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HISTORICAL FACTS: Middle east - The Untold Story

Algeria cuts diplomatic ties with UAE over 'provocative, hostile' actions

In a notable diplomatic shift, Algeria has officially severed ties with the United Arab Emirates, following a period of escalating tensions. The nations disagree on key regional matters, particularly concerning Western Sahara and the Sahel, with Algeria accusing the UAE of hostile provocations. This rift also underscores contrasting positions on…

The Times of India

India hosts BRICS summit as Iran war tests bloc unity

India hosts the BRICS Leaders' Summit this weekend seeking to boost its global profile. The summit faces challenges due to the Iran-UAE conflict, which has divided members. Leaders will attempt to find common ground on the Middle East crisis for a joint declaration. Chinese President Xi Jinping and Russian President…

The Economic Times

'We worry now': Oil tops $100, diesel hits record highs amid Iran war escalation

Benchmarks for crude oil and diesel hit warning thresholds as the war in the Middle East escalates.

Fortune

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Iran sends Trump ‘World War Three’ warning as tensions rise in Middle East

IN FULL

The Independent UK

Ahead of Market: 10 things that will decide stock market action on Thursday

Indian markets extended their losing streak for a third day as soaring oil prices and Middle East tensions hurt sentiment. Sensex fell 813 points, Nifty dropped 204 points, and BSE market capitalisation lost over Rs 2 lakh crore amid broad-based selling.

The Economic Times

Global Market: European markets fall as Middle East tensions push oil prices higher

European markets declined as investors awaited crucial US inflation stats, while escalating Middle East tensions propelled oil prices upwards, reigniting global inflation fears. Energy sector stocks gained as Brent crude approached the $100 mark, raising concerns that elevated energy prices could lead to prolonged high interest rates.

The Economic Times

Oil hits $100 for first time since July as chaos continues in Strait of Hormuz

Tensions have renewed in the Middle East after Houthi forces struck several Saudi cities

The Independent UK

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Global Market: Nikkei gains as AI, semiconductor stocks lift Japanese shares

Japan’s Nikkei rose 0.43% to 65,549.88, supported by renewed optimism in AI, semiconductor and data-centre demand despite Middle East tensions and higher oil prices. Strong manufacturer confidence and gains in technology stocks boosted sentiment, while a stronger yen and expectations of Bank of Japan rate hikes limited broader market advances.

The Economic Times

Gold subdued on inflation worries, rate hike expectations

Gold prices fell on Wednesday as conflicts in the Middle East intensified. The surge in crude oil prices typically fuels inflationary pressures. Key U.S. inflation data is anticipated later this week, leading traders to predict a forthcoming interest rate increase from the Federal Reserve. Meanwhile, the Bank of England is…

The Economic Times

Global Market Today: Asian chip stocks rise, oil climbs towards $100

Asian chip stocks experienced a remarkable uptick, fueled by lingering investor enthusiasm for artificial intelligence technologies. As Middle Eastern conflicts intensify, Brent crude oil prices are edging closer to the $100 per barrel mark. The Kospi index in South Korea gained one percent, largely due to gains from major chip…

The Economic Times

US stocks today: US stocks slip as AI fears weigh on software, while oil and rate bets add pressure

US stocks fell as renewed AI disruption fears hit software shares, while rising oil prices and shifting Federal Reserve rate expectations added pressure to markets. The S&P 500, Nasdaq and Dow declined as investors awaited inflation data, weighed Middle East tensions and reassessed the outlook for interest rates and equities.

The Economic Times

Yemen's Iran-backed Houthis have become an increasingly disruptive force in the Mideast

Yemen's Houthi rebels have become an increasingly disruptive force in the Middle East in recent years

The Independent UK

Iran war: Tehran’s assertive rhetoric signals a new and dangerous phase in conflict

Iran’s threat to target American warships with an enhanced ballistic missile appears to mark a new and potentially more dangerous phase of the Middle East conflict, six months in. Tehran says its solid-fuel Qassem Basir missile enables it to “take action against any threat, even before it is carried out”.…

The Conversation

The Pentagon has 50,000 troops still stationed across the Middle East. Officials are now reportedly considering cuts to U.S. forces in the region

Presidents have tried to pivot away from the Middle East for 25 years

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The Guardian - UK

Houthis strike Saudi Arabian cities in significant expansion of Middle East war

Riyadh says it will retaliate after overnight attacks by Iran-backed Yemen group on oil facilities wound more than 70

The Economic Times

Goldman Sachs’ big warning! Oil prices could soar to $120 if attacks on shipping continue in Hormuz Strait

Goldman Sachs warned Brent crude could rise to $120 a barrel if Middle East shipping disruptions intensify, while JPMorgan sees further upside with prolonged disruption. Rising geopolitical risks, Strait of Hormuz tensions and supply concerns are keeping oil prices elevated.

The Economic Times

Oil Price Today (September 8): Crude oil at $97 as simmering tensions raise supply worries. Experts weigh in

Oil prices soared on Tuesday due to escalating fears surrounding conflicts in the Middle East. Iran's threats of retaliation have raised alarms over potential disruptions in crude supplies. With projections indicating substantial price hikes if the Strait of Hormuz sees blockages, JPMorgan predicts increased Brent prices, while Goldman Sachs alerts…

The Economic Times

Oil rises as risks of prolonged Mideast conflict heighten supply worries

Oil prices surged on Tuesday as tensions in the Middle East escalated. Iran's warnings of potential retaliation fueled concerns over supply disruptions, impacting global oil shipments. Experts anticipate limited supply from the Persian Gulf continuing through late 2026. In light of these ongoing interruptions, Goldman Sachs has revised its oil…

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The Independent UK

Why the AfD’s German triumph is a win for Putin – and leaves Ukraine exposed

ANALYSIS: The AfD and the Trump administration, with its special envoys Steve Witkoff and Jared Kushner, are bound into a commercial friendship run out of the Kremlin by one man, writes world affairs editor Sam Kiley

The Economic Times

Israel cuts fuel tax as US-Iran conflict pushes up gasoline prices

Israel's finance minister ordered a fuel excise tax cut for two months. This action addresses the recent surge in gasoline prices across the nation. Petrol prices reached an all-time high, causing public dissatisfaction and concern. The tax reduction aims to lower the price of gasoline per litre. Global oil prices…

The Economic Times

Charting the global economy: US Job Growth exceeds projections

US labour market gains momentum, and Asian economies are holding up despite the conflict in the oil-rich Middle East.

International Business Times

The Middle East Conflict Is Not Yet Over. But A Post-war Strategy Is In The Works

The post-war strategy is being guided by the political strategists of the Trump administration in coordination with various US agencies. President Donald Trump himself has reportedly attended two meetings with senior aides in the recent weeks on the strategy. Trump has hinted ithat Washington is working on "something much bigger"…

The Economic Times

Oil ends week higher on renewed US-Iran strikes, diesel hits record

Oil prices have surged dramatically this week amidst escalating military tensions between the U.S. and Iran. Record-high retail diesel prices in the U.S. are fueling global inflation concerns. Supply chain disruptions in the Middle East are dealing a blow to crude oil futures. Analysts warn of potential further increases if…

The Conversation

Syria: journey through a country in ruins

Just over a decade ago, at the height of Russia’s bombing campagn in Syria in 2015, an old friend who had spent much of his career teaching in the Middle East sent me two photographs of the city of Homs, which had taken a particularly heavy bombardment at the hands…

The Economic Times

Global Market: European shares edge lower as investors await US jobs data

European shares edged lower on Friday as investors stayed cautious ahead of key U.S. jobs data, while Volkswagen shares jumped 6% after the automaker unveiled a restructuring plan involving 50,000 job cuts. Rising oil prices amid Middle East tensions added to inflation concerns, while banking and chemical stocks weighed on…

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