OPEC+ agrees fresh August output hike as Gulf oil production slowly recovers
The producer group approved another increase of 188,000 barrels per day for August, signaling confidence that Gulf oil output can...
Geostrategy
Iran warns US, Israel against attacks as Khamenei funeral preparations begin
The warning came as US-Iran diplomacy remained on track after Doha talks. Iran's deputy foreign minister said the Doha negotiations...
Geostrategy
Geostrategy
Trump says Iran denuclearization ‘moving along well’ as Doha talks continue
Technical negotiations continue over shipping, sanctions and ceasefire implementation as mediators work to translate the June accord into practice.
- Iran warns it will respond immediately to any threat as Israeli rhetoric raises tensions despite ongoing diplomacy.
- Shipping and aviation authorities maintain heightened security measures around Hormuz amid concerns the ceasefire remains fragile.
Geostrategy
US, Iran continue indirect contact in Doha as officials trade barbs over talks
The envoys' presence follows US President Donald Trump's announcement on Monday that Iran had requested a meeting in the Qatari...
- South Korea's Oceans Ministry said the HMM-operated bulk carrier Namu, damaged in a May attack in the Strait of Hormuz, will exit the strait in late July.
- Democratic Representative Rashida Tlaib said she would support a bill to block roughly $3.3bn in military aid to Israel.
Geostrategy
Iran demands MoU implementation before US talks in Doha
Trump said US envoys were travelling to Qatar for what he described as a "perhaps important, perhaps not" meeting, adding...
- Strait of Hormuz dispute remains major obstacle as Tehran demands sanctions relief and asset releases before broader negotiations begin.
- Brent crude, the primary international benchmark, has dipped with investors eyeing potential US-Iran talks in Doha.
Business
GCC asset management reaches $2.7 trillion as retail growth outpaces institutions
Boston Consulting Group says regional asset managers must strengthen distribution capabilities and technology adoption as industry competition intensifies globally.
- Retail assets outpaced institutional growth, highlighting accelerating demand despite institutional investors continuing to dominate regional assets under management.
- BCG says distribution capabilities, AI adoption and technology investment will increasingly determine competitive advantage for regional asset managers.
Geostrategy
US and Iran agree to halt strikes, pursue technical talks: Official
AFP quoted an American official as saying that the technical talks are slated to continue on all areas of the...
- Hezbollah on Monday said it reserved the right to self-defence after several Israeli attacks on southern Lebanon despite a truce.
- Lebanese Parliament Speaker and Hezbollah ally Nabih Berri also said the trilateral framework would not pass.
Geostrategy
US and Iran trade strikes again, threatening fragile ceasefire
US Central Command said American fighter jets struck 10 Iranian military sites in and near the Strait of Hormuz, while...
- Iran warned continued US attacks would collapse the Strait of Hormuz agreement and halt ongoing diplomatic negotiations immediately.
- Netanyahu, meanwhile, said Lebanon's framework deal allows Israel to maintain a southern security zone until Hezbollah is fully disarmed permanently.
Geostrategy
Iran claims retaliation against US as Hezbollah protests Israel-Lebanon agreement
Tehran warned of broader retaliation if attacked again as Washington defended its military action, while unrest spread to Beirut after...
- Hezbollah supporters blocked Beirut roads and burned tyres protesting the US-backed Israel-Lebanon framework agreement announced in Washington.
- Hezbollah was not involved in the negotiations and has previously rejected calls for nationwide disarmament.
Geostrategy
IAEA prepares to inspect Iran nuclear sites as US, Gulf states back Tehran accord
In Israel, Prime Minister Benjamin Netanyahu and Defence Minister Israel Katz said Israeli forces would remain indefinitely in what they...
- Wall Street Journal reported that the Pentagon is reviewing its military posture in the Middle East following recent Iranian strikes on U.S. facilities in the Gulf.
- U.S. Secretary of State Marco Rubio and Gulf Cooperation Council foreign ministers reaffirmed their backing for the U.S.-Iran agreement following a meeting on Thursday.
Geostrategy
Summer Davos: WEF urges scaling innovation into growth and jobs
Dubai, UAE -- Global political and business leaders called for faster adoption of emerging technologies and closer international cooperation to...
- More than 1,800 leaders from over 90 countries attended the World Economic Forum gathering in Dalian.
- Discussions centred on AI adoption, industrial transformation and translating innovation into measurable economic outcomes.
Geostrategy
Marco Rubio : ‘We’re going to be completely aligned with our partners in the Gulf’
He said that technical talks between the United States and Iran are expected to resume in Switzerland on June 29...
- Oil markets have responded positively to the easing tensions, with Brent crude falling below $75 a barrel this week.
- Natural gas demand will start returning during the third quarter, Gas Exporting Countries Forum Secretary General Philip Mshelbila said.
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OPEC+ agrees fresh August output hike as Gulf oil production slowly recovers
The producer group approved another increase of 188,000 barrels per day for August, signaling confidence that Gulf oil output can...
Geostrategy
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Latest News
Israeli airstrike kills five Palestinians in West Bank
Palestinian medics said an air strike targeting a car in the occupied West Bank killed five people on Thursday, while...
Biden, Kadhemi meeting to focus on US troop withdrawal from Iraq
The White House talks between the two allies come just a week after a deadly attack claimed by the Islamic...
Bomb-laden drones hit Erbil airport in northern Iraq
The attack took place at around 1930 GMT but caused no injuries or major damage Since the start of the...
Iran demands MoU implementation before US talks in Doha
Trump said US envoys were travelling to Qatar for what he described as a "perhaps important, perhaps not" meeting, adding...
Geostrategy
GCC asset management reaches $2.7 trillion as retail growth outpaces institutions
Boston Consulting Group says regional asset managers must strengthen distribution capabilities and technology adoption as industry competition intensifies globally.
Business
US and Iran agree to halt strikes, pursue technical talks: Official
AFP quoted an American official as saying that the technical talks are slated to continue on all areas of the...
Geostrategy
Most Read
Geostrategy
Iran claims retaliation against US as Hezbollah protests Israel-Lebanon agreement
Tehran warned of broader retaliation if attacked again as Washington defended its military action, while unrest spread to Beirut after...
- Hezbollah supporters blocked Beirut roads and burned tyres protesting the US-backed Israel-Lebanon framework agreement announced in Washington.
- Hezbollah was not involved in the negotiations and has previously rejected calls for nationwide disarmament.
Geostrategy
IAEA prepares to inspect Iran nuclear sites as US, Gulf states back Tehran accord
In Israel, Prime Minister Benjamin Netanyahu and Defence Minister Israel Katz said Israeli forces would remain indefinitely in what they...
- Wall Street Journal reported that the Pentagon is reviewing its military posture in the Middle East following recent Iranian strikes on U.S. facilities in the Gulf.
- U.S. Secretary of State Marco Rubio and Gulf Cooperation Council foreign ministers reaffirmed their backing for the U.S.-Iran agreement following a meeting on Thursday.
Geostrategy
Summer Davos: WEF urges scaling innovation into growth and jobs
Dubai, UAE -- Global political and business leaders called for faster adoption of emerging technologies and closer international cooperation to...
- More than 1,800 leaders from over 90 countries attended the World Economic Forum gathering in Dalian.
- Discussions centred on AI adoption, industrial transformation and translating innovation into measurable economic outcomes.