Middle East News

Oil prices remained steady on Friday after sharp swings, as investors closely watched the Middle East and awaited further developments. Brent crude traded near $111 a barrel after soaring above $126 earlier this week. Global stock markets were mixed in holiday-thinned trading, with Tokyo rising and London slipping.

UAE’s exit from OPEC could reshape global oil power and weaken cartel control. Is this the start of OPEC’s decline and a long-term US strategy? Here’s what it means for prices, geopolitics, and India’s energy security.

Iran is rapidly running out of oil storage after a US naval blockade sharply cut its crude exports via Hormuz. Experts say Iran may have only 12-22 days of spare capacity left. If storage fills up, Tehran could be forced to cut production even further, possibly shutting wells. Crisis is already lifting global oil prices and could have major effects

UAE exits OPEC and OPEC+ amid Middle East war, citing national interest. Move shakes oil markets, weakens Saudi-led cartel, and raises fears of volatility as Hormuz tensions choke global supply.

Pakistan projects neutrality on Iran, but intelligence claims suggest covert support to US operations. From airspace access to naval intel, is Islamabad playing a dangerous double game?

Global military spending hit $2.9 trillion in 2025, rising for the 11th year. Europe and Asia drove growth as wars and tensions surged, with US, China and Russia leading global defence budgets.

Iran-linked creators release a viral Lego-style diss track mocking Donald Trump after the White House dinner scare, questioning his leadership, narrative control, and the chaos during the evacuation.

A mural in Iran's Mashhad showing Mojtaba Khamenei among slain Iranians has sparked speculation over his fate, even as reports say he survived a deadly US-Israel strike but is gravely wounded.

A heartwarming moment of Lulu Group chairman Yusuff Ali joking with an employee over a diamond watch has resurfaced and gone viral. Ali says he does not wear diamond watches, but his staff does. After learning the employee is also from Kerala, he warmly hugs him. Social media praised Ali's humility and kindness. The businessman is widely respected.

Oil prices dip below $100 as renewed Iran-US peace talks boost hopes of easing Middle East tensions, while global markets stay mixed and tech stocks surge on strong AI-driven earnings.