OPEC+ adjusts August production, reaffirms stability commitment; next meet August 2Seven OPEC+ nations, including Saudi Arabia and Russia, have agreed to a 188,000 barrels per day production adjustment starting August 2026...
05 Jul, 2026, 03.55 PM IST
Houthis kill 14 Yemen government troops in deadliest attack in yearsYemen's Houthi rebels launched a deadly assault south of Hodeidah, killing 14 government troops and injuring 23 in fierce fighting. The Ira...
05 Jul, 2026, 03.35 PM IST
OPEC+ tipped to raise quotas again as Middle East calmsSeven OPEC+ nations, including Saudi Arabia and Russia, are poised to increase oil production quotas for August, aiming to recover from dis...
05 Jul, 2026, 08.33 AM IST
June: 10 mbpd, May: 3 mbpd: Gulf oil exports up, but 40% below pre-war levelGulf oil exports surged past 10 million barrels daily in June, a significant jump from May, thanks to US military efforts securing the Stra...
04 Jul, 2026, 12.31 AM IST
UK, Italy, Japan award £4.6 billion contract to advance GCAP fighter jetBritain, Italy, and Japan have awarded a £4.6 billion contract to Edgewing, a joint venture, for the development of the Global Combat Air P...
03 Jul, 2026, 09.14 PM IST
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
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
India plans to cut reliance on Middle East oil, tap spot market after war shockIndia's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...
30 Jun, 2026, 04.16 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
Iran insists on right to control shipping in Strait of Hormuz after ship hit near OmanIran asserted its authority over the Strait of Hormuz, warning Gulf states against aligning with the U.S. This comes after an attack on a s...
26 Jun, 2026, 04.30 PM 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
Airlines should still avoid airspace over Iran after framework deal, EU agency warnsAviation authorities are urging airlines to steer clear of Iranian, Iraqi, and Lebanese airspace, extending advisories until July 1. Despit...
24 Jun, 2026, 01.24 PM IST