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FORGOTTEN HISTORY: 16 - The Untold Story

Iran's Economic War Targets Gulf Wealth — Global Investors Rethink Risk

Iran's economic war targets banks, data centres and Gulf hubs, forcing investors to rethink risk as Dubai, UAE and Qatar face growing instability.

International Business Times UK

Qatar news: 7-day Eid Al Fitr 2026 holiday announced for public sector employees

Qatar has announced a seven-day Eid Al Fitr holiday for public sector employees, running from March 17 to March 23, 2026. This extended break allows government workers to celebrate the end of Ramadan with family and participate in festivities. The private sector is expected to offer at least three paid…

The Times of India

Beyond the strait: why attacks on Kharg Island could keep oil prices high

Oil could pass 2008 record of $147.50 a barrel as damage and field closures risk compounding supply shock caused by Iran war

The Guardian - UK

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Middle East War Day 16: UAE and other Gulf countries report fresh attacks; Kuwait airport hit

Explosions rocked Dubai as Iran claimed missile and drone strikes on the UAE's Al Dhafra airbase. Kuwait International Airport also reported drone impacts damaging radar, though no injuries occurred. These actions follow Iran's warnings and accusations of UAE ports being used for attacks on its oil facilities, escalating regional tensions.

The Times of India

Big relief for travellers stranded in the Gulf: Air India, Air India Express add 62 extra flights to UAE, Saudi Arabia amid Iran vs US-Israel war

Air India group is adding 62 extra flights to the UAE and Saudi Arabia, boosting India-Gulf connectivity amid regional air route disruptions. This move aims to help thousands of stranded passengers and restore vital travel links for millions of expatriates. The expanded schedule prioritizes key Gulf destinations, offering much-needed relief.

The Times of India

Another fire hits Gulf energy infrastructure: Sharjah petroleum storage blaze ignites security fears amid Iran vs US-Israel war

A fire at a petroleum storage facility in Sharjah's Sajaa Industrial Area was brought under control late Saturday night. Emergency services responded swiftly to contain the blaze, believed to have been triggered by a tank leak. No casualties were reported but the incident highlights regional security concerns surrounding energy infrastructure.

The Times of India

'Peak war panic' will likely hit financial markets in 1-3 weeks, strategist predicts, as Trump says he doesn't want to make a deal with Iran yet

"The end is not in sight. The Strait of Hormuz is effectively closed, and markets are starting to price in a prolonged, uncertain endgame."

Fortune

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Evacuate ports, docks in Dubai, Abu Dhabi, Fujairah: Iran warns; claims 'American hideouts' in UAE emirates 'used' to strike oil hub Kharg Island amid war with US-Israel

Tensions surge as Iran warns residents to evacuate UAE ports, including Dubai and Abu Dhabi, claiming they are used by US forces. This unprecedented threat follows US strikes on Iran's oil hub, escalating fears of a wider regional conflict. The warning highlights the vulnerability of vital economic centers and global…

The Times of India

Force majeure explained: Why Gulf countries are invoking it amid Iran vs US-Israel war

Middle East conflict triggers force majeure declarations from Gulf energy producers like Qatar, Bahrain and Kuwait. Attacks and shipping disruptions in the Strait of Hormuz have halted oil and gas exports, causing global price spikes and supply chain concerns amid Iran vs US-Israel war. This legal clause highlights the immediate…

The Times of India

Yesterday Dubai – tomorrow, who knows? How Iran conflict could change UK travel plans once and for all

Dubai, seen for decades as a safe and serene haven, now finds itself on the Foreign Office no-go – along with Abu Dhabi, just down the road in the UAE, and Doha in Qatar. So what does this mean for the future of tourism in the Gulf? Simon Calder finds…

The Independent UK

Trump's AI czar calls for U.S. to 'get out' of war and warns Iran has a 'dead man's switch' that could render Gulf states almost uninhabitable

"So there's a lot of scenarios here, a lot of really frightening scenarios about where escalation could lead," Sacks said.

Fortune

Middle East crisis Day 15: Iran hits US embassy in Baghdad, UAE oil hub struck as war widens across Gulf

The US-Israel conflict with Iran escalated significantly on its 15th day. Iran targeted the US embassy in Baghdad and a UAE oil hub, while Israel struck Lebanon and Iraq. Debris from intercepted missiles hit Dubai twice. The war now directly impacts diplomatic sites and oil infrastructure across the Gulf, with…

The Times of India

‘Worst nightmare’: anger and frustration as Gulf states bear brunt of war they did not start

Closure of strait of Hormuz puts pressure on region’s economies amid growing resentment about conflict started by US and Israel

The Guardian - UK

Iranian lawmaker says Ukraine's drone support makes it a legitimate war target

Eleven countries have requested Kyiv’s help in countering Shahed-type drones amid the Iran war and Tehran's ongoing attacks against the Gulf states, Ukrainian President Volodymyr Zelenskyy said last week.

Euronews

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International Business Times UK

Trump Says US 'Obliterated' Kharg Island Targets as Iran Threatens Wider Oil Retaliation

Donald Trump says US forces destroyed military targets on Iran's Kharg Island while warning the oil hub could be next. Tehran quickly threatened retaliation against regional energy infrastructure linked to the United States.

The Independent UK

Wealthy Britons fleeing Gulf avoid returning to UK over tax hit

Tax advisers receiving wave of calls from rich British national wanting to leave UAE but trying to swerve big bill

Euronews

'Iran must not be allowed to hold global economy hostage,' UAE minister tells Euronews

In an interview with Euronews, UAE Minister of State Lana Nusseibeh appealed to the world that Iran’s "rogue state behaviour" must not be allowed to hold the global economy hostage.

Radio France Internationale

What are the consequences of war in the Middle East for African countries?

As oil prices soared to more than $100 a barrel this week, what will the economic consequences of the war in the Middle East be for African countries? Which sectors are most at risk? RFI spoke to Guinea-Bissau economist Carlos Lopes, former executive secretary of the United Nations Economic Commission…

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The Independent UK

‘You live in Dubai, aren’t you scared?’ How the UAE ‘safe haven’ tried to spin two weeks of drone strikes

IN FOCUS: Bryony Gooch reports on the jarring contrast between footage of drones hitting the emirate while the Iran war rages, with social media influencers and expats claiming it’s business as usual in Dubai

The Guardian - UK

Wealthy British nationals fleeing Gulf conflict bypass UK to avoid tax bills

High-net-worth residents of UAE heading to Ireland and France to wait out missile attacks before tax year ends

The Independent UK

Can we rely on our airline to get us back safely to the UK?

TRAVEL QUESTIONS: Simon Calder answers your questions on travelling home from Cambodia, cancelled flights from Sri Lanka, choosing between refunds and rebookings, and the ETA rules for dual citizens

The Independent UK

Is Kharg Island Iran’s Achilles Heel? Why Trump has designs on tiny oil hub in the Persian Gulf

IN FOCUS: The island holds 94 per cent of Iran’s oil exports and could choke off the country’s economy for years. Maira Butt and James C. Reynolds report

The Guardian - UK

The escalation trap: how the Iran war could become more costly and complex

Iran’s is trying to create wedges between Gulf states and the US, but Trump is very comfortable on the ‘escalatory ladder’

The Guardian - AU

Ukraine war briefing: War in the Middle East is bad news for Ukraine, says Zelenskyy

Zelenskyy says urgent need for anti-aircraft missiles, which are used in the Gulf to counter Iranian missiles and drones

The Times of India

Dubai news: ‘Evacuate the office?’ Standard Chartered responds to viral rumours in UAE emirate amid Iran vs US-Israel war

Amidst escalating Iran vs US-Israel war, Standard Chartered clarified reports of a Dubai office evacuation, stating it extended existing work-from-home measures as a precaution. The bank emphasised its regional operations remain active. This comes as other financial institutions also implement safety protocols, highlighting Dubai's crucial role as a financial hub…

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