Tuesday 08 - 17:15
Most Gulf stock markets ended lower on Sunday as investors reacted cautiously to signals from the U.S. Federal Reserve that could point to tighter monetary policy and a possible interest-rate increase in September. Market sentiment weakened after Federal Reserve policymaker Kevin Warsh said at the central bank’s annual economic symposium......
QatarEnergy is adapting its commercial strategy in response to the deteriorating navigation conditions in the Strait of Hormuz. The Qatari energy group launched a new tender this week to sell al-Shaheen and Qatar Marine crude with ship-to-ship (STS) transfers conducted outside the strait, according to three trade sources and a document reviewed......
The Iranian Revolutionary Guards claim that Tehran and Muscat have reached several agreements regarding the management of the Strait of Hormuz, including the allocation of maritime spaces and revenues related to navigation. The situation regarding the Strait of Hormuz is evolving. The Iranian Revolutionary Guards announced on Wednesday, August......
The Hormuz Strait remains at the center of geopolitical tensions between the United States and Iran. On Tuesday, President Donald Trump stated that the mine clearance operations conducted in this strategic waterway are now complete, while issuing a stern warning to Tehran against any further attempts to obstruct navigation.In a message posted......
An oil tanker was struck by a projectile of undetermined origin while sailing off the coast of Oman, in a strategic area of the Strait of Hormuz. The impact severely damaged the engine room and immobilized the ship. No crew members were injured, according to initial reports from British maritime authorities. A vessel immobilized after an unidentified......
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