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July 8, 2026

Riyadh 2:52 am

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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

Israeli spyware company accused of hacking activists hires lobby firm

Q Cyber Technologies has been sued by Facebook and WhatsApp and is accused of helping Saudi Arabia spy on murdered journalist Jamal Khashoggi.

U.S. President Donald Trump holds a bilateral meeting with Pakistan's Prime Minister Imran Khan on the sidelines of the annual United Nations General Assembly meeting in New York City, New York, U.S., September 23, 2019. REUTERS/Jonathan Ernst - RC166DE0F040

Pakistan seeks to mitigate US-Iran tensions

Pakistan, wary in part of tensions between Washington and Tehran negatively affecting the reconciliation process in Afghanistan, has offered to mediate between the United States and Iran after the recent round of violence between them.

Saudi defence ministry spokesman Colonel Turki Al-Malik displays remains of the missiles which Saudi government says were used to attack an Aramco oil facility, during a news conference in Riyadh, Saudi Arabia September 18, 2019. REUTERS/Hamad I Mohammed - RC152BBF8970

Intel: How a new report bolsters US case that Iran attacked Saudi Arabia

A confidential United Nations report rebutted claims from Yemen’s Iran-backed Houthi rebels that they were responsible for a missile attack on two Saudi oil facilities in September.

Saudi-led attacks on civilians threaten fragile Yemen truce

Escalation seems to be looming in Yemen in the wake of numerous artillery shellings of a local market, despite a supposed truce between Houthi rebels and the Saudi-led coalition.

Yemen’s warring parties conflicted over Soleimani’s killing

Yemen’s warring parties had differing reactions to the killing of Qasem Soleimani, pointing to Yemen's deepening sectarian schism.

U.S. Secretary of State Mike Pompeo takes questions during a news conference in the Press Briefing Room at the State Department in Washington, U.S., January 7, 2020. REUTERS/Tom Brenner - RC24BE9BAMTN

Pompeo mocks claim Soleimani was part of Iraq-brokered Iran-Saudi indirect talks

The US secretary of state discounted the Iraqi prime minister's claim that on the day Iranian commander Qasem Soleimani was killed in Baghdad, he was going to pass on an Iranian message as part of indirect Iranian-Saudi communications.

Internally displaced people gather to collect food aid from an ICRC aid distribution centre in Bajil, Yemen December 13, 2018, 2018. Picture taken December 13, 2018. REUTERS/Abduljabbar Zeyad - RC14633000A0

Oman’s humanitarian aid to Yemen also pragmatic

Providing assistance to Yemenis requires Oman to maintain a low profile and strike a political balance with its giant neighbor to the northwest, Saudi Arabia.

Yemen's warring parties attend a new round of talks to discuss a prisoners swap deal, in Amman, Jordan February 5, 2019. REUTERS/Muhammad Hamed - RC15EF0102D0

Yemeni local tribal mediation succeeds in releasing 135 prisoners

Hopes rise for a tribal role to be played in negotiating a cease-fire in Yemen, after local mediation succeeded in achieving several prisoner swap deals between the warring sides.

The Committee to Protect Journalists and other press freedom activists hold a candlelight vigil in front of the Saudi Embassy to mark the anniversary of the killing of journalist Jamal Khashoggi at the kingdom's consulate in Istanbul, Wednesday evening in Washington, U.S., October 2, 2019. REUTERS/Sarah Silbiger. - RC16BA3B3F60

Intel: Saudi court hands out death sentences in Khashoggi killing

A Saudi court handed down death sentences today to five people linked to the 2018 slaying of journalist Jamal Khashoggi, while others will serve long jail sentences or be acquitted.

Potential oil spill disaster looms off Yemen's coast, but who’s to blame?

Calls are rising to separate the politics of the military conflict in Yemen from the issue of an abandoned oil tanker in the Red Sea, in light of a looming ecological disaster that could affect the entire region.

U.S. Sen. Jeff Merkley (D-OR) speaks during a U.S. Senate Committee on Environment and Public Works meeting on Capitol Hill in Washington, U.S. February 7, 2018. REUTERS/Eric Thayer - RC1FD9326580

Intel: How Congress is putting Saudi fugitives on notice

Congress is forcing the Donald Trump administration to disclose Riyadh’s alleged role in whisking Saudi fugitives out of the United States, some of whom are wanted for charges as severe as manslaughter, rape and possession of child pornography.

Hamas Chief Ismail Haniyeh attends a meeting with members of international media at his office in Gaza City June 20, 2019. REUTERS/Mohammed Salem - RC1BDF2E2180

How Malaysia is becoming Hamas' gateway to Asia

Hamas will participate in Malaysia’s Islamic Summit, another indication of the growing ties between the two.