Search Site

Trends banner

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Iran Guards say released seized Vietnamese tanker

Iran Guards say released seized Vietnamese tanker. AFP
  • Tanker had been seized last month in the Sea of Oman in a tense incident also involving the US Navy
  • While Iran's Guards claimed they thwarted an attempt by the US ship to seize the MV Sothys carrying Iranian oil, US rejected that account

Iran’s Revolutionary Guards said Wednesday they had released a Vietnamese-flagged oil tanker they seized last month in the Sea of Oman in a tense incident also involving the US Navy.

While Iran’s Guards claimed they thwarted an attempt by the US ship to seize the MV Sothys carrying Iranian oil, US defence officials rejected that account and said that Iran seized the tanker and took it into its territorial waters.

“The seized Sothys oil tanker was released by court order after it was emptied of oil belonging to the Islamic Republic of Iran in Bandar Abbas,” said Sepah News, the official website of the Revolutionary Guards.