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 eyes Qatar as major non-NATO ally The upgrade in ties comes as the United States is seeking Doha's help in supplying natural gas to Europe. Qatar
Iran’s gas cut exposes Turkey’s vulnerability to energy risks Ankara’s energy preparedness for the winter and its capacity to secure alternative supplies have come under question after a halt in the gas flow from Iran sparked an unprecedented energy crunch in the country. Turkey
Lebanon signs new electricity deal with Jordan, Syria A previously announced agreement to export Egyptian gas to Lebanon has yet to come to fruition. Lebanon
Israel says maritime talks with Lebanon to resume next week The Israel Energy Ministry said talks would resume with its longtime foe over natural gas exploration in the eastern Mediterranean. News Brief
Qatar’s emir heads to Washington next week, report Discussions are likely to include Iran negotiations, Afghanistan and a US effort to provide alternative energy supplies to Europe in the event Russia invades Ukraine. Washington Connection
Saudi Arabia reports more non-oil exports, large amount of trade with China The kingdom is trying to reduce its dependence on oil. Legacy: Gulf
Saudi Arabia to maintain current debt amount Saudi public debt has increased in recent years with the decline in global oil export revenues. By AL-MONITOR Staff
Can Israeli gas bridge Turkey-Israel rift? The dimming prospects of the EastMed pipeline project offer Turkey an opportunity to mend fences with Israel and break its isolation in the energy rivalry in the Eastern Mediterranean. Turkey
Lebanese minister seeks economic boost with Iraq visit George Boushekian visited Baghdad this week to seek cooperation with his Iraqi counterparts and facilitate business deals between Iraqi and Lebanese entities amid Lebanon's economic crisis. News Brief
US alleviates Lebanon's sanctions concerns over energy deal US Ambassador to Lebanon Dorothy Shea provided a Treasury Department letter that addressed concerns over the energy plan's potential to violate sanctions on Syria. Lebanon
Islamic State cells impose levy on oil investors in northeastern Syria Islamic State cells are imposing levies on oil investors who have been contracted to work in oil fields in agreement with the controlling forces in northeastern Syria, as a share of the oil investment in a bid to finance their activities. Syria
Venezuela's Maduro plans to visit Iran 'very soon' Venezuelan President Nicolas Maduro said the two countries will sign new accords and "speed up processes of cooperation." Iran
