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The Latest Breaking News from Middle East

Abercrombie & Fitch Q1 Earnings Call Highlights

Abercrombie & Fitch (NYSE:ANF) reported record first-quarter fiscal 2026 net sales and maintained its full-year outlook, even as geopolitical pressure in the Middle East and parts of Europe weighed on results in the EMEA region. Chief Executive Officer Fran Horowitz said the company delivered i

MarketBeat

Insurance sector may face impact if West Asia crisis prolongs: LIC chief Doraiswamy

The insurance sector may face moderation if the Middle East crisis persists, potentially reducing people's income and impacting spending and saving patterns, according to LIC CEO R Doraiswamy. He also stated that LIC is prepared for further stake dilution by the Centre, awaiting the right market conditions. LIC recently reported…

The Economic Times

Middle East crisis: Rubio says ‘some progress’ on US-Iran deal after Trump says ‘maybe we’ll just have to finish the job’ – as it happened

Trump and secretary of state give conflicting messages about the status of deal with Iran as US president meets with his cabinet

The Guardian - UK

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Trump can’t sell the Abraham Accords on a Middle East that has lost trust in the US

As the US and Iran try to come to terms on a peace deal to end their months-long war, US President Donald Trump this week has introduced a new demand – that other countries in the Middle East sign on to his Abraham Accords, normalising relations with Israel.

The Conversation

Oil price hits $100 as Brent Crude rises over 4 per cent. Will rate go further up?

US and Iran have been working on an agreement to end the Middle East war and reopen the crucial waterway to tanker and cargo traffic since a fragile ceasefire on April 8.

The Economic Times

Freightos Q1 Earnings Call Highlights

Freightos (NASDAQ:CRGO) reported a softer-than-expected first quarter as disruptions in Middle East trade corridors weighed on transaction activity, even as the company said it continued to expand its carrier network and build its solutions pipeline. Chief Executive Pablo Pinillos, who stepped into

MarketBeat

Experts issue stark warning over food inflation – and it’s here to stay

Furniture and health and beauty products are getting more expensive as a result of the Middle East conflict

The Independent UK

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Stocks Set to Open Higher as U.S.-Iran Peace Hopes Hold, PCE Inflation Data and Fed Speak Awaited

June S&P 500 E-Mini futures (ESM26) are up +0.67%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.03% this morning as investors remained hopeful that the latest U.S. strikes on Iran would not derail talks to end the Middle East conflict.

Barchart

Market Wrap: Sensex falls 479 points, Nifty below 23,950 as bank stocks falter; small, midcaps shine

Indian benchmark indices Sensex and Nifty closed significantly lower on Tuesday, impacted by a downturn in banking, oil and gas, and pharma stocks. Investor sentiment shifted following U.S. strikes in southern Iran, reigniting Middle East conflict concerns. Broader markets, however, showed resilience, with midcap and smallcap indices posting gains.

The Economic Times

UK Household Energy Bills May Surge Again as US Strikes on Iran Fuel Oil Supply Fears

UK households may face increased energy bills this summer due to Middle East tensions affecting global markets. Ofgem's upcoming price cap announcement could see annual costs rise significantly.

International Business Times UK

Middle East crisis: Iran’s foreign ministry says US broke ceasefire with overnight strikes – as it happened

The US military said it carried out strikes on Monday against targets including boats attempting to lay mines and missile launch sites

The Guardian - AU

Israel deploys ‘significant ground forces’ to expand operations in southern Lebanon

The Israeli army has deployed "significant ground forces" to expand its operations in southern Lebanon, taking control of "strategic areas", Israeli Prime Minister Benjamin Netanyahu said on Tuesday. Earlier, the town of Nabatiyeh was targeted by Israeli strikes following an unprecedented evacuation order. Read our blog to see how the…

France 24

Proposed US-Iran pact to reopen Hormuz, end Iranian transit charges: Report

The United States and Iran are discussing a plan that would open the Strait of Hormuz roughly 30 days after the two sides reach a deal to end hostilities, a Middle East diplomatic source told Nikkei on Monday.

The Times of India

Israel pounds Lebanon with fresh air strikes, vows to 'crush' Hezbollah

Israel intensified air strikes across southern and eastern Lebanon on Monday after Prime Minister Benjamin Netanyahu vowed to “crush” Hezbollah, deepening fears of a wider regional conflict. The escalation comes despite an April ceasefire and as another round of US-Iran talks takes place in Doha in a bid to negotiate…

France 24

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The Economic Times

The Abraham Accords: The boldest Middle East gamble in decades, did it actually work? Here's all about it

Abraham Accords: Trump just called six Muslim nations to sign the Abraham Accords — live, out loud, tied to an Iran nuclear deal. Pakistan said no. The rest went silent. This is the biggest Middle East normalization push since 2020. And the world is watching to see if it cracks…

Bangkok Post

Trump demands widespread sign-up to Abraham Accords as part of Iran peace deal

WASHINGTON (UNITED STATES) - US President Donald Trump on Monday urged Muslim-majority nations across the Middle East and beyond to normalize relations with Israel as part of the emerging Iran peace deal.

The Guardian - UK

Shock of Iran war unites Middle East rivals in pushing Trump towards peace

Region is adapting to diminished US power after Washington fails to land knockout blow on Tehran

Bangkok Post

Fears over Thai car exports as Mideast war hits trade

Thailand’s automotive industry is bracing for a potential setback in 2026, with car production expected to miss its target for the first time in five years if the war in the Middle East drags on beyond three months and shipping routes through the Strait of Hormuz remain disrupted, says the…

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The Economic Times

Trump says Iran talks ‘proceeding nicely’, pushes for expanded Abraham Accords

US President Donald Trump stated Iran negotiations are progressing well. He warned of a larger conflict if a deal is not reached. Trump also urged more countries to join the Abraham Accords. He believes this expansion can create a powerful and economically strong Middle East. Diplomatic efforts continue to stabilize…

France 24

Possible Iran-US deal: What we know about the key issues on both sides

The United States and Iran have downplayed prospects for a rapid deal to end the Middle East war, despite signs of progress in talks. Key sticking points remain over Iran’s nuclear programme, control of the Strait of Hormuz, sanctions relief and a possible ceasefire in Lebanon, with both sides signalling…

The Economic Times

What needs to be agreed to end the Iran war?

Iran and the US are nearing an understanding on a 14-point memorandum of understanding. Discussions focus on ending the Middle East war and a US naval blockade. In return, Iran would ensure safe passage in the Strait of Hormuz. While progress is reported, difficult issues like Iran's nuclear program and…

The Economic Times

Global Markets | European shares climb to over two-month highs on Iran-US peace optimism

The pan-European STOXX 600 was up 0.61% at 628.93 points, as of 0712 GMT, trading just shy of a record high touched in late February, just before the Middle East war erupted.

The Economic Times

India turns to Latin American, African oil after Hormuz disruption

Indian refiners sought oil from Latin America and Africa as Middle East supplies faced disruptions. Imports from Venezuela, Brazil, Angola, and Nigeria increased. Russia remained a key supplier, though its share saw a dip. The UAE and Saudi Arabia saw increased imports. Overall oil imports in April remained steady but…

The Guardian - AU

Tehran expresses ‘resolute support’ for Hezbollah – as it happened

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France 24

Iran's president issues order to restore global internet access

Iran's ⁠President Masoud Pezeshkian has issued an order to reopen international internet access, Iranian state ‌media ⁠reported on Monday, ‌citing an official. Authorities first imposed an internet blackout from January 8 in response to nationwide anti-government protests, with access gradually returning to normal in February, before a new blackout following…

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