Iran rial hits record low 1.13M to dollar as UN snapback sanctions resume: What to know The sanctions, which were trigged by the three European signatories to the nuclear deal, will not hinder Iranian oil exports to China, an official said. Iran
From F-35s to Ukraine: Erdogan-Trump talks signal reset, but sanctions obstacles remain The summit underscored both leaders’ personal chemistry while highlighting the limits of what the partnership can deliver. Turkey
CENTCOM launches task force to drive Pentagon’s drone race New unit aims to put "combat-credible" drone systems into the hands of US troops in the Middle East within 60 days, part of an ambitious new push by the Pentagon to leapfrog advances made by Washington's adversaries in fielding cheaply made but lethal armed drones. United States
As EU tries to wean off Russian gas, pipeline imports via Turkey rise The European Union is importing more Russian gas via Turkey despite efforts to end imports from Russia. Turkey
Analysis As Trump plays Russia oil sanctions gambit, will Middle East profit or pay? By Samuel Wendel In Washington, DC, reporting on regional business and tech
In UAE, Brazil’s Lula looks east for climate investments, peace brokering President Luiz Inácio Lula da Silva looks to exert Brazil's power in a geopolitical landscape that has significantly shifted since he last held office. Legacy: Gulf
UAE will not ‘jeopardize’ rules to attract Russian wealth: Trade minister The Emirates has been criticized for hosting companies engaged in sanctions-busting following the Russian invasion of Ukraine, but is making efforts to clean up its act. Legacy: Gulf
US, UK target Israeli-Russian oligarch Abramovich enablers with more sanctions The Western allies announced new sanctions against financial fixers for Roman Abramovich and fellow Russian oligarch Alisher Usmanov, for their financial support of and close ties to President Vladimir Putin. Israel
US targets firms in UAE, Turkey over Russia sanctions evasion The latest tranche of sanctions come as the Biden administration seeks to crack down on Russia’s financial facilitators. Turkey
Egypt denies report it planned to produce 40,000 rockets for Russia Moscow has also denied the claims that President Sisi ordered the military to secretly ship the rockets to Russia. Egypt
Sweden's NATO ratification likely to wait until after Turkey's elections As Finland becomes a NATO member, Sweden’s options are limited before the Turkish elections of May 14. Turkey
Russia's Lavrov in Turkey to discuss Syria, Caucasus, possible Putin visit Ankara is eager to see Lavrov's visit followed by Russian President Vladimir Putin's trip on April 27 to inaugurate Turkey's first nuclear power plant, built and financed by a subsidiary of Russia's nuclear energy firm Rosatom. Turkey
3 Syrians dead, 3 missing as Ukraine-bound ship sinks off Turkey's coast Rescuers are trying to reach three missing crew members of the Joe 2 ship, which had 14 crew on board. Turkey
Oil prices rise by 5% after OPEC's surprise output cut decision Brent Crude had its sharpest price increase in almost a year on Monday after reports that major oil producers will slash their output. Legacy: Gulf
UAE Central Bank revokes license of Russia's MTS Bank as sanctions tighten The Central Bank of the UAE plans to close the Russian bank’s operations within six months from the date of the decision. Legacy: Gulf
Turkey ratifies Finland’s NATO membership Finland’s accession to the alliance will now be finalized by the US State Department and Helsinki. Turkey
Analysis North Africa diesel exports to Europe surge as Russia digs deeper into Ukraine Europe has been looking for alternative sources of oil and gas in light of Western sanctions on Russia over the Ukraine war. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech