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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

Why Saudi Arabia is focused on tensions with Iran

The Saudis have called an Arab summit for May 30 in Mecca to likely brand Iran as a terrorist state, with the apparent hope that the United States will strike Iran.

Failed Yemeni talks shatter hopes of Yemenis' financial recovery

Residents of Houthi-controlled Sanaa pinned their hopes on a recent meeting between Yemen’s warring sides to solve economic crises as the country’s Central Bank remains divided, but no solution was found and differences remain.

Hatice Cengiz, fiancee of murdered journalist Jamal Khashoggi, testifies before a House Foreign Affairs Subcommittee hearing on "The Dangers of Reporting on Human Rights" on Capitol Hill in Washington U.S., May 16, 2019. REUTERS/Kevin Lamarque - RC1D7A0812B0

Intel: How Jamal Khashoggi’s fiancee is keeping the pressure on Saudi Arabia

Jamal Khashoggi’s fiancee is determined to keep his legacy alive and well — and that starts with making sure Washington holds Saudi Arabia accountable for killing him.

Qatar's Emir Sheikh Tamim bin Hamad Al-Thani attends the 30th Arab Summit in Tunis, Tunisia March 31, 2019. REUTERS/Zoubeir Souissi - RC1112B958E0

Qatari aid includes West Bank, Gaza Strip

Qatar's announcement of $480 million in aid to both the West Bank and the Gaza Strip has sparked fears over the Saudi response to such aid.

Libyan National Army (LNA) members, commanded by Khalifa Haftar, pose for a picture as they head out of Benghazi to reinforce the troops advancing to Tripoli, in Benghazi, Libya April 7, 2019. REUTERS/Esam Omran Al-Fetori - RC14EB305380

Why global and regional powers aren't standing up against Hifter's Libya offensive

If major international players could find a common interest in a stable Libya, they might see a simple way out of the seemingly endless wars of post-Gadhafi succession, yet they continue to back opposing factions in Libya.

Israel, Qatar interests merge on Gaza, West Bank

In order to ameliorate its image in Washington, Qatar is now ready to extract Israel from the complicated situation it got into by withholding money from the Palestinian Authority.

Saudi Arabia's King Salman bin Abdulaziz Al Saud (R) presents U.S. President Donald Trump with the Collar of Abdulaziz Al Saud Medal at the Royal Court in Riyadh, Saudi Arabia May 20, 2017. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAY - RC18E76205A0

Congress tries to defund US nuclear transfers to Saudi Arabia

House Democrats want to use the power of the purse to halt the transfer of US civil nuclear technology to Saudi Arabia.

People carry food aid they received from the local charity, Mona Relief, ahead of the holy month of Ramadan on the outskirts of Sanaa, Yemen May 5, 2019. REUTERS/Khaled Abdullah - RC130ADB5390

Yemenis demand aid transparency as humanitarian crisis rages

A campaign demanding transparency in aid delivery is gaining traction in Yemen, where a humanitarian crisis threatens millions.

U.S. Secretary of State Mike Pompeo (L) meets with Saudi Crown Prince Mohammed bin Salman in Riyadh, Saudi Arabia January 14, 2019. Andrew Caballero-Reynolds/Pool via REUTERS - RC1E4A498AC0

Saudis’ troubled ties in region threaten Trump's anti-Iran agenda

The Trump administration is tightening the screws on Iran, but Saudi Arabia, Iran's archnemesis, may not be of help drumming up support for the US policy given the state of its current relations in the Arab world.

Kuwaiti candidate and former parliament speaker Marzouq al-Ghanem speaks during a campaign rally in Kuwait City on November 22, 2016.
During the past decade, the parliament in the desert emirate has been dissolved five times by the emir due to political disputes and twice by courts over procedural flaws. The most recent occasion the emir exercised those powers was last month when he called a snap election following a crisis over petrol price hikes. / AFP / Yasser Al-Zayyat (Photo credit should read

Russia, Kuwait discuss common ground in regional conflicts

Russia embraces yet another US ally in the Gulf as Moscow seeks partners for its "inclusive collective security architecture" in the Middle East.

A man walks at the scene of an air strike that hit a gas station near a hospital in Kutaf district of the northwestern province of Saada, Yemen March 28, 2019. REUTERS/Naif Rahma - RC19E8A2B540

Democrats move to defund Yemen war after veto defeat

After failing to override a presidential veto on ending US support for the Saudi-led coalition in Yemen, Congress is looking for new ways to tie the Trump administration’s hands.

Yemeni members of the southern separatist movement, loyal to President Abedrabbo Mansour Hadi, stand next to a tank on April 15, 2015 in Aden's northern suburbs. Saudi-led coalition air strikes hit rebel targets in the Yemen's main southern city after overnight attacks by anti-government forces killed seven people, military sources and medics said. AFP PHOTO / SALEH AL-OBEIDI (Photo credit should read SALEH AL-OBEIDI/AFP/Getty Images)

Yemen's divided parliament growing further apart

Literally and figuratively, the two sides of Yemen's split parliament are miles away from each other and show no sign of reconciliation.