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MYSTERIOUS: 3 | Mind Blowing Facts

John Healey calls on counterparts to ‘step up’ as he arrives at first G20 summit

The Chancellor urged a need to ‘step up international co-operation’ to tackle a ‘number of challenges’ including the Middle East and energy prices.

Evening Standard

UAE intercepts incoming Iranian drone, and other news from the Middle East

An Iranian drone was intercepted early Monday over the United Arab Emirates territorial waters, the Defense Ministry said

The Independent UK

Stocks Set to Open Lower as Fresh U.S.-Iran Flare-Up Lifts Oil, Jobs Data Awaited

September S&P 500 E-Mini futures (ESU26) are down -0.23%, and September Nasdaq 100 E-Mini futures (NQU26) are down -0.17% this morning, pointing to a lower open on Wall Street as renewed hostilities in the Middle East pushed oil prices higher.

Barchart

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Iran's supreme leader calls for Muslim unity against US and Israel

Iran’s Supreme Leader Ayatollah Mojtaba Khamenei urged Muslim countries to unite against Israel and the United States amid wider Middle East tensions. A tanker was struck in the Strait of Hormuz, Israel evacuated Netanyahu’s son from the US over a threat, and an Israeli strike killed two Palestinians in Gaza.

The Economic Times

A major US ally in the Middle East could soon lose military aid, and it’s not Israel

They helped defeat ISIS and faced Iranian attacks

We Got This Covered

USS Abraham Lincoln sails past Singapore on way home after gruelling Middle East deployment

The USS Abraham Lincoln, an aircraft carrier, is heading back home after more than 250 days of supporting operations in the Middle East, recently passing by Singapore. Despite reports of declining crew morale and supply difficulties, US Navy representatives have rejected the idea of a widespread mental health crisis. The…

The Times of India

Israeli strikes and fire kill 3 Palestinians in Gaza, and other Middle East news

Israeli strikes and fire have killed three Palestinians and wounded others in Gaza, according to local health officials

The Independent UK

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US diplomats and family members slowly begin to return to Middle East embassies

US diplomats and some family members are returning to American embassies across the Middle East after six months of war with Iran prompted evacuation orders. The State Department is easing staffing restrictions and introducing a “restricted operations” status, largely to address personnel rules and benefits, rather than signal a policy…

The Economic Times

Dollar Strength and Increased Middle East Oil Flows Weigh on Crude Prices

October WTI crude oil (CLV26 ) closed down -0.13 (-0.16%) on Friday, and October RBOB gasoline (RBV26 ) closed up +0.0598 (+2.00%). Crude oil and gasoline prices settled mixed on Friday. Crude prices posted modest losses on Friday after the dollar index ($DXY ) rallied to a 2-week high. Also,...

Barchart

Spain wins EU backing for temporary fuel tax cuts as Middle East crisis keeps prices high

Spain has joined the EU's fuel tax relief club, but also secured exceptional permission to breach the bloc's normal tax floor under the bloc's energy taxation rules.

Euronews

UK warns against Israel removing it from Gaza ceasefire center, and other news in the Middle East

The U.K. government warned against any attempt by Israel to remove British officials from the Gaza ceasefire coordination center after reports that Israel was considering expelling U.K. and potentially other European officials

The Independent UK

Iran-US war latest: Tehran tells Trump ‘pressure on us won’t work’ after meeting US ally Qatar

Tehran said restoring dialogue with Trump was ‘not an impossible mission’

The Independent UK

US to send new aircraft carrier to Middle East as Iran war drags on

The USS Theodore Roosevelt strike group is expected to deploy to the Middle East in coming weeks, replacing the USS George Washington after more than seven months at sea. The move comes as the US maintains carrier-based strike capabilities amid its war with Iran, while seeking to ease pressure on…

The Economic Times

Crude Oil Prices Pressured as Middle East Crude Supplies Increase

October WTI crude oil (CLV26 ) is down -0.09 (-0.11%) today, and October RBOB gasoline (RBV26 ) is up +0.0079 (+0.27%). Crude oil and gasoline prices are mixed today. Dollar strength is weighing on crude prices today after the dollar index rose to a 1-week high. Crude is also under...

Barchart

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The Independent UK

Bulletin PM briefing: Second Nepal flood fears and Butcher of Bosnia dead

Nepal flash flood death toll rises amid fears over second disaster. Russia says UK is ‘playing with fire’ as it threatens military bases. Who was Ratko Mladic? Butcher of Bosnia dies in prison aged 84. Another US aircraft carrier heading to Middle East as Trump makes Iran war vow. Teacher…

The Independent UK

UK air passenger numbers break record despite Middle East disruption

New data shows that the aviation industry remained resilient in the face of geopolitical turbulence

The Independent UK

Regional powers seek off-ramp from Iran war, and other Middle East developments

Regional powers are seeking an off-ramp from the Iran war as another tanker attack is reported in the Strait of Hormuz

The Economic Times

Global Market: European shares steady as Nvidia boost offsets consumer, auto weakness

European shares were largely flat as gains in technology stocks, fuelled by Nvidia’s upbeat revenue outlook, offset declines in consumer goods, chemicals and automobile stocks. Investors also tracked Middle East developments and falling oil prices, with hopes of progress in talks involving Iran and Qatar potentially easing concerns over energy…

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The Independent UK

Another US aircraft carrier heading to Middle East as Trump makes Iran war vow

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The Economic Times

Oil prices extend losses on expectations talks to ease Middle East supply woes

Oil prices have declined as discussions between Iran and Qatar may pave the way for reopening the crucial Strait of Hormuz. This reopening could alleviate supply issues arising from the ongoing conflict in the Middle East. Currently, Iran and Oman are working on arrangements for overseeing this vital shipping route.…

The Economic Times

Iran warns of military ship ban in Hormuz under potential deal with Oman

Iran and Oman are negotiating arrangements to manage commercial shipping through the Strait of Hormuz, excluding military vessels, as Qatar seeks to de-escalate tensions. The Middle East remains volatile: Israeli strikes challenge Gaza’s ceasefire, Israel demands Hamas disarmament, West Bank settlements expand, sanctions intensify, and the Iran war disrupts air…

AAP

Qantas to jettison flagship jet sooner as profit slides

Qantas will begin phasing out its "much-loved" Airbus A380s four years earlier than planned, after its annual profits hit turbulence.

The Independent UK

Iran warns of military ship ban in Hormuz under potential deal with Oman and other Middle East news

Iran will not allow military vessels to transit through the Strait of Hormuz if the agreement the Islamic Republic is negotiating with Oman is finalized

The Economic Times

Indian engineering giant L&T’s order wins signal Middle East revival

Larsen & Toubro reported an impressive acquisition of thirteen new orders since the beginning of July, including seven contracts from the Middle East. This trend is a clear sign of revitalized economic activity in the area. The company heavily relies on its Middle Eastern revenue for overall earnings. With businesses…

France 24

Trump says he believes Iran’s leader is still alive but 'seriously wounded'

President Donald Trump on Wednesday said he believes Iran’s Supreme Leader Mojtaba Khamenei is “very seriously wounded”, but not dead. Khamenei has not been seen in public since the US and Israel launched the Iran war in February, prompting months of speculation over the new Iranian leader’s health. Follow our…

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