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
Rapid spread of gas stations fuels controversy in Gaza Gas stations are increasingly being invested in under the degenerating economic and humanitarian situation in the Gaza Strip, pointing at conflicting interests between Gaza’s Ministry of Finance and Planning and the Ministry of Local Government. Palestine
Iran could become collateral damage of OPEC decision If OPEC decides this month to increase oil output, it will probably be the result of a simple economic decision and not any desire by Riyadh and Moscow to cater to the United States. Saudi Arabia
How foreign investors force Ankara to toe the line With nearly $700 billion in various assets in Turkey, foreign investors represent a crucial factor of pressure on Ankara's economic policies. Turkey
West Bank city becomes shopper's paradise for Palestinians living in Israel Impressive numbers of Palestinians in Israel are crossing the Green Line destined for shopping and eating in the West Bank city of Jenin. Palestine
Egypt expands law granting domestic products preference Egypt’s parliament has approved amendments to a law that gives preference to domestic products instead of imported ones in government contracts, drawing mixed reactions from local experts. Egypt
Turkish exports to Syria revived under shadow of war Turkey remains Syria's leading supplier of goods despite the ongoing war, with exports standing at some $1.4 billion last year. Syria
Russia finds navigating new development tricky in Syria Syria is slowly being seen less as a military liability and more as an investment opportunity, though there are still many potential challenges. Syria
Iran’s insurance industry braces for impact of US sanctions As Iran’s insurance industry awaits the re-imposition of US nuclear-related sanctions, the sector is this time better prepared for external restrictions. Iran
Can Palestine be transformed into investment hub? Foreign investments in Palestine accounted in 2017 for $1.5 billion, mostly in the tourism and banking sectors, with Palestine offering a range of encouraging incentives. Palestine
Iran's outreach to India after US exit from nuclear deal faces obstacles While Iran will likely receive political and trade support from the Indian government, Indian business with exposure to the United States will likely succumb to pressure from Washington. United States
Turkey's steel wars heat up While gearing up for countermeasures against US steel tariffs, Turkey faces a fresh challenge from regional steel producers who are increasingly targeting its own market. Turkey
Can Egypt’s Central Bank save thousands of faltering factories? The Egyptian Central Bank launched a new initiative to save more than 5,000 faltering factories by repaying their loans. Egypt
