UAE bans travel to Iran, Lebanon and Iraq, urges its citizens to leave region The United Arab Emirates has banned its citizens from travelling to Iran, Lebanon and Iraq due to regional developments, the foreign ministry said on Thursday. The ministry also urged citizens currently in these countries to leave immediately and return home.
Trump, Fox News praise UAE decision to leave Opec Submitted by MEE staff on Thu, 04/30/2026 - 17:57 Fox News analyst says Saudi Arabia will no longer be able to 'control' UAE, as Trump celebrates its departure from the oil cartel US President Donald Trump attends a farewell ceremony at the White House on the final day of Britain's King Charles and Queen Camilla's state visit to the US, in Washington, DC, on 30 April 2026 (Samir Hussein/Reuters) Off US President Donald Trump on Wednesday indicated that he approved of the decision by the United Arab Emirates to leave the Organization of Petroleum Exporting Countries (Opec) amid the fallout from the US-Israeli war on Iran. "I think it's great. I know him very well.
Trump administration weighing measures to increase US oil output The Trump administration is talking to oil companies and considering measures to increase production in the US "really soon", White House economic adviser Kevin Hassett told reporters on Thursday.
UN chief warns Hormuz closure 'strangling' global economy UN chief Antonio Guterres sounded the alarm on Thursday over the worsening global economic impacts of the Strait of Hormuz remaining effectively closed due to the Iran war. The closure of the vital waterway is "strangling the global economy," the secretary-general warned in remarks to press. Even if restrictions were lifted today, "supply chains will take months to recover, prolonging lower economic output and higher prices," he said.
With no end in sight to the shipping stand-off in the Strait of Hormuz and as Brent crude oil prices hovered at around $118 in trading on Thursday, the prospect of running out of fuel, gas and more has focused attention in the world’s capitals on finding solutions, quickly.
LONDON, U. K. : Europe is facing growing concerns over jet fuel supply as shipments from the Middle East, its largest external source, effectively stopped in April, threatening a potential crunch ahead of the peak summer travel season.
Eurozone inflation jumps to 3. 0 percent as Israeli-US war drives up energy prices Inflation across the euro area has accelerated sharply, driven by surging energy costs linked to the Israeli-US war on Iran, according to fresh data from Eurostat. Consumer prices rose 3.
By failing to sanction Israel, the EU has confirmed once again its global irrelevance Submitted by Marco Carnelos on Tue, 04/28/2026 - 08:45 By wilfully ignoring blatant US-Israeli acts of aggression, the EU is facilitating a global regime of impunity that contravenes its founding principles EU High Representative for Foreign Affairs Kaja Kallas holds a press conference in New York City, 22 September 2025 (Timothy A Clary/AFP) On Since the Russian invasion of Ukraine in February 2022, the global order is endangered by increasing geopolitical chaos. The US and Europe took a tough stance towards Russia by severing energy supplies, adopting unprecedented sanctions , and providing weapons deliveries and intelligence support to Kyiv’s government. No western decision-maker considered, or more likely ignored the fact, that by sanctioning Russia, the world’s primary commodities producer, dire consequences for their economies were to be expected.
Oil surge triggers ‘biggest energy crisis’, IEA chief warns The head of the International Energy Agency has sounded the alarm over spiralling oil prices, warning of a deepening global economic shock as conflict in the Middle East disrupts markets. Speaking in Paris, Fatih Birol said the surge in crude prices is straining economies worldwide and driving up costs for governments already under pressure. "The world is facing the biggest energy crisis in history," Birol said at a high-level meeting on the energy transition at IEA headquarters.
The jump follows reports of Donald Trump being ready to continue the blockade of Iranian ports for months The price of Brent crude oil rose to $126 on Thursday as US-Iran talks stalled and reports that US President Donald Trump may extend the blockade of Iranian ports. It hit $126. 3 for the first time since March 2022, when the Ukraine conflict escalated.
Mumbai (Maharashtra) [India], April 30 (ANI): The domestic stock markets opened under heavy selling pressure on Thursday as Brent crude oil futures surged above USD 120 per barrel, denting investor sentiment amid continued uncertainty in West Asia. The Nifty 50 index opened at 23,899. 20, falling 278.
New posts 11:25 Iranian President Says US Naval Blockade 'Doomed To Failure' Iranian President Masud Pezeshkian said on April 30 that the US naval blockade of Iranian ports is contrary to the interests of regional countries and will ultimately fail.
New posts 03:52 We are now closing the live blog for the day. We'll be back at 7:30 a. m.
Oil prices push higher, approaching another wartime high, as President Trump asserted that the naval blockade of Iran’s ports would persist.
Oil markets spooked as Donald Trump appears willing to maintain the US Navy blockade and Iran’s keeps strait of Hormuz all but shut The price of Brent oil soared above $122 a barrel on Wednesday, its highest level since 2022, as US-Iran ceasefire negotiations stalled and the critical strait of Hormuz remained effectively closed. In a one-day surge of almost 10%, the price of Brent crude hit the highest level since the war began, tipping past $122 before settling about $120. Not since Russia’s 2022 invasion of Ukraine has Brent topped $120.
New Delhi [India], April 30 (ANI): Brent crude oil prices surged above USD 120 per barrel on Thursday after US President Donald Trump said the naval blockade of the Strait of Hormuz will continue until Iran agrees to a deal with the United States. In an exclusive interview with Axios on Wednesday, Trump said the blockade is being used as a key tool to pressure Iran over its nuclear programme.
Washington DC [US], April 30 (ANI): US President Donald Trump on Wednesday described the ongoing US naval blockade against Iran as 'genius,' asserting that Tehran would have to concede defeat while ruling out any agreement unless it abandons its nuclear ambitions. 'The blockade is genius. The blockade has been 100% foolproof.
US proposes new coalition to get ships moving through Hormuz: Report The US has pitched a new international coalition, dubbed the "Maritime Freedom Construct", to enable navigation through the Strait of Hormuz, the Wal Street Journal reported. The proposed coalition would "share information, coordinate diplomatically and enforce sanctions", according to an internal State Department cable.
Washington DC [US], April 29 (ANI): US President Donald Trump in an exclusive interview to Axios on Wednesday, said that he would continue to keep the naval blockade until Iran agrees to deal with the United States by addressing America's concerns about the nuclear program.
Trump calls UAE exit from OPEC ‘great’, says it could lower prices US President Donald Trump praised the United Arab Emirates’ decision to leave OPEC, calling it “great” and saying it could help ease volatile energy markets. He said the move may contribute to lowering oil and gasoline prices amid disruptions linked to the Iran war. “I think ultimately it’s a good thing for getting the price of gas down, getting oil down, getting everything down,” Trump told reporters.
