Interview UAE official says opening Hormuz integral to any Iran deal, describes infrastructure damage 'manageable' Abdulla Balalaa, UAE assistant minister of foreign affairs for energy and sustainability, spoke to Al-Monitor about the situation in the Gulf along with the UAE's focus on promoting privatization in the water sector and the 2026 UN Water Conference.
Saudi stocks hit 2026 high, bucking global war-driven volatility The kingdom's stock market climbed to its highest level of the year on Wednesday, with the kingdom’s equities now far outperforming the S&P 500 and other global and regional indices. Saudi Arabia
UAE's deputy PM holds first call with Ghalibaf amid push to extend US-Iran ceasefire The Emirati vice president and Iran’s parliament speaker talked de-escalation on the phone in the first such contact since the Iran war began. United Arab Emirates
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. Iran
Newsletter: City Pulse Dubai UAE’s ‘Washwasha’ brings sound, memory to Venice Biennale By Rebecca Anne Proctor In Dubai, reporting on culture
Iran hits Gulf, threatens truce as Israel escalates in Lebanon: What to know Iranian attacks continued in the United Arab Emirates, Saudi Arabia and Kuwait hours after a ceasefire between Iran and the US was announced. Iran
Gulf nations in line of fire brace for Iran escalation: What to know A bridge linking Saudi Arabia to Bahrain was briefly closed as Iran escalates its attacks in the Gulf ahead of a looming US deadline to reopen the Strait of Hormuz. United Arab Emirates
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. Bahrain
Analysis Hostage to Hormuz, can Gulf rewire future energy flows to bypass Iran’s chokepoint? As the US-Israel-Iran war disrupts around 20% of global oil supply, experts point to opportunities and challenges facing a renewed push to develop alternatives to the Strait of Hormuz. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Iran strikes Gulf again, hitting Kuwait refinery as UAE shuts gas hub Kuwait’s desalination plant and key refinery have been damaged, and the UAE has suspended Habshan operations after debris from intercepted missiles caused a fire. Kuwait
Newsletter: City Pulse Dubai Palestinian artists explore exile in Dubai Also this week: Migration-themed exhibitions, dining deals and event shifts
Newsletter: Business & Tech US firms in Iran’s crosshairs Iran threats, fuel shortages and energy windfalls underscore mounting economic fallout from regional tensions. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
UAE accuses Iran of 'extortion' in Strait of Hormuz: What to know The accusation comes as Iran continues to launch drone and missile attacks in the Gulf. United Arab Emirates
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. Iran
Iran names US tech, finance firms in new Middle East threat list Firms listed as potential targets included Oracle, Microsoft, Apple, Google, Meta, IBM, Palantir and Nvidia, while banking giant JPMorgan and UAE-based AI firm G42 were also listed. Iran
TotalEnergies reaped more than $1B profit from Iran war: What to know Non-Middle Eastern energy firms have been particularly benefiting as energy flows have been choked off from the Gulf. Iran
Analysis Oil-rich Gulf states could face power crunch as Iran war hits energy security While the conflict fuels a global oil price shock, the Gulf states must contend with growing threats to their own energy security, from power cuts to desalinated water loss. By Samuel Wendel In Washington, DC, reporting on regional business and tech