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October 19, 2026

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shoppers walking through the Tajrish Bazaar, a traditional market in Tehran

Analysis

As Iran’s oil lifeline runs dry, can it outlast Trump's economic siege?

The country's last barrels of crude stockpiled beyond the reach of a US naval blockade fell to zero in October, raising the stakes for Tehran amid mounting economic distress.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

US President Donald Trump speaks at a campaign rally at the Oncenter Convention Center in Syracuse, New York, on Oct. 9, 2026.

Window for diplomacy with Iran may be closing as Trump again threatens Pickaxe Mountain

Israel still wary of Damascus, writes Ben Caspit from Israel; our correspondent in Tehran and Amberin Zaman explain how Iran and Turkey look to exploit Azerbaijan’s headscarf controversy; Qatar’s top diplomat offers energy assistance to Lebanon, Beatrice Farhat reports from Beirut.

Israeli troops stand guard on the dividing line between the Israeli-annexed Golan Heights and Syrian, near Majdal Shams, July 16, 2025.

Analysis

'The problem and the solution': Netanyahu-Sharaa call exposes Israel's Syria dilemma

The Israeli leader revealed that he spoke with the Syrian president last year, but stalled talks and Israel's fortification of a security zone on Syrian land underscore his mistrust of Sharaa.

In Tel Aviv, reporting on national security, Israeli politics, defense

President Donald Trump speaks to reporters before boarding Marine One on the South Lawn of the White House on Oct. 7, 2026 in Washington, DC.

Trump rules out US troops in Iran, leaves Pickaxe Mountain strike on the table

He did not dispute reports that the US military is weighing use of the "mother of all bombs."

Latest News

Israeli president meets FM Wang Yi as reports link China to Iran’s military buildup

Israeli President Isaac Herzog and Chinese Foreign Minister Wang Yi at the the Conference on Interaction and Confidence-Building Measures in Asia, Baku, Azerbaijan, Oct. 15, 2026.

Who is Abdulrahman Alfozan, Saudi national charged in bugging OpenAI meetings?

Abdulrahman Alfozan in an undated photo

Exclusive

In bid to win over Saudi Arabia, Netanyahu may strike Yemen before elections

A giant electoral poster for Israeli Prime Minister Benjamin Netanyahu's Likud party with the slogan "no surrender" is displayed on the facade of a building in Tel Aviv on Sept. 29, 2026

In Tel Aviv, reporting on national security, Israeli politics, defense

Trump offers Iran path to nuclear deal while keeping up military pressure

US President Donald Trump speaks at the "Golden Age of American Innovation Summit" at the Institute of Peace in Washington, DC, on Oct. 8, 2026.

Adam Lucente

News and Business Correspondent

In New York City, reporting on regional news, militancy, climate change

Elizabeth Hagedorn

Diplomatic Correspondent

In Washington, DC, reporting on diplomacy, regional politics, human rights

Jared Szuba

Defense and Security Correspondent

In Washington, DC, reporting on defense, national security, military

Joyce Karam

Editor-in-Chief

Rosaleen Carroll

News Reporter and Supporting Editor

In Washington, DC, US, reporting on the Middle East

Paul J. Saunders

In Washington, DC, reporting on Russia in the Middle East

A destroyed house is seen at a site which the Houthi-led authorities say was hit by a Saudi-led air strike at the old quarter Sanaa, Yemen September 27, 2019. REUTERS/Mohamed al-Sayaghi - RC14219730A0

Will Iran back UN-Saudi initiative for cease-fire in Yemen?

For Saudi Arabia and the Gulf, Yemen is too big to fail; for Iran, it’s a penny stock investment to keep the kingdom bogged down in a quagmire.

A volunteer from Basij forces wearing a protective suit and face mask sprays disinfectant as he sanitizes a bus station, amid the coronavirus disease (COVID-19) fears, in Tehran, Iran April 3, 2020. WANA (West Asia News Agency)/Ali Khara via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY - RC2YWF9E0PWW

Khamenei blames Western culture, atheism for coronavirus response failings

In a rare speech, Iran’s Supreme Leader Ayatollah Ali Khamenei criticized the West for its poor response to the outbreak of the novel coronavirus, as cases continue to grow in Iran.

The United States Secretary of State Mike Pompeo meets Israeli Prime Minister Benjamin Netanyahu in Lisbon Portugal, December 4, 2019. Patricia de Melo Moreira/Pool via REUTERS - RC2JOD90E3QR

Intel: Pompeo, Netanyahu talk coronavirus on Passover

Secretary of State Mike Pompeo and Israeli Prime Minister Benjamin Netanyahu chatted by phone on Wednesday, the first day of Passover.

A man wearing a protective face mask, following the outbreak of coronavirus disease (COVID-19), sits at a bus stop in Qom, Iran March 24, 2020. Picture taken March 24, 2020. WANA (West Asia News Agency) via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY - RC2BWF9JVDZM

COVID-19 pandemic intensifies Iran sanctions debate

Iran hawks are doubling down on sanctions amid the COVID-19 pandemic, and Democrats can’t agree on how much relief the United States should give Iran.

The building of the Organization for the Prohibition of Chemical Weapons (OPCW) is pictured in The Hague, Netherlands, October 4, 2018. REUTERS/Piroschka van de Wouw - RC122CAC18C0

Intel: State Department backs up watchdog report on Syria chemical weapons use

The United States agrees with the recent assessment of a global chemical weapons watchdog that found the Syrian regime used banned weapons against its own people, Secretary of State Mike Pompeo said Wednesday.

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. Picture taken November 24, 2019. REUTERS/Angus Mordant - RC23NF9H59Z2

Amid Saudi-Russia price war, US on track to become net oil importer: Report

The coronavirus and the Saudi-Russia oil price war are contributing to a fall in US oil production and the United States is expected to become a net oil importer again in the fall.

Iran's Rouhani pushes for IMF loan, slams US 'medical terrorism'

US points to medical and humanitarian exceptions to sanctions policies, blames Iran's mismanagement of economy.

Intel: Saudis to discuss oil price war with new Republican detractors

Saudi officials will hold a phone call to discuss the kingdom’s record high oil output with two Republican senators that have become the ringleaders in conservative efforts to pressure Riyadh into ending the price war.

Islamic State seeks comeback under cover of coronavirus

Iraqi authorities are worried the Islamic State will rear its head again now that the US-led coalition's anti-terror efforts have been put on hold, in part due to the coronavirus pandemic.

An airline employee walks through Reagan National Airport during the coronavirus disease (COVID-19) outbreak in Washington, U.S., April 5, 2020. REUTERS/Joshua Roberts - RC2KYF955PLJ

‘All hands on deck:’ Middle East embassies inundated with citizens stranded in US

Middle East embassies are overwhelmed with calls from citizens trying to return home as COVID-19 spreads in the United States.

Chairman of the House Armed Forces Committee Adam Smith (D-WA) awaits the arrival of Acting U.S. Secretary of Defense Patrick Shanahan and Chairman of the Joint Chiefs of Staff General Joseph Dunford to testify on the Fiscal Year 2020 National Defense Budget Request from the Department of Defense on Capitol Hill in Washington, U.S., March 26, 2019. REUTERS/Joshua Roberts - RC1BF79E5F30

Intel: Key Democrat says Yemen war restrictions 'on the table' in major defense bill

House Armed Services Chairman Adam Smith, D-Wash., told Al-Monitor today that Democrats are considering renewing last year’s push to cut off US support to the Saudi-led coalition that is fighting Yemen’s Iran-backed Houthi rebels as part of Congress’ annual defense authorization bill.

A woman wears a protective face mask and gloves, amid fear of the coronavirus disease (COVID-19), as she sells the masks in Tajrish square in Tehran, Iran April 2, 2020. WANA (West Asia News Agency)/Ali Khara via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY - RC2DWF9I0AKY

Intel: US comes out against emergency COVID-19 IMF loan for Iran

The United States opposes Iran’s request for a $5 billion emergency loan request from the International Monetary Fund (IMF) to help it cope with the coronavirus pandemic, Al-Monitor has learned.