Category: Middle East

In Dubai, the World’s Luxury Brands Face a Wartime Crisis

The New York Times – Business:
Executives for high-end brands worry that a prolonged war will hurt sales in a city important to the future of the luxury industry.
Why Little Was Done to Head Off Oil’s Strait of Hormuz Problem

The New York Times – Business:
Geography and regional rivalries have prevented Gulf countries from finding a true alternative to the strait, which the war with Iran has effectively shut down.
Jared Kushner Solicits Funds for His Firm While Working as Mideast Envoy

The New York Times – Business:
President Trump’s son-in-law is trying to raise $5 billion or more from foreign governments and others for his private equity firm.
The War in Iran Is Driving Costs Up. Here Are Some Ways to Save.

The New York Times – Business:
The widening war in the Mideast is making life more expensive. Experts shared some simple cost-cutting tips.
What to Know About the U.S. Lasers Being Used to Counter Iranian Attacks

The New York Times – Business:
High-energy lasers can burn drones in the sky like a blowtorch. But they can be stymied by weather, and making them at scale will be a challenge.
Why Does Oil Matter So Much to the Global Economy?

The New York Times – Business:
The war in the Middle East has sent oil and gas prices soaring. Our energy reporter Rebecca F. Elliott breaks down how much the world continues to depend on reliable sources of oil.
Japan and Germany Say They Will Release Oil

The New York Times – Business:
Officials in Tokyo and Berlin said they planned to release oil from their strategic reserves to address disruptions of supplies from the Middle East.
Aluminium, Helium and Sulfur: The Iran War Is Affecting More Than Oil

The New York Times – Business:
Prices of some commodities are already rising, while stockpiles of others could dwindle as the war drags on.
Rising Fuel Costs Pressure Airlines and Truckers

The New York Times – Business:
The price of jet fuel and diesel has surged since the war in Iran began, which could force airlines and trucking companies to pass on higher costs to their customers.
Oil Remains Potent Geopolitical Tool, Decades After Energy Crisis

The New York Times – Business:
The war in the Middle East has sent prices soaring, showing how much the world continues to depend on reliable supplies of oil and gas.
For China, Billions of Dollars Are at Risk From a Widening War

The New York Times – Business:
The country found a home in the Middle East for its investments and growing markets for steel, electric vehicles and solar panels. Those are now at stake.
Airline Stocks Tumble as Iran War Expands Across Middle East

The New York Times – Business:
Higher fuel prices and lower demand for international flights are eating into airlines’ profits.