UAE leaves OPEC in blow to oil cartel during war on Iran
Announcement comes as Gulf producers are already struggling to ship exports through the Strait of Hormuz.
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Iran shifts economic focus to essentials during war uncertainty
The government is partly reversing a currency decision for basic items and tapping into the country’s sovereign fund.
Trump government extends Jones Act waiver by 90 days to dampen oil prices
Move is part of a broader US push to curb politically sensitive fuel price spikes before November’s midterm elections.
US Justice Department drops criminal probe of Fed chair Jerome Powell
The announcement on Friday is expected to clear the path for the confirmation of his successor, Kevin Warsh.
EXPLAINER
Iran-Iraq Tanker War redux? Why the Strait of Hormuz crisis is different
The Tanker War between Iran and Iraq in the 1980s also disrupted global shipping. But the situation today is different.
With 3,000 containers stuck in Pakistan, Iran explores more land routes
Documents seen by Al Jazeera say Iran is seeking land transit for stranded sea cargo to bypass US blockade.
Gold is unaffordable, so South Asian brides turn to one-gram substitutes
Families choose imitation jewellery and gold-plated ornaments as record prices push pure gold out of reach.
US soldier charged with using Polymarket to bet on Nicolas Maduro abduction
The suspect, 38-year-old Gannon Ken Van Dyke, allegedly made $400,000 from insider knowledge of the Venezuela attack.
Meta lines up layoffs while Microsoft offers buyouts
Meta will lay off 8,000 workers while Microsoft is offering buyouts to 8,750 people, a first for the Windows maker.
![The cases comes amidst a wave of 40 lawsuits brought against Meta alleging the social media giant prioritized profits over safety for kids [File: Dado Ruvic/Reuters]](https://aljazeeranews-3fuh52rgrl.edgeone.app/wp-content/uploads/2026/02/2026-02-09T103924Z_565968379_RC2VPGAKTI7X_RTRMADP_3_EU-META-PLATFORMS-AI-ANTITRUST-1770666518.jpg?resize=770%2C513&quality=80)
War-driven demand boosts profits for weapons and aircraft manufacturers
Boeing sees reduced first-quarter loss as defence earnings rise amid $2.3bn US Pentagon contract.
US sanctions Cambodian senator over purported scam network links
US Treasury Department accuses Kok An and associates of using political influence to protect network of fraud centres.
