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GULF ECONOMIES
After six months, the Iran war has reached its endgame, a costly stalemateThe Iran war has reached a costly stalemate after six months of conflict. The Iranian government faces economic siege but believes it has t...
Six Months of Conflict: How the Iran war has reshaped global marketsAs global financial markets navigate the aftermath of recent conflicts, the mixed responses are evident. Energy prices have surged sharply,...
Iran, Oman reach deal on Strait of Hormuz, but reopening hinges on US conditionsIran and Oman reached an agreement on Strait of Hormuz control and revenues. The Revolutionary Guards stated the strait will not reopen wit...
'No other option': Gulf expats hunker down between bouts of warForeign workers are largely staying in Gulf countries despite six months of conflict, choosing higher, tax-free salaries over weaker prospe...
Global economy in tug-of-war between oil shock and AI boom: IMF chiefThe global economy is weathering an oil shock better than feared. An investment boom in artificial intelligence is now a growth engine. Dra...
PM Modi reviews projects with investment of Rs 30,000 crore under PRAGATI meetingPrime Minister Narendra Modi chaired the 53rd PRAGATI meeting reviewing six key infrastructure projects. These projects span nine states wi...
Canada 'ripping off' US for decades: Trump says Ottawa 'most difficult and unreasonable' to deal withUS President Donald Trump stated Canada has been ripping off the United States for many decades. He mentioned high tariffs on American farm...
India opens ports, airports to foreign-bound cargo impacted by Strait of Hormuz disruptionsIndia's ports will temporarily accept foreign-bound cargo diverted from the Strait of Hormuz. Under this measure, unloading, storage, and t...
Iran vows to retaliate after US widens sanctionsIran has vowed to retaliate against expanded US economic sanctions, warning Washington of attacks on vital interests and energy chokepoints...
Iran says new sanctions threatened by 'desperate' US will failIranian Foreign Minister Abbas Araqchi has dismissed threatened US sanctions as a sign of desperation, insisting they will fail to defeat T...
'Entering the endgame': US Treasury Secy Bessent says "economic D-Day" begins against IranUS Treasury Secretary Scott Bessent has declared an “economic D-Day” against Iran, saying Washington will use its full range of powers to s...
Pakistan Army Chief Asim Munir heads to Tehran as US plans ‘toughest’ Iran sanctionsPakistan's army chief Asim Munir will visit Tehran on Monday. He leads a delegation to strengthen bilateral cooperation and regional peace....
Iran says Strait of Hormuz will remain closed until US changes courseIran's Mohsen Rezaei stated the Strait of Hormuz remains closed until US behavior changes. He claimed America relies on economic pressure a...
Trump’s economic isolation plan risks Iran strikes across GulfTrump is betting that tighter sanctions, a naval blockade and broader economic pressure can push Iran into accepting a US-backed deal after...
Strikes in the Gulf changing rules behind India’s big-money betsIndia Private Equity Investment 2026: Geopolitical risks now shape private equity deal considerations in India. Investors increasingly focu...
US to impose ‘toughest sanctions in history’ on Iran; Scott Bessent bets on 'one-two punch' to cripple Iranian regimeUS Treasury Secretary Scott Bessent said Washington will impose the “toughest sanctions in history” on Iran, with details expected Monday, ...
Trump is threatening to bomb Oman, but why?Oman faces US President Trump's threats amid ongoing talks with Iran. These discussions concern managing the vital Strait of Hormuz shippin...
India's tanker exports surge over six-fold to USD 1.36 billion in Q1 FY27; UAE leadsIndia's tanker exports surged dramatically in the June quarter, soaring six times compared to previous figures. The UAE emerged as the top ...
Iran economy begins to recover after war as business activity picks upIran's economy shows signs of recovery from recent war impacts. Economic activity is gradually resuming, according to the Iran Chamber of C...
Hormuz ship attacks mount as US vows to cripple Iran economyThe Strait of Hormuz has seen an uptick in ship attacks, causing grave concerns as peace negotiations remain stagnant. Recently, two vessel...