Gulf Cooperation Council

The Iran war is accelerating the petrodollar’s decline

Like the stricken Saudi Aramco Ras Tanura refinery complex (above), the petrodollar has suffered a blow from Iranian attacks as Tehran looks to other currencies in payment for its oil.

Trump claims Iran ‘wants to work a deal’ as US begins Hormuz blockade

A billboard declaring the Strait of Hormuz belonging to Iran on a building in Tehran, on April 13, 2026.

China and Russia veto UN resolution on protecting Hormuz shipping

Members of the United Nations Security Council vote during at a United Nations Security Council meeting on a Hormuz resolution at U.N. headquarters in New York City, U.S., April 7, 2026. REUTERS/Jeenah Moon

Trump interested in calling on Arab states to help pay for Iran war, White House says

White House Press Secretary Karoline Leavitt speaks during a press briefing in the James S. Brady Press Briefing Room at the White House in Washington, D.C., U.S., March 30, 2026. REUTERS/Evan Vucci

How the UAE withstood the Gulf war’s heaviest attacks

For a country built on stability, connectivity and investor confidence, the strikes were a significant stress test.

‘Fake news’: Iran denies talks with US after Trump postpones strikes on power grid

FILE PHOTO: U.S. President Donald Trump gestures as he boards Air Force One to travel to Dover Air Force Base, as he departs from Joint Base Andrews, Maryland, U.S., March 18, 2026. REUTERS/Kylie Cooper/File Photo

News analysis

Suffering a sense of Iranian betrayal, will Arabs be forced to take a harder stance?

TOPSHOT - An Emirates aircraft prepares for landing as a smoke plume rises from an ongoing fire near Dubai International Airport in Dubai on March 16, 2026. Flights were gradually resuming at Dubai airport on March 16, previously the world's busiest for international flights, the airport operator said, after a "drone-related incident" sparked a fuel tank fire nearby, as Iran kept up its Gulf attacks. (Photo by AFP) /

Saudi Aramco boss pulls out of major international energy conference due to Iran conflict: Source

Saudi Aramco's CEO Amin Nasser is usually a headline speaker at the CERAWeek conference, one of the energy industry’s biggest events.

Trump was warned of likely Iranian retaliation on Gulf allies, sources say

A smoke plume rises from an ongoing fire near Dubai International Airport on March 16.

Gulf states press US to neutralise Iran for good as Hormuz crisis deepens

FILE PHOTO: A map showing the Strait of Hormuz and Iran is seen in this illustration taken June 22, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.