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Economy & Business

The city skyline is pictured in Dubai on March 11, 2026.

Analysis

How long can markets hold their bet on Gulf resilience as war drags on?

A prolonged closure of the Strait of Hormuz and continued assaults on Gulf energy infrastructure are likely to lead to regionwide credit deterioration, experts say.

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

Aluminum ingots in the Aluminium Dunkerque plant of the American Industrial Partner group on Jan. 13, 2022, in Loon-Plage, near Dunkirk, France.

Iran war hits Gulf aluminum exports, risking nearly 10% of global supplies

The Gulf region is a critical hub for aluminum production, supplying roughly 8% to 9% of global output, with disruptions linked to the war now set to ripple through industrial supply chains.

A fuel pump is seen while refuelling a car at a gas station on March 13, 2026 in Kobe, Japan. Japan will release oil reserves to address the rise in gasoline and other petroleum products prices starting next Monday, said Prime Minister Takaichi Sanae. The International Energy Agency (IEA) stated that its member countries agreed to release the largest volume of emergency oil reserves in its history, responding to the disruption in energy markets caused by the Middle East War. (Photo by Buddhika Weerasinghe/G

IEA's Asian members begin deploying emergency oil reserves

International Energy Agency head Fatih Birol said Asian members were releasing more than 100 million barrels of crude to stabilize markets.

Lukoil

Analysis

How Russia stands to win, lose as Iran war squeezes Gulf oil exports

As crude prices surpassed $100 per barrel with the Strait of Hormuz shut, Russia is reaping benefits amid new US sanctions flexibility — but experts say Moscow faces challenges capitalizing on this new market opening.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Latest News

Analysis

Alternative supply routes emerge as Iran war tests Gulf food security

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.

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

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

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

Oil jumps above $100 as energy crisis called worst in history: What to know

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

Group of 32 states to release 400M barrels of oil reserves: What to know

Sakis Mitrolidis / AFP via Getty Images

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

A picture shows the headquarters of UAE's state oil company ADNOC in Dubai on July 27, 2022.

UAE's ADNOC to expand gas processing with $3.6 billion contract

ADNOC Gas announced it would award the contract to a joint venture between ADQ state-fund-owned National Petroleum Construction Company and Spain’s Tecnicas Reunidas.

United Arab Emirates

AFP via Getty Images

Iran says daily oil output to hit 3.5M barrels in September

Iran's oil output will reach 3.5 million barrels per day by Sep. 22, the state-run news agency reports.

The sun sets behind road lamps along a highway in El-Shorouk.

Egypt’s power cuts persist amid heat, declining natural gas production

Egypt wants to export more natural gas, including in cooperation with neighboring Israel, but domestic production is declining amid the government’s efforts to reduce consumption.

From Beijing to Chengdu, UAE’s ENOC establishes first China jet fuel network

The Dubai government-owned oil and gas company said the expansion will extend to strategic cities including Beijing, Shanghai, Guangzhou, Shenzhen and Chengdu.

United Arab Emirates

A picture shows the headquarters of UAE's state oil company ADNOC in Dubai on July 27, 2022.

International business development is next challenge for UAE's ADNOC

The Abu Dhabi National Oil Company (ADNOC) has a range of corporate objectives, including oil production growth, self-sufficiency in natural gas and a net zero emissions target by 2045.

Gerald Kepes

In Washington, DC, reporting on regional energy trends

A man stands in front of Argentina's Central Bank in Buenos Aires, on May 15, 2023.

Qatar loans Argentina $775 million to repay IMF

Qatar continues its practice of assisting financially strapped countries by providing a loan to Argentina, which is also planning to use the yuan to purchase Chinese imports.

A picture shows the headquarters of UAE's state oil company ADNOC in Dubai on July 27, 2022.

UAE’s ADNOC buys stake in Azerbaijan gas field

The move follows a wind and solar energy deal between an Emirati firm and Azerbaijan.

AAMIR QURESHI/AFP via Getty Images

Arab moviegoers wait to see 'Barbie' as UAE, Saudi screenings loom

The summer box office hit is maintaining its delayed premier date of Aug. 31 in the UAE, Al-Monitor confirmed with Vox Cinemas.

United Arab Emirates

PUNIT PARANJPE/AFP via Getty Images

Turkey’s new economy team wins over foreign investors

Turkey’s economy czar and central bank chief have met with foreign investors amid a fresh push to draw foreign funds.

Turkish exchange

Foreign investors buy $179m in Turkey's stocks amid Erdogan's economic reset

Foreign investors bought $179 million in local equities last week, an eighth straight week of inflows, according to the latest data from the Turkish Central Bank.

Turkey inflation

Turkey’s annual inflation hits nearly 50% in July

The spike marks the end of an eight-month downtrend in annual consumer prices as Turkey grapples with one of its worst cost-of-living crises.

MAHMUD TURKIA/AFP via Getty Images

Eni ends 9-year force majeure status for Libyan gas exploration sites

Eni is Libya’s largest gas producer and domestic market supplier with an 80% share of national production.