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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

U.S. President Donald Trump, flanked by White House senior advisor Jared Kushner, meets with Saudi Arabia's Deputy Crown Prince Mohammed bin Salman at the Ritz Carlton Hotel in Riyadh, Saudi Arabia May 20, 2017. Picture taken May 20, 2017. REUTERS/Jonathan Ernst - RC16ED267CF0

Trump gives MBS a pass on journalist's killing

President Trump's bizarre statement on the murder of Jamal Khashoggi made clear that he would not be holding Crown Prince Mohammed responsible for the journalist's death.

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 - RC1D275A0090

Intel: How White House trumps up US arms sales to Saudi Arabia

Iran turns to pragmatism as Israel woos Oman

While Iran is unlikely to have been happy about Israeli Prime Minister Benjamin Netanyahu’s visit to Oman, it has tried to remain pragmatic in order to prevent tensions with a longstanding Arab friend.

Russian President Vladimir Putin (R) shakes hands with his Turkish counterpart Tayyip Erdogan 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. - RC195773B7D0

Turkey, Russia finish new gas pipeline

Ankara and Moscow have inaugurated a portion of a natural gas pipeline under the Black Sea while the latest Turkish news on murdered Saudi journalist Jamal Khashoggi includes his refusal to send a message to his son.

Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani in Doha is seen during his meeting with Turkish Foreign Minister Mevlut Cavusoglu in Doha, Qatar November 1, 2018. REUTERS/Naseem Zeitoon - RC143AB93710

How Qatar is working to boost its influence in Yemen

Doha balances close relations with Houthi and Islah factions in the Yemen war in order to take advantage of political instability in the country and bolster its influence over the country’s internal affairs.

Sen. Lindsey Graham, R-S.C., defends Judge Brett Kavanaugh during the Senate Judiciary Committee hearing on his nomination be an associate justice of the Supreme Court of the United States, focusing on allegations of sexual assault by Kavanaugh against Christine Blasey Ford in the early 1980s, in Washington, DC, U.S., September 27, 2018. Picture taken September 27, 2018. Tom Williams/Pool via REUTERS - RC1E5B7EC8E0

Intel: How Congress is trying to hold Saudis accountable for Khashoggi’s murder

Muslim pilgrims walk out after the Friday prayer at the Grand mosque ahead of annual Haj pilgrimage in the holy city of Mecca, Saudi Arabia August 17, 2018. REUTERS/Zohra Bensemra - RC1615A76DE0

Millions of Palestinians no longer eligible for Saudi visas

A Saudi decision to deny visas to people holding temporary passports but without national identification numbers means that millions of Palestinian Muslims in Israel, Jordan and Lebanon will not be able to perform religious rites at Islamic holy sites in the kingdom.

Bahrain ducks congressional scrutiny over Yemen war

Sen. Rand Paul, R-Ky., had hoped to send a message to the Saudi coalition in Yemen by holding an arms sale to Bahrain hostage. It didn’t work.

Rep. Eliot Engel (D-NY) speaks during a news conference discussing Russian sanctions on Capitol Hill February 15, 2017 in Washington, DC.
A cloud of intrigue over ties with Moscow has hovered over President Donald Trump since US intelligence alleged the Russian government interfered with the presidential election last year against his opponent Hillary Clinton. On Monday, Trump's national security adviser Michael Flynn was forced to resign over his private conversations with a Russian diplomat, and on Wedn

Intel: Why Congress isn’t satisfied with Trump’s latest Saudi sanctions

A Saudi flag flutters atop Saudi Arabia's consulate in Istanbul, Turkey October 20, 2018. REUTERS/Huseyin Aldemir - RC14ECA7C770

Intel: Why the US is now sanctioning 17 Saudis over Khashoggi killing

Saudi public prosecutor Saud Al Mojeb leaves from Saudi Arabia's consulate in Istanbul, Turkey October 30, 2018. REUTERS/Kemal Aslan - RC1209516940

Riyadh seeks death penalties in Khashoggi killing as US sanctions Saudis

Saudi Arabia's public prosecutor has announced that he will seek the death penalty for five Saudi officials arrested in the murder of journalist Jamal Khashoggi.

Saudi Arabia faces mounting calls to end war in Yemen

The recent killing of journalist Jamal Khashoggi has cast a shadow over Saudi Arabia's standing with Western countries, which are now pressuring the kingdom to bring an end to the suffering in Yemen.