What You Need to Know About the Middle East, Oct. 12

Samsung's Note 7 recall expands due to overheating issues, affecting millions of devices globally. Emirates Airlines considers a phone ban. Oil prices drop amid doubts about Russia's cooperation with OPEC. Saudi Arabia reveals its oil reserves, highlighting economic dependence on crude sales. Turkey plans military action against IS in Iraq, dismissing Baghdad's protests. Bloomberg provides global news coverage.

What was one of the consequences for Samsung following the Note 7 recall?

• A new product launch in China

• A partnership with Apple

• A phone ban on Emirates Airlines flights

• Increased sales in the USA

What was the main reason for the decline in oil prices mentioned in the transcript?

• Increased demand for oil

• Russia's refusal to cut output

• OPEC's decision to increase supplies

• A new oil discovery in the USA

What percentage of Saudi Arabia's export earnings come from crude sales?

• 75%

• 60%

• 90%

• 50%

How long does Saudi Arabia estimate its oil reserves will last?

• 50 years

• 70 years

• 60 years

• 80 years

What was Turkey's stance regarding military actions in northern Iraq?

• They remained neutral

• They sought approval from Baghdad

• They planned to join the attack on Islamic State

• They decided to withdraw their troops