Why are Wall Street banks posting record profits amid Iran war? The US-Israel-Iran war has roiled the global economy since Feb. 28, but the resulting market volatility has boosted trading profits for some. Iran
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
Russia hoping to outdo Saudis over time in coronavirus-hit oil market Russia opted for an approach based on uncertainty in its decision to leave the OPEC-plus deal, but is it punching above its weight? Saudi Arabia
Egypt and Turkey's energy face-off in the Mediterranean Egypt signing an agreement with five major energy companies to start drilling in the Mediterranean off its coast near Libya raises the prospect of more friction developing with Turkey. Egypt
Erdogan turns to oil in a bid to salvage Syria policy Turkey’s president eyes oil-related bargains in Syria after failing to achieve his stated objectives in Idlib and acquiescing to a new deal with Russia in the rebel stronghold. Syria
Will Russia accept Turkey's proposal to split Syria's oil? Moscow weighs the pros and cons of a Turkish proposal on Syrian oil. Syria
Will Marib province survive Houthi offensive after fall of al-Jawf? An offensive on Marib province is looming but may not be imminent as analysts say they think Marib will likely remain in a state of ebb and flow following the battles in al-Jawf and Nihm. Saudi Arabia
Does Moscow’s withdrawal from OPEC-plus deal end Russia-Saudi honeymoon? Russia’s decision to break off from the Saudis in the OPEC-plus agreement has some merits. Saudi Arabia
UAE shows path for peaceful nuclear development Fuel assemblies have been loaded into the first of four UAE nuclear power plants following the country's yearslong effort to develop major national and international support for nuclear energy. United Arab Emirates
Edelman strikes $6 million deal with Saudis to promote G-20 business summit Saudi petrochemicals company SABIC has hired the Chicago-based PR giant to support this year’s Business 20 gathering in Riyadh. Saudi Arabia
Why is Turkish Cypriot leader declared ‘enemy’ in Turkey? The leader of the Cypriot Turks angered Ankara in October for criticizing the Turkish incursion into Syria, but all hell has broken loose since he recently said that any move by Turkey to annex Northern Cyprus would be a “horrible” prospect. Turkey
Jordanians fuming over electricity bills, call for boycott Jordanians are angered at the sharp hike in electricity rates, which the government claims is due to the high consumption in subzero temperatures. Jordan
Turkey expands gas exploration efforts to Libya’s offshore waters Turkey has moved to expand its gas exploration drive in the tension-ridden eastern Mediterranean since signing a maritime accord with Libya’s Tripoli-based government, but there are also signs that Ankara might seek to break its isolation in the region. Turkey
Libyan divide deepens as eastern forces shut down oil ports As the Libyan National Army accused the Government of National Accord and Tripoli-based National Oil Corporation of spending its revenues on mercenaries to fight along their ranks, the tribes in eastern Libya shut down multiple oil ports and demanded a new distribution of oil revenues. Libya
