Analysis Jordan shores up US lifelines as Iran targets Amman’s reliance on Washington Already a leading recipient of US aid, Jordan has secured fresh funds from the United States as the Iran war tests Amman and Washington's partnerships. By Samuel Wendel In Washington, DC, reporting on regional business and tech
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
Explainer Saudi airlines outbuy Gulf rivals at Farnborough air show: What to know United Arab Emirates
Lebanon signs new electricity deal with Jordan, Syria A previously announced agreement to export Egyptian gas to Lebanon has yet to come to fruition. Lebanon
Saudi Arabia reports more non-oil exports, large amount of trade with China The kingdom is trying to reduce its dependence on oil. Legacy: Gulf
Palestinian economic activity with Israel increases Relations between Israel and the Palestinian Authority warmed last year. Palestine
Economic meltdown drives some Lebanese to collect recyclables for a living Lebanon’s increasing poverty and lack of jobs drive desperate people to live off of selling collected recycled materials in kilos to scrapyards, shops and manufacturers. Lebanon
US Treasury sanctions Hezbollah financial network in Lebanon A US Treasury official says the department is targeting Hezbollah's "misuse of the international financial system" to raise funds for terrorism. Lebanon
Putin, Raisi look to boost trade, regional cooperation in Moscow talks Ebrahim Raisi's trip to Moscow is unlikely to further elevate relations between the two countries. Russia
Crimean, Syrian ports sign cooperation agreements A Syrian government delegation visited the Russian-backed breakaway republic this week. News Brief
US sanctions Hezbollah's alleged financial facilitators in Lebanon The US Treasury Department designated Adel Diab, Ali Mohamad Daoun and Jihad Salem Alame as well as their travel company. Lebanon
US alleviates Lebanon's sanctions concerns over energy deal US Ambassador to Lebanon Dorothy Shea provided a Treasury Department letter that addressed concerns over the energy plan's potential to violate sanctions on Syria. Lebanon
Lebanese minister seeks economic boost with Iraq visit George Boushekian visited Baghdad this week to seek cooperation with his Iraqi counterparts and facilitate business deals between Iraqi and Lebanese entities amid Lebanon's economic crisis. News Brief
Qatar International Islamic Bank retains A credit rating from Moody's The leading Islamic bank’s head said the rating reflects its ability to withstand the COVID-19 pandemic. News Brief
