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Today’s Brief

Hormuz shuts, France bakes again

Iran closes Hormuz as disasters stretch governments and Trump targets reporters at home

The sharpest market risk came from the Strait of Hormuz, where Iran declared the waterway closed after a damaged container ship and another round of US strikes. Heat, fire and flood meanwhile forced governments from Paris to Beijing to choose between public safety and normal life.

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World · Updated 5h ago

Important

The Middle East after Gaza

The US launched a third round of strikes on 140 Iranian military targets following an IRGC attack on a container ship, escalating direct conflict between the two nations.

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Diplomacy·2h ago

Sheikh Hamad bin Khalifa al-Thani, former emir who transformed Qatar into a gas and media power, dies aged 74

The Qatari government announced his death on Sunday, 12 July 2026. He ruled from 1995 to 2013 and stepped down voluntarily in favour of his son.

Sheikh Hamad bin Khalifa al-Thani, who ruled Qatar from 1995 until his surprise abdication in 2013, died on Sunday 12 July 2026 at the age of 74, the Qatari government announced. The Diwan of the Emir issued a statement mourning the loss of the "father emir," describing his death as a great loss for the nation.

It is with hearts resolute in faith in God's will and destiny that the Diwan of the Emir mourns the passing of His Highness the Father Emir, Sheikh Hamad bin Khalifa Al-Thani, a great loss for the nation.

— Diwan of the Emir

Rise to power and economic transformation

Sheikh Hamad came to power in 1995 after deposing his father, Sheikh Khalifa, in a bloodless palace coup. He inherited a small, marginal emirate with nearly empty coffers and set about transforming it into a major regional and international player. Within a few years, he laid the foundations for Qatar's accelerated development, turning it into one of the world's largest producers of liquefied natural gas. The transformation was underpinned by the creation of the Qatar Investment Authority, the sovereign wealth fund tasked with investing billions of dollars, particularly abroad.

Regional diplomacy and Al Jazeera

A staunch ally of the United States, Sheikh Hamad simultaneously positioned Qatar as an indispensable actor in Arab politics, serving alternately as mediator, financier, and diplomatic broker. A cornerstone of this strategy was the 1996 launch of the international news channel Al Jazeera, which became one of Qatar's principal instruments of influence and played a major role during the Arab Spring uprisings. Under his rule, Qatar also began channelling hundreds of millions of dollars to the Gaza Strip, financing road projects along the coastline. A hospital in Gaza City bears his name.

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Domestic reforms and abdication

On the domestic front, Sheikh Hamad introduced political reforms, including the adoption by referendum in 2003 of a constitution that provides for a separation of executive, legislative, and judicial powers while keeping executive authority in the hands of the emir and his cabinet. In 2013, he surprised the region by voluntarily abdicating in favour of his fourth son, Sheikh Tamim, in a Middle East where leaders often remain in power until their last breath. Since stepping down, he had remained relatively discreet and out of the public eye.

Doha
Sheikh Hamad bin Khalifa Al-ThaniSheikh Tamim bin Hamad Al ThaniSheikh Khalifa bin Hamad Al Thani
Gaza StripDohaHamad bin Khalifa Al Thani

6 sources

  • Décès de l'ancien émir Hamad ben Khalifa al-Thani, artisan du Qatar moderne
    RFI·3h ago
  • Qatar's former ruler Hamad bin Khalifa Al Thani dies at 74
    Le Monde.fr·4h ago
  • Hamad Ben Khalifa Al Thani, ancien émir du Qatar, est mort à l'âge de 72 ans
    Le Monde.fr·4h ago
  • Le Qatar annonce la mort de l'ancien émir Cheikh Hamad
    Mediapart·5h ago
  • عاجل: قطر تعلن وفاة أميرها السابق الشيخ حمد بن خليفة آل ثاني - BBC News عربي
    BBC·6h ago
  • وفاة أمير قطر السابق الشيخ حمد بن خليفة آل ثاني عن عمر ناهز 74 عاما
    France 24·6h ago

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