Latest Middle East Conflict News

AIC Mines reported steady progress on its Eloise processing plant expansion and commenced ore processing at Jericho, while elevated diesel prices and unseasonal rain pushed costs above guidance in the June quarter.

Netwealth Group posts a record $135.7 billion in funds under administration for FY26, driven by strong net flows and platform enhancements despite short-term geopolitical jitters.

Australian Ethical reached a new record of $14.5 billion funds under management at June 30, 2026, driven by strong superannuation inflows and strategic investments amid challenging market conditions.

Rio Tinto reported a 3% year-on-year increase in copper equivalent production for H1 2026, driven by Oyu Tolgoi’s 31% growth and record iron ore output in the Pilbara, while maintaining full-year guidance amid geopolitical headwinds.

Atomos Limited has trimmed its FY26 sales guidance to approximately $40 million due to softer end-consumer demand and delayed product shipments, while forecasting EBITDA between $2.5 million and $3.5 million supported by improved margins.

Dyno Nobel has finalised the sale of its Phosphate Hill fertiliser business to Ryowa, marking a strategic exit from fertilisers and a sharper focus on explosives.

Worley has revised its FY26 underlying EBITA impact from the Middle East conflict to up to $60 million, doubling its previous estimate, while also warning of a $50 million hit from foreign currency translation due to a stronger Australian dollar.

Buru Energy has launched a prospectus offering over 207 million new options free-attaching to a recent $5.3 million placement, aiming to back the commercialisation of its Rafael Gas Project and bolster working capital.

Flight Centre Travel Group has trimmed its FY26 profit forecast due to Middle East conflict impacts on leisure travel, while launching a fresh $200 million share buy-back reflecting confidence in recovery.

Barramundi Limited’s May update reveals a 2.3% adjusted NAV decline, weighed down by CSL’s earnings downgrade and Brambles’ operational setbacks, despite positive contributions from Xero and Credit Corp.

Kingfish Limited's May update reveals a robust 5.5% portfolio return, driven by standout performances from Fisher & Paykel Healthcare and Infratil amid mixed sector headwinds.

Steel & Tube has secured a one-year extension on its ANZ banking facilities, underpinning financial stability as trading conditions soften due to geopolitical tensions and sector-specific pressures.