Whither the AI bubble?
Companies are taking on huge amounts of debt to fund LLM and data-centre build-outs
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Gas prices soar as Iranian attacks force shutdown of Qatari production
Saudi Arabia also closes an oil refinery after strike
Bahrain’s Alba to buy Europe’s biggest aluminium smelter
Gulf company signals French state-backed lender may also take stake in facility once owned by tycoon Sanjeev Gupta
Gas prices soar as Iranian attacks shut down Qatari production
Retaliatory strikes also hit Saudi Arabia refinery
Why Iran should not count on allies Russia and China to come to its aid
Iran’s closest allies, Russia and China, have not offered material support to it, exposing the hard limits of its “strategic” partnerships.