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

Iran war puts fresh pressure on oil flows, shipping as Tehran asks UN to intervene

Renewed US-Iran hostilities are disrupting energy flows, restricting Strait of Hormuz shipping and intensifying economic pressure as Tehran warns against...
  • Asian refined-fuel imports fell sharply in August as Gulf supplies remained constrained by vessel shortages and disruptions around Hormuz.
  • Iran urged the UN Security Council to act after a US strike on Larak Island killed and wounded people.

Iran strikes US bases in Jordan, UAE after attack on Larak Island

Tehran says its attacks avenged deaths of IRGC personnel and civilians in the US strike on Larak Island. Jordan intercepted...
  • Iran’s army also said it launched dozens of drones at the Al Minhad airbase in the UAE, targeting locations where US forces and helicopters were stationed.
  • Jordan hosts about 4,000 US personnel at the Azraq and King Hussein airbases, alongside drones, fighter jets and Patriot air defences.

Qatar PM heads to Tehran as regional diplomacy intensifies

US President Donald Trump said on Wednesday that he was in “no hurry” to resume talks with Iran, arguing that...
  • Oman and Pakistan have also stepped up mediation efforts as concerns grow that renewed fighting could spread across the region and damage global markets.
  • Qatar’s Foreign Ministry said Sheikh Mohammed would discuss the need for the waterway to return to the status quo that existed before February 28.

Iran says Hormuz remains closed despite transit agreement with Oman

US president Donald Trump, meanwhile, says that all mines have been cleared from the waterway's international waters and that Tehran...
  • Shipping data shows traffic through the Strait of Hormuz held steady at five commodity vessels on Tuesday, well below average.
  • On Monday, US Treasury Secretary Scott Bessent announced a sweeping economic pressure campaign against Iran.

Iran says Hormuz remains closed despite transit agreement with Oman

US president Donald Trump, meanwhile, says that all mines have been cleared from the waterway's international waters and that Tehran...
  • Shipping data shows traffic through the Strait of Hormuz held steady at five commodity vessels on Tuesday, well below average.
  • On Monday, US Treasury Secretary Scott Bessent announced a sweeping economic pressure campaign against Iran.

Iran dismisses new US sanctions threat as ‘same movie’ amid escalating economic war

Araghchi’s comments came as Washington signalled that its next round of measures would go beyond targeting Iran itself, potentially placing...
  • Iran’s security chief Mohsen Rezaei warns Tehran could halt Gulf oil exports, calling countries supporting US sanctions hostile to Iran.
  • Oman’s foreign minister will visit Tehran as both sides seek dialogue over regional stability and the strategically vital Strait of Hormuz.

Iran warns states joining US sanctions would be deemed ‘enemies’

Tehran says Washington’s campaign could deepen nuclear insecurity, while Trump renews his claim over the Strait of Hormuz.
  • Macron and Saudi Crown Prince Mohammed bin Salman are set to discuss regional stability, energy and strategic cooperation in Paris.
  • Six European governments are pushing an EU-wide windfall tax on oil companies, citing soaring refining margins and living costs.

Iran calls new US sanctions ‘declaration of war’ against all countries

US president Donald Trump, meanwhile, says he views the Strait of Hormuz as 'an American territory' and Iran 'cannot be...
  • Tanker traffic at Saudi Arabia’s Yanbu port has fallen by more than a third since Yemen’s Houthis announced a blockade of Saudi vessels through the Bab al-Mandeb.
  • Georgia has declined to join the latest European Union sanctions against Iran, saying its international political decisions are guided exclusively by national interests.

Hormuz ship crossings halve as Iran war disrupts energy flows

No very large crude carriers or liquefied natural gas tankers were among the vessels recorded. One very large gas carrier...
  • Only Hormuz crossings halved to seven commodity ships as shipping risks intensified and US-Iran peace talks remained stalled.
  • Brent was headed for a second weekly rise, gaining more than seven percent over five sessions amid supply disruptions.

Trump warns countries helping Iran of ‘tremendous economic consequences’

Tehran dismissed Washington’s latest pressure campaign as a diversion from US economic troubles as shipping through Hormuz remained severely restricted.
  • Trump did not identify specific countries or measures, but warned businesses, banks, airports and governments could face major economic penalties.
  • Iranian Foreign Minister Abbas Araqchi said further pressure would fail, as Washington and Tehran remained deadlocked over the strait.

Pezeshkian says Iran won’t surrender, but remains open to negotiations

Speaking at the United Nations General Assembly in New York, Pezeshkian delivered a defiant response a day after US President...

Latest News

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 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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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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.