Traders warn of European gas price shock as futures rise again
Traders are warning of a price shock for fossil gas in Europe after prices turned upward again, following a 9 percent drop last week.
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Persiska viken
The latest local news from Persiska viken, in English.
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Iran offers Strait of Hormuz deal under conditions
Iran says it is ready to open the Strait of Hormuz and ease its grip on the oil market within a week - under certain conditions. After a week of behind-the-scenes negotiations at the UN, the Iranians are putting the ball in the US's court.
World
Iran warns war could spread to Indian Ocean if US attacks again
Iran is threatening to expand the war to the Indian Ocean - if the US attacks again, according to an adviser to the supreme leader of the hardline Islamic republic.
Conflicts
Oil prices fall as market welcomes Saudi pipeline restart plans
The world market price of crude oil continues to fall for a second straight day. North Sea oil - which fell 2.7 percent on Wednesday - is down 2.2 percent to around $103.50 per barrel.
Business
Saudi Arabia and Egypt pledge forceful response to Red Sea and Gulf threats
Saudi Arabia's Crown Prince Mohammed bin Salman and Egypt's president have met in Cairo to discuss the security situation around the Bab al-Mandab Strait and the Houthi advance.
World
Saudi pipeline closure pushes up oil prices
Oil prices are being pushed up after Saudi Arabia shut down a major oil pipeline following attacks. The pipeline has been important for getting oil out of the country when shipping traffic through the Strait of Hormuz was disrupted by the Iran-Iraq war.
Business
Planned Strait of Hormuz talks postponed as Iran seeks Gulf thaw
Iran aims to restore relations with Gulf states in the wake of the Middle East war, but a planned meeting on the future of the blocked Strait of Hormuz has been postponed.
World
More than 2,000 flee Yemen for Djibouti, UN says
More than 2,000 people have fled from Yemen to Djibouti following recent fighting, according to the UN.
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