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Last update: 8 hours ago

Lebanon Death Toll: Lebanon’s health ministry says Israel-Hezbollah fighting has killed 3,020 people, with women and children among the dead, as displacement tops a million and strikes continue despite a fragile ceasefire. Iran War Diplomacy: Iran says it has sent a new 14-point peace proposal to the US via back-channels, while regional officials warn talks remain stalled and a Hormuz-linked squeeze keeps pressure on markets. Hormuz Fallout & Food Security: EU ministers warn Russia and China could exploit Iran war fallout, as Strait of Hormuz disruptions threaten energy and fertiliser flows and could trigger food shortages in developing countries. Regional Security: Pakistan condemned drone attacks on Saudi Arabia and voiced solidarity with Riyadh after reports of drones originating from Iraqi airspace, following UAE nuclear-plant strike claims. Markets & Debt: Oil climbed and bond yields weighed on stocks as investors priced in higher borrowing costs; the IMF urged Britain to stay on deficit-cutting plans amid Middle East-driven energy and inflation risks. Diplomatic Friction: Croatia’s president refused to approve Israel’s proposed ambassador, escalating public diplomatic tensions. Business & Sanctions: The US Treasury says Adani Enterprises will pay $275m to settle an OFAC probe tied to alleged Iran sanctions violations involving LPG shipments. Human Rights & Detentions: In London, prosecutors told court a Romanian proxy team carried out a knife attack on an Iran-critical journalist, while in Cyprus an Irish president’s sister is among detained flotilla participants.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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Reuters: The war in the Middle East has already cost companies around the world $25 billion

Reuters: The war in the Middle East has already cost companies around the world $25 billion

Australian Energy Producers conference: Sector promises more oil and gas as Middle East disruption drags on

Australian Energy Producers conference: Sector promises more oil and gas as Middle East disruption drags on


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5 hours ago

Thousands Rally in Washington, DC in Support of a Democratic Republic in Iran and Against Executions and Dictatorship

EIN Presswire

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12 hours ago

Opterro, Inc. and DOME Oilfield Engineering & Services LLC Announce Exclusive Middle East Distribution Partnership

EIN Presswire

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13 hours ago

Insurance Industry Charitable Foundation Names LoriAnn V. Lowery-Biggers IICF CEO

EIN Presswire

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17 hours ago

Saudi Arabia strengthens infrastructure and public services through privatisation and public-private partnerships

EIN Presswire

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May. 18, 2026

JETOUR Partners with the Global South Media and Think Tank Forum China-Arab Partnership Conference in Egypt

GlobeNewswire, Inc.

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May. 12, 2026

Middle East Crisis Pushes India's Oil Sector to Breaking Point

MENAFN

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