Iran talks in Oman postponed, Houthis suffer losses in Yemen and oil price nears $108
In today’s episode of Trending Middle East , a meeting between Iran and Gulf states in Oman is postponed, after the sultanate said the appropriate conditions were not in place. Tehran and Muscat jointly agreed to reschedule the talks, which had been set to take place in Salalah. Yemen’s Iran-backed Houthi rebels suffer heavy losses in clashes with government forces in Taiz, after making major…
Iran and Gulf states had planned a meeting in Oman, but the talks have been postponed due to the lack of suitable conditions. The sultanate of Oman and Iran agreed to reschedule the discussions, originally scheduled to take place in Salalah. In Yemen, Iran-backed Houthi rebels have suffered significant losses in clashes with government forces in Taiz, after making substantial gains along the Red Sea coast.
Saudi Arabia has halted its East-West pipeline following attacks, removing a crucial route for crude exports that avoids the Strait of Hormuz. This development has pushed oil prices near $108 a barrel. In Dubai, tourism has hit its highest level since the Iran war began, with 869,000 overnight visitors recorded in August. Finally, Abu Dhabi's new off-plan mortgage framework is anticipated to make financing more accessible for buyers, potentially bolstering confidence in the emirate's property market.
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- Iran talks in Oman postponed, Houthis suffer losses in Yemen and oil price nears $108 thenationalnews.com
- Oman postpones Hormuz talks between Iran and Gulf states dailytimes.com.pk
