the Gulf conflict

Gulf economies face long-term hit from Iran conflict

OECD cuts 2026 global growth forecasts over Mideast war fallout

OECD cuts 2026 global growth forecasts over Mideast war fallout PARIS: The global economic outlook hinges on how long the war in the Middle East lasts, with recession in some countries and sharply higher inflation a real possibility if it drags on into next year, the Organisation for Economic Cooperation and Development warned on Wednesday (Jun 3). If the conflict proves short-lived, Gulf oil and gas production could gradually return to pre-crisis levels from the third quarter with shortages...

Strait of Hormuz oil crisis: An opportunity for Syria?

In the show this week, we look at how Syria could benefit from the oil crisis triggered by tensions in the Strait of Hormuz. After Iran effectively closed the strategic waterway, Syria's Mediterranean port of Baniyas found itself emerging as a hub for crude oil transported overland from the UAE and Iraq. Could Syria – a country in desperate need of investment after 14 years of civil war – establish itself as a new energy corridor, even after the Gulf conflict is over?

Navy delivered blow to Pak's economy during Op Sindoor: Admiral Tripathi

Submarine deal with Germany in a few months with tech transfer; Navy delivered blow to Pak's economy during Op Sindoor: Admiral Tripathi Admiral Dinesh Kumar Tripathi, who led the Indian Navy during Op Sindoor and spearheaded operations to safeguard India’s energy vessels during the Gulf conflict, is also credited with the Navy’s technological transformation, fleet modernisation and unprecedented maritime operations. On the eve of his completion of his over two-year term as 26th Chief of...

‘Makes no sense’: experts doubt pause in US arms sale to Taiwan is due to Iran war

Experts doubt that the ongoing conflict in the Gulf region is causing a pause in the US arms sale to Taiwan. A $14 billion weapons package, which is awaiting approval, is unlikely to be affected by the Iran situation due to the long processing time involved. Analysts suggest there is a low probability of any connection between the Gulf events and the delivery schedule for Taiwan.

What’s happening on day 96 of Iran war as US, Iran engage in new attacks

What’s happening on day 96 of Iran war as US, Iran engage in new attacks Rubio says the US will lift sanctions on Iran only if it gives up enriched uranium, rejecting a Strait of Hormuz-linked deal. As the US-Israel war on Iran entered its 96th day, the conflict widened across the Gulf region, with both sides reporting new military actions. The United States military said on Wednesday it carried out “self-defence” strikes on Iran’s Qeshm Island, while Iranian media reported explosions in the...

Joshua v Prenga fight moved from Riyadh to Jeddah

Joshua v Prenga fight moved from Riyadh to Jeddah LONDON, June 1 : Former world champion Anthony Joshua's heavyweight fight against Albanian Kristian Prenga on July 25 has been moved from Riyadh to Jeddah, organisers said on Monday. No reason was given, although other events have been moved away from the Gulf due to the Iran war and conflict in the region. The non-title fight is the Briton's first since he was in a car accident in Nigeria last December that killed two close friends and has...

Cooper defends UK-France’s Strait of Hormuz plan amid Rubio ‘catch-22’ claim

Cooper defends UK-France’s Strait of Hormuz plan amid Rubio ‘catch-22’ claim The narrow Gulf channel has become a flashpoint in the conflict, now in its fourth month - Bookmark - CommentsGo to comments Yvette Cooper has defended the UK and France’s proposed mission to secure the Strait of Hormuz once the Iran war ends, despite US Secretary of State Marco Rubio labelling the plan a "catch-22". The Foreign Secretary stated that the initiative, designed to support vessels in the crucial global...

Deadly drone strike on Kuwait airport as Iran, US trade fire

Deadly drone strike on Kuwait airport as Iran, US trade fire The attack, which Kuwait described as an act of "criminal Iranian aggression", is one of the more severe tests yet of the fragile US-Iran ceasefire. An Iranian drone strike on a passenger terminal in Kuwait's international airport killed one person and wounded 63 more on Wednesday (Jun 3), Kuwaiti officials said, as conflict escalated between Tehran and US forces in the Gulf. The attacks marked one of the more severe tests yet of a...

Deadly drone strike on Kuwait airport as Iran, US trade fire

Deadly drone strike on Kuwait airport as Iran, US trade fire The attack, which Kuwait described as an act of "criminal Iranian aggression", is one of the more severe tests yet of the fragile US-Iran ceasefire. An Iranian drone strike on a passenger terminal in Kuwait's international airport killed one person and wounded 63 more on Wednesday (Jun 3), Kuwaiti officials said, as conflict escalated between Tehran and US forces in the Gulf. The attacks marked one of the more severe tests yet of a...