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The Latest Breaking News from Gulf

Iran-US war latest: Trump launches new wave of strikes as UAE condemns Iran’s ‘brazen’ attacks on tankers

Donald Trump has said the US will be guardians of Strait of Hormuz and impose a 20 percent toll on ships using it

The Independent UK

Why India Refused a Fast US Trade Deal Will Surprise You

What happens when one of the world's fastest-growing economies refuses to rush into a deal with its biggest trading partner? That is exactly what India has done. Instead of accepting a quick trade agreement with the United States, New Delhi has chosen patience over pressure. The decision has sparked global…

MyLifeXP

Korea's Kospi hits 8% lower circuit, trading halted. What's rattling investors today?

South Korea's benchmark Kospi index plunged 8% to lower circuit on Monday as rising tensions in the Gulf and soaring oil prices rattled global markets. The selloff, led by sharp declines in AI-heavyweights SK Hynix and Samsung Electronics, pushed the index deeper into bear market territory, although it remains the…

The Economic Times

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Gold slides over 1% as oil surges on Strait of Hormuz closure fears

Gold prices declined over one percent in early Asian trade Monday. Oil prices jumped sharply, increasing inflation concerns and interest rate expectations. U.S. and Iranian forces exchanged missile and drone assaults in the Gulf region. Federal Reserve chair testimony and economic data will offer policy clues. Gold speculators reduced net…

The Economic Times

Global Market Today: Asian shares slip as oil jumps on Gulf attacks

Asian markets declined as intensified Gulf fighting and oil price surges rekindled inflation risks. Oil prices climbed significantly, impacting global economic outlooks and investor sentiment. Investors increased expectations for a Federal Reserve interest rate hike soon. Major banks and tech companies are set to release their quarterly earnings reports. South…

The Economic Times

Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closed

U.S. and Iranian forces exchanged heavy missile and drone assaults across the Gulf region. Iran stated it had again closed the vital Strait of Hormuz, impacting global shipping. The United States military launched retaliatory strikes against Iranian facilities on Sunday. This renewed violence casts further doubt on an interim U.S.-Iranian…

The Economic Times

Oil jumps 3% after US, Iran escalate strikes in Mideast

Oil prices climbed Monday as Iran expanded strikes on Gulf states. U.S. West Texas Intermediate crude rose and Brent crude futures climbed. Tehran extended strikes on Qatar and the United Arab Emirates over the weekend. This cycle of attacks casts doubt on an interim U.S.-Iranian agreement. Market analysts suggest the…

The Economic Times

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Middle East live: US ‘reinstating’ Hormuz blockade, will charge 20% on cargo, Trump says

President Donald Trump on Monday said the US is “reinstating” a blockade on Iran in the Strait of Hormuz and will charge ships a “rate of 20% on all cargo shipped” through the waterway for the security costs. Traffic in the strait slowed as Washington and Tehran asserted competing claims…

France 24

Iran expands attacks on Gulf states after intense US strikes

Iran reported strikes Sunday evening on two of its southern islands while Kuwait, where Tehran has repeatedly targeted US installations, said border posts and an offshore oil platform had been attacked. The as-yet unclaimed strikes came hours after Tehran and WashingtonStrait of Hormuz, offering contradicting statements as to whether the…

France 24

US-Iran war: Oil flow through Hormuz rises after ceasefire, but fresh strikes spark fears, IEA says

Iran war news: Oil flows through the Strait of Hormuz recovered sharply after a ceasefire. Renewed hostilities this week have revived uncertainty over global oil markets. Benchmark crude prices fell through June as tanker traffic resumed. Global oil supply rebounded in June, supporting Gulf production recovery. The outlook depends on…

The Economic Times

Hormuz Stays Open as Iran–US Strikes Lift Oil Prices Amid Gulf Tensions

Shipping through the Strait of Hormuz remains open despite Iranian claims that it has shut the key transit route for oil and natural gas to traffic.

Benzinga

US-Iran strikes: latest developments

DUBAI - Iran announced it was again closing the Strait of Hormuz on Sunday and hit Gulf neighbours in retaliation for US strikes, further undermining efforts to salvage Middle East peace efforts.

Bangkok Post

US-Iran strikes: Latest developments on Gulf attacks, Hormuz closure

Iran announced it was again closing the Strait of Hormuz on Sunday and hit Gulf neighbours in retaliation for US strikes, further undermining efforts to salvage Middle East peace efforts. US strikes 140 targets CENTCOM said Saturday the US military had hit "approximately" 140 targets in Iran in retaliation for…

The Economic Times

Trump claims strait of Hormuz open to commercial traffic despite Iran earlier announcing closure – as it happened

Tehran reportedly attacks Gulf countries following fresh US strikes

The Guardian - UK

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The Times of India

Middle East ceasefire dead as US bombs Iran again, Hormuz shuts and missiles fly over Gulf countries — top developments

The United States carried out a third round of strikes on Iran after accusing Tehran of attacking a commercial container ship in the Strait of Hormuz. In response, Iran announced that it had once again closed the strategic waterway, stepped up attacks on US military facilities across the Gulf and…

The Independent UK

Qatar’s former ruler who abdicated after turning tiny Arab nation into global powerhouse dies at 74

Hamad bin Khalifa Al Thani mastermind the Persian Gulf state’s transformation from a quiet backwater into an influential international crossroads in less than a generation

The Economic Times

Booms heard in Doha as UAE air defences engage with Iranian missiles & drones

United Arab Emirates air defence systems are responding to incoming missiles and drones from Iran. Explosions were heard in Qatar's capital, Doha, as security alerts were issued. This escalation follows fresh United States strikes on Iranian targets. Iran declared the Strait of Hormuz closed, warning of severe responses to any…

Radio France Internationale

What makes the Sultanate of Oman the Gulf's geopolitical exception?

Removed from the theatrics of petrodollar politics seen across the rest of the Gulf, the Sultanate of Oman's famed discretion and diplomacy have made it an indispensable intermediary in the region.

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The Economic Times

Fight for Hormuz swings between missiles & diplomacy as Iran minister reaches Oman

Iran's foreign minister Abbas Araqchi arrived in Oman to discuss ship passage safety. The United States seeks a public pledge for secure and free transit. Recent hostilities escalated after attacks on commercial tankers in the Gulf. Both sides have agreed to continue talks despite the ongoing conflict. Oil prices have…

Radio France Internationale

Iran strikes Gulf neighbours after new US attacks

Tehran announced it was closing the Strait of Hormuz on Sunday and launched missiles and drones at its Gulf neighbours, in retaliation for new US strikes following an attack by Iranian forces on a merchant vessel that was abandoned in flames by its crew.

The Economic Times

Could oil prices spike further? Inside the fragile US-Iran stance in the Gulf

Geopolitical tensions in the Middle East have escalated after attacks on commercial vessels. Iran's objective appears to be expanding its strategic influence over the Strait of Hormuz. Gulf nations are remaining cautious to avoid direct involvement in the confrontation. Crude oil prices are expected to remain elevated due to ongoing…

Evening Standard

US demands Iran publicly guarantees Strait of Hormuz is open and safe for ships

Tehran’s top diplomat at the United Nations insists any activity in the Gulf channel ‘rests exclusively with Iran’

Bangkok Post

Trump agrees to more Iran talks but insists truce is over

TEHRAN - US President Donald Trump said Friday he had agreed to further negotiations with Iran, even as he repeated his assertion that the ceasefire between the long-time foes was over.

The Economic Times

Unclaimed strikes hit southern Iran as Hormuz tensions persist

Mysterious airstrikes hit Iran after United States attacks concluded. Iran launched retaliatory attacks across the Middle East, targeting several nations. Gulf Arab states and Israel have not claimed responsibility for these strikes. Iran continues to assert sole control over the vital Strait of Hormuz waterway. Maritime advisories urge ships to…

The Conversation

Why Iran broke the ceasefire in the Strait of Hormuz and what might happen next – expert Q&A

The 60-day ceasefire signed by the US and Iran three weeks ago fell apart on July 8. Iran targeted vessels transiting the Strait of Hormuz without its say-so, prompting the US to respond with strikes against a range of military targets in the Islamic Republic.

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