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BIZARRE: 8 - You Need To See This

Methanol, pistachios and cement: the other Iranian exports being choked by the war

The war between Iran, the US and Israel has escalated into a major global crisis, with consequences that are reaching far beyond the Middle East. The closure of the Strait of Hormuz, through which around 25% of the world’s oil ordinarily passes, has rattled global energy markets.

The Conversation

NYSE Content Update: Mastercard Celebrates Two Decades as NYSE-Listed Company

NEW YORK, May 26, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Ashley Mastronardi delivers the pre-market update on May 26thInvestors are monitoring new developments in the…

AAP

Stocks Set to Open Higher as U.S.-Iran Peace Hopes Hold, PCE Inflation Data and Fed Speak Awaited

June S&P 500 E-Mini futures (ESM26) are up +0.67%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.03% this morning as investors remained hopeful that the latest U.S. strikes on Iran would not derail talks to end the Middle East conflict.

Barchart

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Why are some airlines slashing flight prices amid the war in the Middle East?

While Europe-Asia airfares soar, budget airlines slash or keep prices low to tempt people back into travel amid weak demand and higher operational costs. How can they do it and how long will it last?

Euronews

Khamenei raises stakes in Iran's war vs US; says America 'no longer' has safe haven in Mideast

Iran's Supreme Leader warned regional powers would no longer shield US bases, stating America would lose safe havens in the Middle East. This comes as the US military conducted "self-defense" strikes in southern Iran, despite ongoing negotiations. President Trump, meanwhile, suggested expanding the Abraham Accords to include several regional nations.

The Economic Times

Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis

Sri Lanka's central bank enacted a significant 100 basis point policy rate hike, its largest in four years, to combat rising inflation and a weakening rupee. This move comes as the nation grapples with soaring energy prices driven by the Middle East conflict, impacting economic growth and foreign reserves.

The Economic Times

The Philippines Sets a New Standard in Muslim-Friendly Tourism

MANILA, Philippines, May 26, 2026 /PRNewswire/ -- The Philippines continues to strengthen its position as a rising Muslim-friendly destination in Asia, welcoming travelers from the Middle East and the wider Muslim world through a growing ecosystem of halal- and Muslim-friendly tourism experiences. This momentum is further complemented by the country's…

AAP

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Why are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil market reacts to US-Iran peace deal hopes

Why are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil prices dropped nearly 7% after reports suggested the United States and Iran were moving closer to a deal linked to the Strait of Hormuz. Brent crude and…

The Economic Times

Middle East seat capacity plummets

Monthly seat capacity on routes between the Middle East and Thailand has fallen by 33.7% compared with the period before the Gulf war, prompting the Tourism Authority of Thailand (TAT) to diversify its markets to remain resilient.

Bangkok Post

The Abraham Accord plus: Trump aims for grand bargain tying Islamic world, including Iran, with Israel

TOI correspondent from Washington: US President Donald Trump on Monday dramatically raised the stakes in already delicate peace efforts in the middle east by demanding that key Muslim allies – including Saudi Arabia, Pakistan, Turkey, and Qatar – sign onto the Abraham Accords as a condition for participating in what…

The Times of India

Trump demands widespread sign-up to Abraham Accords as part of Iran peace deal

WASHINGTON (UNITED STATES) - US President Donald Trump on Monday urged Muslim-majority nations across the Middle East and beyond to normalize relations with Israel as part of the emerging Iran peace deal.

Bangkok Post

'Should be mandatory': Trump wants Muslim nations to join Abraham Accords — what it means and why Pakistan is in a bind

US President Donald Trump called on several Muslim-majority countries including Pakistan to sign the Abraham Accords as part of what he described as a historic reshaping of the Middle East.

The Times of India

Fears over Thai car exports as Mideast war hits trade

Thailand’s automotive industry is bracing for a potential setback in 2026, with car production expected to miss its target for the first time in five years if the war in the Middle East drags on beyond three months and shipping routes through the Strait of Hormuz remain disrupted, says the…

Bangkok Post

Possible Iran-US deal: What we know about the key issues on both sides

The United States and Iran have downplayed prospects for a rapid deal to end the Middle East war, despite signs of progress in talks. Key sticking points remain over Iran’s nuclear programme, control of the Strait of Hormuz, sanctions relief and a possible ceasefire in Lebanon, with both sides signalling…

France 24

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The Times of India

Why is the Iran deal still stuck? Hormuz, uranium, US blockade and the unresolved fault lines

Intense diplomatic efforts are underway to secure an agreement between the US and Iran, aiming to end the Middle East conflict, reopen the Strait of Hormuz, and ease energy market pressures. Despite claims of progress, significant disagreements persist over uranium enrichment, sanctions relief, and regional influence, leaving a final deal…

Bangkok Post

Hong Kong airport set for volume shift after flights rejigged amid fuel crisis

Hong Kong's airport is set for a shift in volume this summer after airlines quietly swapped jet sizes and reduced scheduled flights to manage costs amid a global fuel crisis and following a jump in economy passenger fares to Europe.

The Economic Times

Pilgrims kick off hajj as war's trajectory hangs in the balance

Over 1.5 million Muslims have converged in Mecca for the annual hajj pilgrimage. This significant religious event unfolds against a backdrop of regional conflict and hopes for peace. Pilgrims from across the globe are participating, with Saudi Arabia enhancing security measures. The hajj rituals are underway, drawing worshippers to holy…

AAP

FED:Second 'ISIS bride' cohort book plane tickets home

Women and children linked to Islamic State have earmarked plans to return to Australia after booking flight tickets out of the Middle East.

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AAP

Second 'ISIS bride' cohort book plane tickets home

Women and children linked to Islamic State have earmarked plans to return to Australia after booking flight tickets out of the Middle East.

The Economic Times

US Stock Market: Wall Street faces macro headwinds after strong earnings season

U.S. equities face increased volatility as investors pivot from strong earnings to macroeconomic concerns like rising inflation and elevated Treasury yields. Geopolitical tensions in the Middle East are exacerbating these worries, with upcoming inflation data and Fed policy expectations now key market drivers.

AAP

Stocks rally, oil and dollar ease on Mideast peace hope

The Nikkei has surged to a record high and US stock futures have gained as hopes for an end to the war in the Middle East fuel investors' risk appetite.

The Economic Times

AI chip demand drives 6% growth for Singapore in first quarter

Singapore's economy surged six percent in the first quarter. Demand for artificial intelligence chips is driving this growth. This boost helps balance challenges from the Middle East conflict. The government maintains its annual economic forecast. Strong performance in trade, manufacturing, and finance sectors is noted. AI-related demand is expected to…

International Business Times UK

Trump Orders Negotiators to Take Their Time Closing a Deal with Iran as the World Teeters on Economic Collapse

President Trump advises patience in US-Iran negotiations, maintaining a blockade at the Strait of Hormuz, amid escalating tensions and economic concerns in the Middle East.

Bangkok Post

Thai aviation faces tougher quarters

Thai airlines, which reported mixed financial results in the first three months of 2026, will remain under pressure in the second and third quarters from the oil price spike as the uptick in airfares and fuel surcharges are insufficient to cover the surge in costs.

Bangkok Post

Noble adjusts tactics to rental and Middle East markets

SET-listed Noble Development is shifting its focus to the rental market and overseas buyers from the Middle East as weak domestic purchasing power and tighter mortgage lending continue to weigh on Thailand's residential property market.

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