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The Latest Breaking News from Middle East

Gold slips on stronger dollar, oil; Trump's decision on Iran ceasefire in focus

Gold prices dipped slightly as a stronger dollar and rising oil prices weighed on the market. Investors are closely watching President Trump's decision on a potential ceasefire extension with Iran, amidst ongoing tensions in the Middle East. Meanwhile, other precious metals like silver, platinum, and palladium saw gains.

The Economic Times

Any deal with Iran that restricts Israel's ability...would be unwise: US Senator Graham draws red line

Senator Lindsey Graham issued a stern warning against any Middle East diplomatic deal that would impede Israel's military actions against Hamas and Hezbollah. He emphasized that Israel must be allowed to neutralize threats from Hezbollah, stating that any ceasefire would enable rearmament. Graham also expressed confidence that President Trump would…

The Economic Times

India, Oman trade pact to come into force from June 1; Check what's inside

India and Oman's Comprehensive Economic Partnership Agreement, CEPA, begins on June 1. This pact offers Indian exports 100% duty-free access to Oman. Key sectors like textiles and agriculture will see immediate benefits. Oman also grants zero-duty access to Indian industrial goods. India protects sensitive domestic industries. Service professionals gain new…

The Economic Times

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Iran says no deal with US unless its rights secured

Iran's chief negotiator says Tehran will not agree to any deal with the United States unless Iranian rights are fully secured. Reports suggest Washington has sent a tougher peace proposal. This could delay an agreement to end the Middle East war and reopen the Strait of Hormuz. Both sides remain…

The Economic Times

Malta's Labour party wins historic fourth term in shadow of Middle East crisis

Maltese ⁠Prime Minister Robert Abela claimed a record-breaking, fourth successive general election victory for his Labour Party on Sunday after campaigning on the strength of a thriving economy and calling for a strong mandate to shield the tiny island state from the crisis in the Middle East.

France 24

UN Security Council to meet Monday as Israel deepens Lebanese incursion

Israeli troops have captured and planted their flag on a strategic mountain topped with the Crusader-built Beaufort castle near the city of Nabatiyeh in southern Lebanon, the military said Sunday. It is Israel’s deepest incursion into Lebanon in more than a quarter century. The UN Security Council will hold an…

France 24

India becomes BlaBlaCar's largest market as fuel price surge boosts carpooling

Rising fuel prices triggered by the Middle East war are driving a sharp increase in carpooling, with a ride-sharing platform reporting a surge in new users seeking cheaper ways to travel. This trend has been more pronounced in countries where fuel price increases driven by the war have been sudden…

The Economic Times

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Trump's National Security Meet On Iran Provides No Clarity On 'Final Determination'

There has been no announcement on a decision whether to approve a deal, or to pause the conflict in the Middle East, which has dragged on for three months now.

International Business Times

Gulf's other war: Inside UAE's hidden role behind strikes on Iran despite ceasefire — Report

The UAE's involvement in the Middle East conflict was deeper than previously known, with coordinated strikes on Iran, including energy facilities, even after an April ceasefire. These actions exposed divisions within the Gulf, as Saudi Arabia expressed concerns about escalating risks to regional energy supplies and global markets.

The Times of India

Dell Earnings Drive Tech Stocks Higher: Stock Market Today

Hope for peace in the Middle East and a well-received earnings report from Dell Technologies gave bulls the upper hand on Friday.

Kiplinger

Retailers under attack from weak demand, rising costs

Australia's retail sector faces a pincer attack as the war in the Middle East increases costs and pushes consumers to the brink.

AAP

Stocks Supported by Middle East Peace Hopes and AI Spending

The S&P 500 Index ($SPX ) (SPY ) today is up +0.21%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.65%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.25%. June E-mini S&P futures (ESM26 ) are up +0.20%, and June E-mini Nasdaq futures...

Barchart

TotalEnergies faces pressure at AGM over war gains and fossil fuel plans

Environmental groups are stepping up pressure on TotalEnergies ahead of its annual shareholder meeting in Paris on Friday, accusing the French oil and gas giant of profiting from the conflict in the Middle East while continuing to expand fossil fuel production despite France's climate commitments.

Radio France Internationale

Vance optimistic as US-Iran deal awaits Trump green light

WASHINGTON - US Vice President JD Vance said Washington and Tehran are close to agreeing a deal to extend their ceasefire in the Middle East war, but the potential breakthrough still hangs on President Donald Trump’s approval.

Bangkok Post

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Bangkok Post

Thailand posts record-high current account deficit in April as economy slows

Thailand posted a record-high current account deficit of $7.6 billion in April, with economic growth ‌slowing from the previous month from the impacts of the Middle East war and expected to get weaker, the Bank of Thailand said on Friday.

The Economic Times

Silver drops Rs 1,500/kg, gold at Rs 1.56 lakh/10 gms as Iran war tensions weigh. Key levels to watch

Gold and silver prices on the MCX opened slightly lower on Friday, with silver July futures falling 0.5% to Rs 2,68,018 per kg and gold June futures slipping marginally to Rs 1,56,316 per 10 grams. The decline came as investors balanced geopolitical uncertainty in the Middle East against hopes of…

Kiplinger

Snowflake Keeps the Tech Stock Rally Alive: Stock Market Today

Inflation data and a potential breakthrough in the Middle East were also in focus on Thursday.

The Economic Times

Why are oil prices down today, and will Brent and US WTI crude futures continue to drop or rise again? Ceasefire report and US stockpile data impact crude market

Why are oil prices down today, and will Brent and US WTI crude futures continue to drop or rise again? Oil prices moved lower after reports claimed the United States and Iran reached a ceasefire extension agreement. Brent crude and US WTI crude futures also reacted to lower-than-expected US crude…

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The Conversation

It’s not just high gas prices – inflation is now spreading through the US economy

Americans don’t need a press release to know that inflation is rising. Gasoline is above $4 per gallon amid the ongoing conflict in the Middle East and closure of the Strait of Hormuz, and the release of key price data on May 28, 2026, underscores why policymakers are worried these…

Barchart

Stocks Slip Before the Open as U.S.-Iran Flare-Up Lifts Oil and Bond Yields, PCE Inflation Data in Focus

June S&P 500 E-Mini futures (ESM26) are down -0.26%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.54% this morning, pointing to a lower open on Wall Street as oil prices and bond yields rose after fresh attacks in the Middle East cast doubt on whether an end to…

The Economic Times

ECB chief economist sees persistent impact on inflation from Iran war

Iran war impact: The European Central Bank's chief economist Philip Lane warns of lasting inflation from the Middle East conflict's energy shock. Even if the war ends quickly, energy costs may remain high. This could lead to further interest rate hikes by the ECB. Central banks must carefully manage monetary…

Bangkok Post

Mercedes-Benz sees record year for BEVs

Mercedes-Benz (Thailand) expects demand for battery electric vehicles (BEVs) to continue rising as global energy prices climb and geopolitical tensions in the Middle East create uncertainty.

Bangkok Post

Markets bullish despite flare-up in Middle East

Even though an Iran peace deal appears elusive amid new US strikes, stock sentiment remains convinced the conflict is winding down, which could push up the Thai bourse to 1,600 points by the end of the year, say analysts.

The Economic Times

Why are gold and silver prices down sharply today and will precious metals continue to fall or rise again? Gold hits two-month low as inflation fears rise

Why are gold and silver prices down sharply today and will precious metals continue to fall or rise again? Gold prices dropped to a two-month low after investors reacted to inflation concerns, rising oil prices, and expectations of interest rate hikes by the US Federal Reserve. Silver prices also declined…

AAP

Wall Street posts record closing highs, AI rally pauses

The Dow, S&P 500 and Nasdaq have notched record closing highs as healthcare and consumer stocks rose and investors kept a close eye on US-Iran peace talks.

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