3 results for "Gulf Cooperation Council"

UAE Reportedly Set to Unfreeze Billions in Iranian Oil Revenues Amid Regional De-escalation Efforts

Reports claim the UAE agreed to unfreeze billions in Iranian oil revenues to halt attacks, amid advancing Iran-US peace talks; official UAE denial follows.

By Editorial Team — June 13, 2026

Business

US Military Downs Four Iranian Drones in Strait of Hormuz Amid Rising Regional Tensions

US forces intercepted Iranian kamikaze drones threatening maritime routes in the Strait of Hormuz and struck radar installations to prevent further attacks amid rising Gulf tensions.

By Editorial Team — June 6, 2026

Business

UAE Conducted Covert Strikes on Iran Amid Rising Regional Tensions and Economic Risks

The UAE has secretly conducted military strikes against Iran, marking a strategic shift amid rising Gulf tensions that impact regional stability and global economic interests.

By Editorial Team — May 12, 2026