What if the U.S. stopped protecting the Strait of Hormuz?

Jun 24, 2019
It wouldn't change much at the pump — at least here at home.
An oil tanker is protected by the U.S. guided missile frigate USS Gallery in the Strait of Hormuz in 1988. In a tweet Monday, President Donald Trump questioned the United States' decadeslong protection of the strait.
NORBERT SCHILLER/AFP/Getty Images

Russia plays oil diplomacy card in Middle East

May 10, 2019
Russia has leveraged its oil and gas market power to enhance its influence in the Middle East, just as the U.S. is pulling back from the region.
Joe Klamar/AFP/Getty Images

Mnuchin heads to Middle East focused on disrupting terrorist financing

Oct 25, 2017
Treasury Secretary Steven Mnuchin speaks in Saudi Arabia today at the launch of what’s being called the Terrorist Financing Targeting Center. Mnuchin’s leading a weeklong delegation to the Middle East to meet with leaders in Saudi Arabia, Israel and Qatar…

Saudi allies ramp up sanctions on Qatar

Jun 12, 2017
Qatar is promising not to surrender in the face of sanctions imposed on it last week. Saudi Arabia, the United Arab Emirates, Egypt and Bahrain halted land, air and sea traffic to Qatar and blacklisted several Qatari-linked organizations and individuals.…

5 Mideast countries cut ties with Qatar

Jun 5, 2017
Simon Henderson of The Washington Institute says a major political crisis could affect the supply and price of oil.
Some nations are cutting off air and sea traffic with Qatar, above.
Robert Cianflone/Getty Images

What Trump's dealmaking is up against on his visit to Israel

May 16, 2017
'The reality is that the sides are a long way apart,' says David Horovitz, editor of The Times of Israel.
President Donald Trump and Israel Prime Minister Benjamin Netanyahu shake hands following a joint news conference at the White House in February.
Win McNamee/Getty Images

Drops in travel from the Middle East to U.S. hurt high-end markets

Apr 19, 2017
Emirates, the biggest airline in the Middle East, is cutting back on flights to the United States in five of its 12 destinations. The air carrier said demand has dropped steeply since President Trump’s restrictions on entry from Muslim-majority countries. And…

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Saudi deputy crown prince meets President Obama

Jun 17, 2016
Mohammed bin Salman is plugging his country's reform plans and mending fences.
Mohammed bin Salman arriving at a summit held in the Saudi capital Riyadh in 2015. 
FAYEZ NURELDINE/AFP/Getty Images

Iran has big economic potential ... eventually

Apr 6, 2015
Before it can grow, the country's post-sanction economy must modernize.

The hidden dangers of low oil prices

Nov 24, 2014
Whole states lose out, and, also, global warming.