Iran unveils new railway link connecting to Europe

The new link will increase annual transport projections by 7 million tons of cargo and 2 million passengers

Iraq wants China to be ‘major participant’ in project linking West Asia to Europe

Baghdad's recently announced $17bn transport project seeks to transform Iraq's economy after decades of war and occupation

Cyprus pushes ahead with plans to become Europe’s hub for Israeli gas

The Cypriot government pitched a plan during a regional energy meeting in Nicosia for a pipeline linking Cyprus to Israel

Iraq unveils $17bn infrastructure project linking West Asia to Europe

The 'Route of Development' project would extend from Turkiye's northern border to the south of the Persian Gulf

Saudi Arabia tops oil reserves with Russian fuel, sells its own to EU

Aggressive western sanctions against Russia in the aftermath of the Ukraine war have continued to backfire

EU ambassador to Palestine condemns Israeli settlement plans

Israel is set to construct 600 settler units in the West Bank, despite being considered illegal under international law

European banks begin severing correspondent relations with Lebanon: Report

European banks are looking to slash ties with Lebanese commercial banks as the country faces being 'grey listed' by the FATF and the central bank chief is wanted by Interpol

US, EU politicians demand withdrawal of COP28 chief

The lawmakers claim oil executives like Jaber are seeking to undermine climate change efforts

EU cancels ‘Europe Day’ event in Israel over Ben Gvir appearance

The EU claimed the extremist security minister's views 'contradict the values the EU stands for'

EU prosecutors grill Lebanon’s finance minister over central bank corruption

Youssef Khalil claimed that during his nearly 30-year tenure at the central bank he was unaware of any corruption or embezzlement of public funds

Saudi Arabia may cut crude oil prices for Asian countries: Reuters

Saudi Aramco, may reduce its official selling price of crude by 40 cents to the barrel following months of price hikes

Palestine hits back at EU official for ‘racist’ remarks

The PA has called on European Commission President Ursula von der Leyen to apologize for remarks made during a speech commemorating Israel 75th anniversary

Syria condemns ‘harmful’ EU sanctions

EU sanctions are part of a ‘maximum pressure’ campaign to block post-war reconstruction and have caused a humanitarian crisis for Syrian civilians

EU smacks Syria, Iran with new sanctions

The sanctions come as West Asia is waging a successful fight to free itself from western economic clutches

Saudi Arabia makes its Eurasian shift

Saudi Arabia's recent reconciliations with Iran and Syria under Chinese-Russian guidance is perceived as a step toward reducing Riyadh's dependence on the US, while also advancing Beijing and Moscow's political and economic influence in West Asia.

ASEAN nations meet, discuss dumping US Dollar, Euro for trade

Indonesia has urged its regional partners to also move away from using Visa and Mastercard to avoid the repercussions of western sanctions on Russia

Israeli officials will not meet EU foreign policy chief over critical remarks

Borrell criticized increased settler violence and civilian casualties caused by Israel’s West Bank raids

Lebanon’s cenbank chief grilled by EU prosecutors, denies embezzling public funds

Riad Salameh, who the UN says is guilty of human rights violations for his role in creating Lebanon's economic crisis, claims to be the victim of political persecution

Russia chides EU big three for dissolving INSTEX trade mechanism for Iran

After Germany, the UK, and France shut down INSTEX, Iran blasted their 'absolute failure to be financially independent from the US'

Saudi Arabia raises oil prices for EU, Asia

The price increase is partially based on China's economy opening up for business after a year of slow growth due to its zero-COVID policy

EU nations condemn Israel’s settlement expansion, West Bank violence

The Israeli military estimates that between 300 to 400 settlers took part in a pogrom-style rampage through the Palestinian town of Huwara

US, EU officials condemn Israeli settler violence, demand justice

Over the past year, the occupied West Bank witnessed a severe uptick in violence, both from settler assaults and the Israeli military

EU follows in Washington’s footsteps temporarily easing sanctions on Syria

Western states have been forced to ease unilateral sanctions on Syria after facing widespread criticism for blocking humanitarian aid deliveries

EU imposes sanctions on 32 Iranian individuals

The new wave of EU sanctions increases the total number of sanctioned Iranian individuals to 196 and 33 entities

Saudi Arabia raises oil prices for Asia, EU, US unexpectedly

The kingdom essentially increased the price for EU buyers by $2 a barrel, and 20 cents for US customers

EU donates $323m to PA for local projects

The donation will support the Palestinian government in financing local projects in agriculture, health, and civil society

Several European consulates shut down over Istanbul terror threats

The US State Department issued a terror alert for Turkiye, stating that synagogues, churches, and western diplomatic missions are a potential target for attacks

Iran retaliates with sanctions against EU, UK

Iran sanctioned the individuals and organizations over their support for terrorism, and interfering with national affairs

US hits Iran with new sanctions, EU waits for court decision

The EU is seeking to designate the IRGC a terrorist organization, and place 37 names on a sanctions list, but needs approval from a European court before the governing body can act

Iranian currency hits record low as EU threatens further sanctions

The New York federal bank has been enforcing stricter controls on international transactions by Iraqi commercial banks to hinder Iran from accessing dollars