$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 president heads to Russia to meet Putin as ties grow: What to know UAE President Sheikh Mohammed bin Zayed al-Nahyan is heading to Moscow on Thursday for an official visit, his second in less than a year as Russian-Emirati relations continue to develop rapidly. United Arab Emirates
Iran to close public offices as temperatures pass 105 F: What to know Iranian officials are seeking to reduce public energy consumption as water levels decrease throughout the country and power cuts persist. Iran
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
Aramco to invest up to $58B in 2025 gas, renewables ventures, CEO says Saudi Aramco is investing in an offshore gas field and new business areas such as lithium and blue ammonia, its CEO told stockholders. Saudi Arabia
