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The Business Standard

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August 18, 2026

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TUESDAY, AUGUST 18, 2026

Gulf states

Gulf states

Representational image

Can the world survive without Gulf oil?

A prolonged Gulf conflict would test whether the world is truly ready to move beyond the fuel that built the modern economy

US President Donald Trump speaks in the Oval Office as he signs the Secure America Act, at the White House in Washington, DC, US, 10 June 2026. REUTERS/Evan Vucci/File Photo

Trump says he wants US reimbursed by countries for protecting Strait of Hormuz

Birds fly near a boat in the Strait of Hormuz amid the US-Israeli conflict with Iran, as seen from Musandam, Oman, March 2, 2026. Photo: Reuters

Gulf worries US-Iran talks may cement Tehran's 'golden' grip on Hormuz

Representational image. Photo: Collected

Airlines cancel flights amid Middle East conflict

Cars line up at a gas station in Seoul, South Korea, March 9, 2026. Photo: REUTERS/Kim Hong-Ji/File Photo

South Korea asks Gulf nations for steady energy supply, safety of Korean vessels

A view of a residential building that was damaged by a strike, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 23, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

A war meant to break Iran could leave Tehran stronger, and Gulf exposed

White House Press Secretary Karoline Leavitt speaks to members of the media, as images are displayed of US President Donald Trump receiving information on military strikes launched against Yemen's Iran-aligned Houthis, in the briefing room at the White House, in Washington, DC, US, March 17, 2025. REUTERS/Carlos Barria

Trump interested in calling on Arab states to help pay for Iran war: White House

Ukraine's President Volodymyr Zelenskiy speaks during an interview with Reuters, amid Russia's attack on Ukraine, in Kyiv, Ukraine March 25, 2026. Photo: REUTERS/Valentyn Ogirenko/File Photo

Ukraine's Zelenskiy says Middle East visit a success, announces accords

Smoke billows from Jebel Ali port in Dubai after an Iranian attack, following strikes by the United States and Israel on Iran, in the United Arab Emirates on 1 March 2026. Photo: Reuters

Iran threatens to retaliate against Gulf energy and water after Trump ultimatum

A map showing the Strait of Hormuz is seen in this illustration taken 22 June, 2025. Photo: Reuters

Gulf states press US to neutralise Iran for good as Hormuz crisis deepens

Smoke rises following a strike on the Bapco Oil Refinery, amid the US-Israeli conflict with Iran, on Sitra Island, Bahrain. 9 March 2026. Photo: Reuters.

Hamas urges Iran to halt attacks on Gulf states amid escalating regional conflict

Debris lies on a street in the aftermath of an Israeli and the U.S. strike on a police station, amid the U.S.-Israel conflict with Iran, in Tehran, Iran, 2 March 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

Netanyahu says US-Israeli war on Iran 'not going to take years'

Oil tankers pass through the Strait of Hormuz, December 21, 2018. File Photo: REUTERS/Hamad I Mohammed

Global markets tumble after US-Israeli strikes on Iran roil Gulf

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