Iran-Israel

AMIRHOSSEIN KHORGOOEI / ISNA / AFP via Getty Images

Oil falls 9.5% in steepest drop in months as Iran, US pause attacks

Iran says it is still in control of the Strait of Hormuz and not seeking to resume peace talks with the United States after President Donald Trump halted a two-week bombing campaign.

A man counts Saudi riyal banknotes in the capital, Riyadh, Oct. 3, 2016.

Analysis

How Gulf banks are absorbing Iran war shocks

GCC lenders had a strong hand when the Iran war erupted, affording them resilience to shocks, but risks remain.

In Bristol, reporting on regional business, climate change, AI, tech

A vessel transits the Suez Canal toward the Red Sea amid Houthi attacks on shipping, Nov. 3, 2024.

Oil tops $100 for first time since May after Houthi tanker strikes, Trump threats

The Iran-backed rebels said they had targeted two Saudi tankers, the Encelia and the Layla.

A pickup truck carrying a turret is pictured as fighters supporting the Aden-based and internationally recognized Yemeni government gather along the Red Sea shore in Khokha, in Yemen's western Hodeidah province on July 20, 2026.

Houthis warn shipping firms to avoid Saudi ports or face attack: What to know

The Houthi militia reportedly emailed multiple shipping companies on Tuesday, warning them of the consequences of visiting Saudi ports.

Latest News

Oil tops $90 as Iran warns Hormuz 'will not be safe'

Amir Hossein KHORGOOEI / ISNA / AFP via Getty Images

Chevron, ConocoPhillips advance Iraq's Hormuz alternatives

Hussein FALEH / AFP via Getty Images

Vance says Israeli intelligence had ties to Epstein: What to know

US Vice President JD Vance speaks at the Wisconsin Air National Guard facility at Milwaukee Mitchell International Airport on July 8, 2026, in Milwaukee, Wisconsin.

Israeli PM Netanyahu 'will not travel' to US next week, his office says

Israel's Prime Minister Benjamin Netanyahu attends a cornerstone laying ceremony for the Atarot Heritage Center at an abandon airport in East Jerusalem near the separation wall with the Israeli occupied West Bank city of Ramallah on July 5, 2026.

Lebanese Prime Minister-designate Nawaf Salam (R) shakes hands with Saudi Arabia's Foreign Minister Faisal bin Farhan before their meeting in Beirut on Jan. 23, 2025.

Saudi Arabia lifts 5-year ban on Lebanon imports: What to know

Saudi Arabia had been a main donor for Lebanon before ties strained during Hezbollah’s rising influence in the country.

KHALED DESOUKI/AFP via Getty Images

Suez Canal traffic soars as Hormuz disruptions reroute energy trade

The canal generated $419 million in revenue in April, up 27% year over year.

Motorcyclists ride past a billboard featuring Pakistan's Prime Minister Shehbaz Sharif (C) and Army Chief and Field Marshal Syed Asim Munir (L) in Islamabad on April 20, 2026, ahead of anticipated US-Iran peace talks.

What Lebanon army chief’s visit to Pakistan means

Lebanon’s armed forces commander, Gen. Rodolphe Haykal, met with his Pakistani counterpart, Field Marshal Asim Munir, during his visit to Pakistan that coincided with ongoing negotiations between Iran and the US despite exchanges of fire.

US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu arrive to speak to journalists during a joint press conference at Trump's Mar-a-Lago residence in Palm Beach, Florida, on December 29, 2025. US President Donald Trump hosted Israeli Prime Minister Benjamin Netanyahu in Florida on December 29 for crucial talks on moving to the next stage of the fragile Gaza truce plan.The two leaders also discussed Iran, with Trump saying that if Tehran rebuilt its nuclear facilities the United States wo

Analysis

'We are already hearing the bus': Israeli insiders fear Netanyahu is losing Trump’s backing on Iran

“He couldn’t afford a confrontation with Trump, who was the last asset he had left,” a Netanyahu associate told Al-Monitor, describing the prime minister’s struggle to balance pressure for retaliation against Iran with the need to preserve his alliance with the US president.

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

An old locomotive sits outside the Hejaz rail station in old Damascus on February 23, 2010. The Hejaz railway ran from Damascucs to Medina in Saudi Arabia and was part of the Ottoman railway network. AFP PHOTO/LOUAI BESHARA (Photo credit should read LOUAI BESHARA/AFP via Getty Images)

Explainer

Saudi Arabia, Turkey advance plans to revive historic Hejaz Railway

Turkish and Saudi officials signed agreements as part of a Turkish push to revive the Hejaz Railway linking Turkey to the Gulf through Syria, Jordan and Saudi Arabia.

An Airbus A321 airliner arrives at the Mehrabad international airport during the delivery of the first batch of planes to the Iranian state airline Iran Air in the capital Tehran on Jaunary 12, 2017. - The aircraft arrived as part of an order for 100 other Airbus planes with a list price of around $20 billion (19 billion euros) on December 22, placed after the lifting of international sanctions on the Islamic republic. It will be used for internal flights landed at Tehran's Mehrabad airport. (Photo by ATTA

Israel-Iran escalation grounds flights across parts of Middle East

Iran suspended flights across all airports after Israeli strikes hit the country.

Women walk past buildings destroyed in a joint attack by Israel and the United States on April 6, 2026, in Tehran, Iran.

Peace talks tested but continue after Iran-Israel escalation

President Donald Trump said “final negotiations on ‘peace’ are proceeding,” while Iran said the talks were unfolding “in an atmosphere of deep mistrust.”

Vessels are seen anchored in the Strait of Hormuz, off the port city of Khasab on Oman's northern Musandam Peninsula, on May 17, 2026.

Analysis

Turkey pushes Iraq, Syria trade routes as Hormuz crisis disrupts Gulf shipping

Turkey is using the Hormuz crisis to promote Iraq- and Syria-based Gulf-Europe corridors, but experts say the routes remain too costly, underbuilt and politically fragile to rival maritime shipping.

Barin Kayaoglu

By Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

BOUREIMA HAMA/AFP via Getty Images

Algeria begins work on Trans-Saharan gas pipeline to Europe

Algerian state-owned energy giant Sonatrach will build a section of the pipeline and connect it to an existing system in the southwestern Aoulef region that supplies Europe.

Amjad Kurdo / Middle East Images / AFP via Getty Images

Explainer

How Iran war created unexpected economic beneficiaries

The Strait of Hormuz crisis is reshaping global energy and trade flows, creating opportunities for economies far beyond the Middle East.

Tankers are seen at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in the Sharjah Emirate, along the Strait of Hormuz, a waterway through which one-fifth of global oil output passes on June 23, 2025.

UAE eyes first multifuel pipeline as Hormuz crisis drags on

State-owned Abu Dhabi National Oil Company is considering building a refined oil products pipeline that bypasses the Strait of Hormuz.

United Arab Emirates

People stand in front of the Arrow 3 shield system during an event of the German Air Force to declare the Initial Operating Capability for the Arrow Weapon System for Germany at the Annaburger Heide Air Base in Schoenewalde / Holzdorf, eastern Germany, on Dec. 3, 2025.

Record Israeli arms exports highlight global rush for air defense

Rocket and air defense systems sales accounted for 29% of Israel's defense exports in 2025.