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UNCOVERED: 3 | History Defined

Pipelines and ports: Iran war spurs Gulf infrastructure investment

Gulf nations are investing billions in infrastructure to bypass the Strait of Hormuz. Ports, pipelines, and railways are top priorities as trade routes face disruption. This strategic shift aims to future-proof economies against ongoing geopolitical challenges. New projects are emerging across the UAE and Saudi Arabia. These efforts seek to…

The Economic Times

Six months on, the Iran war has changed the Middle East, but not in the way its architects had hoped

The Iran war has changed the Middle East, but not in the ways that the United States and Israel had hoped

The Independent UK

Iraq opens oil exports beyond Hormuz after months of war, eyes ship-to-ship route off Oman

Iraq now allows crude oil collection outside the Persian Gulf for buyers. This move comes as exports continue through the Strait of Hormuz despite disruptions. Iraq's state oil marketer is offering specific crude grades via ship-to-ship transfer. This shift follows previous steep discounts offered to entice buyers. The country aims…

The Economic Times

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BPCL explores buying Gulf oil on FOB basis, lifts Iraqi oil

Bharat Petroleum Corp expects its first Iraqi oil cargo soon and seeks more Gulf oil. The company is willing to lift oil from inside the Strait of Hormuz. New US legislation could impact India's major Russian oil and gas purchases. Russia currently supplies a significant portion of India's oil needs.…

The Economic Times

After six months, the Iran war has reached its endgame, a costly stalemate

The Iran war has reached a costly stalemate after six months of conflict. The Iranian government faces economic siege but believes it has time on its side. Tehran is betting that China and India will not fully comply with US sanctions. Washington's latest measures shift the battlefield to Iran's oil…

The Economic Times

Six Months of Conflict: How the Iran war has reshaped global markets

As global financial markets navigate the aftermath of recent conflicts, the mixed responses are evident. Energy prices have surged sharply, reflecting immediate fallout, while artificial intelligence investments have buoyed global equities amid geopolitical turbulence. However, the traditional appeal of safe-haven assets like Treasuries and gold appears diminished, as Gulf economies…

The Economic Times

In 2018, Florida opened America’s first permanent underwater sculpture garden 58 feet below the Gulf; it has grown into a living reef where more than 100 species have been documented

Imagine you are diving under the Gulf of Mexico and come upon what looks like a museum, only instead of galleries and polished floors, there is an unreal world of sculptures, tropical fish and drifting sea life. Florida's Underwater Museum of Art has turned the ocean floor into a gallery…

The Times of India

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'No other option': Gulf expats hunker down between bouts of war

Foreign workers are largely staying in Gulf countries despite six months of conflict, choosing higher, tax-free salaries over weaker prospects back home. Some have sent families home for safety while continuing to work, highlighting the economic dependence of millions of expatriates on Gulf jobs.

The Economic Times

Why Dubai has become a city of retail traders

In this week’s Fortune Gulf Brief.

Fortune

Some Indian refiners, a global energy major plan to avoid Iran-blacklisted ships amid Hormuz risk

Indian refiners and a global energy major will avoid Iran's blacklisted ships. This decision stems from security concerns over vessels crossing the Strait of Hormuz. Iran announced a blacklist of 45 ships for breaking its maritime rules. These actions escalate threats over the vital waterway for global energy supplies. The…

The Economic Times

Iran faces strait of Hormuz paradox as strategic value of chokehold erodes

Internal calls to end war get louder as Gulf neighbours plan alternative pipelines to cut reliance on waterway

The Guardian - UK

India pivots to US for LPG, LNG as West Asia crisis disrupts Gulf supplies

India is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG accounted for over 73% of India’s LPG imports in August, while US LNG volumes also rose. Russia remains India’s largest crude supplier, while Venezuela and the UAE gain…

The Economic Times

Six months on, Hormuz remains disrupted as ships stay away

Six months after conflict began, Strait of Hormuz shipping remains significantly reduced. Commercial traffic operates at a fraction of pre-war levels, impacting global energy supplies. Thousands of seafarers are stranded in the Gulf due to ongoing hostilities. Alternative shipping routes are now being used, increasing safety concerns for vessels. The…

The Economic Times

Six months into Iran war, Hormuz traffic way down, sailors stranded

PARIS (FRANCE) - Six months since the start of the Middle East war, the strategic Strait of Hormuz remains largely paralysed, with thousands of sailors still stranded in the Gulf and commodity carrier traffic way below its normal level.

Bangkok Post

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France 24

Saudi Arabia to invest €6 billion in theme parks near Paris, Macron says

France and Saudi Arabia on Monday signed an agreement for the oil-rich Gulf kingdom to invest €6 billion to create three amusement parks near Paris, including one likely to be a manga-themed park, the French presidential office said. The announcement came during Saudi Crown Prince Mohammed bin Salman's visit focused…

The Economic Times

Iran threatens 45 tankers with fines, confiscation in Hormuz escalation

Iran has blacklisted forty-five tankers for violating its Strait of Hormuz transit rules. The Persian Gulf Strait Authority announced these vessels face fines and confiscation. This action escalates threats over the key waterway six months into the ongoing conflict. Any ships transferring cargo with these blacklisted vessels will also face…

The Economic Times

India, Gulf bloc discuss next steps on free trade agreement

India and the Gulf Cooperation Council reviewed free trade agreement negotiations in Riyadh. Discussions focused on strengthening bilateral relations and regional developments. Both sides affirmed the importance of continued coordination for stability. The GCC is India's largest trading partner bloc by far. Bilateral trade reached USD 178.56 billion in 2024-25.

The Times of India

‘Entering endgame’: US turns to ‘economic D-Day’ against Iran; Tehran raises Gulf oil blockade threat

The United States is gearing up for an extensive financial campaign aimed at Iran, introducing new sanctions against nations and companies engaging in trade with Tehran. In response, Iran has signaled a potential halt to oil exports from the Persian Gulf. Meanwhile, China has resisted US influence and advocates for…

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International Business Times UK

Doctor Food Arrested After Narcotics Allegedly Found in Branded Sweets Bound for a Gulf Country

Doctor Food, was arrested in Aakkar after a month-long investigation. Authorities previously alleged narcotics were hidden in products made at factories he owned and destined for a Gulf country.

The Times of India

Trump’s ‘D-Day’ economic war on Iran: Why Gulf states are most worried

US President Donald Trump is preparing to take his campaign against Iran into a new phase, with Washington threatening tougher sanctions and economic isolation in a bid to force Tehran into accepting a deal. But the strategy carries a major risk for the Gulf: Iran could respond not by capitulating,…

Radio France Internationale

Saudi crown prince heads to France as Paris seeks closer Gulf ties

French President Emmanuel Macron will host Saudi Crown Prince Mohammed bin Salman on Sunday for a two-day official visit, as Paris looks to deepen ties with Riyadh against a backdrop of war in the Middle East.

The Independent UK

Iran-US war latest: Trump’s ‘economic D-Day’ arrives as Tehran threatens ‘earthquake-like’ retaliation

Iran’s new security chief warns Gulf neighbours they will be treated as ‘enemies’ if they join Trump’s economic war

The Independent UK

Iranian military leader cautions Gulf neighbors against joining Trump’s ‘economic D-Day’

IN FULL

The Economic Times

Trump’s economic isolation plan risks Iran strikes across Gulf

Trump is betting that tighter sanctions, a naval blockade and broader economic pressure can push Iran into accepting a US-backed deal after military strikes failed to force Tehran’s capitulation.

The Economic Times

Iran vows 'devastating' response as US threatens toughest ever economic hit

Iran warns of devastating retaliation against new United States sanctions. United States Treasury chief Scott Bessent plans the toughest financial penalties ever. These measures aim to collapse the Iranian leadership and its regime. Oil prices steadied amid concerns over Gulf energy exports and shipping. China stated that sanctions and pressure…

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