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
EU to restore Syria cooperation pact ahead of May talks: What to know The European Union has proposed the full resumption of a decades-old cooperation agreement with Syria ahead of high-level talks next month. Syria
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
What LIV Golf’s woes suggest about Saudi Arabia’s economic headwinds The Golf league, which is backed by the Saudi sovereign wealth fund, is saying its season will go on after reports of an imminent collapse. Saudi Arabia
Newsletter: Business & Tech Trump’s Hormuz gambit By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Syria reopens key crossing after 11 years, aiding Iraq's oil exports amid war Iraq and Syria have shown a desire to cooperate on oil exports, and the matter has become more urgent due to the disruptions in the Strait of Hormuz. Syria
Jet fuel squeeze exposes Europe’s reliance on Middle East supply Lawmakers on the continent have been told to make "timely preparations in anticipation of a potentially prolonged disruption" in energy flows from the region. Iran
Egypt closes stores early, Jordan bans AC as Iran war takes toll Jordanian Prime Minister Jafar Hassan announced Monday that the use of air conditioning and heating equipment in ministries, government departments and public institutions will now be prohibited. Egypt
QatarEnergy begins LNG production at major US project amid global supply strain The development paves the way for sustained liquefaction operations and the facility's first cargo, expected in the second quarter of 2026. Qatar
TotalEnergies reaped more than $1B profit from Iran war: What to know Non-Middle Eastern energy firms have been particularly benefiting as energy flows have been choked off from the Gulf. Iran
Analysis Oil-rich Gulf states could face power crunch as Iran war hits energy security While the conflict fuels a global oil price shock, the Gulf states must contend with growing threats to their own energy security, from power cuts to desalinated water loss. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis Downturn or pause? Iran war puts Dubai property market to test UAE property transaction volumes fell year-on-year in the first 12 days of March and month-on-month, but analysts have cautioned against overinterpreting early data. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Gulf AI deals continues to lure investors despite US-Iran war Blackstone committed $250 million to a payment infrastructure platform in Abu Dhabi as the US investment firm's president lauded the UAE's strong investment credentials despite the conflict. Saudi Arabia
No ships transit Hormuz as Iran plans safe-passage tolls: What to know An Iranian lawmaker told Fars News Agency that Tehran plans to charge ships tolls to ensure safe passage through the Strait of Hormuz, formalizing the country’s control over the strategic waterway. Iran
Analysis Italy, Spain eye Algerian gas as Iran war slashes Gulf supplies Italian Prime Minister Giorgia Meloni met Algerian President Abdelmadjid Tebboune in Algiers Wednesday in an effort maximize additional gas supplies from the North African nation. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Saudi Arabia launches new Bahrain maritime link as Hormuz routes strain The service connects King Abdulaziz Port in Dammam with Bahrain’s Khalifa Bin Salman Port. Saudi Arabia
Iran oil shock hits global economy as early data signal stagflation risks The US-Israeli war with Iran is showing measurable economic impact across the world. Iran