Latest news and articles about Middle East war from NEX English
Germany has recently experienced a significant increase in gasoline prices, rising by <strong>11 cents per liter</strong> between March 30 and April 6, 2026. This surge is attributed to the ongoing effects of the war in the Middle East on oil supplies.
Turkish President Recep Tayyip Erdogan has accused Israel of 'feeding on conflict' and obstructing efforts to end the ongoing war in the Middle East. This statement was made during a press conference following a cabinet meeting in Ankara.
Kristalina Georgieva, the head of the International Monetary Fund, stated that the ongoing conflict in the Middle East will lead to increased inflation and a slowdown in global economic growth. These remarks were made ahead of the release of new global economic forecasts next week.
Ethiopia is experiencing a severe fuel crisis due to the ongoing war in the Middle East that began on February 28. The country relies entirely on oil imports from Gulf nations, and despite government calls for calm, the situation continues to worsen.
The Thai Prime Minister announced plans to restructure fuel and electricity prices despite expectations of rising costs and supply shortages. This move comes as the ongoing war in the Middle East impacts global markets.
In March, some of the world's largest hedge funds experienced significant financial losses due to the turmoil caused by the ongoing war in the Middle East. This situation has greatly impacted financial markets in energy, bonds, and equities.
A recent study commissioned by <strong>Greenpeace</strong> indicates that oil companies in the European Union are generating daily profits exceeding <strong>80 million euros</strong> since the onset of the war in the Middle East. If this trend continues, additional profits for March are expected to reach around <strong>2.5 billion euros</strong>.
The manufacturing sector in Australia has contracted for the first time in five months as of March, driven by declining demand and increased financial pressures due to escalating conflict in the Middle East.
John Williams, President of the Federal Reserve Bank of New York, stated that U.S. interest rates are well-positioned despite significant disruptions in supply chains due to the war in the Middle East. This comes at a critical time as concerns grow over the impact of regional conflicts on the global economy.
Sudan is experiencing a significant rise in fuel and consumer goods prices, exacerbating the hardships faced by its citizens. The ongoing war in the region casts a shadow over the Sudanese economy.
Thailand's Prime Minister, Anutin Charnvirakul, has apologized for the mismanagement of the fuel crisis in the country, attributing the prolonged disruptions to the ongoing war in the Middle East. This announcement was made during a press conference in Bangkok, where he revealed plans to lift the fuel price cap to alleviate shortages.
President Donald Trump's recent speech highlighted confusion in U.S. positions regarding the Middle East war, revealing unclear objectives and a lack of achievement. His statements come at a critical time as he seeks to reassure the American public and markets.
The ongoing economic crisis in Asian countries like China, Japan, Pakistan, and Malaysia is exacerbated by the continuous rise in food, consumer goods, and fuel prices, stemming from the repercussions of the US-Israeli war on Iran.
The Malaysian government has announced the implementation of a work-from-home policy starting April 15, as part of its efforts to conserve energy amid the global fuel supply crisis influenced by the war in the Middle East.
Major central banks around the world kept interest rates steady in March, citing uncertainty linked to the ongoing war in the Middle East. This decision comes amid rising inflation fears and weak growth threatening global economic prospects.
The International Energy Agency, along with the IMF and World Bank, has agreed to form a coordination group to tackle the economic and energy impacts of the ongoing war in the Middle East. This initiative comes amid rising disruptions affecting global markets.
Australian Prime Minister <strong>Anthony Albanese</strong> warned that the impact of the war in the Middle East will last for several months, with rising fuel prices and tightening supplies. He urged citizens to reduce fuel use and rely on public transport.
Australian Prime Minister <strong>Anthony Albanese</strong> warned that the economic shocks from the war in the Middle East will persist for several months. He urged citizens to use public transport to alleviate pressure on supplies.
Turkey's industrial activity experienced a significant contraction in March, with the Purchasing Managers' Index dropping to <strong>47.9</strong>, reflecting the impact of the ongoing war in the Middle East on demand and costs.
French President Emmanuel Macron begins an official visit to Japan, focusing on the repercussions of the Middle East war and enhancing cooperation in nuclear energy and space. This visit comes at a critical time as Tokyo faces concerns over oil supply disruptions due to ongoing conflicts involving the U.S., Israel, and Iran.
Energy prices for oil and gas are surging due to the ongoing war in the Middle East, raising global concerns about potential energy supply shortages. Experts warn of serious economic repercussions for consumers, particularly in Germany.
Fears of a global food crisis are rising due to the escalating conflict in the Middle East. Predictions indicate that the impacts of this war will affect many countries, threatening the stability of food markets.
Pakistan's Foreign Minister Muhammad Ishaq Dar announced the country's readiness to host talks aimed at ending the ongoing war in the Middle East. This announcement follows discussions with regional foreign ministers about urgent and lasting peace efforts.
On Monday, G7 energy ministers and central bank officials convened to discuss the economic repercussions of the Middle East war, which has significantly impacted energy prices and raised concerns about global economic stability.
A new episode of 'Hawa Masr' features economic expert Wael Al-Nahas and economist Mohamed Anis discussing the economic effects of the ongoing Middle East war on Egypt. The discussion focuses on whether these impacts are permanent or temporary amid ongoing structural reforms in the Egyptian economy.
Ravi Bhatia, director of S&P Global, warns that the ongoing war in the Middle East could end a long streak of credit rating upgrades in emerging markets. This situation poses a risk of triggering a new cycle of credit downgrades.
Asian governments are facing increasing economic challenges due to rising oil prices following heightened tensions in the Middle East, prompting them to adopt austerity measures. Meanwhile, some countries are seeking to negotiate with Iran to ensure the safe passage of ships through the Strait of Hormuz.
Australian Prime Minister Anthony Albanese announced a 50% reduction in fuel tax to alleviate the burden on drivers facing soaring gasoline prices due to the ongoing war in the Middle East. This decision aims to address the economic pressures faced by Australian citizens.
Iraqi authorities report that at least <strong>95 people</strong> have been killed since the outbreak of the Middle East war, including civilians and members of the Iran-aligned Popular Mobilization Forces. The ongoing attacks by armed factions raise concerns about the war's impact on Iraq.
The UN High Commissioner for Refugees has warned of a worsening humanitarian crisis in Lebanon, with over <strong>one million</strong> people displaced since the outbreak of war in the Middle East. The situation is deteriorating, signaling an imminent humanitarian catastrophe.