Iran revolution

Amjad Kurdo / Middle East Images / AFP via Getty Images

Explainer

How Iran war created unexpected economic beneficiaries

The Strait of Hormuz crisis is reshaping global energy and trade flows, creating opportunities for economies far beyond the Middle East.

Tankers are seen at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in the Sharjah Emirate, along the Strait of Hormuz, a waterway through which one-fifth of global oil output passes on June 23, 2025.

UAE eyes first multifuel pipeline as Hormuz crisis drags on

State-owned Abu Dhabi National Oil Company is considering building a refined oil products pipeline that bypasses the Strait of Hormuz.

United Arab Emirates

Mario Tama/Getty Images

Container rates climb as logistic firms scale up Hormuz alternatives

The Drewry World Container Index measuring container shipping prices has soared by more than 40% since the start of the US-Israel-Iran war.

United Arab Emirates

Iran's Parliament Speaker Mohammad Bagher Ghalibaf speaks during an election campaign rally ahead of the presidential vote in Tehran on June 15, 2024.

Explainer

From China to Qatar: Where Iran’s frozen assets are held

Tehran is reportedly demanding some $24 billion in frozen funds be unblocked as part of a peace deal with the United States.

Latest News

Uptick in Chinese tankers transiting Hormuz amid Trump-Xi summit

Jag Vasant, an Indian-flagged tanker carrying liquefied petroleum gas (LPG) that transited through the Strait of Hormuz amid the Middle East war, remains docked at an offloading terminal along the coast in Mumbai on April 1, 2026.

United Arab Emirates

Analysis

Why Iran’s regime didn't break: The hidden networks behind its survival

Mahmoud Karimi, a maddah, leads a mourning ritual during the Muslim month of Muharram in the lead-up to Ashura, a 10-day period commemorating the seventh century killing of Prophet Mohammed's grandson Imam Hussein in Tehran on July 3, 2025.

Jamshid Jamshidi

By Jamshid Jamshidi

Pistachios reach highest prices in eight years amid Iran war

An Iranian grocer sells pistachios imported from Iran at a Persian products shop in the Gulf emirate of Dubai on July 10, 2019. (Photo by Karim SAHIB / AFP) (Photo credit should read KARIM SAHIB/AFP via Getty Images)

Could UAE tap US currency swap line as Iran war strains Gulf economies?

Haruna Furuhashi /Getty Images

United Arab Emirates

A man walks past a screen displaying stock indices at the Dubai Financial Market stock exchange in Dubai, March 4, 2026.

Oil rises, Gulf stocks slide after Iran ship seizure throws truce into doubt

In a post on Truth Social on Sunday, US President Donald Trump said the US Navy fired at and seized an Iranian-flagged cargo ship in the Gulf of Oman.

A fuel truck CarbOil services an Easyjet aircraft at Milan's Malpensa Airport on April 13, 2026.

Eurozone's inflation jumps 2.6%, jet fuel shortages loom amid Iran war

Inflation has been soaring globally amid an energy supply crunch caused by the blockade of the Strait of Hormuz.

Exhaust emits from the engine of a passenger jet as it prepares for take off at Heathrow Airport on March 30, 2006, in London, England.

Jet fuel squeeze exposes Europe’s reliance on Middle East supply

Lawmakers on the continent have been told to make "timely preparations in anticipation of a potentially prolonged disruption" in energy flows from the region.

This photograph shows the Malta-flagged container ship CMA CGM "pollon Valletta and the Panamean-flagged Wood Chips carrier Green Sapphire in the sea in Fos-sur-Mer, southern France, on March 25, 2026.

No ships transit Hormuz as Iran plans safe-passage tolls: What to know

An Iranian lawmaker told Fars News Agency that Tehran plans to charge ships tolls to ensure safe passage through the Strait of Hormuz, formalizing the country’s control over the strategic waterway.

Rouzbeh Fouladi / Middle East Images / AFP via Getty Images

Meet Mojtaba Khamenei, hard-liner with IRGC ties, likely Iran’s next supreme leader

The late supreme leader's son has long operated behind the scenes in Iran’s political system and has close ties to the Islamic Revolutionary Guard Corps.

In this photo released by the official website of the Supreme Leader's Office on Thursday, June 26, 2025, Iranian Supreme Leader Ayatollah Ali Khamenei appears among his supporters for the first time since the Iran-Israel war, in Tehran, Iran. (Photo by Office of the Supreme Leader of Iran via Getty Images)

Iran's Supreme Leader Ali Khamenei, architect of regional expansion, declared dead

Ayatollah Ali Khamenei was killed during US and Israeli strikes after serving for 36 years as the Islamic Republic’s second supreme leader.

A member of the security forces stands guard during a rally marking the 47th anniversary of the 1979 Islamic Revolution in Tehran on Feb. 11, 2026.

New Zealand slaps 40 Iran officials with sanctions over protest crackdown

New Zealand is the latest country after Australia, the United States, Germany and others to sanction Iran over the crackdown.

A handout photo made available by Iran's Supreme National Security Council office shows Secretary of the Supreme National Security Council Ali Larijani (C) arriving in Muscat, Oman, on Feb. 10, 2026.

Iran’s Larijani in Qatar, meets Hamas leadership: What to know

Qatar and Oman have played a vital role in mediating between Iran and the United States to avoid military confrontation that would spill over to the rest of the region.

Iranian instructor Maryam Ghelich stands with student Narghes as they look at Elham (3rd R), Leila and Mona, posing on their motorbikes before their lesson at a training center in northern Tehran on Dec. 7, 2025.

Iran formally allows women to drive motorcycles: What to know

The new resolution comes amid widespread unrest in Iran, where massive nationwide protests triggered by economic hardship and a severe government crackdown have shaken cities across the country.

A state building is covered with a giant anti-US billboard depicting a symbolic image of the destroyed USS Abraham Lincoln aircraft carrier in downtown Tehran, Iran, on Feb. 1, 2026.

Iran arrests Oscar-nominated writer, civil rights figures in expanding crackdown

Iranian authorities arrested three prominent activists over the weekend, including Oscar-nominated screenwriter and journalist Mehdi Mahmoudian as arrests surge across Iran.

Iran's Foreign Minister Abbas Araghchi (R) shakes hands with Turkey's Foreign Minister Hakan Fidan during press conference in Tehran on Nov. 30, 2025.

Analysis

Why Iran regime’s potential collapse spells more risk than benefit for Turkey

Iran’s leadership faces its most serious unrest in years, and rising Kurdish mobilization makes the prospect of regime collapse particularly risky for Turkey.

Amberin Zaman

By Amberin Zaman

Reporting on geopolitics, minorities, human rights, culture

Fires are lit as protesters rally on Jan. 8, 2026 in Tehran, Iran.

Analysis

Bruised, not broken: Iran’s regime shows no deep structural cracks — yet

One of the clearest indicators of regime vulnerability — namely defections among the elite or military positions — has not materialized yet.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics