Saudi Arabia outlines oil export plans amid escalating Houthi attacks Saudi authorities said on Monday they were extending the suspension of operations at King Khalid International Airport after deadly attacks over the weekend by Yemen's Iran-aligned Houthis. Saudi Arabia
Iraq devalues dinar 13% as Hormuz disruption hits oil revenue The central bank said in a statement that it had revised the official exchange rate to 1,520 Iraqi dinars per dollar from around 1,320. Iraq
Explainer Rubio says Iran ‘lost’ Hormuz. Has it? US Secretary of State Marco Rubio said Wednesday that Iran has “lost complete control” of the waterway, pointing to the recovery in Gulf oil exports in September. Iran
Turkey, Pakistan to deploy forces to Saudi Arabia amid Houthi attacks Turkish, Saudi and Pakistani officials agreed to bolster military cooperation under the Mecca defense pact as Houthi attacks and fighting in Yemen intensify. Turkey
Mideast oil exports surpass prewar levels despite pipeline, ship attacks By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Analysis As Iran’s grip on Hormuz weakens, what leverage does Tehran have left? By A correspondent in Tehran In Tehran, reporting on politics
Fitch upgrades Omantel’s credit rating, citing high oil prices, reforms The leading Omani telecommunications company has grown its customer base and agreed to sell its towers to a British firm, but a new cell service provider in the Gulf state could provide some competition. Legacy: Gulf
Erdogan not giving up on gas from Iraqi Kurdistan Erdogan appears bent on advancing energy deals with Iraqi Kurdistan, even as a gas project remains bogged down by legal, technical and financial snags. Turkey
Iraqi court's ruling on KRG gas puts Turkey on the spot A top Iraqi court has ruled that the 2007 oil and gas law affecting the Kurdistan Regional Government is unconstitutional in a heavy blow to the KRG and its energy deals with Turkey. Turkey
Egypt breaks LNG export records with eye on Europe The country recorded 10-year high sales in 2021 following a jump in global prices and resumption of production in its second liquefied gas facility, a flow local authorities hope to maintain as they try to become a regional hub and major player in the market. Egypt
Qatar National Bank launches environmentally friendly finance project The Doha-based bank will loan cash to the British bank HSBC to be used for green transportation investments. By AL-MONITOR Staff
Negotiations likely to start over in Israel-Cyprus gas field dispute Israel’s Energy Minister Karine Elharar is reexamining the Israel-Cyprus dispute over the gas field on their maritime border. Israel
Egypt raises fuel prices The move follows oil prices reaching a seven-year high on the back of supply coordination by OPEC and Russia. News Brief
The Takeaway: Yemen’s future may be affected by Iran talks Iran and Israel; Iran and China; Iran and Turkey; Hamas alternative to "Fauda"; and more … all in less than 1,400 words. Legacy: Gulf
Next phase of China-Iran ties depends on nuclear talks Iran and China's long-term strategic partnership awaits any new outcome of the JCPOA. Iran
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
