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Gulf and Red Sea Regions

Stories under this heading cover the Gulf and the Red Sea regions, including the Arabian Peninsula, Iran and the countries bordering the Red Sea.

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Fragile Israel – Iran truce brokered by Trump comes into effect but Israel claims Iran violated ceasefire
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Fragile Israel – Iran truce brokered by Trump comes into effect but Israel claims Iran violated ceasefire

24 June 2025
Hours after US President Donald Trump said his ceasefire had taken effect, Israel said it intercepted two Iranian missiles, with Defence Minister Israel Katz vowing that the military would "respond forcefully". Israel had stated on Tuesday it agreed to Trump's declaration of a ceasefire with Iran, adding that it had achieved all its objectives in the 12-day war with its arch-enemy. According to AFP, Iran denied launching missiles at Israel after the ceasefire announcement, and said it had "compelled" Israel to "unilaterally halt its aggression", while stopping short of officially accepting the ceasefire plan.
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Saudi Arabia transfers 4% of Aramco shares to sovereign wealth fund
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Saudi Arabia transfers 4% of Aramco shares to sovereign wealth fund

15 February 2022
Saudi Arabia's Crown Prince Mohammed bin Salman announced the transfer of 4 percent of the Saudi oil giant Aramco’s, shares to the Public Investment Fund, the Saudi sovereign wealth fund. The transferred share are valued up to $80 billion. The move is another step by the Kingdom to diversify the economy and move it away from dependency on oil. 
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Iran negotiations "take a break"
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Iran negotiations "take a break"

28 January 2022
The talks on the Iran nuclear file in Vienna have stopped for a short break. A statement by the European External Action Service on Friday (28 January) said that "the 8th round of negotiations in Vienna in the framework of the JCPOA will take a break. Participants will go back to capitals for consultations with their respective governments. The talks will reconvene next week." Media reports however suggest their is a split in the US delegation on the next steps. 
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In Tehran, at Friday prayers they hail Raisi's visit to Moscow
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In Tehran, at Friday prayers they hail Raisi's visit to Moscow

21 January 2022
Russia this week rolled out the red carpet for Iranian President Ebrahim Raisi. His visit included a rare invitation to address the State Duma, as well as a long meeting with president Putin. Raisi gave Putin the draft of "a document on strategic cooperation between our two countries" which he said can determine or at least clarify the co-operation between the two countries for the next two decades.
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