live Iran, U.S. make competing claims over control of Strait of Hormuz
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over t...
President Donald Trump ended his Gulf tour with announcements of major U.S.-UAE cooperation on AI semiconductors and energy, reinforcing economic ties amid broader regional developments.
President Donald Trump concluded a four-day tour of Saudi Arabia, Qatar and the United Arab Emirates (UAE) on Friday, highlighting a series of high-value agreements between the U.S. and Gulf nations. Among the key outcomes was a preliminary agreement that paves the way for the UAE to purchase advanced AI semiconductors from American firms, supporting Abu Dhabi’s ambition to emerge as a global centre for artificial intelligence.
The AI deal comes as the UAE seeks to balance its longstanding alliance with the United States and its expanding economic partnership with China. The agreement includes provisions that data centres involved in the technology transfer be operated by U.S. companies, reflecting concerns about security and strategic oversight.
President Trump described the agreement as “a very big contract,” adding that it would contribute “billions and billions of dollars in business” and accelerate the UAE’s AI development goals.
Alongside the AI initiative, the UAE announced plans to increase its investments in the U.S. energy sector to $440 billion by 2035, up from $70 billion at present. This commitment was presented by Sultan Al Jaber, CEO of Abu Dhabi National Oil Company (ADNOC), who also noted reciprocal investments from American energy firms in UAE-based projects. Key U.S. companies involved include ExxonMobil, Occidental Petroleum (Oxy), and EOG Resources.
The trip also marked follow-up actions from a previously announced $1.4 trillion UAE investment framework targeting U.S. sectors such as energy, AI, and manufacturing. A new $14.5 billion deal was confirmed between Etihad Airways and Boeing for the purchase of 28 aircraft.
On the diplomatic front, Trump met with Syria’s interim leader and confirmed the U.S. decision to lift sanctions on the country. This move, supported by Saudi Arabia, enabled an $800 million agreement between Syria and UAE-based DP World to develop the port of Tartous. Trump stated that the policy shift was unilateral and not discussed with Israel.
Commenting on broader regional policy, Trump expressed optimism about future cooperation between Syria and Israel and encouraged Syrian participation in the Abraham Accords. He also noted progress in discussions with Iran regarding a potential nuclear agreement, stating that Tehran had received a U.S. proposal and acknowledged the urgency of negotiations.
Disruption in the Strait of Hormuz has increased the strategic importance of Bab al-Mandab, raising fears that instability in both waterways could trigger a wider global energy and trade crisis.
Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source who said there had been no progress in talks to revive the interim deal agreed in June and define a timeframe to implement it.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 12th of August, covering the latest developments.
Taiwan staged military defence drills on Wednesday as China concluded joint naval exercises with Indonesia in waters east of the island.
Washington’s counter-narcotics push is expanding as Colombia’s new conservative government backs deeper security cooperation.
Meta said it had removed more than 750,000 Facebook and Instagram accounts suspected of belonging to Australians under 16, as the country’s internet regulator weighs enforcement action over its teen social media ban.
Russia has accused Ukraine of threatening global grain supplies after recent strikes on Black Sea agricultural infrastructure, while Moscow carried out a new overnight attack on Ukraine’s major Danube port of Izmail.
Russian President Vladimir Putin has used Pacific Fleet drills to criticise Japan, NATO and possible Western moves against Russian commercial ships. He made the comments during his first visit to Iturup, a Japan-claimed island at the end of the Kuril chain near the island of Hokkaido.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment