United Arab Emirates
Trump invokes emergency powers with $23 billion in Gulf arms sales as Iran war wages on: WSJ report
U.S. President Donald Trump meets with NATO Secretary General Mark Rutte (not pictured), on the day he announces a deal to get weapons to NATO, in the Oval Office at the White House in Washington, D.C., U.S., July 14, 2025. Nathan Howard | Reuters The Trump administration has pressed forward with roughly $23 billion in […]
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Trump warns to ‘blow up’ South Pars gas field in Iran if strikes against Qatar energy continue
An Iranian security personnel monitors an area in phase 19 of the South Pars gas field in Assalooyeh on Iran’s Persian Gulf coast 1,400 km (870 miles) south of Tehran on August 23, 2016. Morteza Nikoubazl | Nurphoto | Getty Images U.S. President Donald Trump on Wednesday stateside warned that if Iran continued targeting Qatar’s […]
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Oil jumps 4% as Iranian retaliatory strikes on Qatar’s key energy facility stoke supply worries
A pumpjack stands at the Inglewood Oil field in Los Angeles, California on March 17, 2026. Patrick T. Fallon | Afp | Getty Images Oil prices extended gains as Middle East remains on the boil with strikes on energy infrastructure in the region fanning fears of a supply crunch. Qatar said Wednesday that Iranian missile […]
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Dow tumbles 600 points to session low as inflation fears hurt stocks: Live updates
A television station broadcasts the Federal Reserve’s decision to hold rates after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, March 18, 2026. Michael Nagle | Bloomberg | Getty Images Stocks sold off on Wednesday after new U.S. economic data […]
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Traffic is trickling through Strait of Hormuz: Who’s moving through and who’s still stranded or diverting
Commercial vessels are pictured offshore in Dubai on March 11, 2026. – | Afp | Getty Images Iran’s de facto blockade of the Strait of Hormuz has stoked fears of the gravest disruption to global oil supply in history, as the Middle East conflict stretches into its third week. The blockade has squeezed shipping traffic […]
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Oil slips as rising U.S. crude inventories offset attacks on UAE energy infrastructure
A pump jack is seen on March 17, 2026 in Stanton, Texas. Brandon Bell | Getty Images Oil prices slipped on Wednesday despite escalating attacks on the United Arab Emirates’ energy infrastructure, as rising U.S. crude inventories helped offset rising geopolitical risk premiums. Prices of Brent, the international benchmark, declined 1.17% to $102.19 per barrel. […]
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Iran launches retaliatory strikes on Israel and U.S. assets after security chief Larijani is killed
A smoke plume rise from an ongoing fire near Dubai International Airport in Dubai on March 16, 2026. – | Afp | Getty Images Iran intensified attacks against U.S. assets in the Middle East and Israel on Wednesday in apparent retaliation against the killing of the country’s security chief Ali Larijani overnight, as the weeks-long […]
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South Korea’s Kospi leads gains in Asia as investors assess Japan trade data, await Fed rate verdict
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images South Korea’s Kospi led gains in Asia markets on Wednesday as investors assess Japan trade data and await U.S. Federal Reserve’s interest rate decision. Markets expect the Fed to keep interest rates steady between 3.5% and […]
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UAE reopens airspace after brief shutdown as Iran attacks keep region on edge
The United Arab Emirates reopened its airspace on Tuesday after a brief shutdown, as Iran continued missile and drone attacks in a conflict with the U.S. and Israel now in its third week. The UAE’s Defense Ministry said Monday that air defenses have intercepted more than 300 ballistic missiles and 1,600 drones so far. The […]
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Iran targets UAE energy infrastructure as gas field set ablaze, tanker struck near Strait of Hormuz
Naval units from Iran and Russia carry out to simulation of rescue a hijacked vessel during the joint naval drills held at the Port of Bandar Abbas near the Strait of Hormuz in Hormozgan, Iran on February 19, 2026. Anadolu | Anadolu | Getty Images A fresh wave of attacks on the United Arab Emirates’ […]
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