Strait of Hormuz
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Iran
Another tanker ablaze near Hormuz after two ships sunk in attacks
Iran said monitoring teams found the unnamed vessel ablaze after it entered a prohibited zone with its tracking systems disabled, two days after the container ship GFS Pride sank following a fire and the cargo ship Cape Dao also went down after being struck by a projectile.
Qatar
New strategies will make Qatar emerge stronger, emir says
Qatar's emir outlined in a speech to the nation how the Gulf nation has managed to overcome the consequences of the Iran war and will emerge stronger and better equipped to adapt to global changes by diversifying its economy and focusing on non-carbon industries in addition to existing LNG exports.
Iran
Iran's IRGC strikes tanker and threatens to target ships beyond Hormuz
Iran's Revolutionary Guard warned that vessels “violating” its designated routes would be pursued and "punished" anywhere in the region, as maritime agencies reported two further strikes on commercial ships in the Persian Gulf.
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Economy
EU may need to cut winter gas demand by 7% as storage hits record low
The EU could have to curb gas consumption by 7% this winter, the Institute for Energy Economics and Financial Analysis warned on Friday, with stocks at their lowest for the time of year on record and the Iran war keeping prices high ahead of a full ban on Russian LNG imports from January 2027.
Business
QatarEnergy eyes LNG production in early 2027 amid $3bn loan reports
QatarEnergy is advancing its LNG expansion and has reportedly secured a $3 billion (€2.68bn) loan from Chinese banks as war damage and shipping risks constrain exports. Shipments through Hormuz are recovering, but remain far below pre-war levels.
Iran
Iran strikes tankers outside Hormuz in signs of expanding campaign
Two commercial vessels were hit within 24 hours — one off Qatar, the first attack in that area in six months, and one off Fujairah in the Gulf of Oman — as IRGC-affiliated outlets suggested Tehran had extended operations beyond the crucial strait.
Iran
Iran threatens pre-emptive strikes as US questions who runs Tehran
Iran's army spokesman said Tehran's forces were prepared to strike first "should circumstances require it," while IRGC officials claimed tighter control of Hormuz, and Washington publicly pondered how much authority Pezeshkian and Araghchi actually wielded.
Qatar
Qatar warns 'whole world is paying' for Iran war as talks continue
The Iran war has disrupted global trade as regional powers prepare to bolster Saudi Arabia’s defences. Qatar said talks to end the war remained active and backed the Mecca defence alliance, but added that it was too early to discuss joining the pact.
Iran
Iran insists it controls Hormuz as rial hits record low and exports dry up
Iran's military insisted it retained full control of Hormuz and the foreign minister said the strait could reopen within seven days if Tehran's conditions were met, after US Treasury Secretary Bessent said Iran had not loaded a single barrel of crude onto tankers in September.
Europe Today
European diesel reserves cover 10 days of the world's demands - expert
"Even if all of 300 million barrels of European reserves are released, it will only cover around 10 to 11 days of the world's diesel demand", energy expert, Osama Rizvi tells Euronews and Europe Today, about President Trump's call to European countries to release some of their diesel reserves.
Markets
Oil hovers around $100 as US bonds suffer worst quarter since 1994
Oil prices bounced back above $100 a barrel on Thursday as a US-Iran deal remained elusive, while European stocks fell and US government bonds came off their worst quarter since 1994, with the 10-year Treasury yield at its highest since 2007.
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