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July 6, 2026

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Oil tankers and cargo vessels are anchored off the coast of Oman after being stranded for days as congestion at Port Sultan Qaboos has prevented them from docking on June 23, 2026 in Muscat, Oman. The Strait of Hormuz, a vital shipping route for the region's oil and gas, was effectively blockaded since the outbreak of war between the United States and Iran in late February. This week's provisional peace deal between the countries was meant to reopen the waterway to shipping traffic, but the pace of that reo

Oil prices ease as OPEC+ increases production, Hormuz traffic rebounds

Brent crude, the international benchmark, fell 0.15% to $71.87 a barrel as of 8:07 a.m. EDT after dropping as low as $71.09 earlier in the session, its lowest level since before the US-Israel-Iran war began on Feb. 28.

A man walks past the flags of the countries attending the Gulf Cooperation Council summit at Bayan palace in Kuwait City on Dec. 5, 2017.

Analysis

How Iran war shaped divergent paths to security among GCC states

The Iran war left the Gulf more fragmented than united, with competing security strategies replacing any prospect of a common regional defense.

Sabena Siddiqui

By Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Oil drilling near Dakhiliyah in the desert region of Hasakah, Syria, Jan. 25, 2026.

Syria launches gas project with Saudi firm in latest Gulf energy partnership

The project is the latest in a series of Gulf-backed investments aimed at rebuilding Syria's energy sector after the ouster of President Bashar al-Assad in December 2024.

Crude oil tankers, bulk carriers and vessels sit anchored around Qaboos Port on June 22, 2026, in Muscat, Oman.

Oil falls below $71 as US-Iran talks continue, Gulf exports rebound

Qatar’s Foreign Ministry spokesperson said in an X post on Wednesday that Iran and the United States had made "positive progress."

Latest News

Explainer

Saudi FM concludes China visit amid Trump-MBS friction: What to know

China's Foreign Minister Wang Yi (R) shakes hands with Saudi Arabia's Foreign Minister Prince Faisal bin Farhan Al-Saud before a family photo for the attendees of a meeting of foreign ministers from Arab and Muslim-majority nations at the Diaoyutai State Guest House in Beijing on November 20, 2023. The international community must take urgent action to stop the "humanitarian disaster" unfolding in Gaza, Chinese Foreign Minister Wang Yi told visiting diplomats from Arab and Muslim-majority nations on Novembe

Saudi Arabia's FM heads to China amid differences with US on Iran war

PEDRO PARDO/AFP via Getty Images

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Adam Lucente

News and Business Correspondent

In New York City, reporting on regional news, militancy, climate change

Jack Dutton

Chief Business Correspondent

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

Francesco Schiavi

In Bologna, reporting on security, defense, economy, governance

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Lebanese army soldiers stand with displayed weapons that they received during a ceremony at Beirut airport airbase April 20, 2015. The first shipment of French weapons and military equipment arrived in Lebanon on Monday under a Saudi-funded deal worth $3 billion to bolster the Lebanese army's fight against militants encroaching from neighboring Syria. The Saudi Arabia's national flag is displayed during the ceremony. REUTERS/Mohamed Azakir - RTX19H7S

Saudi anti-terrorism coalition raises eyebrows in Lebanon

Saudi Arabia’s anti-terrorism Islamic coalition has sparked mixed reactions in Lebanon as some parties had no idea their country was a listed member.

Members of Saudi security forces take part in a military parade in preparation for the annual Haj pilgrimage in the holy city of Mecca September 17, 2015. REUTERS/Ahmad Masood TPX IMAGES OF THE DAY - RTS1M2W

Saudi Arabia's mounting security challenges

Saudi Arabia's battle in Yemen and conflicts with Iran, coupled with the fall in the price of oil, point to a trying 2016 for the kingdom.

Saudi King Salman bin Abdulaziz (R) walks with Palestinian President Mahmoud Abbas during a welcoming ceremony upon Abbas' arrival to attend the Summit of South America-Arab Countries, in Riyadh November 10, 2015. REUTERS/Faisal Al Nasser - RTS6BUP

Why Abbas should rethink Palestinian support for Islamic coalition

Some Palestinians see President Mahmoud Abbas' decision to participate in the Saudi-led Islamic coalition as a step to turn the world's attention away from their suffering under Israel’s practices.

Islamist Syrian rebel group Jabhat al-Nusra drive a tank on Al-Khazan frontline of Khan Sheikhoun, northern Idlib province May 17, 2014. REUTERS/Hamid Khatib (SYRIA - Tags: CIVIL UNREST MILITARY POLITICS CONFLICT) - RTR3PM99

Jordan’s Syria blacklist blasted by key players

Wide criticism has already emerged of the Jordanian list of terrorist groups in Syria, and some observers believe the initiative never had a chance.

Soldiers loyal to Yemen's government and members of an engineering team stand next to destroyed transmission towers during a search for landmines left by the Houthi rebels in the Mas area, which was taken by pro-government army from the Houthis, in the country's central province of Marib, December 26, 2015. REUTERS/Ali Owidha - RTX203Z5

Can Oman help Saudis save face in Yemen?

Oman, the only GCC country that did not join the Saudi coalition fighting in Yemen, could help the Saudis negotiate peace there.

A soldier from the Saudi-led coalition walks past a broken-down tank on a street in Yemen's southern port city of Aden September 27, 2015. As Gulf-backed forces assemble in Marib province east of Sanaa ahead of a widely expected thrust towards the Houthi-held capital, the fate of Aden and its hinterland may offer a glimpse at whether some form of central government can be resurrected. To match Insight YEMEN-SECURITY/ADEN REUTERS/Faisal Al Nasser - RTX1SQ8T

What's Saudi's new Islamic coalition really up to?

Not a lot is known about Saudi Arabia's newly announced Islamic Military Alliance, leaving observers to ponder its prospects.

A woman leaves a polling station after casting her vote during municipal elections, in Riyadh, Saudi Arabia December 12, 2015. REUTERS/Faisal Al Nasser - RTX1YCBD

Saudi elections: Serious or just for show?

Many observers criticize the recent Saudi election as a largely empty gesture, but others say it marks a first step toward societal change in the kingdom.

United States Secretary of State John Kerry (L) meets with Mohammad Javad Zarif, Minister of Foreign Affairs of Iran, at the United Nations in New York, September 26, 2015. REUTERS/Stephanie Keith TPX IMAGES OF THE DAY - RTX1SNOV

Zarif: Iran sees 'mostly negative signals' from US

Iran’s Foreign Minister Mohammad Javad Zarif, in an interview with Al-Monitor, confirmed brief bilateral exchanges with Saudi counterparts and said numerous disagreements remain inside the international Syria support group on a political transition.

Why Saudi Arabia needs to trust its man on Iran

Considered an Iran expert in Saudi foreign policy circles, Minister Adel al-Turaifi has the background to help mend ties with Tehran; yet, he has so far been either unable or unwilling to resist pressure to take steps to achieve the exact opposite.

Ongoing war silences Yemeni indie radio station

Tayramana FM, a product of the Arab Spring, is on indefinite hold, waiting for an end to the current war so it can re-establish the community it had built.

Gazan poet faces death sentence in Saudi Arabia

A Saudi court has sentenced Palestinian poet Ashraf Fayadh to death on charges of spreading atheism and insulting the Prophet Muhammad.

Iran's military bulks up with new Russian tanks

Tehran plans to purchase T-90 tanks from Russia, but is it enough to strengthen the Iranian military?