Qatar - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012

Qatar cover image

Qatar

August 8, 2026

Doha 12:30 pm

39°C

diamonds

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

A U.S. Air Force F-15E Strike Eagle takes off from Aviano Air Base, Italy, for an air strike mission in support of NATO Operation Allied Force, March 28. Operation Allied Force is the air operation against targets in the Federal Republic of Yugoslavia. - RTXIW23

Will Congress pick Qatar over Israel?

To the chagrin of Israel, lawmakers of both parties want the Obama administration to go through with jet sales to Gulf countries.

Palestinian Hamas militants stand guard during a rally in memory of their seven comrades, who were killed when a tunnel collapsed close to the Gaza Strip's eastern border with Israel, in the east of Gaza City January 31, 2016. REUTERS/Mohammed Salem - RTX24TSC

Hamas drags feet on choosing between Iran, Saudi Arabia

Since the Gulf Cooperation Council decided to label Hezbollah a terrorist organization, Hamas has remained silent and refrained from taking sides so as not to endanger its regional relations.

Why does Hamas, Fatah reconciliation keep failing?

Despite talks, Palestinians expect strategic differences and foreign interference to once more thwart a Fatah-Hamas reconciliation agreement.

Hezbollah responds to GCC decision

In a speech following the GCC’s decision to label Hezbollah a terrorist organization, the movement’s leader, Sayyed Hassan Nasrallah, intensified his criticism of Saudi Arabia, indicating a readiness to go all the way in the confrontation.

Why canceled Arab League summit should worry Israelis

Morocco’s decision not to host the Arab League summit has unexpected implications for Israel.

A Palestinian man watches a television broadcast showing Palestinian President Mahmoud Abbas and Hamas leader Khaled Meshaal in Doha, in his appliance store in Gaza City February 6, 2012. Rival Palestinian factions Fatah and Hamas agreed at a meeting in Qatar on Monday to form a unified Palestinian government for the West Bank and Gaza headed by Fatah chief Abbas, a senior Palestinian official said. REUTERS/Ibraheem Abu Mustafa (GAZA - Tags: POLITICS) - RTR2XEA6

Another Hamas-Fatah reconciliation agreement bites the dust

The latest meetings in Doha to promote the reconciliation between Fatah and Hamas may not reach the desired results, as Egypt, which has always been a sponsor of such meetings, might not allow this.

What fading oil fortunes means for Turkey's businesses

Turkish businesspeople are losing sleep over oil-producing states' deferrals of payments to international contractors and the possible loss of mega projects.

Fighters from the Democratic Forces of Syria position themselves in Ghazila village after taking control of the town from Islamic State forces in the southern countryside of Hasaka, Syria February 17, 2016. Picture taken February 17, 2016. REUTERS/Rodi Said - RTX27JLM

Can Ankara's plans keep up with Syria's escalation?

The course of events in Syria offer opportunities but also new threats to Ankara, which still has to deal with structural flaws in its Syrian policy.

Qatar's Emir Sheikh Hamad bin Khalifa al-Thani (C) arrives in Mehrabad airport ahead of the 16th summit of the Non-Aligned Movement in Tehran, August 30, 2012. REUTERS/Roohollah Vahdati/ISNA (IRAN - Tags: POLITICS) FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS - RTR379P1

Qatar's precarious position between Saudi Arabia, Iran

The recent decline in Saudi-Iranian relations has put GCC members in a bind, in particular Qatar, which for years has tried to maintain diplomatic and economic ties with Iran.

Who's to blame for recent kidnappings in Iraq?

Many foreign diplomats and workers have been kidnapped in Iraq by armed gangs that have been spreading in the absence of security measures, which could damage diplomatic representation.

Russia, Qatar pushed to compromise. But will they?

A recent visit between Qatari and Russian officials indicate that in spite of their many differences, the two states may seek to cooperate.

EDITORS' NOTE: Reuters and other foreign media are subject to Iranian restrictions on their ability to film or take pictures in Tehran.

A worker walks down a walkway on the SPQ1 gas platform on the southern edge of Iran's South Pars gasfield in the Gulf, off Assalouyeh, 1,000 km (621 miles) south of Tehran, January 26, 2011. Picture taken January 26. REUTERS/Caren Firouz (IRAN - Tags: BUSINESS ENERGY) - RTXX58R

Will South Pars help bring Iran's economy back to life?

The newly inaugurated phases 15 and 16 of Iran's giant South Pars project have the potential to greatly boost the country's economy.