Ruled 18 years before handing power to son, Emir Sheikh Tamim bin Hamad; founded sovereign wealth fund, oversaw push to export LNG

Vodafone has been shrinking its portfolio, selling businesses in Spain and Italy, while merging with Three UK to create No. 1 British mobile operator

Lenders including Saudi National Bank and Emirates NBD are likely to show the effects of weaker trade finance, tourism and international spending

The U.S. also revoked a waiver allowing Iran to sell oil, as American forces struck targets in Iran that were linked to attacks on commercial shipping

The reduction comes as Gulf producers ramp up exports through the Strait of Hormuz following an interim U.S.-Iran deal that has swollen supplies