Demand for private charter flights out of the Middle East has surged since the beginning of the US-Israeli conflict with Iran, with those who can afford it paying astronomical prices to leave the region.

March 12 (Reuters) - Global air travel remains severely disrupted after the war in Iran forced the closure of key Middle Eastern hubs including Dubai, Doha and Abu Dhabi, stranding tens of thousands of passengers.

As conversations around the Iran war continue to play out online, people are arguing for the term Middle East to be retired.

The yields on the 10-year gilt climbed 0.09 percentage points to 4.77 per cent while the yield on 10-year Bunds rose 0.01 percentage points to 2.94 per cent, a two-and-a-half-year high. Yields move inversely to prices.

Cheap Iranian drone attacks are pushing the Pentagon to expand layered air defenses in the Middle East, including interceptor drones and emerging laser systems.

SEOUL, March 10 (Reuters) - South Korea cannot ⁠stop ⁠U.S. forces in Korea ⁠from redeploying some weapons, President Lee Jae Myung said ​on Tuesday, after reports that some U.S. Patriot missile defence systems were ‌being sent to the conflict ‌in the Middle East.

The massive deployment of warships comes as some Middle Eastern nations are expected to reevaluate their alliances in a post-Iran war world, analysts said.

The State Department said this week that 36,000 Americans had returned to the U.S. after the start of the war with Iran.