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Economy & Business

Foreign Ministry Spokesperson Lin Jian holds a press conference on Aug. 19, 2026.

China slams Trump over economic war on Iran: What to know

China’s once significant oil imports from Iran have been impacted by the war in the region and increasing US sanctions.

Iranians drive past an anti-US billboard at Enghelab Square in central Tehran, Aug. 3, 2026.

Trump’s Iran ‘economic D-Day’ threat sends oil prices above $94

In a Truth Social post, the president threatened that any country that provides a financial lifeline to Iran will face "tremendous economic consequences."

AHMAD AL-RUBAYE / AFP via Getty Images

Explainer

Iraq seeks special Hormuz access from Iran in scramble to keep oil flowing

As Iran's parliament speaker holds talks in Baghdad, Iraq has asked Tehran for special consideration for its oil exports.

Latest News

Turkey looks to expand Syria energy footprint into oil, gas

President Ahmad al-Sharaa meets Turkish Energy and Natural Resources Minister Alparslan Bayraktar at the People’s Palace in Damascus, Syria, on Aug. 19, 2026.

Oil nears $92 on UAE missile alert as Trump claims Iran talks stuck

Leon Neal/Getty Images

United Arab Emirates

Explainer

What US sanctions on Syria remain as Shibani, Barrack hold talks?

RAMI AL SAYED/AFP via Getty Images

UAE billionaire Habtoor takes aim at Ben Gvir’s Gaza rhetoric

A picture take on Sept. 13, 2017, shows Khalaf Ahmad Al Habtoor, chairman of the Al Habtoor Group, attending the World Premiere of La Perle in Dubai.

United Arab Emirates

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

Smotrich

Israel credit outlook lowered, budget to be amended amid Hamas war

Israel’s credit rating was in trouble before the war in Gaza due to the government’s controversial judicial reform plans, and the war is affecting the country's fiscal situation.

IAN TIMBERLAKE/AFP via Getty Images

Saudi Aramco, South Korea's Hyundai sign $2.4B contract to develop gas field

The contract was signed during South Korean President Yoon Suk Yeol’s visit to Saudi Arabia.

DANIEL LEAL/AFP via Getty Images

Bank of Israel leaves interest rates unchanged, citing Hamas war

Israel's central bank is concerned with the prospect of an extended war in the Gaza Strip and the depreciation of the shekel.

The Tamar drilling natural gas production platform, some 25 kilometers west of Ashkelon, Israel, February 2013.

Analysis

Could Israel-Hamas war lead to another winter energy crisis for Europe?

LNG spot prices have shot up since the Israel-Hamas conflict broke out, but European inventories are at all-time highs.

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

Shell's Brent Delta Topside offshore oil drilling rig platform.

Oil prices on rise amid Israel-Hamas war, Iran embargo call

Oil prices have risen to an extent following the start of the Israel-Hamas war, but further gains may be dependent on how the conflict plays out.

Octopus Energy's wind turbine in Glastonbury, June 13, 2023.

Morocco-UK Xlinks undersea power cable to generate 'real value': Octopus Energy

Octopus Energy CEO Greg Jackson said that it would help Morocco fight climate change.

Patrick Pouyanne, CEO, TotalEnergies 1

COP28 could allow oil industry to form coalition to cut emissions: TotalEnergies

TotalEnergies CEO and chairman Patrick Pouyanne said that national oil companies as well as public and private ones must join the group.

United Arab Emirates

Survivors fill up water from a tanker truck in their earthquake-hit village of Ineghede on September 17, 2023. Over a week since a 6.8-magnitude quake devastated parts of central Morocco, many worry that the dire living conditions and poor hygiene spell new threats for the survivors. The disaster killed nearly 3,000 people and injured thousands more when it hit in Al-Haouz province. (Photo by FETHI BELAID / AFP) (Photo by FETHI BELAID/AFP via Getty Images)

Morocco earthquake reconstruction to test government’s speed of execution

The speed and depth of Morocco's $11.7 billion reconstruction following the massive earthquake last month will have a huge impact on the economy and budget over the coming years.

Francisco Serrano

Francisco Serrano

In Lisbon, reporting on North Africa business

Israeli oil platform extracting natural gas from Mediterranean Sea.

Israeli gas continues to flow despite Gaza conflict, but risks remain

A prolonged war might mean less exported gas to Egypt, and in turn less supply for Europe.

Amin Nasser Aramco

Renewable energy industry not ready to shoulder global demand, Aramco says

The boss of the world's largest oil company doubled down on investing more in oil and gas, despite Greta Thunberg and other climate activists protesting outside the conference he was speaking at in London.

A picture shows a view of the dried-up bed of the al-Kalal River in the city of Badrah, near the Iran border, on August 28, 2023. Iraq's drought reflects a decline in the level of waterways due to the lack of rain and lower flows from upstream neighboring countries Iran and Turkey.

Agriculture, business interests will continue to weigh on Iran’s water sector

Bijan Khajehpour

Bijan Khajehpour

In Vienna, reporting on Iranian politics

Harry McGuire Man Utd

Qatar pulls out of Manchester United acquisition race

The Qatari royal and banker had bid 5 billion pounds ($6 billion) for the British soccer club but further talks last week have broken down, the BBC reported Sunday.