The UAE is leaving OPEC due to the war with Iran and disagreements with allies. This decision will weaken the cartel and help the US lower global oil prices.
Paramount is raising $24 billion from Arab funds to acquire Warner Bros. Discovery. The foreign stake in the company could reach 49.5%.
The US condemned Iran's election as vice president of the UN nuclear conference. Tehran called the allegations groundless and accused Washington of exerting pressure.
Ukraine and Latvia have signed an agreement on mutual recognition of driver's licenses without exams. This is the sixth such agreement, important for Ukrainians abroad due to the war.
193 Ukrainian soldiers were released from Russian captivity, some of whom were held in Chechnya. The fighters are being provided with medical assistance.
New restrictions cover 20 banks, 46 shadow fleet vessels, and digital ruble operations. Companies from China and the UAE were sanctioned for assisting the military-industrial complex.
US partners in Asia and the Persian Gulf need dollar liquidity. The UAE may receive separate support to stabilize financial markets.
An Iranian boat fired upon the container ship Epaminondas in the Strait of Hormuz. The vessel remains under the captain's control, and the crew, including Ukrainians, was unharmed.
The IRGC will attack the oil facilities of its neighbors if their land is used to attack Iran. The fields of the UAE, Saudi Arabia, and other countries are under threat.
Iraqi groups attacked Kuwait airport and facilities in the Persian Gulf. The US warns of new attacks.
Zelenskyy announced a Drone Deal to protect infrastructure and export weapons. Agreements have already been reached with three countries, and 11 more states have expressed their interest.
The Bureau of Economic Security has opened cases against 5 airlines, interpreting aircraft leasing as royalties. This contradicts international conventions and practice.
Zelenskyy announced 10-year agreements with 11 countries on arms export and joint production. Ukraine is also expanding cooperation with EU and Caucasus countries.
Due to the underproduction of 500 million barrels of oil, the global market lost $50 billion. The Persian Gulf countries and the aviation industry suffered the biggest losses.
Pakistani vessel Shalamar transported 450,000 barrels of oil from the UAE after the start of the American blockade. Movement through the strait remains critically restricted.
The State Tax Service (STS) under the leadership of Tetiana Kiriyenko enabled the Bureau of Economic Security (BES) to equate aircraft leasing with royalties and open cases against airlines. This threatens double taxation, losses for airlines, and the complete destruction of the civil aviation industry.
The IRGC bought the TEE-01B device to monitor military facilities in the Middle East. China denies the deal and threatens countermeasures in case of new sanctions.
The IEA predicts a reduction in oil consumption due to the blockade of the Strait of Hormuz and rising prices. Supplies have fallen by 9%, and Asia is already experiencing a shortage of raw materials.
Wang Yi stated the harm caused by the blockade of the Strait of Hormuz to the global community. Beijing calls for maintaining the fragile ceasefire between the US and Iran.
The BEB (Bureau of Economic Security) is persecuting airlines, believing that aircraft leasing operations should be taxed as royalties. Experts consider such fiscal pressure unfounded and emphasize a flawed interpretation of the legislation.
Rustem Umerov reported on the requests of Gulf countries and others for Ukrainian expertise, including in air defense and maritime security. Deeper security agreements with partners in Europe are also being prepared.
The US begins intercepting ships in the strait after the failure of negotiations in Islamabad. Naval forces will ensure the route is open for tankers.
Three VLCC class oil tankers passed through the strait thanks to peace talks. The vessels Serifos, Cospirl Lake, and He Rong Hai are heading to Asia.
Donors have provided less than $1 billion of the promised $17 billion for Gaza's reconstruction. The enclave's reconstruction plan is in jeopardy due to a severe funding shortage.
The BEB (Bureau of Economic Security) accuses air carriers of tax evasion on aircraft leasing, ignoring international conventions. This undermines trust in Ukraine as a partner and threatens to destroy the civil aviation industry.
The number of vessels in the strait has decreased from 140 to 7 per day. Global oil supplies have fallen by 20 percent due to the blocking of tankers in the Persian Gulf.
The cost of Brent and WTI has risen again. Tankers are not resuming transit through the Strait of Hormuz due to risks.
The head of Chechnya denied rumors about sending troops to Iran to fight Americans. He does not support Iranian strikes on Arab civilian targets.
Tehran has set a fee of $1 per barrel of oil for vessels. Payment in cryptocurrency is intended to protect transactions from tracking and sanctions.
Despite a two-week ceasefire agreement, Iran, as Tehran stated, was attacked at a refinery on Lavan Island, and Kuwait reported 31 drones. Israel continues airstrikes on Lebanon.
