UAE Says It Will Leave OPEC as Iran War Strains Oil Markets
The Gulf government has long complained about the group’s quotas, which officials believe unfairly limited its exports. Its departure is expected to weaken OPEC’s influence.
The Gulf government has long complained about the group’s quotas, which officials believe unfairly limited its exports. Its departure is expected to weaken OPEC’s influence.
Despite a cease-fire, Israel and Hezbollah have been trading attacks almost daily.
Each side is betting it can last longer than the other, analysts say. But there are risks in a stalemate without a deal.
Cease-fires in Lebanon and Iran are on shaky ground, with military attacks flaring and direct talks between Washington and Tehran to end their war stalled.
President Isaac Herzog of Israel has decided not to issue a pardon to Prime Minister Benjamin Netanyahu in his corruption case at this time, and instead will seek mediation, officials say.
The United States has halted dollar shipments to Iraq’s cash-based economy in an effort to force the Baghdad government to distance itself from Iran. The money comes from Iraq’s oil revenues.
Avraham Zarbiv became known on Israel’s right for demolishing buildings in Gaza. He lit a torch at a national ceremony on Tuesday evening.
Hours after President Trump extended a cease-fire, Tehran appeared to be exerting its authority in the contested waters near the strait.
Iran’s leaders believe that they can withstand an enduring standoff longer than President Trump. The strategy could be economically devastating for average Iranians.
Our visual journalist David Guttenfelder traveled with displaced people returning to their homes in southern Lebanon, as a cease-fire paused the fighting between Israel and Hezbollah.