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
Sanctions give Moscow, Tehran something to talk about US sanctions are indeed drawing Russia and Iran closer, but the question now becomes just how close. Russia
Russia takes renewed interest in Palestine Russia seems to be increasing its cooperation with the Palestinians recently in several areas, including the economy, politics and tourism. Palestine
What's behind Turkish economic miracle? Under Turkey's emergency law, big business may benefit while the middle class is fast disappearing. Turkey
US waives Iran sanctions, but says no final decision made on nuclear deal The United States waived nuclear-related Iran sanctions, but President Donald Trump has not yet made a decision on the nuclear deal or Iran policy more broadly. United States
Turkey’s spectacular growth has darker side Turkey may have achieved an impressive 5.1% economic growth in the first half of the year, but the risks are still there with myriad problems accumulating on the other side of the coin. Business
Gaza's clothing makers look to weave their way back into Israeli markets For the first time in 10 years, a Palestinian sewing company in Gaza exports a shipment of clothes to the Israeli market. Palestine
The business of war: Egypt, others eye reconstruction bids Despite lingering security concerns, Egypt is seeking a substantial, lucrative role in rebuilding Syria and Iraq. Egypt
Iranian shareholders face rocky road ahead While the Tehran Stock Exchange has recently reversed its downward trend, fundamental interest rate and exchange rate reform are necessary to maintain the upward momentum. Iran
Iranian Foreign Ministry set for sweeping change Having spent most of his first term negotiating the nuclear deal, Iran’s foreign minister is now set to implement sweeping structural changes in the Foreign Ministry. Iran
New Suez Canal income slowly sinking The new Suez Canal is now two years old and facing public scrutiny, as it is far from achieving what officials pledged. Egypt
After years of sanctions, Persian rugs back to brighten world markets Iran’s world-renowned handwoven carpets are already making a strong comeback in global markets following the lifting of sanctions. Iran
New industrial policy poised to transform Iran’s political economy Iran’s lighter fingerprints on foreign investment and enterprise are gearing things up for a transformation of the country’s political economy. Iran