The major diplomatic rift - caused by the abrupt decision by several Arab countries to cut ties with Qatar after they accused its government of supporting terrorism - has been called baseless by Qatar's leaders.
With Trump offering to help resolve the crisis, possibly with a meeting at the White House, the United Arab Emirates cut postal ties to Qatar, and close Saudi ally Bahrain reiterated a demand that Doha distance itself from regional foe Iran.
He said Iran was ready to help with securing food supplies in the emirate, an investment powerhouse and supplier of natural gas to world markets but tiny and reliant on imports. "We are a platform for peace", he told reporters in the capital city of Doha. Qatar denies the allegation. A declaration of war.
Saudi and UAE differences with Qatar are long-standing, and relate particularly to Qatar's willingness to shelter a variety of Islamic activists who are in bad odour elsewhere, most of all the Muslim Brotherhood.
Responding to questions from lawmakers on Wednesday, Foreign Minister Ibrahim Ghandour said he expected Gulf Arab states to overcome the crisis given the "strong relations and blood ties" between them.
RIA Novosti said Russian Foreign Minister Sergey Lavrov will meet with Qatari counterpart Sheikh Mohammed Bin Abdulrahman Al Thani on Saturday.
The Kingdom of Saudi Arabia, the Arab Republic of Egypt, the United Arab Emirates, and the Kingdom of Bahrain will continue to work with partners around the world towards finding solutions to countering terrorist organizations and extremist groups whose activities must not and can not be ignored by any State.
"Doha now is completely isolated", Al Qassemi said.
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"We now consider risks to external financing lines to the whole economy, including foreign direct investment, portfolio flows and to the financial sector, to be elevated, and this could lead to pressure on Qatar's pegged monetary arrangement", said S&P.
Qatar has called its tanks into action and warned neighbours that it will open fire on any ships that come into its waters.
The sources said banks in Qatar were asked to provide daily information on their foreign exchange trading, a daily statement of withdrawals and transfers from deposits worth at least 10 million Saudi riyals ($2.7 million), and daily data on cash withdrawals and deposits.
To the Amir of Qatar, regarding your alignment with the extremist government of Iran and your abuse of the Custodian of the two sacred mosques [i.e. King Salman], I would like to remind you that Muhammed Mursi did exactly the same and was then toppled and imprisoned.
"We have all kinds of recordings taking place where they (Qatar) are coordinating with al Qaeda in Syria", he said. "They need to make a decision; they can't have it both ways", he said.
The UAE and Saudi Arabia have banned Al-Jazeera from the airwaves and closed the channel's offices.
State-funded al Jazeera's acting director general, Mostefa Souag, dismissed accusations that its reportage is pro-Islamist and amounts to meddling in the affairs of other Arab states.
The conditions reportedly included the expulsion of all members of the Muslim Brotherhood terrorist group (outlawed in Russia) and the Palestinian Hamas movement from the country, freezing of their bank accounts and the suspension of any relations with these groups.
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