ACWA Power, TAQA among Saudi firms backing Syria's energy comeback Some 14 years of civil war have wiped at least $800 billion from the country’s gross domestic product, according to UN figures. Syria
In China, Saudi investment minister looks to build on $100B+ trade ties China is the kingdom’s largest trade partner, with bilateral trade between the two reaching roughly $107.5 billion in 2024. Saudi Arabia
Analysis Lebanon key to Trump plan for turnaround in Middle East The final "This Week" column reflects on US policy toward Lebanon, Syria, Iraq and Gaza. By Andrew Parasiliti In Washington, DC, reporting on diplomacy, regional politics, national security
Analysis As Trump plays Russia oil sanctions gambit, will Middle East profit or pay? A potential US crackdown on Russian oil buyers could disrupt global trade flows — and the Middle East stands to both benefit and lose. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Iran to close public offices as temperatures pass 105 F: What to know Iranian officials are seeking to reduce public energy consumption as water levels decrease throughout the country and power cuts persist. Iran
Aramco's Q2 profits fall 22% as lower oil prices weigh on earnings Saudi Arabian crude exports have been soaring, hitting a three-month high last month, though oil prices remain low. Saudi Arabia
UAE’s ADNOC inks 10-year gas deal with India: What to know The UAE is seeking to export more gas to India as domestic consumption is projected to rise in the South Asian country. United Arab Emirates
Iran mulls nixing zeros from currency as value plunges: What to know Iran has experienced massive inflation in recent years and is now contending with an energy crisis as well. Iran
Egypt inks offshore oil and gas deals with Eni, BP: What to know Egypt faces growing energy vulnerability due to declining natural gas production and heavy reliance on imported supplies. Egypt
Trump admin unveils largest-to-date Iran sanctions on oil 'shipping empire' The sanctions target more than 115 individuals, entities and vessels that the Treasury Department has linked to a network transporting oil from Iran and Russia. Iran
Turkey to begin natural gas exports to Syria on Aug. 2: What to know Turkey will supply gas via a swap deal with Azerbaijan, backed by Qatar financing, the Turkish energy minister said. Turkey
Turkey secures $2.8B green financing for Azerbaijan railway: What to know The 223-kilometer railway will connect to the existing train route that joins Turkey’s northeastern city of Kars and the Georgian and Azerbaijani capitals of Tbilisi and Baku. Turkey
Saudi crude oil exports hit 3-month high as production soars: What to know The increase comes as the kingdom is reeling from negative effects of lower oil prices and production boosts from OPEC+ under US pressure. Saudi Arabia
Why Turkey plans to end its 52-year oil pipeline deal with Iraq The Turkish decree stipulated that the 1973 Turkey-Iraq Crude Oil Pipeline Agreement — along with all amendments to the deal — would be terminated effective July 27, 2026. Turkey
Saudi Arabia's Diriyah awards Chinese firm $1.53B contract: What to know Saudi Arabia’s Diriyah Company has awarded a major contract to China Harbour Engineering Company for the development of a Vision 2030 project. China
Drone strike halts operations at Iraqi Kurdistan oil field: What to know A second drone attack in as many days has suspended operations at an oil facility in Iraqi Kurdistan, with initial investigations pointing to Iran-aligned armed groups. Iraq
