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April 19, 2026

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Saudi stocks hit 2026 high, bucking global war-driven volatility

The kingdom's stock market climbed to its highest level of the year on Wednesday, with the kingdom’s equities now far outperforming the S&P 500 and other global and regional indices.

A man walks through the atrium during the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 14, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

IMF slashes Mideast outlook by nearly 3 points as Iran war hits economies

The International Monetary Fund cut gross domestic product forecasts for the Middle East and North Africa, with the fallout from the conflict exposing stark divergences between the region’s energy exporters and importers.

Latest News

Analysis

How fast can Gulf energy production rebound after US-Iran ceasefire?

picture of Qatar Energy's operating facilities on March 3, 2026, in Ras Laffan Industrial City, Qatar.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

EIA hikes 2026 oil price forecasts 22% as Hormuz fuels long-term market fallout

Gas prices over $6.00 are displayed at a Shell station across from the Marathon Petroleum Corp's Los Angeles Refinery on April 02, 2026, in Carson, California.

AirAsia stays course on Bahrain hub as Iran war clouds aviation growth plans

AirAsia aircraft with two engines landing on Kota Kinabalu International airport runway, Kota Kinabalu Sabah, Malaysia, March 4, 2017.

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Karen Young

In Washington, DC, reporting on regional energy

Reve Chaaban

In Doha reporting on culture

This photo shows 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, Qatar, Feb. 6, 2017.

Analysis

Gulf bets on LNG boom power ahead amid regional energy shifts, war risks

Gulf oil powers are emerging as key LNG players, leveraging rising consumer demand to justify strategic global gas investments and to scale up their own LNG production at home.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Cautious optimism around Israel-Hamas ceasefire deal but hurdles remain

The latest Qatari outline is based on a previous US proposal and has Israel somewhat hopeful for a deal with Hamas.

Fire and smoke rise from a building, reportedly hit by a missile fired from Iran, in central Tel Aviv on June 13, 2025.

Analysis

A new era? Why Israel-Iran war didn't spook global markets as expected

Past Middle East wars sent markets tumbling, but today's investors have grown accustomed to such shocks, perhaps setting the stage for future market miscalculations.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

In this frame grab taken from a video, missiles and air-defense interceptors illuminate the night sky over Doha after Iran launched an attack on US forces at Al Udeid Air Base on June 23, 2025, in Doha, Qatar.

Trump announces Iran-Israel ceasefire as IRGC targets Qatar's Al-Udeid

The US president announced a ceasefire between Iran and Israe would start Tuesday 6:02 p.m. EST (1:02 a.m. Tel Aviv; 1:32 a.m. Tehran Wednesday) after 11 days of fighting.

Members of the Petroleum Oils and Lubricants squadron at the 379th Air Expeditionary Wing take a break from replacing a 50,000-gallon fuel bladder in support of Operation Enduring Freedom, on Dec. 30, 2002, in Al Udeid, Qatar.

No initial US casualties in Iran’s strike on US base in Qatar: Pentagon

Limited Iranian retaliation at the partially evacuated air base could leave off-ramp for political leaders on both sides.

Majid Saeedi/Getty Images

US Embassy in Qatar tells Americans to shelter in place as Iran plans retaliation

Qatar also announced the temporary suspension of air traffic as a precautionary measure.

Muslim worshippers make their way towards the Kaaba, Islam's holiest shrine, at the Grand Mosque complex in in the holy city of Mecca to take part in morning prayers on the first day of Eid Al-Adha, the feast of the sacrifice, early on June 6, 2025.

Culture

In photos: Muslims kick off Eid al-Adha across the Middle East

The holiday’s arrival cast a spotlight on deepening humanitarian crises, leadership transitions and shifting regional dynamics.