Trump’s Iran ‘economic D-Day’ threat sends oil prices above $94 In a Truth Social post, the president threatened that any country that provides a financial lifeline to Iran will face "tremendous economic consequences." Iran
Explainer Iraq seeks special Hormuz access from Iran in scramble to keep oil flowing As Iran's parliament speaker holds talks in Baghdad, Iraq has asked Tehran for special consideration for its oil exports. Iraq
Newsletter: Daily Briefing Iran warns Gulf states against assisting US Netanyahu yields to Trump on Gaza; Turkey slams Israel's 'untenable' claims after strikes on Syrian base; and more. By Ezgi Akin In Ankara, reporting on diplomacy, EU-Turkey ties, NATO
UAE halts all trade ties with Iran after missile attack The incident follows the UAE blaming Iran for strikes on ADNOC vessels in the Strait of Hormuz. United Arab Emirates
Newsletter: FutureVerse Coinbase joins UAE crypto rush By Samuel Wendel In Washington, DC, reporting on regional business and tech
EU wants COP28 host UAE to contribute to climate fund: report The Bloomberg report comes ahead of the annual UN climate change conference that will kick off in Dubai later this month. The UAE is working to address climate change while also remaining committed to oil and gas. Legacy: Gulf
EU says UAE will restrict certain re-exports to Russia amid Ukraine war The United Arab Emirates has agreed to restrict the re-exportation to Russia of "dual-use" items used for its war in Ukraine, and Turkey is reportedly considering a similar measure. United Arab Emirates
Emirates Group posts record $2.7B half-year profit as Gulf travel recovers Gulf airlines have largely recovered from the COVID-19 pandemic, though the war in Gaza could threaten tourism in the region. Legacy: Gulf
What the Gulf states new unified visa means for Saudi, UAE, other citizens The new Schengen-like visa — allowing seamless travel between members Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates — will be introduced during 2024-25. Legacy: Gulf
Analysis Inside ADNOC's and Carbon Clean's plan to capture CO2 on mass scale The British company's new project with the UAE energy major is hoping to address those skeptical about the cost, efficacy and viability of carbon dioxide capture as a climate solution. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
UK sanctions UAE network accused of helping Russia make gold profits The new sanctions announced by the UK Foreign Ministry target 29 individuals and companies operating in and supporting Russia’s gold, oil and strategic sectors. United Arab Emirates
US sanctions UAE, Turkey, China firms for allegedly aiding Russia in Ukraine The move targets the development of Russia’s defense and technology sectors and aims to weaken it in its war against Ukraine. United Arab Emirates
COP28 host UAE, EU and US call for agreement to triple renewables by 2030 Barbados, Chile, Kenya, Micronesia, the International Energy Agency and the International Renewable Energy Agency also support the move. United Arab Emirates
Saudi Aramco, QatarEnergy, UAE’s Emirates among Fortune Arabia top 10 The list of 500 companies from 22 Arab countries posted around $1.6 trillion in revenues in 2022, yielding a net profit of $343 billion. Saudi Arabia
Drones can help fight climate change, says Abu Dhabi environment agency The government department is looking to plant 10 mangroves in Abu Dhabi for every visitor to the COP28 climate conference in Dubai in November. United Arab Emirates
Achieving consensus at COP28 will be test of UAE’s diplomatic skills The violence between Israel and the Palestinian militant group Hamas could complicate the effort to achieve a consensus agreement on tackling the climate emergency at the forthcoming climate summit in the United Arab Emirates. Kate Dourian In Dubai, reporting on energy
COP28 could allow oil industry to form coalition to cut emissions: TotalEnergies TotalEnergies CEO and chairman Patrick Pouyanne said that national oil companies as well as public and private ones must join the group. United Arab Emirates