Kuwait

Location · 555 published stories · 106 outlets · All places

Trump: Iran 'completely collapsing' as Treasury Sec. discusses 'economic D-Day'

US Treasury Secretary Scott Bessent announced a new campaign of secondary sanctions dubbed Operation Economic Outcast, aiming to sever Iran's global financial ties nearly six months into the conflict. President Trump declared Iran 'completely collapsing' as the measures target oil revenues, digital assets and trading partners. Iranian officials rejected the steps as ineffective and vowed preparedness to counter them.

1 outlet · 1 article 2d ago

India could gain greater strategic leverage through SCO: Report

As the Shanghai Cooperation Organisation marks its 25th anniversary at a summit in Bishkek, a report suggests India views the bloc as a platform for strategic leverage across Eurasia. Meanwhile, expectations are growing for a significant bilateral meeting between Indian Prime Minister Narendra Modi and Chinese President Xi Jinping, with the SCO summit serving as a prelude to a fuller engagement in New Delhi.

2 outlets · 2 articles 3d ago

Crude Prices Supported by Dollar Weakness and Middle East Tensions

September WTI crude oil climbed 1.67% on Tuesday, buoyed by a weaker dollar and persistent Middle East supply disruptions, while gasoline prices slipped. The UAE's decision to cut economic ties with Iran and renewed Israeli strikes heightened concerns, though OPEC production increases and rising US inventories tempered gains. IEA head Fatih Birol warned the Strait of Hormuz crisis has caused long-term damage to energy markets.

2 outlets · 2 articles 6d ago

Iran warns Gulf nations against helping US as UAE halts trade ties

Iran's armed forces warned Gulf countries on Wednesday against assisting the U.S. military, hours after the United Arab Emirates announced it was halting all trade and financial dealings with Iran following an alleged missile attack. The UAE accused Iran of firing two ballistic missiles at its territory on Tuesday, a claim Tehran denied. The escalation comes amid a broader U.S.-Iran conflict centered on the Strait of Hormuz, with oil prices rising above $90 per barrel.

7 outlets · 8 articles Aug 19