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YOU WONT BELIEVE: 14 | Mind Blowing Facts

Australian households face prospect of interest rate hike and petrol prices rising above $2 a litre

Economists’ warning comes as escalating Middle East crisis pushes global crude oil back above $US100 a barrel

The Guardian - AU

Middle East crisis: US carries out strikes across Iran as Tehran targets American bases in region – as it happened

Latest attacks come after Trump vowed ‘major military punishment’ for Tehran and its Houthi allies

The Guardian - AU

US stocks today: S&P 500, Nasdaq fall as investors juggle earnings, Mideast risks and tariffs

Major stock indices experienced declines as concerns over artificial intelligence spending intensified. New tariffs and escalating Middle East conflict also weighed on investor sentiment. Chipmaker Intel's shares fell despite forecasting strong quarterly results and increased future spending. Geopolitical risks, including U.S. strikes in Iran, caused oil prices to surge significantly.…

The Economic Times

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Euro zone business activity returns to growth in July for first time in four months, PMI shows

Euro zone business activity returned to growth in July for the first time in four months, driven by a rebound in new orders and stronger manufacturing and services output, an S&P Global survey showed. While the recovery suggests the bloc may regain momentum after a weak first quarter, economists cautioned…

The Economic Times

Global Market: European shares steady, set for weekly loss as oil surge, earnings keep investors cautious

European shares remained flat as investors assessed rising oil prices. Escalating Middle East tensions and corporate earnings influenced market sentiment. Germany's DAX gained, boosted by strong results from software firm SAP. Energy stocks declined after Neste's profit missed market expectations.

The Economic Times

An offer they can't refuse: Don's protection racket in the Middle East & Europe

Donald Trump's approach to international security resembles a protection racket, insisting that allies contribute more for American military support and armament. This transactional style echoes his history in real estate. Countries in the Gulf and Nato are responding to pressure for increased defense expenditures, turning their anxiety into financial gain…

The Times of India

Bitcoin trades near $65,000 as Middle East tensions dampen crypto sentiment; Ethereum also trades lower

Over the past 24 hours, Bitcoin declined 0.43% and Ethereum fell 2.23%. Among major altcoins, BNB, XRP, Solana, Hyperliquid, Dogecoin and Cardano dropped by as much as 4.09%, while Tron edged up 0.05%.

The Economic Times

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Pakistan's Asim Munir used oil deal with Iran to shield Saudi from attacks: Report

The report said the understanding was reached in late March, during the early stages of the ongoing US-Israeli conflict with Iran. It cited a Middle East diplomat, a regional intelligence official and another person familiar with the discussions, all of whom spoke on condition of anonymity. According to the report,…

The Times of India

In India, Iran war forces Diet Coke to roll out a bigger can, heftier price tag

Coca-Cola has raised Diet Coke prices in India by over 10% after the ongoing Middle East conflict disrupted supplies of aluminium cans. The company is importing costlier 330-ml cans from Southeast Asia as supplies of its usual 300-ml cans have been hit by shipping disruptions through the Strait of Hormuz.

The Economic Times

Asia going to sweat a lot more in coming weeks amid Middle East crisis

The Asia heatwave is set to intensify across Japan, China and South Korea, driving higher cooling demand, electricity consumption and LNG imports. The Asia heatwave comes as Middle East tensions due to US-Iran war threaten energy supplies, raising inflation risks through higher fuel and food prices while increasing pressure on…

The Economic Times

RBI intervention blunts oil surge, shores up rupee

The Reserve Bank of India intervened by selling dollars to prevent the rupee from reaching a record low. Surging oil prices and declining stock markets are currently pressuring the Indian currency. Geopolitical tensions in the Middle East are contributing to higher crude oil prices globally. India, heavily reliant on oil…

The Economic Times

Bitcoin, Ethereum, XRP, Dogecoin Fall as US Strikes on Iran Enter 13th Day: Analyst Says Correction Isn't 'Great' for the Market

Leading cryptocurrencies dived alongside stocks on Thursday as elevated Middle East tensions trimmed investors’ risk appetite.

Benzinga

Dollar rides yield surge as Middle East and trade wars raise inflation stakes

The dollar strengthened against major currencies on Friday. Rising oil prices and new trade tariffs fueled inflation concerns globally. U.S. Treasury yields climbed significantly, reaching multi-month highs. The yen remained near a 40-year low against the dollar. Investors anticipate central bank decisions amid inflationary pressures.

The Economic Times

US stocks today: Nasdaq plunges 2% as tech earnings spark AI spending worries

Wall Street closed sharply lower with Nasdaq down over 2% as weak Big Tech earnings and rising AI spending concerns hit sentiment. Surging oil prices above $100, driven by Middle East tensions, reignited inflation fears and pushed bond yields higher, overshadowing gains in defense stocks like Lockheed Martin.

The Economic Times

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The Independent UK

FTSE 100 falls as Middle East war intensifies

Brent oil topped 100 dollars a barrel on Thursday for the first time since May.

The Independent UK

Trump says Saudi Arabia must recognise Israel for nuclear deal to go ahead as president defends ‘dangerous’ plan

Israeli politicians warned the deal could cause a ‘crazy arms race’ in the Middle East

The Economic Times

Oil crosses $100: A 'perfect hurricane' can trigger bigger shock soon

Brent crude has surged past $100 as escalating Middle East tensions threaten two critical oil chokepoints — the Strait of Hormuz and Bab el-Mandeb — at the same time. While markets were already grappling with disruptions in Hormuz due to the US-Iran conflict, fresh Houthi attacks on Saudi oil tankers…

The Guardian - UK

Oil passes $100 a barrel again and shares slide as Middle East conflict escalates

Sharp rise in oil price reflects fears Houthi militias could strangle Saudi exports as US-Iran fighting intensifies

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news in one place.

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The Economic Times

US stocks today: US stocks fall as Big Tech earnings rekindle AI spending worries; oil hits $100

US stock markets faced a sharp downturn on Thursday, primarily driven by worries around Big Tech earnings. Following their quarterly financial disclosures, shares of Alphabet and Tesla fell sharply. Meanwhile, due to rising tensions in the Middle East, oil prices surged to $100 a barrel, reigniting worries about inflation and…

The Independent UK

The countries that have gained the most tourists since 2019, revealed

North Africa and the Middle East dominate the list

Euronews

ECB holds rates at 2.25% as the reignited Iran war keeps a second hike in play

The European Central Bank left interest rates unchanged on Thursday, pausing after June's first hike in three years as easing inflation bought policymakers time, while renewed fighting in the Middle East caused a new rise in energy prices, keeping another hike firmly on the table for autumn.

Bangkok Post

Iran vows to continue strikes in spreading Mideast war

TEHRAN - Iran vowed on Thursday to keep striking the region so long as it remains under attack, as the Middle East war spread to new fronts with Tehran’s Houthi allies attacking Saudi shipping in the Red Sea.

International Business Times UK

Trump's Saudi Nuclear Deal Could Allow Uranium Enrichment, Raising Fears of a New Arms Race

Donald Trump's Saudi nuclear deal permits uranium enrichment, sparking fears of a Middle East arms race as key safeguards are absent.

AAP

Renewables, batteries shield Australia from oil crisis

Australia has been spared from the Middle East energy crisis because of its rapid build-out of renewables and battery storage, a global energy body says.

The Economic Times

Dr Reddy’s shares crack 9% after weak Q1; these 3 brokerages slash their target prices

Dr Reddy’s shares plunged 9% on Thursday after the drugmaker reported a weak Q1 FY27 performance, with net profit tumbling 69% year-on-year to Rs 443 crore and revenue declining 6% to Rs 8,071 crore. Earnings were hit by a Rs 240 crore semaglutide API-related impact, including inventory provisions, while higher…

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