Economy

Middle East and Central Asia’s economy to shrink in 2026 amid war, IMF says

Iraq, Bahrain, Kuwait and Qatar face double-digit declines in GDP amid the fallout from the US-Israel war on Iran.

Cuban energy minister denies link to fuel shipments intercepted by US, says oil imports by private firms insufficient.

Iran says intermediaries handling its oil sales owe it billions of dollars, but how did the debts accumulate?

The IRGC is hitting more ships allegedly part of a shuttle operation to move crude oil beyond the Strait of Hormuz.

US, Australia, Canada, Japan, South Korea and New Zealand among countries urging citizens to avoid travel to the kingdom.

Pledge comes days before Mukesh Ambani’s low-cost Reliance Jio’s parent launches India’s largest-ever IPO.

Tech is driving the economy, and investments are flowing in. But food costs are rising and debt is growing.

The US midterm election campaign has been filled with political ads featuring AI deepfakes that can mislead voters.

Russia to supply 300,000 tonnes of diesel immediately, followed by 1.5 million more, as prices soar amid the Iran war.

Rising fuel prices push Delta’s annual fuel expenses up by $6bn, affecting its profit outlook for 2026.