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النسخة العربية
  • 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, Nov 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, Apr 2023
  • Popular
  • Editor's Pick
Lina Jaradat
Politics

US-Houthi ceasefire fuels Israeli fears of an Iran deal

09 May 2025

The Yemeni militant group is proving to be a stubborn adversary, and Trump doesn't want anything to detract from his visit to the Gulf next week, where he plans to make a 'big' announcement

Michael Horowitz
Sara Padovan
Business & Economy

A new economic order is emerging, and tariffs play no part in it

07 May 2025

China has been quietly working to rewrite the rules of global trade and finds itself in a strong position in the current trade war launched by Washington. A look around the world shows why.

Shirley Ze Yu
Ewan White
Politics

Why Libya isn't the right model for Iran’s nuclear climbdown

08 May 2025

Israel wants the total dismantlement and scrapping of all Iranian nuclear facilities, just like in Libya two decades ago. That is unrealistic for several reasons.

Ramzy Ezzeldin Ramzy
Rahaf Saad, a Palestinian girl who lost her legs in an Israeli air strike. REUTERS
Culture & Social Affairs

Missing limbs and broken dreams: Gaza's generation of child amputees

03 May 2025

Israel's war on Gaza has created the "largest cohort of child amputees in modern history". On the ground, Al Majalla speaks to affected families.

Houssam Marouf
Opinion

Trump's 'unforced errors' could accelerate America's decline

06 May 2025

If history is any judge, Trump's tariffs and damaging actions towards US allies could speed up the emergence of a multipolar world, much like George W. Bush's invasion of Iraq

Christopher Phillips

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OPINIONS

Leo XIV: Habemus Papam, we have a pope!

Con Coughlin
Con Coughlin

US-Houthi ceasefire fuels Israeli fears of an Iran deal

Michael Horowitz
Michael Horowitz

Neo-Umayyadists need a reality check

Houssam Itani
Houssam Itani

Libya is at its lowest point since 2020

Ben Fishman
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