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Syria announces direct flights to Amsterdam as Europe links expand

The head of Syria’s General Authority of Civil Aviation and Air Transport announced that after years of suspension, Syrian Airlines would restart direct services between Damascus and Amsterdam.

Qatar's Energy Minister and CEO of QatarEnergy Saad Sherida al-Kaabi speaks during a press conference in Doha on June 22, 2026.

Explainer

Qatar blast underscores challenges in race to restart Gulf energy flows

The deadly explosion marks an early test of Gulf efforts to revive oil and gas production following a historic energy supply shock caused by the US-Israel-Iran war.

A worker counts banknotes after filling up the tank of a vehicle at a petrol station in Giza on March 10, 2026.

Interview

US-Egypt fund makes case for economic statecraft in hard power era

As Washington focuses on war and deterrence, the Egyptian-American Enterprise Fund argues private-sector investment can advance US strategic interests.

Cornelius Queen

Cornelius Queen

Senior Vice President of the Egyptian-American Enterprise Fund

MUSCAT, OMAN - JUNE 21: Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos around Qaboos Port on June 21, 2026 in Muscat, Oman. The Strait of Hormuz, a vital shipping route for the region's oil and gas, was effectively blockaded since the outbreak of war between the United States and Iran in late February. This week's provisional peace deal between the countries was meant to reopen the waterway to shipping traffic, but the pace of that reopening is unclear amid continued fighting in Lebano

Oil falls more than 3% after Iran, US signal progress in talks

International benchmark Brent crude fell to $78.68 as of 7:06 a.m. EDT.

Latest News

Analysis

US-Iran deal delivers $300 billion controversy, reconstruction questions

A woman walks past a billboard displaying Iran's national flag at Enghelab Square in Tehran on June 14, 2026.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Interview

Franco-Gulf investment holds firm despite Iran war, French official says

French Trade & Invest Commissioner for United Arab Emirates and Middle East and Business France's regional director for the Middle East Axel Baroux. — Business France

Axel Baroux

France’s trade and investment commissioner for the UAE and Middle East

Gulf investment to turn inward to rebuild postwar infrastructure: QNB

A picture taken on June 5, 2017, shows a man walking past the Qatar National Bank branch in the Saudi capital Riyadh.

Saudi Aramco's VC arm sees boom in emerging technologies, retail

FAYEZ NURELDINE/AFP via Getty Images

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

Oil tankers and high-speed crafts anchored near the Strait of Hormuz, Muscat, Oman, March 30, 2026.

Analysis

Oman’s wartime paradox: Diplomatic losses, economic gains

Experts see Oman gaining long-term economic benefits from the US-Israel-Iran war even as the conflict bruises Muscat’s diplomatic standing.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Analysis

UAE's Sky News Arabia split from Sky raises issue of media, power in Gulf

UK-based Sky News recently announced that it would relinquish its stake in the 24-hour Arabic-language channel launched with Emirati partner International Media Investments.

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

BOUREIMA HAMA/AFP via Getty Images

Algeria begins work on Trans-Saharan gas pipeline to Europe

Algerian state-owned energy giant Sonatrach will build a section of the pipeline and connect it to an existing system in the southwestern Aoulef region that supplies Europe.

RANIA SANJAR/AFP via Getty Images

Saudi Arabia's new Riyadh Air set to begin flights amid aviation turmoil

Saudi Arabia's long-awaited national airline is set to begin commercial flights on July 1 as the US-Israel-Iran war continues to cloud regional aviation.

Amjad Kurdo / Middle East Images / AFP via Getty Images

Explainer

How Iran war created unexpected economic beneficiaries

The Strait of Hormuz crisis is reshaping global energy and trade flows, creating opportunities for economies far beyond the Middle East.

Tankers are seen at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in the Sharjah Emirate, along the Strait of Hormuz, a waterway through which one-fifth of global oil output passes on June 23, 2025.

UAE eyes first multifuel pipeline as Hormuz crisis drags on

State-owned Abu Dhabi National Oil Company is considering building a refined oil products pipeline that bypasses the Strait of Hormuz.

United Arab Emirates

People stand in front of the Arrow 3 shield system during an event of the German Air Force to declare the Initial Operating Capability for the Arrow Weapon System for Germany at the Annaburger Heide Air Base in Schoenewalde / Holzdorf, eastern Germany, on Dec. 3, 2025.

Record Israeli arms exports highlight global rush for air defense

Rocket and air defense systems sales accounted for 29% of Israel's defense exports in 2025.

AHMAD AL-RUBAYE/AFP via Getty Images

Iraq arrests deputy oil minister in anti-corruption push

The arrest of Adnan al-Jumaili marks a second signification step against corruption by Prime Minister Ali Al-Zaidi’s government amid growing pressure from the Trump administration.

The symbols of bitcoin and the stablecoin Tether (USDT) are displayed at a cryptocurrency store in Hong Kong on July 29, 2025.

Interview

Saudi Arabia eyes state-backed stablecoin amid digital finance push

Tokenization in Saudi Arabia has rapidly evolved from concept to early-stage execution since the early 2020s.

An oil refinery in the northern Libyan town of Ras Lanuf, June 3, 2020.

Analysis

Iran oil shock jolts Libya’s fortunes, but old fault lines complicate national recovery

Soaring energy prices due to the Iran war are delivering a windfall to Libya just as the country's oil and gas sectors show signs of resurgence.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Win McNamee/Getty Images

Explainer

Trump team floats $300B Iran fund after rejecting Tehran’s past business pitch

Amid negotiations to end the war, an eye-catching new proposal from the Trump administration echoes past attempts to use business deals to avert new regional hostilities.