Explainer IMF projects Gulf rebound in 2027. Can energy production keep pace? Restoring shipping access in the Strait of Hormuz is only part of the recovery, as Gulf producers also need to repair damaged infrastructure to avoid further disruption to production and exports. Saudi Arabia
Jeddah airport flights disrupted as Houthis escalate threats Saudi Arabia’s busiest airport, Jeddah King Abdulaziz International Airport, saw widespread flight cancellations and delays on Tuesday. Saudi Arabia
Saudi Arabia outlines oil export plans amid escalating Houthi attacks Saudi authorities said on Monday they were extending the suspension of operations at King Khalid International Airport after deadly attacks over the weekend by Yemen's Iran-aligned Houthis. Saudi Arabia
Iraq devalues dinar 13% as Hormuz disruption hits oil revenue The central bank said in a statement that it had revised the official exchange rate to 1,520 Iraqi dinars per dollar from around 1,320. Iraq
Analysis Turkey’s $20B fund crisis: Who profited, and who will pay? By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Border crossings deepen Baghdad-Erbil conflict Baghdad insists on taking control of the Kurdistan Region's border crossings with Turkey and Iran, while authorities in Erbil refuse to hand them over to Baghdad. Iraq
Palestine to get its own central bank The Palestinian Monetary Authority has announced that it will open the Palestinian Central Bank after fulfilling all necessary requirements, but questions remain about if and when a national currency will be issued. Palestine
Congress moves bill jeopardizing Iran nuclear deal New legislation could violate the JCPOA by impeding aircraft sales to Iran. United States
Turkey's homemade booze boom here to stay The Turkish government’s drive to discourage alcohol consumption through high taxes has led to Turks home brewing as an alternative. Turkey
Iran’s debt market emerges as key to economic future The Iranian debt market has emerged as a key venue — and battleground — for Iranian President Hassan Rouhani's administration to realize its economic aims. Iran
Gaza traders, consumers welcome end of double taxation Palestinians in the Gaza Strip hope reconciliation will bring economic relief with the end of Hamas-imposed taxes and fees on top of those paid to the Palestinian Authority on imports. Palestine
Putin, Khamenei agree they need each other Iran and Russia deepen energy cooperation; Iran has Hezbollah’s back; does the CIA have a back channel to Assad? Iraq
How Iran can address its informal economy Without massive reforms involving all three branches of government, Iran's ability to formalize vast swathes of its economy will remain a pipe dream. Iran
Turkey's leg of the Silk Road could be smoother Turkish officials are playing up the Baku-Tbilisi-Kars railway as a segment of the new Silk Road linking Beijing to London, but there are many bumps yet to come along the way. Turkey
Jordan considering recipe for revolt: lifting bread subsidies Jordan must decide whether to eliminate the government subsidy on bread to receive assistance from the International Monetary Fund. Jordan
Putin resets Iraqi energy landscape as Barzani steps aside Russian moves maximize leverage as US stumbles on Iraqi Popular Mobilization Units; Massoud Barzani resigns as Kurdistan Region president; Syria and Russia take initiative with regard to local governance in Syria. Iraq
Iranian banks slowly reconnect to the world While Iran works to gradually reconnect its banking system to the world, major hurdles remain, even as companies find creative solutions. Iran
![Yellow capped new bottles of Turkish liquor of "Yeni Raki" remain packed at a alcohol sales spot in Istanbul March 9, 2005. A Turkish alcohol company on Tuesday ordered the recall of millions of bottles of Turkish liquor as the death toll from a bootleg version of the drink rose to at least 22.[ Galip Yorgancioglu, chief executive of Mey Drinks, said the firm was recalling all 0.7-litre bottles of Tekel brand raki, a popular anise-flavoured drink. Other sizes and brands would remain on shelves. ] - PBEAHUOC](/sites/default/files/styles/article_header/public/almpics/2017/11-1/RTXNAY7.jpg/RTXNAY7.jpg?h=a5ae579a&itok=UQholvmN)
