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Red alert for airlines? Middle East war pushes global passenger demand down 3.4% in April
The West Asia conflict has severely impacted global aviation, causing a 3.4% drop in passenger demand in April due to soaring fuel prices and airspace disruptions. Middle East carriers saw a drastic 46.6% decline. Airlines are reducing flights and increasing fares as a result of these ongoing challenges.
Asia-Pacific to lead global retail sales, weather Middle East conflict
Asia-Pacific is expected to drive global retail sales over the next five years, even as the Middle East conflict is hurting consumer confidence, according to business analysts. The war could continue to weigh on consumer and business sentiment for now due to higher energy prices and supply chain disruption, Anand Ramanathan, Deloitte Asia-Pacific’s retail and consumer products sector leader, said in an interview. “As borrowing costs rise and financial conditions tighten, consumers and...
Indian stock markets dive amid Middle East escalation
Indian stock markets dive amid Middle East escalation Published June 8, 2026last updated June 8, 2026What you need to know - India's Sensex and Nifty traded 0.7% lower an hour after opening - Markets are reacting to Middle East tensions, higher crude prices and possible Fed hikes Here's a roundup of the biggest headlines from India on Monday, June 8, 2026: 'We will tackle it': India's commerce minister on fresh US tariffs Days after the Trump administration proposed a new 12.5% tariff on...
Middle East ceasefire under attack as Trump claims talks underway
Middle East ceasefire under attack as Trump claims talks underway Entire Middle East on a knife-edge as US forces open fire on Iran and come under fire from Tehran's rocket and missile teams whilst the US claims serious peace negotiations are underway The Middle East ceasefire has come under fire as Israel and Iran exchanged missiles in a major escalation - despite Donald Trump’s peace talk claims. A man was killed and scores were injured as Iran unleashed missiles on Kuwait, in a fresh...
Middle East: UN doubles Lebanon aid appeal amid Israel war
Middle East: UN doubles Lebanon aid appeal amid Israel war Published June 5, 2026last updated June 5, 2026What you need to know - The UN has more than doubled its aid appeal for Lebanon to meet what it describes as a "deteriorating" humanitarian crisis - Israel's air force has carried out more strikes on southern Lebanon after issuing a series of evacuation warnings - The UN World Food Program says rising fuel prices and transport costs arising from the Middle East conflict are pushing...
Middle East updates: US-Iran talks appear to stall again
Middle East updates: US-Iran talks appear to stall again Published June 2, 2026last updated June 2, 2026What you need to know - Reports of continuing strikes involving both Israel and Hezbollah despite Trump saying attacks would stop - US president said Israel and Hezbollah agreed indirectly that 'all shooting will stop' - Senior Iranian officer says Iran won't surrender, therefore 'war is inevitable' Below is a roundup of the developments in Iran and the Middle East on Tuesday, June 2....
Middle East: Iran says it targeted US bases in Gulf
Middle East: Iran says it targeted US bases in Gulf Published June 6, 2026last updated June 6, 2026What you need to know - Iran has attacked US bases in the Gulf - The government says the attacks are in response to US strikes along Iran's coastline - The US has said it shot down Iranian drones and attacked Iranian radar sites - The governments of Iran and Lebanon are arguing about negotiations with US, Israel Read below for a roundup of news related to the Iran war and the wider Middle East...
Middle East: Shaky Israel-Hezbollah ceasefire tested
Middle East: Shaky Israel-Hezbollah ceasefire tested Published June 6, 2026last updated June 7, 2026What you need to know - Israeli army says it intercepted projectiles fired from within Lebanon despite ceasefire - US says it destroyed two Iran drones targeting Hormuz shipping Read below for a roundup of news related to the Iran war and the wider Middle East on Saturday, June 6, and Sunday, June 7, 2026. Tired of missing our real-time updates?
Middle East: Israel strikes Beirut in first since ceasefire
Middle East: Israel strikes Beirut in first since ceasefire Published June 6, 2026last updated June 7, 2026What you need to know - Israeli army says it intercepted projectiles fired from within Lebanon despite ceasefire - US says it destroyed two Iran drones targeting Hormuz shipping - One killed, several injured in shooting attack in Israel Read below for a roundup of news related to the Iran war and the wider Middle East on Saturday, June 6, and Sunday, June 7, 2026. Tired of missing our...
Equities lose steam while oil slips amid uncertain Middle East outlook
Equities lose steam while oil slips amid uncertain Middle East outlook NEW YORK/LONDON, June 9 : MSCI's global equities gauge lost ground on Tuesday as heavyweight U.S. technology stocks stumbled and investors opted for safer bets, while oil prices fell as updates from the Middle East brought little clarity on progress towards peace. On Monday, Iran and Israel had boosted hopes that tensions would ease as they said they would stop attacking each other. But U.S. President Donald Trump said on...