#Iran
Many airlines are taking precautionary measures, with flights to Israel, Lebanon, and beyond affected
Brent futures and US West Texas Intermediate (WTI) crude spiked more than 1 per cent amid Iran’s attack on Israel
An estimated 81 flights — operated by the likes of Emirates, British Airways, Lufthansa and Qatar Airways — have been diverted
The UAE’s leaders have sent their messages of condolence along with other world leaders on the death of Iran’s President Ebrahim Raisi
Despite the volatility in the region, oil prices moved only slightly
Iran’s President along with the country’s foreign minister were en route from East Azerbaijan to Tabriz when their helicopter experienced difficulties due to heavy fog
International flights into Iran’s Imam Khomeini International Airport have been cancelled
The service to Lar will commence on September 14
A stronger dollar has also added to headwinds for commodities
The bank raised its third quarter estimate to $130 a barrel
The ship sank near the port city of Assalouyeh
Last month, the 10 OPEC nations in the accord managed only 60 per cent of their stipulated 250,000 barrel-a-day increase
The GCC Supreme Council also urged for the need to accelerate the establishment of a joint customs union and the GCC Common Market
Weapons and explosives from Iran were seized from the accused who are “associated with terrorist groups”, officials said
Foreign Minister Hossein Amirabdollahian will leave for New York on Monday and will meet with representatives of the nuclear deal member-states
Media reports suggested that President Raisi expressed Iran’s sincere desire to strengthen its relations with the UAE
The UK Maritime Trade Operations said there was a “potential hijack” roughly halfway between Iran and the UAE on Tuesday
OPEC+ ministers are due to meet June 1 to consider the state of the market and the group’s production policy
The ban is effective immediately and will last until September 22
Talks between Iran and world powers will continue in Vienna this week to resolve outstanding issues
Some analysts estimate Iran could return to pre-sanctions production of almost 4 million barrels a day in as little as three months
The company is seeking between $7bn and $10bn of five, 10- and 30-year notes
The commercial vessel was slightly damaged in the attack, according to reports
The move follows an escalation in drone and missile attacks by the Houthis on the energy infrastructure and airports of the world’s largest oil exporter
Fujairah International Oil & Gas Corp claims it’s an intermediary seller of the cargo and that it is Iraqi oil
The guard corps took the ship to Bandar Abbas port in Iran
Several weapons and explosives have been confiscated at a house and a farm
Israel and the UAE disclosed on Thursday that they had decided to put aside decades of official animosity in favour of normalising ties
Tehran termed the pact as a strategic mistake
The deal is all about the UAE, Israel and the United States, says Gargash