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United Arab Emirates

March 13, 2026

Abu Dhabi 6:22 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

Iran, Turkey divide Saudi-led bloc

Egyptian President Abdel Fatah al-Sisi is opposed to plans by the other members of the Anti-Terror Quartet to confront Iran and Hezbollah in the Levant, to maintain Lebanon's relatively stable position.

Turkey’s misguided Middle East policy: From Syria, Iraq to the Gulf

Turkey’s misguided foreign policy has increasingly become apparent in three main spheres: Syria, Iraq and the Gulf region.

Shock suspension of Iranian hard-line daily over headline

Kayhan, the mouthpiece of Iran’s hard-liners, has been suspended for two days after a headline suggesting that Yemen’s Houthi movement will attack Dubai.

IRGC commander denies Trump claim on Saudi missile attack

IRGC commander Mohammad Ali Jafari denied that Iran was involved in the Yemeni missile attack on Riyadh.

How new joint US-GCC sanctions will impact Qatar crisis

After Qatar joined Saudi Arabia and the United States in imposing new sanctions on individuals suspected of financing terror groups in Yemen, it will be harder for the GCC states involved in the blockade of Qatar to make their case to Washington.

Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahayan (2nd L), Prime Minister and Vice-President of the United Arab Emirates and ruler of Dubai Sheikh Mohammed bin Rashid al-Maktoum (2nd R), and Sudan's President Omar al-Bashir (R) attend the opening ceremony of the International Defence Exhibition and Conference (IDEX) in Abu Dhabi, United Arab Emirates February 19, 2017. REUTERS/Stringer - RC1101053F70

Can UAE be a bridge between the US, Sudan?

The UAE has persuaded the United States to lift sanctions against Sudan given Sudan’s efforts to counter Iran’s expanding and consolidating regional influence.

United Arab Emirates

Qatari crisis seeps into UNESCO elections

The Qatari crisis has cast a shadow across the election of UNESCO's next director-general with competing candidates from Egypt and Qatar.

Are Yemeni rebels imploding?

Saudi Arabia's hope to exit the Yemen scene could depend largely on Ali Abdullah Saleh and the Yemeni rebel factions' falling apart.

Qatar's foreign minister Sheikh Mohammed bin Abdulrahman al-Thani (R) and U.S. Secretary of State Rex Tillerson attend a joint news conference in Doha, Qatar, July 11, 2017. REUTERS/Naseem Zeitoon - RTX3B08M

Iran’s role in Qatar’s new foreign policy

Rather than forcing Qatar to sever ties with Tehran, the Saudi-led boycott on Qatar has instead pushed the emirate closer to Iran.

Palestinians sit in a tent outside their apartments, which witnesses said were destroyed in an Israeli offensive, during a 72-hour truce in Beit Lahiya town in the northern Gaza Strip August 11, 2014. Israeli and Palestinian negotiators resumed indirect talks mediated by Egypt on Monday on ending a month-old Gaza war, Egypt's state news agency said, after a new 72-hour truce appeared to be holding. REUTERS/Suhaib Salem (GAZA - Tags: POLITICS CIVIL UNREST) - RTR4214M

UAE, Egypt approve more aid for Gaza, Hamas

It looks like support is on the way for destitute Gaza via the UAE and Egypt.

United Arab Emirates

Russian Foreign Minister Sergei Lavrov (R) welcomes General Khalifa Haftar (L), commander in the Libyan National Army (LNA), during a meeting in Moscow, Russia August 14, 2017. REUTERS/Sergei Karpukhin - RTS1BPNE

Russia weighs its role as arbiter in Libya

As Moscow works to shore up its influence in bringing Libya’s rival governments together, it is examining whether Gen. Khalifa Hifter is more of an asset or a liability.

United Arab Emirates

Saudi Arabia's King Salman bin Abdulaziz Al Saud (R) talks with Iraqi Prime Minister Haider al-Abadi in Jeddah, Saudi Arabia, June 19, 2017. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. - RTS17RSB

Saudi Arabia engages Iraq at Iran's dismay

Iraq's rapprochement with Arab Sunni countries including Saudi Arabia is putting increased pressure on Iran.