Tuesday, October 13Global edition

Middle East

The Gulf, the Levant and beyond

Iran's oil minister quits as US sanctions squeeze crude exports

Mohsen Paknejad cited personal reasons for his departure, though the timing comes as a US naval blockade disrupts oil sales that are central to government revenue. Hamid Bovard, chief executive of the National Iranian Oil Company, has been named acting minister.

2 min read

US sanctions cut Iran's flights to Baghdad, Muscat and the Gulf

Routes to Baghdad, Muscat, Qatar, Georgia and Azerbaijan were suspended on Wednesday as a US deadline expired for foreign companies to stop servicing Iranian carriers. Thousands of travellers have been pushed towards land crossings through Turkey and Armenia.

2 min read

Jordan intercepts eight missiles as Middle East ceasefire collapses

Iran's Revolutionary Guard said it fired ballistic missiles at two US bases in Jordan in retaliation for US strikes on Larak Island. Crude oil prices rose more than four per cent as fighting spread, with US and Saudi forces also striking Iran-backed militants in Iraq.

2 min read