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The Latest Breaking News from Gulf

Goldman raises Dutch TTF gas price view on slow Hormuz export recovery

Goldman Sachs raised its Dutch TTF gas price forecasts for the final two quarters of 2025, citing expectations of further delays in the normalisation of LNG exports from the Gulf amid heightened Middle East tensions. The investment bank lifted its Q3 and Q4 forecasts to €60 and €53 per MWh,…

The Economic Times

Tropical Storm Bertha heads for land as Hurricane Fausto forms in eastern Pacific

Bertha could bring heavy rain on US Gulf coast, with its center located 110 miles south of Panama City, Florida

The Guardian - US

Pakistan can hit an oil jackpot amid a widening US-Iran war

Gulf states are seeking military partnerships with Pakistan amid regional tensions. Pakistan could gain oil and investment while deepening ties with Arab nations. This strategic shift complicates Pakistan's role as a mediator with Iran. The country faces challenges in fulfilling extensive military commitments to multiple nations. Pakistan must balance economic…

The Economic Times

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US-Iran strikes: latest developments

DUBAI - Iran's president said his country is fighting a "full-scale war" with the United States, as Washington expanded its strikes across the Islamic republic and Tehran hit Gulf states.

Bangkok Post

How a Houthi blockade in the Red Sea tightens Iran's grip on global energy supplies

Yemen's Houthis declared a maritime blockade against Saudi Arabia on Monday. This action escalates regional conflict and impacts global energy markets significantly. The Red Sea has become a critical alternative oil export route for the Gulf. Disruptions here, alongside the Strait of Hormuz, could cause a major energy crisis. The…

The Economic Times

Bonds unsettled as oil and gas climb, earnings loom for AI

Escalating Gulf conflict pushed oil prices above ninety dollars a barrel on Monday. Higher energy costs revived inflation worries and impacted bond yields significantly. Futures markets now price in a Federal Reserve rate hike by year-end. Equity markets remained subdued as investors assessed these economic pressures. This comes as major…

The Economic Times

Why the Red Sea remains one of the world's most dangerous shipping routes

Red Sea Shipping Route Explained: In a concerning development, Iran has alerted the world to possible disruptions in the Red Sea that threaten vital energy markets. The Bab el-Mandeb Strait, an essential trade artery, is now under scrutiny as Houthi rebels have stationed missiles and drones nearby. This precarious situation…

The Economic Times

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South Korea's share market losses deepen as leveraged AI bets take a heavy toll

South Korean shares experienced a significant decline, triggering market-wide trading curbs. Investors are unwinding AI-linked trades, extending a sharp correction in the KOSPI index. This selloff highlights growing investor anxiety over leveraged bets on AI chipmakers. Markets also reacted to escalating Gulf conflict and rising oil prices. Major tech earnings…

The Economic Times

Iran-US war latest: Trump says Tehran will pay ‘many times over’ for US soldier deaths as Iran targets Kuwait

Oil prices climb above $90 a barrel after Iranian military targets two tankers in Strait of Hormuz

The Independent UK

Global Market Today: Asian shares hesitant as oil climbs, earnings loom

Asian markets showed hesitation as oil prices climbed due to escalating Gulf conflict. This surge revived inflation worries, influencing Federal Reserve rate hike expectations. Major tech earnings this week will test investor confidence in artificial intelligence stocks. South Korea's market experienced significant losses after retail investors were squeezed out. The…

The Economic Times

The world is looking ahead toward a post-Iran oil market that offsets most Hormuz volumes in a few years as ships reject a U.S.-backed alternate route

Goldman Sachs estimated that enough Mideast pipeline capacity could be added to insulate 75% of the pre-war Gulf exports by the end of 2028.

Fortune

The week that was in international affairs: US-Iran ceasefire dead, Hormuz blockade back on; China flexes with missile test

Welcome back to another edition of My Take 5, your weekly wrap of international news. This week we are covering the slow crumbling of the US-Iran ceasefire, the reimposition of US naval blockade on Iran, protests in Ukraine over firing of the defence minister, China’s missile test in the South…

The Times of India

US-Iran strikes: latest developments

DUBAI - US and Iranian strikes extended into Sunday, with Washington saying it was punishing Tehran for the deaths of two US servicemen in Jordan and Gulf states announcing responses to Iranian attacks.

Bangkok Post

UAE flight cancellations today: US-Iran conflict impacts Kuwait, Saudi Arabia routes as airlines adjust schedules

Check the latest UAE flight cancellations as some routes face disruptions. Services to Kuwait and parts of Saudi Arabia are most affected by these changes. Several international airlines have extended flight suspensions to Dubai and other Gulf destinations. Rerouting flights due to airspace restrictions causes longer journey times and potential…

The Economic Times

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Radio France Internationale

US-Iran fighting escalates with infrastructure targeted

Iran on Saturday struck infrastructure in the Gulf and threatened a "full-scale offensive" in retaliation for the seventh consecutive night of US strikes on the Islamic republic.

The Guardian - US

Why is Trump risking midterm disaster by resuming the unpopular Iran war?

Less than a month after hailing a ceasefire, Trump resumed strikes on Iran, a move experts warn could prolong the war and hurt Republicans before the midterms

The Economic Times

Oil settles up on renewed US-Iran hostilities and threat of Red Sea closure

Oil prices climbed significantly on Friday, reaching their highest point in over a month. Escalating hostilities between the United States and Iran intensified attacks across the Gulf region. Shipping routes face potential closure, impacting global oil flows and prices. Saudi Arabia has redirected significant crude exports to avoid the Strait…

AAP

Australia expands its fuel buffer against Gulf turmoil

Australia's fuel reserves have hit all-time highs as the Iran conflict roils global oil markets, helping keep unleaded around $1.76 a litre in capital cities.

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The Times of India

While commercial ships and oil tankers struggled to get by, this Soviet-born billionaire’s $300 million superyacht left Dubai and cruised through the Strait of Hormuz on a 2,000-mile journey to the Maldives

Motor Yacht A, under the ownership of billionaire Andrey Melnichenko, recently traversed the Strait of Hormuz amidst increased military tensions that have prompted commercial vessels to postpone their voyages. Following the imposition of Western sanctions after Russia's invasion of Ukraine, Melnichenko relocated his assets to the Gulf, particularly after his…

The Independent UK

Iranian strike damages a Kuwait desalination plant, exposing water vulnerability in dry Mideast

Iranian strikes have damaged a power and water desalination plant in Kuwait, highlighting the vulnerability of infrastructure in the Middle East

International Business Times

Oil Producers Are Trying to Leave the Strait of Hormuz Behind. Iran Has Other Plans.

Governments across the Gulf are accelerating pipeline construction after Iran and its regional allies intensified attacks on commercial shipping, but experts say pipelines remain exposed to military strikes from Tehran.

The Independent UK

UK strikes ‘biggest ever’ deal with European country amid e-gate and roaming agreement

The trade deal followers similar situations with India, the US, the EU, Gulf states and South Korea

The Guardian - UK

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 Conversation

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 Times of India

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.

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