United Arab Emirates - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012

UAE cover image

United Arab Emirates

July 7, 2026

Abu Dhabi 5:46 am

33°C

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

People check damage at the site of an air strike in Amran, Yemen June 25, 2018. REUTERS/Khaled Abdullah - RC1520F24B70

UAE talks up diplomacy as Congress curtails US involvement in Yemen war

Emirati officials are taking to Capitol Hill to say they’re giving the UN-brokered peace in Yemen a shot, but their patience is running out.

A man walks towards the gate of the Red Sea port of Hodeidah, Yemen June 24, 2018. REUTERS/Abduljabbar Zeyad - RC1869894F80

Top Democrats urge Gulf to drop demand for Houthi surrender in Yemen

Some of the House’s most hawkish Democratic leaders rebuked Saudi Arabia and the United Arab Emirates over their offensive on the key port of Hodeidah.

Is the GCC dead?

The Gulf Cooperation Council is broken and may not be fixable.

Does latest Gulf aid to Jordan come with strings?

Analysts wonder whether a Gulf aid package to help Jordan deal with its current economic crisis is in fact an attempt to pressure the kingdom into accepting the Israeli-Palestinian peace plan being developed by the United States.

Workers inspect damage at the site of an air strike on the maintenance hub at the Hodeida port, Yemen May 27, 2018. REUTERS/Abduljabbar Zeyad - RC1CB0640040

Congress seeks to hamstring US support for assault on Yemen port

The Trump administration denies supporting the UAE’s offensive on Hodeidah, but lawmakers are skeptical.

Smoke rises from a warehouse of the World Food Programme as fire engulfs it in Hodeida, Yemen March 31, 2018. REUTERS/Abduljabbar Zeyad - RC1F6A979000

US gives 'yellow light' to UAE assault on Yemen port

A top United Arab Emirates official urged the international community to pressure the Houthi rebels to withdraw from the key Yemeni port city.

Saudi Arabia bails out Jordan

In light of Jordan's latest protests that toppled the prime minister, Saudi Arabia initiated a summit June 10 where a $2.5 billion five-year aid program was agreed on to help the Hashemite Kingdom regain a position of stability in the region.

Workers inspect damage at the site of an air strike on the maintenance hub at the Hodeida port, Yemen May 27, 2018. REUTERS/Abduljabbar Zeyad - RC174C049830

US loses leverage to stop Yemen operation

Congress is calling on the Pentagon to try to prevent a UAE-backed attack against Yemen’s largest Houthi-held port, but analysts said it’s unclear whether the United States has much leverage.

A view of damage on a street where Houthis have recently clashed with forces loyal to slain Yemeni former president Ali Abdullah Saleh in Sanaa, Yemen December 6, 2017. REUTERS/Khaled Abdullah - RC1476393DB0

Congress seeks to insulate Oman from Yemen instability

As the 3-year-old proxy war between Saudi Arabia and Iran continues to destabilize Yemen, Congress seeks to shore up security in neighboring Oman.

Russian President Vladimir Putin (2nd R) and Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed al-Nahyan (2nd L) of the United Arab Emirates attend a signing ceremony following the talks at the Kremlin in Moscow, Russia June 1, 2018. Pavel Golovkin/Pool via REUTERS - RC1E233474A0

UAE, Russia leaders affirm common ground in Moscow meeting

The crown prince of the United Arab Emirates visited Russia last week for the seventh time in five years, meeting with President Vladimir Putin to discuss many areas in which they agreed to collaborate.

United Arab Emirates

Firefighters try to extinguish a fire engulfing warehouse of the World Food Programme in Hodeida, Yemen March 31, 2018. REUTERS/Abduljabbar Zeyad - RC141A5A1C40

Concern mounts as coalition forces advance on key Yemeni port

Has the United States lifted its “red light” on an Emirati- and Saudi-backed military operation to take the key Yemeni port?

Kuwait's Emir Sabah Al-Ahmad Al-Jaber Al-Sabah (L) and U.S. President Donald Trump hold a news conference after their meetings at the White House in Washington, U.S. September 7, 2017. REUTERS/Jonathan Ernst - RC182A22B640

Kuwait's careful balancing act with Iran, Saudi Arabia

The muted responses to the US withdrawal from the Iran deal among smaller Gulf Cooperation Council member states reflect careful policies designed to balance ties with Iran and Saudi Arabia.