Stories tagged “Gulf.”
25 stories
Saudi Arabia, Pakistan and Turkiye have signed a joint defence pact, raising questions about the effectiveness of the decades-long US military presence in the Gulf.
Russian President Vladimir Putin and UAE President Mohammed bin Zayed Al Nahyan discussed Gulf and Ukraine developments in a phone call, emphasizing the importance of quickly reaching agreements to normalize the situation.
Gulf Shipping Grinds to a Halt Following Houthi Missile Claim
Gulf shipping has come to a halt following a Houthi missile claim. The incident has raised concerns about the safety of oil tankers in the region.
Shipping traffic through the Strait of Hormuz and the Bab-el-Mandeb strait has reduced significantly after the Houthis claimed to have attacked a Saudi oil tanker.
BBC research shows Iran's attacks have caused new damage to US military bases and civilian facilities in several Arab countries, despite Donald Trump's claim that Iran's military capabilities have been destroyed.
Yemen's Iran-aligned Houthi militants fired on Saudi oil installations in two ports on the Red Sea coast, as the war in the Gulf that has disrupted global supplies extended to a second front.
A new report by Numbeo shows that Gulf countries have topped the Arab and global quality of life index 2026, with Oman ranking third globally. The report takes into account eight factors, including purchasing power, safety, healthcare, cost of living, and time spent commu…
Trump Threatens to Use Frozen Iranian Assets to Pay for Shipping Damage
US President Donald Trump has threatened to use frozen Iranian assets to pay for shipping damage in the Gulf. Iran's foreign minister Abbas Araghchi has responded, calling the move an 'incendiary precedent'.
Pound down as Gulf-driven dollar demand offsets UK data beat
Sterling traded lower on Tuesday while the euro held steady, as a dollar bid driven by military escalation in the Gulf overshadowed domestic political developments in both economies.
Pound edges up as energy prices keep dollar bid on Gulf risk
Sterling traded marginally higher on Monday while the euro slipped, as escalating U.S.-Iran tensions pushed Brent crude back above $90 a barrel, reinforcing support for the dollar and energy-exporting currencies.
US-Iran fighting escalates with infrastructure targeted
Iran has struck infrastructure in the Gulf and threatened a 'full-scale offensive' in retaliation for US strikes on the Islamic republic. The US has hit an airport, railway station, and bridges, prompting Iran to retaliate with strikes on an oil facility in Kuwait and a p…
The U.S. has quietly withdrawn its troops from some of the most vulnerable areas in Eastern Europe, sparking worries that a Kremlin increasingly humiliated by Ukraine's long-range drone and missile strikes might be tempted to lash out.
Iran's Supreme Leader Ayatollah Syed Mojtaba Khamenei vowed revenge for his father's killing by US-Israeli strikes. He threatened to target individuals on a compiled list, while President Donald Trump warned against any attempt to assassinate him.
Iran says it hit U.S. military targets in Gulf as it buries slain leader Khamenei
Iranian armed forces launched attacks on U.S. military infrastructure in Persian Gulf states on Thursday following U.S. strikes on Iran's southern coastal and eastern provinces, further eroding a 3-week-old ceasefire.
The US Army has launched a new wave of attacks on Iranian targets, including military installations and infrastructure along the country's coast. The Iranian Revolutionary Guard has responded with rocket attacks on US military bases in Kuwait and Bahrain. The US has calle…
Gulf Oil Producers Relaunch Fight for Market Share in Asia
Gulf oil producers are relaunching their fight for market share in Asia, despite the ongoing Iran conflict. The region's oil prices have been affected by the Hormuz Strait's persistent risks, but tanker traffic is slowly recovering.
UN chief ‘alarmed’ over renewed US-Iran military confrontations, urges peace negotiations
The UN chief has expressed alarm over the renewed military confrontations in the Gulf between the US and Iran, calling for steps to de-escalate and resume negotiations aimed at a durable solution to the Middle East conflict.
OPEC Oil Production Jumps, But Gulf Supply Is Still Far From Normal
OPEC oil production has increased, but Gulf supply remains far from normal. The increase in production is a positive sign for the oil market.
Iran has warned of a strong response to any US aggression, accusing the US of violating a ceasefire understanding. The US and Iran have continued attacks in the Gulf, each accusing the other of violating an interim deal.
New Estimates Challenge Assumptions About Lost Gulf Oil Supply
New estimates challenge previous assumptions about lost Gulf oil supply.
Kuwait said its air defenses are currently engaging hostile aerial targets, and Bahrain again activated sirens as officials urged calm and reliance on official updates.
Fourteen weeks after Trump’s strike on Iran, U.S. forces are stuck in a tense ceasefire, with attacks, injuries and extended deployments continuing.
Dubai's luxury hotels are leaning on resident staycations after the war scared away international tourists. Deep discounts are keeping some resorts busy, but the fix looks temporary.
Drone and missile attacks shut Kuwait’s airport and deepened a fragile US-Iran ceasefire. Bahrain also reported attacks as Gulf states rallied against Tehran.
MSC said its Sariska V was hit by two projectiles at Iraq's Umm Qasr port, but all crew were safe. The company said Iran's Revolutionary Guard claimed responsibility.