India secured a 10-year Chabahar Port deal with Iran, bypassing Pakistan's Gwadar. The investment totals $370 million. The move strengthens regional ties and enhances trade routes amid escalating tensions.
Middle East
Delta Air Lines Strikes Deal With Riyadh Air to Operate Flights Between US and Saudi Arabia
Delta Air Lines and startup Riyadh Air have entered into a partnership to connect the US and Saudi Arabia with regularly operated flights.
Iraqi Militias Attack KFC, US Businesses in Protest of Gaza War
Iraqi militias are targeting US businesses such as KFC in protest to the Gaza war. Supporters of Islami Jamiat-e-Talaba (IJT), a student wing of Pakistan's Jamaat-e-Islami (JI) party stage a pro-Palestinian protest outside a Kentucky Fried Chicken (KFC) restaurant calling for boycott of Israeli products on the outskirts of Islamabad on May 7, 2024, amid the ongoing war between Israel and the militant Hamas group in the Gaza Strip.
Two Texan Men Get More Than 3 Years in Prison for Conspiracy to Sell Iranian Oil to China
Two Texas men were sentenced to 45 months in prison for trying to sell Iranian oil to a refinery in China in violation of US sanctions.
Israel Lifts Gaza Food Sales Ban as Government Faces Condemnation Over Rafah Airstrikes: Report
Israel has recently lifted its ban on food sales to Gaza from the country and the occupied West Bank.
Latest News
Chinese companies won five more bids to explore and develop oil and gas fields in Iraq. Chinese companies won five more bids for licenses to explore and develop oil and gas fields in Iraq as the hydrocarbon exploration licensing round of the Middle Eastern country entered its second day.
Despite the Biden administration's pause on one bomb shipment and review of others due to concerns over potential civilian casualties, Israel is still set to receive US weaponry worth billions of dollars.
Red Sea container shipping is experiencing increased disruption, according to Maersk, which predicts that capacity between Asia and Europe would be reduced by up to 20% in the second quarter.
Israel is "unaware" of any US decision to halt a supply of ammunition to Israel, an Israeli source said.
The European Union has recently unveiled a substantial aid package of 1 billion euros, approximately $1.06 billion, aimed at addressing the challenges faced by Lebanon.
Visitors to Dubai's Arabian Travel Market (ATM) will have the opportunity to meet, interact, and engage with the second generation of the world's first AI-powered cabin crew.
Dubai announced that construction had begun on a new terminal at Al Maktoum International Airport, which the Gulf emirate's ruler claimed will be "the world's largest."
Yemen's Houthi group claimed responsibility for the attack on the MSC Darwin ship in the Gulf of Aden and the launch of missiles toward the Israeli city of Eilat.
The World Bank warns that escalating conflicts in the Middle East could push oil prices over $100 a barrel, potentially increasing the recent decline in global inflation and worsening economic challenges worldwide.
