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The Latest Breaking News from Gulf

Caribbean and Gulf of Mexico beaches swathed in record levels of seaweed

Swaths of sargassum are blanketing the Caribbean and Gulf of Mexico, suffocating shorelines and snuffing out marine life while spooking visitors in areas that depend heavily on tourism

The Independent UK

Trump says Iran attacks could continue for weeks: ‘We just want to win’

President Donald Trump has signaled that attacks on Iran could continue for weeks, further diminishing hopes for a quick deal to end the conflict. At a Cabinet meeting at Camp David on Friday, Trump was asked how the US can revive the ceasefire after relentless attacks by both sides over…

The Independent UK

China Helps Iran

Plus: Baby bust affects college enrollment, migrants flood into Spain, I'm writing a book, and more...

Reason

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Oil Price Today (July 31): Crude oil extends fall to $88. What’s behind the decline amid Iran war?

Saudi Arabia is seeking to spearhead a coalition to enhance defense cooperation in the Bab El-Mandeb Strait, the Red Sea and the Gulf of Aden. The Saudi defense ministry said 14 countries, including Turkey, Pakistan, Egypt, Sudan and Djibouti, had issued a joint statement backing the proposed maritime security alliance.

The Economic Times

Qatar Turned To U.S. Gas As Hormuz Closed. Emergency LNG Purchases Reached About $1 Billion

QatarEnergy's emergency purchases highlight how geopolitical conflict is reshaping global LNG trade, with U.S. exporters stepping in as buyers seek alternative supplies during one of the biggest disruptions to Gulf energy flows in years.

International Business Times

Pakistan says US-Iran talks still alive despite fresh wave of US strikes

The renewed fighting has widened fears of a broader regional conflict, with Egypt hit for the first time and Gulf states scrambling to secure key shipping routes.

France 24

Mapped: All of the countries dragged into Trump’s war in Iran

IN FOCUS: The war has spread across the Middle East, with unprecedented disruption to global oil supplies and Gulf states being targeted by Tehran. Maira Butt looks at how the war has dragged in countries on several continents

The Independent UK

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India bonds slip on Fed uncertainty, war worries

On Thursday, Indian government bonds faced a decline for the third consecutive day. The rise in U.S. Treasury yields dampened enthusiasm for Indian debt instruments, while escalating geopolitical tensions from the Gulf region further affected market dynamics. Additionally, concerns about the Federal Reserve's ambiguous interest rate plans placed additional strain…

The Economic Times

Can China restrain Iran? Gulf states test Beijing's influence

Gulf Arab states are seeking China's economic influence over Iran to secure vital shipping lanes. They are frustrated with Washington's perceived limits of power in the escalating regional conflict. China's role as a major trading partner presents both opportunities and sensitivities for Beijing. Beijing is cautiously engaging in diplomacy to…

The Economic Times

Copper slips ahead of Fed rate decision, aluminium rises on Gulf fighting

Copper prices faced a downturn due to cautious trading leading up to the Federal Reserve's imminent interest rate decision. The easing of supply constraints in China added further downward pressure on both copper and zinc. Conversely, aluminium experienced an uptick as escalating conflicts in the Middle East raised supply concerns.

The Economic Times

Iraq eyes supplying Turkey with 1 million oil barrels a day amid Hormuz crisis

Iraqi Prime Minister Ali Zeydi visited Ankara for his first talks with Erdoğan since taking office, offering to supply Turkey with 1 million barrels of oil per day as Ankara seeks to reduce its dependence on disrupted Gulf routes.

Euronews

Euro zone bond rally ends as oil surge, Fed decision weigh on investors

European bond markets have largely tracked developments in the Gulf conflict since hostilities began in late February, with movements in energy prices playing a key role in shaping investor sentiment. Market participants are closely monitoring whether a sustained rise in oil prices could fuel broader inflation pressures and prompt central…

The Economic Times

India bonds tiptoe along ahead of Fed meet; oil prices weigh

Indian government bonds traded range-bound early Wednesday as investors awaited the Fed's rate decision. Oil prices climbed, reviving concerns about the Gulf conflict and global economic impact. The Reserve Bank of India's policy decision is due next week, with rates expected to remain unchanged. India's financial conditions have tightened recently…

The Economic Times

Hormuz Strait closure could fuel unprecedented spread of invasive species in Gulf region, scientists warn

Such organisms may act as ‘reservoirs and vectors’ for marine parasites and pathogens, study warns

The Independent UK

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The Guardian - UK

Ships stuck in strait of Hormuz pose ‘super-spreader’ biodiversity threat, scientists warn

Biologists say cargo ships stranded in Gulf may carry highly potent invasive species around the world as trade resumes

France 24

Oman presents Iran with Gulf-backed plan to ease Strait of Hormuz tensions

Oman has presented Iran with a Gulf-backed proposal to jointly manage the Strait of Hormuz, including a system of voluntary fees for ships using the strategic waterway, according to a Gulf source and a Western diplomat. The plan aims to provide a framework for restoring stable shipping through the strait…

International Business Times UK

Oman Pitches Iran Voluntary Fee Plan for Hormuz Ships Modelled on Malacca Strait System

Oman suggests voluntary fees for ships using the Strait of Hormuz, aiming to ease tensions and stabilise oil markets. The proposal mirrors the Malacca model, but Iran's agreement is crucial.

International Business Times

Iran Wants To Charge Fees For Passage Through The Hormuz Strait. Some Gulf Countries Back a Voluntary Scheme

Gulf states have backed a proposal that would allow Iran to charge fees to vessels going through the Strait of Hormuz if the payments are made voluntarily.

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The Economic Times

War? What war? Aluminium's Gulf disruption premium vanishes

Despite the Iran conflict disrupting more than 2 million metric tons of aluminium supply, prices have retreated to pre-war levels as markets bet that higher exports from China and Indonesia will offset Gulf production losses. However, rising physical premiums in Europe and Japan suggest supply concerns remain unresolved.

The Economic Times

India's January to June rice exports climb 5% as non-basmati shipments rise, sources say

India's rice exports grew five percent in early 2026, driven by non-basmati shipments. Higher demand from African nations boosted non-basmati rice exports significantly. Basmati rice exports saw a decline due to trade disruptions with Gulf markets. Corn exports surged four hundred percent, and wheat exports also increased substantially. These export…

Fortune

Jeff Zucker sees the UAE as key to his new $8 billion entertainment empire

The $8B Banijay-All3Media merger has created a global media and entertainment powerhouse—and Jeff Zucker believes the Gulf has a starring role to play.

Fortune

'The UAE has been a fantastic investor': Jeff Zucker hails UAE partnership after Banijay merger

In this week’s Fortune Gulf Brief.

The Times of India

In 1964, Florida began building a canal across the state. The $110 million project failed but created an unexpected legacy

Across central Florida, long stretches of forest, quiet waterways and walking trails follow a route that was never supposed to look this way. Beneath the trees lie the remains of one of the state's most ambitious engineering schemes, a canal that was intended to cut directly across the peninsula and…

The Economic Times

LVMH sales rise as US luxury demand offsets Europe slowdown, Iran War impact

Luxury giant LVMH saw quarterly sales increase, boosted by strong United States demand. This growth helped offset weaker spending in Europe and the Gulf region. The fashion and leather goods division posted its first quarterly increase in two years. However, overall results may not fully reassure investors about the sector's…

Radio France Internationale

Iran halts retaliatory strikes as US gives diplomacy 'more room'

Iran and the United States have paused their attacks, offering Gulf shipping and global oil markets a respite after weeks of escalating strikes around the Strait of Hormuz.

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