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August 6, 2026

Doha 3:59 pm

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Explainer

Qatar launches diamond exchange as Hormuz crisis chokes LNG exports

Qatar's new diamond exchange is an effort to diversify from the country's main exports, LNG and petroleum products, which have been severely cut as a result of the Iran war and the Strait of Hormuz crisis.

A ship sails off the coast of Ajman on July 10, 2026.

Interview

Why Strait of Hormuz no longer rattles oil markets as much: IMF

The fund's Middle East director, Jihad Azour, told Al-Monitor that the big Gulf energy producers now have more capacity to absorb the shock.

Jihad Azour

Jihad Azour

Director of the Middle East and Central Asia Department at the International Monetary Fund

Latest News

Oil soars more than 6% as Trump rules out Iran deal, threatens more strikes

A cargo ship is pictured off coast of the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in Sharjah Emirate, along the Gulf of Oman on June 28, 2026.

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Karen Young

In Washington, DC, reporting on regional energy

Reve Chaaban

In Doha reporting on culture

Competitors in action during the Dolphin Energy Doha Dash at Losail Circuit on Qatar National Sports Day, Feb. 10, 2015 in Doha, Qatar. (Photo by Warren Little/Getty Images)

Culture

AL-Monitor Doha: Qatar National Sports Day

This week in Doha a series of exciting events awaits, from National Sports Day festivities to AgriteQ 2025’s sustainable agriculture showcase.

CNN launches new operation in Qatar amid regional rivalry: What we know

CNN's move will fuel Qatar’s growing role as a media hub in the region.

BASHAR TALEB/AFP via Getty Images

Interview

Qatar banks on Trump's help to sustain Gaza ceasefire

Qatari Foreign Ministry spokesperson Majed al-Ansari discusses the Gaza ceasefire-for-hostages deal, the Trump administration's role in implementing it and the future of Hamas' political office in Doha.

Majed al-Ansari

Majed al-Ansari

Qatari Foreign Ministry spokesperson

(Photo by INA FASSBENDER/AFP via Getty Images)

Culture

AL-Monitor Doha: Katara International Arabian Horse Festival

This week in Doha the culture scene is buzzing with the Katara International Arabian Horse Festival, the charm of Qatar’s first floating cafe and a rich lineup of artistic performances.

KARIM JAAFAR/AFP via Getty Images

Culture

Al-Monitor Doha: Syrian Symphony arrives

Syrian voices bring Doha to life this week with pianist and composer Malek Jandali's Syrian Symphony and singer Assala Nasri’s soulful tunes.

Mawlawi Amir Khan Muttaqi visited Abu Dhabi and met with Emirati Foreign Minister Sheikh Abdullah bin Zayed on Jan 8.

Analysis

By hosting Taliban FM, UAE seeks to expand influence in Afghanistan

Abu Dhabi plans to invest up to $400 million in Afghanistan and upgrade the Central Asian country's consulate in Dubai.

Jennifer Gnana

By Jennifer Gnana

In Dubai, reporting on Gulf energy policy and politics

Qatar

Qatar pledges electricity, support for Syria as PM meets Sharaa in Damascus

Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani met Syrian leader Ahmed al-Sharaa in Damascus to discuss bilateral relations, efforts to lift sanctions and Israel’s military actions in Syria.

An Israeli soldier looks at a memorial wall for Israeli people and soldiers who were killed since the Oct. 7 deadly Hamas attack.

Here are main Netanyahu and Hamas compromises in proposed Gaza deal

Details are beginning to surface about a potential deal between Israel and Hamas for the release of hostages and a ceasefire in Gaza.

Hadath

Syrian delegation visits Saudi Arabia in first post-Assad trip: What we know

Syrian Foreign Minister Al-Shaibani is on his first foreign visit to Riyadh less than a month since Bashar al-Assad's fall, received by senior Saudi officials including the foreign and defense ministers.

Delegates chat near a robot during the Future Investment Initiative (FII) forum at the King Abdulaziz Conference Centre in Saudi Arabia's capital Riyadh, on Oct. 30, 2019.

Analysis

Was 2024 a breakthrough year for the Middle East’s AI ambitions?

Gulf states doubled down on AI in 2024, pouring billions into tech infrastructure and US partnerships.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

OMAR HAJ KADOUR/AFP via Getty Images

Analysis

From BRICS to dwindling oil revenues, 2024 was mixed year for Gulf

The ongoing conflict in Gaza, big international investment deals, low oil revenue and increased curtailing of democratic rights dominated Gulf politics and economy in 2024

Jennifer Gnana

By Jennifer Gnana

In Dubai, reporting on Gulf energy policy and politics

ORI AVIRAM/Middle East Images/AFP via Getty Images

Analysis

Israel’s Netanyahu sends mixed messages on hostage deal

Prime Minister Benjamin Netanyahu told the Wall Street Journal he continues to reject as hostage deal that would include ending the war in Gaza.

In Tel Aviv, reporting on national security, Israeli politics, defense