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United Arab Emirates

March 13, 2026

Abu Dhabi 4:49 am

25°C

Commercial vessels are pictured offshore in Dubai on March 11, 2026. AFP via Getty Images

Oil jumps above $100 as energy crisis called worst in history: What to know

The latest spike is the second time in a week that oil prices have climbed above $100 a barrel.

An Emirates Airbus A380 passenger aircraft prepares for landing at Dubai International Airport in Dubai on March 8, 2026.

Airlines gradually restore Middle East flights, Gulf still heavily grounded

More than 43,000 of the 78,500 scheduled flights in and out of the Middle East have been canceled since the war began Feb. 28, according to flight data firm Cirium.

United Arab Emirates

Dan Kitwood/Getty Images

Oil swings steady as Aramco warns of 'catastrophic' Hormuz disruption

As investors appear to hedge their bets on persisting war risks, strikes on Gulf energy infrastructure continued on Tuesday, with a drone hitting the region’s largest single-site oil refinery.

Smoke and flames rise at the site of airstrikes on an oil depot in Tehran on March 7, 2026.

Analysis

Oil crisis stokes inflation risks for Mideast as Iran war exposes importers

With crude oil briefly nearing $120 per barrel on Monday before giving up gains, the conflict is poised to reignite inflationary pressures around the world, including for vulnerable economies such as Egypt and Turkey.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Latest News

G7 readies strategic reserves after oil nears $120 amid Iran war

In this photo illustration, a smartphone displays the crude oil price in USD after markets in the UK opened on March 9, 2026, in London, England.

Analysis

Qatar gas shock roils Middle East energy risk profile amid Iran war

Yasin AKGUL / AFP via Getty Images

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

UAE to freeze billions in Iranian assets following strikes

Christopher Pike/Getty Images

United Arab Emirates

What we know about UAE blocking X accounts accused of misinformation

Attendees take a picture of French Prime Minister Edouard Philippe as he delivers a speech during a visit to the Louvre Abu Dhabi Museum on February 10, 2018, on Saadiyat island in the Emirati capital, to launch the French-Emirati "Year of Cultural Dialogue". (Photo by KARIM SAHIB / AFP) (Photo by KARIM SAHIB/AFP via Getty Images)

United Arab Emirates

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Adam Lucente

News and Business Correspondent

In New York City, reporting on regional news, militancy, climate change

Jack Dutton

Chief Business Correspondent

In Bristol, reporting on regional business, climate change, AI, tech

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Mohammed Soliman

In Washington, DC, reporting on Gulf politics

Turkey's 'shadowy' gold trade raises questions about Iran's involvement

Unexplained rises in Turkey’s gold exports and imports have led experts to wonder whether Iran has reintroduced its trade mechanisms to circumvent international sanctions.

United Arab Emirates

United States ambassador to the United Nations Nikki Haley addresses the U.N. Security Council meeting on the situation in the Middle East, including the Palestine, at the United Nations Headquarters in New York, U.S., December 8, 2017. REUTERS/Brendan McDermid - RC1606383520

Has US given up on Middle East diplomacy?

US Secretary of State Rex Tillerson calls on Saudis to "consider consequences" of actions; Is Lebanese President Michel Aoun making the right call on Hariri?

Mystery surrounds former Egyptian premier's return to Cairo

Former Egyptian Prime Minister Ahmed Shafiq returned to Cairo from the UAE after announcing his intention to run in the upcoming presidential elections, yet questions remain surrounding his return.

United Arab Emirates

The UAE's 'alternative GCC'

With no solution to the Qatar-GCC crisis in sight, the United Arab Emirates and Saudi Arabia have formed their own alliance to support their regional foreign policy.

Iranian media: Yemen ex-president's death result of his 'betrayal'

Iranian media opine that Ali Abdullah Saleh’s reported talks with Saudi Arabia and the United Arab Emirates and consequently the breaking of his alliance with the Houthis led to his death.

Egypt flexes its mediation muscle in Lebanon crisis

During an emergency meeting in Cairo, the Arab League condemned Iran’s meddling in Arab affairs.

Russian President Vladimir Putin meets with members of a delegation, led by Sheikh Mohammed bin Zayed al-Nahyan, Crown Prince of Abu Dhabi and UAE's deputy commander-in-chief of the armed forces at the Kremlin in Moscow, Russia, March 24, 2016. REUTERS/Mikhail Klimentyev/Sputnik/Kremlin ATTENTION EDITORS - THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. - GF10000358996

Russia seeks closer military-technical cooperation with UAE

Russia is looking to revive its lapsed status as a major weapons supplier to the United Arab Emirates and to develop collaborative technology projects.

United Arab Emirates

Why did Hariri go to Cairo before returning home to Lebanon?

To spare the Middle East another battleground, Cairo played a role in containing the crisis of the resignation of Lebanese Prime Minister Saad Hariri.

A U.S. fighter stands near a military vehicle, north of Raqqa city, Syria November 6, 2016. REUTERS/Rodi Said - S1AEULHHBDAA

Pentagon reports troop surge in Middle East

Newly released Pentagon figures show a surge in US troops deployed across the Middle East this summer.

Houthi followers carry coffins of those killed in a car blast attack on Monday, and a Houthi fighter who was killed during fighting in Yemen's southern port city of Aden, in Sanaa July 22, 2015. Five people were killed in the blast that hit the Moeed mosque in Sanaa, which is used by the Houthis, police sources said. Islamic State's Yemen branch claimed responsibility for the attack, in which seven others were wounded. REUTERS/Khaled Abdullah - GF10000166909

Defeating IS in Yemen

While the Islamic State has faced major defeats in Iraq and Syria, the protracted war in Yemen has provided the terrorist group's branch in that country oxygen to breathe.

White House senior adviser Jared Kushner sits behind U.S. President Donald Trump during a cabinet meeting at the White House in Washington, U.S., November 1, 2017. REUTERS/Kevin Lamarque - RC1D4FEC9240

Has Kushner given Riyadh carte blanche?

Diplomats and military chiefs worry Jared Kushner's peace play could be giving Saudis and Emiratis a sense of entitlement to take overreaching, hard-line actions that could destabilize the region.

Posters depicting Saad al-Hariri, who announced his resignation as Lebanon's prime minister from Saudi Arabia, is seen at airport high way in Beirut, Lebanon November 19, 2017. REUTERS/Jamal Saidi - RC119900A480

Can Lebanon handle truth about Hariri, Saudi Arabia?

Saad Hariri faces his own court of conscience; US-Iran relations revert to axis of evil days.