Explainer IMF projects Gulf rebound in 2027. Can energy production keep pace? Restoring shipping access in the Strait of Hormuz is only part of the recovery, as Gulf producers also need to repair damaged infrastructure to avoid further disruption to production and exports. Saudi Arabia
Hormuz attacks spike after US airstrike on Iran-linked tanker Six commercial vessels were hit in just one day in the Strait of Hormuz after an American fighter jet disabled an Iran-linked tanker that military officials accused of attempting to run the US naval blockade. By Jared Szuba In Washington, DC, reporting on defense, national security, military
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
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
Draft law on hydrocarbons sparks another quarrel between regime, protest movement in Algeria The Algerian government recently approved a law to regularize the energy sector, which was rejected by protesters. Algeria
Syria looks to revitalize oil production to attract investors Syrian President Bashar al-Assad is tightening the regime's grip on oil fields with an eye toward their eventual rehabilitation. Syria
Pentagon weighs options to deter Russians in Syria After Russian forces in Syria appeared to be heading toward oil fields, the Pentagon proposed deploying tanks as a measure to guard the installations, a US official told Al-Monitor. Iraq
Trump administration scrambles to salvage US troop presence in Syria President Trump says he would leave some US troops in Syria to keep the Assad regime and Iranian forces away from oil fields; the Syrian Democratic Forces commander speaks with both Trump and the Russian army chief of staff. Iraq
Pentagon guardianship of Syrian oil fields faces pushback For days now, despite Turkish forces jeopardizing a fragile US-brokered cease-fire in northern Syria, President Donald Trump has insisted that American forces have secured oil fields liberated from the Islamic State. Syria
Does Egypt really have gas self-sufficiency? Despite the frequent announcements by Egyptian Minister of Petroleum and Mineral Resources Tarek el-Mulla of achieving self-sufficiency in natural gas and halting imports, in addition to the completion of the phases of operation of Zohr field, Cairo's continued import of Israeli gas stirred confusion. Egypt
Will re-pricing natural gas cast positive shadow over Egypt's industry? The Egyptian government recently decided to amend prices of natural gas used in industries, subject to changes depending on world market prices. Egypt
Going it alone: Saudi Arabia’s economic realities after oil attacks The energy sector is Saudi Arabia's lifeline, but it is more often a honey pot of domestic spending than a resource for future development. Saudi Arabia
Kurdish leaders support Iraq's embattled prime minister The Iraqi Kurdistan government is trying to calm protesters' demands for the central government's prime minister to be removed. Iraq
What did Lavrov discuss in Baghdad and Erbil? Russian Foreign Minister Sergey Lavrov visited Iraq to discuss a broad range of issues, with economy and security dominating the agenda. Iraq
Chinese energy giant bids farewell to $5 billion Iran project In what could be seen as yet another blow to Iran's sanctions-hit economy, China's state oil company has withdrawn from a major multibillion-dollar deal in the country's south. United States
Iraq, China launch 'oil for reconstruction' agreement Baghdad has forged a 20-year deal to supply Beijing with oil in exchange for Chinese investments in projects to repair Iraq's war-damaged infrastructure. Iraq
