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July 8, 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

Saudi troops walk past armoured personnel carriers at their base in Yemen's southern port city of Aden September 28, 2015. REUTERS/Faisal Al Nasser - GF10000225427

Intel: How Saudi support for Yemen extremists could dry up US arms sales

Nikolai Patrushev (R), Secretary of the Security Council of Russia (R) listens during the first meeting of national security secretaries of Afghanistan, China, Iran, India and Russia, in the Iranian capital Tehran on September 26, 2018. (Photo by ATTA KENARE / AFP) (Photo credit should read ATTA KENARE/AFP/Getty Images)

Top Russian security officials tour Egypt, Gulf to discuss Syria, Libya

Over the space of a week, top officials in the Russian security apparatus toured Saudia Arabia, the United Arab Emirates and Egypt with some intriguing proposals on Syria and Libya.

The Gulf Cooperation Council's (GCC) Leaders are seen ahead of their Summit meeting in Riyadh, Saudi Arabia December 9, 2018. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY - RC1819A5F470

GCC states boxed in by US sanctions on Syria

The United States creates dilemmas for GCC in Syria; Qatar steps up with $500 million Lebanon investment; Netanyahu seeks Arab photo-op in Poland.

Agnes Callamard (R), UN special rapporteur on extra-judicial, summary or arbitrary executions, stands behind barriers in front of of the Saudi Consulate, in Istanbul, on January 29, 2019 during her visit as part of an inquiry into the murder of Saudi journalist Jamal Khashoggi, who was reportedly killed inside the Saudi Consulate on October 2018. (Photo by Cemal YURTTAS / AFP) / Turkey OUT (Photo credit should read CEMAL YURTTAS/AFP/Getty Images)

Intel: How Turkey is responding to the UN probe of Khashoggi's murder

Onlookers look at a car burnt down by a blast in the war-torn southwestern city of Taiz, Yemen January 22, 2019. REUTERS/Anees Mahyoub - RC1FAD2F1FA0

Mattis departure risks US policy void as Yemen pact falls apart

Day-to-day responsibility for managing the Yemen conflict is being passed on to John Rood, the Pentagon’s No. 3 official.

Members of Saudi security forces take part in a military parade in preparation for the annual Haj pilgrimage in the holy city of Mecca September 5, 2016. REUTERS/Ahmed Jadallah - S1AETZPDJXAA

Congress poised to put Saudi Arabia on the hook for millions in military training

Lawmakers estimate ending security assistance could cost Riyadh up to $30 million.

U.S. Army Maj. Gen. Robert Catalanotti (R), director, Exercises and Training Directorate J-7, U.S. Central Command arrives to take part in the "Eager Lion" military exercises at the Jordan-Saudi Arabia border, 260 km (162 miles) south of Amman June 5, 2014. Around 12,500 participants from 20 countries will take part in Eager Lion. REUTERS/Muhammad Hamed (JORDAN - Tags: MILITARY POLITICS) - GM1EA651SJJ01

Congress cuts deal on Middle East aid package

The latest spending bill contains big wins for Egypt and Turkey while shunning Saudi Arabia.

Emir of Qatar Sheikh Tamim bin Hamad bin Khalifa Al-Thani meets with Lebanon's President Michel Aoun as he arrives to attend the Arab Economic and Social Development summit meeting in Beirut, Lebanon January 20, 2019. REUTERS/Mohamed Azakir - RC1CA2F76AB0

Qatar challenges Saudi influence in Lebanon

There has been a vacuum created by a decline of Saudi influence in Lebanon that Qatar now seeks to fill.

Russian President Vladimir Putin (L) and his Turkish counterpart Tayyip Erdogan speak during a ceremony to mark the completion of the sea part of the TurkStream gas pipeline, in Istanbul, Turkey November 19, 2018. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. - RC12DCA255B0

Erdogan seeks lifeline from Putin in Syria

The Turkish president will discuss Syria with his Russian counterpart in Moscow this coming week, as Qatar's Sheikh Tamim takes spotlight in Beirut.

Saudi Arabia's King Salman bin Abdulaziz meets with U.S. Secretary of State Mike Pompeo (not pictured) in Riyadh, Saudi Arabia January 14, 2019. Andrew Caballero-Reynolds/Pool via REUTERS - RC1EB8EB4070

Four years into Salman's reign, Saudi Arabia more unpredictable than ever

Saudi Arabia seems to have taken a number of wrong turns since Salman took the throne four years ago; can he make the decisions to get the country back on track?

U.S. Secretary of State Mike Pompeo speaks to students at the American University in Cairo, Egypt, January 10, 2019. Andrew Caballero-Reynolds/Pool via REUTERS - RC18BBC96000

Egyptians decry Pompeo's 'ode to Israel' from Cairo

In his recent speech in Cairo, US Secretary of State Mike Pompeo failed to explain US policy on the Middle East, but he did voice support for Israel.

Iran plays Hamas card ahead of Israeli elections

Hamas insists on Qatari money; Iran offers training for Palestinian factions; Russia wrestles with its limits in Syria; UAE leads GCC rapprochement with Damascus.