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News
Iran reports commercial vessel struck in Strait of Hormuz
19+ hour, 11+ min ago (681+ words) Iranian state media has claimed an Iranian commercial vessel was struck in the Strait of Hormuz late Saturday, killing one person, amid an ongoing battle between the US and Iran for control over the crucial energy chokepoint. It comes at…...
Saudi oil pipeline shut down after attack triggers fires
1+ day, 19+ hour ago (918+ words) Saudi Arabia has shut down a key oil pipeline after it was attacked by drones from Iraq, as repercussions of the Iran war widen. The development is more bad news for the Saudi government after the Iran-backed Houthis captured strategic…...
Trump says Iran likely responsible for attack on vital Saudi oil pipeline
1+ day, 19+ hour ago (360+ words) US President Donald Trump said Iran was “probably” behind the attack on a vital oil pipeline in Saudi Arabia which led to the pipeline’s closure. The East-West Pipeline was attacked by several drones coming from Iraq on Thursday, the Saudi…...
Egyptian TV host Amr Adib warns of oil price surge
1+ day, 19+ hour ago (379+ words) Egyptian TV host Amr Adib warned of the repercussions that a sharp rise in oil prices—with the price per barrel exceeding US$104—could have on fuel prices in Egypt. He questioned how the government would handle such high levels,…...
Iranian allies captured a strategic Red Sea island in a vital waterway. Here???s what to know
1+ day, 23+ hour ago (953+ words) Iran-backed rebels in Yemen captured the strategic Perim Island in the Bab al-Mandeb Strait on Friday, two Yemeni government sources told CNN, potentially expanding Tehran’s influence over another key global shipping route. A day earlier, the Huthi group captured the…...
???A f***-up of epic proportions???: Blame game begins after Iran-backed Huthis??? lightning advance down Red Sea coast
1+ day, 23+ hour ago (1123+ words) The desperate pleas for air cover from Yemeni generals started coming mid-morning on Thursday. An advance by the Iran-backed Huthis toward Yemen’s strategic port city of Mocha was in full swing, and backup support from chief ally Saudi Arabia was…...
US President Donald Trump and Isreal Prime Minister Benjamin Netanyahu
3+ day, 21+ hour ago (12+ words) Egypt Independent...
An unprecedented surge - Suez Canal Economic Zone's growth exceeds 300%
3+ day, 21+ hour ago (271+ words) Egypt’s northern maritime gateways revealed a surge of operational growth throughout the 2025/2026 fiscal year, consolidating the Suez Canal Economic Zone’s position as a dominant Eastern Mediterranean transshipment power. Transit volumes skyrocket across Port Said terminals West Port Said: Transit container…...
Will the Central Bank raise interest rates at its upcoming meeting?
3+ day, 21+ hour ago (434+ words) Expectations are growing that central banks globally will move to raise interest rates to hedge against an inflationary wave triggered by rising energy prices. Expert forecasts for the Central Bank of Egypt’s (CBE) upcoming Monetary Policy Committee meeting on September…...
Trump???s blockade pushes Iran toward military escalation
5+ day, 19+ hour ago (991+ words) As Washington abandons talks with Iran for an aggressive economic pressure campaign, a cornered Tehran is now threatening military escalation and a wider war to force negotiators back to the table. US President Donald Trump has dismissed diplomacy with the…...