Us

Energy, Oil & Gas Industry, Logistics & Shipping

US, Iraq discuss deeper economic ties, energy investment

Wed, 15 Jul 2026

The United States and Iraq discussed expanding economic co-operation and increasing US investment in the Arab nation’s energy sector during high-level talks at the White House on Wednesday, as the two countries sought to deepen their strategic partnership.

INTERNATIONAL NEWS Miscellaneous

Trump scraps Hormuz transit fee proposal, eyes Gulf investment deals

Wed, 15 Jul 2026

US President Donald Trump on Tuesday abandoned a proposal to impose a 20% transit fee on cargo shipping through the Strait of Hormuz, saying Washington would instead pursue trade and investment agreements with Gulf states amid escalating tensions with Iran.

Energy, Oil & Gas

Oil prices surge as US-Iran strikes intensify, raising fears over Hormuz shipping

Mon, 13 Jul 2026

Oil prices jumped sharply at the start of Asian trading on Monday after the United States launched a second consecutive night of strikes on Iranian military targets and Tehran retaliated with fresh attacks, heightening fears of disruption to crude shipments through the Strait of Hormuz, the world's most important oil transit chokepoint.

Industry, Logistics & Shipping

Mawani adds Maersk shipping service to Jeddah port

Sat, 11 Jul 2026

The Saudi Ports Authority (Mawani) has announced the addition of Maersk’s shipping service (Maersk - MECL) to Jeddah Islamic Port, thus enhancing the port’s maritime connectivity, expanding its service network with regional and global ports, and supporting the smooth flow of trade and supply chains.

Energy, Oil & Gas

Oil settles lower as Hormuz shipping hopes ease supply fears

Sat, 11 Jul 2026

Oil prices settled lower on Friday after the latest round of US-Iran fighting as traders grew hopeful that shipping would eventually resume in the Strait of Hormuz, but prices finished with sharp weekly gains. Brent crude futures fell by 29 cents to close at $76.01 a barrel.

Miscellaneous

Strait of Hormuz traffic slows to a trickle as US-Iran clashes fuel tensions

Fri, 10 Jul 2026

Oil tanker traffic through the Strait of Hormuz slowed to a near standstill on Thursday as renewed military exchanges between the United States and Iran shattered a three-week-old ceasefire, raising fresh concerns over energy supplies and regional security.

INTERNATIONAL NEWS Miscellaneous

US, Iran in indirect talks to secure peace deal, eye shipping restart

Wed, 01 Jul 2026

The US and ​Iran held indirect technical talks in Doha on Wednesday as they seek to agree on the flow of shipping through the Strait of Hormuz ‌and secure a lasting ceasefire, a source with direct knowledge of the talks and an Iranian official said.

Miscellaneous

Iran, Israel pause attacks; US disables tanker bound for Iran

Tue, 09 Jun 2026

Iran and Israel said on Monday they had halted attacks against each other following an appeal from US President Donald Trump, while US forces simultaneously escalated pressure on Tehran by disabling an oil tanker attempting to reach an Iranian port in defiance of Washington's naval blockade.

Finance & Capital Market

Blue Owl Capital boosts global presence with opening of Abu Dhabi office

Tue, 09 Jun 2026

Blue Owl Capital, an American alternative investment asset management company, has announced the opening of its new office at ADGM in Abu Dhabi. With this move, Blue Owl aims to strengthen its global footprint, underscoring its long-term commitment to the Middle East and focus on best supporting clients in the region.

Miscellaneous

US eyes use of Iran assets for Gulf allies' reconstruction

Sun, 07 Jun 2026

The US government will attempt to redirect ​Iranian assets to Gulf states for rebuilding and repairs of damage caused by Iran, a source familiar with the matter said, as Tehran followed up a wave of strikes ‌against Kuwait and Bahrain with further drone launches.