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
A thaw in Turkey’s relations with Egypt? Gulf Cooperation Council reconciliation may have set in motion Ankara’s desire for a reset with Cairo. Egypt
Oil prices continue to rise as Saudi Arabia and Russia talk production The price of Brent crude continued to increase above its pre-pandemic levels during the OPEC+ meeting Thursday. Legacy: Gulf
How Egypt benefits from gas agreement with Israel Egypt and Israel agreed to establish a pipeline connecting Israel’s offshore Leviathan natural gas field to the liquified natural gas terminal in Egypt, a move that was hailed as a major step toward economic, political and security gains for Cairo. Egypt
Egyptian energy minister on rare visit in Israel Egyptian Petroleum and Mineral Resources Minister Tarek el-Mulla visited Israel yesterday to advance the regional gas forum, meeting with Prime Minister Benjamin Netanyahu, Energy Minister Yuval Steinitz and Foreign Minister Gabi Ashkenazi. Israel
Turkey to purchase fourth drilling ship to expand energy projects Amid maritime boundary disputes in the eastern Mediterranean and after a 2020 gas field discovery the Black Sea, Turkey’s state-owned oil and gas company is finalizing the purchase of a fourth drilling ship to expand its energy development activities. Turkey
Iran demands answers from Indonesia over seized oil tanker Indonesia seized an Iranian fuel tanker on Sunday, accusing the vessel of failing to respond to radio calls and disabling its identification system. Iran
Oil prices at highest since February 2020 following Saudi output cut Oil producers are concerned that the continued COVID-19 pandemic could hurt demand. Legacy: Gulf
Iran to 'urgently resume' gas shipments to Iraq following weeks of cutbacks Tehran has been reducing its gas exports to Baghdad due to unpaid bills, worsening an already critical energy situation. Iraq
Daewoo fulfills Iraq’s Faw Port despite obstacles Iraqi government voted for signing a contract with the Korean company Daewoo to finish Faw Port project. Iraq
Gulf oil exporters cautiously optimistic for 2021 A new COVID-19 strain and the possible return of Iranian crude to global markets could inflict “short-term pains” to Gulf oil producers whose local populations hold on to the oil era. Legacy: Gulf
UAE joins Egypt-led Eastern Med Gas Forum Abu Dhabi announced that it has joined the Eastern Mediterranean Gas Forum based in Cairo, as part of efforts to counter Turkey’s ambitions in the area. Egypt
