The integration of the Persian Gulf region with the Middle Corridor may become one of the defining trade routes of the future, according to Azerbaijan Railways (ADY), Deputy Head of the Marketing Department at ADY Ziya Mammadov said.
The Gulf Cooperation Council (GCC) has called on the UN Security Council to facilitate a resolution of the situation around the Strait of Hormuz. Arab countries emphasize that the priority is to guarantee the safety of ships transiting the strait.
Russia sees Saudi Arabia and other Gulf nations as good friends and would like to boost cooperation with them, Kremlin Spokesman Dmitry Peskov said.
Iran may create a real threat to the Bab al-Mandeb Strait if the enemy resorts to military actions on the Iranian islands or further escalates the ongoing conflict, Tasnim reported, citing its military source.
Iranian military personnel established contact with the tanker
The region believes the Iranian war has reached its midpoint
He also called on BRICS to act independently regarding US and Israeli military actions against Iran
Even if the Strait of Hormuz is completely unblocked in the coming days, the three-week gap in oil and LNG supplies will need to be compensated for over several months, if not years
The recovery of oil supplies from the Persian Gulf may take at least six months, head of the International Energy Agency (IEA) Fatih Birol said.
The foreign ministers of the 12 Arab and Islamic countries, who met in Saudi Arabia’s Riyadh, described Iran’s strikes on Arab countries of the Persian Gulf as unjustified, and urged it to stop attacks in a joint communique.
The USS Gerald R. Ford has been withdrawn from the Persian Gulf combat zone for unscheduled repairs following a fire that injured 200 sailors.
The conflict in the Middle East and the inability to transit through the Persian Gulf countries are forcing Indian tourists to cancel their trips to Russia
The Middle East conflict has triggered the largest oil supply disruption in global history, the International Energy Agency (IEA) said on Thursday.
Saudi Arabia, Iraq, the UAE and Kuwait have lowered their collective output by as much as 6.7 million barrels a day, Bloomberg reported citing sources.
No consequences of the attack have been reported
About 1,000 ships have accumulated in the Persian Gulf, unable to cross the Strait of Hormuz due to events in the Middle East.
The Islamic Revolutionary Guard Corps (IRGC) Navy launched a missile strike on a U.S. oil tanker on Thursday morning, the elite Iranian army unit reported.
Russian President Vladimir Putin has ordered the Ministry of Emergency Situations and other agencies to evacuate Russian tourists from the Middle East.
Former IRGC commander and Secretary of the Expediency Discernment Council, General Mohsen Rezaei, announced that ships would be allowed to transit through the Strait of Hormuz.
Iran has issued a warning to the Persian Gulf states, demanding they close US military bases on their territory or face consequences.
