Tehran, which has repeatedly declared that only its approved route through the strait is safe, is suspected of attacking other ships that have used another route close to the Omani shore.
July 7, 2026GovernmentBusinessSafetyFuelLogistics
Qatar Gas Terminal Explosion Could Further Shake Markets
The scale of the damage remains unknown after the blast. Qatar's Interior Ministry said 13 people were killed.
June 22, 2026GovernmentBusinessFuel
UAE Says It Will Leave OPEC May 1 in Blow to Oil Cartel
The move has been rumored for some time as the UAE chafed under production restrictions and increasingly had frostier relations with neighboring Saudi Arabia.
April 28, 2026BusinessFuel
Saudi Aramco Beats Expectations With $26.9 Billion Profit
Aramco's results serve as a bellwether for the wider oil industry, which is still digesting the OPEC+ decision to halt planned production increases in Q1 of next year over supply worries.
November 4, 2025GovernmentBusinessTechnology
Elon Musk Says He’ll Still Be Tesla CEO in 5 Years
Elon Musk said May 20 he’s committed to being CEO of Tesla in five years’ time as the automaker faced consumer and stock price pressure over his work with President Donald Trump’s government.
May 20, 2025BusinessFuel
Aramco Q3 Profit Down 15% Year Over Year
DUBAI, United Arab Emirates — Saudi Arabian oil giant Aramco reported third-quarter profit of $27.5 billion on Nov. 5, down about 15% from last year as low oil prices ate into its revenue.
November 5, 2024GovernmentBusinessSafetyFuel
29 Mariners Rescued From Oil Tanker Hit in Red Sea Attacks
DUBAI, United Arab Emirates — A French destroyer rescued 29 mariners from an oil tanker that came under repeated attack in the Red Sea, officials said Aug. 22.
August 22, 2024GovernmentBusinessSafety
Houthis Resume Red Sea Attacks After Two-Week Pause
DUBAI, United Arab Emirates — A missile attack by Yemen’s Houthi rebels struck a Liberian-flagged containership traveling through the Gulf of Aden, authorities said Aug. 4.
August 5, 2024GovernmentBusinessSafetyLogistics
Containership Hit Far in Arabian Sea; Houthis Claim Attack
JERUSALEM — A containership came under attack by a drone in the far reaches of the Arabian Sea, corresponding with a claim by Yemen’s Houthi rebels that they assaulted the ship there.
April 30, 2024BusinessSafetyLogistics
Attack by Yemen’s Houthi Rebels Targets a Ship in Red Sea
DUBAI, United Arab Emirates — An attack by Yemen’s Houthi rebels targeted a tanker in the Red Sea early March 15 but the ship’s crew was unharmed, authorities said.
March 15, 2024