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
Egyptian forum dreams up ways to attract expat money A recent forum for Egyptian expatriates produced various ideas on how to get emigrants to invest in their home country. Egypt
US reimposes sanctions as Iran deal crumbles With the Donald Trump administration set to reimpose Iran sanctions after exiting the nuclear deal, it’s looking less and less likely the rest of the world can salvage the accord. United States
IMF option looms larger for Turkey amid row with US Turkey’s economic woes keep growing, exacerbated by central bank inaction and simmering tensions with the United States, in what many see as an inevitable march to the IMF. Turkey
Will Riyadh-Tehran rivalry kill Iraqi Kurdistan's investment drive? A visit to Erbil by a Saudi trade delegation in late July has the potential to bear fruit in advancing economic cooperation and investment in the region, helping ease its current financial crisis, but the Saudis' move has raised eyebrows in Tehran. Saudi Arabia
Is ‘national reconciliation’ Iran's key weapon to win economic war? A top pro-reform official in Iran said national unity and reconciliation are in the making to defuse the US-led economic pressure and media war against the country. Iran
Egypt goes against IMF advice, boosting public investments The International Monetary Fund is keen to reduce Egypt's investments in the country in favor of private investment, but the new government has decided to increase the amount it will spend. Egypt
Iran arrests top state managers as anti-corruption drive forges ahead Iran's judiciary is intensifying its crackdown on state managers accused of massive fraud amid a currency crisis the country is struggling to overcome. Iran
Will Iranian Kurds be on front lines of US conflict with Iran? The US administration appears to increasingly be looking at armed Iranian Kurdish opposition groups as part of its campaign to economically and militarily pressure Iran. Iraqi-Kurdistan
Tunisian economy continues to struggle The Tunisian government just received another part of its loan from the International Monetary Fund and assures citizens it is taking appropriate measures to solve the country's economic crisis. Tunisia
How Turkish exporters plan to avoid impact of US trade wars Turkish businesspeople have outlined an investment plan to duck US tariffs and increase sales to the world’s largest consumer market. Turkey
Could Hifter's about-face on control of Libya's oil lead to real progress? Khalifa Hifter’s decision to return control of the oil ports under his authority to the National Oil Corporation, three weeks after seizing them, could be seen as a goodwill gesture that will prompt genuine progress toward an agreement between the two sides. Libya
Parliament puts price on Egyptian citizenship A controversial bill that would allow foreign nationals to purchase Egyptian citizenship has passed through parliament and awaits the president’s signature. Egypt
