US stock markets soar to new records amid Hormuz deal hopes The S&P 500, Nasdaq Composite and Dow Jones Industrial Average are on track for their best five-day performance since April 2025. Iran
Explainer Iran-Oman Hormuz route talks near 'completion': What to know The new framework would give Iran a greater role in managing one of the world’s most strategically important maritime choke points. Oman
Lebanon’s Riad Salameh hospitalized as arrest roils Beirut: What to know Lebanon's former Central Bank governor, Riad Salameh, was taken from prison to a hospital over his deteriorating health. Lebanon
Saudi Arabia's economy shrinks by 4.8% amid Iran war: What to know The kingdom saw a 24.7% year-on-year decline in its oil sector for the April 1 to June 30 period due to the closure of the Strait of Hormuz. Saudi Arabia
Explainer Saudi airlines outbuy Gulf rivals at Farnborough air show: What to know United Arab Emirates
How Egypt is navigating limited options in Iran war to stay neutral Egypt, so far spared from Iranian retaliatory attacks, is pushing for a diplomatic solution as the war with the US and Israel threatens its already fragile economy. Egypt
Analysis How Iran's strike on Qatar gas field could impact LNG market for years Damage from an Iranian strike on the world's largest LNG export hub could take significant supply offline for years as Qatar considers whether to declare force majeure on long-term contracts supplying Europe and Asia. By Samuel Wendel In Washington, DC, reporting on regional business and tech
UAE steps in to support banks as war pressure builds: What to know The United Arab Emirates' banks have seen their stocks plummet since the war erupted on Feb. 28. United Arab Emirates
Analysis How long can markets hold their bet on Gulf resilience as war drags on? A prolonged closure of the Strait of Hormuz and continued assaults on Gulf energy infrastructure are likely to lead to regionwide credit deterioration, experts say. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Iran war hits Gulf aluminum exports, risking nearly 10% of global supplies The Gulf region is a critical hub for aluminum production, supplying roughly 8% to 9% of global output, with disruptions linked to the war now set to ripple through industrial supply chains. Bahrain
Group of 32 states to release 400M barrels of oil reserves: What to know The move would mark the agency's largest ever release of oil reserves to stabilize the global market. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Syria’s Sharaa blasts Iran’s 'destabilizing' role, moves closer to US, Gulf The economic effects in the Gulf could impact the region’s investments in Syria as Damascus seeks to rebuild after years of its own war and to avoid getting dragged into the conflict. Syria
UAE to freeze billions in Iranian assets following strikes The UAE's move to freeze Iranian assets will hit Iran’s economy hard, as it is straining under high inflation, unrest and now a war. United Arab Emirates
UAE billionaire Habtoor openly lambasts Trump over Iran war The Emirati businessman condemned the US president, a former business partner, for his “dangerous” attack on Iran and asked whether he had stopped to consider the collateral damage. United Arab Emirates
Gulf air corridors reopen cautiously as evacuations take shape Nearly 1,900 of more than 5,450 flights scheduled to the Middle East were canceled Tuesday, according to aviation analytics firm Cirium. United Arab Emirates
Hormuz traffic slows as Iran threatens to set 'ships on fire' Maritime intelligence company Lloyd’s List reported on Sunday that no traceable passages have been made by major crude tankers through the Strait of Hormuz since Saturday night. Iran
What US-Iran war means for oil prices, shipping and global markets Oil surged and global markets slid after a US-Iran war disrupted shipping through the Strait of Hormuz, raising fears of prolonged energy supply shocks and wider economic fallout. Iran
