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July 24, 2026

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A ship sails off the coast of Ajman on July 10, 2026.

Interview

Why Strait of Hormuz no longer rattles oil markets as much: IMF

The fund's Middle East director, Jihad Azour, told Al-Monitor that the big Gulf energy producers now have more capacity to absorb the shock.

Jihad Azour

Jihad Azour

Director of the Middle East and Central Asia Department at the International Monetary Fund

Latest News

Oil soars more than 6% as Trump rules out Iran deal, threatens more strikes

A cargo ship is pictured off coast of the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in Sharjah Emirate, along the Gulf of Oman on June 28, 2026.

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

Ground crews prepare an Emirates Boeing 777-300ER aircraft, powering one of its engines with a hundred per cent Sustainable Aviation Fuel (SAF), for a demonstration flight at the Dubai International Airport in Dubai, on January 30, 2023. - Emirates said it successfully flew a Boeing 777 powered by sustainable aviation fuel today, as the Middle East's largest airline aims to halve its jet fuel consumption. The Dubai-based carrier has used sustainable aviation fuel (SAF) since 2017, but said its test flight w

Are GCC states prepared for net zero in aviation?

Kate Dourian

In Dubai, reporting on energy

Taliban Interior Minister Sirajuddin Haqqani (C) kisses the Taliban flag as he reviews the newly recruited Afghan security personnel during their graduation ceremony at the police academy in Kabul on October 5, 2023. (Photo by Wakil KOHSAR / AFP) (Photo by WAKIL KOHSAR/AFP via Getty Images)

What's behind Taliban's decision to attend UN conference in Qatar?

The attendance in and of itself signals progress and the possibility that the international community might find better ways to deal with the de facto rulers in Kabul.

A Qatar Airways plane takes off from Aden Adde International Airport in Mogadishu, Somalia, Feb. 12, 2022.

RwandAir CEO says Qatar Airways could acquire 49% stake in July

For the past five years, Qatar and Rwanda have been working on a deal that would see Qatar Airways take a 49% stake in RwandAir for an undisclosed fee.

Ukraine's president, Volodymyr Zelensky meeting with Qatar's Emir Sheikh Tamim al Thani on June 5, 2024 in Doha

Following Zelenskyy's visit, how can Qatar help Ukraine in Russia mediation?

Ukraine has maintained cordial relations with Qatar, Saudi Arabia and the UAE amid the war with Russia, and the three Gulf states have all sought to play the role of mediator in the conflict.

US Secretary of State Antony Blinken (L) addresses the media prior to a meeting of NATO foreign ministers at the Czernin Palace, in Prague, Czech Republic, on May 31, 2024.

Blinken to return to Middle East in diplomatic blitz to end Gaza war

Washington's top diplomat heads to Israel, Egypt, Jordan and Qatar next week as the Biden administration pressures Hamas and Israel to agree to a last-ditch cease-fire proposal to end the war and defuse a volatile border escalation between Israel and Hezbollah in Lebanon.

Hamas' political bureau chief Ismail Haniyeh addresses supporters during a rally in solidarity with the Palestinians outside Qatar's Imam Muhammad Abdel-Wahhab Mosque in the capital Doha on May 15, 2021. - Qatar's Foreign Minister hosted the political chief of Palestinian Islamist movement Hamas and called for an end to Israel's bombardment of Gaza, state media said. (Photo by KARIM JAAFAR / AFP) (Photo by KARIM JAAFAR/AFP via Getty Images)

In Turkey, Qatar defense chief says no plans to expel Hamas

The Qatari minister’s remarks came in response to increasing reports that the Gulf state is considering shuttering Hamas’ political headquarters in Doha.

YASSER AL-ZAYYAT/AFP via Getty Images

Invest Qatar sees big role for logistics sector, World Cup spurred investments

The Gulf country ranks seventh globally in logistics competence in Agility's Emerging Markets Logistics Index as the Qatar Free Zones Authority brings in top companies in the sector.

FAYEZ NURELDINE/AFP via Getty Images

Qatar National Bank says GCC banks have more liquidity than global rivals

An executive at the Qatari lender said that Gulf countries will have to compete with the rest of the world for billions of dollars in equity to finance infrastructure projects, of which there is a higher demand than supply.

An Austrian soldier guards the entrance to the OPEC headquarters on October 4, 2022 on the eve of the 45th Meeting of the Joint Ministerial Monitoring Committee and the 33rd OPEC and non-OPEC Ministerial Meeting held on October 05, in Vienna, Austria. - The OPEC+ oil cartel will meet in Vienna for the first time since Covid curbs were introduced in 2020. The face-to-face meeting of the 13 OPEC members led by Saudi Arabia and its 10 allied members headed by Russia will be the first in the Austrian capital si

Can OPEC survive the energy transition?

Kate Dourian

In Dubai, reporting on energy

Qatar 'reevaluating' Hamas-Israel mediation role amid mounting criticism

Qatar, alongside the US and Egypt, has mediated talks between Israel and Hamas on a cease-fire in exchange for the release of hostages taken in the militant group’s Oct. 7 attack.

An employee of the Qatar-based news network and TV channel Al Jazeera is seen at the channel's Jerusalem office on July 31, 2017.

Israel’s Netanyahu vows to shut Al Jazeera after Knesset law

The prime minister's pledge drew statements of concern and condemnation from the White House and the Committee to Protect Journalists.

Picture from the Web Summit 2024 in Qatar.

Middle East sees 23% drop in VC funding: Qatar, Bahrain, UAE hardest hit

Qatar saw VC investments tumble by 57% to 43 million QR ($11.81 million), eclipsed only by Bahrain with an 82% drop.