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BIZARRE: 7 - You Need To See This

How Iran is widening its pressure campaign to force US concessions

Iran is pursuing a strategy of calibrated escalation to raise the economic and strategic costs for the US and its allies by threatening the Strait of Hormuz, key shipping lanes and energy infrastructure. Analysts say Tehran aims to strengthen its negotiating position, expand regional influence and force concessions without triggering…

The Economic Times

China's WeRide enters Denmark, extending European footprint

Europe has emerged as a key growth market for ‌China's autonomous driving ⁠companies, ⁠following an earlier push into the Gulf region, as they seek to commercialise their technology beyond their home market amid intensifying competition and regulatory scrutiny.

The Economic Times

Trump says Gulf leaders' input weighed heavily in decision to hold off new Iran strikes

US President Trump opted against launching new strikes on Iran after receiving counsel from Gulf allies, advocating for diplomatic solutions instead. While plans for a significant operation were prepared for Sunday, Saudi Crown Prince Mohammed bin Salman cautioned against such action, emphasizing the pursuit of a diplomatic deal.

The Economic Times

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Trump's closest Gulf allies are frustrated with his Iran war strategy: Report

Gulf nations are frustrated by the lack of a clear US strategy against Iran, fearing further strikes on their energy facilities. While the UAE favours military escalation, Saudi Arabia and Qatar are pushing for diplomatic solutions to secure a ceasefire and reopen the critical Strait of Hormuz, a key oil…

The Economic Times

'We'll see how it goes': Trump says Iran talks to begin Monday after halting planned strikes

US President Donald Trump announced negotiations with Iran would begin Monday. Diplomatic efforts involving Gulf nations prompted the halt of planned US military strikes. Mediators are working to revive an understanding regarding the Strait of Hormuz. Trump expressed hope for a negotiated settlement on denuclearisation and the waterway. Iranian officials,…

The Times of India

OPEC+ Agrees To Boost Oil Output. It May Not Reflect In Market Soon.

Export disruptions from the Gulf, Russia and Kazakhstan due to geopolitical conflicts meant that successive OPEC+ have remained largely on paper, causing little impact on the market. Major oil producers in the Gulf have not been able to increase exports due to the closure of Hormuz enforced by Iran.

International Business Times

IndiGo's next flight plan: Airline targets bigger global push, diaspora traffic through India

IndiGo marks twenty years by planning a significant international expansion. The airline will induct new aircraft to connect the global Indian diaspora. IndiGo aims to recapture international traffic currently flowing through Gulf hubs. This strategic move will also connect passengers between foreign countries via India. The airline is also focusing…

The Economic Times

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OPEC+ tipped to raise oil output as Middle East war disrupts supplies

OPEC+ members are expected to increase oil production quotas for September. This move follows several months of similar production adjustments by the group. Many members face production capacity declines, making target increases less meaningful. Gulf countries struggle with exports due to Strait of Hormuz disruptions. Russia's oil infrastructure has also…

The Economic Times

Laura Loomer, Lindsey Graham and the deepening Iran crisis: what’s behind Trump’s reset with Zelenskyy?

The US administration has struck a warmer tone of late as Ukraine has shown its value as an ally in the Middle East

The Guardian - US

Two reported attacks on tankers near Strait of Hormuz

The Strait of Hormuz, which connects the Persian Gulf with the Gulf of Oman and the Arabian Sea, is one of the world's most crucial oil and gas transit chokepoints, carrying roughly a quarter of the global seaborne oil trade.

Euronews

Caribbean and Gulf of Mexico beaches swathed in record levels of seaweed

Swaths of sargassum are blanketing the Caribbean and Gulf of Mexico, suffocating shorelines and snuffing out marine life while spooking visitors in areas that depend heavily on tourism

The Independent UK

Trump says Iran attacks could continue for weeks: ‘We just want to win’

President Donald Trump has signaled that attacks on Iran could continue for weeks, further diminishing hopes for a quick deal to end the conflict. At a Cabinet meeting at Camp David on Friday, Trump was asked how the US can revive the ceasefire after relentless attacks by both sides over…

The Independent UK

China Helps Iran

Plus: Baby bust affects college enrollment, migrants flood into Spain, I'm writing a book, and more...

Reason

Oil Price Today (July 31): Crude oil extends fall to $88. What’s behind the decline amid Iran war?

Saudi Arabia is seeking to spearhead a coalition to enhance defense cooperation in the Bab El-Mandeb Strait, the Red Sea and the Gulf of Aden. The Saudi defense ministry said 14 countries, including Turkey, Pakistan, Egypt, Sudan and Djibouti, had issued a joint statement backing the proposed maritime security alliance.

The Economic Times

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International Business Times

Qatar Turned To U.S. Gas As Hormuz Closed. Emergency LNG Purchases Reached About $1 Billion

QatarEnergy's emergency purchases highlight how geopolitical conflict is reshaping global LNG trade, with U.S. exporters stepping in as buyers seek alternative supplies during one of the biggest disruptions to Gulf energy flows in years.

France 24

Pakistan says US-Iran talks still alive despite fresh wave of US strikes

The renewed fighting has widened fears of a broader regional conflict, with Egypt hit for the first time and Gulf states scrambling to secure key shipping routes.

The Independent UK

Mapped: All of the countries dragged into Trump’s war in Iran

IN FOCUS: The war has spread across the Middle East, with unprecedented disruption to global oil supplies and Gulf states being targeted by Tehran. Maira Butt looks at how the war has dragged in countries on several continents

The Economic Times

India bonds slip on Fed uncertainty, war worries

On Thursday, Indian government bonds faced a decline for the third consecutive day. The rise in U.S. Treasury yields dampened enthusiasm for Indian debt instruments, while escalating geopolitical tensions from the Gulf region further affected market dynamics. Additionally, concerns about the Federal Reserve's ambiguous interest rate plans placed additional strain…

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The Economic Times

Can China restrain Iran? Gulf states test Beijing's influence

Gulf Arab states are seeking China's economic influence over Iran to secure vital shipping lanes. They are frustrated with Washington's perceived limits of power in the escalating regional conflict. China's role as a major trading partner presents both opportunities and sensitivities for Beijing. Beijing is cautiously engaging in diplomacy to…

The Economic Times

Copper slips ahead of Fed rate decision, aluminium rises on Gulf fighting

Copper prices faced a downturn due to cautious trading leading up to the Federal Reserve's imminent interest rate decision. The easing of supply constraints in China added further downward pressure on both copper and zinc. Conversely, aluminium experienced an uptick as escalating conflicts in the Middle East raised supply concerns.

Euronews

Iraq eyes supplying Turkey with 1 million oil barrels a day amid Hormuz crisis

Iraqi Prime Minister Ali Zeydi visited Ankara for his first talks with Erdoğan since taking office, offering to supply Turkey with 1 million barrels of oil per day as Ankara seeks to reduce its dependence on disrupted Gulf routes.

The Economic Times

Euro zone bond rally ends as oil surge, Fed decision weigh on investors

European bond markets have largely tracked developments in the Gulf conflict since hostilities began in late February, with movements in energy prices playing a key role in shaping investor sentiment. Market participants are closely monitoring whether a sustained rise in oil prices could fuel broader inflation pressures and prompt central…

The Economic Times

India bonds tiptoe along ahead of Fed meet; oil prices weigh

Indian government bonds traded range-bound early Wednesday as investors awaited the Fed's rate decision. Oil prices climbed, reviving concerns about the Gulf conflict and global economic impact. The Reserve Bank of India's policy decision is due next week, with rates expected to remain unchanged. India's financial conditions have tightened recently…

The Independent UK

Hormuz Strait closure could fuel unprecedented spread of invasive species in Gulf region, scientists warn

Such organisms may act as ‘reservoirs and vectors’ for marine parasites and pathogens, study warns

The Guardian - UK

Ships stuck in strait of Hormuz pose ‘super-spreader’ biodiversity threat, scientists warn

Biologists say cargo ships stranded in Gulf may carry highly potent invasive species around the world as trade resumes

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