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
OPEC+ alliance endorses slight increase in oil production Saudi Arabia, the UAE and other have largely resisted US calls to boost production but settled on a marginal increase today. Legacy: Gulf
Bulgaria looks to Turkey for help with gas shortage Russia has cut gas exports to Bulgaria, leaving Sofia looking to Ankara, which has some tough decisions to make. Turkey
Israeli cybersecurity firm protects gas transfers between Poland, Lithuania Waterfall deployed its system to the eastern European countries in response to the war in Ukraine. The move comes at a low point in Israel-Russia relations. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
IMF: Oil producers better prepared for Ukraine-related economic downturn The International Monetary Fund’s report also highlighted currency depreciation in Egypt, economic effects of the war in Yemen and Jordan’s fledgling tourism sector. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
Italy's ENI to tap North African gas for Europe Europe’s race to reduce its energy dependence on Russia has put the spotlight on Algeria, Egypt and Libya, but their capacity to boost exports in the short term is limited and any significant increase would require large investments and stability. North Africa
US becomes Turkey's second biggest gas supplier, but for how long? Turkey's second biggest gas supplier over the past winter was the United States, but Ankara may have to turn back to its neighbors to ensure it has sufficient supplies. Turkey
Brent crude falls nearly 10%, OPEC basket drops slightly Saudi Arabia has acted to keep prices high recently against the wishes of the US. Saudi Arabia
Analysis The Takeaway: Ukraine war worsens Middle East oil gap Sudan’s Burhan accuses UN envoy; Egypt increases support for Sudan; Libya cracks down on human rights activists; Turkey’s farmers face economic pinch; Islamic State uses dust as cover in Iraq … all in less than 1,200 words! By Andrew Parasiliti , Elizabeth Hagedorn
UAE reports slight growth of non-oil GDP The United Arab Emirates is undergoing economic changes as it aims to reduce its dependency on oil. United Arab Emirates
Culture Bicycling movement sweeps Lebanon As Lebanon is hit hard by a series of crises, fuel shortages aggravated by the Ukraine war have pushed many Lebanese to use bicycles as transportation. Lebanon
Will renewed interest in Iraqi Kurdish gas fuel Turkey-Iran rivalry? Western capitals are seeking alternative natural gas resources to reduce their dependence on Russia, which creates a possible opportunity for Iraqi Kurdish gas exports. Turkey
Saudi Aramco pursues diversification with artificial intelligence center The Saudi energy giant is flush with cash from oil sales abroad. Saudi Arabia