Group of 32 states to release 400M barrels of oil reserves: What to know The move would mark the agency's largest ever release of oil reserves to stabilize the global market. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Analysis Oil-price hikes from Iran war threaten Turkey's rate cuts in inflation fight Surging oil prices and regional disruptions could halt monetary easing and widen Turkey’s current account deficit. By Ezgi Akin In Ankara, reporting on diplomacy, EU-Turkey ties, NATO
Airlines gradually restore Middle East flights, Gulf still heavily grounded More than 43,000 of the 78,500 scheduled flights in and out of the Middle East have been canceled since the war began Feb. 28, according to flight data firm Cirium. United Arab Emirates
Oil swings steady as Aramco warns of 'catastrophic' Hormuz disruption As investors appear to hedge their bets on persisting war risks, strikes on Gulf energy infrastructure continued on Tuesday, with a drone hitting the region’s largest single-site oil refinery. Iran
Analysis Oil crisis stokes inflation risks for Mideast as Iran war exposes importers By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis Qatar gas shock roils Middle East energy risk profile amid Iran war By Samuel Wendel In Washington, DC, reporting on regional business and tech
India weighs options as US ends waiver for Iran’s Chabahar Port: What to know India has been working to develop the strategically important Gulf port for close to a decade, but the move has been complicated by US sanctions on Iran. Iran
Trump’s tariffs push India closer to UAE as non-oil trade soars 34% UAE Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi says that the two countries are on track to reach $100 billion in non-oil trade by the end of the decade. United Arab Emirates
IEA report: Mideast electricity generation to rise 50% by 2035 as renewables expand The International Energy Agency said that oil and gas remain the main sources of energy in the Middle East and North Africa, but noted the region’s rising investment in alternatives and renewable energy potential. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
As EU tries to wean off Russian gas, pipeline imports via Turkey rise The European Union is importing more Russian gas via Turkey despite efforts to end imports from Russia. Turkey
Russia’s energy minister in Iran to discuss stalled natural gas deal: What to know Russia and Iran are strengthening their energy ties amid their growing international isolation. Iran
Saudi Arabia's PIF buys $2B majority stake in entertainment giant MBC The deal highlights the PIF’s continued expansion into the regional media and entertainment sector in accordance with Saudi Arabia's Vision 2030 agenda. Saudi Arabia
Saudi sports push targets NFL with flag football series featuring Tom Brady The Public Investment Fund is not yet investing in the National Football League amid restrictions on state entities, but is eyeing flag football as the sport grows in the region. Saudi Arabia
ADNOC’s XRG abandons $18.7B takeover bid for Australia’s Santos The consortium led by XRG made an $18.7 billion nonbinding indicative proposal in June to acquire Santos in an all-cash deal worth 8.89 Australian dollars ($5.76) per share. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Ben & Jerry's co-founder quits over Gaza battle with owner Unilever Jerry Greenfield has resigned after 47 years with the company he founded, saying he could no longer “in good conscience” remain an employee of Ben & Jerry’s and that the company had been “silenced” by Unilever. Palestine
Egypt's Suez Canal Economic Zone posts record $237M revenues Suez Canal transit revenues declined 54% between July 2024 and March 2025, caused by reduced shipping traffic in the Red Sea amid attacks by Yemen's Houthi rebels on commercial vessels. Egypt
Google Pay, China’s Alipay+ launch in Saudi Arabia amid cashless push Both payment platforms will use mada, the kingdom’s national payment system. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Turkish markets, lira gain as Ankara delays ruling on opposition head's ouster An Ankara court adjourned a case to October 24 to ouster the opposition CHP party's chairman, as part of a long-running political crackdown by the ruling AKP party. Turkey