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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

U.S. President Donald Trump holds a chart of military hardware sales as he welcomes Saudi Arabia's Crown Prince Mohammed bin Salman in the Oval Office at the White House in Washington, U.S. March 20, 2018. REUTERS/Jonathan Ernst - RC14FF352EF0

Senate votes to constrain Trump on Gulf arms sales as Iran tensions heat up

A bipartisan group of senators rebuked President Donald Trump for his Iran emergency declaration hours after Tehran shot down a US drone over the Persian Gulf.

People attend a symbolic funeral prayer for Saudi journalist Jamal Khashoggi at the courtyard of Fatih mosque in Istanbul, Turkey November 16, 2018. REUTERS/Huseyin Aldemir TPX IMAGES OF THE DAY - RC132008EDA0

Intel: Latest UN Khashoggi report could up pressure on Saudis

Saudi Crown Prince Mohammad bin Salman’s efforts to distance himself from the gruesome murder of journalist Jamal Khashoggi in the kingdom’s consulate in Istanbul have suffered a major setback at the United Nations.

Foreign Minister of Turkey Mevlut Cavusoglu is seen during a preparatory meeting for the GCC, Arab and Islamic summits in Jeddah, Saudi Arabia, May 29, 2019. REUTERS/Hamad I Mohammed - RC1E8318B600

Turkey’s olive branches have prickly effect on Saudis

Grappling with serious economic woes, Turkey is seeking to normalize ties with Saudi Arabia, but some of its fence-mending have badly backfired.

SANA’A, YEMEN – MAY 30: A Yemeni internally displaced girl walks outside her family's tent at a displaced persons camp on May 30, 2018 near Sana’a, Yemen. According to the UNHCR, conflict in Yemen has left 22.2 million people, 75 per cent of the population, in need of humanitarian assistance. Yemenis are currently facing multiple crises, including armed conflict, displacement, risk of famine and the outbreaks of disease including cholera, creating the world’s worst humanitarian crisis. (Photo by Mohammed Ha

Heavy rains hit IDP camp in Sanaa, adding to their misery

Yemen's internally displaced not only suffered because of the heavy rainfall but also could not celebrate Eid al-Fitr as international humanitarian assistance has been mostly suspended.

South Korean army Apache helicopters fly during a demonstration at a media event of 2018 Defense Expo Korea near the demilitarized zone separating the two Koreas in Pocheon, South Korea, September 11, 2018. REUTERS/Kim Hong-Ji - RC14D5CD39F0

Qatar, Bahrain duck congressional backlash against Gulf arms sales

As scrutiny grows over arms transfers to Washington’s Gulf allies, the Senate narrowly voted to allow weapons sales to Qatar and Bahrain.

Saudi soldiers stand in line at an airfield where Saudi military cargo planes land to deliver aid in Marib, Yemen January 26, 2018. Picture taken January 26, 2018. REUTERS/Faisal Al Nasser - RC1D0C8D9D00

Congress opens several new fronts in bid to block Gulf arms sales

The House joined Senate efforts to stop the Donald Trump administration from selling arms to Saudi Arabia and the United Arab Emirates.

U.S. Secretary of State Mike Pompeo is greeted by Saudi's Minister of State for Foreign Affairs Adel al-Jubeir in Riyadh, Saudi Arabia January 13, 2019. Andrew Caballero-Reynolds/Pool via Reuters - RC160C633DE0

Despite US pressure, expect regional players to phone in Manama meeting

Several regional states will show up for the US-led conference in Bahrain, but none of them really believes it will promote Middle East peace.

U.S. Secretary of State Mike Pompeo listens to Chinese Communist Party Office of Foreign Affairs Director Yang Jiechi speak as the two countries hold a joint news conference after participating in a second diplomatic and security meeting at the U.S. Department of State, Washington, U.S., November 9, 2018. REUTERS/Leah Millis - RC152C740580

US policy faces blind spots on China, Middle East

The effects of US trade policy toward China may strike a blow on global markets and possibly affect US national security.

Egyptian President Abdel Fattah al-Sisi attends the Arab summit in Mecca, Saudi Arabia, May 31, 2019. REUTERS/Hamad l Mohammed - RC192C74A920

As Iran stirs worries, Sisi sets vision for Arab security

Egyptian President Abdel Fattah al-Sisi offers a plan to achieve Arab security and counter threats to the Arab region, to avoid war with Iran.

Egypt's hand appears in play behind scenes in Sudan

The head of the Sudanese Transitional Military Council has visited Saudi Arabia, Egypt and the United Arab Emirates, raising questions about Cairo’s role in Sudanese affairs.

A damaged Andrea Victory ship is seen off the Port of Fujairah, United Arab Emirates, May 13, 2019. REUTERS/Satish Kumar - RC1C22EB5DB0

Iran says Mossad ‘fabricating intelligence’ on oil tanker attacks

Iran’s foreign minister has condemned the UNSC meeting that will discuss UAE claims about oil tanker attacks.

U.S. Senator Lindsey Graham (R-SC) speaks to reporters on his way to the Senate floor for a vote at the U.S. Capitol in Washington, U.S. May 14, 2019. REUTERS/Jonathan Ernst - RC1F178C0200

Republicans rebuke Trump over Gulf arms sales

Congress is going on offense against President Donald Trump’s use of emergency powers to arm Arab states.