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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

Saudi Foreign Minister Prince Saud al-Faisal bin Abdulaziz (R) is greeted by an officer upon his arrival to attend the 130th meeting of the Foreign Ministers of the Gulf Cooperation Council (GCC) in Riyadh on March 4, 2014. AFP PHOTO / FAYEZ NURELDINE (Photo credit should read FAYEZ NURELDINE/AFP/Getty Images)

Saudi-Qatar tensions divide GCC

The announcement by Saudi Arabia, Bahrain and the United Arab Emirates that they are withdrawing their ambassadors to Qatar is a further sign of the deterioration in Saudi-Qatar ties and the fragmentation of the Gulf Cooperation Council.

A protester holds up a picture of Sheikh Nimr al-Nimr during a rally at the coastal town of Qatif, against Sheikh Nimr's arrest July 8, 2012. Sheikh Nimr, a prominent Shi'ite Muslim cleric who was wanted by the police, was detained in Saudi Arabia's Eastern Province on Sunday over calls for more rights for the minority Muslim sect in the Sunni monarchy, his brother and an activist said. REUTERS/Stringer (SAUDI ARABIA - Tags: CIVIL UNREST RELIGION POLITICS) - RTR34QU8

The Iran Saudi relationship PERSIAN ONLY

TO GO WITH AFP STORY BY ASAAD ABBOUD
A Saudi man prepares to login into his Twitter account on his laptop on October 6, 2013 at his office in Riyadh. Despite sitting on the world's largest wealth of oil, Saudis complain their salaries are not enough to make ends meet, and have taken to Twitter demanding better income. AFP PHOTO/FAYEZ NURELDINE (Photo credit should read FAYEZ NURELDINE/AFP/Getty Images)

Gulf atheism in the age of social media

The Arabian Peninsula is widely known for its strict observance of Islam, but a rising number of Gulf nationals are starting to distance themselves from religious practice.

U.S. Secretary of State John Kerry (L) and Saudi Arabia's King Abdullah bin Abdulaziz al-Saud talk before a meeting at the King's desert encampment in Rawdat al-Khuraim January 5, 2014. REUTERS/Brendan Smialowski/Pool (SAUDI ARABIA - Tags: POLITICS ROYALS) - RTX172WK

US, Saudi still far apart on regional issues

Saudi Arabia and the United States have competing visions for the future of the Middle East, with Saudi regional policy deeply rooted in its own domestic concerns.

A policeman watches as a bus, destroyed in an earlier explosion, is towed away in Volgograd December 30, 2013. A bomb ripped apart a bus in Volgograd on Monday, killing 14 people in the second deadly attack blamed on suicide bombers in the southern Russian city in 24 hours and raising fears of Islamist attacks on the Winter Olympics. REUTERS/Sergei Karpov (RUSSIA - Tags: CIVIL UNREST CRIME LAW DISASTER TRANSPORT) - RTX16XGD

Russia deals with rise in terrorism linked to Syria, Mideast

Fresh terror attacks have made Russia more concerned about the threat of Islamic terrorism and have shaped the country's policy in the Middle East.

People arrive for a meeting between the King of Saudi Arabia Abdullah bin Abdulaziz al-Saud and U.S. Secretary of State John Kerry in Rawdat al-Khuraim January 5, 2014. REUTERS/Pool/Brendan Smialowski (SAUDI ARABIA - Tags: POLITICS) - RTX172YX

Saudi Arabia plans to pitch Obama for regime change in Syria

Saudi Arabia has recently taken steps to discourage its nationals from joining jihadist forces in Syria, as it plans an appeal to US President Barack Obama to become more engaged in Saudi-backed efforts to overthrow Syrian President Bashar al-Assad.

Visitors look at books during the Riyadh Book Fair at the International Exhibition Center in Riyadh, March 7, 2013. REUTERS/Susan Baaghil (SAUDI ARABIA - Tags: SOCIETY) - RTR3EOPA

New Saudi writers offer form of Islamic liberation theology

A new generation of Saudi writers is blending Islam and global values for freedom and dignity in calling for reform.

Syria's Foreign Minister Walid al-Moualem listens to EU foreign policy chief Catherine Ashton (R) as they wait for lunch during a break in the Geneva-2 peace talks in Montreux January 22, 2014. Syria's government and opposition, meeting for the first time, angrily spelled out their mutual hostility on Wednesday at a U.N. peace conference where world powers also offered sharply divergent views on forcing out Bashar al-Assad. REUTERS/Arnd Wiegmann (SWITZERLAND - Tags: CIVIL UNREST POLITICS CONFLICT) - RTX17PZ

Moallem: Aleppo proposal a response to Kerry's call for local cease-fires

In an exclusive interview with Al-Monitor, Syrian Deputy Prime Minister and Minister of Foreign Affairs and Expatriates Walid Moallem said he proposed a plan for ending military operations in Aleppo last week in response to US Secretary of State John Kerry's appeal for a cease-fire there.

Iraq's Vice-President Adil Abdul-Mahdi speaks to reporters at the King Hussein Convention Centre during the World Economic Forum on the Middle East at the Dead Sea May 16, 2009. Hundreds of the world's businessmen gathered on the Jordanian side of the Dead Sea to discuss social and political reforms in the world. REUTERS/Ali Jarekji (JORDAN POLITICS) - RTXHOKM

Former Iraq VP: Terrorism, political conflict behind Anbar crisis

In an exclusive interview with Al-Monitor, former Iraqi Vice President Adil Abdul-Mahdi speaks about the Anbar crisis, Iranian influence in Iraq and his expectations for the upcoming elections.

US Deputy Secretary of State William J. Burns listens during a press conference at the US Department of the Treasury July 11, 2013 in Washington, DC. Officials from the United States and China are meeting to discus the two world powers' relationships during the 5th United States and China Strategic and Economic Dialogue. AFP PHOTO/Brendan SMIALOWSKI (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)

Burns to Al-Monitor: 'No illusions' about nuclear diplomacy with Iran

In an exclusive interview, Deputy Secretary of State William Burns discusses leading the US back channel to Iran, the upcoming Geneva II conference on Syria, the role of secret diplomacy and 32 years in the US foreign service.

Iran's Foreign Minister Mohammad Javad Zarif (L) attends a joint conference with Lebanon's caretaker Foreign Minister Adnan Mansour in Beirut January 13, 2014. REUTERS/Mohamed Azakir (LEBANON - Tags: POLITICS) - RTX17CRS

Zarif trip to Lebanon includes signal to Saudi Arabia

Iran and Hezbollah's abrupt change toward the formation of a Lebanese government might be part of a regional settlement.

Ahmad Jarba, leader of Syria's opposition National Coalition (L-R), French Foreign Affairs Minister Laurent Fabius, German Foreign Minister Frank-Walter Steinmeier, Egypt's Foreign Minister Nabil Fahmy and U.S. Secretary of State John Kerry attend a news conference at the French foreign ministry during a "Friends of Syria" meeting ahead of Geneva II peace talks, in Paris, January 12, 2014. The "Friends of Syria", an alliance of mainly Western and Gulf Arab countries who oppose Syrian President Bashar al-As

The new pulse of Geneva II

The trend in the Geneva II process shifts to cooperation on humanitarian and counterterrorism issues; Erdogan under fire in Turkey.