Lebanon deploys army at pumps over fuel subsidies

• Fuel importers blame the crisis on a delay by the central bank in opening credit lines to fund imports
• Lebanon is gripped by one of the world's worst economic crises since the 1850s

US’ Iran sanctions target Omani man, firms

• The US has sanctioned an Omani national Mahmood Rashid Amur Al Habsi, who it said helped smuggled oil out of Iran
• On the list of sanctions are also two companies owned by Al Habsi, and a tanker used to ferry oil

Chevron JV wins $240m Bapco deal

• This is an exclusive five-year agreement, which includes an option to renew for an additional five years
• The resulting plant would be known as 1RHCU when fully operational in 2023

Cargo ship splits in two after running aground at Japan port

• Aerial images showed the separated stern of the Crimson Polaris tipped upwards and the other part of the stricken boat listing into the sea
• Authorities were trying to contain the oil leak but had not yet been able to erect an oil fence around the boat

US urges OPEC+ to pump more oil

• The US believes lower oil prices resulting from slower pumping would be detrimental to a global economic recovery
• As such, it has said it is engaging with ‘relevant OPEC+ members’ to urge them to extract more oil

ADNOC and Fertiglobe to sell blue ammonia to Idemitsu

• ADNOC sold its first cargo of blue ammonia to Japan's Itochu on Aug. 3.
• Sales part of UAE-Japan industrial cooperation and development of ammonia supply chains.

Raisi tells Macron nuclear talks must guarantee Tehran’s ‘rights’

• It was the ultraconservative Raisi's first reported call with a Western leader since taking office last week
• Both Raisi and Macron also stressed the need to strengthen bilateral relations, the statements said

Iran helps Syria build power plant in Latakia

• Iran-based Mapna Group has been tasked with implementing the project
• Iranian experts are aiding in this construction in an effort to assist the war-torn country in rebuilding itself

Abu Dhabi Ports plans uninterrupted gas supply for customers

Middle East’s largest wind farm produces first carbon-free MWh

• The project, Saudi Arabia's first, is being developed by EDF Renewable and Masdar.
• On completion, the farm will power about 70,000 Saudi households.