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
Russia offers Erdogan economic lifeline Gas payments in rubles will help Turkey reduce its foreign-currency demand. Turkey
Downward spiral causes crash in Egypt’s gold prices Gold prices sharply dropped in Egypt amid a drop of global prices after the US Federal Reserve hiked interest rates. Egypt
Russia-Ukraine war leaves Hamas in financial crisis The fragile Palestinian economy in the Gaza Strip has been largely affected by the Russian-Ukrainian war, which has caused price hikes and an increase in taxes. Palestine
Egypt pins hopes on Russia-Ukraine grain agreement Egypt, especially hit hard by the global food crisis resulting form the Russia-Ukraine war, is hoping for relief via the Black Sea Grain Initiative. Egypt
Erdogan hopes Putin summit will greenlight Turkey's new Syria operation Ankara’s central role in facilitating the Russia-Ukraine grain deal could strengthen its hand in securing Moscow’s acceptance of a Turkish military incursion. Turkey
First Ukrainian grain shipment en route to Lebanon amidst food crisis Ukraine claims a Syrian ship docked in Lebanon is carrying Ukrainian wheat and barley that was stolen by Russia and is being offering at a discount. Lebanon
Is Russia escalating Jewish Agency crisis because of Israel's stance on Ukraine? Some Israeli security and diplomatic experts believe that Russian President Vladimir Putin instigated the Jewish Agency crisis to pressure Israel against selling natural gas to Europe. Israel
Turkey reaps rewards in international standing as first grain ship leaves Ukraine Turkey's diplomatic mediation between Ukraine and Russia could mitigate impact of global food crisis. Turkey
Sanctions impact Russian emigres in Israel needing pensions Finance Minister Avigdor Liberman tries helping older Israeli citizens who immigrated from Russia and depend on their modest Russian pension. Israel
Turkey raises inflation forecasts The Turkish lira is also again falling close to historically low levels against the US dollar. Turkey
Turkey, Russia gas ties grow contentious amid Ukraine war Russian gas giant Gazprom’s sudden “maintenance" shutdown of a major pipeline carrying gas to Turkey coincided with the talks over Finland's and Sweden’s NATO membership bids. Turkey
Putin stars in Israeli election campaigns The diplomatic crisis between Jerusalem and Moscow offered opposition leader Benjamin Netanyahu an angle for attacking Prime Minister Yair Lapid. Israel
