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July 25, 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

The Netherlands puts Qatar trade event on hold over foreign workers' deaths

The Dutch government postponed a trade mission in Qatar after a report on thousands of workers dying there since the country was awarded the 2022 World Cup.

UAE, Qatar officials meet in Kuwait amid Gulf thaw

Kuwait hosted delegations from the two countries more than a month after Saudi Arabia and its allies agreed to end their blockade on Qatar.

United Arab Emirates

A Kuwaiti trader wearing a protective mask follows the market at the Boursa Kuwait stock exchange in Kuwait City on March 1, 2020. - Boursa Kuwait decided to close the main trading hall due to the COVID-19 coronavirus disease developments. Stock markets in the oil-rich Gulf states plunged on March 1 over fears of the impact of the coronavirus, which also battered global bourses last week. All of the seven exchanges in the Gulf Cooperation Council (GCC), which were closed the previous two days for the Muslim

GCC states race for foreign investment

Despite the Saudi-led effort to bury the hatchet with Qatar, unified economic policies are coming up against by GCC countries’ needs to win foreign investment post-COVID.

Saudi Foreign Minister Faisal bin Farhan al-Saud (R) and Secretray General of the Gulf Cooperation Council Nayef bin Falah Al-Hajraf, hold a press conferece at the end of the GCC's 41st summit, in the city of al-Ula in northwestern Saudi Arabia on January 5, 2021. - Gulf leaders signed a "solidarity and stability" deal after the leaders of Saudi Arabia and Qatar publicly embraced, bringing Doha back into the regional fold after a three-year rift. (Photo by FAYEZ NURELDINE / AFP) (Photo by FAYEZ NURELDINE/AF

Egypt, Bahrain adopt 'wait and see' approach to reconciliation with Qatar

Egypt awaits Qatar to take actions on the ground in accordance with Al-Ula Declaration that ended the boycott of Doha, but amid concerns that Qatar will bail out on its commitments.

US may help keep GCC reconciliation on track

It is unclear how firm or shaky the ground is for Gulf Cooperation Council nations' reconciliation with Qatar, but they may be on more or less good behavior to start off as well as possible with the Biden administration.

Qatar Airways announces expansion of flights to US

Qatar's flagship airline will resume flights to Seattle and Atlanta and increase daily and weekly flights to other cities in the United States.

An Etihad Airways Boeing 787-9 "Dreamliner" aircraft carrying a delegation from the United Arab Emirates (UAE) on a first official visit, lands at Israel's Ben Gurion Airport near Tel Aviv, on October 20, 2020. - The UAE delegation left on the country's first official visit to Israel with a string of deals set to be signed after the two countries signed a deal to normalise ties last month. (Photo by JACK GUEZ / AFP) (Photo by JACK GUEZ/AFP via Getty Images)

Etihad to resume flights to Doha as Gulf crisis ends

Following the United Arab Emirates reopening its airspace to Qatar, the Abu Dhabi-based airline will restart flights to the Qatari capital next month.

United Arab Emirates

Egypt says it is renewing diplomatic relations with Qatar

Qatar Airways also announced the resumption of its Cairo route as the Gulf rift comes closer to an official end.

DOHA, QATAR - DECEMBER 18: In this handout image provided by Qatar 2022/Supreme Committee, Qatar inaugurates fourth FIFA World Cup 2022 venue, Ahmad Bin Ali Stadium on December 18th, 2020 in Doha, Qatar. Qatar inaugurates fourth FIFA World Cup 2022™ venue, Ahmad Bin Ali Stadium, in front of 50% capacity crowd. The 40,000-capacity venue will host seven matches during Qatar 2022 up to the round-of-16 stage. Fans in attendance were required to show negative COVID-19 test results before entering the venue. (P

Can World Cup soccer help heal Gulf wounds?

Communities torn apart by a yearslong rift between Gulf rulers may need time to heal the wounds of a crisis that damaged social ties that have historically transcended borders.

<<enter caption here>> on October 24, 2011 in Doha, Qatar.

UAE reopens land, sea, air ports to Qatar following Gulf deal

The announcement comes after Gulf leaders this week agreed to end their years-long embargo of Qatar.

Saudi Foreign Minister Adel al-Jubeir (L), UAE Minister of Foreign Affairs and International Cooperation Abdullah bin Zayed Al-Nahyan (2nd-L), Egyptian Foreign Minister Sameh Shoukry (2nd-R), and Bahraini Foreign Minister Khalid bin Ahmed al-Khalifa (R) meet in the Egyptian capital Cairo on July 5, 2017, to discuss the Gulf diplomatic crisis with Qatar, as Doha called for dialogue to resolve the dispute.
The Saudi foreign ministry said on July 5, 2017 that it had received Qatar's response to a 13-point list

Egypt thaws relations with Qatar after long-running feud

Egypt signed a reconciliation agreement with Qatar, along with Saudi Arabia, the United Arab Emirates and Bahrain, aimed at ending the Gulf blockade imposed on Doha since 2017, but it seems pending issues remain, including the Muslim Brotherhood, preventing full restoration of ties between Cairo and Doha.

Emirati official says Gulf states to work on trade with Qatar before resuming diplomatic ties

UAE Minister of State for Foreign Affairs Anwar Gargash's comments indicate that healing the Gulf rift may still take more time.