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
Iraq still committed to energy ties with Saudi Arabia, Gulf states despite Iran electricity deal Iraq has signed an agreement with Iran to continue importing gas and electricity for two years. Saudi Arabia
EU criticizes Turkish energy exploration in Mediterranean Turkey disputes the European Union's position that the waters where Turkey hopes to drill for hydrocarbon belong to Greece and Cyprus. Turkey
Qatar makes massive LNG ship order The purchase by Qatar Petroleum from three South Korean companies comes as oil prices continue to rise from the lows earlier in the year. Qatar
Fourth Iranian tanker reaches Venezuela as US ups pressure A State Department official said it is warning companies about doing oil-related business with Venezuela as the ships continue to arrive. United States
Libya says oil blockade has cost $5 billion in lost revenue The Tripoli-based National Oil Corporation said the closure of oil facilities in January has led to billions in losses. Libya
Egypt announces international anti-Turkey alliance Egypt announced an international alliance that includes Greece, Cyprus, the United Arab Emirates and France to confront Turkish provocative moves in Libya and the Mediterranean. United Arab Emirates
Is Turkey on moderation path in its foreign policy? Conciliatory messages coming out of Ankara recently may appear as an effort to moderate Turkish foreign policy vis-a-vis the United States, Europe and Israel, but they are likely to be just maneuvering to weather the many stalemates in Turkey's foreign ties. Egypt
Global oil prices at highest since March following OPEC cuts Oil prices have fallen significantly this year as a result of the coronavirus and the Saudi-Russia price war, but Brent crude has now risen past $36. Saudi Arabia
Iranian tankers appear to be en route to Venezuela The United States has called for shipments between the two sanctioned countries to stop. United States
Iranian tanker on way to Venezuela despite US pressure The tanker passed through the Suez Canal on Wednesday. United States
Turkey’s intervention in Libya turns tide to Erdogan’s advantage, for now Ankara has thrown in its lot with the Government of National Accord for reasons that have more to do with its own interests than Libya’s. Turkey
Saudi Aramco first-quarter revenues fall The state-owned company still had a profit of $16.7 billion and gave its shareholders a big payout. Saudi Arabia