US warns of ‘never seen before’ sanctions against Iran as Hormuz impasse continues
US Treasury Secretary Scott Bessent said the sanctions "will be a combination of economic isolation like the world has never...
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Houthis resume Red Sea attacks as Trump says US relying on economic pressure
Trump said Iran is in “very bad shape” financially, citing high inflation and difficulty paying its own troops. He credited...
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MENA Brief | June 18: Oil calms after Trump’s threat rattles markets; UAE-Iran calls, Riyadh Air signs big Rolls-Royce deal
Oil prices steadied Wednesday after Trump’s demand for Iran’s ‘unconditional surrender’ roiled markets and revived supply fears, as regional diplomacy...
- Oil surged over 4% Tuesday amid fears of US strikes on Iran after Trump’s comments but stabilised slightly Wednesday
- Analysts warn Iran could block the vital shipping lane if tensions escalate further; US refuelling jets reportedly en route to the region
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Oil stabilises after surge, stocks drop as Middle East crisis fuels jitters
Of particular concern is the possibility of Iran shutting off the Strait of Hormuz, through which around an estimated fifth...
- Iran and Israel exchanged missiles for a sixth day, with the US president's latest comments appearing to dent hopes that the crisis in the Middle East could be calmed
- Of particular concern is the possibility of Iran shutting off the Strait of Hormuz, through which an fifth of global oil supply traverses, according to the Commerzbank note
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Iran says hypersonic missiles fired at Israel as Trump demands ‘unconditional surrender’
Despite international alarm, neither side has backed off from the long-range blitz that began Friday, when Israel launched an unprecedented...
- The US president insists Washington has played no part in ally Israel's bombing campaign, but also warned Iran his patience is wearing thin as the conflict enters a sixth day
- Israeli warplanes targeted the Iranian capital before dawn Wednesday after the military issued a warning on social media for civilians in an area known as District 18 to evacuate
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Israeli army kills 53 Palestinians and injures 200 others near Gaza aid site
"Israeli drones fired at the citizens. Some minutes later, Israeli tanks fired several shells at the citizens, which led to...
- Bassal said that four additional people were killed by Israeli fire Tuesday near the southern Gaza city of Rafah.
- In early March, Israel imposed a total aid blockade on the Gaza Strip amid an impasse in truce negotiations, only partially easing restrictions in late May.
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Trump says wants ‘real end’ to Israel-Iran conflict, not ceasefire
Trump said that he wanted a "complete give-up" by Iran in return for peace, without elaborating on the outcome he...
- On Tuesday, long queues stretched outside bakeries and petrol stations as the remaining residents rushed to stock up on fuel and basic supplies.
- Security checkpoints have been set up across Tehran, adding to the atmosphere of tension as authorities monitor movement in and out of key districts.
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MENA brief Jun 17: ADNOC Drilling appoints new CEO, Riyadh up in startup ranking
The DMCC Crypto Centre welcomed Bitcoin.com, which is setting up its first MENA office in Dubai. The Arab Coordination Group...
- Bahrain’s Central Bank reported a 188% oversubscription of its BD 70 million Treasury Bills, reflecting sustained investor confidence.
- In aviation, AviLease, the Saudi aircraft lessor, placed an order for up to 77 Airbus aircraft, including A320neo and A350F models.
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China’s Xi in Kazakhstan to cement Central Asia ties
Astana, Kazakhstan - Chinese President Xi Jinping will meet Central Asian leaders at a summit in Kazakhstan on Tuesday, his...
- The summit in the Kazakh capital brings together Xi - who arrived in Astana on Monday - and the leaders of Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan and Turkmenistan
- Under Russia's orbit until the fall of the Soviet Union in 1991, the five countries of Central Asia have courted interest from major powers including China and the United States
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Israel, Iran trade missile fire as Trump warns Tehran to ‘evacuate’
The United States and Iran had engaged in several rounds of indirect talks on Tehran's nuclear programme in recent weeks,...
- Despite growing calls for the longtime foes to end hostilities, neither Israel nor Iran showed any signs of cutting short the missile blitz kicked off Friday
- The Chinese embassy in Tel Aviv warned its citizens to leave the country immediately, as the United States said it was deploying "additional capabilities" to the Middle East
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G7 urges Iran de-escalation as Trump makes hasty summit exit as ally Israel pounds Iran
The G7 statement said that Israel "has a right to defend itself" and stressed "the importance of the protection of...
- After a day of statements backing diplomacy, Trump ominously took to social media to sound a warning to the people of the Iranian capital Tehran
- But after hesitating at backing a joint statement on the crisis, Trump relented during a dinner at the forested lodge under the snow-capped mountains in Kananaskis
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Day 4: Tehran residents flee Israeli attacks as casualties mount
Images verified by AFP, shot by a social media user from an overpass, showed near immobile traffic on a Tehran...
- Iran's health ministry says at least 224 people have been killed and more than 1,200 wounded.
- Iran foreign ministry spokesman Esmaeil Baqaei called the strike on state TV a "war crime".
US warns of ‘never seen before’ sanctions against Iran as Hormuz impasse continues
US Treasury Secretary Scott Bessent said the sanctions "will be a combination of economic isolation like the world has never...
Geostrategy
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US to work with current Venezuela leaders if they make ‘right decision:’ Rubio
The United States is ready to work with Venezuela's remaining leaders if they make "the right decision," Secretary of State...
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The US and Venezuela’s vast oil reserves: key questions amid sanctions, geopolitics and energy
After a US military operation that seized Nicolas Maduro, President Donald Trump said he wants to allow American oil companies...
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At least 80 Yemeni separatists killed in fighting, strikes since Friday
At least 152 members of the UAE-backed STC forces were wounded and 130 were taken captive, a military official from...
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Bondi shooting responders honoured at Sydney Ashes Test
Sydney, Australia -- England and Australia's cricket teams honoured at the fifth Ashes Test in Sydney on Sunday emergency service...
- The on-field guard of honour ahead of the clash was accompanied by loud applause from the sold-out crowd.
- The biggest cheer came when hero Ahmed al Ahmed, who ran towards one of the attackers and wrestled the gun from him, walked out.
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Iran’s protests: What we know
Iran has been rocked this week by protests that started in Tehran and have spread to other cities, with at...
- The protests began on Sunday in Tehran, where some shopkeepers went on strike over high prices and economic stagnation
- Iran's economy has been battered by years of crushing international sanctions over its nuclear programme, with raging inflation and a collapsing currency
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Yemen separatists announce two-year transition towards independence in south
Yemen's UAE-backed separatists on Friday announced the start of a two-year transitional period towards declaring an independent state after their...
- The Southern Transitional Council (STC), whose forces came under fire from deadly Saudi-led coalition airstrikes on Friday, said the process would include dialogue and a referendum
- SCT forces seized large swathes of Yemen's south, run by a fractious government with competing agendas, in a lightning and largely unopposed offensive last month