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Large ship on fire at sea with dark smoke rising
News

Four Tankers on Fire in Strait of Hormuz, Iran Says

Iran's Revolutionary Guard says four vessels have caught fire after striking naval mines in the Strait of Hormuz while travelling on routes Tehran considers unauthorised.
A cargo ship sailing through calm waters near the Strait of Hormuz
Business

Gulf fertiliser exports drop 75% as Hormuz closure tightens supplies

Fertiliser exports from the Gulf have fallen by up to 75 per cent as shipping through the Strait of Hormuz remains disrupted, tightening global supplies and raising food inflation warnings.
A cargo ship sailing on calm water towards the horizon at dusk
Business

UK Chancellor John Healey's first budget targets energy bills and household costs

Britain's Chancellor set out his first budget on Wednesday, pairing a £100 payment for 20 million households with plans to bring down energy bills.
A calm harbour on the Omani coast with traditional dhows and rugged mountains in the background
News

Oman's foreign minister proposes a Gulf security pact that includes Iran

Badr Al Busaidi wants Gulf states, Iran, Iraq and Yemen to cooperate on security and the economy, citing a 1976 Muscat meeting as precedent.