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July 7, 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

The main gate at Naval Air Station Pensacola is seen on Navy Boulevard in Pensacola, Florida, U.S. March 16, 2016. Picture taken March 16, 2016. U.S. Navy/Patrick Nichols/Handout via REUTERS. THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. - RC2RPD9BC4N8

Intel: How Florida base shooting could threaten US-Saudi training programs

President Donald Trump’s outraged allies in Congress are calling on the United States to reevaluate its training programs for Riyadh after a Saudi national killed three and wounded two others in a shooting at a Florida naval base on Friday.

China looks to boost its influence in Yemen

China is capitalizing on its ties with the various actors in Yemen's civil war to play a bigger role in investing in a post-conflict Yemen.

Saudi Arabia's King Salman bin Abdulaziz Al Saud (C) welcomes U.S. President Donald Trump (L) and first lady Melania Trump (R) to a tea ceremony in the Royal Terminal after they arrived aboard Air Force One at King Khalid Airport International in Riyadh, Saudi Arabia May 20, 2017. REUTERS/Jonathan Ernst - RC1E44EB6DF0

Intel: Saudi king calls Trump after Florida shooting

Brian Hook, U.S. Special Representative for Iran, speaks at a news conference in London, Britain June 28, 2019. REUTERS/Simon Dawson - RC1B15C08920

In shift, State’s Hook says Yemen’s Houthis independent from Iran

A top Trump administration Iran official praised a de-escalation proposal by Yemen’s Houthi rebels amid apparent progress in Saudi-Houthi talks to end the war in Yemen.

Turkish flag flutters at Turkey's border gate, as pictured on Syria side, overlooking the ruins of buildings destroyed during fightings with the Islamic State militants in Kobani, Syria October 11, 2017. Picture taken October 11, 2017. REUTERS/Erik De Castro - RC1E48BC4870

US pushes to reintegrate militants after Islamic State fight

A senior State Department official told Al-Monitor the administration is working to help Middle Eastern and African countries reintegrate thousands of fighters who joined the Islamic State and its affiliates.

Saudis' release of Houthis met with both hope, skepticism

Houthi senior officials welcomed Saudi Arabia's release of detainees, but much remains to be resolved in the bloody four-year battle.

Damage is seen at a school in the southwestern city of Taiz, Yemen December 18, 2018. Picture taken December 18, 2018. REUTERS/Anees Mahyoub - RC1BBCDB89D0

Yemen’s Taiz residents still drowning in woes despite deal

Yemeni citizens in Taiz doubt the power-sharing deal brokered by Saudi Arabia will help them overcome the major destruction and humanitarian disasters caused by the ongoing war and Houthi siege on their city.

BOSTON, USA - MARCH 25: (----EDITORIAL USE ONLY MANDATORY CREDIT - "BANDAR ALGALOUD / SAUDI KINGDOM COUNCIL / HANDOUT" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS----) Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud (C) visits Innovation and Technology fair at Massachusetts Institute of Technology in Boston, Massachusetts, USA on March 25, 2018. (Photo by Bandar Algaloud / Saudi Kingdom Council / Handout/Anadolu Agency/Getty Images)

Gulf donors drawn into controversy over foreign influence at US campuses

Six US universities are under investigation for allegedly failing to report $1.3 billion in gifts and contracts from Middle Eastern and other foreign sources.

U.S. President Donald Trump and U.S. Secretary of State Mike Pompeo talk during a meeting with Canada's Prime Minister Justin Trudeau (not pictured), ahead of the NATO summit in Watford, in London, Britain, December 3, 2019. REUTERS/Kevin Lamarque - RC2SND9G88LE

Trump condemns Iran protest crackdown, stays mum on Oman, French mediation efforts

President Donald Trump, responding to a reporter’s question in London, said the United States does not support the protesters in Iran before he later clarified his answer and castigated the Iranian government.

DOHA, QATAR - NOVEMBER 25: Turkeys Foreign Minister Mevlut Cavusoglu and Qatari counterpart Mohammed bin Abdulrahman Al-Thani take part in an agreement signing ceremony, held after inter-delegation working meal with Turkish President Recep Tayyip Erdogan and Emir of Qatar Tamim bin Hamad Al Thani in Doha, Qatar on November 25, 2019.

(Photo by Mustafa Kamaci/Anadolu Agency via Getty Images)

Turkey sees greater partnership with Qatar than is apparent

Turkey's commercial gains from its partnership with Qatar have been modest and the media fanfare over fresh bilateral accords is hard to comprehend.

General view of the Gulf Cooperation Council (GCC) summit in Mecca, Saudi Arabia, May 30, 2019. Picture taken May 30, 2019. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. - RC14404B7D30

Concerns over finances, not Iran, will end Qatar crisis

Citizens of Gulf States leading the embargo against Qatar are having to make economic sacrifices while their leaders continue their "ill-advised" and "unsupervised" spending.

Turkish-Saudi animosity spills over into cultural sphere

A new multimillion-dollar series on a Saudi TV channel broadcast across the Middle East depicts Ottomans as tyrants who ravaged the Arab world.