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DARK SECRETS: 4 | Rare Historical Photos

US consumer sentiment drops in August on inflation worries

In August, U.S. consumer sentiment took a hit, largely due to ongoing inflation concerns and the escalating conflict in the Middle East. The war launched by the U.S. and Israel against Iran has caused a surge in global energy prices. This downturn in sentiment is striking across all political affiliations,…

The Economic Times

Crude Prices Slip as More Oil Flows Through the Strait of Hormuz

October WTI crude oil (CLV26 ) is down -0.35 (-0.42%) today, and October RBOB gasoline (RBV26 ) is up +0.0510 (+1.71%). Crude oil and gasoline prices are mixed today. Crude prices are under pressure from today’s rally in the dollar index ($DXY ) to a 1-week high. Also, signs of...

Barchart

Six months on, the Iran war has changed the Middle East, but not in the way its architects had hoped

The Iran war has changed the Middle East, but not in the ways that the United States and Israel had hoped

The Independent UK

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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 Settles Higher on Diplomacy Doubts to End US-Iran War

October WTI crude oil (CLV26 ) closed up +1.30 (+1.58%) on Thursday, and October RBOB gasoline (RBV26 ) closed up +0.0298 (+1.01%). Crude oil and gasoline prices settled higher on Thursday. Crude prices rallied Thursday after a Wall Street Journal report said the US has no interest in returning to...

Barchart

When Will Crude Oil Prices Stabilize?

Crude oil prices have declined from the March 2026 high, but they remain highly volatile, driven by uncertainty and hostilities in the Middle East. Crude oil’s trend since March 2026 has been bearish, but the potential for price spikes remains a clear and present danger in late August 2026.

Barchart

US runs short of Patriot missiles in Europe as Iran war drains stocks

United States military faces a critical shortage of advanced missile interceptors in Europe. This depletion is largely driven by President Donald Trump's conflict with Iran. US missile stocks have been moved to the Middle East for operations against Iran. This situation raises concerns about NATO's vulnerability to potential Russian attacks.…

The Economic Times

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Once a top export, prized Kashmir carpet fades

It has survived wars and upheavals, but the famed handwoven Kashmir carpet industry is now battling a steady decline as younger generations abandon the painstaking craft. Until the 1980s, carpets were Kashmir's top export, but volumes have since steadily declined, with wars in Ukraine and the Middle East the latest…

The Economic Times

Georgia and Armenia Budget Travel Guide for Indians: The Caucasus Circuit That Costs Less Than Europe

Why These Two Countries Keep Getting SkippedMost Indian travelers routing through the Middle East on a layover have flown within an hour of Tbilisi without knowing it. Georgia and Armenia don't appear on the standard shortlist, Bali, Europe, Thailand, Dubai, because no one in your extended family has been there…

Times Life

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…

The Economic Times

USS Abraham Lincoln will stop in Thailand on its way home from lengthy deployment in Middle East

The USS Abraham Lincoln aircraft carrier will visit Thailand next week. This stop allows the crew much-needed rest and recovery after a long deployment. The ship supported U.S. operations in the Middle East for over 250 days. Concerns about crew well-being and supply shortages had been growing recently. Three U.S.…

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…

The Economic Times

Who’s in command? US Army’s top brass is thinning out as Hegseth fires generals amid Iran war

The US Army faces a leadership crisis with no permanent chief of staff. Several senior officers have been dismissed, impacting experienced leadership within the service. This turmoil occurs as the Army confronts significant global threats and modernization challenges. Army air-defense units are actively protecting troops from missile attacks in the…

The Economic Times

USS Abraham Lincoln heads to Thailand for a brief stop after lengthy deployment at sea

The U.S. aircraft carrier USS Abraham Lincoln is set to make a temporary stop in Thailand after its deployment in the Middle East

The Independent UK

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AAP

'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.

The Independent UK

Father of USS Lincoln sailor released from ICE custody after arrest while son was deployed to Iran war

His arrest as his son was entering his ninth month on the USS Abraham Lincoln sparked intense backlash

The Economic Times

US prepares to send diplomats back to Middle East embassies after Iran war evacuations: Report

Embassies slated to restore higher staffing levels include those in Israel, Lebanon, Saudi Arabia, Qatar, Jordan, Oman, Iraq and Kuwait, according to the report. The State Department is continuously reviewing the security posture of its diplomatic missions worldwide and is adjusting staffing levels at certain posts in the Middle East…

Fortune

‘This is obviously a very, very lucrative business for them’: Somali pirates are back—the Iran war is keeping the US too busy to stop them

Brett Erickson, a managing principal at Obsidian Risk Advisors, says Somali pirates have a lower risk of American retaliation because of resources in the Middle East.

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The Economic Times

Emami well-placed to tap rural recovery, premiumisation trends: Chairman S Goenka

Emami anticipates benefiting from rural demand recovery and urban premiumisation trends. Favorable monsoons and rising affordability are reviving rural consumption for the company. Strategic investments in new-age brands will significantly contribute to future turnover. Overseas operations in Bangladesh, the Middle East, and Africa remain a focus.

Fortune

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.

Evening Standard

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.

The Independent UK

USS Lincoln to dock in Thailand for ‘rest and recreation’ after sailors’ grueling deployment

The Lincoln, which left the Middle East on Saturday, has not made a port call in more ⁠than 200 days, a modern-day record for consecutive days at sea

Motorsport

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

Euronews

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.

Bangkok Post

USS Abraham Lincoln to dock in Thailand next week

⁠The aircraft carrier USS Abraham Lincoln is expected to dock in Thailand next week, following a prolonged deployment in the Middle East that raised concerns about conditions aboard the US Navy ship.

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