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

Qatar cover image

Qatar

August 8, 2026

Doha 6:20 pm

36°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

An Iranian man holds a photo showing Iran's supreme leader Ayatollah Ali Khamenei, and Iran's late Ayatollah Ruhollah Khomeini, while listening to Iran's President Hassan Rouhani delivering a speech on the eve of the 25th anniversary of the death of Islamic revolutionary leader Khomeini, at Khomeini's mausoleum in a suburb of Tehran on June 3, 2014. AFP PHOTO / ATTA KENARE (Photo credit should read ATTA KENARE/AFP/Getty Images)

Khamenei rep blames Saudi Arabia, Qatar for Iraq insurgents

In a rare moment of directness, a representative of Iran’s supreme leader has directly named Saudi Arabia and Qatar as the cause of the Islamic State of Iraq and al-Sham’s surge in Iraq.

A man looks as the world's biggest Liquefied Natural Gas (LNG) tanker DUHAIL as she crosses through the Suez Canal April 1, 2008. The Qatari tanker, which was built to transfer LNG from Qatar to Europe and the U.S., is on her first trip ever from Qatar to Spain. REUTERS/Stringer (EGYPT) - RTR1YZYN

Russia, Qatar compete in natural gas market

Russia and Qatar differ on Syria but are considering means of mitigating their natural gas rivalry in the Gas Exporting Countries Forum.

Saudi Arabia's Foreign Minister Prince Saud al-Faisal attends the opening of an Arab foreign ministers emergency meeting to discuss the Syrian crisis and President Bashar al-Assad's regime, at the Arab League headquarters in Cairo, March 9, 2014. The Arab League on Sunday endorsed Palestinian President Mahmoud Abbas's rejection of Israel's demand for recognition as a Jewish state, as U.S.-backed peace talks approach a deadline next month. The United States want Abbas to make the concession as part of effort

Saudi, UAE coordination signals differences with Qatar

Saudi Arabia and the United Arab Emirates have formed a joint committee to coordinate their regional efforts, with Egypt and Libya topping the agenda.

Turkey's Prime Minister Tayyip Erdogan (C) cuts the ribbon during the opening ceremony of the new building of the Turkish Embassy in Doha December 4, 2013. REUTERS/Mohammed Dabbous (QATAR - Tags: POLITICS) - RTX163FZ

Turkey, Qatar strengthen economic ties

Turkey is again stepping up relations with Qatar by adding cultural and commercial links to their political collaboration in the international arena.

U.S. Secretary of State John Kerry (L) and U.S. President Barack Obama are greeted upon their arrival on Marine One for a meeting with Saudi King Abdullah at Rawdat al-Khraim (Desert Camp) near Riyadh in Saudi Arabia, March 28, 2014.
REUTERS/Kevin Lamarque (SAUDI ARABIA - Tags: POLITICS) - RTR3J176

US can help heal GCC rifts

The United States is leading efforts to resolve the dispute between Saudi Arabia and Qatar, but uncertainty over the future of the Gulf Cooperation Council remains.

Saudi Arabia's Foreign Minister Prince Saud al-Faisal (L) and Turkey's Foreign Minister Ahmet Davutoglu (R) attend the Fourth Ministerial Meeting of Turkey-Gulf Cooperation Council (GCC) in Istanbul January 28, 2012. REUTERS/Osman Orsal (TURKEY - Tags: POLITICS) - RTR2WZJV

The Saudi-Turkey cold war for Sunni hegemony

Saudi Arabia views Turkey's mix of democracy and Islam as a threat to its own regional role.

People walk past the site of Tuesday's car bomb attack on al-Muthna bridge at Taji, north of Baghdad March 26, 2014. At least nine people were killed and 25 others wounded when a suicide bomber drove a truck packed with explosives to an army checkpoint late Tuesday, police said. REUTERS/Ahmed Saad (IRAQ - Tags: CIVIL UNREST POLITICS) - RTR3IMQG

Iraq-Saudi ties need strategic context

While Iraqi Prime Minister Nouri al-Maliki has accused Saudi Arabia of supporting terrorist groups, Baghdad should instead work on establishing effective channels of communication to cooperate in anti-terror efforts.

Palestinians Hamas supporters take part in a protest in front of the Egyptian embassy in Gaza March 7, 2014, against a recent rule by Egyptian court which banned all the activities of Hamas movement in Egypt. An Egyptian court on March 4, 2014 banned all activities of Hamas in Egypt in a further sign that Cairo's military-backed government aims to squeeze the Palestinian Islamist group that rules neighbouring Gaza, regarding it as a security threat. REUTERS/Mohammed Salem (GAZA - Tags: POLITICS CIVIL UNREST

Hamas seeks to retain Saudi ties despite Brotherhood ban

Hamas is hoping to escape the anti-Brotherhood wave sweeping the Gulf and is trying to stay on good terms with Saudi Arabia.

A general view shows Dubai's cityscape September 24, 2013. Dubai's government is working on new rules to protect its real estate market and prevent any excessive rise of property prices that could end in a crash, a senior official said on Tuesday. REUTERS/Ahmed Jadallah (UNITED ARAB EMIRATES - Tags: REAL ESTATE BUSINESS CITYSCAPE) - RTX13Y0C

Al-Monitor launches Gulf Pulse

With the launch of its Gulf Pulse, Al-Monitor is expanding its coverage of the region.

Iraqi Prime Minister Nouri al-Maliki speaks at the opening day of a counter-terrorism conference in Baghdad, March 12, 2014. REUTERS/Karim Kadim/Pool (IRAQ - Tags: POLITICS CIVIL UNREST) - RTR3GRM5

Baghdad holds international anti-terrorism conference

According to the conference organizers, Saudi Arabia and Qatar were invited, but didn’t attend, despite Prime Minister Nouri al-Maliki's accusing of them of supporting terrorism.

Egyptian expatriates living in Qatar wait for their turns to vote at a polling station at the Egyptian embassy in Doha May 12, 2012, during an early voting ahead of Egypt's presidential election. Egypt's presidential election, set to be the freest it has ever had, began for citizens abroad on Friday after a caustic televised debate between two candidates that produced no clear favourite to lead the most populous Arab nation. With no obvious winner for now, the fewer than 1 million expatriates registered to

Egypt fears backlash if it cuts ties with Qatar

Egypt is hesitating to join the Gulf Cooperation Council (GCC) and cut ties with Qatar, because the government fears the repercussions such a step would have for the many Egyptians working in Qatar.

What next for Qatar and the GCC?

Following the decision by Saudi Arabia, Bahrain and the United Arab Emirates to withdraw their ambassadors from Qatar, will Doha reassess its foreign policy to ensure it can continue playing the vital role of mediator in thorny regional issues?