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Middle East

Like Trump, Iran’s new supreme leader is a real estate mogul, with a house on ‘Billionaire’s Row,’ a villa in Dubai, and upscale European hotels

A Bloomberg investigation in January found Khamenei has avoided putting investments in his own name, but they totaled more than $138 million.

By Jason MaMarch 9, 2026
three men speak on conference stage
Dubai’s signature Token2049 crypto event set to go forward even as other conferences hit pause amid growing conflict
By Carlos GarciaMarch 9, 2026
A plume of smoke rises from the port of Jebel Ali following a reported Iranian strike in Dubai on March 1, 2026.
Iran’s attacks on Amazon data centers in UAE, Bahrain signal a new kind of war as AI plays an increasingly strategic role, analysts say
By Jeremy KahnMarch 9, 2026
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Trump promised to fill America’s oil reserves ‘right to the top.’ A year later, oil has exceeded $100 and they’re still less than 60% full
By Tristan BoveMarch 9, 2026
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Investors priced in a 6-week Iraq War but it lasted 8 years and cost $3 trillion. They’re doing it again
By Nick LichtenbergMarch 9, 2026
Odds of a stock market meltdown with 1970s-style stagflation jump to 35% this year, veteran strategist warns
By Jason MaMarch 9, 2026
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By Joseph HostetlerMarch 9, 2026
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By Preston ForeMarch 9, 2026
More Middle East
middle east
Middle EastSaudi Arabia tells Iran it will be ‘the biggest loser’ as drone strikes spray Arab states
By The Associated PressMarch 9, 2026
macron
EnergyOil price moderates after Macron, as leader of G7, confirms ‘the use of strategic reserves is an envisaged option’
By Alex Veiga, Elaine Kurtenbach and The Associated PressMarch 9, 2026
africa
EnergyThe Iran oil shock is really bad for countries in a region where cars and roads transport almost all food: Africa
By The Associated PressMarch 9, 2026
iran
Middle EastIran’s Assembly of Experts picks 56-year-old Mojtaba Khamenei as next Supreme Leader
By Jon Gambrell, Sam Metz, Kareem Chehayeb, Samy Magdy and The Associated PressMarch 9, 2026
wall
EnergyDow, Nasdaq, S&P all falling as oil spikes briefly over $120 per barrel
By Elaine Kurtenbach, Matt Ott and The Associated PressMarch 9, 2026
EnergyOil over $100, markets in free fall, and Iran’s new supreme leader is Trump’s ‘worst case’ scenario
By Jim EdwardsMarch 9, 2026
US President Donald Trump salutes during a dignified transfer at Dover Air Force Base in Dover, Delaware, US, on Saturday, March 7, 2026.
EconomyWhen it comes to the war in Iran don’t go betting on the TACO trade, says top J.P. Morgan investment strategist
By Eleanor PringleMarch 9, 2026
EconomyOil prices soar past $110 while Dow futures sink 1,000 points as Iran war spirals into worst-case fears and U.S. eyes special forces mission
By Jason MaMarch 8, 2026
Middle EastIran picks Khamenei’s son as next supreme leader, Fars says
By Patrick Sykes and BloombergMarch 8, 2026
Middle EastPentagon says 7th U.S. service member has died in Mideast war after being injured in Iranian attack on Saudi Arabia
By The Associated PressMarch 8, 2026
EnergyDespite rising prices, Trump downplays need to tap Strategic Petroleum Reserve. ‘There’s a lot of oil out there. That’ll get healed very quickly’
By Wyatte Grantham-Philips, Cathy Bussewitz and The Associated PressMarch 8, 2026
Middle EastRussia is sharing intelligence with Iran about U.S. military targets in the Mideast, marking first sign Moscow is getting involved in the war
By Seung Min Kim, Aamer Madhani and The Associated PressMarch 8, 2026
Middle EastU.S. considers idea of special operation to seize Iran’s uranium
By Jonathan Tirone, Donato Paolo Mancini, Josh Wingrove and BloombergMarch 8, 2026
Middle EastTehran engulfed in fire, smoke and acid rain following strikes
By Golnar Motevalli, Arsalan Shahla and BloombergMarch 8, 2026
Photo of burning gas flares at a refinery
Energy‘Nightmare scenario’ looms as global markets head for the biggest oil output disruption in history, top energy guru warns
By Jason MaMarch 8, 2026
EnergyOil market chaos to deepen as more Gulf giants cut output
By Yongchang Chin and BloombergMarch 8, 2026
EnergyThe Persian Gulf’s ‘saltwater kingdoms’ rely so much on desalination that damage to the infrastructure could force evacuations
By Annika Hammerschlag and The Associated PressMarch 8, 2026
Middle EastMideast’s water supply at risk as Bahrain and Iran say their desalination plants were attacked amid expanding war
By Jon Gambrell, Sam Metz, Kareem Chehayeb and The Associated PressMarch 8, 2026
NewslettersFortune Archives: Iran’s heartbreakingly brief startup spring
By Indrani SenMarch 8, 2026
Middle EastIran sends conflicting signals on war, highlighting split between leaders looking to de-escalate vs. hard-liners bent on fighting the U.S. and Israel
By Jon Gambrell, Sam Mednick, Samy Magdy and The Associated PressMarch 7, 2026
Middle EastTrump says he ruled out having Kurdish forces join Iran war
By Maria Paula Mijares Torres and BloombergMarch 7, 2026
EnergyUAE and Kuwait start oil output cuts after Hormuz blockage
By Fiona MacDonald, Anthony Di Paola and BloombergMarch 7, 2026
Middle EastTrump grieves with families during return of soldiers killed in war in the Middle East
By Seung Min Kim, Julia Demaree Nikhinson and The Associated PressMarch 7, 2026
EnergyForget the U.S. Navy. The best protection for ships traveling through the Strait of Hormuz may be claiming to be a ‘Chinese’ or ‘Muslim’ vessel
By Jason MaMarch 7, 2026
North AmericaTrump calls on regional leaders at ‘Shield of the Americas’ summit to use their militaries against drug cartels
By Aamer Madhani, Joshua Goodman, Alanna Durkin Richer and The Associated PressMarch 7, 2026
Middle EastThe U.S. is sending an AI-powered anti-drone system to the Mideast as response to countering Iran’s Shahed has been ‘disappointing’
By Emma Burrows and The Associated PressMarch 7, 2026
Middle EastSaudi Arabia intensifies engagement with Iran to defuse war
By Donato Paolo Mancini, Fiona MacDonald, Samy Adghirni, Sam Dagher and BloombergMarch 7, 2026
Middle EastTrump says U.S. may target new parts of Iran in escalating war
By Arsalan Shahla, Kateryna Kadabashy and BloombergMarch 7, 2026
EnergyRegular gasoline is now $3.41 a gallon, up 43 cents since Trump launched his war on Iran, as oil prices soar 36% from a week ago
By Cathy Bussewitz and The Associated PressMarch 7, 2026
Middle EastAs Trump says military has plenty of munitions for Iran war, Democrats point out U.S. didn’t give Ukraine more interceptors because of low supply
By Ben Finley and The Associated PressMarch 7, 2026
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