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May 10, 2026

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Why UAE's decision to leave OPEC is major shift for cartel

The UAE accounts for 12% of OPEC's output, but tensions had been simmering over intragroup rivalries and the country wanting to export more oil.

United Arab Emirates

A liquefied natural gas (LNG) tanker is moored at a LNG berth in Kawasaki, Kanagawa, prefecture April 8, 2026.

IEA delivers grim gas supply forecast as oil notches 15% weekly rise

A wave of new LNG supplies will be delayed for at least two years due to war-related damage to Qatari energy infrastructure, according the International Energy Agency's latest market update.

Latest News

Analysis

Gulf energy deals face Iran war stress test as global expansion meets oil shock

A picture shows the Ras Laffan Industrial City, Qatar's principal site for production of liquefied natural gas and gas-to-liquid, administrated by Qatar Petroleum, some 80 kilometers (50 miles) north of the capital Doha, on Feb. 6, 2017.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Saudi stocks hit 2026 high, bucking global war-driven volatility

FAYEZ NURELDINE/AFP via Getty Images

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Karen Young

In Washington, DC, reporting on regional energy

Reve Chaaban

In Doha reporting on culture

A man walks through the atrium during the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 14, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

IMF slashes Mideast outlook by nearly 3 points as Iran war hits economies

The International Monetary Fund cut gross domestic product forecasts for the Middle East and North Africa, with the fallout from the conflict exposing stark divergences between the region’s energy exporters and importers.

picture of Qatar Energy's operating facilities on March 3, 2026, in Ras Laffan Industrial City, Qatar.

Analysis

How fast can Gulf energy production rebound after US-Iran ceasefire?

The truce could pave the way for lost oil and LNG supplies to flow back to global markets, but restoring Gulf energy production to normal levels could take months, if not longer.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Gas prices over $6.00 are displayed at a Shell station across from the Marathon Petroleum Corp's Los Angeles Refinery on April 02, 2026, in Carson, California.

EIA hikes 2026 oil price forecasts 22% as Hormuz fuels long-term market fallout

In its latest update, the agency said international benchmark Brent crude is now expected to average $96 per barrel in 2026, up from $79 previously, with higher prices now expected to last through 2027.

AirAsia aircraft with two engines landing on Kota Kinabalu International airport runway, Kota Kinabalu Sabah, Malaysia, March 4, 2017.

AirAsia stays course on Bahrain hub as Iran war clouds aviation growth plans

The low-cost carrier’s commitment, while conditional on how the conflict evolves, stands out as most global airlines scale back routes, delay launches and reroute flights to avoid the Middle East.

Exhaust emits from the engine of a passenger jet as it prepares for take off at Heathrow Airport on March 30, 2006, in London, England.

Jet fuel squeeze exposes Europe’s reliance on Middle East supply

Lawmakers on the continent have been told to make "timely preparations in anticipation of a potentially prolonged disruption" in energy flows from the region.

A trilateral meeting was held today in Jeddah, bringing together His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister King Abdullah II ibn Al Hussein of the Hashemite Kingdom of Jordan, and Amir of the State of Qatar Sheikh Tamim bin Hamad Al Thani, in Jeddah, Saudi Arabia, on March 20, 2026.

Saudi Arabia, Jordan, Qatar to deepen security ties amid Iran war: What to know

Gulf states and Jordan are aligning more closely as Iranian attacks persist.

Golden Pass

QatarEnergy begins LNG production at major US project amid global supply strain

The development paves the way for sustained liquefaction operations and the facility's first cargo, expected in the second quarter of 2026.

United Arab Emirates army helicopters fly from the Burj al Arab hotel (R) toward Burj Khalifa, Dubai, Jan. 16, 2026.

Analysis

Iran war drives Turkey-Gulf defense alignment, but not alliance

Despite accelerated cooperation as a result of the US-Israeli war on Iran, structural and political constraints would make a formal military alliance unlikely.

Barin Kayaoglu

By Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

This picture taken on August 11, 2025, shows the headquarters of the Qatari state-funded news television network Al Jazeera in the capital Doha. (Photo by Karim JAAFAR / AFP) (Photo by KARIM JAAFAR/AFP via Getty Images)

Qatar-based Al Jazeera commentators go dark on social media: What to know

Saeed Ziad, who offered a pro-Iran perspective on the war, has not posted on X in days, and the account of Fatima al-Smadi was deleted, though their exact status is not known.