The latest escalation between Iran and the United States is creating a new problem for Gulf countries: staying out of the war may no longer be enough to keep them safe. Iranian armed forces have warned Gulf states against providing any assistance to the US military, saying that allowing American forces to use their territory,…
Iran, Oman and Saudi Arabia have stepped up diplomatic efforts to strengthen regional security and maritime cooperation in the strategically vital Strait of Hormuz, as Gulf nations seek to safeguard one of the world’s busiest energy shipping routes. The discussions come amid efforts to maintain stability following months of heightened tensions in the Middle East….
The conflict between the United States and Iran has intensified dramatically after Iran reinforced restrictions around the Strait of Hormuz, prompting a fresh wave of U.S. military action and raising fears of a wider regional conflict and prolonged disruption to global energy supplies. In a major military first, U.S. Central Command (CENTCOM) deployed Corsair unmanned…
Fresh military tensions in the Persian Gulf are sending shockwaves through global shipping markets, with maritime industry groups warning that war-risk insurance premiums have jumped by around 15% following the latest escalation between the United States and Iran. The increase comes after Iran’s Islamic Revolutionary Guard Corps (IRGC) claimed it carried out overnight drone and…
