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Saudi Arabia said on Wednesday that an attack on an Aramco building in the kingdom's east sparked a "limited fire" and that debris from intercepted Houthi missiles wounded four people in the capital Riyadh. It came hours after the Saudi-led coalition battling Yemen's Houthis said it had intercepted several missiles on…
The International Monetary Fund forecast Tuesday that Iran’s economy would shrink 7.6% in 2026, a worse outlook than for its main Middle Eastern rivals amid the war, with Saudi Arabia and the UAE facing smaller contractions and Israel and Turkey expected to grow.
The IMF projects double-digit economic contractions in Iraq, Kuwait, Qatar, and Bahrain in 2026 as the war, disruptions to the Strait of Hormuz, and damage to oil infrastructure batter regional economies