JPMorgan warns $5 gas looks far more likely as Iran war pushes fuel prices sky high
A $5 price tag at gasoline pumps is looking like more of a possibility, according to JPMorgan analysts.
· Taylor Herzlich
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Newest first · UTC+11:00Oil shock a top risk to US financial system, Fed report shows | The National
Geopolitical risks and the oil shock from the Iran war were cited as the two biggest concerns facing the US financial system, according to a new Federal Reserve report.
· Kyle Fitzgerald
Iran war has shed billions from world economy, but some are using it to get rich
Property News: Australia's most expensive streets, and how much it costs to live in them.
· Yashee Sharma
Israeli strike in Lebanon kills one, wounds four including woman
An Israeli strike on the town of Mefdoun in the Nabatieh district has killed one person and injured four others, including a woman, according to the Lebanese Ministry of Public Health.
· Middleeasteye
Oil spill uncovered off Iran’s central hub at Kharg Island, satellite photos show
Oil is oozing through the ocean near Kharg Island in the Strait of Hormuz, according to satellite photos released Friday, raising questions about the state of Iran’s central energy production hub located there.
· Josh Christenson
2 LNG tankers cross Hormuz on way to Japan, China, but shortage persists
An LNG tanker docks at Futtsu, Japan, in February. A tanker that recently passed through the Strait of Hormuz is due to land at the port city. (Photo by Rie Ishii)
· Staff Writer
Massive Oil Slick Spotted Off Iran's Kharg Island, Cause Unknown
An apparent large oil spill spanning dozens of square miles of sea has been spotted off of Iran's main oil hub of Kharg Island, according to open source satellite imagery and reporting in both the NY Times and Reuters on Friday.
· Tyler Durden
Israeli raid kills three in Lebanon as strikes continue despite truce
An Israeli attack on the town of Aanqoun in southern Lebanon has killed at least three people and wounded another, Lebanon' official National News Agency reported.
· Middleeasteye
Israeli strike in Lebanon kills at least four
An Israeli attack has struck a vehicle near the entrance to the town of Houmin Tahta in southern Lebanon, killing all three people inside, Lebanon's National News Agency reported.
· Middleeasteye
Pro-Iran coverage exposes the illusion of neutrality in Qatar’s media empire - opinion
Even before the war in Iran, Qatari media outlets faced a structural dilemma: how to consistently cover events with a pro-Islamist bias while simultaneously maintaining a facade of balanced and credible journalism.
· SUZAN QUITAZ, ARIEL ADMONI
The 'New York Times' wins a Pulitzer Prize for propaganda - opinion
Six months before his assassination in Tehran, Hamas political bureau head Ismail Haniyeh explained the goals of the Oct. 7 attack in a dramatically clear manner.
· GIL HOFFMAN
U.S. expecting Iran to respond to peace proposals Friday: Rubio
WASHINGTON, May 8 (Yonhap) -- The United States expects Iran to respond to its proposals to end hostilities on Friday, U.S. Secretary of State Marco Rubio said, noting that Tehran's "fractured" and "dysfunctional" system might impede its decision-making.
· Song Sang-ho
Toyota And Honda See Sharp Declines In Profit Amidst Iran War Pressures, Spiking EV Costs
Toyota expects a sharp decline in profit as rising material and shipping costs tied to the Iran conflict pressure its business, according to Bloomberg.
· Tyler Durden
Palestinian mountaineer is raising $10m for Gaza by climbing Mount Everest
It's late on a Friday evening, at Mount Everest's base camp, 17,500 feet above sea level, when Mostafa Salameh speaks to Middle East Eye over the phone.
· Middleeasteye
Hezbollah claims drone attack on Israeli airbase in north
Hezbollah says it has launched a drone attack on an airbase in northern Israel, describing the strike as a response to recent Israeli operations.
· Middleeasteye
US launches ‘self-defence strikes’ on Iran; Trump says ceasefire still on - DailyNews
The Pentagon said the U.S. military launched “self-defense strikes” on Iranian targets on Thursday after “unprovoked” attacks from the Islamic republic on U.S. Navy vessels passing through the Strait of Hormuz.
· damith
Two IS linked Australian women charged with crimes against humanity - DailyNews
Three Australian women with links to the Islamic State (IS) group have been charged after returning home from Syria.
· damith
Govt extends Emergency to restore services - PM - DailyNews
Following the devastating Cyclone Ditwa and considering the impact of the conflict in the Middle East on supplies, the Government will extend the State of Emergency (SOE) for another month, not for political repression, but to expedite restoration services.
· damith
Gaza genocide death toll rises to 72,628
The Palestinian Health Ministry said on Friday said that the number of Palestinians killed in Israel’s genocide on Gaza has risen to 72,628, with 172,520 wounded since 7 October 2023.
· Middleeasteye
Military parades and promises of peace ring hollower than ever
Despite Trump's disdain for his allies, the significant damage to US bases and military assets in the Middle East that are increasingly being reported means his military's physical options now seem more constrained. (Reuters: Eduardo Munoz)
· Laura Tingle
Keeping 'ISIS brides' out of sight will not make Australia safer
In his response to the women and children who have been desperate to return to Australia, the prime minister has been fond of quoting his mother's advice: "If you make your bed, you lie in it." (ABC News: Stuart Carnegie)
· Sean Rubinsztein Dunlop
Rule change causes confusion for IndyCar drivers as series moves to Indy
Alex Palou celebrates after winning the IndyCar championship Sunday, Aug. 31, 2025, at Nashville Superspeedway in Lebanon, Tenn. (AP Photo/George Walker IV, File)
· Michael Marot
Iran’s president rejects ‘colonialism’, calls for respectful ties
Iranian President Masoud Pezeshkian has said Tehran will continue to pursue “friendly relations” with other countries based on mutual respect, while rejecting what he described as colonial practices.
· Middleeasteye
Israel’s resilience is the country’s strongest message to the world - opinion
Key to discussions about rebuilding Israel’s reputation around the world is the question of purpose. What does Israel have to offer the world? Is there something more than hi-tech ingenuity that makes Israel admirable?
· DAVID M. WEINBERG
A time for healing: Can Israel mend its deep internal rift? - opinion
‘How many Jews does it take to change a light bulb?”“What? Change?!”
· STEWART WEISS
US attacks in Gulf violation of ceasefire, more than a ‘light slap,’ Iranian officials say
US attacks on Iranian oil tankers were a “violation of the ceasefire and American terrorism,” said an Iranian military source, according to a report by semi-official Tasnim News.
· ARIELLA ROITMAN
Israel-Lebanon talks to resume May 14-15 with US mediation
Israel and Lebanon will resume negotiations with two days of intensive talks facilitated by the US on May 14 and 15, the US State Department announced on Friday.
· JERUSALEM POST STAFF
Being Pedro Sanchez: Is Spain's anti-Israel prime minister on the wrong side of history?
Spanish Prime Minister Pedro Sánchez, whose face and anti-war messaging were plastered on Iranian regime missiles in March (according to footage distributed by Iranian state Tasnim News Agency) and who regularly receives direct thanks and praise from Hamas, is in the news again, posturing against Israel. This time, …
· MARION FISCHEL
Tehran warns of 'decisive force' after US attacks two more ships bound for Iranian ports | The National
Live updates: Follow the latest news on Iran war
· The National
US to host new Israel-Lebanon talks as Trump team presses for Hezbollah disarmament
Rubio says Washington is awaiting Iran’s response to a new US proposal to end the conflict in the region
· Teresa Elena Frontado
US to host new Israel-Lebanon talks as Trump team presses for Hezbollah disarmament
Rubio says Washington is awaiting Iran’s response to a new US proposal to end the conflict in the region
· Teresa Elena Frontado
Rubio raises questions over allies' lack of support for U.S. military efforts against Iran
WASHINGTON, May 8 (Yonhap) -- U.S. Secretary of State Marco Rubio on Friday raised questions about allies' lack of support for the United States' military efforts to address Iran's nuclear ambitions and reopen the crucial Strait of Hormuz.
· Song Sang-ho
How Pakistan has opened a back door into Iran | The National
Opinion editor Sulaiman Hakemy explains how six land routes between Pakistani ports and Iran bypass America's blockade
· The National
Pictures of the week: From pupils returning to school in Kuwait to UK PM Keir Starmer voting in London | The National
Secondary school students wave the Kuwaiti flag as they gather in the grounds of the Fajr al-Sabah School to attend in-person classes in Kuwait City on May 3, 2026. High school students resumed in-person classes after a suspension of more than two months following military strikes launched by the US and Israel again…
· The National
Lebanon's Crusader-era Beaufort Castle is consumed by conflict once again | The National
For centuries the Crusader-era Beaufort Castle has borne witness to and been a staging post for the warring armies that have marched through south Lebanon.
· Jamie Prentis
Cartoon for May 9, 2026 | The National
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· The National
The Iran war will not succeed in changing the underlying mindset that defines the UAE | The National
I have travelled to the UAE countless times, in various capacities – privately, as Austria’s foreign minister and later as my country’s chancellor. In recent years, I have spent about one week per month here, even establishing an office in Abu Dhabi. In many ways, it has become a second home.
· Sebastian Kurz
Several Venice Biennale pavilions close amid 24-hour strike over Israel’s participation | The National
Several national pavilions at the Venice Biennale temporarily closed or scaled back their exhibitions on Friday as artists, curators and cultural workers joined a strike over Israel’s participation in the event.
· William Mullally
US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in April
WASHINGTON — America’s employers delivered a surprising 115,000 new jobs last month despite an economic shock from the Iran war.
· Associated Press
Suspected oil spill seen on satellite images near Iran's Kharg Island export hub
A suspected oil spill covering dozens of square kilometers of sea near Iran's main oil hub of Kharg Island has been seen on satellite imagery this week.
· REUTERS
More than a dozen reported killed in Israeli attacks on south Lebanon
Israeli air raids have killed at least 20 people in southern Lebanon, including a civil defence rescuer, according to Lebanese state-run media, despite the ceasefire between Israel and Hezbollah.
· Al Jazeera Staff
Israeli army chief recommends commander who destroyed Gaza university for senior role
The Israeli army's chief of staff, Eyal Zamir, has recommended Barak Hiram, a senior commander who was responsible for deadly attacks in Gaza and for Israeli forces firing tank shells at an Israeli home during the 7 October attacks, for the post of military secretary to Prime Minister Benjamin Netanyahu.
· Middleeasteye
Photos of the Palestinian marathon
Runners pass by Israel’s separation wall as they compete in the Palestine Marathon in the West Bank city of Bethlehem, Friday, May 8, 2026. (AP Photo/Mahmoud Illean)
· Mahmoud Illean
Washington ignored intel warnings on Iran – Trump’s ex-counterterror chief
Washington joined Israel’s war against Iran despite intelligence assessments that the Islamic Republic was not developing nuclear weapons, US President Donald Trump’s former counterterrorism chief, Joe Kent, has said.
· RT
READ MORE: Washington ignored intel warnings on Iran – Trump’s ex-counterterror chief
Washington joined Israel’s war against Iran despite intelligence assessments that the Islamic Republic was not developing nuclear weapons, US President Donald Trump’s former counterterrorism chief, Joe Kent, has said.
· RT
Lebanon seeks to ‘solidify’ ceasefire ahead of Israel talks
Lebanese Prime Minister Nawaf Salam says Beirut will prioritise reinforcing the ceasefire in upcoming negotiations with Israel, warning that continued attacks could shape the agenda.
· Middleeasteye
Israeli strikes kill 18 in south Lebanon despite ceasefire | The National
Israeli strikes on Friday killed at least 18 people in Lebanon, including two paramedics, as it continued to carry out attacks across the country's south despite a ceasefire announced on April 16.
· Nada Maucourant Atallah
Historical Pentagon files show strange craft flying over UAE waters | The National
The Pentagon has released a trove of reports of historical UFO sightings that includes several videos of objects filmed in the UAE and across the Middle East.
· Thomas Watkins
Sheikh Mansour discusses Middle Eastern security with Turkey's Erdogan | The National
Sheikh Mansour bin Zayed, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, discussed developments in the Middle East with the Turkish President Recep Tayyip Erdogan.
· The National
Iran warns US over ‘adventurism’ after strikes on vessels
Iran’s Foreign Ministry spokesperson, Esmail Baghaei, has condemned recent US military action against Iranian vessels in the Strait of Hormuz, warning against what he described as escalating behaviour.
· Middleeasteye