Chinese electric vehicle maker XPeng has named an exclusive distributor in Oman, marking its fourth GCC market. The company previously entered the UAE in late 2024 through Ali & Sons and maintains a Dubai spare-parts hub with JD Logistics.
Iran stated it remains committed to diplomacy while prepared to confront aggression after US President Donald Trump rejected its ceasefire road map for the Strait of Hormuz. Tehran proposed a seven-day truce involving the reopening of the waterway on the sixth day in exchange for specific US steps, including unfreezing Iranian assets. Iranian military commanders maintained that naval forces retain decisive control over waters leading into the strategic strait.
State-owned QatarEnergy has extended force majeure notices on liquefied natural gas deliveries to Italian utility Edison and Asian buyers due to continued transit disruptions in the Strait of Hormuz. Deliveries to Edison are suspended until early December, while Asian clients in Bangladesh and Pakistan face cancellations through November. Data from ICIS shows Qatari LNG exports fell to 18 cargoes through end-August 2026, compared to 509 in the same period last year.
Qatar Airways issued an official notice stating that congestion at Hamad International Airport was caused by the nationwide WATAN 2026 emergency drill. The airline confirmed regular flights, arrivals, and departures operated normally without disruptions, dispelling evacuation rumors.
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