Recent Posts

‘Operationally hazardous’ Red Sea remains open to shipping

The Red Sea has become “operationally hazardous” for many operators but remains open to shipping following the latest Houthi attacks, according to regional and shipping experts. Neil Quilliam, a Middle East specialist at Chatham House and an AGBI columnist, said vessels continued to pass through Bab al-Mandab, the southern gateway …

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Gulf banks’ US ties complicated by crackdown on Iran

Middle Eastern banks face fresh hurdles in establishing and maintaining US correspondent relationships as the Trump administration intensifies efforts to choke off Iran’s global financial dealings. US officials have targeted one institution in the UAE and Turkey each in the two weeks since they launched Operation Economic Outcast, and are …

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