As US blockades Hormuz, China urges restraint, rejects call to ditch Iran oil Beijing and Ankara called for calm as the US began its blockade of the Strait of Hormuz as regional diplomacy over the fragile ceasefire intensifies. Iran
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
Analysis How the Iran war can help Syria manage Turkey and its regional rivals By Amberin Zaman Reporting on geopolitics, minorities, human rights, culture
US threatens sanctions in bid to restore oil sharing in Libya The US government raised the specter of sanctions on unspecified parties involved in Libya’s civil war yesterday after Libya’s oil authority accused the United Arab Emirates (UAE) of obstructing efforts to restore petroleum revenue sharing between the country’s warring sides. Libya
Report: Energy producers in Middle East to earn billions less in oil revenues The International Monetary Fund's prediction that was reported by The Associated Press is the latest negative outlook for Middle Eastern economies. Originals
Iran cuts oil production and storage is nearly full amid pandemic, US sanctions Reuters reported that Iran's onshore storage facilities are nearly full while production is at its lowest point since the Iran-Iraq war. United States
Israel approves exploration, bidding on disputed offshore field Energy Minister Yuval Steinitz announced June 23 the opening of bidding for drilling in Block 72, off Israel’s northern shores, which Lebanon says is adjacent to its own fields. Israel
Israel, Egypt energy ties so far unaffected by coronavirus crisis, annexation plan Despite the coronavirus crisis and the annexation plan, agreements to export Israeli natural gas to Egypt remain intact. Israel
OPEC continues oil export cuts in June Global oil prices continue to hold up relative to earlier in the year as oil-producing countries in the Middle East struggle economically. Legacy: Gulf
US troops 'secure' northeast Syria oil, as contamination from it imperils lives Dilapidated pipelines and oil waste coat polluted rivers and streams in Kurdish-run northeast Syria. Syria
IMF official: Gulf economies to contract by 7.6% in 2020 The International Monetary Fund official's predictions are worse than earlier ones as the Gulf deals with oil price drops and the COVID-19 pandemic. Legacy: Gulf
Intel: Democrats try to stymie Trump’s 'secure the oil' mission in Syria Democrats are turning up the heat on President Donald Trump’s “secure the oil” mission in northeast Syria. Originals
Pompeo dismisses Rouhani’s terms for talks as Iran admits ‘no plan B’ for Syria Israel, Iran and the United States are all not backing down in Syria, but US-Iran prisoner talks may still have a chance. Iraq
Intel: US sanctions Iranian ships for delivering oil to Venezuela The United States sanctioned the captains of five Iranian vessels today for delivering oil to Venezuela. Originals
General Electric helps increase electricity generation in Iraq Power stations that General Electric helped develop and improved exploitation of natural gas boost Iraq's energy infrastructure as the country seeks alternatives to imported energy from Iran. Iraq
