#Iran

Oil

Oil extends weekly drop as traders weigh more Iranian supply

A stronger dollar has also added to headwinds for commodities

Morgan Stanley raises oil forecasts by $10 citing market deficit

The bank raised its third quarter estimate to $130 a barrel

UAE vessel sinks off Iran coast, all crew rescued – reports

The ship sank near the port city of Assalouyeh

Dwindling OPEC+ spare capacity sets oil up for sizzling summer

Last month, the 10 OPEC nations in the accord managed only 60 per cent of their stipulated 250,000 barrel-a-day increase

Gulf leaders stress need for joint security, approve establishment of GCC Railways Authority

The GCC Supreme Council also urged for the need to accelerate the establishment of a joint customs union and the GCC Common Market

Bahrain says ‘Iran-linked terrorists’ arrested for plotting attack

Weapons and explosives from Iran were seized from the accused who are “associated with terrorist groups”, officials said

Iran says it may hold nuclear talks at UN assembly in New York

Foreign Minister Hossein Amirabdollahian will leave for New York on Monday and will meet with representatives of the nuclear deal member-states

Sheikh Nahyan bin Mubarak Al Nahyan

UAE’s Sheikh Nahyan bin Mubarak meets Iran’s new president in Tehran

Media reports suggested that President Raisi expressed Iran’s sincere desire to strengthen its relations with the UAE

Potential hijack off UAE coast ends as boarders leave vessel

The UK Maritime Trade Operations said there was a “potential hijack” roughly halfway between Iran and the UAE on Tuesday

Oil declines with return of Iranian supply hanging over market

OPEC+ ministers are due to meet June 1 to consider the state of the market and the group’s production policy

Iran bans Bitcoin mining, echoing China, after blackouts

The ban is effective immediately and will last until September 22

Oil surges with Iran saying differences remain on sanctions deal

Talks between Iran and world powers will continue in Vienna this week to resolve outstanding issues

Oil has worst week in over a month with potential Iran return

Some analysts estimate Iran could return to pre-sanctions production of almost 4 million barrels a day in as little as three months

Qatar Petroleum plans $10bn bond sale for gas expansion

The company is seeking between $7bn and $10bn of five, 10- and 30-year notes

Israeli ship attacked off UAE coast – reports

The commercial vessel was slightly damaged in the attack, according to reports

Saudi Arabia proposes Yemen peace plan amid oil attacks

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 claims US seized Iraqi oil headed to China

Fujairah International Oil & Gas Corp claims it’s an intermediary seller of the cargo and that it is Iraqi oil

Iran seizes ship, ramps up nuclear enrichment

The guard corps took the ship to Bandar Abbas port in Iran

Saudi weapons

Saudi busts ‘terrorist cell’ trained by Iran’s Revolutionary Guards

Several weapons and explosives have been confiscated at a house and a farm

Israel asks UAE Crown Prince to visit as peace moves intensify

Israel and the UAE disclosed on Thursday that they had decided to put aside decades of official animosity in favour of normalising ties

UAE summons Iranian envoy over denunciation of Israel deal

Tehran termed the pact as a strategic mistake

Anwar Gargash, Minister of State of Foreign Affairs

UAE says pact with Israel not about confronting Iran

The deal is all about the UAE, Israel and the United States, says Gargash

Kuwait Airways

Kuwait issues guidelines to permit entry of people from banned countries

Last week, the cabinet agreed to resume flights from Kuwait International Airport in three phases

Iran missile that downed Ukraine jet fired ‘without permission’

Iran has sent the aircraft’s black boxes to France for analysis after months of delay

Saudi says three Iranian boats forced to retreat after entering its waters

Border Guard officials said they were forced to fire warning shots at the boats

Missiles in 2019 Saudi oil attacks came from Iran, UN says

Missiles and a swarm of drones set off fires at the crude processing plant in Afif in May 2019, causing extensive damage and causing a spike in global oil prices

Flydubai operates 23 repatriation flights, plans up to 10 more over the next week

The flights operated to Afghanistan, Croatia, Egypt, Iran, Russia, Sudan, Somaliland and Thailand

Saudi crown prince says focus on “end not means” of reforms, hints at Israel cooperation

Mohammed bin Salman was speaking to Time magazine for an April cover story

Iran to sell more than 300,000 bpd to Europe

The country signed a 160,000 bpd deal with France’s total over the weekend

Lifting of Iran nuclear sanctions: Which sectors will benefit?

Several industries in Iran will see increasing investment