Germany cuts fuel tax as Middle East conflicts send prices soaring
Germany issues its relief measures as its finance minister calls on Brussels to draft a windfall tax proposal on oil companies.
Middle East — page 3
Place · 513 articlesCoverage, page 3
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Pentagon’s count leaves out some deaths in Middle East during Iran war
The Pentagon’s public database left out two deaths of U.S. service members deployed in the Middle East during the war against Iran, who took part in missions unrelated to the conflict in the Middle East. Maj. Sorffly Davius, who served in the 42nd Infantry Division at Camp Buehring, Kuwait, died of “undetermined causes” on March…
The Hill•Filip Timotija18 Sept- critical toward Pentagon · 86%
Global Shipping Costs Explode as Hormuz Disruptions Hit Key Trade Routes
The Middle East crisis has reverberated through key global shipping chokepoints thousands of miles away from the Strait of Hormuz. Following the crippled tanker traffic through the Middle East’s main oil and LNG export outlet, the Panama Canal and the Suez Canal have seen an increase in energy commodity cargo traffic in the past half year. As a result, shipping costs have soared to record highs, and some vessel operators are willing to pay $4-5 million in an auction to secure a single passage through the Panama Canal on a certain date. Shipping…
US denies visas to Palestinian officials for UN General Assembly
The visa denial may hinder Palestinian diplomatic efforts and influence perceptions of U.S. commitment to Middle East peace initiatives.
CryptoBriefing•Estefano Gomez18 Sept
What Set Off the Rise in Interest Rates? Mainly, the Iran War.
The Federal Reserve is trying to catch up with the leap in bond rates as the Middle East conflict unnerves world markets.
The New York Times•Jeff Sommer18 SeptLW
Is Hezbollah finished, or just adapting?
Generation Jihad guest host David Daoud, an FDD senior fellow focused on Lebanon and Hezbollah, talks with Lina Khatib, an associate fellow in Chatham House’s Middle East and North Africa Programme, about her July trip in southern Lebanon, why the 2006 war never put the LAF in charge of the border, and whether Beirut can take Hezbollah’s weapons now that the group is weaker and Assad is gone.
Record fuel prices across EU prompt calls for bloc-wide windfall tax on firms
German minister says companies are ‘exploiting situation’ in Middle East, as sky-high prices become major domestic issue for leaders European governments have discussed imposing a bloc-wide windfall tax on energy companies, as near-record fuel and gas prices pile pressure on leaders desperate to contain mounting public discontent and the challenge of the far right. With elections due next year in eight EU countries including France, Italy, Spain and Poland, leaders are scrambling to head off the potential fallout from what analysts have warned could be one of the continent’s biggest energy shocks in decades. Continue reading...
The Guardian•Jon Henley Europe correspondent and Jillian Ambrose Energy correspondent18 Sept
Mothercare future 'highly uncertain' on Middle East blow
Mothercare has warned over a "highly uncertain" future for the firm after its Middle East partner revealed it was set to close most of its franchised stores across the region next year.
BBusiness18 Sept
Barclays backs November BoE hike, warns Middle East conflict could spur more
GBGlobal Banking & Finance Review18 Sept
Syria warns Israel poses ‘the greatest threat’ to Middle East stability
UNSC meeting on Syria turned into a heated debate between Israel and Turkiye over troops in Syrian territory.
Al Jazeera18 Sept
Saudi Pipeline Outage Could Deepen the Global Fuel Crunch
The temporary closure of the key onshore pipeline Saudi Arabia uses to bypass the Strait of Hormuz has added another shock to an oil market already struggling with six months of Middle East supply disruptions. And the damage now appears to be more extensive than initially believed. Three pumping stations along Saudi Arabia’s East-West pipeline were damaged in last week’s attack, Reuters reported on Thursday, citing satellite imagery and industry sources. Earlier assessments had identified damage at two stations. Three sources told Reuters…
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AeroLogic/Lufthansa Cargo NW26 Taipei Routing Adjustments
Published at 1500PDT / 2200GMT 17SEP26 Lufthansa Cargo and AeroLogic during Northern winter 2026/27 season plans to maintain Frankfurt – Taipei Taoyuan – Dubai al Maktoum – Frankfurt routing, as the carrier previously planned to switch Middle East stop to Muscat. Previous planning to switch to Muscat was not highlighted on AeroRoutes . From 25OCT26, AeroLogic continues to serve this route 3 times weekly with Boeing 777 Freighter. 3S614/LH8014 FRA0515 – 0040+1TPE 77X 2 3S614/LH8014 FRA2115 – 1540+1TPE 77X 6 3S614/LH8014 FRA2120 – 1645+1TPE 77X 4 3S615/LH8015 TPE0310 – 0900DWC1000 – 1335FRA 77X 3 3S615/LH8015 TPE1910 – 0100+1DWC0200+1 – 0535+1FRA 77X 7 3S615/LH8015 TPE1925 – 0115+1DWC0215+1 – 0550+1FRA 77X 5
AAeroRoutes•AeroRoutes - Jim Liu17 Sept
- neutral toward Lufthansa · 99%
US and Houthis open talks as Saudi oil crisis deepens
The US-Houthi talks may signal a shift towards diplomacy, potentially easing Middle East tensions and stabilizing global oil markets.
CryptoBriefing•Estefano Gomez17 Sept
The Iran war is driving clean energy development. It’s not enough to help the planet, yet
Thirty-three governments adopted policies to switch from fossil fuels to electricity or improve energy efficiency in response to the Middle East conflict as of Sept. 9.
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Kpler Sees Oil Grinding Higher as Diesel Crunch Deepens
Kpler’s Matt Smith expects oil prices to keep grinding higher, with six and a half months of Middle East supply losses now working their way through gasoline and diesel prices. Smith told CNBC Thursday that oil prices have risen roughly $30 per barrel since early August. Gasoline would normally be falling at this point in the year as summer driving demand fades. It isn’t. Kpler estimates roughly 8.5 million barrels per day of oil production has been lost over the course of the conflict. Refinery runs have also been cut sharply, reducing…
Oil Prices Slide as China Presses Iran to Rein In the Houthis
Oil prices are falling on Thursday on some headlines signaling potential de-escalation moves out of the Saudi-Yemen conflict, both via Reuters: China reportedly presses Iran to help rein in the Houthis after Saudi appeal, according to Retuers citing sources Oil prices fell on Wednesday after reports that Saudi Arabia was offering additional crude cargoes through Oman eased some concerns about Middle East supply disruptions, while a smaller-than-expected draw in U.S. crude inventories added further downward pressure. US crude futures…
Trump to meet Gulf leaders as US pursues Yemen ceasefire talks
The US's diplomatic approach in Yemen may signal a broader shift towards negotiation in Middle East conflicts, impacting regional stability.
CryptoBriefing•Estefano Gomez17 Sept- neutral toward Donald Trump · 95%
UK Energy Bills Could Jump 25-30% From January as Gas Prices Soar
The UK household energy bills could jump by between 25% and 30% in the first quarter of 2027 amid surging natural gas prices as the Middle East crisis drags on, analysts say, warning that the government may have to spend more money on measures to ease the cost-of-living crisis. Household energy bills will rise by 4% from October for the fourth quarter of this year. But the jump for the first quarter of 2027 could be as high as 30%, according to a forecast by France's EDF, one of the biggest energy providers in the UK, cited by the Independent.…
Yemenis take to boats to flee as Middle East war spreads
GBGlobal Banking & Finance Review17 Sept
Mona Al Marri announces return of Dubai International Film Festival
Her Excellency Mona Ghanem Al Marri, Vice Chairperson and Managing Director of the Dubai Media Council and Chairperson of the Organising Committee of the Arab Media Summit, announced the return of the Dubai International Film Festival, with a special Middle East edition from December 8. Her Excellency said the first edition of the festival in its new format will be dedicated to Arab films, reflecting the growing interest in Arab cinema and its creators. The festival will provide a broader platform for directors, producers, actors and writers to showcase their work, share their experiences, and engage with audiences, critics and industry professionals. She said the festival's return is not merely the revival of a cinematic event closely associated with Dubai's cultural standing. It is part of a new vision aimed at building an integrated ecosystem for film creativity that combines screenings, dialogue, talent discovery and knowledge exchange. The initiative seeks to help emerging generations enter the film industry and further develop their skills and expertise. A platform for talent and the future of filmmaking The new edition places Arab talent at the centre of the cinematic experience, providing young filmmakers with opportunities to present their work and ideas while engaging with leading figures in the industry. This will help build connections between different generations of filmmakers. The festival also aims to create a space for dialogue on the current state and future of Arab cinema, the challenges faced by filmmakers, and the opportunities arising from rapid changes in the content industry. It will also focus on identifying and supporting talent capable of telling Arab stories through fresh perspectives and innovative approaches. The initiative builds on the legacy of the Dubai International Film Festival, which helped establish Dubai as a prominent destination on the global film festival circuit. The festival attracted leading Arab and international filmmakers and actors, showcased a diverse range of films, and offered specialised programmes to support talent development and filmmaking. Al Marri said the festival's return reaffirms Dubai's position as a hub for talent and creativity. It will provide a platform that brings together filmmakers, cultural and media institutions, and audiences, helping to foster dialogue on the future of cinema in the region. Arab films are expected to be the focus of the inaugural edition, giving the region's filmmakers greater visibility and a platform to showcase new creative experiences. The programme will highlight the diversity of stories, voices and perspectives emerging from a new generation of filmmakers. This vision reflects a shift from a traditional film-screening event to a comprehensive creative ecosystem focused on discovering talent, building networks, exchanging knowledge and creating new opportunities for Arab filmmakers. It also supports Dubai's ambitions to strengthen its position as a regional hub for the creative industries.
MBMobile Business•Emirates24717 Sept