The Latest Breaking News from Gulf

US hits civilian infrastructure as it expands strikes against Iran

Tehran bombs US allies in Middle East after US attacks on bridges, energy facilities and key port

The Guardian - UK · Jul 17

Backed into a corner by Iran over the Strait of Hormuz, Trump may resort to even more reckless escalation

In a moment of brazen hubris in the Oval Office last year, US President Donald Trump railed at Ukrainian President Volodymyr Zelensky. He accused Zelensky of not being thankful for US support in Ukraine’s existential struggle against invading Russian forces, and famously told him: “You don’t have the cards”.

The Conversation · Jul 16

Supertanker hit with Hellfire missiles: How US-Iran conflict is spreading across the Gulf

The United States intensified its military campaign against Iran on Thursday, expanding its strikes, for the first time since reimposing its naval blockade, attacking an oil tanker with Hellfire missiles headed for Tehran's main export terminal.

The Times of India · Jul 16

Trump's 20% Shipping Fee Plan in Hormuz Collapses Less Than One Day After Announcement

Trump's 20% Hormuz shipping fee collapsed in less than a day after Gulf allies intervened, reviving debate over Trump's negotiating style as tensions with Iran escalated.

International Business Times UK · Jul 15

Trump's Hormuz Toll Gamble Ends Quickly: 20% Fee Abandoned After Single Day in Power Play

President Trump has reversed his proposal for a 20% toll on cargo through the Strait of Hormuz, following appeals from Gulf allies, opting instead for expanded trade and investment deals

International Business Times UK · Jul 15

Trump Abandons 20% Strait of Hormuz Fee, Says Gulf States Will Make 'Record' Investments in the US as CENTCOM Reaffirms Naval Blockade

President Donald Trump has abandoned the idea of imposing a 20% fee on all vessels traveling through the Strait of Hormuz after floating the idea on Monday, demanding compensation in exchange for safe passage through the waterway.

Benzinga · Jul 15

Gold edges higher on soft US inflation, Gulf conflict clouds rate outlook

Gold prices saw a slight increase on Wednesday as inflation data eased rate hike worries. Renewed Middle East conflict and rising oil prices, however, limited gains for the precious metal. Traders now anticipate a lower probability of a U.S. interest rate increase this year. Investors await China's economic data, which…

The Economic Times · Jul 15

Trump resumes Iran port blockade and threatens strikes on energy targets

President Donald Trump reimposed a naval blockade on all Iranian ports. He threatened to strike power plants and bridges next week unless negotiations resume. The US military also began fresh strikes to degrade Iranian capabilities used to attack shipping. Iran claims it closed the Strait of Hormuz after hostilities reignited…

The Economic Times · Jul 15

Trump Scraps Hormuz Toll After One Day, Admits He Doesn't 'Like the Concept of a Fee'

President Trump has reversed his decision to impose a 20% toll on vessels in the Strait of Hormuz, opting for Gulf investment deals amidst escalating US-Iran tensions.

International Business Times UK · Jul 14

US military reimposes naval blockade on Iranian ports, launches new strikes

US forces on Tuesday reimposed a naval blockade to prevent ships from sailing to or from Iran's ports and conducted strikes against the country for a fourth day in response to Tehran's attacks on commercial ships passing through the Strait of Hormuz and on Gulf facilities.

France 24 · Jul 14