Saudi Arabia warned of a “hostile aerial threat” and issued a string of emergency alerts across the kingdom overnight, including the first alert in its capital since an escalation in fighting with Iran-backed rebels in neighboring Yemen. Meanwhile, Iran’s state TV said a man was executed after being convicted on charges of spying for Israel. Israeli strikes killed
The 2026 economy has created a new throng of one-day millionaires, businesses raking in seven-figure sums in 24 hours or less. That includes teams at AI frontier labs like Anthropic, who are seeing monthly revenue top $500 million from just a single client’s Claude spending, one consultancy reported. That’s nearly $17 million per day. Outside
Two sailors are missing and 23 others have been rescued following an attack on an oil tanker in the Strait of Hormuz, Oman says. Oman’s Maritime Security Centre said the Panama-flagged El Gaia was being towed to an Omani port on Tuesday after a fire broke out in its engine room, adding that the vessel
Saudi Arabia’s closure of a major oil pipeline after a recent attack is raising fears that global energy markets in crisis because of the war with Iran could face even starker shortages, pushing prices higher for fuel and other essentials. The largest oil producer in the Middle East closed its East-West pipelineon Friday after the attack, which it blamed on
CAIRO — An Iranian commercial vessel was struck early Sunday off Qeshm Island in the Strait of Hormuz, with one person killed and four wounded, Iranian state media said, a day before Tehran seeks to brief regional countries on its contested efforts to manage shipping traffic there. State-run IRNA news agency quoted the Qeshm governor
After weeks when Middle East diplomacy seemed dead in the water, a rare meeting between Iran and its Persian Gulf neighbors has renewed hope for a deal that could fully reopen the Strait of Hormuz. Foreign ministers from the Gulf Cooperation Council—which is comprised of Saudi Arabia, the UAE, Qatar, Kuwait, Bahrain, and Oman—will meet
