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DARK SECRETS: 4 | Vintage Vibes

'And we're back': more Aussies booking overseas trips

Travel group Flight Centre took a $60 million hit in the back end of 2025/26 due to the Middle East war, but is now seeing a pick-up in overseas trips.

AAP

US starts returning staff to Middle East missions after Iran war evacuations: Sources

United States personnel are returning to some Middle East diplomatic missions after tensions eased. Staff will go back to posts in Lebanon, Israel, and Saudi Arabia. Family members can also return to the U.S. post in Riyadh, Saudi Arabia. This move suggests a lower risk of conflict escalation with Iran…

The Economic Times

Crude Oil Prices Sharply Lower as Middle East Hostilities Subside

October WTI crude oil (CLV26 ) closed down -2.65 (-3.12%) on Tuesday, and October RBOB gasoline (RBV26 ) closed down -0.0391 (-1.32%). Crude oil and gasoline prices settled sharply lower for a second day on Tuesday, falling to 1-week lows. Crude prices came under pressure on Tuesday after a news...

Barchart

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Crude Prices Tumble on Signs of Easing US-Iran Hostilities

October WTI crude oil (CLV26 ) is down -2.55 (-3.00%) today, and October RBOB gasoline (RBV26 ) is down -0.0183 (-0.62%). Crude oil and gasoline prices added to Monday’s sharp losses, falling to 1-week lows today after a news report said the US would be returning diplomats to Middle East...

Barchart

US Has Only 41 Days of Oil Inventory Left: What Happens if the Middle East Crisis Gets Worse?

US crude oil inventories have dropped to a 50-year low due to Middle East conflicts, with the Strategic Petroleum Reserve declining by over 100 million barrels of oil from a year earlier.

International Business Times UK

Trump’s pronouncements are triggering instant trades in the Middle East as UAE investors place bigger bets

The UAE’s retail trading market now rivals Singapore, industry executives say, as war, gold, AI and the U.S. President drive a new appetite for risk.

Fortune

Households brace for winter energy squeeze as Ofgem to reveal October price cap

Analysts are expecting household bills to increase after the Middle East conflict affected wholesale prices.

Evening Standard

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Formula E insists Jeddah season opener is on despite Middle East conflict

While the future of F1 and MotoGP races in the Middle East remains uncertain, Formula E says its Jeddah opener is unaffected for now

Motorsport

Finnair cancels Dubai flights for entire winter season

The Finnish carrier says continuing instability in the Middle East means services will remain suspended until March 2027.

Euronews

Ship disabled by attack in Strait of Hormuz and other news from around the Middle East

An oil tanker was disabled after being struck by an unknown projectile off Oman, underscoring shipping risks as Iran maintains tight control over the Strait of Hormuz

The Independent UK

AI is keeping Asia afloat as inflation weighs it down: Moody’s Analytics

In the Asia-Pacific landscape, economies are diverging with AI-driven export demand providing a silver lining. Nonetheless, domestic consumption and business activities are hindered by inflation and soaring interest rates. India continues to shine as a key player but is not immune to the threats posed by rising oil costs and…

The Economic Times

Global market: Mainland China stocks slip as metal shares drop, investors await Jackson Hole cues

Mainland Chinese stocks declined, led by non-ferrous metals, amid Middle East tensions and caution ahead of Jackson Hole. Investors await Fed Chair Kevin Warsh’s remarks for policy clues, while Hong Kong equities also fell. Unitree’s sharp post-IPO decline raised valuation concerns, though Morgan Stanley expects potential catalysts from September.

The Economic Times

'Hawkish' RBA minutes reveal rate rise still an option

An extended conflict in the Middle East, a larger-than-anticipated AI boom and ongoing low productivity growth could force the Reserve Bank to lift rates again.

AAP

L&T wins ₹5,000-10,000 crore 'major' order to build 3 battery storage projects in Middle East

With the recent acquisition of a major contract for three battery energy storage ventures, Larsen & Toubro is poised for expansion. This initiative will provide a total of six gigawatt-hours in storage capacity. The projects also involve the construction of crucial grid connectivity infrastructure that ensures each system provides four-hour…

The Economic Times

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Bangkok Post

Six months into Iran war, Hormuz traffic way down, sailors stranded

PARIS (FRANCE) - Six months since the start of the Middle East war, the strategic Strait of Hormuz remains largely paralysed, with thousands of sailors still stranded in the Gulf and commodity carrier traffic way below its normal level.

Bangkok Post

Stocks, oil slip ahead of US threat of economic war against Iran

LONDON — Oil prices eased after strong gains last week while stock markets faltered on Monday as investors awaited details of a US plan to impose massive economic pressure on Iran to end the Middle East war.

Bangkok Post

Southeast Asia's budget airlines eye recovery but fuel scars linger

HONG KONG - Southeast Asia's budget carriers are hoping the worst of ‌the Middle East-driven fuel shock is behind them but face a difficult second half as margins remain under pressure and strained household budgets threaten demand, airline executives and analysts said.

The Independent UK

Iran warns of a harsh response to anticipated US sanctions and other Middle East news

Iran has warned that U.S. sanctions set to be announced would not bring peace to the region

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The Economic Times

Interventions hold rupee on narrow leash, traders await US sanctions on Iran

The Indian rupee showed little movement on Monday, remaining steady in a limited range due to ongoing central bank actions. Market participants are keenly observing potential U.S. sanctions on Iran, while the continuing conflict in the Middle East poses risks to oil prices and India's import reliance. Meanwhile, the dollar…

The Economic Times

L&T wins ultra-mega Middle East gas project worth over ₹15,000 crore

Larsen & Toubro announced an ultra-mega contract exceeding fifteen thousand crore rupees. This significant project involves building gas compression facilities and related infrastructure. The contract was awarded through a letter of award issued in fiscal year twenty twenty-six. L&T Energy Hydrocarbon Onshore will execute the entire project on an EPC…

The Independent UK

Iran’s president says US memorandum is best path out of stalled war, and other Middle East news

Iran's president has defended a memorandum of understanding with the U.S. as the best way to end a stalled conflict

Euronews

From Middle East to e-sports: Macron hosts Saudi crown prince Mohammed bin Salman

Long ostracised on the international stage after the murder of Saudi journalist and dissident Jamal Khashoggi, "MBS" has in recent years regained status as a valued strategic partner.

The Economic Times

Six EU countries urge windfall tax on energy firms

Six EU nations are urging a bloc-wide windfall tax on oil companies. Profits have surged due to the ongoing Middle East war and rising costs. Ministers want this levy discussed at an upcoming meeting of finance chiefs. They cite lessons learned from a similar measure introduced in 2022. Germany's finance…

The Independent UK

Iran says the world has accepted it has defeated the US, and other Middle East developments

Iran's president claims the world has accepted that Iran won its war with the United States

The Independent UK

Settlers kill a Palestinian teen in a West Bank clash, and other Middle East developments

Israeli settlers have killed a Palestinian teenager after a rock-throwing incident in the occupied West Bank

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