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US Secretary of State Marco Rubio said Thursday that relations between the United States and its Gulf Arab partners are rock solid, despite fears by some of them that they might be left out of discussions aimed at ending the war with Iran. Rubio used a three-day, three-nation trip to the United Arab Emirates, Kuwait and Bahrain this week to try to convince all the members of the Gulf Cooperation Council that the Trump administration does indeed have their backs in negotiations to end the war President Donald Trump and Israel launched on Feb. 28. That conflict sharply curtailed the region's oil exports and saw several Gulf countries take direct retaliatory Iranian missile and drone hits. "They've shared with us some very concrete concerns, ideas," Rubio said in Bahrain, the last stop on the trip. "And when I say concern, the biggest concern is that they really just want to be informed every step along the way as we enter these negotiations at both the technical and political ...
US Vice President J D Vance has said Iran having an atomic weapon would trigger a "nuclear arms race" worldwide and asserted that the US was "locked and loaded" to restart military operations if Tehran failed to reach a peace deal. Vance's remarks at a press conference at the White House on Tuesday came a day after President Donald Trump put off the decision to resume strikes on Iran at the request of Arab nations, including Qatar and the UAE, who said that Tehran was being "reasonable" in peace talks. "We think the Iranians want to make a deal. The president of the United States has asked us to negotiate in good faith. And that's exactly what we've done," the vice president said. But Vance warned that diplomacy will not come at the cost of Trump's key demand that Iran never obtain a nuclear weapon. "So as the president just told me, we're locked and loaded," Vance said, adding that he had a meeting with Trump before coming to the press briefing. "We don't want to go down that ...
The bling is back, but the war in the Persian Gulf has tarnished the outlook for the luxury watch industry - the ultimate in bling. Starting Tuesday, Geneva hosts the annual "Watches and Wonders" fair, a premiere gathering in an industry eager for a rebound after two years of market contraction, hopefully including sales in oil-rich Gulf Arab countries. The US and Israeli war against Iran that began February 28, however, has had a sweeping impact on the global economy: Driving up energy prices, stalling shipments of fertiliser, disrupting air travel, among other things. High-end watches have not been spared. Soaring prices for precious metals like gold and silver over the last year and US President Donald Trump's Liberation Day tariffs launched a year ago - while down from peak levels - already affected the market. Now, renewed inflation pressures and doubts about consumer confidence are throwing new uncertainty into the market that generates tens of billions of dollars in revenue