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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 domestically built mobile missile defence system Bavar-373 is displayed on the National Defence Industry Day in Tehran, Iran August 22, 2019. Tasnim News Agency/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. - RC18AD146FB0

Suspected Iranian strikes raise US concerns over Chinese missile proliferation

The Donald Trump administration is concerned that US adversaries such as China are abetting Iran’s growing missile arsenal, which US officials believe was used in strikes against Saudi oil facilities over the weekend.

Iran's Supreme Leader Ayatollah Ali Khamenei delivers a speech during a ceremony marking the death anniversary of the founder of the Islamic Republic Ayatollah Ruhollah Khomeini, in Tehran, Iran, June 4, 2017. TIMA via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. FOR EDITORIAL USE ONLY. - RC16ADBF0A50

Iran's supreme leader says no talks with US 'at any level'

Iran's supreme leader has dismissed talks with the United States, saying Washington is bound to proving the success of its "maximum pressure" policy by pushing Tehran to the negotiating table.

Russian President Vladimir Putin is seen during trilateral talks with his counterparts Hassan Rouhani of Iran and Tayyip Erdogan of Turkey in Ankara, Turkey September 16, 2019. Sputnik/Valery Melnikov/Kremlin via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. - RC1A1133AD90

Intel: What’s behind Putin’s arms sale proposal to Saudis

Putin's offer of defense missile systems for the Saudis was political but there's more to this in the runup to his visit to Riyadh.

Presidents Vladimir Putin of Russia, Tayyip Erdogan of Turkey and Hassan Rouhani of Iran chat following a joint news conference in Ankara, Turkey, September 16, 2019. REUTERS/Umit Bektas - RC1EF10953B0

How latest Astana talks between Turkey, Russia, Iran went beyond Syria

What the Astana guarantors agreed upon in Ankara will have implications for Syria but the way the leaders communicated past each other each is even more telling.

BQAIQ, SAUDI ARABIA - SEPTEMBER 14, 2019: Smoke billows from Saudi Aramco's oil processing plants in Abqaiq and Khurais, Saudi Arabia. (Photo by Orbital Horizon/Copernicus Sentinel Data 2019/Gallo Images via Getty Images)

Iraq works to distance itself from US-Iran tension after Saudi Aramco attack

Baghdad is worried that the Sept. 14 attack on Saudi Arabia will affect Iraq's stability and relationship with neighboring countries.

Democratic 2020 U.S. presidential candidate and U.S. Senator Bernie Sanders (I-VT) speaks at a campaign rally in Dover, New Hampshire, U.S. September 1, 2019. REUTERS/Brian Snyder - RC1771A53780

Sanders warns Trump against illegal Iran strike

Presidential candidate Bernie Sanders is warning Donald Trump that he does not have the legal authority to strike Iran.

Iran denies involvement in Saudi attacks

Iranian analysts believe the United States and Iran are not headed toward conflict after the attacks on Saudi Arabian oil facilities.

Hamas breaks silence on its leader detained by Saudi Arabia

Saudi Arabia arrested Hamas leader Mohammed al-Khodari, his son and a number of Palestinians, ushering in increased tension in relations between the two sides.

Smoke is seen following a fire at Aramco facility in the eastern city of Abqaiq, Saudi Arabia, September 14, 2019. REUTERS/Stringer - RC18BDE58360

Saudi oil facility attack challenges Washington's regional commitment

While the recent attacks on two Saudi oil facilities will impact global oil prices, it is the US commitment in the region that is under attack.

Women are seen at Shaikh Zayed Grand Mosque before a visit by Pope Francis in Abu Dhabi, United Arab Emirates, February 4, 2019. REUTERS/Tony Gentile - RC187AF4AC70

GCC countries miss chance to grant women full citizenship rights

The tensions polarizing the Gulf region could have triggered long-awaited citizenship reforms, but the right to automatically pass on nationality remains a male preserve.

Destroyed car is seen between rubble as Red Crescent medics inspect the site of Saudi-led air strikes on a Houthi detention centre in Dhamar, Yemen, September 1, 2019. REUTERS/Mohamed al-Sayaghi - RC15DB729000

Congress inches closer to pulling US out of Yemen war

Congress is looking to must-pass spending bills to force President Donald Trump’s hand on Yemen.

How UAE airstrikes on government forces changed military map in Aden

Hopes for a negotiated solution to the dispute in Aden vanished with Saudi Arabia calling on the UAE-backed separatists to withdraw from government institutions in the southern Yemeni city.