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GULF STATES IRAN CONFLICT
US, Iran explore phased deal to reopen Hormuz, lift economic blockade: ReportNegotiators from the US and Iran are discussing a phased resolution to their ongoing conflict. This approach could involve Iran reopening t...
Microsoft plans $10 billion-plus Gulf investment with focus on resilienceGulf countries are pouring billions into AI as they strive to become global hubs to help diversify their economies away from oil and gas, b...
Trump says Witkoff, Kushner met Iranian officials, shortly after warning he may 'annihilate' IranUS President Donald Trump met with Iranian officials while attending the UN General Assembly to address ongoing tensions. This engagement f...
Shipping traffic via Strait of Hormuz stays below 10-day average, data showsOn September 23, three commodity vessels transited the Strait of Hormuz, which is lower than recent averages. A LNG tanker, Al Mafyar, was ...
US, Iranian heads in same room. Will talks happen?Iran and the United States are hinting at the possibility of reviving negotiations to resolve their conflict. Both nations will be represen...
Saudi defence fund speeds up maritime sector push following Houthi advanceSaudi Arabia’s MASNA Ventures plans to raise its defence-focused venture capital fund to $150 million and invest more in local manufacturin...
US wants to redraw Gulf’s energy map with a $5 billion bet beyond Hormuz: ReportThe United States proposed a $5 billion fund for Middle Eastern energy infrastructure. This initiative aims to reduce reliance on the Strai...
Hormuz shuttles keep oil flowing, but at a high costMiddle East oil producers are increasingly using ship-to-ship (STS) transfers off Oman to keep crude exports moving despite disruptions fro...
Iran warns against new escalation by US and alliesIran has issued a stark warning of severe retaliation aimed at the United States and its allies, claiming to have intelligence about an imp...
Iran sets 7 conditions for talks with US through Qatar, warns of "decisive war" if Trump rejects demandsIran has conveyed seven conditions to the United States through Qatar for beginning negotiations to end the ongoing war, including ending h...
Iran claims it struck an oil tanker in the Strait of HormuzIran reports striking an oil tanker in the Strait of Hormuz. Hundreds of thousands rallied in Tehran showing strong government support. Sou...
EIL sees prospect as Saudi, UAE plan to expand pipeline, storageThe near-closure of the Strait due to the Iran war, which began more than six months ago, has heightened the need for Gulf oil exporters to...
Pakistan announces austerity measures to conserve fuel as Gulf conflict spiralsPakistan announced austerity measures to conserve energy and reduce government spending. These steps include cutting fuel for official vehi...
Ready to fulfil obligations under Makkah defence pact: PakistanPakistan affirmed its commitment to the Makkah defence agreement with Turkiye and Saudi Arabia. The pact ensures collective deterrence agai...
Trump says 'hopefully we are towards end' of Iran warUS President Donald Trump said he hoped the war against Iran was nearing an end and reiterated that Tehran “want[s] to make a deal.” Separa...
US military says it destroyed 2 small Iranian boats trying to steal a sea droneThe US military destroyed two Iranian boats attempting to seize a drone ship. This incident occurred in waters off Iran, escalating recent ...
US crude shipping costs to China hit record as Middle East war disrupts oil flowsShipping costs for US crude oil to Asia have reached record highs. This surge is driven by Middle East energy flow disruptions and increase...
Houthis strike Saudi targets anew as talks over Strait of Hormuz stallIran-aligned Houthis launched fresh attacks on Saudi Arabia as their advances along Yemen’s Red Sea coast intensified pressure on Riyadh. G...
Trump says Iran wants deal as Gulf talks delayed, Houthis strike Saudi ArabiaIran wants a deal with the United States, President Trump stated on Monday. Gulf Arab states postponed a meeting with Iran as fighting wide...
Houthis' Yemen advance leaves Gulf states with uncomfortable choiceThe Houthi capture of Yemen's Red Sea coastline is strengthening Iran's leverage over Gulf energy routes, forcing Saudi Arabia and its neig...