Oil and gas

FADEL SENNA / AFP via Getty Images

UAE battles tanker oil spill as war's environmental toll mounts

Gulf oil spills have become more frequent since the beginning of the US-Israel-Iran war on Feb. 28.

United Arab Emirates

Qatar's Energy Minister and CEO of QatarEnergy Saad Sherida al-Kaabi speaks during a press conference in Doha, on June 22, 2026.

Qatar locks in US LNG through 2054 as it looks beyond Hormuz

The Gulf state agreed to buy up to 4 million tons of US liquefied natural gas annually through 2054.

The Chinese-flagged container shipping vessel Hui Fa transits the Gulf of Oman off the coast of Khor Fakkan in the emirate of Sharjah east of the UAE, on Oct. 13, 2026.

Gulf oil exports surpass prewar levels despite escalating tanker attacks

According to data from Kpler, oil shipments through the Strait of Hormuz and alternative routes across the Middle East averaged more than 24 million barrels a day last week, surpassing prewar levels of 23.3 million.

In Bristol, reporting on regional business, climate change, AI, tech

Benoit Tessier / AFP via Getty Images

Macron secures Gulf diesel supplies as France grapples with fuel costs, unrest

France now has commitments for 295,000 metric tons of diesel per month from the Gulf, accounting for just over 10% of the European country’s consumption.

Latest News

Analysis

As Iran’s oil lifeline runs dry, can it outlast Trump's economic siege?

shoppers walking through the Tajrish Bazaar, a traditional market in Tehran

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Analysis

How much oil can cushion another Middle East supply shock?

A vessel transits the Gulf of Oman

In Bristol, reporting on regional business, climate change, AI, tech

Explainer

Russian diesel heads to Morocco as supply crunch grips global markets

Fuel prices are displayed at a petrol station in Rabat

Explainer

Aramco HQ attack exposes Saudi defense gaps, infrastructure vulnerabilities

Flames burn at a facility belonging to Saudi oil giant Aramco south of Riyadh

TOPSHOT - Smoke rises from the direction of an energy installation in the Gulf emirate of Fujairah on March 14, 2026. Smoke could be seen rising from the direction of a major UAE energy installation on March 14, in what appeared to be the latest strike targeting the Gulf's petroleum facilities hours after the US struck Iran's Kharg Island. (Photo by AFP via Getty Images) /

Explainer

IMF projects Gulf rebound in 2027. Can energy production keep pace?

Restoring shipping access in the Strait of Hormuz is only part of the recovery, as Gulf producers also need to repair damaged infrastructure to avoid further disruption to production and exports.

A cargo ship is pictured off coast of the Khor Fakkan Container Terminal, along the Gulf of Oman, on June 28, 2026, after Iran's top diplomat warned that any attempt by shipping to bypass its preferred route through the Strait of Hormuz would "increase tensions" in the Middle East.

Hormuz attacks spike after US airstrike on Iran-linked tanker

Six commercial vessels were hit in just one day in the Strait of Hormuz after an American fighter jet disabled an Iran-linked tanker that military officials accused of attempting to run the US naval blockade.

Jared Szuba

In Washington, DC, reporting on defense, national security, military

Guests attend the 25th WPC Energy Congress, Riyadh, Saudi Arabia, Oct. 12, 2026.

Saudi Arabia outlines oil export plans amid escalating Houthi attacks

Saudi authorities said on Monday they were extending the suspension of operations at King Khalid International Airport after deadly attacks over the weekend by Yemen's Iran-aligned Houthis.

A man walks past a closed foreign exchange office in Baghdad on October 7, 2026. Iraq's central bank devalued the dinar currency against the dollar on October 7, with the country facing a deepening crisis brought on by the Middle East war. (Photo by AHMAD AL-RUBAYE / AFP via Getty Images)

Iraq devalues dinar 13% as Hormuz disruption hits oil revenue

The central bank said in a statement that it had revised the official exchange rate to 1,520 Iraqi dinars per dollar from around 1,320.

U.S. Secretary of State Marco Rubio speaks at the Pnyx hill, where ancient Athenians held democratic assemblies, with the ancient Parthenon temple atop the Acropolis seen in the background, in Athens on October 7, 2026. (Photo by Mark Schiefelbein / POOL / AFP via Getty Images)

Explainer

Rubio says Iran ‘lost’ Hormuz. Has it?

US Secretary of State Marco Rubio said Wednesday that Iran has “lost complete control” of the waterway, pointing to the recovery in Gulf oil exports in September.

A Yemeni man holds up a mock missile decorated with the colors of the Palestinian flag and the chechered keffiyeh in front of portraits of slain Hamas leader Yahya Sinwar (L) and the leader of the Houthi movement, Abdel Malek al-Houthi (R), during a protest in Sanaa to denounce strikes on Yemen and Israel's bombardment of Gaza on Jan. 15, 2025.

Turkey, Pakistan to deploy forces to Saudi Arabia amid Houthi attacks

Turkish, Saudi and Pakistani officials agreed to bolster military cooperation under the Mecca defense pact as Houthi attacks and fighting in Yemen intensify.

Vessels transit the Hormuz Strait off the coast of Iran's southern port city of Bandar Abbas on Sept. 7, 2026.

Mideast oil exports surpass prewar levels despite pipeline, ship attacks

Bloomberg reported on Monday, citing sources, that Saudi Arabia’s key East-West Pipeline was flowing as normal, despite an earlier report that it had closed again following a new attack.

In Bristol, reporting on regional business, climate change, AI, tech

A woman crosses a street near a giant billboard erected on the facade of a building depicting a member of Iran's Islamic Revolutionary Guards Corps placing his foot on a US sea drone, reportedly seized by Iran in the Strait of Hormuz, in Vanak Square in Tehran, on Sept. 24, 2026.

Analysis

As Iran’s grip on Hormuz weakens, what leverage does Tehran have left?

Six months into the war, Iran's grip on the Strait of Hormuz is weakening. The world is slowly learning to live with it, oil flows are recovering, alternative routes are expanding and Tehran's own economy is bearing the cost of keeping the waterway under pressure.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

Saudi stocks hit wartime low as Aramco slides, Gulf oil exports rebound

Saudi Arabia’s Tadawul All-Share Index fell 1.17% on Tuesday, dragged down by oil giant Aramco, as investors digested signs that Gulf oil exports are recovering.

Ghalibaf

Iran’s IRGC slams Trump as Ghalibaf threatens oil infrastructure

Iranian Parliament Speaker Mohammad Bagher Ghalibaf has warned that no other country in the region will be able to sell oil if Iran is unable to do so.

In this picture obtained from Iran's ISNA news agency on June 18, 2026, vessels are seen anchored in Bandar Abbas along the Strait of Hormuz.

Oil rises amid Hormuz impasse, Trump attack threat

Oil rose after weekend reports suggested talks to reopen the Strait of Hormuz had stalled.

LNG tanker

Qatar's extended LNG force majeure prolongs supply cuts to Europe, Asia

Italy’s Edison said Monday that QatarEnergy would be unable to deliver LNG to it until early December.