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Economy & Business

A liquefied natural gas (LNG) tanker is moored at a LNG berth in Kawasaki, Kanagawa, prefecture April 8, 2026.

IEA delivers grim gas supply forecast as oil notches 15% weekly rise

A wave of new LNG supplies will be delayed for at least two years due to war-related damage to Qatari energy infrastructure, according the International Energy Agency's latest market update.

A person walks past the closed Metropolitan Opera at Lincoln Center on Jan. 7, 2021, in New York City.

Why did the Met Opera lose its Saudi funding deal?

The deal, announced as a nonbinding memorandum of understanding last September, would have seen the PIF inject up to $200 million into the opera institution over the next eight years.

Refueling trucks are seen at Southend Airport on April 17, 2026, in Southend, England.

Which airlines are cutting flights amid Hormuz fuel disruption?

European and Asian airlines have been most impacted by the closure of the Strait of Hormuz, which is throttling jet fuel supplies.

BAY ISMOYO / AFP via Getty Images

How are Iran-linked tankers still moving through Hormuz blockade?

At least 19 Iran-linked tankers have passed through the US blockade on the strait to exit the Gulf while at least 15 have entered, according to the cargo-tracking group Vortexa.

Latest News

Analysis

Gulf energy deals face Iran war stress test as global expansion meets oil shock

A picture shows the Ras Laffan Industrial City, Qatar's principal site for production of liquefied natural gas and gas-to-liquid, administrated by Qatar Petroleum, some 80 kilometers (50 miles) north of the capital Doha, on Feb. 6, 2017.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Could UAE tap US currency swap line as Iran war strains Gulf economies?

Haruna Furuhashi /Getty Images

United Arab Emirates

EU to restore Syria cooperation pact ahead of May talks: What to know

Tobias SCHWARZ / AFP via Getty Images

Oil rises, Gulf stocks slide after Iran ship seizure throws truce into doubt

A man walks past a screen displaying stock indices at the Dubai Financial Market stock exchange in Dubai, March 4, 2026.

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

Khaldoun al-Mubarak, Managing Director and Group Chief Executive Officer of the Mubadala Investment Company, speaks at a panel session during the World Government Summit in Dubai on February 12, 2024. (Photo by RYAN LIM / AFP) (Photo by RYAN LIM/AFP via Getty Images)

Mubadala investments soar by 33% as UAE deepens AI ties with US

Mubadala made 119 billion Emirati dirhams ($32.4 billion) worth of investments in 2024, up 33.7% from the previous year, according to a Thursday statement from the UAE fund.

United Arab Emirates

Pakistan flights

Mideast airlines suspend Pakistan flights following Indian strikes

Pakistan closed its airspace for 48 hours starting early Wednesday following Indian airstrikes on several locations that left at least 15 people dead.

United Arab Emirates

U.S. President Donald Trump arrives in the Cross Hall of the White House to deliver remarks during an event on "Investing in America" on April 30, 2025 in Washington, DC

Wall Street, Silicon Valley executives to join Trump in Saudi Arabia as US courts Gulf funds

US President Trump is visiting Saudi Arabia, Qatar and the United Arab Emirates on May 13-15 in his first foreign visit since returning to the White House for his second term in January.

Nodding donkey rig pumping crude oil up from the ground of an oil field in the desert.

Goldman Sachs lowers oil forecast after OPEC+ boosts production: What to know

Saudi Arabia, Russia and other members of OPEC+ announced another major production increase, sending oil prices below $60 a barrel.

Brandon Bell/Getty Images

OPEC+ moves up meeting as oil prices continue to drop: What to know

Saudi Arabia has signaled it is willing to live with lower oil prices as US President Donald Trump calls for more production.

Sheikha Mayes Al-Thani speaks at inaugural USQBC-SelectUSA event in Washington, DC, February 25, 2024.

Interview

Qatar’s digital future offers opportunities in AI, energy, says head of US-Qatar Business Council

Talent, not just capital, is key to sustainable growth, says Sheikha Mayes Al Thani.

Sheikha Mayes Al Thani

Sheikha Mayes Al Thani

Managing Director, US-Qatar Business Council

MAHMUD TURKIA/AFP via Getty Images

Libya, Turkey deepen economic ties with new trade committee, $5B target

Turkish Trade Minister Omer Bolat said on a visit to Tripoli that the two countries want to increase their annual trade volume from $3.7 billion to over $4 billion this year and to $5 billion in 2026.

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

FAYEZ NURELDINE/AFP via Getty Images

China JV wins $1.13 billion contract to relocate Saudi university facilities

The KSU deal marks the latest in a series of large contracts awarded by the Diriyah Company, which is overseeing the city project.

Qatari Emir Sheikh Tamim bin Hamad Al-Thani met Venezuelan Vice President Delcy Rodriguez at the Amiri Diwan office in Doha on April 29, 2025.

Venezuela’s VP meets emir in Qatar, looks to expand energy ties: What to know

Qatar has demonstrated interest in Venezuela’s recovering oil industry as well as mediation between the US and the South American country.

French Foreign Minister Jean-Noel Barrot attends a press conference in Baghdad, April 23, 2025.

France, Germany, UK to reapply Iran sanctions if US talks fall through: Barrot

US and Iranian diplomats have in recent weeks held three rounds of Oman-mediated talks aimed at reaching a new deal on Iran's nuclear program.

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

This picture shows a poster depicting King Abdulaziz bin Saud (L), the founder of the modern kingdom of Saudi Arabia, King Salman bin Abdulaziz (C), and Crown Prince Mohammed in Riyadh on April 16, 2023.

China’s Sinopec, Saudi Aramco to establish $4B energy venture: What to know

The joint venture will engage in port operations, crude oil transportation and other activities at the refinery and petrochemical complex in the Gulei Port Economic Development Zone in Zhangzhou, in China's Fujian province.

An aerial view shows the Halwaniya neighborhood in Aleppo, Syria on Apr. 12, 2025.

Qatar, Saudi Arabia to pay off Syria’s $15M World Bank debt: What to know

Both Gulf states have played a key role in the diplomatic outreach of Syria's new government.