Oil falls below $80 as markets rally on Iran-US peace deal: What to know Brent crude futures, the international benchmark for oil prices, fell around 3.15% to $79.99 as of 6:55 a.m. EDT on Monday. Iran
Analysis Gulf aluminum pursues global deals as Hormuz crisis accelerates shift Gulf aluminum exporters are targeting global deals amid fallout from the US-Israel-Iran war, which has pushed prices to multiyear highs in early June. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Saudi Arabia lifts 5-year ban on Lebanon imports: What to know Saudi Arabia had been a main donor for Lebanon before ties strained during Hezbollah’s rising influence in the country. Lebanon
Suez Canal traffic soars as Hormuz disruptions reroute energy trade The canal generated $419 million in revenue in April, up 27% year over year. Egypt
Analysis Turkey pushes Iraq, Syria trade routes as Hormuz crisis disrupts Gulf shipping By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Rouhani moves closer to Khamenei amid bipartisan backlash President Hassan Rouhani’s appearance before parliament to answer economic questions did not satisfy Principlists or Reformists. It did, however, please Supreme Leader Ayatollah Ali Khamenei. Iran
Egypt reaps harvest of Sisi’s visit to China Egyptian President Abdel Fattah al-Sisi returned a few days ago from a visit to China during which he participated in the Forum on China-Africa Cooperation in what raised questions about the gains that Egypt will achieve from the visit. Egypt
Unemployment pushes Palestinians to work in Israel Many Palestinians in the West Bank and Gaza Strip, where jobs are scarce and low-paying, enter Israel to find work, and those who are truly desperate end up building the very settlements they seek to end. Palestine
Egypt to invest in restoration of war-torn countries Egyptian Prime Minister Mustafa Madbouly recently issued a decree to form an action group aimed at investing a great deal of effort in the reconstruction of five Arab countries. Egypt
Will Iran merge banks owned by military institutions? Though the merger of lenders affiliated with Iranian security institutions is an important step toward military divestment, the process faces many obstacles. Iran
When will Jordan-Syria border crossing reopen? Since the Syrian regime has taken control of southern Syria, including the Nassib border crossing, hopes to resume trade and boost the economy between Jordan and Syria have been revived. Jordan
Zarif: Even America’s allies not immune to US sanctions During an unannounced trip to Turkey, Iran’s foreign minister warned America’s allies that they are not immune to US pressure. Syria
Iranian president under fire in heated parliament session Iranian lawmakers said they were not convinced by President Hassan Rouhani's responses to questions that centered mainly on economic grievances. Iran
How crisis with US dealt fresh blow to Turkish press The depreciation of the Turkish lira, fueled by the crisis between Ankara and Washington, has raised the cost of imported paper enormously, pushing already-struggling publications to the brink of collapse. Turkey
Rouhani’s economy minister impeached Just one year into his second term, Hassan Rouhani’s economic team has come under fire with two ministers impeached in one month. United States
Iran turns to economic zones to encourage balanced growth Iranian lawmakers have approved a bill to establish a series of new special economic zones to counter the country's uneven development. Iran
Will Egypt's public sector get longer weekend? The Egyptian government is considering adding Thursdays to the weekend for public sector employees. Egypt
