Oil jumps above $100 as energy crisis called worst in history: What to know The latest spike is the second time in a week that oil prices have climbed above $100 a barrel. Iran
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
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
Cryptocurrency giant Binance opens trading access to Syria: What to know Binance’s announcement comes after the United States and the European Union lifted most economic sanctions on Syria last month. Syria
EU commission removes UAE, adds Lebanon and Algeria to money laundering list: What to know The changes to the list are still pending approval from EU member states and the European Parliament, likely within the next month. United Arab Emirates
UAE’s Al Habtoor Group to send business delegation to Syria: What to know Al Habtoor Group's announcement comes after the United States and European Union lifted most economic sanctions on Syria last month. Syria
Turkey: $30M credit card scam hits tourists in coastal resort, 20 arrested The alleged ringleader, a hotel owner identified as "H.O.," stole the money by sharing credit card details of tourists checking into the property. Turkey
Syria to rejoin SWIFT payment system ‘within a few weeks’: What to know It marks a major milestone in Syria’s economic recovery from sanctions imposed in 2011 in response to human rights abuse allegations against the regime of long-time dictator Bashar al-Assad. Syria
Analysis Israel posts record $14.7B in defense deals as European demand soars: What to know European customers are largely behind the jump in Israeli weapons sales, and one expert said concerns over Israel’s conduct in the war in Gaza appears to have had only a limited effect on Europe’s demand for Israeli weapons. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
Analysis North Africa’s rail race spurred by World Cup, trade and bullet trains Algeria, Egypt, Morocco and Tunisia are betting on high-speed rail, long-distance routes and expanded networks to improve their economic outlook and project power. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Morocco’s agricultural, fishing sectors plunge in 2024 amid drought, climate strain Agriculture is a pillar of the Moroccan economy, and in 2023, it amounted to more than 11% of the country’s gross domestic product. Morocco
Egypt launches 5G network as North Africa's digital push accelerates North African states are moving to introduce high-speed internet and data-intensive applications to business and government sectors in the face of increasing demand. Egypt
Iran oil exports to China fall sharply amid US sanctions, weakened demand China is by far Iran’s largest customer for oil, snapping up around 90% of the Islamic Republic’s shipments. Iran
UAE's Alterra targets Italian solar as part of $250B green finance drive The Emirati private investment fund aims to mobilize $250 billion through partnerships in global climate finance annually. United Arab Emirates
Mideast airlines to deliver industry’s highest profit margins in 2025 The region's airlines are forecast to hit a profit margin of 8.7% in 2025, slightly lower than last year's figure of 8.9% but the highest in the industry. Saudi Arabia