UAE halts all trade, commercial exchanges and financial transactions with Iran until further noticeThe United Arab Emirates has suspended all trade activities and financial transactions with Iran. This decision follows regional escalation...
'We will correct delusions of this deluded man': Iran hits back at Trump's assertion over Hormuz as 'NEW U.S. Territory'Iran has warned Donald Trump that his claims over the Strait of Hormuz will be corrected. Iranian officials dismissed Trump's assertions as...
UAE detects two ballistic missiles launched from Iran, warns residents to stay safeThe UAE on Tuesday detected two ballistic missiles launched from Iran, the Defence Ministry said, with one missile falling outside the coun...
Trump threatens to 'bomb' Oman if they get in way of Hormuz dealUS President Donald Trump has threatened military action against Oman if it interferes with the US blockade of Iranian ships in the Strait ...
Oil Price Today (August 17): Crude oil approaches $90 again amid no breakthrough in Iran war talks. What’s next?Over the weekend, Iranian Foreign Minister Abbas Araqchi said Iran had not decided to resume talks with the U.S. Meanwhile, U.S. President ...
Iran claims Qatar holds missing pilots; UAE tanker attacked in Strait of HormuzIran alleges Qatar is holding three missing pilots captured after their aircraft were shot down. Qatar denies this, stating search teams re...
Gulf nations growing impatient with Trump's diplomatic efforts regarding truce with Iran: ReportPersian Gulf allies express growing weariness with Iran peace deal negotiations. United States officials reject assessments of President Tr...
UAE says Iran attacked ADNOC vessel in Strait of HormuzThe United Arab Emirates reported an Iranian attack on an oil company vessel. No injuries occurred, and the situation was reportedly under ...
Oil inches toward $90 on tanker attacks, lack of progress in Iran war peace dealCrude oil futures experienced an upward trend on Friday due to disruptions from tanker attacks and the stagnation of peace talks. Brent cru...
Iran President Pezeshkian said to attend BRICS summit in DelhiIranian President Masoud Pezeshkian will attend the BRICS summit in New Delhi this September. He joins other senior leaders, including Russ...
UAE points finger at Iran as two ADNOC ships attacked in Strait of HormuzTwo Abu Dhabi National Oil Company vessels faced attacks in the Strait of Hormuz. The United Arab Emirates accused Iran of carrying out the...
Oil Price Today (August 14): Crude oil dips below $88 despite Trump’s threat to blockade Iran indefinitely. What are experts saying?Brent crude futures were down 30 cents, or 0.34%, at $86.77 a barrel, while US West Texas Intermediate (WTI) crude futures gained 34 cents ...
Oil steadies after US threatens to blockade Iran indefinitelyOil prices edged higher on Friday amidst fresh supply anxieties, largely sparked by the U.S.'s warning of a possible indefinite naval block...
Oil Price Today (August 13): Crude oil dips below $90 despite Strait of Hormuz deadlock. Here’s whyThe Organisation of Petroleum Exporting Countries cut its forecast for global oil demand growth in 2026 to 580,000 barrels per day in its m...
Oil Price Today (August 12): Crude oil reclaims $90 again after fresh attacks on ships. What are experts saying?Brent crude futures were up 72 cents, or 0.81%, at $89.63, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.9...
Oil Price Today (August 11): Crude oil rises to $88 after Trump's compensation demand dents Hormuz opening. Here's whyBrent crude futures were flat at $88 a barrel or 0.35%, while US West Texas Intermediate crude futures stood at $83.50, up 0.40% a barrel. ...
Oil Price Today (August 10): Crude oil rises to $85 amid Hormuz worries as attacks continue. What are experts saying?Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shi...