Aramco profits jump 26% as Hormuz disruption chokes supply Aramco CEO Amin Nasser said the market has already lost around 1 billion barrels of oil supply since the US-Israel-Iran war erupted on Feb. 28. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Netanyahu fears being left out as Trump pursues Iran diplomacy Prime Minister Benjamin Netanyahu said he was not surprised by President Donald Trump’s suspension of Project Freedom and move toward talks with Iran, but analysts say Washington may not be fully weighing Israel's concerns in negotiations with Tehran. Israel
Egypt ramps up energy investments amid war-driven price pressures Prime Minister Mostafa Madbouly said Wednesday that Egypt has secured commitments exceeding $19 billion from international oil companies over the next three years. Egypt
Iran president says he held official meeting with Mojtaba Khamenei: What to know The president’s announcement marks the first public confirmation of a meeting between a senior official and Supreme Leader Mojtaba Khamenei, who has not been seen publicly since the start of the war. Iran
US, Iran move toward deal framework after Trump halts Hormuz operation By Elizabeth Hagedorn In Washington, DC, reporting on diplomacy, regional politics, human rights
Turkey’s military spending jumps to $30B, leads Mideast growth in 2025 Newly released data shows Ankara’s military spending hit $30 billion, while Saudi Arabia remained the region’s top spender and Israel’s outlays declined in 2025. Turkey
Pistachios reach highest prices in eight years amid Iran war Pistachio prices rose to around $4.57 a pound in March, their highest since 2018, according to data company Expana. Iran
Iran FM meets Putin, Russia’s military intel chief as talks stall: What to know Iranian Foreign Minister Abbas Araghchi headed to Russia following visits to Pakistan and Oman over the weekend as talks with Washington are at a standstill. Iran
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. Saudi Arabia
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. Iran
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. Iran
Iran executes 14th person since war over alleged Mossad ties: What to know Iran has carried out multiple executions since the outbreak of the war with the United States and Israel, as it intensifies a crackdown on individuals accused of spying for Israel. Iran
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. 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? The Gulf country apparently wanted reassurances from Washington in case its economy is severely damaged by the Iran war. United Arab Emirates
Oil rises, Gulf stocks slide after Iran ship seizure throws truce into doubt In a post on Truth Social on Sunday, US President Donald Trump said the US Navy fired at and seized an Iranian-flagged cargo ship in the Gulf of Oman. Iran
Lebanon-Israel negotiations to continue even as Iran talks stall Lebanese President Joseph Aoun also said that Lebanon will lead the negotiations and that no other party will take part, emphasizing that this track is separate from any other talks. Lebanon
