The year that shook the Gulf

The United Arab Emirates is leaving OPEC . Saudi Arabia is ending its splashiest foreign sports venture. The two U.S. allies are in the midst of a messy divorce, even as both face fire from Iran . Why it matters: One year after President Trump's grand tour of the Gulf, the region's vision of a geopolitically stable post-oil future — powered by tourism, AI and American capital — has taken a major blow. The trillions of dollars in investment pledges that Trump secured on his trip are in limbo. So

More from Axios

AI threatens Big Law's talent pipeline

Axios·6

Spirit Airlines shuts down after two bankruptcies and a failed rescue plan

Axios·7

Appeals court limits abortion pill access

Axios·13

Scoop: U.S. blockade has cost Iran $4.8 billion, Pentagon says

Axios·7

"These are not normal times": Inside Democrats' sweeping 2028 redistricting plans

Axios·9

Iran offers new response on draft peace deal, Trump "not satisfied"

Axios·12