Explainer After UAE and Qatar, could Iraq be next to leave OPEC? Iraq is seeking a higher production quota as the effective closure of the Strait of Hormuz has slashed oil revenues and plunged the country into a fiscal crisis. Iraq
Explainer Syria’s energy push could soon get a major boost from Chevron: What to know The country's leaders are seeking to translate a flurry of oil and gas agreements into concrete investments and rebuild an industry devastated by more than a decade of war, sanctions and isolation. Syria
Oil falls below $74 as Hormuz traffic recovers after Iran war Brent crude, the international benchmark for oil prices, was trading at $73.81 a barrel at 10:40 a.m. EDT, down 4.2% from Tuesday's close. Iran
Explainer Hormuz tolls, frozen funds pose early tests for US-Iran peace progress Early cracks are beginning to show following last week’s US-Iran deal announcement even as both sides move ahead with steps toward ending the four-month conflict. Iran
Natural gas profits finally put Israel's wealth fund into business After four disappointing years, Israel’s wealth fund, based on tax revenues from natural gas companies, has enough money to begin making investments. Israel
Israeli natural gas revenues boom With a projected increase in output, Israel will have the opportunity to boost exports to Europe. Israel
Dubai supplier to replace coal with natural gas in bid to reduce carbon emissions The Abu Dhabi National Oil Company signed an agreement to provide Dubai with natural gas, which will be used to generate electricity. Natural gas is a relatively clean fuel but does lead to carbon emissions. United Arab Emirates
Why Hezbollah won't torpedo Lebanon's maritime border talks with Israel Israeli sources believe that Hezbollah Secretary-General Hassan Nasrallah realizes how important it is for economically failing Lebanon to reach an agreement with Jerusalem on its maritime border and the extraction of natural gas. Israel
Energy, dams boost Egypt’s clout in Africa Egypt has emerged as a regional energy power in recent years and is using its electricity and gas surpluses and experience in building dams to boost its foothold in Africa. Egypt
Oil prices fall following Saudi-backed OPEC+ production cut The decrease in production could be a message from Saudi Arabia to the US over the Iran nuclear deal. Legacy: Gulf
Oil spill darkens Egyptian tourist town Ahead of the Cop27, an oil spill in Egypt highlights the country’s inability to deal with environmental disasters. Egypt
On visit to Algeria, France’s Macron advances post-colonial reconciliation The presidents of France and Algeria signed Aug. 27 a pact for a new partnership between the two countries, announcing the setting up of a joint historian commission to explore the colonial period, alleged French crimes and the bloody eight-year independence war. Algeria
Israel to invest more in Egyptian renewable energy projects Israel plans to invest more in the field of power generation with renewable energy in Egypt, after two Israeli companies announced a major plan to carry out several projects to this effect. Egypt
UAE non-oil trade increases as Gulf state seeks reduced oil dependence The news follows trade agreements the Gulf state made with Israel and India. United Arab Emirates
Oil smuggling in Syria worsens pollution in Euphrates River The residents living near the Euphrates River in northeast Syria are suffering the consequences of water pollution mainly caused by oil spills resulting from smuggling operations between the areas held by the Kurdish forces and the Syrian government. Syria
Leaking tankers threaten health, livelihoods along Yemen's coast A series of recent pollution incidents in the port of Aden has brought newfound urgency to addressing the hazardous vessels. Legacy: Gulf
