The United States carried out another round of strikes across Iran on Friday while attacks on Saudi oil tankers in the Red Sea heightened concerns over the security of two of the world’s most important maritime trade routes. The latest developments come as military operations continue across multiple fronts and
The intersection of traditional finance and blockchain technology took another step forward this week as Mubadala Capital, the asset management arm of Abu Dhabi’s sovereign wealth ecosystem, announced a tokenized version of one of its private markets funds in partnership with Coinbase and tokenization infrastructure provider KAIO. The initiative enables
A landmark civil nuclear agreement could reshape energy cooperation, nonproliferation policy and Middle East diplomacy—but key questions over enrichment, oversight and regional security remain unresolved. The United States and Saudi Arabia have signed a landmark civil nuclear cooperation agreement intended to place American companies at the center of the Kingdom’s
As U.S. strikes intensify and regional armed groups widen the conflict, governments face mounting threats to global shipping, energy markets and economic stability. Conflict Enters a More Dangerous Phase The United States has launched another round of strikes against Iran following deadly attacks on American forces, further escalating a conflict
The Abu Dhabi project will pair 5.2GW of solar with 19GWh of battery storage in an ambitious effort to deliver 1GW of continuous renewable electricity. ABU DHABI — Masdar has reached financial close on a $6.1 billion solar and battery storage project in Abu Dhabi designed to deliver renewable electricity
Trump’s abandoned Hormuz toll proposal underscores a larger reality: control of the world’s strategic maritime arteries is becoming one of the defining geopolitical and defense challenges of the 21st century. A Proposal That Revealed a Bigger Trend Donald Trump’s proposal to charge vessels for transiting the Strait of Hormuz lasted
WASHINGTON — President Donald Trump has dramatically reversed course on his proposal to charge ships transiting the Strait of Hormuz, abandoning a plan announced just 24 hours earlier that would have imposed one of the most sweeping new levies ever proposed on global maritime commerce. In a lengthy post on
The latest American strikes mark a sharp escalation in the renewed fight over the Strait of Hormuz, with Iran responding by targeting U.S.-aligned Gulf states. A New Round of U.S. Strikes The United States carried out a new wave of strikes inside Iran this week, deepening a military confrontation that
The attack near Oman came as Tehran warned it could abandon negotiations with Washington, adding new uncertainty to efforts to contain maritime escalation. A commercial tanker was struck by an unknown projectile near the Strait of Hormuz, setting off a fire and sharpening concerns over the stability of U.S.-Iran talks
The war’s economic shock has rippled through global energy, food, fertilizer, and shipping markets. But inside Iran, the frontlines are now households, markets, and vulnerable communities bearing the cost of both conflict and government failure. The ceasefire between Iran, Israel, and the United States has eased some of the immediate
