Analysis As Iran’s grip on Hormuz weakens, what leverage does Tehran have left? Six months into the war, Iran's grip on the Strait of Hormuz is weakening. The world is slowly learning to live with it, oil flows are recovering, alternative routes are expanding and Tehran's own economy is bearing the cost of keeping the waterway under pressure. By A correspondent in Tehran In Tehran, reporting on politics
Analysis Despite fanfare, Xi shows Trump no sign of breaking with Iran Beijing has significant leverage over Tehran, but little incentive to use it for Washington’s benefit, given its reliance on Iranian oil. By Rosaleen Carroll In Washington, DC, US, reporting on the Middle East
Analysis In Yemen, China exploits US security gap while seeking to curb Houthis The Houthis’ advances around Bab al-Mandab point to another crack in the US-led Gulf security architecture—one China could gain from diplomatically and economically, even as it seeks to prevent a wider regional escalation. By Joyce Karam
China presses Iran, US to reopen Hormuz as disruptions threaten oil supply Conflicts in the region are disrupting two key routes for oil bound for China, with Iranian crude affected by the Strait of Hormuz and Saudi shipments facing growing risks in the Red Sea. Iran
Analysis As Israeli settler attacks mount, Trump avoids public pressure on Netanyahu By Elizabeth Hagedorn In Washington, DC, reporting on diplomacy, regional politics, human rights
Saudi PIF ups investment in China’s Alibaba-backed tech fund eWTP Arabia Capital invests in energy and technology start-ups across the Middle East, North Africa and Asia. Saudi Arabia
China, Egypt send jointly made MisrSat-2 satellite into orbit The MisrSat-2 was assembled inside Egypt with Chinese support, making it the first Egyptian-made satellite. Egypt
How significant is Aras corridor for Iran, Azerbaijan to gain Black Sea foothold? A railway agreement in October between Iran and Azerbaijan has given a major boost to the potential of establishing the Aras corridor, offering Tehran a potential inroad into the Black Sea. By Rahim Rahimov In Baku, reporting on Middle East-Caucasus ties
UAE-China ink multibillion-dollar deals as ties grow The United Arab Emirates and China are major trade partners and have strengthened cooperation in both finance and energy in recent months. Legacy: Gulf
What $6.9B China-Saudi currency swap means for Beijing’s efforts to globalize yuan China’s increasing economic influence and the high price of the US dollar, which has increased amid increasing interest rates to tame inflation, have led some economies to switch to cheaper yuan-denominated transactions. Saudi Arabia
China hosts Arab FMs, pushes ‘justice and fairness’ in Israeli-Palestinian conflict The Arab-Muslim delegation stopped in China on the first leg of a tour aimed at shoring up support for an immediate end to hostilities in the Gaza Strip. Palestine
Why is Saudi Arabia eyeing partnership with China in Pakistan refinery project? As Islamabad looks to bring in more foreign investment from the Gulf, Saudi Arabia is looking to China for partnership in a key refinery in Pakistan. Legacy: Gulf
Russia and China big participants at Dubai Airshow At this year's event, the UAE is balancing friendly relations with the United States as well as with China and Russia, including via the BRICS alliance. Legacy: Gulf
In first, Bahrain asset manager targets up to $550 million in China yuan fund Gulf buyers have announced 13 acquisitions of public and private Chinese companies so far in 2023, compared to just one in the same period of last year, according to data compiled by LSEG. Bahrain
US sanctions UAE, Turkey, China firms for allegedly aiding Russia in Ukraine The move targets the development of Russia’s defense and technology sectors and aims to weaken it in its war against Ukraine. United Arab Emirates
Saudi's GCC-ASEAN summit: Toward an Asia minus China collective strategy The GCC and ASEAN nations find themselves sharing more strategic commonalities amid the current era of deglobalization, geopolitical instability and economic uncertainties. Legacy: Gulf
