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Jack Dutton

Jack Dutton

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Oil prices fall after Iran steps up truce efforts, US says Hormuz mines cleared

Mohsen Rezaei, secretary of Iran's Supreme National Security Council, said in an interview on Thursday that Iran was preparing a list of conditions...

28.08.2026 2

Al Monitor

Jack Dutton

Sharaa taps Visa as Syria reconnects to global finance: What to know

Visa and Mastercard announced Wednesday that their networks can now be used to make international card payments in Syria.

27.08.2026 7

Al Monitor

Jack Dutton

China's Xi to visit Egypt for first time in decade as military, Huawei ties grow

The visit comes as Chinese telecoms giant Huawei seeks to supply more than 2,000 advanced AI chips for Egyptian government data centers.

26.08.2026 10

Al Monitor

Jack Dutton

China warns US not to interfere with Iran trade: What to know

China's Foreign Ministry said Beijing was firmly opposed to what it called “illegal unilateral sanctions” and would take “all necessary...

25.08.2026 9

Al Monitor

Jack Dutton

Oil falls 1.8% as traders await 'toughest' sanctions on Iran

Traders are awaiting details about new US measures sure to further disrupt Iranian oil flows.

24.08.2026 3

Al Monitor

Jack Dutton

Oil falls as traders await 'toughest' economic sanctions on Iran

Traders are awaiting details about new US measures sure to further disrupt Iranian oil flows.

24.08.2026 6

Al Monitor

Jack Dutton

Trump’s Iran ‘economic D-Day’ threat sends oil prices above $94

In a Truth Social post, the president threatened that any country that provides a financial lifeline to Iran will face "tremendous economic...

20.08.2026 10

Al Monitor

Jack Dutton

Iran war hits Saudi gaming drive as Esports Nations Cup pushed to 2027

The postponement is a blow for the kingdom, which has made growing its esports sector one of the main priorities under its Vision 2030.

18.08.2026 7

Al Monitor

Jack Dutton

What US sanctions on Syria remain as Shibani, Barrack hold talks?

Key sanctions remain on Damascus, including a designation that was made more than four decades ago.

18.08.2026 6

Al Monitor

Jack Dutton

Iran says understanding reached with Oman over new Hormuz route map

Iranian Foreign Ministry spokesperson Esmail Baghaei told reporters in Tehran on Monday that “an understanding has been reached regarding the map of...

17.08.2026 10

Al Monitor

Jack Dutton

Oil spills off Oman, Iran's Qeshm Island reap environmental havoc amid war

One oil leak off the coast of Oman is estimated to cover more than 772 square miles, devastating local habitats.

13.08.2026 6

Al Monitor

Jack Dutton

Hormuz traffic sinks to one-week low as ships attacked, talks stagnate

The United States and Yemen's Houthi rebels carried out separate attacks on commercial ships on Tuesday in the Gulf of Oman and the Red Sea.

12.08.2026 9

Al Monitor

Jack Dutton

Kuwait's LNG imports climb to highest level since start of Iran war

The country's domestic gas production has fallen drastically since the beginning of the US-Israel-Iran war in February.

11.08.2026 9

Al Monitor

Jack Dutton

Egypt, Libya begin studying $1B oil pipeline: What to know

The two countries are nearing the launch of a joint project to build a pipeline linking the Egyptian city of Alexandria with the Libyan city of...

10.08.2026 10

Al Monitor

Jack Dutton

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.

03.08.2026 10

Al Monitor

Jack Dutton

Oil falls 5% after Trump calls off Iran strikes, says Hormuz deal agreed

Oil prices fell after President Donald Trump said on Sunday that he had suspended planned strikes on Iran following a request from Tehran and other...

03.08.2026 10

Al Monitor

Jack Dutton

Estimated 60,000 migrants cross from Morocco into Spanish territory: What we know

The influx of asylum seekers has left Spanish Prime Minister Pedro Sanchez grappling with the country’s worst migration crisis in years.

31.07.2026 10

Al Monitor

Jack Dutton

Saudi Arabia's economy shrinks by 4.8% amid Iran war: What to know

The kingdom saw a 24.7% year-on-year decline in its oil sector for the April 1 to June 30 period due to the closure of the Strait of Hormuz.

30.07.2026 10

Al Monitor

Jack Dutton

Aramco turns to Egypt as Houthis disrupt Saudi oil exports: What to know

Riyadh is now looking to use the Mediterranean route more extensively after the Houthis on July 20 threatened to target oil exports passing through...

28.07.2026 10

Al Monitor

Jack Dutton

Qatar launches diamond exchange as Hormuz crisis chokes LNG exports

Qatar's new diamond exchange is an effort to diversify from the country's main exports, LNG and petroleum products, which have been severely cut as a...

27.07.2026 10

Al Monitor

Jack Dutton

Oil falls 9.5% in steepest drop in months as Iran, US pause attacks

Iran says it is still in control of the Strait of Hormuz and not seeking to resume peace talks with the United States after President Donald Trump...

27.07.2026 10

Al Monitor

Jack Dutton

Oil tops $100 for first time since May after Houthi tanker strikes, Trump threats

The Iran-backed rebels said they had targeted two Saudi tankers, the Encelia and the Layla.

23.07.2026 10

Al Monitor

Jack Dutton

Oil approaches $100 after Houthis strike Saudi tankers in Red Sea

The Iran-backed rebels said they had targeted two Saudi tankers, the Encelia and the Layla.

23.07.2026 10

Al Monitor

Jack Dutton

How US bid prevailed over China, France, Russia in Saudi nuclear deal

The Trump administration has made American nuclear technology a major priority with an $80 billion investment in the sector, including nearly $18...

22.07.2026 10

Al Monitor

Jack Dutton

Houthis warn shipping firms to avoid Saudi ports or face attack: What to know

The Houthi militia reportedly emailed multiple shipping companies on Tuesday, warning them of the consequences of visiting Saudi ports.

21.07.2026 10

Al Monitor

Jack Dutton

As Houthis declare Red Sea blockade on Saudi Arabia, oil markets brace for impact

The Iran-backed group said the maritime embargo on the Gulf's biggest crude exporter would be effective immediately.

20.07.2026 10

Al Monitor

Jack Dutton

Houthi blockade of Bab el-Mandeb could deepen global oil shock

The Iran-backed group said the maritime embargo on the Gulf's biggest crude exporter would be effective immediately.

20.07.2026 20

Al Monitor

Jack Dutton

Oil tops $90 as Iran warns Hormuz 'will not be safe'

Tensions escalated further after Iran's Islamic Revolutionary Guard Corps vowed on Monday that not a "single drop" of oil or gas would pass through...

20.07.2026 10

Al Monitor

Jack Dutton

Chevron, ConocoPhillips advance Iraq's Hormuz alternatives

Oil agreements have been announced or are expected to be signed on Friday, toward the end of Iraqi Prime Minister Ali Al-Zaidi's visit to the United...

17.07.2026 10

Al Monitor

Jack Dutton

Syria, US hold first business forum since sanctions relief: What to know

The one-day forum in Damascus was organized by Syria’s Ministry of Economy and Industry and the US-Syria Business Council, which was established in...

13.07.2026 10

Al Monitor

Jack Dutton

Oil climbs after US strikes Iran, Trump vows to control Strait of Hormuz

US Central Command said in a statement early on Monday that it struck dozens of Iranian targets overnight as Iran targeted American bases across the...

13.07.2026 10

Al Monitor

Jack Dutton

US strikes strategic railway bridge linking Iran to China: What to know

The railway bridge also links Tehran and other southern cities to Mashhad, where large crowds are gathering for the burial ceremony on Thursday of...

09.07.2026 20

Al Monitor

Jack Dutton

Oil soars more than 6% as Trump rules out Iran deal, threatens more strikes

Oil prices had been recovering following a memorandum of understanding signed last month to end the war, but they rose by more than 6% early on...

08.07.2026 20

Al Monitor

Jack Dutton

Canada, Turkey launch free trade talks on NATO summit sidelines

Trade between the two countries stood at $4.3 billion in 2025, and officials from both countries will meet to lay the groundwork for the first FTA...

07.07.2026 20

Al Monitor

Jack Dutton

Oil prices ease as OPEC+ increases production, Hormuz traffic rebounds

Brent crude, the international benchmark, fell 0.15% to $71.87 a barrel as of 8:07 a.m. EDT after dropping as low as $71.09 earlier in the session,...

06.07.2026 20

Al Monitor

Jack Dutton

Syria launches gas project with Saudi firm in latest Gulf energy partnership

The project is the latest in a series of Gulf-backed investments aimed at rebuilding Syria's energy sector after the ouster of President Bashar...

03.07.2026 30

Al Monitor

Jack Dutton

Oil falls below $71 as US-Iran talks continue, Gulf exports rebound

Qatar’s Foreign Ministry spokesperson said in an X post on Wednesday that Iran and the United States had made "positive progress."

02.07.2026 20

Al Monitor

Jack Dutton

Trump earns $810M from UAE-backed crypto firm: What to know

According to the disclosure, Trump earned $810 million from crypto token sales and sales of interests in UAE-backed World Liberty Financial.

01.07.2026 10

Al Monitor

Jack Dutton

Kuwait's Zain eyes $1.5B mobile network in postwar Syria: What to know

The Kuwaiti company is planning to invest more than $1.5 billion in Syria after securing a license to operate there, Bloomberg reported Tuesday.

30.06.2026 20

Al Monitor

Jack Dutton

Traffic plummets through Strait of Hormuz after Iran, US trade fire

Shipping through the Strait of Hormuz had recovered somewhat before renewed fighting between Iran and the United States saw traffic drop sharply over...

29.06.2026 10

Al Monitor

Jack Dutton

After UAE and Qatar, could Iraq be next to leave OPEC?

Iraq is seeking a higher production quota as the effective closure of the Strait of Hormuz has slashed oil revenues and plunged the country into a...

25.06.2026 20

Al Monitor

Jack Dutton

Oil falls below $74 as Hormuz traffic recovers after Iran war

Brent crude, the international benchmark for oil prices, was trading at $73.81 a barrel at 10:40 a.m. EDT, down 4.2% from Tuesday's close.

24.06.2026 20

Al Monitor

Jack Dutton

Lebanon advances controversial $500,000 golden visa law

While its supporters say the scheme would help Lebanon's economy recover, critics say it could offer a channel for corruption.

23.06.2026 10

Al Monitor

Jack Dutton

Syria announces direct flights to Amsterdam as Europe links expand

The head of Syria’s General Authority of Civil Aviation and Air Transport announced that after years of suspension, Syrian Airlines would restart...

22.06.2026 10

Al Monitor

Jack Dutton

Oil falls more than 3% after Iran, US signal progress in talks

International benchmark Brent crude fell to $78.68 as of 7:06 a.m. EDT.

22.06.2026 20

Al Monitor

Jack Dutton

Oil falls more than 3% after Iran, US signal peace deal progress

International benchmark Brent crude fell to $78.68 as of 7:06 a.m. EDT.

22.06.2026 20

Al Monitor

Jack Dutton

Saudi Aramco's VC arm sees boom in emerging technologies, retail

Anas Alqahtani, CEO of Wa'ed Ventures, expects strong growth in Saudi Arabia’s emerging technology and retail sectors over the coming years.

18.06.2026 10

Al Monitor

Jack Dutton

Oil falls to $80 as markets rally on Iran-US peace deal: What to know

Brent crude, the international benchmark for oil prices, hit $80.41 at 6:46 a.m. EDT on Monday.

15.06.2026 20

Al Monitor

Jack Dutton

Oil falls below $80 as markets rally on Iran-US peace deal: What to know

Brent crude, the international benchmark for oil prices, hit $80.41 at 6:46 a.m. EDT on Monday.

15.06.2026 20

Al Monitor

Jack Dutton

US strikes on Indian-crewed tankers spark tensions with New Delhi

India summoned the US deputy chief of mission in Delhi on Friday to protest American strikes on commercial vessels off the coast of Oman.

12.06.2026 20

Al Monitor

Jack Dutton