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KUWAIT POWER CRISIS
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...- Pakistan eyes Gulf-backed oil reserve hub at Gwadar amid Strait of Hormuz tensionsPakistan is encouraging Persian Gulf oil producers to establish crude reserve buffers at its planned Energy City near Gwadar Port. This ini...
- 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...
- Missiles over Dubai rattle the Gulf’s billion-dollar money machineThe Gulf's image as a safe financial haven is under strain as regional conflicts disrupt deals and deter investors. Once booming IPO market...
- 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...
- How the Middle East crisis may affect Kerala election results 2026Kerala's 2026 assembly elections saw a record 78.27% voter turnout, with exit polls indicating a close contest between the UDF and LDF. Att...
- OPEC just lost one of its biggest players — here's the inside story of the UAE's exit and what the Saudi-UAE split really means for OPEC's market powerUAE Quits OPEC: How the World's Energy Map Just Shifted Permanently. The UAE's departure from the Saudi Arabia-led cartel is being called t...
- Lessons learned in 70s have made US, world economies less vulnerable to oil shocksThe world economy is experiencing a significant oil price surge reminiscent of the 1970s. However, countries are now better prepared. Decad...
- Why it's time to end world's delusions over Iran energy crisisThe escalating conflict between the US and Iran has unleashed a worldwide energy crisis that is threatening to deplete supplies of crude oi...
- Israel-Iran war: Downed planes spell new peril for Trump as Tehran hunts missing US pilotIran is searching for a missing American pilot after two warplanes were shot down. Two airmen have been rescued. The incidents highlight on...
- A new reality dawns on the Dubai skylineDubai’s real estate sector is currently navigating through turbulent waters due to geopolitical upheavals. Interest from entry-level buyers...
- Gulf allies privately make the case to Trump to keep fighting until Iran is decisively defeatedSaudi Arabia and the UAE are pushing President Trump to continue the war against Iran. They believe Tehran has not been weakened enough and...
- ‘Pakistan’s forums are their own; we didn’t participate’: Iran rejects mediation claimIran denies Pakistan's role as mediator with the United States. The West Asia conflict continues into its second month. Iran states no dire...
- Trump says Iran deal may be reached 'soon'US President Donald Trump said Sunday that the US-Israel war against Iran has achieved regime change and a deal could be reached "soon" wit...
- Saudi Aramco boss pulls out of major international energy conference due to Iran conflict, source saysSaudi Aramco CEO Amin Nasser has cancelled his appearance at the CERAWeek energy conference in Houston. He is staying in Saudi Arabia due t...
- West Asia conflict: PM Modi calls ministerial meeting to review energy situationPrime Minister Narendra Modi will chair a crucial meeting Sunday evening. Senior ministers will review the petroleum, power, and fertiliser...
- Kuwait cracks down on cryptocurrency mining amid power crisisKuwait has launched a crackdown on cryptocurrency miners it accuses of being a "major" cause of a power crisis that has led to blackouts, a...
- Kuwait cracks down on cryptocurrency mining amid power crisisCrypto mining activities "constitute an unlawful exploitation of electrical power ... and may cause outages affecting residential, commerci...
- Kuwait emir tells parliament: reform needed, stop disputesEmir Sheikh Nawaf al-Ahmad al-Sabah took the reins in September following the death of his brother at a time the wealthy OPEC member state ...
- Kuwait's late emir body flown home as his successor is sworn inA Kuwaiti government Airbus A340 bearing his remains landed in the capital, where the authorities blocked roads to allow passage of a convo...
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