Business
Why the Gulf Economy Held When the Region Didn't
A war that closed the Strait of Hormuz and hit every GCC state should have broken the region's economics. Reserves and diversification kept it standing.
Jul 16, 2026
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9 stories for“strait of hormuz closure”
Business
The Strait of Hormuz Has Been Shut for Almost Six Months. Oil Is at $93, Not $200, and That Gap Is the Story.
A potential war is the wrong frame. Fighting began on 28 February and the strait closed on 4 March. The economic damage is real and measurable, and it is far smaller than the forecasts issued in the first month, for reasons worth understanding.
Aug 22, 2026
Business
The Strait Reopens Every Few Weeks in the Headlines and Six Ships a Day in the Data
Day 187 brought more reporting on efforts to reopen the Strait of Hormuz. The transit count on the latest published day was six, against a pre-war baseline of about 85 a day, and the market puts one percent odds on normal traffic by 15 September.
Sep 4, 2026
Business
Two Filipino Seafarers Were Killed on a Tanker in Hormuz, and the Retaliation Reached Kermanshah
The Saudi carrier Bahri says two crew died in a security incident aboard the SIDR while transiting the strait on 31 August. Iran says four IRGC aerospace personnel were killed in United States strikes days later.
Sep 5, 2026
Business
A Tanker Took Three Projectiles in the Strait, and This Time the Traffic Data Moved
Brent topped 92 dollars on Tuesday, up from just over 88 at Monday's close. A tanker was hit crossing the Strait of Hormuz on Monday by three unknown projectiles, and transits through the channel fell to 107 in the week to 30 August from 121.
Sep 1, 2026
Business
Oil Is Back Near $100, but the Outlook Splits Between Shipping Risk and Weak Demand
Brent's renewed jump toward $100 reflects Middle East shipping danger, while IEA and EIA forecasts point to demand destruction and lower prices if supply routes normalize.
Jul 25, 2026
Business
Red Sea Tanker Attacks Push Oil Above $96 a Barrel
Houthi claims against two Saudi tankers have exposed the weakness in plans to bypass Hormuz, sending Brent higher as two vital shipping routes face risk.
Jul 23, 2026
Travel
The World's Tourists Went Somewhere Else This Year, and the Gulf Is Counting the Difference
UN Tourism has global arrivals up two per cent in the first quarter and Middle East arrivals down fourteen. Bahrain lost more than a quarter of its visitors. Egypt, three hours away, gained sixteen per cent.
Aug 26, 2026
Latest Trends
The Exchange Stopped Being Between Two Countries and Started Landing in Four Others
American strikes on Revolutionary Guard sites drew missile and drone retaliation aimed at American assets in Bahrain, Jordan, Kuwait and Iraq. Iranian officials report at least eleven dead, including five at a wedding in the south.
Sep 2, 2026
