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
Saudi Arabia announces new natural gas discoveries The kingdom is already a major oil exporter, but it could also start exporting natural gas in the near future. Legacy: Gulf
Qatar signs deal to sell Germany natural gas The agreement demonstrates the continued significance of Qatar's natural gas, despite pressure to transition to renewable energy. Legacy: Gulf
The Gulf Briefing: swapping petrodollars for assets In this weekly newsletter, Sebastian Castelier rounds up the biggest stories from the Gulf region. Legacy: Gulf
US urges Iran-backed Houthis to halt attacks on Yemen's ports The warning to the Houthis comes as US Special Envoy for Yemen Tim Lenderking returns to the region to push for peace between the country's warring sides. Yemen
Kuwait benefits from oil price boom but long-term economic challenges loom Key reforms and a lack of a diversified economy remain only two of Kuwait's major challenges. Legacy: Gulf
Israel agrees for Qatar to drill in Lebanese maritime gas field After agreeing for TotalEnergies and Eni to go ahead with exploration drilling at the Lebanese cross-border Kana-Sidon reservoir, Israel has approved the Qatari Energy Consortium to buy the drilling rights. Israel
Egypt, US, Germany launch plan to reduce methane emissions The COP27 initiative seeks to accelerate Egypt's green energy transition. Egypt
Saudi Aramco makes $7 billion investment in South Korea during crown prince’s visit Saudi Crown Prince Mohammed bin Salman is seeking to boost energy, defense and investment cooperation with Seoul during his trip. Legacy: Gulf
Breaking | Last Updated: November 17, 2022, 5:09 pm US sanctions firms in China, UAE over Iranian oil sales The latest sanctions follow designations for Iranian state-run media staff and firms sending drones to Russia. Iran
Algeria forces Russia to make concessions As the war in Ukraine carries on, the list of problematic issues between Algeria and Moscow is growing. Russia
Turkey eyes risky energy partnership with Algeria Turkey’s plan for joint oil and gas exploration with Algeria raises the specter of operational and financial challenges for a country already under economic strain, experts say. Turkey
Iranian carmaker Saipa prepares first export to Venezuela Cooperation between Iran and Venezuela now goes beyond oil. Iran
