Iran-Israel conflict

US President Donald Trump shakes hands with Israeli Prime Minister Benjamin Netanyahu during a press conference at his Mar-a-Lago club on Dec. 29, 2025, in Palm Beach, Florida.

Explainer

Why Trump's endorsement may not be enough to secure Netanyahu's victory

Opponents of Prime Minister Benjamin Netanyahu criticized President Donald Trump’s endorsement, though analysts say it is unlikely to significantly affect the outcome of the election.

A vessel transits the Gulf of Oman

Analysis

How much oil can cushion another Middle East supply shock?

Global oil inventories stood at 3.35 billion barrels in October, the lowest level on record since January 2017, according to Kpler.

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

People attend the funeral ceremony of Mahan Setareh, a member of the paramilitary Basij force who was killed in the recent Israeli attacks on June 26, 2025 in Tehran, Iran. A cease-fire between Israel and Iran has brought an end to 12 days of daily aerial attacks that started with Israel's strikes on Iranian military and nuclear sites on June 13. (Photo by Majid Saeedi/Getty Images)

Female commander in Iran's Basij units assassinated: What to know

Violence in the Sistan and Baluchistan province has become a regular occurrence, marked by clashes with armed groups and ambushes on Iranian security forces.

TOPSHOT - Smoke rises from the direction of an energy installation in the Gulf emirate of Fujairah on March 14, 2026. Smoke could be seen rising from the direction of a major UAE energy installation on March 14, in what appeared to be the latest strike targeting the Gulf's petroleum facilities hours after the US struck Iran's Kharg Island. (Photo by AFP via Getty Images) /

Explainer

IMF projects Gulf rebound in 2027. Can energy production keep pace?

Restoring shipping access in the Strait of Hormuz is only part of the recovery, as Gulf producers also need to repair damaged infrastructure to avoid further disruption to production and exports.

Latest News

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

Analysis

Deal or war? Israel fears fallout from Trump’s next move on Iran

GRAND ISLAND, NEBRASKA - OCTOBER 05: U.S. President Donald Trump wraps up an appearance at a campaign rally at Pinnacle Bank Expo Center on the Nebraska State Fairgrounds on October 05, 2026 in Grand Island, Nebraska. Trump is campaigning for incumbent U.S. Sen. Pete Ricketts (R-NE) and Gov. Jim Pillen ahead of the November midterm elections. (Photo by Win McNamee/Getty Images)

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

Riyadh’s skies remain unsettled after deadly Houthi strikes

Cars drive past the gates of King Khalid International Airport in Riyadh on Sept. 19, 2026.

Iraq devalues dinar 13% as Hormuz disruption hits oil revenue

A man walks past a closed foreign exchange office in Baghdad on October 7, 2026. Iraq's central bank devalued the dinar currency against the dollar on October 7, with the country facing a deepening crisis brought on by the Middle East war. (Photo by AHMAD AL-RUBAYE / AFP via Getty Images)

Iranians ride their motorcycles past a deactivated Kheibar Shekan ballistic missile in front of a picture of Iran's Supreme Leader Ayatollah Ali Khamenei in Tehran's Bahrestan Square on September 27, 2025, as part of an exhibit to mark the "Sacred Defense Week" commemorating the 1980-88 Iran-Iraq war. (Photo by ATTA KENARE / AFP) (Photo by ATTA KENARE/AFP via Getty Images)

Jordan intercepts 7 missiles, 6 drones as Iran warns civilians near US bases

The attacks on Jordan, Bahrain and Kuwait come after 13 consecutive nights of US strikes against Iran.

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.

US President Donald Trump (R) and Israeli Prime Minister Benjamin Netanyahu shake hands as they arrive to speak to journalists during a joint press conference at Trump's Mar-a-Lago residence in Palm Beach, Florida, on Dec. 29, 2025.

Israel fears US deal would allow Saudi Arabia to enrich uranium

Israel fears the US-Saudi civilian nuclear deal could pave the way for uranium enrichment not only by the Saudis but also by other countries in the region.

Hegset

Iran war to cost US $37.5B by end of September, Hegseth tells Senate

Pentagon’s conservative estimate includes military pay and "operations and maintenance" costs, but does not factor in damage to military bases in the region.

FILE PHOTO: A satellite view shows tunnel entrances at Pickaxe Mountain, of the Natanz nuclear facility, near Natanz, Iran, June 30, 2026. Vantor/Handout via REUTERS/File Photo

Analysis

Israel draws line on Houthi attacks, hopes for Trump strike on Pickaxe Mountain

From the perspective of the Israeli military and some politicians, the current situation of the US striking at Iran and Israel staying out of the conflict is ideal.

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

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.

In this handout photo provided by the US Navy, Two F/A-18 Super Hornets launch from the flight deck of Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72) in support of Operation Epic Fury on March 3, 2026 in the Mediterranean Sea.

US launches fresh strikes on Iran, reinforces air assets in region: What to know

After weathering five months of airstrikes, the IRGC's strategy to deny the US Air Force safe harbor at runways across the region still shows lethal progress.

Iranian Foreign Minister Abbas Araghchi speaks during a joint press conference with his Iraqi counterpart following a meeting in Baghdad on June 28, 2026.

Iran's Araghchi reveals Turkey's role in thwarting Kurdish offensive

The account offers Tehran's first public confirmation of reports that Ankara intervened to stop armed Iranian Kurdish groups from entering the conflict.

Amir Hossein KHORGOOEI / ISNA / AFP via Getty Images

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

Tensions escalated further after Iran's Islamic Revolutionary Guard Corps vowed on Monday that not a "single drop" of oil or gas would pass through the Strait of Hormuz.

Hussein FALEH / AFP via Getty Images

Chevron, ConocoPhillips advance Iraq's Hormuz alternatives

Oil agreements have been announced or are expected to be signed on Friday, toward the end of Iraqi Prime Minister Ali Al-Zaidi's visit to the United States.

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.

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

On Wednesday, an Israeli official had told Al-Monitor that Netanyahu was planning to travel on Saturday and meet with President Donald Trump next week and attend the memorial service for Sen. Lindsey Graham (R-S.C.).

A ship sails off the coast of Ajman on July 10, 2026.

Interview

Why Strait of Hormuz no longer rattles oil markets as much: IMF

The fund's Middle East director, Jihad Azour, told Al-Monitor that the big Gulf energy producers now have more capacity to absorb the shock.

Jihad Azour

Jihad Azour

Director of the Middle East and Central Asia Department at the International Monetary Fund