One of Abu Dhabi’s newest investing giants is picking up the pace of dealmaking in the face of an escalating war in the region, unveiling an investment in fitness band maker Whoop Inc. and agreeing to buy a US gas infrastructure firm.
Israel and US strikes have wiped out senior Iranian leaders and hit key targets across the country. But after a month of fighting, it is arguably Iran that has secured the most significant strategic victory — a tightening grip over traffic through the Strait of Hormuz.
A small cargo of Saudi crude is heading to Pakistan after crossing the Strait of Hormuz along a route hugging the Iranian coastline. A total of seven vessels were visible leaving the Persian Gulf on Saturday.
©2026 Energy Connects. All Rights Reserved
Back To Top