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Dubai Tourism Crashes, Qatar LNG Halted, Saudi Oil Rerouted

5/9/2026

40 8 Full Breakdown

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Dubai Tourism Plummets
  • Dubai’s tourism sector expects hotel occupancy to fall to 10 percent in Q2 2026, down from 80 percent before the conflict.
  • U.S. President Donald Trump halted a naval escort of tankers after Saudi Arabia and Kuwait barred airspace and base access.
  • Qatar’s liquefied natural gas exports stay halted as the country extended force majeure through June.
  • Saudi Arabia ships five million barrels daily via its East-West pipeline despite the Strait closure.
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