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
Biden says he won't ask Saudi Arabia to pump more oil during trip President Joe Biden also downplayed his expected meetings with Saudi leaders, including Crown Prince Mohammed bin Salman. Saudi Arabia
Egypt ready to export gas to Lebanon once US grants waiver Egypt plans to export the agreed-upon 650 million cubic meters of natural gas annually in order to alleviate Lebanon's energy shortage. Egypt
Algeria to maintain gas supplies to Spain despite dispute Algeria's announcement concerning the immediate suspension of the treaty of friendship and good neighborliness concluded with Spain in October 2002, after Madrid’s radical change of position on the Western Sahara issue on March 18, will not have negative consequences on gas contracts signed by the two countries. North Africa
World Bank official: Lebanon, Yemen, Syria most food-insecure in region Many states across the Middle East and North Africa meet the criteria for food insecurity, experts said at a US Institute of Peace event. Syria
Israeli FM Lapid gets warm welcome in Ankara Israeli Foreign Minister Yair Lapid is the latest regional leader to be greeted in Ankara as Turkey takes a fresh approach to its regional ties. Turkey
Egypt looks for boost from gas deal with Israel, EU The EU, Egypt and Israel signed an agreement for the export of natural gas to Europe, which would reduce the latter’s dependence on Russian gas. Egypt
Egypt-Lebanon gas deal awaits US decision on Syria sanctions A State Department spokesperson said the administration will review the final contracts and financing terms to address any sanctions concerns. Lebanon
European Commission head in Israel for talks on energy, natural gas Prime Minister Naftali Bennett and Energy Minister Karin Elharar discussed with European Commission President Ursula von der Leyen possibilities for cooperation on exporting Israeli natural gas via Egypt to Europe. Israel
Biden to meet with Saudi crown prince in July visit The president is expected to meet with Saudi Crown Prince Mohammed bin Salman in the Saudi Arabian city of Jeddah following a visit to Israel and the West Bank, a senior administration official said. Legacy: Gulf
Maritime dispute with Lebanon threatens Israeli natural gas drilling Israel hopes that a solution can be found to the maritime border dispute with Lebanon so Energean can start drilling in the Karish field in the third quarter of 2022. Israel
Russia launches production for Egypt’s nuclear power plant Ukraine war not stopping Russia’s Rosatom from manufacturing equipment for Egypt’s first nuclear power plant. Egypt
