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
Landmark $18.7B Santos-ADNOC takeover delayed: What to know Santos said in a statement that the due diligence period, initially set for six weeks, has been extended until Aug. 22. United Arab Emirates
$35B gas deal underscores Egypt’s energy reliance on Israel despite Gaza tensions Israel and Egypt have finalized a $35 billion gas deal that will double Israeli gas exports by 2029, highlighting Cairo’s growing energy dependence on its neighbor, even as political tensions rise over Gaza. Egypt
China's oil imports fall 5.4% as Iranian flows recede from June highs US President Donald Trump has intensified pressure on Iran’s economy, clamping down on its oil sector, a critical component of the state budget. Iran
UAE company agreed to loan $13B to South Sudan in exchange for oil A $13 billion loan to South Sudan, funded by Hamad Bin Khalifa Department of Projects, marks the largest-ever cash deal for the country. United Arab Emirates
Oman LNG deal spree continues with France's TotalEnergies The French energy major is also working on the Marsa project in Oman, which it claims is the first LNG bunkering hub in the Middle East. Oman
Soaring regional tensions boost Gulf budgets, threaten long-term goals Most of the Gulf’s economic diversification plans still rely heavily on oil and gas revenues, especially in Saudi Arabia, where the most speculative parts of Vision 2030 face a lack of interest by foreign investors. By Sebastian Castelier In Dubai, reporting on regional business
Iraq plans to reopen own oil pipeline as talks to restart Kurdish route stall The move to reopen the pipeline will irk the Kurdistan Regional Government, as it introduces a rival route to a section of the pipeline in Kurdistan that has been shut for a year and is a crucial economic source for the semi-autonomous region. Iraq
Turkey, Iran launch talks on energy cooperation The talks, aiming to enhance energy cooperation between the two countries, kicked off in Tehran. Turkey
What’s behind Abu Dhabi’s $13 billion investment in gas? The Abu Dhabi National Oil Company (ADNOC) is seeking more foreign partners as it aims to boost gas production capacity. United Arab Emirates
From PKK to corridor project: Ambitious agenda awaits Turkey’s Erdogan in Iraq Security cooperation and transport corridor plans are expected to top the agenda of the Turkish president’s visit to Iraq in April, the first of its kind since 2011. Turkey
Saudi Arabia, UAE amp up Africa investments amid growing competition Africa is seeing a major uptick in investments from the UAE, Qatar and Saudi Arabia, which presents the possibility of 'greater returns' for the Gulf states. Saudi Arabia
What’s behind Iran’s $13B investment in domestic oil industry? Iran’s oil exports are on the rise, particularly to China, though the country faces challenges in maintaining its oil production levels. Iran
Analysis What does US sanctions waiver mean for Iraq’s energy dependence on Iran? Iraq is seeking to boost its domestic natural gas sector and find alternatives to Iranian electricity but has not made significant progress, according to one expert. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
Israel’s NewMed Energy says UAE deal suspended amid Gaza 'uncertainty' Israel-UAE relations have been negatively impacted by the war but still remain intact. Legacy: Gulf
Turkey doubles down on coal despite European efforts to decarbonize Turkey has been importing around three quarters of its coal from Russia as prices have fallen since the Ukraine war began in Feb. 2022. Turkey
