Arab States Meet To "Deliver Verdict" On Qatar Response To Ultimatum

Foreign ministers of Saudi Arabia, the United Arab Emirates, Egypt and Bahrain are meeting in Cairo today to consider whether to escalate, or less likely abandon, the boycott imposed on Qatar last month that has rattled a key oil-producing region and unnerved strategic Western allies.

Gulf States Launch Naval Blockade Of Qatar

In what has emerged as the most significant escalation to result from the Qatar diplomatic crisis - which pits two of OPEC’s largest oil producers, Saudi Arabia and the UAE, against the world’s biggest exporter of liquefied natural gas and further disrupts stability in the region -  the biggest Middle East oil and container ports banned all vessels sailing to and from Qatar from using their facilities.

The Qatar Turmoil Fallout: Flights, Food, Football And More

Saudi Arabia, Egypt, UAE, Bahrain and others cut diplomatic ties with Qatar. What does this mean for Qatar's economy and people doing business there? An initial look reveals that troubling things are in store for the small but rich gulf nation, which happens to be the host nation of the 2022 World Cup.

Economists Puzzled By Unexpected Plunge In Saudi Foreign Reserves

Saudi Arabia's reserves inexplicably tumbled below $500 billion in April for the first time since 2011 even after accounting for the first ever Islamic bond sale, fueling speculation it’s triggered by capital flight and the costs of the kingdom’s war in Yemen.

Total Airplane Laptop Ban Coming Or Not? What Are The Issues?

Following intelligence reports that ISIS may be planning to attack airlines with laptop computers rigged as bombs, Trump initiated a ban on laptops on some flights from some airports. Rumors had it that the ban was going to be extended to make things “uniformly fair”. Fortunately, common sense prevailed, for now.

OPEC Deal Backfires: Saudis Lose Market Share To Iran, Iraq

Since the start of OPEC’s production cuts, oil market analysts and experts have been focusing on how U.S. shale would respond to the relatively higher and stable oil prices, possibly eating up some of the cartel’s global market share while the cuts last. But the market share war is also going on a micro level within OPEC itself...