How are Iran-linked tankers still moving through Hormuz blockade? At least 19 Iran-linked tankers have passed through the US blockade on the strait to exit the Gulf while at least 15 have entered, according to the cargo-tracking group Vortexa. Iran
Analysis Gulf energy deals face Iran war stress test as global expansion meets oil shock ADNOC, Aramco and QatarEnergy have aggressively expanded their international portfolios in recent years, a strategy facing new constraints as the US-Israel-Iran war impacts Gulf production and exposes structural risks. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Syria’s Sharaa makes fourth visit to Saudi Arabia, first since Iran war: What to know The visit comes in light of the deepening economic relations between Syria and Saudi Arabia post-Assad. Syria
Eurozone's inflation jumps 2.6%, jet fuel shortages loom amid Iran war Inflation has been soaring globally amid an energy supply crunch caused by the blockade of the Strait of Hormuz. Iran
Analysis Ceasefire without relief: How Iranians are grappling with post-war repression By A correspondent in Tehran In Tehran, reporting on politics
Iran war deepens Gaza crisis as prices soar, aid falters By Daoud Kuttab In Amman, reporting on Palestinian politics
Explainer: Major shipping giants resume Red Sea routes amid Houthi attacks The Iran-backed Houthi rebels in Yemen have fired on international ships and Israel’s port in the Red Sea since the Gaza war began, wreaking havoc on the global shipping industry. Legacy: Gulf
How Starbucks fell from favor with pro-Israel and pro-Palestinian activists The coffee giant is no stranger to frothy accusations of being pro-Israel, and now a pro-Palestinian post on one of its union's social media accounts has sparked a boycott. Israel
Houthi missile hits Norwegian-flagged tanker in latest Red Sea attack Iran-backed rebels hit a Norwegian-owned chemical tanker with a cruise missile, but the ship had no clear connection to Israel, signaling the Houthis may be widening the aperture of their attacks. Legacy: Gulf
With 32% trade boost, Turkey eyes Saudi investments amid domestic downturn Trade between the two countries reached $5.86 billion in 2022, a 32.6% increase over the previous year. Turkey
Kuwait, Qatar, UAE telecoms merge assets into $2.2B tower company Three Gulf companies will create a new entity, which has not yet been publicly named, combining around 30,000 tower assets in Algeria, Iraq, Jordan, Kuwait, Qatar and Tunisia. Legacy: Gulf
What is behind Turkey’s inflation spike to 61.9% in November? November's consumer prices also rose by 3.28%, data released by the Turkish Statistical Institute showed on Monday. Turkey
IMF chief urges governments to increase carbon prices, reduce fossil fuel subsidies Kristalina Georgieva was addressing an audience of business leaders and philanthropists at the COP28 climate summit in Dubai. United Arab Emirates
UAE-China ink multibillion-dollar deals as ties grow The United Arab Emirates and China are major trade partners and have strengthened cooperation in both finance and energy in recent months. Legacy: Gulf
What does Saudi Arabia hosting of Expo 2030 mean for its economy? Winning the rights to host the world fair follows news that the kingdom will likely host the 2034 FIFA World Cup, among several other major events. Legacy: Gulf
Italy and Saudi Arabia in talks for major deals as ties grow under Meloni The government of Italian Prime Minister Giorgia Meloni, which came into power in October 2022, has been working to deepen ties with energy- and cash-rich states in the Middle East and North Africa. Saudi Arabia
As Israel’s economy slows, investors ask how long will Hamas war go on Despite fears, previous periods of violence in Israel, Gaza and the West Bank showed the Israeli economy emerging stronger on the other side. Israel
Why is Turkey securing trade with Israel as Erdogan cheers on Hamas? The Turkish president may be the loudest leader speaking up for the Palestinians, but he has paid no heed to calls for sanctions that could really bite Israel. Turkey
