Economy and trade

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.

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.

Analysis

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

ADNOC, Aramco and QatarEnergy have aggressively expanded their international portfolios in recent years, a strategy facing new constraints as the US-Israel-Iran war impacts Gulf production and exposes structural risks.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Syria's President Ahmed al-Sharaa arrives ahead of a meeting with Britain's Prime Minister Keir Starmer at 10 Downing Street in central London on March 31, 2026.

Syria’s Sharaa makes fourth visit to Saudi Arabia, first since Iran war: What to know

The visit comes in light of the deepening economic relations between Syria and Saudi Arabia post-Assad.

A fuel truck CarbOil services an Easyjet aircraft at Milan's Malpensa Airport on April 13, 2026.

Eurozone's inflation jumps 2.6%, jet fuel shortages loom amid Iran war

Inflation has been soaring globally amid an energy supply crunch caused by the blockade of the Strait of Hormuz.

Latest News

As US blockades Hormuz, China urges restraint, rejects call to ditch Iran oil

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Analysis

Ceasefire without relief: How Iranians are grappling with post-war repression

People gather under a large portrait of Iran's new Supreme Leader, Mojtaba Khamenei, during a memorial to mark the 40th day since his father, Ali Ayatollah Khamenei, was killed in US-Israeli joint strikes, on April 9, 2026, in Tehran, Iran.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

Iran war deepens Gaza crisis as prices soar, aid falters

Children and families gather to receive free meals shortly before Iftar during the holy month of Ramadan at a displacement camp in central Gaza City, on Feb. 27, 2026.

Daoud Kuttab

By Daoud Kuttab

In Amman, reporting on Palestinian politics

Israel energy minister says gas flowing to Egypt, Jordan despite shutdown reports

A view of the platform of the Leviathan natural gas field in the Mediterranean Sea is pictured from the Israeli northern coastal beach of Nasholim, on Aug. 29, 2022.

This photograph taken on June 9, 2023, shows the Central Bank of Turkey, in Ankara.

World Bank official says Turkey's economic U-turn 'step in right direction’

The comments from the institution’s Turkey director follow the Turkish government finally raising interest rates to battle inflation. But the Turkish economy is still struggling.

Demonstrators lift flags during a protest against the Israeli government's judicial overhaul bill, in front of the stock exchange complex in Tel Aviv on July 18, 2023. The proposals have divided the nation and triggered one of the biggest protest movements in Israel's history since being unveiled in January by the hard-right government of Prime Minister Benjamin Netanyahu. (Photo by Menahem KAHANA / AFP) (Photo by MENAHEM KAHANA/AFP via Getty Images)

Israel's foreign investments drop 60% in first quarter of 2023

A report published by Israel's Finance Ministry suggests that foreign investments are decreasing, as are the number of Israeli startups sold to foreign companies.

People visit the stand of Spanish company Telefonica at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 27, 2023. (Photo by Pau BARRENA / AFP) (Photo by PAU BARRENA/AFP via Getty Images)

Spain investigates Saudi Arabia’s 9.9% acquisition of Telefonica

Saudi Arabia’s STC Group announced a 9.9% purchase in the $2.1 billion telecom company, but the Spanish government must approve the plan.

A cannabis field is seen in the village of Azila in Ketama region at the foot of the marginalized and underdeveloped mountainous region of Rif, Morocco, Sept. 16, 2022.

In Europe's cannabis market, Morocco faces stiff competition from Israel

BRICS

Saudi Arabia, UAE, Iran give BRICS economic boost, but won’t rival US leadership

Tangible economic benefits may be some distance away, experts say, but the symbolic benefit is joining an alliance separate from, or opposed to, Western interests.

UAE NZ

UAE trade offensive continues, this time with New Zealand deal

The UAE is looking to secure its sixth trade agreement of the year as it increases its non-oil trade globally, with intentions to reach $1.09 billion by 2031.

United Arab Emirates

ANGELA WEISS/AFP via Getty Images

Saudi sovereign wealth fund invests in US mixed martial arts league

The new area of sports investment follows major Saudi investments in golf and soccer.

Sheikh Mohammed bin Radhid Al-Maktoum 1

UAE’s non-oil trade hits record $340B in first half of 2023

Trade is set to increase after the BRICS bloc of major developing economies announced last week that the United Arab Emirates was among the list of countries invited to join the group.

United Arab Emirates

Flags of (L to R) South Africa, Brazil, Russia, India and China during the 2023 BRICS Summit at the Sandton Convention Centre, Johannesburg, August 24, 2023.

Will BRICS throw a lifeline to dollar-strapped Egypt?

Economists believe BRICS membership will give Egypt a chance to ease pressure on the dollar, but is not a quick remedy for the country’s economic woes

BRICS summit 2023

Egypt, Iran, Saudi Arabia, UAE to join BRICS

The Shanghai-headquartered New Development Bank, or so-called “BRICS bank”, had already admitted the UAE and Egypt as shareholders.

A general view shows office buildings at al-Raidah Digital City of the Saudi capital Riaydh on February 28, 2022.

Analysis

Saudi holdings of US Treasuries hit record low, signaling push to diversify from dollar

Saudi Arabia's stockpile of US Treasuries fell to $108.1 billion in June, the lowest point since December 2016.

By Salim A. Essaid

A child watches as Jasmine (not pictured) paints amidst the rubble in the city of Jindires on Feb. 28, 2023, near Aleppo, Syria.

Protests in southern Syria as economy worsens

Syria’s economy is in tatters, and the removal of subsidies has led to relatively rare protests in government territory.