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
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
US policy faces blind spots on China, Middle East The effects of US trade policy toward China may strike a blow on global markets and possibly affect US national security. Saudi Arabia
Iraq electricity minister: US will continue exemptions for Iranian electricity imports Iraqi Minister of Electricity Luay al-Khatteeb told Al-Monitor that US exemptions in the energy sector will continue amid tensions in US-Iran relations. Saudi Arabia
Iraq’s oil sector caught in crossfire between US, Iran US-Iran tensions have hit Iraq's oil industry, with ExxonMobil announcing an evacuation of its staff in Iraq to Dubai. Iraq
Saudi Arabia’s new 'freedom' gas Saudi Arabia has partnered with a US company to export LNG from Texas, and is looking for more LNG deals. Saudi Arabia
Oil dispute reignites Baghdad-Erbil tensions Baghdad and Erbil's relations have largely normalized following the Kurdistan Regional Government's failed independence referendum in 2017. However, the Kurdish failure to commit to the federal budget law risks tarnishing those relations. Iraq
US grants Iraq reprieve to continue buying Iranian gas The US is allowing Iraq to keep purchasing gas from Iran without sanctions, to allow Baghdad time to develop alternate sources. Legacy: Gulf
Iranian National Oil Company opens office in Iraq Tehran expands its economic and political influence in Iraq via its National Iranian Oil Company. Iraq
Energy tops agenda of Turkish FM's meetings in Iraq Turkey’s foreign minister is touring Iraq in a likely bid to boost ties with his country's oil-rich neighbor as the United States ends the waivers that allowed Turkey to buy oil from Iran. Iraq
Turkey seeks alternate oil sources as US ends Iran sanctions waivers Ankara vowed to defy US sanctions on Iran, but figures show Turkey heeding US restrictions and curtailing oil imports from Iran. Turkey
