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July 16, 2026

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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

Mohammed HUWAIS / AFP via Getty Images

Yemen’s Houthis accuse Saudi Arabia of striking Sanaa airport: What to know

The Yemeni government claimed that its armed forces struck the Sanaa International Airport to prevent an Iranian plane from landing, while the Houthis accused the government's ally, Saudi Arabia, of carrying out the strikes.

Latest News

Analysis

Saudi-UAE payment blocks could imperil billions in trade: What to know

A man crosses a street while returning home from work, in Dubai on June 23, 2026. (Photo by FADEL SENNA / AFP via Getty Images)

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Analysis

Carney bets on Saudi Arabia to help reduce dependence on US: What to know

Canada's Mark Carney (L) and Saudi Arabia's Crown Prince Mohammed bin Salman (R) met on the heels of the NATO summit in Riyadh on July 9, 2026.

Adam Lucente

By Adam Lucente

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

How Iran war could impact oil markets in 2027

Igor IVANKO / AFP via Getty Images

Oil prices ease as OPEC+ increases production, Hormuz traffic rebounds

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

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

An illustration picture shows the log-on icon for the Website Twitter on an Ipad in Bordeaux, Southwestern France, January 30, 2013. REUTERS/Regis Duvignau (FRANCE - Tags: SCIENCE TECHNOLOGY BUSINESS) - RTR3D6NN

Saudi Arabia cracks down on Twitter

The Kingdom of Saudi Arabia has turned its attention to political dissent on Twitter.

Palestinians Hamas supporters take part in a protest in front of the Egyptian embassy in Gaza March 7, 2014, against a recent rule by Egyptian court which banned all the activities of Hamas movement in Egypt. An Egyptian court on March 4, 2014 banned all activities of Hamas in Egypt in a further sign that Cairo's military-backed government aims to squeeze the Palestinian Islamist group that rules neighbouring Gaza, regarding it as a security threat. REUTERS/Mohammed Salem (GAZA - Tags: POLITICS CIVIL UNREST

Hamas seeks to retain Saudi ties despite Brotherhood ban

Hamas is hoping to escape the anti-Brotherhood wave sweeping the Gulf and is trying to stay on good terms with Saudi Arabia.

People attend a rally called "We are together" to support the annexation of Ukraine's Crimea to Russia in Red Square in central Moscow, March 18, 2014. Russian President Vladimir Putin, defying Ukrainian protests and Western sanctions, signed a treaty on Tuesday making Crimea part of Russia but said he did not plan to seize any other regions of Ukraine. The flags display portraits of Russia's President Vladimir Putin and read "We are together!" REUTERS/Maxim Shemetov (RUSSIA - Tags: POLITICS TPX IMAGES OF T

US-Russia confrontation could drift to Mideast

The question is whether Iran, Egypt, or Saudi Arabia, in particular, will change their policies in the context of the US-Russia standoff.

A general view shows Dubai's cityscape September 24, 2013. Dubai's government is working on new rules to protect its real estate market and prevent any excessive rise of property prices that could end in a crash, a senior official said on Tuesday. REUTERS/Ahmed Jadallah (UNITED ARAB EMIRATES - Tags: REAL ESTATE BUSINESS CITYSCAPE) - RTX13Y0C

Al-Monitor launches Gulf Pulse

With the launch of its Gulf Pulse, Al-Monitor is expanding its coverage of the region.

Iraqi Prime Minister Nouri al-Maliki speaks at the opening day of a counter-terrorism conference in Baghdad, March 12, 2014. REUTERS/Karim Kadim/Pool (IRAQ - Tags: POLITICS CIVIL UNREST) - RTR3GRM5

Baghdad holds international anti-terrorism conference

According to the conference organizers, Saudi Arabia and Qatar were invited, but didn’t attend, despite Prime Minister Nouri al-Maliki's accusing of them of supporting terrorism.

Egyptian expatriates living in Qatar wait for their turns to vote at a polling station at the Egyptian embassy in Doha May 12, 2012, during an early voting ahead of Egypt's presidential election. Egypt's presidential election, set to be the freest it has ever had, began for citizens abroad on Friday after a caustic televised debate between two candidates that produced no clear favourite to lead the most populous Arab nation. With no obvious winner for now, the fewer than 1 million expatriates registered to

Egypt fears backlash if it cuts ties with Qatar

Egypt is hesitating to join the Gulf Cooperation Council (GCC) and cut ties with Qatar, because the government fears the repercussions such a step would have for the many Egyptians working in Qatar.

Egypt's Foreign Minister Nabil Fahmy (L) speaks with Army chief Field Marshal Abdel Fattah al-Sisi (R) during their meeting with Russian President Vladimir Putin at the Novo-Ogaryovo state residence outside Moscow, February 13, 2014. REUTERS/Maxim Shemetov (RUSSIA - Tags: POLITICS MILITARY) - RTX18QBK

Egypt caught between Russia, Saudi Arabia

Egypt is struggling to find a way to leverage its ties with both Russia and Saudi Arabia to its own advantage.

A damaged armoured carrier that belonged to forces loyal to president Bashar al-Assad are seen along a deserted street in Homs March 8, 2014 REUTERS/Thaer Al Khalidiya (SYRIA - Tags: POLITICS CIVIL UNREST CONFLICT) - RTR3G99W

Watch Trendlines “Blowback?: Ukraine and the Middle East"

The next PBS NewsHour-Al-Monitor web special will focus on the implications of the crisis in Ukraine for US policy in the Middle East.

What next for Qatar and the GCC?

Following the decision by Saudi Arabia, Bahrain and the United Arab Emirates to withdraw their ambassadors from Qatar, will Doha reassess its foreign policy to ensure it can continue playing the vital role of mediator in thorny regional issues?

Saudi Foreign Minister Saud al Faisal (L) talks with Qatar Foreign Minister Khalid Al Attiya following their meeting with U.S. Secretary of State John Kerry and members of the Arab Peace Initiative at the United States Embassy in Paris, September 8, 2013. REUTERS/Susan Walsh/Pool (FRANCE - Tags: POLITICS) - RTX13CWG

Saudi-Qatar divide means reset for GCC

Saudi Arabia and Qatar have different ideas about what constitutes internal and external threats to the Gulf region, making their partnership within the Gulf Cooperation Council difficult.

Turkey's Prime Minister Tayyip Erdogan (C) cuts the ribbon during the opening ceremony of the new building of the Turkish Embassy in Doha December 4, 2013. REUTERS/Mohammed Dabbous (QATAR - Tags: POLITICS) - RTX163G5

GCC rift another blow to Erdogan’s Mideast policies

Turkey is increasingly isolated in the region, more so as Qatar is on the outs with other members of the Gulf Cooperation Council.

The Blue Nile flows into Ethiopia's Great Renaissance Dam in Guba Woreda, some 40 km (25 miles) from Ethiopia's border with Sudan, June 28, 2013. Egypt fears the $4.7 billion dam, that the Horn of Africa nation is building on the Nile, will reduce a water supply vital for its 84 million people, who mostly live in the Nile valley and delta. Picture taken June 28, 2013. REUTERS/Tiksa Negeri (ETHIOPIA - Tags: POLITICS SOCIETY ENERGY ENVIRONMENT) - RTX115K7

Egypt seeks Saudi help on Ethiopia water dispute

Egypt has turned to Saudi Arabia to help pressure Ethiopia into compromising on the Renaissance Dam, which Cairo fears will cut off vital water supplies from the Nile River.