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
Iraq expands refining capacity to reduce oil product imports Many of the refineries in Iraq are outdated and operate below capacity. Iraq
Libya derails Egypt-Turkey rapprochement Egypt-Turkey talks to normalize their relations were halted in the wake of Ankara’s recent oil deal with Libya's Tripoli-based government. Egypt
Libya differences stall Turkey-Egypt fence-mending Turkey’s moves in Libya have undermined its fledgling dialogue with Egypt, even as Ankara took a number of measures to restrict Brotherhood exiles to please Cairo. Turkey
Breaking | Last Updated: November 17, 2022, 12:36 pm US sanctions oil shipping network supporting Hezbollah, Quds Force The Treasury Department accused a Gulf-based group of individuals and front companies of concealing the Iranian origins of oil shipments. Iran
Saudi Aramco continues to reap big profits The Saudi oil giant has been investing in futuristic technology as it benefits from high oil prices. Legacy: Gulf
UAE warns against underinvestment in oil, gas at Abu Dhabi conference The Abu Dhabi International Petroleum Exhibition and Conference also features more focus on decarbonization and hydrogen. Legacy: Gulf
Saudi Arabia criticizes Biden over oil reserve release The US president recently announced that he would sell some emergency oil reserves in response to the Saudi-backed oil supply cut. Legacy: Gulf
Israel moves to reduce industrial greenhouse gas emissions Ahead of the COP27 climate summit in Egypt next month, the Israeli government is focused on reducing greenhouse emissions within the industrial sector. Israel
How OPEC+ production cut will impact Egypt Experts say the OPEC+ decision to cut oil production won't hit Egypt as hard as some other countries. Egypt
Biden announces release of oil reserves following Saudi-backed oil cut One analyst said the move will not elicit a reaction from Saudi Arabia, which is in a dispute with the Biden administration over the recent OPEC+ oil production decision. Saudi Arabia
Fuel shortage, long queues anger Tunisians Tunisians are growing angry amid successive crises, most recently a fuel shortage, while the government sits idle. North Africa
