AI chips, drones, jets: A look at Trump's $3.2 trillion megadeals during Gulf trip Amid photo ops and lavish receptions, President Donald Trump’s Gulf trip yielded $3.2 trillion in announced deals with Saudi Arabia, Qatar, and the UAE — though some details remain vague. United States
Turkey, Iraq leaders tout cooperation in Ankara, but major disputes persist The Turkish and Iraqi leaders signed 11 cooperation deals in Ankara, but talks yield no apparent breakthrough on suspended oil exports or electricity flow. Turkey
Goldman Sachs lowers oil forecast after OPEC+ boosts production: What to know Saudi Arabia, Russia and other members of OPEC+ announced another major production increase, sending oil prices below $60 a barrel. Saudi Arabia
OPEC+ moves up meeting as oil prices continue to drop: What to know Saudi Arabia has signaled it is willing to live with lower oil prices as US President Donald Trump calls for more production. Saudi Arabia
Exclusive Turkey stops electricity sales to Iraq after Baghdad fails to settle $70M+ bill By Amberin Zaman Reporting on geopolitics, minorities, human rights, culture
UAE’s ADNOC inks deal with China’s largest offshore producer as US tariffs bite A third LNG deal has been struck between a Chinese entity and the Abu Dhabi National Oil Company as Beijing scrambles for alternative sources to replace the US supply. United Arab Emirates
Analysis Why low oil prices under Trump are unlikely to curb Middle East output Prices stood around $100 a barrel in 2022, under the Biden administration, but hovered between $63 and $66 this past week. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Qatar and Russia to up investment by $2B as emir visits Moscow Cooperation between Qatar and Russia on energy matters is growing, as Doha seeks to mediate between the Kremlin and Ukraine over the war. Qatar
China's oil imports highest since 2023 amid Iran crude spike: What to know Data from analytics firm Kpler from April 11 showed that Iran’s imports were up 20% from February and at a five-month high. China
Analysis France recalibrates Turkey ties as east Med dynamics shift: What to know After years of strain between France and Turkey, the two countries seem to be seeking rapprochement on regional issues. By Jonathan Fenton-Harvey In London, reporting on North Africa and Gulf politics
Iran oil exports to China soar in March to 1.9M bpd despite US sanctions The United States and Iran will hold negotiations on the Islamic Republic’s nuclear program on Saturday as Tehran hopes to achieve sanctions relief. Iran
UAE's Mubadala makes first US gas play in wave of Gulf LNG investment Other Gulf energy majors such as Saudi Aramco and ADNOC have already made significant investments in US LNG. United Arab Emirates
After steep fall, oil prices slightly recover following Trump tariff pause Over the last week, oil prices have plummeted amid the escalating trade war between the United States and China. Saudi Arabia
Italy's Eni to invest $26B in Egypt, Libya, Algeria energy projects Eni is already a leading foreign energy company in the region, with footholds in Algeria, Egypt and Libya. Libya
Oil prices fall as Gulf economies grapple with Trump’s tariffs: What to know Falling oil prices could negatively impact the budgets of Gulf states and are coinciding with losses in the region’s stock markets. Saudi Arabia
Turkey's Simsek says economy will ride out Trump tariffs without lasting scars Mehmet Simsek stressed that his government’s economic program has made the economy more resilient against internal and external shocks, highlighting that inflation has fallen and continues to drop. Turkey
OPEC+ members boost output as Trump tariffs bring down oil prices The US president has been calling on Saudi Arabia and other top oil producers to boost production and bring down prices. Saudi Arabia
