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
Interview Oman to phase out polluting industries 'too difficult to decarbonize' Omani Minister of Energy and Minerals Salim Al Aufi told Al-Monitor that if his government finds an industry too difficult or costly to decarbonize, there will be discussions taking place about phasing the sector out all together. Salim Al Aufi Oman Minister of Energy and Minerals
Will Saudi Aramco's massive share sale to raise $12B pay off? Saudi Arabia is selling a 0.64% stake in its state energy company in a bid to offset rising debt and fund its economic diversification plans, but foreign investors remain wary. By Sebastian Castelier In Dubai, reporting on regional business
Le Drian says France keen to help Saudi Arabia transition away from oil France's former top diplomat said that his country was supportive of Saudi Arabia's efforts to diversify its economy. Saudi Arabia
What's behind Italy's growing Libya engagement as Russia influence expands? Italy is seeking stronger ties with Libya’s rival groups, though this mission may be hindered by several challenges. Libya
UAE's ADNOC invests in Mozambique's natural gas in first African foray The deal will give ADNOC a share of the liquified natural gas output from the concession, which has a combined capacity of over 25 million metric tons per pear, the company said in a statement. United Arab Emirates
Why UAE’s ADNOC is mulling setting up US trading desk The UAE state-backed company recently held talks to recruit senior energy traders to oversee the expansion, Reuters reported. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Gulf consolidates stature as sovereign wealth hub, lags on per capita holdings A frenzy of recent initial public offerings has again highlighted Gulf states' statuses as global wealth hubs. By Sebastian Castelier In Dubai, reporting on regional business
Saudi Arabia 'conservative' on oil revenue as it pares back Vision 2030 plans Mohammed Al-Jaadan warned that being a resource-rich country was a curse as well as a blessing because being dependent on one commodity such as oil can hold a country "hostage" to the volatility of global demand and prices. Saudi Arabia
Turkey’s BOTAS signs $1.1B long-term LNG deal with ExxonMobil Turkey and ExxonMobil have signed a major liquified natural gas deal as Ankara looks to diversify its energy sources. Turkey
What's behind Saudi Arabia's increase in crude oil prices for Asian market? The kingdom wants to restrain oil production to keep demand up, but the increase in prices to Asian customers is more related to refining values, says one expert. Saudi Arabia
Turkey eyes ExxonMobil LNG as country reduces dependence on Russian gas The long-term deal being discussed with the American energy giant would give Turkey up to 2.5 million metric tons of LNG a year, Turkey's energy minister said in an interview. Turkey
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
