INSEAD Day 4 - 728x90

Geostrategy

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Attack on Iranian vessel in Hormuz leaves one dead, 3 injured

Tehran blamed "American enemy" for the attack, which came a day before a meeting between Iran and Gulf states in Oman...
  • Houthis claimed a missile and drone strike on a Saudi military base, while Tehran sought to distance itself from the group’s actions.
  • Houthi military spokesman Yahya Saree said the group used ballistic missiles and drones to target a military base in Sharurah, southern Saudi Arabia.

Houthis take control of key Bab el-Mandab island

A drone attack originating from Iraq leads to the closure of Saudi Arabia's key oil pipeline, prompting Baghdad to order...
  • US forces have redirected 99 commercial vessels as Washington tightens its naval blockade of Iran amid continuing attacks on shipping.
  • US President Donald Trump said the war with Iran would end “very soon”.

Israeli strike in southern Lebanon triggers 4.1 magnitude tremor

An Israeli strike on an alleged Hezbollah tunnel complex in southern Lebanon triggered a 4.1 magnitude tremor, after one of...
  • Israel says the underground complex contained Iranian-made rockets, missiles, drones and weapons as tensions rise along the Lebanon-Israel border.
  • Israeli forces continue to occupy a so-called security zone in southern Lebanon, while Beirut authorities say Israeli strikes have killed more than 4,300 people since March.

IRGC targets US sea drone as Hormuz traffic falls to single digits

The claim came a day after Iran said it had captured an unmanned US submarine drone, while the US military...
  • Trump says he would repeat his decision to wage war, while Gulf states prepare for talks with Iran over a temporary shipping arrangement.
  • Iran’s attacks have also caused material damage to US aircraft at Jordan’s Muwaffaq Salti Air Base, according to a US official cited by Reuters.

Projectiles hit Iran’s Sirik, Minab, Qeshm Island as oil crosses $100 a barrel

Trump, meanwhile, says he expected the war to end “immediately after” the US midterm elections in November, alleging that Iran...
  • Explosions and reported projectile strikes hit Sirik as Iran-US attacks escalate, pushing oil above $100 and raising Hormuz risks.
  • Iran's UN envoy, Gholamhossein Darzi, condemned new US sanctions targeting the Iranian aviation sector, calling them “economic terrorism”

Four Palestinians killed as pressure mounts over West Bank settlements

The UK and 11 other countries have announced support for trade sanctions targeting Israeli settlements in the occupied West Bank....
  • The latest deaths in Nablus, Qalqilya and Tulkarem brought the Palestinian Health Ministry’s West Bank toll this year to 100.
  • US Secretary of State Marco Rubio stopped short of condemning Britain's decision to impose sanctions on illegal Israeli settlements.

US and Iran exchange attacks on oil tankers, warships as oil heads to $100

The US military said it destroyed five Iranian crude oil carriers after Iran’s Islamic Revolutionary Guard Corps (IRGC) launched ballistic...
  • Jordan intercepted most Iranian missiles targeting its territory, while Tehran claimed further strikes against American vessels and tankers in Hormuz.
  • Washington expanded pressure on Tehran with new airline sanctions as shipping disruptions threatened to deepen energy-market uncertainty across the region.

Houthi attacks on Saudi Arabian cities wounds dozens of civilians, including children

Major-General Turki al-Maliki, the spokesman for the Saudi-led coalition fighting in Yemen, said in a statement that the Houthi attacks...
  • Iran has threatened to impose further restrictions around the Gulf and the Strait of Hormuz in response to US economic sanctions.
  • Baghdad is seeking alternative oil routes, while Yemen’s war intensifies and Israel’s attacks in Lebanon add pressure across the region.

Tehran to announce new Hormuz shipping route in coming days

The announcement comes after Iran signed an agreement with Oman, as shipping traffic plunges, oil prices rise and regional governments...
  • The temporary corridor would be 11.3km wide, with its entry and part of its exit through Iranian territorial waters.
  • Hormuz traffic fell to a daily average of 10 commodity ships, while a Saudi tanker turned back Sunday.

Vance rules out talks as Tehran warns of ‘multi-layered’ response to US attacks

US Treasury Secretary Scott Bessent said the European Union had officially joined Washington’s economic pressure campaign against Iran, which he...
  • Tehran vows a layered response to US strikes, while its petroleum minister says exports continue despite Washington’s blockade.
  • Seoul weighs military support for Hormuz navigation as European pressure grows and crude prices post sharp weekly gains.

Iran war cost Arab economies $150bn in the first month alone, UN official says

Meanwhile, Trump says: “Do I want to go in and annihilate them, or do I not? It’s a big decision....

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...

Israeli strike in southern Lebanon triggers 4.1 magnitude tremor

An Israeli strike on an alleged Hezbollah tunnel complex in southern Lebanon triggered a 4.1 magnitude tremor, after one of...

IRGC targets US sea drone as Hormuz traffic falls to single digits

The claim came a day after Iran said it had captured an unmanned US submarine drone, while the US military...

Projectiles hit Iran’s Sirik, Minab, Qeshm Island as oil crosses $100 a barrel

Trump, meanwhile, says he expected the war to end “immediately after” the US midterm elections in November, alleging that Iran...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

US and Iran exchange attacks on oil tankers, warships as oil heads to $100

The US military said it destroyed five Iranian crude oil carriers after Iran’s Islamic Revolutionary Guard Corps (IRGC) launched ballistic...
  • Jordan intercepted most Iranian missiles targeting its territory, while Tehran claimed further strikes against American vessels and tankers in Hormuz.
  • Washington expanded pressure on Tehran with new airline sanctions as shipping disruptions threatened to deepen energy-market uncertainty across the region.

Houthi attacks on Saudi Arabian cities wounds dozens of civilians, including children

Major-General Turki al-Maliki, the spokesman for the Saudi-led coalition fighting in Yemen, said in a statement that the Houthi attacks...
  • Iran has threatened to impose further restrictions around the Gulf and the Strait of Hormuz in response to US economic sanctions.
  • Baghdad is seeking alternative oil routes, while Yemen’s war intensifies and Israel’s attacks in Lebanon add pressure across the region.

Tehran to announce new Hormuz shipping route in coming days

The announcement comes after Iran signed an agreement with Oman, as shipping traffic plunges, oil prices rise and regional governments...
  • The temporary corridor would be 11.3km wide, with its entry and part of its exit through Iranian territorial waters.
  • Hormuz traffic fell to a daily average of 10 commodity ships, while a Saudi tanker turned back Sunday.