Analysis New nuclear deal is no silver bullet for Iran's untapped gas reserves Iran has an estimated 32 trillion cubic meters of natural gas reserves, but it has been unable to exploit them under the weight of international sanctions. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Analysis Why IRGC’s shadow empire is set to endure even as Iran’s economy spirals With the ability to operate clandestinely, the Islamic Revolutionary Guard Corps wields significant power across Iran's most important sectors — insulating the organization from current economic turmoil, according to experts. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Syria to develop first offshore oil, gas field with US’s Chevron, Qatar’s UCC In 2013, Russian firm Soyuzneftegaz signed a deal to explore for oil and gas in Syrian waters, but the project was dropped two years later due to the civil war. Syria
Kuwait to open offshore oil, gas fields to foreign firms: What to know The Gulf country and OPEC member has made significant oil and gas discoveries since 2023. Kuwait
Oil prices fall after OPEC+ raises production limits The Organization of the Petroleum Exporting Countries plus Russia agreed to increase production limits for some member states Sunday following a demand by the United Arab Emirates. DONT USE - Gulf Pulse
Erdogan: Turkey will continue oil exploration in disputed eastern Mediterranean Turkey's president may be upping the ante against Greece, Cyprus and the European Union. Turkey
Will high oil prices setback Gulf reforms? Push harder or take a breath on economic reforms? The question can be tricky for Gulf rulers Legacy: Gulf
The Takeaway: Iran deal on front burner before Raisi takes office Also: Bibi plots his comeback, a woman boxing coach trains men in Egypt, and the latest from Gaza, Jordan, Iraq, and Turkey. Iran
Iranian official says US agrees to lift Trump-era oil sanctions The chief of staff to outgoing Iranian President Hassan Rouhani was quoted as saying that Washington had agreed to remove more than 1,000 sanctions imposed upon Iran by the previous US administration. Iran
French foreign minister: Turkey and France have a ‘verbal cease-fire’ Jean-Yves Le Drian told a French TV station there is still a long way to go to improve Turkey-France relations, mentioning Syria, Libya and the eastern Mediterranean. The French and Turkish presidents had a cordial meeting earlier this week. News Brief
Rise in Iraqi cancer cases may be linked to wars, environment The causes of the spike may be linked to Iraq's wars or environmental pollution, but the evidence is sketchy. Iraq
Egypt expands role in Iraqi reconstruction by building bridges in Mosul Egypt is seeking to expand its participation in the reconstruction of Iraq amid a growing alliance between Baghdad, Amman and Cairo. Egypt
Iran expects to restore oil output within month of US lifting sanctions A senior official at the National Iranian Oil Company said that if the United States lifts sanctions on Iran, the country expects to restore its crude oil output to pre-sanctions levels in a matter of months. Iran
Turkey's Erdogan announces natural gas discovery in Black Sea Turkish President Recep Tayyip Erdogan said the Fatih drilling ship had found 135 billion cubic meters of natural gas in the Sakarya gas field. News Brief
UN urges Houthis to permit inspection of aging oil tanker The Houthis, who control access to the FSO Safer, have prevented the UN from sending a technical team to assess the risk of a potential massive oil spill. Yemen
As GCC turns 40, all eyes on post-oil era The GCC alliance hopes for greater future economic growth in the Gulf. Legacy: Gulf
