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
Iraq plans to launch pipelines to export oil through Jordan, Syria Iraq plans to diversify its oil exports via new pipelines through Jordan and Syria. Iraq
EU downgrades diplomatic ties, funding with Turkey over Cyprus gas drilling Ankara remains undeterred as EU imposes punitive measures on Turkey over controversial gas drilling activities near Cyprus. Turkey
How Egypt promotes its fuel price increase An Egyptian government advertising campaign paves the way for a fuel price increase for the fifth time since President Abdel Fattah al-Sisi took power — but is this in the citizens’ best interest? Egypt
Eastern Mediterranean crisis balloons as Turkish drill ships multiply Disputes over oil and gas reserves in the Eastern Mediterranean have caused a spike in tensions between Ankara and Turkish Cypriots on the one side, and the EU and Greek Cypriots on the other. Turkey
Corrupt economy fuels Algerian revolt The North African country’s rentier model is collapsing. Algeria
Libya has outsized importance for Turkey's Mediterranean plans Turkey's hostility to Libyan forces led by Khalifa Hifter is part of an ongoing strategic power struggle in the region. United Arab Emirates
Congress advances bill sidelining Turkey on Mediterranean gas dispute The Senate advanced a bill rebuking Turkish attempts to drill for gas near Cyprus. Turkey
Nechirvan Barzani in Baghdad to discuss oil The KRG's new president, Nechirvan Barzani, traveled to Baghdad to meet the Iraqi prime minister and discuss the two sides' outstanding oil dispute. Iraq
PA wants to break free from reliance on Israeli fuel Following the rupture of US-Palestinian ties and Israeli violations to the Paris Protocol, the PA is moving forward with its plan to break free from reliance on Israeli fuel, particularly since the financial crisis requires purchasing fuel at cheaper prices. Palestine
US blames Iran for Gulf tanker attack Secretary of State Mike Pompeo points finger at Iran in Thursday's attacks on two tankers in the Gulf of Oman. Legacy: Gulf
Greek Cyprus calls for arrest of Turkish drilling crew Ankara has vowed to continue gas exploration activities in disputed waters near Cyprus after Greek Cypriot authorities issued arrest warrants for workers on Turkey's gas-exploration ship. Turkey
Will Egypt privatize electricity delivery? Two international companies have approached the Egyptian government about buying shares in three of its electricity stations, sparking discussion over the pros and cons of privatizing energy distribution. Originals
