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  • Politics
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  • oil market
Representatives of OPEC member states hold a press conference following the their meeting in Vienna, Austria. AFP

Oil markets weigh prospect of a full-scale Iran-Israel war

Despite sanctions, Iran is still a big oil producer, with huge refining capacity. It also controls waterways crucial to the flow of Gulf oil. Yet the West has reserves and China's demand is dropping.

Abdulfattah Khattab 12 November 2024
Nathalie Lees

Russia’s ‘shadow fleet’ is sailing through sanctions to pay for war

Oil revenue boosting the Kremlin's invasion of Ukraine comes from a fleet of ships and intermediaries designed to evade sanctions and price caps. All signs are that it is working.

Nazareth Seferian 30 May 2024
Some observers are speculating that the Chinese decision could spell the end for the dollar’s dominance. Shutterstock

Is the petrodollar losing its lustre?

Some observers are speculating that the Chinese decision could spell the end for the dollar's dominance

Faisal Faeq 15 April 2023
  • Popular
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The "Unity of Position" conference, held by the Syrian Democratic Forces (SDF) in Hasakah on August 8, 2025. Social media
Politics

Heading for a showdown? SDF conference riles Damascus

13 August 2025

Syria's government needs to centralise decision-making and bring armed groups to heel, but Kurds in the north-east want to establish a 'coalition of the unwilling' with Druze and Alawites. What now?

Subhi Franjieh
Laura Salafia
Profiles

Tom Barrack: the businessman with a huge Middle East remit

08 August 2025

Donald Trump's ambassador to Türkiye and envoy to Syria has been having some critical conversations in regional capitals since April, from disarming Hezbollah to preventing another war with Israel

Omer Onhon
Demonstrators raise placards during an anti-government rally calling for action to secure the release of Israeli captives in Gaza near the defence ministry in Tel Aviv on August 12, 2025. Jack GUEZ / AFP
Politics

Israelis are finally fed up with Netanyahu's endless war on Gaza

14 August 2025

The gulf between the political and military establishments is widening. Politicians speak of a delayed victory, but military leaders warn of an inescapable quagmire.

Ziad Al Halabi
Al Majalla
Business & Economy

How Saudi Arabia harnessed its oil boom to foster development

14 August 2025

The first in a two-part series explains how the country capitalised on its black gold decades ago to expand its economy horizontally, a stunning success that paved the way for Vision 2030

Hussein al-Sharaa
US President Donald Trump (C), Azerbaijani President Ilham Aliyev (L) and Armenian Prime Minister Nikol Pashinyan display the agreement they signed in the State Dining Room of the White House in Washington, DC, on August 8, 2025. ANDREW CABALLERO-REYNOLDS / AFP
Politics

A new Trump-sponsored link in the South Caucasus causes a stir

11 August 2025

The Zangezur Corridor, a route through Armenia linking Azerbaijan and Türkiye, will be built and managed by Americans and will pass along the Iranian border, creating winners and losers

Omer Onhon

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OPINIONS

What global apathy over Gaza says about the modern world

Houssam Itani
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Hezbollah and the end of the militia era

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Trump-Putin meeting already seen as a win for the Kremlin

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