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July 7, 2026

Riyadh 11:33 pm

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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

Houthi followers shout slogans as they take part in their gathering in Sanaa, Yemen February 19, 2020. REUTERS/Khaled Abdullah - RC2M3F9UAPQ2

Yemen's Houthis advance in Marib, Saudi border areas

The Houthis have taken over much of al-Jawf and Marib provinces and secured their main stronghold in Saada, expanding the Saudi border areas they control and gaining a short military path toward the source of wealth in Marib.

Flames emerge from flare stacks at Nahr Bin Umar oil field, as a man is seen wearing a protective face mask, following the outbreak of the coronavirus, north of Basra, Iraq March 9, 2020. REUTERS/Essam Al-Sudani - RC2IGF9A1IYO

Mideast oil producers brace for impact of price slide

The global coronavirus outbreak and falling oil prices could spell a massive economic slowdown for oil-producing countries in the Middle East.

Does Moscow’s withdrawal from OPEC-plus deal end Russia-Saudi honeymoon?

Russia’s decision to break off from the Saudis in the OPEC-plus agreement has some merits.

Why women in the Middle East find little to celebrate on March 8

From Beirut to Khartoum, women in the Middle East held demonstrations calling for the elimination of discriminatory laws and improvement of their situation.

A Russian worker walks past the Bushehr nuclear power plant, 1,200 km (746 miles) south of Tehran October 26, 2010. Iran has begun loading fuel into the core of its first nuclear power plant on Tuesday, one of the last steps to realising its stated goal of becoming a peaceful nuclear power, state-run Press TV reported on Tuesday. REUTERS/Mehr News Agency/Majid Asgaripour (IRAN - Tags: POLITICS ENERGY IMAGES OF THE DAY) - GM1E6AQ1FIY01

UAE offers regional road map to deal with Iran

Policies on coronavirus, nuclear issues may help recast regional security discussions, complement US policies.

Members of the civil defense team spray disinfectant to sanitize surrounding of the Kufa mosque, following an outbreak of the coronavirus, in the holy city of Najaf, Iraq February 27, 2020. Picture taken February 27, 2020. REUTERS/Alaa al-Marjani - RC2RDF9QBKYW

Have Iraqi religious centers contributed to the spread of coronavirus?

With the increase in the number of coronavirus victims in Iraq, the role of religious centers in curbing the spread of COVID-19 has come under scrutiny.

Travellers wear masks as they arrive at the Dubai International Airport, after the UAE's Ministry of Health and Community Prevention confirmed the country's first case of coronavirus, in Dubai, United Arab Emirates January 29, 2020. REUTERS/Christopher Pike - RC2LPE9ORR0A

Iran’s coronavirus has no politics and can’t be contained

UAE, Gulf take proactive steps to get ahead of outbreak, but region is already paying a heavy price.

Hatice Cengiz, slain Washington Post columnist Jamal Khashoggi's fiancee, stands alongside US Senator Ron Wyden, Democrat of Oregon, during a press conference calling for the Trump administration to release details about his killing, on Capitol Hill in Washington, DC, March 3, 2020. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)

Intel: Congress tries to force Trump to declassify report on Khashoggi murder

A bipartisan group of lawmakers is crying foul over the Donald Trump administration’s refusal to publicly disclose a list of every Saudi official complicit in the 2018 murder of Washington Post journalist Jamal Khashoggi.

Saudi travel ban slams Egypt's religious tourism industry

Seeking to curb the rapidly spreading novel coronavirus, Saudi Arabia has temporarily suspended tourism to its holy sites to the detriment of Egypt's travel industry as the pilgrimage season approaches.

Yemen’s Hadi hopes new governor calms Mahra tensions

In the wake of clashes between Saudi forces and local tribesmen in Mahra province, Yemen’s president appointed a new governor in the hope of preventing further violence.

Russian President Vladimir Putin and Saudi Arabia's King Salman attend a welcome ceremony in Riyadh, Saudi Arabia, October 14, 2019. Alexander Zemlianichenko/Pool via REUTERS - RC14582F97E0

Russia explores way to draw UAE, Saudi Arabia to its Syria policies

As relations with Turkey stall, Moscow seeks ways to engage with the Saudis and Emiratis to have them back in the Syrian game.

Yemen's warring sides agree to swap over 1,400 detainees

As several signed agreements by Yemeni warring sides still stumble, it's hard to predict if this major swap will be implemented amid rising tension in the wake of the downing of a Tornado jet in north Yemen.