DUBAI, United Arab Emirates (AP) — Saudi Arabia and Russia agreed Tuesday to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market and boosting energy prices. The dual announcements from Riyadh and Moscow...

The Syrian Ministry of Transport decided to transfer the phosphate exported from the state-run port of Latakia to the port of Tartous, which is owned by a Russian company, which deprived the port workers of the large financial benefit they used to obtain from loading phosphate to export ships....

Russia's ruble has fallen a long way in recent months, and the country’s central bank has stepped in to try to halt the slide. Until now, the government stood aside as the declining ruble helped its budget. But a weaker currency also poses the threat of higher prices for everyday people in...

The Central Bank of Syria issued a circular raising the daily withdrawal ceiling from bank accounts opened for natural and legal persons from 15 million SYP to 25 million SYP. The bank justified its decision by saying that it aims to manage the exchange rate to limit speculation on the...