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Iran-Israel conflict puts UAE, Saudi Arabia's foreign workers under strainA protracted conflict in the Gulf is jeopardizing billions in remittances, vital for families across Asia and Africa. Migrant workers, like...- At the gates of Hormuz, 80 million barrels of oil are on standbyLarge volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes ...
- Iran deal includes $300 billion fund, more than half of which already committed, source saysA significant $300 billion private investment fund is part of a U.S.-Iran framework agreement. More than half of this amount is already com...
- UAE to unlock billions of dollars for Iran, sources sayUS-Iran war: The United Arab Emirates is set to release billions of dollars to Iran. This move follows weeks of Iranian attacks on the UAE....
- The world's oil piggy bank is being smashed open. What can go wrong?Global oil inventories are plummeting to multi-decade lows, exacerbated by Middle Eastern supply disruptions and the rapid depletion of str...
- As OPEC+ meets, Iran war hobbles power to shape oil marketOPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...
- How Trump has used the presidency to benefit himself and his alliesPresident Trump's administration is reviewing a large fund proposed for supporters. This comes amid scrutiny over various financial dealing...
- Pakistan hands US revised Iranian proposal for ending warPakistan has shared a revised peace proposal from Iran with the United States. The proposal aims to end the ongoing war in the Middle East....
- UAE and Saudi Arabia report drone incidents as Iran war deadlock drags onA drone strike caused a fire at the Barakah nuclear power plant in the UAE, while Saudi Arabia said it intercepted three drones that entere...
- Strait of Hormuz deadlock deepens? Drone strike at nuclear power plant in UAEInternational Atomic Energy Agency said emergency diesel generators were providing power to the plant's "unit 3", and called for "maximum m...
- Oil prices rise as fragile US-Iran talks sustain supply worriesOil prices edged up in early Asian trade as fragile U.S.-Iran negotiations highlighted supply concerns, with Tehran's response revealing si...
- Trump calls Iran's response to US peace proposal 'unacceptable'President Donald Trump rejected Iran’s response to a U.S. proposal for peace talks, hurting hopes of a quick end to the 10-week conflict th...
- Trump says US to help ships stranded in Strait of Hormuz as tanker hit by projectilesUS-Iran war: America will now guide ships through the Strait of Hormuz. This vital waterway has been blocked for over two months. Hundreds ...
- Why are oil prices up sharply today, and will Brent and US WTI crude futures continue to rise or drop again? Oil surges as Iran conflict deepens and supply fears growWhy are oil prices up sharply today, and will Brent and US WTI crude futures continue to rise or drop again? Oil prices jumped after report...
- How the Iran war oil and gas supply shock compares with past disruptionsA major oil supply disruption is underway due to the US-Israeli war with Iran and the closure of the Strait of Hormuz. This event is the wo...
- Iran demands reparations from 5 Arab states over alleged role in 'US-Israeli aggression'In a letter addressed to UN Secretary-General Antonio Guterres and Security Council President Jamal Fares Alrowaiei, Iran's Ambassador and ...
- Kuwait to give USD 15,000 compensation to kin of Mangaf fire victims: ReportThe Kuwaiti government will give USD 15,000 each as compensation to the families of the victims of the devastating fire that killed 50 peop...
- Saudi begins compensation for massive coastal clearance projectAuthorities have pitched the clearance and construction work in Jeddah, the kingdom's second-largest city, as the latest ambitious project ...
- Trump: US to remove Sudan from state terrorism sponsors list after payment to victimsThe deal could also set in motion steps by Sudan toward establishing diplomatic relations with Israel, a U.S. official told Reuters, follow...
- OPEC+ will ensure oil prices do not plunge again, says OPEC chief"We have to be realistic that this recovery is not picking up pace at the rate that we expected earlier in the year," he said. "Demand itse...
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