Posts filtered by tags: Persian Gulf[x]


 

Trump Ally’s #UAE Lobbying Struck Heart of Democracy, U.S. Says - Bloomberg video

Trump Ally’s UAE Lobbying Struck Heart of Democracy, U.S. Says - Bloomberg Even before Donald Trump was elected president in November 2016, a foreign government turned to one of his close associates in an effort to gain influence -- and this time it wasn’t Russia.Instead, according to an indictment of Trump’s former inaugural chairman Tom Barrack unveiled on Tuesday, the nation that sought such clout was the United Arab Emirates, a staunch U.S. ally in the Persian Gulf region. Prosecutors say ...
Tags: Travel, Russia, Emirates, United Arab Emirates, Donald Trump, Uae, Trump, Persian Gulf, Barrack, Rupert Neil Bumfrey, Tom Barrack, Herrington, Trump Ally, U S Barrack, Matthew Herrington Barrack


Thomas Barrack told a UAE official that Trump considered appointing him ambassador to the country and 'give Abu Dhabi more power': prosecutors

Thomas Barrack, executive chairman, Colony Northstar, speaks at the Milken Institute's 21st Global Conference in Beverly Hills, California, U.S. May 1, 2018. REUTERS/Lucy Nicholson Trump considered making Thomas Barrack the UAE Ambassador, according to messages obtained by prosecutors. Prosecutors arrested Barrack Tuesday on charges of trying to influence US foreign policy on the UAE's behalf. Trump appointing Barrack would "give Abu Dhabi more power!" Barrack told a UAE official, ...
Tags: Politics, Crime, News, Mexico, US, International, Trends, Fbi, Brooklyn, New York Times, United Arab Emirates, Treasury, State Department, Abu Dhabi, Donald Trump, Justice Department


#Iran Plans First Oil Export From Gulf of Oman Port Next Week - Bloomberg

Iran Plans First Oil Export From Gulf of Oman Port Next Week - Bloomberg Iran plans to ship a cargo of oil from a port in the Gulf of Oman next week, its first crude export from outside the Persian Gulf and beyond the Strait of Hormuz.“The first vessel has arrived in the Jask region and we expect operations to load heavy crude to start Monday noon,” Vahid Maleki, director of the Jask Oil Terminal, told the state-run Islamic Republic News Agency.He didn’t elaborate on the size of the cargo or i...
Tags: Travel, Washington, Iran, Vienna, Donald Trump, Strait Of Hormuz, Persian Gulf, Gulf of Oman, Jask, Rupert Neil Bumfrey, Islamic Republic News Agency, Vahid Maleki, Jask Oil Terminal, Goreh Jask, Persian Gulf coast


#Kuwait Credit Rating Cut for Second Time in Two Years by S&P - Bloomberg

Kuwait Credit Rating Cut for Second Time in Two Years by S&P - Bloomberg Kuwait was downgraded by S&P Global Ratings for a second time in less than two years after a fall in oil revenue and increased spending pressured the Persian Gulf nation’s fiscal outlook.The sovereign credit rating was cut one level to A+ from AA-, the fifth-highest investment-grade level, according to a statement Friday. S&P now rates Kuwait two notches lower than Fitch Ratings and on par with Moody’s Investors Service, ...
Tags: Travel, Bloomberg, Kuwait, Persian Gulf, Finance Ministry, Rupert Neil Bumfrey, Moody 's Investors Service, General Reserve Fund, Bloomberg Kuwait


Gen. Mark Milley reportedly warned Trump not to strike Iran: 'You're gonna have a f---ing war'

U.S. President Donald Trump speaks as Joint Chiefs of Staff Chairman, Army General Mark Milley looks on after a briefing from senior military leaders in the Cabinet Room at the White House on October 7, 2019 in Washington, DC. Mark Wilson/Getty Images Gen. Mark Milley reportedly warned Trump not to take military action against Iran. Milley told Trump "you're gonna have a f---ing war" with Iran if the US striked, per a new book. The book by the New Yorker's Susan Glasser and NYT'...
Tags: Politics, News, Washington, White House, Iraq, US, Trends, Iran, New York Times, Strike, Nuclear, Biden, Tehran, Donald Trump, Trump, Mike Pence


33 years after getting demolished by the US, Iran's navy is flexing its new muscles

The Iranian naval ship Makran seen near Iran's Larak Island in a satellite image taken May 10, 2021. Maxar via Reuters Thirty-three years ago, the US inflicted a devastating defeat on the Iranian navy. Since then, Iran has rebuilt and modernized its fleet, equipping it for operations on the high seas. Its progress was visible in June, when two Iranian warships sailed into the Atlantic for the first time. See more stories on Insider's business page. In June, two important events vau...
Tags: China, Russia, US, International, Trends, Iran, Syria, Ap, Atlantic, Britain, Nato, Un, Venezuela, Cuba, US Navy, Indian Ocean


#Kuwait Looks to Gas Imports as Gulf States Aim to Burn Less Oil - Bloomberg

Kuwait Looks to Gas Imports as Gulf States Aim to Burn Less Oil - Bloomberg The Al-Zour LNG terminal, Kuwait.   Kuwait Integrated Petroleum Industries Co. Kuwait has opened its first permanent facility to import liquefied natural gas, as oil-rich Persian Gulf states accelerate efforts to wean their power plants off crude and use cleaner forms of energy.The Al Zour LNG terminal received its first cargo of gas, from Qatar, on Monday, according to state news agency Kuna.The plant...
Tags: Travel, Saudi Arabia, Iraq, Opec, Qatar, Middle East, Kuwait, Persian Gulf, Rupert Neil Bumfrey, Qatar Petroleum, Al Zour, BloombergNEF, Al Zour LNG, Less Oil Bloomberg, Abhishek Rohatgi


10 Things in Politics: Breyer clerks fear RBG repeat

I hope you all had a great weekend! Welcome back to 10 Things in Politics. Sign up here to receive this newsletter. Send tips to [email protected] or tweet me at @BrentGriffiths.Here's what we're talking about:Justice Stephen Breyer's clerks are 'genuinely perplexed' he hasn't retiredHaiti says it has arrested the leading suspect in its president's assassinationPhotos show shirtless Democratic congressmen riding camels on a trip paid for by a special-interest gro...
Tags: Google, Amazon, Post, Florida, Supreme Court, Obama, Washington, Mexico, Senate, White House, US, Trends, Qatar, Joe Biden, Cnn, Hillary Clinton


#Oman Leader’s Rare #SaudiArabia Visit Shows Region’s Shifts - Bloomberg

Oman Leader’s Rare Saudi Arabia Visit Shows Region’s Shifts - Bloomberg The sultan of Oman landed in Saudi Arabia on Sunday in the first visit by an Omani leader in over a decade, a sign of shifting alliances in the Persian Gulf as the kingdom reaches out to states with closer ties to regional rival Iran.Skyscrapers in the Saudi capital, Riyadh, were lit up in red and green, the colors of the Omani flag, to celebrate Sultan Haitham bin Tariq’s arrival. The visit to the city of Neom, where he w...
Tags: Travel, Saudi Arabia, Iraq, Qatar, Bloomberg, Iran, GCC, Middle East, United Arab Emirates, Oman, Uae, Mohammed, Gulf, North Africa, Riyadh, Mohammed bin Salman


#UAE News: #AbuDhabi Seeks Investors and Long-Term Buyers for Blue Hydrogen - Bloomberg

UAE News: Abu Dhabi Seeks Investors and Long-Term Buyers for Blue Hydrogen - Bloomberg Abu Dhabi is seeking investors to help build hydrogen-export facilities, as Middle Eastern oil producers step up plans to sell what’s seen as a crucial fuel in the transition to cleaner energy.Abu Dhabi National Oil Co., which pumps almost all the oil and natural gas in the United Arab Emirates, is in talks with energy companies about them buying equity stakes in the hydrogen projects, according to people fa...
Tags: Travel, Saudi Arabia, United Arab Emirates, Uae, Persian Gulf, Rupert Neil Bumfrey, Abu Dhabi National Oil Co, AbuDhabi Seeks Investors, Blue Hydrogen Bloomberg, Abu Dhabi Seeks Investors, Blue Hydrogen Bloomberg Abu Dhabi


Higher Oil Prices Aren’t Enough for #Bahrain, Gulf’s Weakest Link - Bloomberg

Higher Oil Prices Aren’t Enough for Bahrain, Gulf’s Weakest Link - Bloomberg While most Persian Gulf countries replenish spent coffers with profits from rising oil prices, the region’s smallest economy is still in bailout territory.Bahrain needs crude prices above $88 a barrel to balance its budget this year, according to the International Monetary Fund, the highest breakeven price in the six-member Gulf Cooperation Council and far above current levels around $75. It’s preparing to tap interna...
Tags: Travel, Saudi Arabia, Bloomberg, Middle East, Dubai, Oman, International Monetary Fund, Bahrain, Imf, Gulf, Gulf Cooperation Council, Persian Gulf, Finance Ministry, Oxford Economics, Rupert Neil Bumfrey, Bahrain Gulf


#UAE Business Conditions Improve at Slower Pace; Employment Rises - Bloomberg

UAE Business Conditions Improve at Slower Pace; Employment Rises - Bloomberg Business conditions in the United Arab Emirates improved at a slightly weaker rate last month as coronavirus-linked measures and flight cancellations slowed gains in the Middle East’s business and travel hub.Non-oil business activity in the Persian Gulf nation inched down to the lowest in four months, IHS Markit’s Purchasing Managers’ Index showed on Monday. There was a sharp drop in foreign sales as businesses report...
Tags: Travel, Saudi Arabia, Middle East, United Arab Emirates, Uae, Persian Gulf, David Owen, Bloomberg Business, PMI, Rupert Neil Bumfrey, IHS Markit, COVID, Employment Rises Bloomberg, IHS Markit The U S


Indiana Governor Making Trade Trip to Persian Gulf Country

Indiana’s governor is traveling to the Persian Gulf country of Qatar for what the state economic development office says is an effort to boost business relationships with the region.
Tags: Qatar, Indiana, Persian Gulf, Persian Gulf Country


Soaring Mideast Heat May Roil Oil Market as Demand Surges - Bloomberg

Soaring Mideast Heat May Roil Oil Market as Demand Surges - Bloomberg Soaring temperatures in one of the world’s top energy-producing regions could drive fuel prices higher as countries there burn more oil and natural gas to keep homes cool.Saudi Arabia, the United Arab Emirates and Kuwait are all experiencing weather that’s hotter than normal. That has coincided with a tightened crude market, with the Organization of Petroleum Exporting Countries and its allies continuing to hold back million...
Tags: Travel, London, Saudi Arabia, Iraq, Opec, Bloomberg, Middle East, United Arab Emirates, Kuwait, Gulf, Persian Gulf, Organization of Petroleum Exporting Countries, Rupert Neil Bumfrey, Oxford Institute for Energy Studies, Ahmed Mehdi, Bloomberg Soaring


#Saudi IPO Berain Water Picks Banks to Manage Offering - Bloomberg

Saudi IPO Berain Water Picks Banks to Manage Offering - Bloomberg One of Saudi Arabia’s biggest bottled-water companies is exploring going public, according to people familiar with the matter.Riyadh-based Berain Water has hired the investment banking arm of Samba Financial Group to manage a possible initial public offering of a 30% stake, the people said, asking not to be identified as the information is private. No decision has yet been made and the company may decide against an IPO, they sai...
Tags: Travel, Saudi Arabia, Ipo, Bloomberg, World Resources Institute, Riyadh, ACWA Power, Persian Gulf, Saudi Basic Industries Corp, Rupert Neil Bumfrey, Samba Financial Group, Saudi Telecom Co, Ras Al Khair, Samba Capital, Saudi IPO Berain Water Picks Banks, Bloomberg One of Saudi Arabia


Battle Looms in Key Oil Market as #Iran Aims to Seize Back Sales - Bloomberg

Battle Looms in Key Oil Market as Iran Aims to Seize Back Sales - Bloomberg The likely return of Iranian oil is setting up what promises to be an aggressive battle to supply a corner of the coveted Asian market.Iran is a major producer of condensates -- ultra-light oil that’s a by-product from natural gas fields -- and South Korea is Asia’s biggest operator of splitters designed to turn it into petrochemicals used to make plastics.SK Innovation Co., Hanwha Total Petrochemical Co. and Hyundai O...
Tags: Travel, Asia, South Korea, Europe, Australia, Africa, Qatar, Bloomberg, Iran, Persian Gulf, Rupert Neil Bumfrey, Hyundai Oilbank Co, SK Innovation Co Hanwha Total Petrochemical Co


Aramco Said to Plan Bond Sale to Help Fund $75 Billion Dividend - Bloomberg

Aramco Said to Plan Bond Sale to Help Fund $75 Billion Dividend - Bloomberg Saudi Aramco is preparing to return to global capital markets with a bond that would help fund a $75 billion dividend commitment, according to people with knowledge of the plan.The world’s biggest energy company has picked around 15 banks to manage a sale of Islamic debt, or sukuk, that could happen this month, according to people with knowledge of the matter. The state-controlled firm may seek to raise around $5 billi...
Tags: Travel, Aramco, Persian Gulf, Aramco Said, Rupert Neil Bumfrey, Qatar Petroleum, Bloomberg Saudi Aramco, Energy Development Oman


Hear the Earliest Recorded Customer Complaint Letter: From Ancient Sumeria 1750 BC

Three-thousand, seven-hundred, and seventy-one years ago, in the city of Dilmun, near Ur in Mesopotamia, there was a merchant named Ea-nasir. His business was in selling metal ingots that he purchased in the Persian Gulf. Was he a good merchant? Not according to one of his customers, Nanni. If Yelp had existed back in 1750 BC, Nanni would definitely have given Ea-nasir a one-star review. We know this because Nanni’s complaint about Ea-nasir, written in Akkadian cuneiform, still exists. T...
Tags: Facebook, New York, College, Ebay, EA, History, Cambridge University, British Museum, Ur, Forbes, Kelly, Persian Gulf, David Kelly, Leonard, KCRW, Sumi


Oil Surges With Iran Saying Differences Remain on Sanctions Deal - Bloomberg

Oil Surges With Iran Saying Differences Remain on Sanctions Deal - Bloomberg PRICES: WTI for July delivery rose $2.47 to settle at $66.05 a barrelBrent for the same month gained $2.02 to $68.46 a barrel, to the highest since May 18 Oil climbed the most in a month after Iran said that gaps remain in negotiations aimed at reaching a deal to end U.S. sanctions on its crude.Futures rose 3.9% in New York on Monday with added support from a weaker dollar, which makes commodities priced in the...
Tags: Travel, Europe, New York, Iran, Islamic Republic, Goldman Sachs Group Inc, Persian Gulf, Peter McNally, Rupert Neil Bumfrey, Sanctions Deal Bloomberg


Top LNG Exporter #Qatar Undercuts Rivals to Keep Dominating Market - Bloomberg

Top LNG Exporter Qatar Undercuts Rivals to Keep Dominating Market - Bloomberg The world’s top exporter of liquefied natural gas is ramping up production dramatically and undercutting competitors in a bid to squeeze them out of the market.Qatar is dropping prices and pushing ahead with a $29 billion project to boost its exports of the fuel by more than 50%, stymieing the prospects of new plants elsewhere. It’s also established a trading team to compete in the nascent spot market and pushing int...
Tags: Travel, Asia, Europe, Texas, Australia, China, Russia, Africa, Qatar, Iran, Beijing, Pakistan, Louisiana, Sinopec, Thomas, Citigroup Inc


Oil Slips Amid Prospects of Progress on Iran Nuclear Deal Talks - Bloomberg

Oil Slips Amid Prospects of Progress on Iran Nuclear Deal Talks - Bloomberg PRICES Brent for July settlement lost 75 cents to end the session at $68.71 a barrel West Texas Intermediate for June delivery fell 78 cents to settle at $65.49 a barrel Oil sunk as investors weighed developments in ongoing talks between world powers on a revival of the Iran nuclear deal, which would bring more supply to the market.Futures in London fell 1.1% on Tuesday after a Russian envoy in Vienna said si...
Tags: Travel, London, Iran, Bbc, Vienna, Persian Gulf, Rupert Neil Bumfrey, Mikhail Ulyanov, Ulyanov


The Iranian kings who thought the world revolved around them

While not as well-known as that of the Achaemenid dynasty (550–330 BC), the second Persian empire ruled by the Sasanian dynasty (AD 224–642) is a pivotal but often overlooked period of ancient Western Asian art and archaeological history. Standing at the cusp of the ancient and medieval worlds, the Sasanian empire was the last great Iranian empire to rule over Western Asia before the coming of Islam, extending at its height in the seventh century from the Nile to the Oxus. Over the course of lat...
Tags: Japan, New York, London, Life, China, Iraq, India, Los Angeles, Iran, Syria, Islam, Azerbaijan, Victoria, Mediterranean, Persepolis, Balkans


A US Coast Guard ship fired 30 warning shots from a machine gun during an 'unsafe' encounter with Iranian fast-attack boats

IRGCN vessels crossing the ships' bows and sterns of US ship at close range in international waters in the Persian Gulf. US Navy A US Coast Guard ship fired more than 30 warning shots during an "unsafe" encounter with Iranian boats. Thirteen Iranian vessels closed rapidly with six US Navy warships escorting a submarine. This is the second time in less than a month US ships have fired warning shots due to Iranian actions. See more stories on Insider's business page. A US Coast Guard...
Tags: US, International, Trends, Iran, Pentagon, US Navy, Maui, Strait Of Hormuz, Coast Guard, US Coast Guard, Persian Gulf, John Kirby, U.S. Navy, Islamic Revolutionary Guard Corps, Military & Defense, Ryan Pickrell


Bahrain May Follow Gulf States by Selling Oil, Pipeline Assets - Bloomberg video

Bahrain May Follow Gulf States by Selling Oil, Pipeline Assets - Bloomberg Bahrain said it may follow other oil-rich states in the Persian Gulf by selling energy assets.“We’ve got a lot of infrastructure assets that can easily be” structured for private-equity funding, Oil Minister Mohammed bin Khalifa Al Khalifa said in an interview with Bloomberg Television.A pipeline connecting the island-nation to Saudi Arabia would be “ideal” for a private-equity deal, he said. Other infrastructure that c...
Tags: Travel, Saudi Arabia, Bloomberg, Abu Dhabi, Bahrain, Kuwait, Gulf, Saudi Aramco, Bloomberg Television, U S, Persian Gulf, ADNOC, Rupert Neil Bumfrey, Mohammed bin Khalifa Al Khalifa, United Arab Emirates Qatar Oman, Selling Oil Pipeline Assets Bloomberg Bahrain


The Coast Guard is taking a frontline role against US foes on the other side of the world

US Coast Guard cutter Hamilton in the Bosphorus on its way to the Black Sea, April 27, 2021. REUTERS/Yoruk Isik In April, Coast Guard ships had close encounters in the Persian Gulf and sailed into the Black Sea. The missions reflect the Coast Guard's role overseas, set to grow amid competition with China. But that will add to the service's responsibilities as it balances current missions and future needs. See more stories on Insider's business page. Encounters far from home in ...
Tags: Europe, Japan, Navy, China, Russia, Africa, Defense, US, International, Trends, Iran, Ukraine, Atlantic, Department Of Homeland Security, Bahrain, Black Sea


US warship fires warning shots at Iranian small boats

A U.S. warship fired warning shots at Iranian speedboats in the Persian Gulf that had swarmed it and another U.S. ship.
Tags: US, Persian Gulf


U.S. Navy ship fires warning shots after Iranian boats come close

It was the second tense encounter in less than a month in the Persian Gulf between Iranian and U.S. vessels.
Tags: Navy, Persian Gulf


A US Navy ship fired warning shots after Iranian fast-attack boats got too close in the Persian Gulf

Four Iranian Islamic Revolutionary Guard Corps Navy vessels alongside US Navy ships in the Persian Gulf Reuters A US Navy ship fired warning shots after Iranian fast-attack boats came too close with "unknown intent." The Iranian vessels did not alter their behavior after US forces radioed warnings, the Navy said. The speed boats withdrew after warning shots were fired. See more stories on Insider's business page. A US Navy ship fired warning shots after three armed Iranian Islamic Revo...
Tags: News, Navy, US, International, Trends, Iran, US Navy, Irgc, Coast Guard, US Coast Guard, Persian Gulf, 5th Fleet, Wrangell, U.S. Navy, Monomoy, Islamic Revolutionary Guard Corps


US Navy fired warning shots at Iranian vessels Monday evening

Three Iranian ships harassed U.S. Navy and U.S. Coast Guard vessels on Monday in the Persian Gulf, drawing so close at one point the...
Tags: US Navy, U S Coast Guard, U S Navy, Persian Gulf


Iranian attack boats harassed US warships in Persian Gulf again on Monday, Navy says

Iran's Navy once again harassed US ships operating in the Persian Gulf, this time coming within 68 yards of the ships on Monday night, prompting one of the American ships to fire warning shots, according to Cdr. Rebecca Rebarich, a spokeswoman for the US Navy's Fifth Fleet.
Tags: Navy, US, Iran, Cnn, US Navy, Persian Gulf, Cdr Rebecca Rebarich