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EXPLAINED: 8 - The Real Truth

Oman presents Iran with Gulf-backed plan to ease Strait of Hormuz tensions

Oman has presented Iran with a Gulf-backed proposal to jointly manage the Strait of Hormuz, including a system of voluntary fees for ships using the strategic waterway, according to a Gulf source and a Western diplomat. The plan aims to provide a framework for restoring stable shipping through the strait…

France 24

Oman Pitches Iran Voluntary Fee Plan for Hormuz Ships Modelled on Malacca Strait System

Oman suggests voluntary fees for ships using the Strait of Hormuz, aiming to ease tensions and stabilise oil markets. The proposal mirrors the Malacca model, but Iran's agreement is crucial.

International Business Times UK

Iran Wants To Charge Fees For Passage Through The Hormuz Strait. Some Gulf Countries Back a Voluntary Scheme

Gulf states have backed a proposal that would allow Iran to charge fees to vessels going through the Strait of Hormuz if the payments are made voluntarily.

International Business Times

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War? What war? Aluminium's Gulf disruption premium vanishes

Despite the Iran conflict disrupting more than 2 million metric tons of aluminium supply, prices have retreated to pre-war levels as markets bet that higher exports from China and Indonesia will offset Gulf production losses. However, rising physical premiums in Europe and Japan suggest supply concerns remain unresolved.

The Economic Times

India's January to June rice exports climb 5% as non-basmati shipments rise, sources say

India's rice exports grew five percent in early 2026, driven by non-basmati shipments. Higher demand from African nations boosted non-basmati rice exports significantly. Basmati rice exports saw a decline due to trade disruptions with Gulf markets. Corn exports surged four hundred percent, and wheat exports also increased substantially. These export…

The Economic Times

Jeff Zucker sees the UAE as key to his new $8 billion entertainment empire

The $8B Banijay-All3Media merger has created a global media and entertainment powerhouse—and Jeff Zucker believes the Gulf has a starring role to play.

Fortune

'The UAE has been a fantastic investor': Jeff Zucker hails UAE partnership after Banijay merger

In this week’s Fortune Gulf Brief.

Fortune

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In 1964, Florida began building a canal across the state. The $110 million project failed but created an unexpected legacy

Across central Florida, long stretches of forest, quiet waterways and walking trails follow a route that was never supposed to look this way. Beneath the trees lie the remains of one of the state's most ambitious engineering schemes, a canal that was intended to cut directly across the peninsula and…

The Times of India

LVMH sales rise as US luxury demand offsets Europe slowdown, Iran War impact

Luxury giant LVMH saw quarterly sales increase, boosted by strong United States demand. This growth helped offset weaker spending in Europe and the Gulf region. The fashion and leather goods division posted its first quarterly increase in two years. However, overall results may not fully reassure investors about the sector's…

The Economic Times

Iran halts retaliatory strikes as US gives diplomacy 'more room'

Iran and the United States have paused their attacks, offering Gulf shipping and global oil markets a respite after weeks of escalating strikes around the Strait of Hormuz.

Radio France Internationale

Three Indians died every week in Gulf workplace accidents between 2023 & 2025, MEA data shows

MEA data shows more than 800 Indian nationals died in workplace accidents overseas between 2023 and 2025, with 55% of the fatalities occurring in Gulf countries. Worker groups cite poor safety practices, delayed wages and harsh working conditions, while the government says support mechanisms are available through Indian missions abroad.

The Economic Times

Iran halts strikes as Trump gives space to talks

TEHRAN - Iran and the United States held their fire Sunday, handing Gulf shipping and the oil industry a respite from missile strikes as Donald Trump's UN envoy said the president was "giving talks some space".

Bangkok Post

Bernie Sanders Calls Gulf Monarchs 'Billionaire Dictators,' Says They're Trump's 'Best Friends'

Sen. Bernie Sanders (I-Vt.) criticized President Donald Trump’s relationships with Gulf monarchies, arguing the administration has embraced some of the world’s wealthiest ruling families despite their authoritarian systems.

Benzinga

Zelenskyy says Russia supplied satellite intelligence that aided Iran's Gulf attacks

Ukrainian president Volodymyr Zelenskyy on Saturday accused Russia of supplying satellite intelligence to Iran to support strikes on US military bases and Gulf state facilities.

The Times of India

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The Economic Times

Zelenskyy claims Russia providing satellite intel on US bases and Gulf states to Iran

Ukrainian President Zelenskyy stated Russia provides satellite intelligence to Iran for strikes. He also revealed Russia prepares to house thirty thousand North Korean troops. This partnership poses a significant global security threat beyond Europe. Russia's actions also target agricultural infrastructure and grain production facilities. Zelenskyy urged unified international action to…

Radio France Internationale

Iran seeks to 'sow confusion among Gulf states' by targeting Bahrain and Kuwait

As Iranian drones and missiles target Bahrain and Kuwait, RFI spoke with Mahdi Ghuloom of the Dubai-based ORF Middle East think tank, who believes long-standing tensions, the small size of the two countries and divisions over how the Gulf should respond are playing their part in this development.

The Economic Times

Bridges and infrastructure are hit as US struck deeper into Iran

United States airstrikes against Iran have expanded over two weeks of conflict. Initial strikes targeted Iran's navy and coastal defenses in the Strait of Hormuz. Recent attacks now hit bridges and infrastructure deeper inside Iran. Iran has retaliated with intensified strikes on ships and Gulf countries. The conflict has pushed…

France 24

Arrests, denials and missing images: Gulf states’ response to Iranian strikes

Since the conflict between Iran and the United States began on February 28, more than 1,000 people have been arrested for attempting to document Iranian strikes in Jordan and Gulf countries allied with Washington. The governments of these countries have sought to deter the circulation of such images and maintain…

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The Economic Times

All 28 Indian crew safe after tanker attacked in Iranian waters: Indian Embassy in Tehran

All 28 Indian crew members aboard the LPG tanker Disha are safe following an attack. The Indian Embassy in Tehran confirmed their well-being and is monitoring the situation closely. External Affairs Minister S Jaishankar stressed that attacks on seafarers are unacceptable. India's maritime administration advised against deploying seafarers in the…

The Guardian - UK

How Chinese tech and Russian tactics are aiding Iran’s bombing of US bases

Increasingly accurate and lethal attacks are revealing weaknesses in stretched defences across the Gulf

The Economic Times

Pakistan, Iran explore path towards new talks with US in a China-initiated push, sources say

Pakistan is exploring ways to revive stalled US-Iran talks following a push by China, with exploratory discussions held during Iranian Interior Minister Eskandar Momeni's visit to Islamabad. While Pakistan is seeking to mediate amid rising regional tensions, officials say a halt in attacks on Saudi Arabia and other Gulf states…

The Independent UK

Hurricane Fausto strengthens into a Category 2 storm ahead of Hawaii approach

Fausto has been churning in the Pacific while Tropical Storm Bertha moved along the Gulf Coast

The Economic Times

US strikes Iran from south to north after Trump threats over Red Sea shipping

US missiles struck targets across Iran after Houthi attacks on Saudi tankers escalated regional conflict. Iranian forces retaliated by firing at US bases in neighboring Arab countries. The Houthi attacks pushed oil prices above $100 per barrel, impacting global markets. Shipping insurance costs doubled, and several tankers diverted their routes.…

The Times of India

An offer they can't refuse: Don's protection racket in the Middle East & Europe

Donald Trump's approach to international security resembles a protection racket, insisting that allies contribute more for American military support and armament. This transactional style echoes his history in real estate. Countries in the Gulf and Nato are responding to pressure for increased defense expenditures, turning their anxiety into financial gain…

The Economic Times

Global Market: Stagflation fears return as Gulf conflict, higher energy prices cloud global outlook

Renewed conflict in the Gulf has revived stagflation fears as oil prices near $100 a barrel, inflation risks resurface and markets price in further interest rate hikes amid escalating geopolitical and trade tensions.

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