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The Latest Breaking News from Gulf

Iran calls peace pact ‘declaration of US defeat’

US Secretary of State Rubio on regional tour in bid to reassure nervous allies

Bangkok Post

UAE trains connecting Abu Dhabi and Dubai set to launch this September

Etihad Rail will start its route between the UAE capital and Fujairah in late June, with further stations opening in the coming months.

Euronews

Gulf banks want AI, but can they keep control of customer data?

As banks in the Gulf explore new AI tools, the focus is increasingly shifting from what the technology can do to how it can be used responsibly.

Euronews

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UAE oil exports rebound to 85% of pre-war levels as Gulf supply routes adapt: IEA

United Arab Emirates oil exports have rebounded significantly, reaching nearly 85% of pre-conflict levels by early June. Leveraging alternative routes, extensive storage, and strategic shipping, the UAE successfully navigated Gulf tensions. Exports surged from 1.9 million barrels daily in March to 4.3 million in early June, demonstrating resilience amidst global…

The Economic Times

Oil Price Today (June 24): Crude oil near 4-month low as more tankers pass through Hormuz. What are experts saying?

Oil prices extended their decline on Wednesday, hovering near the four-month lows touched in the previous session, as signs emerged that more oil tankers stranded in the Gulf since the start of the Iran conflict are preparing to move through the Strait of Hormuz.

The Economic Times

UN starts evacuation of 11,000 seafarers stranded in Strait of Hormuz after ceasefire

A major evacuation plan is now underway for over 11,000 seafarers aboard hundreds of ships stranded in the Gulf. Following a ceasefire deal between Iran and the U.S., the UN's International Maritime Organization is coordinating the phased departure through the Strait of Hormuz. Safety guarantees have been secured, with temporary…

The Economic Times

Rubio arrives in UAE with aim to head off Gulf Arab unease over tentative Iran deal

US Secretary of State Marco Rubio is in the UAE to address concerns over a new Iran deal. The agreement, brokered by Vice President JD Vance, aims to end regional hostilities and reopen the Strait of Hormuz. Rubio emphasized that Iran's leadership must choose to be a nation, not a…

The Economic Times

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Top US diplomat echoes British demand for toll-free Strait of Hormuz waterway

Uncertainty continues to hang over the strategic Gulf sea route, which remains a flashpoint in talks between the US and Iran.

Evening Standard

Iran-U. S war ends but Strait of Hormuz disruptions could continue for months ahead. Here's why

Strait of Hormuz continues to remain the bone of the contention in Iran-U.S. deal and middle-east gulf countries' geo-politics. The question remains when will situation normalize.

The Economic Times

Rubio insists strait of Hormuz will be toll-free as he arrives for Gulf meeting

US secretary of state seeks to reassure UAE, Kuwait and Bahrain over security and US-Iran ceasefire deal

The Guardian - UK

Eleven India-bound vessels have crossed Strait of Hormuz since signing of Iran-US MoU: MEA

Eleven India-bound vessels have successfully navigated the Strait of Hormuz since the US-Iran agreement on June 17, according to MEA spokesperson Randhir Jaiswal. Ten Indian-flagged ships remain in the Persian Gulf, with two more entering the region. This crucial waterway, vital for global oil transit, has recently faced disruptions, raising…

The Economic Times

How a gulf nation is working on nurturing homegrown talent

The Middle East has become a major hub for world championship events in the last decade. Now, one of the region’s most prominent countries is investing heavily in developing homegrown talent

Motorsport

US-Iran MoU outlines $300 billion Iran reconstruction fund — but who will pay the bill?

US secretary of state Marco Rubio is heading to the Gulf amid controversy over a proposed $300 billion reconstruction fund for Iran. While critics decry it as a US payout, the administration claims Gulf states and private investors would largely finance it. However, some Arab allies fear a wealthier Iran…

The Times of India

Iran’s defiance: Lessons for the Gulf and the Global South

The 14-point US-Iran Memorandum of Understanding (MoU), signed by US President Donald Trump at the Palace of Versailles in France and President Pezeshkian of Iran in Tehran on 17 June, 2026 , clearly indicates that Iran has won the first round of negotiations.

Newslaundry

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The Economic Times

India's defence export boom could hit ₹65,000 crore by 2030; pvt sector startups the real play: Sunil Subramaniam

India's defence exports are poised to surpass government targets, reaching ₹60,000-65,000 crore by 2030, according to market expert Sunil Subramaniam. He advises investors to look beyond the Nifty Defence Index, highlighting the private sector's innovation in drones and UAVs, especially with demand from Gulf nations. Subramaniam also points to upcoming…

The Economic Times

New policy formulated for evaluation of Private CBSE students in Gulf countries: Centre to Supreme Court

The Supreme Court was informed by the Centre about a new CBSE policy for private students whose Class XII exams in Gulf countries were cancelled due to the Iran-US conflict. A distinct evaluation formula, considering Class X and last-attempted Class XII marks, has been notified. This addresses concerns of students…

The Economic Times

India in talks to sell supersonic BrahMos missile to UAE: Report

India is in advanced talks with the UAE to export its advanced defence systems, including the supersonic BrahMos missile and Akashteer air defence system. This potential deal, driven by the UAE's increased arms procurement following regional conflicts, signifies a growing defence partnership between the two nations. India's defence exports are…

The Economic Times

Iran-Israel conflict puts UAE, Saudi Arabia's foreign workers under strain

A protracted conflict in the Gulf is jeopardizing billions in remittances, vital for families across Asia and Africa. Migrant workers, like Steve Geoffrey supporting his Kenyan family, face job insecurity and rising costs. While some nations saw initial remittance surges, others report slowing growth and workers depleting savings. Economists predict…

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Euronews

These Gulf airlines are offering insurance to entice passengers back to the Middle East

Both Emirates and Etihad Airways have announced new insurance schemes which will protect travellers whose countries still list the region as a no-go zone.

The Economic Times

Indian refiners increase Russian and UAE oil imports ahead of Hormuz recovery

India's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imports. This shift represents a calculated diversification strategy, influenced by attractive discounts and apprehensions surrounding the Strait of Hormuz. Venezuela is stepping into a crucial role, while the…

Evening Standard

Iran demands ships apply to use Strait of Hormuz in snub to UK and G7 allies

Tehran’s Persian Gulf Strait Authority says vessels have to request passage through the strategic waterway.

The Economic Times

Iran deployed covert Iraq drone cells to target Gulf states: Report

Iran's Revolutionary Guard has reportedly formed secret cells in Iraq to launch drone strikes on Gulf nations hosting U.S. troops. These elite Iraqi Shi'ite fighters, operating independently of traditional militias, allegedly conducted at least seven attacks targeting Kuwait, Saudi Arabia, and the UAE. This strategic shift aims to bolster Iran's…

The Times of India

How Iran used secret Iraqi cells to strike Gulf states and evade US detection

Iran's Islamic Revolutionary Guard Corps (IRGC) quietly established a network of secret cells inside Iraq to launch drone attacks on Gulf states hosting American forces, according to a Reuters investigation that sheds new light on Tehran's evolving regional strategy.

The Economic Times

RBI MPC member Nagesh Kumar flags import dependence, Gulf remittances, El Nino risks in minutes

India faces significant economic risks from the West Asia conflict, including potential disruptions to oil and fertilizer imports via the Strait of Hormuz and reduced remittances from the Gulf. El Niño-induced monsoon failures also pose a threat to agriculture. Despite these vulnerabilities, the nation's strong foreign exchange reserves and fiscal…

The Economic Times

At the gates of Hormuz, 80 million barrels of oil are on standby

Large volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes following an interim US-Iran agreement aimed at restoring transit in the waterway.

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