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July 26, 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

Word of Qatar's new office in Gaza rattles Palestine

Palestinians were shaken up by the quickly retracted news that Qatar was to open an embassy in Gaza, a move that would greatly complicate the political division between Hamas and Fatah.

How will Britain-Gulf rapprochement affect Egypt?

Following British Prime Minister Theresa May's attendance at the Gulf Cooperation Council (GCC) summit, it seems cooperation between both sides could potentially worsen Egypt’s relations with the Gulf states.

Bahrain's Prime Minister Prince Khalifa Bin Salman al-Khalifa attends a meeting during the Asia Cooperation Dialogue (ACD) summit at the Foreign Ministry in Bangkok, Thailand, October 10, 2016. REUTERS/Athit Perawongmetha - RTSRK1T

Who in the GCC wants a union?

Gulf Cooperation Council states consider transforming into a union to arm themselves against Iran’s increasing dominance and the growing instability in the Middle East.

Tunisia's President Moncef Marzouki (R) and Qatar's Emir Sheikh Tamim bin Hamad al-Thani listen to their national anthems during a welcome ceremony in Tunis April 3, 2014. REUTERS/Zoubeir Souissi (TUNISIA - Tags: POLITICS ROYALS) - RTR3JUGT

Qatar steps up its involvement in Tunisia with investment conference

The Arab Spring’s nascent democracy is the latest theater where Gulf state rivalries are playing out.

United Arab Emirates

U.S. President-elect Donald Trump speaks at his election night rally in Manhattan, New York, U.S., November 9, 2016. REUTERS/Carlo Allegri TPX IMAGES OF THE DAY - RTX2SPX6

Trump win further distances US from GCC on Syria

The Gulf Cooperation Council anxiously awaits to see how US President-elect Donald Trump plans to deal with the uncertainties surrounding US Middle East policies.

Turkish Foreign Minister Mevlut Cavusoglu attends a meeting with Foreign Ministers of Gulf Cooperation Council (GCC) in Riyadh, Saudi Arabia, October 13, 2016. REUTERS/Faisal Al Nasser TPX IMAGES OF THE DAY - RTSS3HN

Does a UAE-Turkish rapprochement worry Egypt?

The UAE has grown closer to Turkey in the past month on policies related to Iran and Syria.

Assistant Treasury Secretary for Terrorist Financing Daniel Glaser testifies before a Senate Foreign Relations Committee hearing on the situation in Ukraine on Capitol Hill in Washington on May 6, 2014. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/Getty Images)

US Treasury official praises Saudi cooperation against terror funding

Assistant Treasury Secretary Daniel Glaser says there has been substantial progress reducing funds amassed by the Islamic State, but warns that IS could seek external financing if it loses its "caliphate" in Iraq and Syria.

Palestinian Hamas leader in Gaza Ismail Haniyeh waves to his supporters during an anti-Israeli rally in Gaza city April 28, 2016. REUTERS/Suhaib Salem - RTX2C2YQ

Qatar or Iran: Who will save Hamas?

The Hamas delegation will split forces after performing the hajj in Mecca, with Ismail Haniyeh heading to Qatar and Mahmoud al-Zahar visiting Iran.

Palestinian President Mahmoud Abbas (L) gestures as Fatah strongman and lawmaker Mohammed Dahlan looks on (R) after meeting with British Prime Minister Tony Blair at the Palestinian Authority headquarters in the West Bank city of Ramallah December 18, 2006. Abbas told Blair on Monday he would push on with plans for early elections despite bitter opposition from the Hamas government. Blair said it was critical that the international community supported the moderate Abbas in the coming weeks. REUTERS/Eliana A

What it would cost Abbas to reconcile with Dahlan

Palestinian President Mahmoud Abbas is being pressured by a group of Arab states to reconcile with former Fatah member Mohammed Dahlan and by Qatar not to do so.

The car carrying Qatar's Amir Sheikh Tameem bin Hamad Al Thani arrives on the South Lawn as U.S. President Barack Obama plays host to leaders and delegations from the Gulf Cooperation Council countries at the White House in Washington May 13, 2015. REUTERS/Jonathan Ernst - RTX1CV83

Lobbying 2016: Qatar spends big to counter charges of lax stance on terror

United Nations Middle East peace envoy Nickolay Mladenov (R) and Qatari Mohammed al-Emadi (2nd L), of the National Committee for the Reconstruction of Gaza, visit a project financed by Qatari company Al-Emadi on September 17, 2015 in Gaza City. AFP PHOTO / MOHAMMED ABED (Photo credit should read MOHAMMED ABED/AFP/Getty Images)

Why the PA wants to stay on good terms with Qatar

The Qatari ambassador to Palestine stayed in the Gaza Strip for three weeks, holding banquets, visiting various institutions and making donations, with mixed reactions from Palestinian factions.

Palestinian Hamas-hired employees shout slogans after breaking past the gate of the Palestinian cabinet headquarters to demand their pay, in Gaza City January 13, 2015. The Palestinian unity government, based in the West Bank city of Ramallah, infuriated public workers on Hamas's payroll by saying it would vet them before paying out salaries - a process that could take months. REUTERS/Suhaib Salem (GAZA - Tags: POLITICS SOCIETY BUSINESS EMPLOYMENT) - RTR4L86Z

Why were 3,000 Gazans excluded from Qatari grant to pay salaries?

Hamas is accusing the Ramallah government of tampering with the list of Gazan government workers who were supposed to receive payment as part of a recent grant from Qatar.