Why UAE's decision to leave OPEC is major shift for cartel The UAE accounts for 12% of OPEC's output, but tensions had been simmering over intragroup rivalries and the country wanting to export more oil. United Arab Emirates
Breaking | Last Updated: April 28, 2026, 8:54 am UAE to leave OPEC on May 1 The United Arab Emirates says it will focus more on domestic production amid the US-Israel-Iran war. United Arab Emirates
Why did the Met Opera lose its Saudi funding deal? The deal, announced as a nonbinding memorandum of understanding last September, would have seen the PIF inject up to $200 million into the opera institution over the next eight years. Saudi Arabia
Analysis Gulf energy deals face Iran war stress test as global expansion meets oil shock By Samuel Wendel In Washington, DC, reporting on regional business and tech
Biden eyes Qatar as major non-NATO ally The upgrade in ties comes as the United States is seeking Doha's help in supplying natural gas to Europe. Qatar
Iran’s gas cut exposes Turkey’s vulnerability to energy risks Ankara’s energy preparedness for the winter and its capacity to secure alternative supplies have come under question after a halt in the gas flow from Iran sparked an unprecedented energy crunch in the country. Turkey
Lebanon signs new electricity deal with Jordan, Syria A previously announced agreement to export Egyptian gas to Lebanon has yet to come to fruition. Lebanon
Israel says maritime talks with Lebanon to resume next week The Israel Energy Ministry said talks would resume with its longtime foe over natural gas exploration in the eastern Mediterranean. News Brief
Qatar’s emir heads to Washington next week, report Discussions are likely to include Iran negotiations, Afghanistan and a US effort to provide alternative energy supplies to Europe in the event Russia invades Ukraine. Washington Connection
Saudi Arabia reports more non-oil exports, large amount of trade with China The kingdom is trying to reduce its dependence on oil. Legacy: Gulf
Saudi Arabia to maintain current debt amount Saudi public debt has increased in recent years with the decline in global oil export revenues. By AL-MONITOR Staff
Can Israeli gas bridge Turkey-Israel rift? The dimming prospects of the EastMed pipeline project offer Turkey an opportunity to mend fences with Israel and break its isolation in the energy rivalry in the Eastern Mediterranean. Turkey
US alleviates Lebanon's sanctions concerns over energy deal US Ambassador to Lebanon Dorothy Shea provided a Treasury Department letter that addressed concerns over the energy plan's potential to violate sanctions on Syria. Lebanon
Lebanese minister seeks economic boost with Iraq visit George Boushekian visited Baghdad this week to seek cooperation with his Iraqi counterparts and facilitate business deals between Iraqi and Lebanese entities amid Lebanon's economic crisis. News Brief
Islamic State cells impose levy on oil investors in northeastern Syria Islamic State cells are imposing levies on oil investors who have been contracted to work in oil fields in agreement with the controlling forces in northeastern Syria, as a share of the oil investment in a bid to finance their activities. Syria
Venezuela's Maduro plans to visit Iran 'very soon' Venezuelan President Nicolas Maduro said the two countries will sign new accords and "speed up processes of cooperation." Iran
