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After Islamabad

David Hale 13/04 10:20 - Reading : 4 minute(s)

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Whatever different people may think about the Trump Administration's approach to Iran, 21 hours of talks led by the American vice president demonstrated a seriousness of diplomatic purpose.  However, it was never likely that the wide gap between the goals of Washington and those of Tehran would be bridged in a day.  Eight American presidents ...

Trump Hails Tehran's Move to Open Strait of Hormuz, Blockade on Iranian Ports to Continue

This is Beirut 17/04 16:30 - Reading : 1 minute(s)

Donald Trump Tehran Washington

U.S. President Donald Trump on Friday welcomed Iran’s announcement that the strategic Strait of Hormuz would remain open to maritime traffic for the duration of a ceasefire, signaling a potential easing of tensions in one of the world’s most critical corridors. “THANK YOU!” Trump wrote on his Truth Social platform, adding ...

U.S., Iran Warn Ready for War as Talks in Limbo

This is Beirut 21/04 07:45 - Reading : 5 minute(s)

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The United States and Iran each warned they were ready for war as the clock ticked down Tuesday on a ceasefire, with uncertainty on talks that President Donald Trump had announced would resume in Pakistan. The White House said Vice President JD Vance was ready to fly back to the Pakistani capital Islamabad, which was preparing for a second round ...

Maritime Incidents Underscore Fragility of Trump-Extended Iran Ceasefire

This is Beirut 22/04 13:55 - Reading : 3 minute(s)

Donald Trump Lebanon Gulf Middle East Tehran

A series of maritime incidents occurred on Wednesday in and around the strategic Strait of Hormuz, at the heart of the standoff between United States and Iran, highlighting the fragility of the truce unilaterally extended by Donald Trump with Iran. Just hours after the U.S. president announced the extension of the ceasefire, which has been in ...

Iran Says Won't Reopen Hormuz as Long as U.S. Blockade Remains

This is Beirut 23/04 08:05 - Reading : 5 minute(s)

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Iran's vow not to reopen the Strait of Hormuz -- so long as a U.S. naval blockade remained in place -- was held into Thursday despite a ceasefire extension, as the Gulf nation announced the seizure of two ships trying to cross the strategic waterway. U.S. Central Command (CENTCOM) said late Wednesday that it had also "directed 31 vessels ...

Oil Extends Gains, Stocks Sink as Peace talk Hopes Fade

This is Beirut 24/04 10:30 - Reading : 3 minute(s)

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Oil prices extended gains Friday, and stocks struggled as investors worried about a lack of progress in ending the Middle East crisis, with Tehran keeping the Strait of Hormuz closed and the US maintaining a blockade of Iranian ports. A week that started with hopes the two sides would eventually hold peace talks was set to end on a negative note, ...

Oil Rises Over 1% as U.S.–Iran Talks Stall

This is Beirut 27/04 10:10 - Reading : 1 minute(s)

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Oil prices rose more than 1% on Monday as stalled U.S.-Iran talks and ongoing disruptions to shipping through the Strait of Hormuz tightened global supply, according to Reuters. Last week, Brent and West Texas Intermediate gained nearly 17% and 13%. This marked ​the biggest weekly gains since the start of the war. Tensions in the Gulf have ...

Lebanese President Aoun Accuses Hezbollah of National 'Betrayal'

This is Beirut 27/04 14:20 - Reading : 2 minute(s)

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Lebanese President Joseph Aoun on Monday accused Hezbollah of “betrayal” and openly challenged the group’s decision to take Lebanon to war, asking whether it had secured national consensus before doing so. “Did you have national consensus when you went to war?” Aoun questioned, in a direct message to Hezbollah, as ...

UAE to Exit OPEC Amid Surging Oil Prices

This is Beirut 28/04 15:55 - Reading : 1 minute(s)

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The United Arab Emirates will withdraw from OPEC and the OPEC+ on May 1, state media reported Tuesday, describing the move as a strategic decision by the major oil producer. "This decision reflects the UAE's long-term strategic and economic vision and evolving energy profile," the official Emirates News Agency said.  The United Arab Emirates ...

Trump Warns Iran Better 'Get Smart Soon' and Accept Nuclear Deal

This is Beirut 29/04 15:05 - Reading : 4 minute(s)

Donald Trump Tehran Washington

President Donald Trump warned Tehran on Wednesday that it should "get smart soon" and capitulate to Washington's demands for tight controls on its nuclear programme, as a US naval blockade turned the screws on Iran's economy. Pentagon chief Pete Hegseth was due to testify before Congress later in the day, but US press reports ...

Trump Weighs Military Options on Iran as U.S. Drafts Strike Plans and Hormuz Strategy

This is Beirut 30/04 21:30 - Reading : 2 minute(s)

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Senior U.S. military commanders will brief President Donald Trump on Thursday on potential military action against Iran, including strike scenarios and options related to the Strait of Hormuz, a U.S. official told Reuters. The briefing, expected at the White House, will include Central Command chief Brad Cooper, Defense Secretary Pete Hegseth, ...

Iran Activates Air Defenses as Trump Faces Congressional Deadline

This is Beirut 01/05 07:55 - Reading : 5 minute(s)

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Tehran's air defences were activated to counter small aircraft and drones late Thursday, as the White House signalled that it will not be reined in by a congressional deadline on the Iran war. The Tasnim and Fars news agencies reported that air defence systems, heard in some parts of the Iranian capital, were activated "to counter small aircraft ...

Iran Claims Aluminium Plant Attacks in Gulf as Houthis Join War

This is Beirut 29/03 09:15 - Reading : 5 minute(s)

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Iran claimed on Sunday attacks on two major aluminium plants in the Gulf, further raising the economic stakes of the Middle East war after Yemen's Iran-backed Houthis joined the conflict. The war that began on February 28 with US-Israeli attacks on Iran has mushroomed throughout the region, sending world energy markets into a tailspin and ...

Israel Strikes Iranian Energy Infrastructure Before U.S. Diplomacy Deadline

This is Beirut 27/03 20:15 - Reading : 1 minute(s)

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Israel struck infrastructure targets across Iran on Friday, with Iranian officials saying the attacks hit two major steel factories, a power plant and multiple nuclear-linked sites as the campaign widened beyond purely military targets. The IDF claimed credit for the strikes on nuclear related facilities, just days after President Trump extended ...

Iran Strikes Gulf Energy Infrastructure as Regional War Drives Oil Prices Higher

This is Beirut 09/03 10:25 - Reading : 4 minute(s)

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Iran launched a new wave of strikes across the Gulf on Monday, targeting energy infrastructure and military-linked facilities in several countries as the regional conflict triggered by the U.S.–Israeli war on Iran continues to widen. One of the most significant attacks struck Bahrain’s Al Ma’ameer oil facility, a major petroleum ...

Israel Strikes Beirut's Southern Suburbs, Targeting Qard al-Hassan Branches

This is Beirut 09/03 10:35 - Reading : 3 minute(s)

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An additional Israeli raid pounded the southern suburbs of Beirut on Monday following several Israeli warnings followed by mock raids. In parallel, the Lebanese Army (LAF) blocked the roads leading to all Qard al-Hassan branches in the capital Beirut and Saida following latest warnings by the Israeli army’s Arabic spokesperson Avichay Adraee. ...

Oil Giant Saudi Aramco Says Annual Profits Down 12pct

This is Beirut 10/03 12:15 - Reading : 2 minute(s)

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Saudi Aramco on Tuesday reported a 12.1 percent decline in net income in 2025 as higher supply, U.S. tariffs, and other economic headwinds weighed on revenues. The Middle East war could be disastrous for oil markets, and it is vital to reopen the Strait of Hormuz shipping route, Saudi Aramco's CEO and president Amin H. Nasser said on ...

Cargo Vessels Hit as Iran Threatens to Close Gulf Oil Chokepoint

This is Beirut 11/03 12:05 - Reading : 5 minute(s)

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Three commercial ships took fire in the Gulf on Wednesday as Iran launched strikes against its oil-exporting neighbors, threatening shipping in the Strait of Hormuz and plunging the global energy economy into crisis. Oil prices have surged and markets have seesawed since the end of last month, when the United States and Israel attacked Iran, ...

Drones Fall Near Dubai Airport, Ships Hit as Iran Presses on With Attacks

This is Beirut 11/03 15:30 - Reading : 3 minute(s)

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Drones fell near Dubai airport, injuring four people, while attacks hit three ships in or near the Strait of Hormuz on Wednesday as Iran kept up its campaign disrupting oil markets and air and maritime traffic. The oil-rich Gulf has borne the brunt of Iran's attacks in response to US-Israeli strikes that sparked the Middle East war, with Tehran ...

Iran Targets Commercial Shipping

This is Beirut 11/03 17:15 - Reading : 4 minute(s)

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Iran intensified pressure on global energy markets Wednesday by targeting commercial shipping in the Strait of Hormuz, while major economies moved to release strategic oil reserves to counter mounting supply fears as the Middle East war entered its second week.  Iran’s Islamic Revolutionary Guard Corps (IRGC) said it had struck two commercial ...

War Creating 'Largest' Oil Shock in History as Iran Hits New Gulf Targets

This is Beirut 12/03 14:30 - Reading : 5 minute(s)

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The Middle East war is creating the biggest oil supply shock in history, the International Energy Agency warned Thursday, as Iran launched a new wave of attacks against Gulf energy targets that sent prices spiking above $100 a barrel. Images from Bahrain showed thick smoke rising after a strike on fuel tanks in Muharraq, with residents told to ...

U.S. Military 'Not Ready' to Escort Tankers Through Hormuz Strait: Energy Secretary

This is Beirut 12/03 15:40 - Reading : 2 minute(s)

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The U.S. military is currently "not ready" to escort tankers through the critical Strait of Hormuz because all its assets are focused on striking Iran, Energy Secretary Chris Wright said Thursday. Wright's comments came as an attack on two oil tankers off Iraq killed at least one person, and oil prices briefly soared past $100. Since launching ...

Oil Dips Under $100, Stocks Back in Green Tracking Mideast War

This is Beirut 13/03 17:55 - Reading : 3 minute(s)

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Oil dipped under $100 Friday, but remained far above pre-Mideast war levels with no end in sight to the disruption in supplies of crude. With the conflict heading towards its third week, equity markets were back in the green, having earlier lost ground amid investor worries about an extended crisis that could fan inflation and hammer the global ...

Trump Urges Other Nations' Warships to Protect Gulf Oil Route

This is Beirut 15/03 09:45 - Reading : 4 minute(s)

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U.S. President Donald Trump called for other nations' warships to help safeguard world oil supplies passing through the Strait of Hormuz, a route which is virtually blocked as of Sunday by the threat of Iranian attacks. Despite sustaining heavy bombardments since U.S.-Israeli forces launched a war against Iran on February 28, Tehran has defied ...

Trump Threatens More Strikes on Iran’s Main Oil Export Hub

This is Beirut 15/03 14:25 - Reading : 6 minute(s)

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U.S. President Donald Trump threatened additional strikes on Iran’s key oil export hub at Kharg Island as the war between Iran and the U.S.–Israeli alliance entered its third week, underscoring the growing risk of a prolonged conflict that is already disrupting global energy markets and destabilizing the Gulf region. Speaking to NBC News, ...

Trump Pressures NATO, China over Iran's Closure of Hormuz

This is Beirut 16/03 12:15 - Reading : 3 minute(s)

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President Donald Trump urged NATO partners and China to help reopen the Strait of Hormuz, the critical conduit for crude that Iran has effectively closed, as major economic players began releasing oil reserves on Monday to ward off supply disruptions. Global oil prices have surged by 40 to 50 percent after Iran choked off the waterway and ...

Hormuz Alternative Oil Routes Inadequate to Cope with Demand

This is Beirut 16/03 16:15 - Reading : 4 minute(s)

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Iran's threats against oil tankers transiting the Strait of Hormuz -- a chokepoint through which some 20 percent of global exports pass in peacetime -- has forced countries in the region to seek alternative routes. But analysts warn those routes are not yet sufficient to deal fully with global oil demand. "Saudi Arabia and the UAE can reroute ...