whether "defensive" action can be taken against Iran.

AAP

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‘For Every Assassination, an American Tech Company Will Be Destroyed’: What Does That Mean for Tesla Stock?

The IRGC has threatened attacks on several American tech majors, including Tesla.

Barchart

Macron rejects military plan as allies push to reopen Strait of Hormuz

French President Emmanuel Macron said on Thursday that using military force to reopen the Strait of Hormuz would be “unrealistic”, as more than 40 countries held talks on restoring access to the vital shipping route, compromised by the war in the Middle East.

Radio France Internationale

Should You Chase the Rally as Micron Stock Bounces Back?

Micron stock rallied yesterday on a constructive GF Securities note and signs of easing geopolitical tensions in the Middle East. Here’s why MU shares are worth buying into strength.

Barchart

Bypass the Strait of Hormuz with nuclear explosives? The US studied that in Panama and Colombia in the 1960s

With the world struggling to get oil supplies moving from the Middle East, former House Speaker Newt Gingrich raised eyebrows with a social media post highlighting a radical idea: Use nuclear bombs to cut a new channel along a route that would avoid Iranian threats in the Strait of Hormuz.

The Conversation

As oil prices rise, France suggests extra tax could help phase out fossil fuels

As the war in the Middle East drives up prices of petrol and gas, France wants to use additional tax revenue generated to fund the country’s move away from fossil fuels – but some analysts say any extra returns are offset by rising costs and inflation.

Radio France Internationale

Why the Middle East conflict is changing so many holiday plans

IN FULL

The Independent UK

The world’s supply of helium is being threatened by the Iran war

The war in the Middle East has disrupted the world’s supply of helium. Qatar produces about a third of global helium, but attacks on its gas infrastructure have forced production to stop.

The Conversation

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Barchart

Stocks Tumble Before the Open as Oil Prices Jump After Trump’s Iran Address

June S&P 500 E-Mini futures (ESM26) are down -1.27%, and June Nasdaq 100 E-Mini futures (NQM26) are down -1.65% this morning as doubts over a quick resolution to the Middle East conflict dampened sentiment and fueled a spike in oil prices.

The Guardian - UK

Coordinated conflict: how the Ukraine and Iran wars are starting to overlap

Battlefield outcomes are connected by the sharing of weapons and intelligence as well as the damage to the global economy

The Conversation

Fuel prices are driving more Australians to EVs - and secondhand cars are in high demand

As conflict in the Middle East sends diesel and petrol prices skyrocketing, more and more Australians and New Zealanders are showing interest in electric vehicles.

Radio France Internationale

France's Macron visits South Korea for talks on technology and security

French President Emmanuel Macron arrived in South Korea on Thursday for a state visit focused on trade, technology and security – following talks in Tokyo where he and Japan’s prime minister agreed to push to reopen the Strait of Hormuz, disrupted by the war in the Middle East.

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The Conversation

Winter crops need to be sown - but Australia’s farmers are worried about fertilisers and fuel

War in the Middle East has put a spotlight on the Strait of Hormuz, the narrow sea passage through which 20% of global oil supply is shipped. But far less attention has been paid to another essential product derived from oil and gas, on which the world also relies: fertiliser.

The Conversation

As the Iran war disrupts supplies, will it affect access to medicines?

As the conflict in the Middle East disrupts fuel, shipping and food supplies, many are starting to ask if they will be still be able to get their medicines if the war drags on.

Bangkok Post

Polluted Chiang Mai to suffer at Songkran

Northern tourism operators expect a poor showing during the Songkran holiday as the region remains choked by smog, amid weak spending attributed to the war in the Middle East and the subsequent oil shock.

Latin Times

Utah, Michigan and Florida Lead the Way Among the States With the Biggest Gas Price Hikes Since the Iran War Began

Discover how rising tensions in the Middle East are driving up gasoline prices across the US, impacting drivers and sparking political debates over gas taxes. Learn which states are hit hardest and explore potential relief measures.

Kiplinger

Stocks Rise, Oil Falls Amid Peace Talk: Stock Market Today

Market participants will pay close attention when President Donald Trump talks to the American people about the war in the Middle East tonight.

The Independent UK

Trump says King would have taken ‘different stand’ on Iran war in fresh dig at Starmer

President draws contrast between King and prime minister a day after Buckingham Palace confirmed plan for royal state visit to US

Barchart

Crude Prices Fall on Hopes for De-Escalation of Hostilities in the Middle East

May WTI crude oil (CLK26 ) on Wednesday closed down -1.26 (-1.24%), and May RBOB gasoline (RBK26 ) closed down -0.1125 (-3.51%). Crude oil and gasoline prices settled sharply lower on Wednesday amid mounting optimism that the war in the Middle East is nearing an end. Crude prices remained lower...

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