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Economy & Business

Saudis shop for fresh products at a market in Riyadh on Feb. 18, 2026, on the first day of the holy fasting month of Ramadan in Saudi Arabia.

Analysis

Alternative supply routes emerge as Iran war tests Gulf food security

Roughly 61 million people in the Gulf rely on established food supply chains, many of which have been upended since the United States and Israel launched their attack against Iran on Feb. 28.

In Bristol, reporting on regional business, climate change, AI, tech

Young wheat shoots emerge from moist soil in farmland near Zakho, Iraqi Kurdistan region, Dec. 19, 2025.

Iran war hits fertilizer supplies as Fitch warns prices could rise some 25%

Higher prices and availability, due to the closure of the Strait of Hormuz, are raising food security concerns globally as well as in the Middle East.

Commercial vessels are pictured offshore in Dubai on March 11, 2026. AFP via Getty Images

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.

Sakis Mitrolidis / AFP via Getty Images

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.

In Bristol, reporting on regional business, climate change, AI, tech

Latest News

Analysis

Oil-price hikes from Iran war threaten Turkey's rate cuts in inflation fight

Yasin AKGUL / AFP via Getty Images

Ezgi Akin

In Ankara, reporting on diplomacy, EU-Turkey ties, NATO

Airlines gradually restore Middle East flights, Gulf still heavily grounded

An Emirates Airbus A380 passenger aircraft prepares for landing at Dubai International Airport in Dubai on March 8, 2026.

United Arab Emirates

Oil swings steady as Aramco warns of 'catastrophic' Hormuz disruption

Dan Kitwood/Getty Images

Analysis

Oil crisis stokes inflation risks for Mideast as Iran war exposes importers

Smoke and flames rise at the site of airstrikes on an oil depot in Tehran on March 7, 2026.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Adam Lucente

News and Business Correspondent

In New York City, reporting on regional news, militancy, climate change

Jack Dutton

Chief Business Correspondent

In Bristol, reporting on regional business, climate change, AI, tech

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Francisco Serrano

In Lisbon, reporting on North Africa business

Saudi Crown Prince Mohammad bin Salman meets with Egyptian President Abdel Fattah al-Sisi in Cairo on Oct. 15, 2024. — Saudi Press Agency

Egypt's Sisi hosts Saudi crown prince as Cairo looks to attract investment

Saudi's crown prince met with Egypt's president in Cairo on Tuesday, where the two oversaw the signing of an investment protection agreement and the creation of the Saudi-Egyptian Supreme Coordination Council.

A picture taken on February 8, 2015, shows the headquarters of Algeria's state-owned energy giant Sonatrach in the capital Algiers.

Algeria's Sonatrach, European partners sign two green hydrogen agreements

Algeria’s Sonatrach has signed two agreements as the country makes a green hydrogen push both for domestic use and for export to Europe.

CHRISTINE OLSSON/TT/TT NEWS AGENCY/AFP via Getty Images

Turkish-American economist Daron Acemoglu wins joint Nobel Prize

Turkish-American Daron Acemoglu has become Turkey's third Nobel laureate.

BULENT KILIC/AFP via Getty Images

Analysis

East Med energy risks rise as Israel-Iran crisis threatens oil shocks

As the Middle East conflicts intensify, Israeli energy assets are exposed to attack alongside new threats facing Gulf oil supplies.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

An employee works on a steel wheel production line at a factory in Qingzhou, in eastern China's Shandong province on Sept. 27, 2024.

Turkey slaps steel tariffs on China, India, Russia, Japan as trade tensions soar

The move follows China filing a complaint against Turkey at the World Trade Organization over Turkish tariffs on imports of electric vehicles.

NEW YORK, NEW YORK - SEPTEMBER 30: A container ship departs the Port of Newark for the Atlantic Ocean on September 30, 2024 seen from New York City. A massive strike that could shut down ports across the East and Gulf coasts could begin at midnight as members of the International Longshoremen’s Association continue to make salary and other demands to the United States Maritime Alliance, which controls many of the ports across the country. (Photo by Spencer Platt/Getty Images)

Red Sea, Iran energy threats amplify 2025 global economic risks as trade wars, Trump loom

Samuel Wendel

In Washington, DC, reporting on regional business and tech

A Turkish Bayraktar TB2 combat drone is on view during a presentation at the Lithuanian Air Force Base in Siauliai, Lithuania, on July 6, 2022.

Albania to receive 'significant' number of drones from Turkey, PM says

Turkey pledged to send drones to Egypt earlier this year, while the Maldives recently unveiled two Bayraktar TB2 aircraft.

JEAN-CHRISTOPHE VERHAEGEN/AFP via Getty Images

Why Algeria restricted wheat imports from France

French-Algerian relations have grown tense in recent months over France’s colonial legacy and disputes over the status of Western Sahara.

Tingshu Wang/Getty Images

UAE’s AD Ports Group inks major deal with China

Political and economic cooperation between the United Arab Emirates and China is growing, with robust trade ties and a visit by the Chinese premier to the Gulf state.

United Arab Emirates

In an aerial view, container ships sit docked at the Port of Oakland on May 21, 2024, in Oakland, California.

Maersk, Hapag-Lloyd to partner on Africa route avoiding Red Sea

Gemini Cooperation will use the Cape of Good Hope network, which has been the alternative transit route for hundreds of vessels since the Houthis stepped up their attacks on commercial shipping in the Red Sea in mid-November 2023.

A photograph taken on October 28, 2019 shows Saudi and foreign journalists at the Future Investment Initiative (FII) badge collection centre in the Saudi capital Riyadh. - Top finance executives and political leaders have converged on Saudi capital Riyadh for a Davos-style investment forum, in stark contrast to last year's mass boycott following the murder of dissident journalist Jamal Khashoggi. US officials and the heads of giant banks, top asset management firms and major sovereign wealth funds top the g

Gulf sovereign investors unshaken by Middle East wars but opt for global markets

Gulf Cooperation Council investors accounted for 40% of deals made by sovereign investors globally in 2023 and 2024.

United Arab Emirates

Cranes are used at a construction site across from high-rise buildings in Dubai, on Feb. 18, 2023.

Investors undeterred as Dubai’s real estate bubble risks increase in 2024

As players line up to capitalize on Dubai real estate, the city’s record-breaking boom stands out in annual UBS ranking of hot global property markets.

United Arab Emirates