State-owned energy giant driving Abu Dhabi’s oil future
Shipping through the Strait of Hormuz has ground toward a halt this weekend as a 60‑day ceasefire between the U.S. and Iran has reached its expiry and negotiations remain stalled. Kpler data shows single‑digit daily transits; Iran has repeated demands that the U.S. lift its naval blockade, remove sanctions and pay reparations, while the U.S. says it can maintain the blockade indefinitely and is planning further economic pressure.
Iran and Oman are moving toward a joint, temporary shipping route through the Strait of Hormuz. Tehran says the arrangement is near finalisation but does not guarantee a full reopening of the strait. U.S. officials anticipate a broader peace framework is still necessary, and regional actors warn that security remains tied to American policy and broader ceasefire talks. Oil markets respond with volatility as talks continue.
The US has ongoing shortages of long‑range missiles and interceptors amid the Iran war. Authorities are replenishing stockpiles, ramping up production, and monitoring ally readiness as munitions levels remain stressed. Multiple outlets report depleted Patriot and THAAD interceptors and widespread use of ATACMS, PrSM, Tomahawks, and other missiles.
The US is considering an off-ramp from the Iran conflict as officials say air strikes alone may fail to meet goals. Discussions involve top advisers and notes of potential agreements with Iran and Oman over Hormuz shipping routes. Officials deny public discussion of confidential conversations.
Iran and Oman have approached a provisional arrangement to manage transit through the Strait of Hormuz, but Tehran has set new conditions — including compensation and an end to attacks — and Iran's Revolutionary Guards have said the strait will stay closed until Washington meets those demands. Attacks on commercial vessels and rising oil prices have followed.
Israeli forces have ordered the evacuation of Mansouri and carried out strikes that injured at least eight people, displacing families who are waiting on the towns outskirts to learn whether they can return. Residents and local officials say Israel has demolished homes and burned farmland, and negotiators in Rome have not secured a withdrawal from southern Lebanon.
Iran says the Strait of Hormuz will not reopen until the US ends the war, frees frozen assets and delivers a region-wide ceasefire. Tehran has presented six conditions, linking reopening to Washington’s compliance and Oman-mediated talks, while attacks near key shipping routes continue.
President Donald Trump has said he will "pretty soon" declare the Strait of Hormuz to be US territory after defeating Iran, and has touted a US naval blockade. Iran has rejected the claim, saying the strait "will only be closed and opened under Iran's command" and has refused to resume talks while the waterway remains blocked. Mediators continue quiet contact.
Iran has said three of its pilots were captured by Qatari forces after Su-24 jets crashed during an operation over Qatar in March. Qatar has denied detaining surviving aircrew, saying its search teams recovered one body and invited Iran to review the rescue operation; Tehran says Doha has not responded to its request to allow an Iranian investigation.
ADGM reports a near 14,000 active licenses by June, with assets under management up 54% year over year. Separately, Parpública has submitted its assessment after binding bids from two airlines, with the presidency negotiating to reflect their close value.
Aliko Dangote has opened a month-long IPO for Dangote Petroleum Refinery, offering roughly 3% of the company to retail investors from 14 September with minimum purchases of 10 shares. The sale will fund plans to double capacity to about 1.4m barrels per day and expand listings outside Africa, while critics warn of concentration of ownership and valuation risks.
Temasek is expanding with new offices in Riyadh and Abu Dhabi to engage Gulf institutions and pursue long-term infrastructure and private-market opportunities, aligning with regional transformation and existing partnerships.