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
What’s behind the Egypt, Cyprus rapprochement? Egypt, Greece and Cyprus have been taking steps to get closer to one another, culminating their rapprochement with the Eastern Mediterranean Gas Forum that would obstruct the Turkish drilling for gas in the Cypriot Exclusive Economic Zone, according to observes. Egypt
Zarif says foreign ships making Gulf 'less safe' Iranian officials continue to push back against the naval presence of the United States and United Kingdom in the Persian Gulf. United States
Can Iran combat corruption in petroleum sector? Iran is showing a greater transparency about corruption, perhaps in part because of the problems caused by sanctions, but has a long way to defeat this scourge. Iran
PA mulls over importing fuel from Iraq The Palestinian Authority weighs its options to import fuel from Iraq through Jordan as a step toward economic disengagement from Israel, but will the Paris Protocol allow it to do so? Palestine
Why US companies seek role in Egyptian oil sector The Egyptian oil and natural gas market is witnessing a significant expansion of US companies and although some observers are concerned about this expansion, most agree that this reflects the stability and neutrality of the Egyptian market and is in its favor in the near and long terms. Qatar
Turkish muscle flexing in Mediterranean rekindles Cyprus peace efforts Turkey's aggressive behavior in the Eastern Mediterranean over drilling for gas has focused the minds of Greek and Turkish Cypriot leaders on getting back to the negotiating table. Turkey
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
