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 10:19 am

34°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

Russian President Vladimir Putin meets with members of a delegation, led by Sheikh Mohammed bin Zayed al-Nahyan, Crown Prince of Abu Dhabi and UAE's deputy commander-in-chief of the armed forces at the Kremlin in Moscow, Russia, March 24, 2016. REUTERS/Mikhail Klimentyev/Sputnik/Kremlin ATTENTION EDITORS - THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. - GF10000358996

Russia seeks closer military-technical cooperation with UAE

Russia is looking to revive its lapsed status as a major weapons supplier to the United Arab Emirates and to develop collaborative technology projects.

United Arab Emirates

Why did Hariri go to Cairo before returning home to Lebanon?

To spare the Middle East another battleground, Cairo played a role in containing the crisis of the resignation of Lebanese Prime Minister Saad Hariri.

A U.S. fighter stands near a military vehicle, north of Raqqa city, Syria November 6, 2016. REUTERS/Rodi Said - S1AEULHHBDAA

Pentagon reports troop surge in Middle East

Newly released Pentagon figures show a surge in US troops deployed across the Middle East this summer.

Houthi followers carry coffins of those killed in a car blast attack on Monday, and a Houthi fighter who was killed during fighting in Yemen's southern port city of Aden, in Sanaa July 22, 2015. Five people were killed in the blast that hit the Moeed mosque in Sanaa, which is used by the Houthis, police sources said. Islamic State's Yemen branch claimed responsibility for the attack, in which seven others were wounded. REUTERS/Khaled Abdullah - GF10000166909

Defeating IS in Yemen

While the Islamic State has faced major defeats in Iraq and Syria, the protracted war in Yemen has provided the terrorist group's branch in that country oxygen to breathe.

White House senior adviser Jared Kushner sits behind U.S. President Donald Trump during a cabinet meeting at the White House in Washington, U.S., November 1, 2017. REUTERS/Kevin Lamarque - RC1D4FEC9240

Has Kushner given Riyadh carte blanche?

Diplomats and military chiefs worry Jared Kushner's peace play could be giving Saudis and Emiratis a sense of entitlement to take overreaching, hard-line actions that could destabilize the region.

Posters depicting Saad al-Hariri, who announced his resignation as Lebanon's prime minister from Saudi Arabia, is seen at airport high way in Beirut, Lebanon November 19, 2017. REUTERS/Jamal Saidi - RC119900A480

Can Lebanon handle truth about Hariri, Saudi Arabia?

Saad Hariri faces his own court of conscience; US-Iran relations revert to axis of evil days.

Iran, Turkey divide Saudi-led bloc

Egyptian President Abdel Fatah al-Sisi is opposed to plans by the other members of the Anti-Terror Quartet to confront Iran and Hezbollah in the Levant, to maintain Lebanon's relatively stable position.

Turkey’s misguided Middle East policy: From Syria, Iraq to the Gulf

Turkey’s misguided foreign policy has increasingly become apparent in three main spheres: Syria, Iraq and the Gulf region.

Shock suspension of Iranian hard-line daily over headline

Kayhan, the mouthpiece of Iran’s hard-liners, has been suspended for two days after a headline suggesting that Yemen’s Houthi movement will attack Dubai.

IRGC commander denies Trump claim on Saudi missile attack

IRGC commander Mohammad Ali Jafari denied that Iran was involved in the Yemeni missile attack on Riyadh.

How new joint US-GCC sanctions will impact Qatar crisis

After Qatar joined Saudi Arabia and the United States in imposing new sanctions on individuals suspected of financing terror groups in Yemen, it will be harder for the GCC states involved in the blockade of Qatar to make their case to Washington.

Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahayan (2nd L), Prime Minister and Vice-President of the United Arab Emirates and ruler of Dubai Sheikh Mohammed bin Rashid al-Maktoum (2nd R), and Sudan's President Omar al-Bashir (R) attend the opening ceremony of the International Defence Exhibition and Conference (IDEX) in Abu Dhabi, United Arab Emirates February 19, 2017. REUTERS/Stringer - RC1101053F70

Can UAE be a bridge between the US, Sudan?

The UAE has persuaded the United States to lift sanctions against Sudan given Sudan’s efforts to counter Iran’s expanding and consolidating regional influence.

United Arab Emirates