Keywords: Middle East Conflict


Middle East Crisis: Iran Threatens Total Offensive Following New US Strikes

The conflict between the United States and Iran has entered a new phase of escalation, marked by intensified military operations and expanded tensions across several countries in the Gulf and Levant. Despite the signing of a memorandum of understanding on June 17 aimed at paving the way for diplomatic......

IMF lowers global growth forecast again as Middle East tensions weigh on outlook

The International Monetary Fund (IMF) has slightly lowered its global economic growth forecast for 2026, citing the impact of renewed geopolitical uncertainty while maintaining that stronger activity next year should offset much of the current slowdown. In its latest update to the World Economic Outlook......

Italy's services sector returns to growth in June as inflation pressures ease

Italy's services sector returned to growth in June, ending a three-month period of contraction as easing cost pressures and improving business conditions helped lift activity, according to the latest purchasing managers' survey. The S&P Global Italy Services Purchasing Managers' Index......

Israeli defense minister says army will remain ‘Indefinitely’ in Gaza, Lebanon and Syria zones

Israel’s Defense Minister Israel Katz has said that the Israeli military will maintain an indefinite presence in what he described as “security zones” in Gaza, Lebanon and Syria, a statement that underscores the long-term security posture adopted by Israel amid ongoing regional conflict. The......

Sainsbury's warns Middle East tensions could keep UK food inflation elevated

Britain's second-largest supermarket chain, Sainsbury's, has cautioned that geopolitical instability in the Middle East is likely to place additional upward pressure on food prices, with the effects expected to become more visible during the summer months. Speaking after the retailer released......

Pakistan says U.S.-Iran peace agreement could be signed within 24 hours

Pakistani Prime Minister Shehbaz Sharif announced on Saturday that a peace agreement between the United States and Iran could be officially signed within the next 24 hours, marking a significant step toward ending months of tensions and conflict in the Middle East. According to Sharif, representatives......

Iranian guards claim drone strike on US naval base Bahrain

Iran’s Islamic Revolutionary Guard Corps said it carried out a drone strike targeting the headquarters of the United States Fifth Fleet in Bahrain. The announcement came after a new round of US strikes on Iranian military sites, marking a rapid escalation between the two sides in the Gulf region.......

Trump vows US will prevail over Iran amid tensions

The president of the United States said the country would prevail over Iran either through force or through a negotiated agreement, as diplomatic efforts remain stalled and regional tensions persist. He stated that the United States would “win militarily or on paper” and warned of a rapid......

ECB warns Iran war could double scar eurozone consumers

The European Central Bank has warned that a potential war involving Iran could have a disproportionately strong impact on consumers in the eurozone, with effects described by researchers as a “double scar” on households already sensitive to price changes. The assessment is based on new internal......