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United Arab Emirates

July 7, 2026

Abu Dhabi 2:18 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.

An aerial view shows port of the western Syrian port city of Latakia, on Dec. 18, 2024.

Analysis

Can a UAE-backed Syria-Iraq corridor become Gulf's next trade route?

On June 26, Emirati and Syrian officials discussed plans for a logistics corridor connecting Syrian ports to Gulf markets via Iraq.

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

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.

Latest News

Oil falls below $71 as US-Iran talks continue, Gulf exports rebound

Crude oil tankers, bulk carriers and vessels sit anchored around Qaboos Port on June 22, 2026, in Muscat, Oman.

Trump earns $810M from UAE-backed crypto firm: What to know

People walk past a cryptocurrency exchange office with a screen featuring US President Donald Trump holding cryptocurrency coins in Hong Kong on March 12, 2025.

United Arab Emirates

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

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Mohammed Soliman

In Washington, DC, reporting on Gulf politics

Security guards stand in front of the United Arab Emirates embassy during its reopening in Damascus, Syria December 27, 2018. REUTERS/Omar Sanadiki - RC1F43BEB420

Gulf states slowly warm to Damascus

Gulf states are turning their backs on supporting armed groups in Syria and preparing to re-engage the government in Damascus.

Netanyahu’s Golan statement ignores new Syria reality

For Prime Minister Benjamin Netanyahu partnering with the far-right and proclaiming sovereignty over the Golan Heights is more important than aspiring to regional alliances with Muslim and Arab countries.

United Arab Emirates

Turkish police forensic experts examine the roof of the residence of Saudi Arabia's Consul General Mohammad al-Otaibi as a part of the Saudi journalist Jamal Khashoggi investigation, in Istanbul, Turkey October 17, 2018. REUTERS/Osman Orsal - RC16743EB6C0

Khashoggi’s murder three months on: new clues, new dynamics?

Unresolved questions linger in the murder of The Washington Post columnist Jamal Khashoggi, but authorities are hoping chilling new footage might provide clues.

Putin’s next act: Syrian-Turkish rapprochement

The Russian president still needs the United States to keep the pace, and the peace, in Syria.

United Arab Emirates

Ali Shamkhani, secretary of the Supreme National Security Council of Iran speaks during the first meeting of national security secretaries of Afghanistan, China, Iran, India and Russia, in the Iranian capital Tehran on September 26, 2018. (Photo by ATTA KENARE / AFP) (Photo credit should read ATTA KENARE/AFP/Getty Images)

After US-Taliban talks, Iran also confirms dialogue

After years of accusations, Iran has confirmed that they have held talks with the Taliban.

Sudan's President Omar al-Bashir walks with officials as he leaves the African Union (AU) summit in Nouakchott, Mauritania, July 2, 2018. Ludovic Marin/Pool via Reuters - RC1D50433000

Iran media on Bashir trip to Syria: Arab states have accepted reality of Assad

Iranian media believe that the Sudanese president's meeting with Bashar al-Assad is a sign that Arab countries are beginning to accept the reality on the ground in Syria.

The Gulf Cooperation Council's (GCC) Leaders are seen ahead of their Summit meeting in Riyadh, Saudi Arabia December 9, 2018. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY - RC1A2BB78CC0

What will 2019 have in store for dysfunctional GCC?

The Gulf Cooperation has essentially been split in, with Qatar, Kuwait and Oman resisting the actions of Saudi Arabia's Mohammed bin Salman and the UAE's Mohammed bin Zayed.

Kuwait's Foreign Minister Sabah Al Khalid Al Sabah gestures during a news conference with Secretary-General of the Gulf Cooperation Council (GCC) Abdullatif bin Rashid Al Zayani, following the annual summit of GCC, in Kuwait City, Kuwait, December 5, 2017. REUTERS/Hamad I Mohammed - RC16BFA38D60

Is the GCC dead?

Although Saudi Arabia has invited Qatar to attend the Gulf Cooperation Council summit Dec. 9, a resolution to the dispute between Doha and its Gulf neighbors seems far off, threatening the entire council with irrelevancy.

Why is Israel forging secret ties with Sudan?

Hamas condemns the current normalization of ties between several Arab countries and Israel, at a time the Israeli media is talking about efforts to stop arms reaching the Gaza Strip through Libya and Sudan.

United Arab Emirates

UAE, Yemen’s Islah Party try to tolerate each other

The Islah Party in Yemen and the United Arab Emirates recognize they have a common enemy, but that doesn't make them friends.

A U.S. Army Terminal High Altitude Area Defense (THAAD) weapon system is seen on Andersen Air Force Base, Guam, October 26, 2017. U.S. Army/Capt. Adan Cazarez/Handout via REUTERS. ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY - RC1F3FF590F0

Intel: Why the US and Saudi Arabia just inked $15 billion missile defense deal

Egypt sends mixed messages on possible thaw with Qatar

Though some officials in Cairo have stated the importance of a stable relationship with Qatar, so far there are no initiatives for reconciliation.