Turkey launches first overseas drilling mission in Somalia: What to know A drilling ship has reached Somalia to start Turkey's first overseas drilling mission as regional rivalry heats up in the Horn of Africa. Turkey
Analysis How fast can Gulf energy production rebound after US-Iran ceasefire? The truce could pave the way for lost oil and LNG supplies to flow back to global markets, but restoring Gulf energy production to normal levels could take months, if not longer. By Samuel Wendel In Washington, DC, reporting on regional business and tech
EIA hikes 2026 oil price forecasts 22% as Hormuz fuels long-term market fallout In its latest update, the agency said international benchmark Brent crude is now expected to average $96 per barrel in 2026, up from $79 previously, with higher prices now expected to last through 2027. Iran
Iran threatens energy shock, ups Gulf strikes ahead of Trump deadline: What to know Majid Mousavi, head of the IRGC Aerospace Force, declared the start of a “new phase” of the war in response to US threats to target key Iranian civilian infrastructure. Iran
Analysis How the Iran war can help Syria manage Turkey and its regional rivals By Amberin Zaman Reporting on geopolitics, minorities, human rights, culture
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
Exclusive Iraq seeks more compensation from Turkey, 'blocks' reopening of Kurds' oil pipeline Disputes over oil revenues and arbitration claims have kept the Kurdish pipeline closed. By Amberin Zaman Reporting on geopolitics, minorities, human rights, culture
US slaps sanctions on Iran's oil tankers, targets China 'teapot' refinery Targets of the sanctions include a refinery allegedly purchasing Iranian oil from a vessel linked to Yemen's Houthi militant group. Iran
Turkey wants to export gas to Syria, Ukraine, energy minister says In 2020, Turkey discovered the a massive gas field in Turkish waters of the Black Sea that would help it meet domestic needs and export the energy. Turkey
Libya now politically stable, 'attractive' to foreign oil firms: NOC chairman Since the ousting of longtime dictator Moammar Gadhafi in 2011, Libya’s oil sector has been unstable amid political unrest between two warring factions in the east and the west of the country. Libya
UAE’s XRG to make big investment in US energy, ADNOC chief says Sultan Ahmed Al Jaber said his new low-carbon energy company wants to become a one-stop shop for gas in the United States. United Arab Emirates
Saudi Aramco CEO warns of 'painful awakening' as energy costs rise Amin Nasser said that green energy would not replace oil as demand for crude continues to grow, especially from the Global South. Saudi Arabia
Analysis Why Iran oil sanctions on China may not prove as effective as Trump hopes Washington has sanctioned entities in China and the United Arab Emirates involved in the trade of oil and drone components with Tehran. By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
