Oil slide deepens as Saudi exports reach 90% of pre-war levelBrent futures slipped to near $70 a barrel in London, hitting their lowest since the week before the Iran war began on Feb 28. Saudi Arabia...
02 Jul, 2026, 11.40 PM IST
European nations now believe some Hormuz fees are InevitableLeading European nations now acknowledge potential fees for ships transiting the Strait of Hormuz, a shift in stance following the US-Iran ...
02 Jul, 2026, 08.10 PM IST
Iran rejects US-led Gulf security summit, says Hormuz is under its commandIran has sharply criticized a US-led security summit in Bahrain, asserting that the Strait of Hormuz falls under Tehran's command, not Amer...
02 Jul, 2026, 09.29 AM IST
Oil Price Today (July 2): Crude oil at $70, falls for 2nd session as US-Iran talks progress. Worst over?Brent crude futures fell 80 cents, or 1.09%, to $70.80 a barrel, while U.S. West Texas Intermediate crude declined 90 cents, or 1.28%, to $...
02 Jul, 2026, 07.28 AM IST
Saudi Arabia extends work permit compliance deadline for foreign workers until December 2026Saudi Arabia has granted a significant reprieve to foreign workers and their employers, extending the deadline to regularize work permit st...
01 Jul, 2026, 12.13 PM IST
Oil Price Today (July 1): Crude oil above $73 as Iran rejects direct peace talks with US. Where are prices headed?Brent crude futures were up 50 cents, or 0.69%, at $73.45 a barrel at 1208 GMT. U.S. West Texas Intermediate (WTI) crude rose 63 cents, or ...
01 Jul, 2026, 07.30 AM IST
Oil finds its way: Supertankers return to Persian GulfSupertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran confl...
30 Jun, 2026, 12.37 PM IST
Money can't buy success in World Cup for gulf nations like Saudi Arabia and QatarGulf nations like Saudi Arabia and Qatar invested extensively in soccer and infrastructure, yet both faced disappointing exits from the Wor...
30 Jun, 2026, 12.58 AM IST
World Cup 2026: Saudi Arabia, Qatar exits show money can't buy successDespite ambitious spending and notable player acquisitions, Gulf countries like Saudi Arabia and Qatar experienced disappointing World Cup ...
29 Jun, 2026, 01.29 PM IST
FIFA: Money can't buy success in World Cup for gulf nations like Saudi Arabia and QatarGulf nations like Saudi Arabia and Qatar, despite significant investment in soccer and infrastructure, faced early exits from the World Cup...
29 Jun, 2026, 09.30 AM IST
FIFA World Cup 2026: Saudi Arabia set to sack head coach Donis after group-stage exitSaudi Arabia's football federation is set for a major shake-up following a disappointing World Cup exit. Coach Georgios Donis is likely to ...
27 Jun, 2026, 09.08 PM IST
US strikes Iran following attack on cargo ship in Strait of HormuzUS forces struck Iranian missile and drone sites following an attack on a cargo ship in the Strait of Hormuz, jeopardising a recent interim...
27 Jun, 2026, 06.08 AM IST
Traffic through Strait of Hormuz slows after attack on shipStrait of Hormuz traffic saw a dip Friday after a Taiwanese ship was attacked, prompting a pause in evacuation efforts. Despite this, sever...
26 Jun, 2026, 04.40 PM IST
Saudi Aramco resumes oil loading at Ras Tanura after four-month halt, data showsSaudi Aramco has restarted oil loading at its Ras Tanura terminal after a four-month pause, with two massive crude carriers seen taking on ...
26 Jun, 2026, 11.19 AM IST
Saudi Arabia introduces online portal for foreign property ownershipSaudi Arabia has unveiled a new digital platform, "Saudi Properties," simplifying foreign property ownership. This initiative, aligned with...
25 Jun, 2026, 03.02 PM IST
China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
25 Jun, 2026, 02.24 PM IST
Rubio reassures UAE, Kuwait as scepticism over Iran deal persistsUS Secretary of State Marco Rubio assured Gulf allies of their security during a visit to the UAE and Kuwait, addressing skepticism over a ...
24 Jun, 2026, 10.15 PM IST