COMMENT: Strategic reserve releases cannot replace an open Strait of Hormuz
A proposed record release of emergency strategic oil reserves from the International Energy Agency (IEA) could offer temporary relief to global markets if Middle Eastern supply disruptions deepen, but it will not prevent prices from rising again. »»»
COMMENT: War risks pushing Gulf economies into contraction
Escalating conflict in the Middle East could push the Gulf economies into recession this year, with the scale of the downturn depending largely on how long the fighting lasts and whether energy infrastructure suffers lasting damage, Jason Tuvey, deputy chief emerging markets economist at Capital Ec»»»
Khere is Khamenei?
Where is Iran's new Supreme Leader Mojtaba Khamenei? Since he was appointed on March 8 he has issued no statements, made no public appearances, and in fact has been totally invisible. Is he dead? Or perhaps severely wounde»»»
COMMENT: Strategic reserve releases cannot replace an open Strait of Hormuz
A proposed record release of emergency strategic oil reserves from the International Energy Agency (IEA) could offer temporary relief to global markets if Middle Eastern supply disruptions deepen, but it will not prevent prices from rising again. »»»
US Navy says Straits of Hormuz too dangers to traverse
The US Navy has declined repeated requests from the shipping industry to escort commercial vessels through the Strait of Hormuz since the outbreak of the war with Iran, saying it is too dangerous to traverse, even as President Donald Trump publicly promises protection for tankers seeking to resume »»»
Seoul to release 22.46mn barrels from oil reserves
South Korea will release 22.46mn barrels of crude oil from its strategic petroleum reserves as part of a coordinated plan by members of the International Energy Agency to supply 400mn barrels to global markets, Yonhap News Agency reports. »»»
Vietnam fuel prices climb again despite stabilisation fund intervention
Fuel prices in Vietnam rose again on March 11, despite the government having decided to draw on its fuel price stabilisation fund to soften the impact of the ongoing global oil market turmoil. According to Reute»»»
COMMENT: Strategic reserve releases cannot replace an open Strait of Hormuz
A proposed record release of emergency strategic oil reserves from the International Energy Agency (IEA) could offer temporary relief to global markets if Middle Eastern supply disruptions deepen, but it will not prevent prices from rising again. »»»
Washington to open strategic oil reserves, release 172mn barrels
The United States will release 172mn barrels of oil from its emergency stockpiles starting in the week as part of an effort to curb rising energy prices following the outbreak of war between US and Israeli forces with Iran. »»»
Central Asia: Chinese-led development bank locked in competition with Western rival
G7 powers and China are battling for influence over the development assistance agenda for Central Asia. The rivalry is reflected in the growing attention paid to the region by proxy development institutions, the G7-led, Ma»»»
Central Asia: Chinese-led development bank locked in competition with Western rival
G7 powers and China are battling for influence over the development assistance agenda for Central Asia. The rivalry is reflected in the growing attention paid to the region by proxy development institutions, the G7-led, Ma»»»
Central Asia: Chinese-led development bank locked in competition with Western rival
G7 powers and China are battling for influence over the development assistance agenda for Central Asia. The rivalry is reflected in the growing attention paid to the region by proxy development institutions, the G7-led, Ma»»»
Central Asia: Chinese-led development bank locked in competition with Western rival
G7 powers and China are battling for influence over the development assistance agenda for Central Asia. The rivalry is reflected in the growing attention paid to the region by proxy development institutions, the G7-led, Ma»»»
Central Asia: Chinese-led development bank locked in competition with Western rival
G7 powers and China are battling for influence over the development assistance agenda for Central Asia. The rivalry is reflected in the growing attention paid to the region by proxy development institutions, the G7-led, Ma»»»
Czech weaponry company Colt CZ eyes dual listing on Amsterdam bourse
Prague-listed weaponry company Colt CZ Group SE has announced its intention to launch a dual listing on the Euronext bourse in Amsterdam. “This marks an important step for Colt CZ as we seek shareholder approval for o»»»
PAYSTRAX plans major hiring drive as Lithuanian fintech hub expands
International payments company PAYSTRAX is preparing a major recruitment drive in Lithuania – with plans to create up to 150 new fintech jobs over the next three years as it expands operations in Vilnius and Klaipeda, Invest in Lithuania, the country’s investment promoter, announced on March 10. »»»
Hungarian parliament approves resolution rejecting EU membership, military support for Ukraine
The Hungarian parliament passed a resolution on March 10 rejecting Ukraine’s EU membership, military support for Ukraine, the transformation of the EU into a military alliance, and measures that "undermine the sovereignty of member states," state news agency MTI reports. »»»
KSE: Fewer Ukrainian workers are supporting more of the population
Ukraine’s reconstruction debate often centres on infrastructure, security guarantees and the scale of international financing. Yet a new analytical report by the Kyiv School of Economics (KSE) argues that the country is becoming more dependent on a shrinking number of workers. »»»
KSE: Fewer Ukrainian workers are supporting more of the population
Ukraine’s reconstruction debate often centres on infrastructure, security guarantees and the scale of international financing. Yet a new analytical report by the Kyiv School of Economics (KSE) argues that the country is becoming more dependent on a shrinking number of workers. »»»
Energy shock gives Russia opportunity to reshape global markets, Putin says
Russia is positioning itself to take advantage of turmoil in global energy markets triggered by the escalating Middle East conflict, with President Vladimir Putin arguing that disruptions to oil and gas supplies are reshaping trade flows and creating opportunities for Russian exporters. »»»
Russian commentator calls for Russia to replace Iran at 2026 World Cup
Russian sports commentator and television presenter Dmitry Guberniev called on March 11 for Russia to take Iran's place at the 2026 World Cup in the United States, Mexico and Canada, following Iran's announcement that it would withdraw from the tournament citing the killing of its supreme leader. »»»
Iraqi Oil Ports Suspend Operations Following Attack on Tankers - Authorities
Operations at Iraqi oil ports have been suspended following an attack on two oil tankers near the port of Basrah in southern Iraq, Farhan Al-Fartusi, director general of the General Company for Ports of Iraq, said on Thursday. "Commercial ports are operating, but oil ports have stopped operating," »»»
First Week of Operation Against Iran Cost US Over $11.3B – Reports
The first week of the US operation against Iran cost more than $11.3 billion, The New York Times reported, citing three officials. Earlier this week, US Democratic senators called on US Secretary of War Pete Hegseth and Secretary of State Marco Rubio to appear at a public hearing on the US military»»»
US-Israel war on Iran Day 13: What UAE residents need to know today
Regional tensions and operational updates have dominated the headlines today as UAE authorities respond to a series of security and consumer developments. From successful air defence interceptions to updated travel schedules and warnings against misinformation, here are the key stories currently af»»»
US‑Israel war with Iran Day 13: What you need to know
A drone fell on a building near Dubai Creek Harbour, causing a minor fire that authorities quickly contained, with no injuries reported. The incident comes amid wider regional tensions affecting travel and markets. Etihad has updated flight schedules until March 15, while officials also warned shop»»»
Bulgaria’s ex-president Rumen Radev rejects claims he is ‘hiding’ ahead of April election
Former Bulgarian president Rumen Radev said on March 10 he was “not hiding” from the public as speculation grows over the limited information about his newly launched political coalition ahead of next month’s snap parliamentary elections. »»»
Iran-linked hackers reportedly targeted Albanian parliament email system
The email system of the Albanian parliament has been targeted by a cyberattack allegedly carried out by a hacking group linked to Iran, according to Albania’s National Cyber Security Authority. The group, known as Homeland»»»
Oil tops $100 as Iran attacks offset IEA strategic reserve release
Oil prices soared back above $100 Thursday as Iran's fresh attempts to hit supplies in the Middle East and threats to bring down the global economy overshadowed a record release of strategic crude by the International Energy Agency. As the US-Israel strikes on the Islamic republic approached their »»»
Saudi Arabia says shot down drone approaching embassy district
Saudi Arabia shot down a drone approaching a district housing foreign embassies, the country's defence ministry said on Thursday. "An enemy drone was shot down while attempting to approach the embassies district," a defence ministry spokesperson posted on X, after confirming Saudi Arabia had also i»»»
Kyrgyzstan’s national football team to play matches against Madagascar, Bahrain - | 24.KG
The national football team of Kyrgyzstan will play matches against Madagascar and Bahrain as part of a training camp that will begin on March 18 in Turkey. The Kyrgyz Football Union reported. This is the first training camp under new head coach Robert Prosinečki. The team will play two friendly mat»»»
CBSE issues clarification on Class XII exam rescheduling in UAE
The Central Board of Secondary Education (CBSE) has confirmed that a circular circulating online, claiming that Class XII English exams in the Middle East have been rescheduled, is fake. The false message, which listed Bahrain, Iran, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE, and attributed th»»»
UAE court orders man to repay Dh270,400 for false marriage promise, fines him Dh50,000
The Abu Dhabi Civil Family and Administrative Court has ordered a man to repay Dh270,400 to a woman after deceiving her through a social media application by impersonating another person and falsely promising marriage. The court also fined the defendant an additional Dh50,000 in compensation to the»»»
Qatar intercepts 9 ballistic missiles, several drones from Iran
Dubai: Qatar’s Ministry of Defence said the country’s air defence systems successfully intercepted multiple aerial threats after Iran launched ballistic missiles and drones on Wednesday. In an official statement, the ministry confirmed that the Qatari Armed Forces intercepted nine ballistic missile»»»
Arrest of journalist Altynai Arstanbekova: Interior Ministry’s comment - | 24.KG
A journalist has been detained in Bishkek on suspicion of publishing materials calling for mass unrest, the Ministry of Internal Affairs’ press service reported. According to it, on March 9, during social media monitoring, a Facebook account «Daniel Zhooshbaev» was discovered, which was used to dis»»»
Kyrgyz businesses invests nearly $82 million in other EAEU countries - | 24.KG
In the first half of 2025, Kyrgyz businesses invested approximately $82 million in other EAEU countries, the press service of the Eurasian Economic Commission reported. According to the commission, $69.9 million was invested in Russia, $11.2 million in Kazakhstan, and $0.8 million in Belarus. A sma»»»
Two companies must pay Dh57.38m after failing to settle cargo clearance debts in Dubai
Dubai Commercial Court has ordered two companies to jointly pay up to Dh57.38 million to a shipping and customs clearance firm in a commercial dispute over unpaid international cargo clearance services, while rejecting additional claims for legal and supplementary interest. According to case detail»»»
UN Security Council resolution condemning Iran's missile, drone attacks on Gulf, Arab countries
Also Read: UAE urges global action against Iranian missiles and dronesAlso Read: GCC welcomes UN Security Council adoption of resolution condemning Iran’s missile, drone strikes on Gulf StatesThe UN Security Council has adopted an unprecedented resolution condeming the missile and drone attacks lau»»»
British agency interested in building ring road in Osh city - | 24.KG
Osh Mayor Zhanarbek Akayev met with Nicholas Bowler, the British Ambassador to Kyrgyzstan. The southern capital’s City Hall reported. According to the official, the parties discussed the development of bilateral cooperation, as well as education, sports, improving urban infrastructure, and expandin»»»
UAE responds to Iranian missiles and drones, residents receive emergency alerts
The Ministry of Defence confirmed that UAE air defence systems were actively responding to incoming missile and drone threats launched from Iran amid ongoing regional hostilities. Authorities also clarified that the alert sounds heard by residents were triggered by these interception operations. Of»»»
UAE weather forecast: When and where rain will fall as low-pressure system moves in
Dubai: A low-pressure system affecting the UAE is expected to bring partly cloudy to cloudy conditions and a continued chance of rainfall over some western, northern and coastal areas, according to the latest bulletin issued by the National Centre of Meteorology (NCM). The NCM said the weather toda»»»
GCC welcomes UN Security Council adoption of resolution condemning Iran’s missile, drone strikes on Gulf States
RIYADH: Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), welcomed the UN Security Council’s resolution condemning the egregious Iranian military operations against the GCC states and the Hashemite Kingdom of Jordan. Albudaiwi affirmed that this international condemn»»»
Kyrgyz judokas to compete at Grand Slam in Georgia - | 24.KG
Athletes from Kyrgyzstan will take part in the international judo tournament in Georgia, the sport’s federation reported. According to the federation, the Grand Slam tournament will be held on March 20-22 in Tbilisi. A total of 14 sets of medals will be contested among men and women. Five athletes »»»
Oman firefighters continue battling blaze at Salalah Port after Iranian drone strike
Dubai: Emergency crews in Oman are continuing efforts to extinguish a fire that broke out at fuel storage tanks at the Port of Salalah following an Iranian drone attack, authorities said. The Civil Defence and Ambulance Authority confirmed that specialised response teams were immediately dispatched»»»
US trade probes could lead to new tariffs for EU, China
BusinessUnited States of AmericaUS trade probes could lead to new tariffs for EU, ChinaShakeel Sobhan with AFP, ReutersThe US probes could lead to new tariffs on key trading partners after the Supreme Court curtailed President Donald Trump's global tariff program. https://p.dw.com/p/5AD8KThe USTR h»»»
Philippine billionaires: Enrique 'Ricky' Razon tops Forbes 2026 list
Manila: Picture this: a college dropout, once sweating it out as a humble ports worker, now reigns supreme as the Philippines' undisputed richest man. Enrique "Ricky" Razon Jr. has stormed to the top of Forbes' 2026 World's Billionaires list, leaving a trail of stunned tycoons in his wake. But wait»»»
5,500 targets inside Iran, including 60+ ships, eliminated: US commander
Iranian ballistic missile and drone attacks have dropped drastically, supporting broader goals of neutralising threats in the Strait of Hormuz, according to a US commander in the Middle East. Admiral Brad Cooper, commander of the US Central Command in charge of "Operation Epic Fury", has highlighte»»»
Etihad releases flights until March 15 - what passengers need to know
Etihad Airways has announced its updated flight schedule, covering flights until March 15. The airline advised that guests with existing bookings will be accommodated on these flights as soon as possible, ensuring minimal disruption to their travel plans Tickets for all available flights are now on»»»
Syria praises U.S. support for reactivating Central Bank’s Fed account
Damascus, Mar.12 (SANA) The Governor of the Central Bank of Syria, Abdelkader Husrieh, expressed his appreciation to U.S. Special Envoy to Syria Tom Barrack and his team for their role in supporting the reactivation of the Central Bank’s account at the Federal Reserve Bank of New York, nearly a dec»»»
Secretary of State for Foreign Affairs meet Italian ambassador in Tunis
Tunis, March 12 (TAP) - As part of the follow-up on cooperation files between Tunisia and Italy, Secretary of State to the Minister of Foreign Affairs, Migration, and Tunisians Abroad, Mohamed Ben Ayed, held a working session, Wednesday, with...»»»
Drone falls on building in Dubai’s Creek Harbour; fire contained
Dubai: Authorities have confirmed that the fire has been fully contained and all residents in the building are safe following an incident in which a drone fell on a building near Dubai Creek Harbour, the Dubai Media Office said. Stay updated: Get the latest faster by downloading the Gulf News app n»»»