Analysis Lebanon key to Trump plan for turnaround in Middle East The final "This Week" column reflects on US policy toward Lebanon, Syria, Iraq and Gaza. By Andrew Parasiliti In Washington, DC, reporting on diplomacy, regional politics, national security
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
TotalEnergies confirms $10 billion investment in Iraq oil fields, solar plant The long-delayed deal is expected to bolster the regional electricity grid in the south of the country. Iraq
Oil deal reached between Iraq and Kurdistan Regional Government The Kurdistan Regional Government says an agreement will result in the resumption of oil exports to Turkey after a legal dispute stopped outflows. Iraq
Oil prices rise by 5% after OPEC's surprise output cut decision Brent Crude had its sharpest price increase in almost a year on Monday after reports that major oil producers will slash their output. Legacy: Gulf
OPEC+ likely to maintain output in light of Kurdish oil dispute Analysts say the OPEC+ alliance is unlikely to cut production and there could be be a oil glut in the second half of 2023. Legacy: Gulf
Saudi's Aramco could list in Hong Kong as China relations warm Aramco's latest deals in the Chinese market are fueling speculation that the Saudi giant could be set to list one of its subsidiary companies on the Hong Kong Stock Exchange (HKSE). Legacy: Gulf
Iraqi efforts underway to resolve Kurdish oil exports via Turkey Ankara, Baghdad and Erbil appear willing to negotiate a new mechanism after an international tribunal dealt a blow to Kurdistan’s drive to sell its oil independently. Turkey
Israeli, Cypriot, Greek FMs discuss Iran's IRGC in Cyprus meeting The Iranian threat, security cooperation, joint energy projects and tourism were all discussed at the three-way meeting of the Israeli, Cypriot and Greek foreign ministers in Nicosia. Israel
China settles first LNG trade in yuan with UAE deal China has held several discussions with countries in the Middle East and North Africa about conducting trade using its local currency. Legacy: Gulf
International oil firms stop operations as Iraqi-Kurdish oil dispute continues A Kurdish official told Al-Monitor that the Kurdistan Regional Government disagrees with an Iraqi government proposal to resolve the issue, as the stoppage of oil exports to Turkey threatens the autonomous region's economy. Iraq
Saudis joining Shanghai Cooperation Organization as China bromance blossoms Russia, China and a number of former Soviet states in Central Asia created the SCO in 2001 to counter US hegemony in the region. Legacy: Gulf
Analysis North Africa diesel exports to Europe surge as Russia digs deeper into Ukraine Europe has been looking for alternative sources of oil and gas in light of Western sanctions on Russia over the Ukraine war. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
UAE-Israel ties strengthen further with offer for NewMed Energy Abu Dhabi National Oil Company and British Petroleum are seeking a 50% stake in the firm. The news follows the activation of the Israel-UAE free trade agreement and another Emirati firm buying a stake in Israel's gas fields. Legacy: Gulf
