The Latest Breaking News from Gulf

June: 10 mbpd, May: 3 mbpd: Gulf oil exports up, but 40% below pre-war level

Gulf oil exports surged past 10 million barrels daily in June, a significant jump from May, thanks to US military efforts securing the Strait of Hormuz. The UAE spearheaded this recovery, enabling millions of barrels to reach global markets and helping to stabilize oil prices. Despite this rebound, exports remain…

The Economic Times · Jul 3

Gulf carriers eye Boeing, Airbus jets as Air India weighs delays

Gulf airlines like Etihad and Saudia are reportedly eyeing earlier aircraft delivery slots, potentially from Air India's deferred orders. This comes as major planemakers Boeing and Airbus have extensive backlogs, making near-term deliveries highly sought after for fleet modernization. While Air India states its plans are on track, these discussions…

The Economic Times · Jul 3

Desperately play catch-up: In the last year, India has appeared tired and enervated - time to turn the page

India faces a shifting global landscape, grappling with geopolitical realignments and the rise of AI as a strategic tool. The article highlights challenges in the Gulf, the need for sovereign AI development, and renewed pressure from Pakistan. New Delhi must adapt to these evolving external dynamics and assert its position…

The Economic Times · Jul 2

How oil turned the motors of capitalism: a history

The vulnerability of the world economy to oil prices was painfully visible in the first half of 2026 following the US and Israel war against Iran. The power of this commodity to upend economies has been apparent before. In his recently published book Crude Capitalism: Oil, Corporate Power, and the…

The Conversation · Jun 30

Gulf bond markets rally despite uncertain outlook

GCC debt markets have rallied since the ceasefire, but tight liquidity remains a key hurdle

Fortune · Jun 30

NRI women investing nearly 70% higher in western markets than gulf countries: Report

Female participation in cross-border investing among NRIs rose nearly 70% over the past year, according to Belong’s analysis of investors across 34 countries. Women accounted for 7.3% of NRI investors in June 2026, up from 4.3% a year earlier. The study also found sharp regional variations, with participation in Western…

The Economic Times · Jun 30

Strait of Hormuz: Strategic chokepoint in shadow of geopolitics

The Strait of Hormuz, a key chokepoint for the global trade of crude oil and liquefied natural gas, is at the centre of disputes in negotiations to end the Middle East war, even after the US and Iran signed a preliminary deal. About one-fifth of consumption of global oil and…

The Economic Times · Jun 30

Oil finds its way: Supertankers return to Persian Gulf

Supertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran conflict. Shipping data indicates a significant increase in commodity vessel traffic, including oil tankers, signalling renewed confidence among shipowners. This return of large carriers, with a combined capacity…

The Economic Times · Jun 30

Oil falls as investors focus on potential Iran-US talks in Doha

Oil prices dipped as markets keenly watched potential U.S.-Iran talks in Doha, following recent missile exchanges that tested a fragile ceasefire. While investors express cautious optimism for de-escalation and a return to normal shipping through the Strait of Hormuz, uncertainty lingers. Middle Eastern producers are actively loading oil and LNG,…

The Economic Times · Jun 30

Money can't buy success in World Cup for gulf nations like Saudi Arabia and Qatar

Gulf nations like Saudi Arabia and Qatar invested extensively in soccer and infrastructure, yet both faced disappointing exits from the World Cup. This situation reveals that even large financial investments do not guarantee success on the field. As Saudi Arabia prepares for the 2034 World Cup, Qatar continues to strive…

The Economic Times · Jun 29