Iraq's president named intelligence chief Mustafa al-Kadhimi as prime minister-designate on Thursday, the third person tapped to lead the country in just 10 weeks as it struggles to replace a government that fell last year after months of deadly protests. Kadhimi was nominated by President...

Top oil producers meeting later Thursday intend to cut production by between 10 and 15 million barrels per day, Kuwait's Oil Minister Khaled al-Fadhel reportedly said. The talks between OPEC and other major producers come as oil languishes at near-two decade lows, with Russia and Saudi...

Jordan's state finances will be deeply hurt by a loss of revenue caused by the impact of the coronavirus on its economy but the aid-dependent kingdom will be able to repay its foreign debt obligations, the finance minister said. Mohammed Al Ississ said in remarks on state television that...

Global trade growth is expected to plummet by up to a third in 2020 due to the coronavirus pandemic, the World Trade Organization said Wednesday, warning that the numbers would be "ugly". "World trade is expected to fall by between 13 percent and 32 percent in 2020 as the COVID-19 pandemic...