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Iran’s Revolutionary Guards Claim “Full Control” of Strait of Hormuz as Oil Traffic Plunges
This is Beirut 04/03 10:30 - Reading : 4 minute(s)
Iran USA Israel StraitOfHormuz Gulf RegionalWar
Iran’s Islamic Revolutionary Guard Corps (IRGC) announced Wednesday that it has taken “full control” of the Strait of Hormuz, the critical maritime chokepoint through which a significant share of the world’s oil supply passes. According to Iran’s Fars News Agency, senior IRGC naval official Mohammad Akbarzadeh said ...
Gulf States Withstand Fifth Consecutive Day of Iranian Attacks
This is Beirut 04/03 12:45 - Reading : 4 minute(s)
Gulf Kuwait Middle East Saudi Arabia United Arab Emirates
On the fifth consecutive day of Iranian attacks targeting Gulf states, Saudi Arabia, Kuwait, the United Arab Emirates and Qatar all reported intercepting missiles and drones as the regional escalation showed no sign of slowing. Saudi Arabia Saudi Arabia’s defence ministry said Wednesday that two cruise missiles were intercepted and ...
Iranian Strikes on Arab Countries Continue Into Seventh Day of Regional War
This is Beirut 07/03 15:00 - Reading : 4 minute(s)
Gulf UAE SaudiArabia Kuwait Jordan Iran Iraq Israel RegionalConflict
The war between Iran and the U.S.-Israeli alliance continues to spill across the Middle East, with several Arab countries reporting missile and drone attacks as Tehran expands its retaliatory campaign across the region. Jordan, the United Arab Emirates, and Saudi Arabia all reported interceptions of Iranian projectiles on Saturday, while ...
Turkey Arrests Two on Charges of Spying for Israel
This is Beirut 06/02 11:05 - Reading : 2 minute(s)
Israel Turkey Europe Hamas Palestine
Turkish intelligence has arrested two people on suspicion of spying for Israel's Mossad and providing information that helped the spy agency target its enemies, state news agency Anadolu reported Friday. Security sources said Mehmet Budak Derya and Veysel Kerimoglu had been arrested in Istanbul, saying they had long been on the radar of ...
Cargo Vessels Hit as Iran Threatens to Close Gulf Oil Chokepoint
This is Beirut 11/03 12:05 - Reading : 5 minute(s)
StraitofHormuz Iran USA Israel USIranWar
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)
Iran Gulf USA Israel USIranWar UAE SaudiArabia
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 ...
Oil Dips Under $100, Stocks Back in Green Tracking Mideast War
This is Beirut 13/03 17:55 - Reading : 3 minute(s)
Emmanuel Macron US Treasury Banks European Union Middle East
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)
Donald Trump Gulf USA Lebanon UAE Iran USIranWar Hezbollah Israel
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 ...
Gulf States Urge U.S. to Neutralize Iran for Good
This is Beirut 17/03 13:30 - Reading : 4 minute(s)
Gulf Israel Iran USA Trump USIranWar
Gulf Arab states are increasingly pressing the United States to continue its military campaign against Iran, warning that a premature halt could leave Tehran capable of threatening the region’s critical energy infrastructure and economic stability, according to sources cited by the Times of Israel. While Gulf governments initially opposed the ...
Iraq Asks Iran for Oil Tanker Passage through Strait of Hormuz
This is Beirut 17/03 22:05 - Reading : 2 minute(s)
Iraq Iran Kurdistan Oil Hormuz
Iraq was in contact with Iran to try to arrange passage for some of its oil tankers through the Strait of Hormuz, the country's oil minister told local media. A founding member of the OPEC cartel, crude oil sales make up 90 percent of Iraq's budget revenues. Before the outbreak of war on February 28, Iraq mainly shipped its ...
Bessent Says "Starting to See Defections" in Iranian Regime
This is Beirut 19/03 16:35 - Reading : 1 minute(s)
Treasury Secretary Scott Bessent claimed major defections were occuring within the Iranian regime, following increasing economic pressure on Iranian officials, saying, “the regime is in collapse, and the people are starting to turn against them.” Speaking to Fox News Thursday, Bessent said, "we're starting to see defections ...
UAE-Iran Ties Deteriorate as Tehran-Linked Hospital Ordered Shut in Dubai
This is Beirut 21/03 17:00 - Reading : 3 minute(s)
United Arab Emirates Gulf Hezbollah Israel Tehran
The United Arab Emirates has ordered the closure of an Iranian state-linked hospital in Dubai, three employees at the facility told AFP, as ties between the two neighbors deteriorate and Tehran continues its aerial campaign against Gulf states. Since the United States and Israel began striking Iran on February 28, Tehran has launched waves of ...
Trump Gives Iran 48 Hours to Open Hormuz as Tehran Strikes Israel
This is Beirut 22/03 07:10 - Reading : 5 minute(s)
Donald Trump Israel Tehran Benjamin Netanyahu United Arab Emirates
U.S. President Donald Trump on Saturday gave Iran 48 hours to reopen the Strait of Hormuz to shipping or face the destruction of its energy infrastructure, as Tehran launched its most destructive attack yet on Israel. The ultimatum, made just a day after the U.S. leader said he was considering "winding down" military operations after ...
Ship Traffic Down 95% in Strait of Hormuz
This is Beirut 23/03 19:30 - Reading : 3 minute(s)
Europe European Union Middle East Tehran United Kingdom
Just a trickle of cargo ships and tankers—most of them Iranian—have made it through the Strait of Hormuz since Iranian forces effectively blocked the crucial trade route in the Middle East war. Here are facts and figures about vessels that have passed through the 167-kilometre (104-mile) long strait since the war broke out with US-Israeli ...
Israel Strikes Iran’s Caspian Supply Routes, Targeting Russian-Linked Arms Corridor
This is Beirut 25/03 10:35 - Reading : 3 minute(s)
Iran Israel Russia USA USIranWar
Israel has expanded the geographic scope of its war against Iran, carrying out a rare strike in the Caspian Sea region targeting what officials describe as a critical maritime corridor used to transport Russian-supplied weapons to Tehran. According to sources cited by The Wall Street Journal, the operation struck facilities at Iran’s Bandar ...
Cautious Optimism as Oil Prices Decline and Stock Markets Rebound
This is Beirut 25/03 16:15 - Reading : 3 minute(s)
Donald Trump European Union Middle East New York Tehran
Oil prices continued to decline on Wednesday, leading to a rebound in stock markets, as traders appeared willing to believe in the possibility of a peace plan proposed by Donald Trump to Iran. “Market movements are driven by narratives and headlines: today, everything revolves around the prospect of a ceasefire,” summarized Neil ...
Iran Speaker Warns 'Enemies Are Preparing to Occupy' Island
This is Beirut 25/03 20:50 - Reading : 3 minute(s)
Donald Trump Gulf Houthi Israel Middle East
Iran's parliament speaker Mohammad Ghalibaf warned on Wednesday about the possible invasion of an Iranian island with the support of an unnamed regional country. "Based on some intelligence reports, Iran's enemies are preparing to occupy one of the Iranian islands with support from one of the regional states," Ghalibaf wrote in ...
Oil Jumps, Stocks Drop on Uncertainty Over U.S.-Iran Talks
This is Beirut 26/03 14:55 - Reading : 2 minute(s)
Iran Gulf USA Israel USIranWar Oil
Oil prices jumped and equities slid Thursday as hopes for a peace deal between the U.S. and Iran wavered after Tehran rejected Washington's bid to wind down the nearly four-week war. Markets had been buoyed this week by U.S. President Donald Trump's announcement that strikes targeting Iran's energy infrastructure would be postponed, adding that ...
Syria Says It Arrested Terrorist Cell and Seized Hezbollah-Linked Drones and Missiles in Rif Dimashq
This is Beirut 06/02 21:40 - Reading : 2 minute(s)
Syria’s Ministry of the Interior announced that it cracked down on terrorist cells in the Rif Dimashq Governorate and captured military hardware and weapons linked to Hezbollah, according to a report from Nidaa al-Watan. In the operation, internal security forces arrested all members of the cell and seized Hezbollah drones, missiles, and ...
Iran Guards Seize Two Foreign-Crewed Tankers in Gulf: News Agency
This is Beirut 05/02 13:50 - Reading : 1 minute(s)
Iran's Revolutionary Guards have seized two oil tankers with their foreign crews in Gulf waters for "smuggling fuel," the Tasnim news agency reported Thursday. It was not immediately clear what flags the tankers were carrying nor the nationalities of the crew. The seizures took place amid heightened tension after Washington dispatched a naval ...
Baja 2025: Rafic Eid Offers Lebanon a Historic World Podium
Makram Haddad 2025-11-30 12:00 - Reading : 2 minute(s)
Lebanon Rafic Eid Baja Vice champion
Rafic Eid has struck again. Over the course of a marathon season, from Ha’il to Dubai, the Lebanese rider built up his 2nd place in the overall world standings, all motorcycle categories combined, day after day, by taming the most hostile terrains on the international circuit. On his Honda CRF 450 Factory, Eid swallowed dunes, rocks, mud, ...
Lebanon Must Become Independent of Saudi Arabia Too
Hussain Abdul-Hussain 05/01 12:35 - Reading : 6 minute(s)
Lebanon Saudi Arabia Lebanese Army Hezbollah Israel
If Lebanon’s Shia are to finally divorce Iran and reclaim patriotism for their nation, other sects must also place Lebanon’s national interests above the diktats of foreign patrons. That means the Sunnis, the Christian Lebanese Forces, and Walid Jumblatt’s Druze political bloc must end their humiliating dependence on Saudi Arabia. For too ...
Iran and Turkey Agree to Build Key Trade Rail Link
This is Beirut 2025-11-30 16:20 - Reading : 2 minute(s)
Iran and Turkey have agreed to begin constructing a new joint rail link to serve as a strategic gateway between Asia and Europe, Iranian Foreign Minister Abbas Araghchi said Sunday. The planned route, known in Iran as the Marand–Cheshmeh Soraya railway transit line and running towards Turkey's Aralik border region, will cover around 200 ...
Iran Announces Discovery of Major Gold Deposit
This is Beirut 2025-12-01 15:35 - Reading : 2 minute(s)
Iran has announced the discovery of a major gold deposit at one of the country's biggest mines for the precious metal, local media reported Monday. The new vein structure was found at the privately owned Shadan gold mine in the eastern province of South Khorasan, which Fars news agency described as "among the country's most important." The ...
Lebanese MP Yacoubian Files Complaint Against Antoun Sehnaoui Over “Illicit Relations with Israel”
This is Beirut 2025-12-07 21:05 - Reading : less than a minute
Lebanese parliamentarian Paula Yacoubian has filed a complaint with the Ministry of Economy and Trade, specifically with the Office for the Boycott of Israel, against Antoun Sehnaoui, chairman and general manager of Société Générale, accusing him of maintaining “illicit relations with the enemy Israeli ...
Lebanon and Oman Reaffirm Strategic Partnership During Presidential Visit
This is Beirut 2025-12-10 11:45 - Reading : 3 minute(s)
Lebanon Joseph Aoun Lebanese Army Tehran United Nations
Following a two-day official visit to the Sultanate of Oman, President Joseph Aoun and Sultan Haitham bin Tariq issued a joint statement underscoring the strength of relations between their countries and their shared commitment to enhancing bilateral cooperation. The leaders highlighted the historical ties and fraternal bonds between the peoples ...
Al-Qard al-Hassan’s Gold: Hezbollah’s New Financial Scheme
Natasha Metni Torbey 2025-12-10 14:00 - Reading : 3 minute(s)
Hezbollah Israel Lebanon Al Qard Al Hassan Hezbollah financing
After introducing ATMs, easy-access loans, and clandestine counters scattered throughout the alleys of Beirut’s southern suburbs, al-Qard al-Hassan (AQAH), Hezbollah’s financial arm, has taken its operations a step further: direct gold trading. Gold bars, coins, and jewelry are reportedly now being offered to the Shiite community, turning gold ...
+114% in 2025: Silver Breaks Free and Takes Center Stage
Liliane Mokbel 2025-12-20 14:00 - Reading : 2 minute(s)
Silver has delivered a historic performance in 2025. Since the beginning of the year, the white metal has surged by more than 114 percent, reaching an all-time high of 64 dollars per ounce. For the first time in years, silver is no longer following gold’s lead. Its rise has clearly outpaced gold, whose price has increased by around 60 percent, ...
The Syndicate of Traders and Importers of Alcoholic Beverages Denounces the Gap Law
This is Beirut 2025-12-20 14:25 - Reading : 2 minute(s)
Banque du Liban economy Lebanon Banks Gap Law Traders
The Syndicate of Traders and Importers of Alcoholic Beverages issued a statement on Saturday denouncing the Gap Law, which they said shifts the state’s responsibilities onto traders and businesses. “While respecting the draft presented by the Prime Minister concerning financial restructuring and the recovery of deposits, the currently ...
Lebanon’s Cabinet Divided Over Controversial Financial Gap Law
This is Beirut 2025-12-22 20:25 - Reading : 3 minute(s)
Lebanon Nawaf Salam International Monetary Fund Banks Central Bank of Lebanon Gap Law
The controversial financial Gap Law presented as key to resolving Lebanon’s enduring banking crisis that deprived depositors of their savings, topped discussions at Monday’s cabinet meeting, exposing differences among ministers. The session, attended by Central Bank Governor Karim Souaid, was adjourned and will resume Tuesday to ...