Keywords: Gulf
Iranian President Masoud Pezeshkian has indicated that Tehran could consider reopening the strategically important Strait of Hormuz, linking any such move to an end to what he described as a US maritime blockade and military attacks on Iranian ports. The remarks, reported by Iran's ISNA news agency,......
Russia is calling for the United States and Iran to return to implementing the terms of a previously agreed memorandum of understanding, as tensions in the Gulf continue to raise concerns in Moscow. Kremlin spokesperson Dmitry Peskov said Russia would prefer to see Washington and Tehran resume compliance......
Algeria announced on Thursday that it had decided to sever diplomatic relations with the United Arab Emirates, citing what its government described as a prolonged series of provocative and hostile actions by Abu Dhabi. The decision was announced through Algeria’s official news agency and state......
Oil prices extended their gains for a fourth consecutive session on Wednesday as escalating geopolitical tensions in the Gulf raised concerns about further disruptions to regional energy supplies. At around 09:42 Moscow time, October futures for US West Texas Intermediate crude were up 1.37% at $94.30......
Iran’s Islamic Revolutionary Guard Corps (IRGC) said its naval forces had targeted 20 vessels in and around the Strait of Hormuz, including two US ships, eight oil tankers and 10 other vessels accused of attempting to enter what Tehran described as a restricted and unsafe zone. In a statement,......
Finnish prosecutors are seeking a prison sentence of at least two and a half years for the captain of the Russian-linked cargo vessel Fitburg, accusing him of damaging subsea cables in the Gulf of Finland in December 2025. The case went before the Helsinki District Court on Tuesday, following an investigation......
The six Gulf Cooperation Council (GCC) countries are moving closer to launching a unified tourist visa designed to make regional travel easier for international visitors and strengthen the Gulf’s position as a connected tourism destination. GCC Secretary-General Jassem Albudaiwi recently said......
Goldman Sachs has raised its oil price forecasts for 2026 and 2027, citing the possibility that disruptions to shipping and energy supplies in the Middle East could continue into next year. The investment bank now expects Brent crude to reach $85 a barrel in December 2026, while US West Texas Intermediate......
Shipping activity through the Strait of Hormuz has fallen to one of its lowest levels in recent months as heightened security concerns continue to weigh on maritime traffic in the strategically important waterway. Data from shipping intelligence company Kpler showed that only seven cargo vessels passed......
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