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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.

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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

Republican presidential candidate Donald Trump gives a keynote speech on the third day of the Bitcoin 2024 conference at Music City Center, Nashville, Tennessee, July 27, 2024.

Trump crypto partner Tron allegedly used by Hamas, Hezbollah: What we know

Financial experts and Israeli authorities say Tron, a partner organization of Donald Trump's World Liberty Financial, is used by the Iran-backed militant groups to transfer crypto assets.

Syrian pounds are pictured at a currency exchange shop in the town of Sarmada in Syria's northwestern Idlib province, on June 15, 2020.

Syria's interim PM warns foreign currency shortage could hinder refugee return

Nearly 14 years of civil war, international sanctions and the exodus of 4.82 million Syrians have crippled the economy, resulting in a sharp decline of the Syrian pound.

UAE free trade zone

UAE to host world's largest production plant for certain bioplastics

The world's largest bioplastic plant will soon become an industry player in Abu Dhabi's free trade zones.

United Arab Emirates

Former U.S. President Donald Trump leaves after addressing members of the media following the verdict in his hush-money trial at Trump Tower on May 31, 2024 in New York City. A New York jury found Trump guilty Thursday of all 34 charges of covering up a $130,000 hush money payment to adult film star Stormy Daniels to keep her story of their alleged affair from being published during the 2016 presidential election. Trump is the first former U.S. president to be convicted of crimes.

Trump Organization to build luxury housing in Saudi capital: What we know

The two companies this week will also launch the Trump Tower in Jeddah, the third project between Dar Global and the Trump Organization.

The US Treasury Department building in Washington, DC, Jan. 19, 2023.

Analysis

German firm's $14.5M fine not a deterrent for violating Iran sanctions

The US Treasury's Office of Foreign Assets Control levied the penalty against Aiotec GmbH, an industrial equipment–sourcing company.

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

FADEL SENNA/AFP via Getty Images

Analysis

Growing arms race tests Morocco’s military tech edge, Israel ties

Morocco has been steadily building up its military in recent years and in November reports surfaced that the North African country was in talks to acquire Turkish drones.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Bpifrance, Saudi PIF sign $10B financing agreement

The five-year agreement will increase collaboration between PIF and Bpifrance Assurance Export, focusing on projects to support Vision 2030, Saudi Arabia’s plan to diversify the economy away from reliance on oil.

SAM PANTHAKY/AFP via Getty Images

Airbus becomes latest multinational to open regional HQ in Saudi Arabia

The European plane maker aims to develop local talent and technological expertise in the fast-growing Gulf market.

STEFANI REYNOLDS/AFP via Getty Images

Turkey ends probe into Meta over Threads data sharing

Turkey's Competition Board has ended its investigation on Meta after the company agreed to new data-sharing terms for Threads.

OLE BERG-RUSTEN/AFP via Getty Images

Norway's sovereign fund divests from Israel's Bezeq over West Bank links

Norway’s sovereign wealth fund said it has sold all of its shares in Israel’s largest telecoms firm Bezeq, as it provides services to the Israeli settlements in the occupied West Bank.

Cars drive along a street in front of high-rise buildings in Dubai, on Feb. 18, 2023.

Dubai property market prices to rise further next year, Knight Frank says

Dubai’s real estate market, which has been booming for the last five years, is predicted to soar even higher.

United Arab Emirates

LUDOVIC MARIN/AFP via Getty Images

France's Macron eyes defense deals, Lebanon support on Saudi state visit

French President Emmanuel Macron will meet Saudi Crown Prince Mohammed bin Salman for a one-on-one dinner on Tuesday.