The merger would combine major studios and networks such as CNN and CBS, enabling them to compete more aggressively as streaming draws audiences away from traditional linear TV
Amid rising Iran tensions, Gulf nations are reportedly exploring pipelines and new trade corridors to reduce dependence on the Strait of Hormuz
A drone maker backed by President Donald Trump's two oldest sons is trying to sell to Gulf countries while they are under attack by Iran and dependent on the US military led by their father. The sales drive by Florida-based Powerus which announced a deal last month to bring aboard Eric Trump and Donald Trump Jr. positions the company to potentially benefit from a war that their father began. "These countries are under enormous pressure to buy from the sons of the president so he will do what they want," said Richard Painter, a former chief White House ethics lawyer under President George W. Bush. "This is going to be the first family of a president to make a lot of money off war - a war he didn't get the consent of Congress for." Powerus co-founder Brett Velicovich told The Associated Press that the company is making sales pitches that include drone demonstrations in several Gulf countries to show how its defensive drone interceptors could help them ward off Iranian attacks. "Ou
Authorities in Dubai confirmed they were responding to a drone attack on a Kuwaiti oil tanker in Dubai waters and that maritime firefighting teams were working to bring the fire under control
Gulf allies of the United States, led by Saudi Arabia and the United Arab Emirates, are urging President Donald Trump to continue prosecuting the war against Iran, arguing that Tehran hasn't been weakened enough by the monthlong US-led bombing campaign, according to US, Gulf and Israeli officials. After private grumbling at the start of the war that they were not given adequate advance notice of the US-Israeli attack and complaining the US had ignored their warnings that the war would have devastating consequences for the entire region, some of the regional allies are making the case to the White House that the moment offers a historic opportunity to cripple Tehran's clerical rule once and for all. Officials from Saudi Arabia, United Arab Emirates, Kuwait and Bahrain have conveyed in private conversations that they do not want the military operation to end until there are significant changes in the Iranian leadership or there's a dramatic shift in Iranian behaviour, according to the
Iran's Parliament Speaker Mohammad Baqer Qalibaf wrote on X that critical infrastructure and energy facilities in West Asia could be "irreversibly destroyed" should Iranian power plants be attacked
Arab Gulf states reported new missile and drone attacks Sunday after Iran threatened to widen its campaign as the war in the Middle East entered its third week. Israel and the United States attacked Iran on Feb. 28, saying they were striking nuclear and military sites and encouraging the Iranian people to rise against their leaders. Iran has responded with attacks against Israel and neighbouring Gulf states. The war, which shows no signs of ending soon, has upended global air travel, disrupted oil exports from the region and sent fuel prices rising across the world. Bahrain, Saudi Arabia and the United Arab Emirates warned residents on Sunday that they were working to intercept incoming projectiles, a day after Iran called for the evacuations of three major UAE ports, threatening for the first time a neighbouring country's non-US assets. Iran earlier accused the US of using "ports, docks and hideouts" in the UAE to launch strikes on Kharg Island, home to the main terminal handling .
Before the war, about 80 oil and gas tankers crossed the strait daily, moving roughly 20 million barrels; Now, shipping has plunged, with barely one or two vessels able to pass each day
Iran's parliament speaker said Thursday that any invasion of Iran's islands will "make the Persian Gulf run with the blood of invaders." It wasn't immediately clear what prompted Mohammad Bagher Qalibaf's comments, which again escalated the rhetoric surrounding the ongoing Iran war. Iran holds three islands it took from the United Arab Emirates before its formation in 1971. There also has been speculation that the United States could target Kharg Island in the Persian Gulf, Iran's main oil terminal.
Rising tensions in West Asia are slowing recruitment of Indian workers to Gulf countries, potentially delaying over 300,000 overseas job placements in the coming months
For oil analysts, executives and traders, that has meant ever-louder warnings that the war is bringing crude to a tipping point, and closer to the psychological $100-a-barrel threshold
As the Israel-Iran conflict escalates, India's deep trade, energy and remittance links with West Asia highlight the economic stakes
Airfares between India and the West Asia have jumped three to four times as airlines face steep war-risk insurance premiums, higher ATF prices and severe operational disruptions
Rising West Asia tensions disrupt Dubai's booming destination wedding season, leaving Indian families stranded and millions in bookings on hold
As tensions rise in West Asia, disruptions at major oil and gas hubs are shaking global energy markets, highlighting how deeply the world depends on the region's powerful producers
The Embassy of India in Kuwait, in a post on X, said it remains 'fully engaged' in assisting Indian nationals affected by the disruption
Iran-Israel conflict: Rising tensions in West Asia put India's oil supplies, trade routes and millions of workers in Gulf nations at risk, raising concerns over remittance flows and safety
The Centre is fully prepared to bring back Indians stranded in the Gulf region and is in touch with Indian missions abroad to ensure their safety, Union Minister Pralhad Joshi said on Monday. In a statement, Joshi said discussions have been held with senior officials of the concerned embassies to facilitate the safe return of those affected by the war situation. "Whenever Kannadigas and other Indians face distress anywhere in the world, the Central Government has ensured their safe return. Earlier, we brought back those stranded in Ukraine. Wherever Indians are, their safety remains our first priority," he said. Joshi said information has been received about Kannadigas facing hardship due to the severity of the IranIsrael conflict, and urgent consultations have been held with senior ministers to take necessary measures for their protection. Reassuring anxious families, the Minister said there was no need to panic and that the government is committed to bringing back all Indians ...
An association of Indian rice exporters on Sunday advised its members to avoid new 'cost, insurance and freight' commitments to Iran and Gulf destinations, amid deteriorating geopolitical situation in West Asia and possible restrictions on shipping through the Strait of Hormuz. 'Cost, insurance, and freight' (CIF) is a shipping agreement that ensures a seller covers the costs, insurance, and freight of a buyer's order when cargo is transported via a waterway. The advisory comes after the US and Israel launched a major attack on Iran on February 28, with Iranian Supreme Leader Ayatollah Ali Khamenei killed early on Sunday. The Indian Rice Exporters Federation (IREF) asked its members to conclude sales on free-on-board (FOB) terms, wherever feasible, so that freight, insurance and related risks remain with the international buyer. The organisation said that developments in Iran and the United Arab Emirates could have an immediate impact on bunker (supplying fuel to ships) prices and
Qatar, UAE, Kuwait, Israel and Iran imposed airspace restrictions as airlines suspended, cancelled or rerouted flights across the Gulf region following escalating military action