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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

Activists, including Aimee Artigliere, center, chant as they begin to march during a demonstration calling for sanctions against Saudi Arabia and against the disappearance of Saudi journalist Jamal Khashoggi, outside the White House in Washington, U.S., October 19, 2018. REUTERS/Leah Millis - RC195EEDBBA0

Trump administration launches last-ditch effort to halt anti-Saudi bills

The Donald Trump administration is briefing the Senate on Riyadh’s murder of Jamal Khashoggi in a last-ditch bid to kill a resolution intended to end US support for the Saudi coalition in Yemen.

Smoke rises from a warehouse of the World Food Programme as fire engulfs it in Hodeida, Yemen March 31, 2018. REUTERS/Abduljabbar Zeyad - RC1F6A979000

Intel: Why the US opposes UN calls for a Yemen cease-fire

Secondary students sit for an exam in a government school in Riyadh June 15, 2008. Tens of thousands of Saudi students from elementary, middle and high schools have started their one-week mid-term exams. REUTERS/Fahad Shadeed (SAUDI ARABIA) - GM1E46F1C6L01

Intel: How bigoted ‘backsliding’ in Saudi textbooks belies MBS’ reformist credentials

Saudi Arabia's Crown Prince Mohammed bin Salman Al Saud receives a gift from Bahraini King Hamad bin Isa Al Khalifa in Manama, Bahrain, November 26, 2018. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY? - RC12300BE420

Saudi crown prince on goodwill tour as royal family frets

Saudi Arabia's king and crown prince are touring the country and region to drum up support for the heir apparent, whose thuggish behavior has alarmed many in the royal family and abroad.

Khashoggi murder: Storm clouds gather over Turkish-Saudi ties

Whatever fate awaits Saudi Crown Prince Mohammed bin Salman, Ankara’s already frosty relationship with Riyadh will continue to be clouded by this affair for the foreseeable future.

How Saudi Arabia, Qatar are competing over Iraq

As the rivalry between Saudi Arabia and Qatar continues, each country seeks influence in Iraq in order to expand its economic and political power in the region.

Saudi Crown Prince Mohammed bin Salman attends a session of the Shura Council in Riyadh, Saudi Arabia November 19, 2018. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. - RC1BDA877AE0

Intel: Why Congress launched federal probe of Saudi crown prince

Did PA receive Saudi reward for its support?

Saudi Arabia has resumed aid to the Palestinian Authority in a surprising move that raises questions about the kingdom’s motives behind the decision.

Egypt sends mixed messages on possible thaw with Qatar

Though some officials in Cairo have stated the importance of a stable relationship with Qatar, so far there are no initiatives for reconciliation.

U.S. President Donald Trump holds a bilateral meeting with Egypt's President Abdel Fattah el-Sisi on the sidelines of the 73rd United Nations General Assembly in New York, U.S., September 24, 2018. REUTERS/Carlos Barria - RC1114168F20

Can Egypt afford to defy Trump in support of Gaza?

Egypt is walking a tightrope as it tries to balance its support for Palestinians with its common interests with Washington and its security and economic ties to Israel.

U.S. President Donald Trump speaks to the news media while walking to board Marine One to depart for travel to Mar-a-Lago from the White House in Washington, U.S., November 20, 2018. REUTERS/Leah Millis - RC19D819FF30

Intel: How Trump’s pass for Saudis is firing up Congress

A man enters to Saudi Arabia's consulate as security officers stand at the entrance in Istanbul, Turkey October 31, 2018. REUTERS/Osman Orsal - RC1D19130020

Turkish paper reveals new details on Khashoggi killing

The online journal Haberturk provides more details on recordings inside the Saudi Consulate when Jamal Khashoggi was killed, including quotes from one the man who put on the journalist's clothes in hopes of creating a diversion.