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United Arab Emirates

July 7, 2026

Abu Dhabi 12:59 pm

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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

Stakes high for Kuwait as mediator in Qatar crisis

Kuwait has established its neutrality in the Qatari crisis, but it has a lot at stake.

Turkish President Tayyip Erdogan (L) welcomes his Iranian counterpart Hassan Rouhani during the Organisation of Islamic Cooperation (OIC) Istanbul Summit in Istanbul, Turkey April 14, 2016. REUTERS/Berk Ozkan/Pool TPX IMAGES OF THE DAY - RTX29X07

Saudi-led Qatar blockade brings Iran, Turkey together

Rather than forcing Doha to bow to its demands, the Saudi-led blockade of Qatar has split the region in two, bringing together the kingdom’s rivals.

Forces loyal to Syria's President Bashar al-Assad take positions in the Badia, in the southeast Syrian desert, in this handout picture provided by SANA on June 13, 2017, Syria. SANA/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. REUTERS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS IMAGE. - RTS16TU2

Iran draws line in the sand in Syrian desert

Iran stakes claim in eastern Syria; Saudi move against Hamas; Qatar risks confrontation in the Gaza Strip.

Tunisia's President Beji Caid Essebsi (R), Qatar's Emir Sheikh Tamim bin Hamad Al-Thani (C) and President of the Assembly of People's Representatives Mohamed Ennaceur attend the opening of international investment conference Tunisia 2020, in Tunis, Tunisia November 29, 2016. REUTERS/Zoubeir Souissi - RTSTT1D

Tunisia can only afford neutrality in Qatar crisis

Tunisia has officially remained neutral in the Qatari-Gulf crisis given its economic relations with the two main parties involved.

Saudi Arabia's King Salman bin Abdulaziz Al Saud (R) receives Iraqi Prime Minister Haider al-Abadi in Jeddah, Saudi Arabia, June 19, 2017. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. - RTS17RRQ

Iraq’s PM concludes tightrope regional tour

Iraqi Prime Minister Haider al-Abadi's tour — which spanned Saudi Arabia, Iran and Kuwait — aimed to maintain regional balances amid discussions on post-IS preparations and regional aid to Iraq.

A demonstrator holds a picture of Eastern Libyan military commander Khalifa Haftar during a protest against the Italian government, which according to the protest organizers, supports the Bonyan Marsous forces that are mainly fighters from the city of Misrata, in Benghazi, Libya, February 12, 2017. REUTERS/Esam Omran Al-Fetori - RTSYBAT

Gazans denounce claims Hamas is training extremists in Libya

Accusations by the spokesman of the forces of retired Maj. Gen. Khalifa Hifter that Hamas has provided technical support to some armed groups in Libya are rebutted and mocked by Palestinians amid a lack of evidence of Hamas’ involvement in the North African country.

Gulf-Qatar crisis leaves its mark on sports

Amid the ongoing diplomatic crisis between Qatar and a number of major Arab nations, the Qatari sports channel beIN has been banned in several countries.

Sudanese President Omar al-Bashir watches the joint Sudan and Saudi Arabia air force drill at the Marwa air base, near Meroe some 350 kilometres north of Khartoum, on April 9, 2017.
The drills were aimed at improving the operational capacities of the two air forces, improving techniques related to air operations and promoting cooperation. / AFP PHOTO / ASHRAF SHAZLY (Photo credit should read ASHRAF SHAZLY/AFP/Getty Images)

Qatar-GCC crisis unsettles Sudan

The government in Khartoum is caught in the middle of the bitter dispute between Qatar and the Gulf Cooperation Council.

The pictures of Qatarís Emir Sheikh Tamim Bin Hamad Al-Thani (L) and Turkish President Tayyip Erdogan are seen on a car during a demonstration in support of him in Doha, Qatar June 11, 2017. REUTERS/Naseem Zeitoon - RTS16KYO

Turkey's economic interests dictate balanced stance in Gulf crisis

Through analyzing Gulf investment into Turkey, it is obvious that taking sides in the GCC dispute could have a detrimental effect on Turkey's economy.

A man sits on the rubble of a house of his relatives, destroyed by a Saudi-led air strike in Sanaa, Yemen June 9, 2017. REUTERS/Khaled Abdullah - RTX39RM6

Gulf rift sends tremors through Yemen

The decision by Gulf countries involved in the Yemen war to sever ties with Qatar has created complexities on both sides of the Yemen conflict.

U.S President Donald Trump listens to Turkey's President Recep Tayyip Erdogan as they give statements to reporters in the Roosevelt Room of the White House in Washington, U.S. May 16, 2017. REUTERS/Kevin Lamarque - RTX363JL

Qatar crisis opens gates of anti-Trumpism in Turkey

Pro-government Turks who support Qatar have been hesitant to directly blame Saudi Arabia for the recent intra-GCC rift, preferring instead to scapegoat US intelligence services and President Donald Trump.

A Palestinian man and his son hold a Qatari flag during a rally in support of Qatar, inside Qatari-funded construction project 'Hamad City', in the southern Gaza Strip June 9, 2017. REUTERS/Ibraheem Abu Mustafa - RTX39TEW

Palestinians divided over GCC-Qatar crisis

The Palestinians are divided over the recent announcement by four Arab nations to cut ties with Qatar, as Hamas seems to be worried about its relationship with its main backer in the region.