World Jul 17, 2019

U.S. fears Iran seized UAE-based tanker in Strait of Hormuz

A small oil tanker from the United Arab Emirates traveling through the Strait of Hormuz entered Iranian waters and turned off its tracker two days ago, leading the U.S. to suspect Iran seized the vessel amid heightened tensions in the region, an American defense ...

Damaged tankers reach safe waters after Persian Gulf attacks

World Jun 17, 2019

Damaged tankers reach safe waters after Persian Gulf attacks

Two damaged tankers arrived safely Sunday at locations off the Emirati coast after they were rocked by explosions in Gulf waters, in an incident Saudi Arabia blamed on its regional arch-rival Iran. The Japanese-owned Kokuka Courageous was carrying highly flammable methanol through the Gulf of ...

Initial U.S. assessment blames Iran for ship attacks: official

World May 14, 2019

Initial U.S. assessment blames Iran for ship attacks: official

An American military team's initial assessment is that Iranian or Iranian-backed proxies used explosives Sunday to blow large holes in four ships anchored off the coast of the United Arab Emirates, a U.S. official said Monday. The official said each ship has a 5- to ...

Gulf powers promise Sudan $3 billion in latest bailout for ally

Business Apr 22, 2019

Gulf powers promise Sudan $3 billion in latest bailout for ally

Oil-rich Saudi Arabia and the United Arab Emirates have just written another check to bail out their latest troubled ally. The Gulf nations on Sunday pledged $3 billion to Sudan after longtime President Omar al-Bashir was toppled this month. In a statement, they said they'll ...