Middle East: What You Need to Know for July 10

The video covers key Middle East stories, including Iraq's liberation of Mosul from ISIS, Qatar's legal actions against a Saudi-led bloc, potential OPEC oil output caps for Libya and Nigeria, and Egypt's easing of currency restrictions. These events highlight significant geopolitical and economic developments in the region.

What significant event took place in Mosul that alerted the world to the strength of the Islamic State?

• The liberation of Mosul by Iraqi troops

• The signing of a peace treaty in Mosul

• The establishment of a new government in Mosul

• The fall of Mosul to the Islamic State

What action is Qatar taking against the Saudi-led bloc?

• Imposing economic sanctions

• Seeking military intervention

• Pursuing damages through legal action

• Requesting diplomatic negotiations

What might OPEC ask Libya and Nigeria to do regarding their oil production?

• Cap their oil production

• Export more oil to Europe

• Increase their oil output

• Stop oil production entirely

What change did Egypt's second biggest bank make regarding dollar restrictions?

• Increased the amount of dollars that can be bought

• Decreased the amount of dollars that can be bought

• Restricted dollar purchases to business travelers only

• Introduced a new currency exchange fee

Why were Libya and Nigeria initially exempt from OPEC's production cuts?

• As a reward for political stability

• Due to their economic growth

• Because of internal strife

• To boost their oil exports