Browsing Tag
United Arab Emirates
48 posts
Oil crosses $90 as Gulf states run out of storage: Kuwait cuts, Qatar declares force majeure
Brent crude hit $92.69 and WTI closed at $90.90 as the Strait of Hormuz closure forced Kuwait output cuts and Qatar to warn of $150 oil within weeks.
Starmer: UK jets have already shot down multiple Iranian drones heading toward British bases
UK PM Starmer announces Typhoon jets, HMS Dragon deployment and expands US base access as Iran fires drones at ten countries and 140,000 Britons register in region.
Gulf states burning through $13.5m missiles against $30K drones, turning to Ukraine for the answer
The Pentagon and Gulf states are negotiating to buy Ukrainian Shahed interceptors as Patriot stocks dwindle amid Iran's drone campaign across the Middle East.
Why Raytheon’s new $183m U.S. Army Patriot contract reinforces global missile defense expansion
Raytheon wins a $183M U.S. Army Patriot contract for the United Arab Emirates. Discover what it reveals about missile defense demand and RTX Corporation strategy.
Hormuz stays shut for fifth day: Qatar offline a month, Ras Tanura struck, oil up 12%
US Navy sinks Iranian frigate IRIS Dena off Sri Lanka as Strait of Hormuz shipping crisis enters day five, stranding 200 tankers and triggering global energy alerts.
Senate set for war powers vote as Iran fatwas call for global retaliation and oil prices surge
Iran drone strikes hit U.S. embassies in Saudi Arabia and Kuwait. Six U.S. troops killed. Strait of Hormuz closed. Senate war powers vote set for March 4, 2026.
Korean Air falls 10%, Lufthansa drops 7%: How the Iran conflict is hammering airline stocks worldwide
Airline stocks shed billions as U.S.-Israel strikes on Iran close Dubai, Doha and Abu Dhabi airports, cancel 19,000 flights and push oil toward historic highs.
World’s biggest oil chokepoint closed: What the Iran crisis means for energy prices globally
Iran closes the Strait of Hormuz after US-Israel strikes; Brent crude surges 14% to $83, European gas up 70% as QatarEnergy halts LNG production.
When cloud meets conflict: What the Gulf drone strikes mean for Amazon Web Services
Drone strikes damage Amazon Web Services data centers in UAE and Bahrain. Explore what this means for Amazon.com, Inc. and global cloud risk.
Gulf routes closed: How the Iran-Israel war is stranding Indian travellers and expatriate workers
Indian airlines cancelled 350 flights on March 1, 2026, as US-Israel strikes on Iran triggered airspace closures across West Asia, hitting Air India and IndiGo.