Explainer Iran-Oman deal spurs Hormuz hopes as Red Sea threats evolve Iran has signaled that an agreement was reached with Oman establishing a Hormuz shipping route even as Houthi attacks in the Red Sea expand. Iran
Explainer Iran-Oman Hormuz route talks near 'completion': What to know The new framework would give Iran a greater role in managing one of the world’s most strategically important maritime choke points. Oman
Saudi Arabia's economy shrinks by 4.8% amid Iran war: What to know The kingdom saw a 24.7% year-on-year decline in its oil sector for the April 1 to June 30 period due to the closure of the Strait of Hormuz. Saudi Arabia
Oil jumps 8% as US-Iran war pressures Saudi Arabia, explosions hit Egypt The price of benchmark Brent crude climbed past $90 per barrel on Wednesday after a renewed round of US-Iran hostilities shattered a days-long lull in fighting and the Houthis targeted Saudi oil exports. Iran
Explainer Tankers keep sailing Red Sea despite Houthi threats as Saudi oil lifeline faces strains Yemen
Saudi Arabia deepens footprint in Syria with four new oil and gas deals The year-old Syrian government looks to revive the country’s energy sector, in part by signing deals with international companies and attracting foreign direct investment. Syria
Qatar, UAE step up LNG plans as global demand surges The United Arab Emirates and Qatar energy ministers share a vision of vastly expanding liquefied natural gas exports to meet the growing global demand. United Arab Emirates
RSF seizes Sudan’s largest oilfield: What to know The Heglig oil field is the largest in Sudan and a key facility for South Sudan, which relies heavily on Heglig to export its oil. Sudan
Exclusive Iraq's Kurds air fury over PM Sudani's stance after attack on gas field “We were shocked at Sudani’s audacity. Imagine the state we would have been in had he gotten his way,” a senior Iraqi Kurdish official speaking not for attribution told Al-Monitor. By Amberin Zaman Reporting on geopolitics, minorities, human rights, culture
UAE pledges up to $50B for Canada during Carney's Abu Dhabi visit The agreement was signed by Canadian Prime Minister Mark Carney and UAE President Mohammed bin Zayed Al Nahyan on Friday, during the former’s official visit to Abu Dhabi. United Arab Emirates
Syria signs deals with ConocoPhillips, Novaterra Energy: What to know Syria signed a memorandum of understanding with US energy companies ConocoPhillips and Novaterra Energy to develop and explore gas fields as Damascus works to revive the country’s battered natural gas sector. Syria
Egypt, Russia advance construction at Dabaa nuclear plant: What to know The Dabaa nuclear plant could help Egypt address its energy woes while boosting cooperation with Russia. Egypt
Iran doubles down on Venezuela support as Trump ups threats: What to know Iran is seeking to boost ties with Venezuela and has expressed solidarity following US strikes targeting drug smugglers off the country's coast, though their energy relationship has declined in recent years. Iran
Syria advances Qatar-backed $7B power project amid soaring electricity prices According to the state-run Syrian Arab News Agency, the plants will use a combination of natural gas and solar energy. Syria
Egypt courts investors, signs new gas deals at Abu Dhabi ADIPEC summit Minister Karim Badawi met with executives from companies including Abu Dhabi sovereign wealth fund Mubadala, UAE state energy holding company TAQA, US conglomerate Halliburton and British Petroleum. Egypt
Turkey, Iraq sign oil-for-water deal: What to know The landmark deal between Ankara and Baghdad sets out a finance mechanism to direct Iraqi oil proceeds into Turkish-built water infrastructure. Turkey
Oil prices fall for 3rd straight month as Saudi-led OPEC+ weighs more cuts The falling oil prices are being driven further down by China’s slowdown and are affecting Saudi Arabia’s diversification plans. Saudi Arabia
