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
Oil minister says Iran capable of resolving global fuel ‘crisis’ Iran’s oil minister said if sanctions targeting his country’s lifeline crude are lifted, the Islamic Republic will have every capability to tackle the world’s energy supply shortages. Iran
Hezbollah announces arrival of second Iranian fuel delivery The shipment could help Lebanon grapple with its worsening fuel crisis and also again defies US sanctions on Iran. News Brief
Lebanon raises fuel prices again The Lebanese government previously subsidized fuel prices amid the country's worsening economic crisis. Lebanon
Israel’s natural gas wealth fund disappoints Despite grand promises that billions of dollars would pour into Israel's sovereign wealth fund from maritime natural gas fields, little money has arrived. Israel
Lebanese energy plan includes Syria A meeting of Jordanian, Egyptian, Lebanese and Syrian ministers seems to have cracked Syria's isolation. Jordan
Power struggle over oil threatens Libya's fragile transition process Oil production shutdowns are increasingly likely as several players in the sector push their own agenda. North Africa
Egypt, Jordan, Syria agree to export gas to crisis-stricken Lebanon Syria also agreed to transfer Jordanian electricity to Lebanon, while Iran already sent fuel. News Brief
Iranian tanker carrying fuel for Lebanon to dock in Syria Hezbollah leader Hassan Nasrallah promised Iranian vessels would bring fuel to Lebanon amid its harrowing energy crisis. News Brief
Syrian oil spill could hit Cyprus soon The leakage came from a power plant in Syria's coastal city of Baniyas. News Brief
Russian rebuke of Turkey for Crimea support highlights Ankara's delicate balancing act Turkey's support for Crimea also highlights the growing value of Ukraine and Crimea for Ankara. Turkey
Iran, Hezbollah, Lebanon top Bennett's agenda with Biden Israel fears that Iran and Hezbollah will take advantage of the economic and political crisis in Lebanon to tighten their hold on the country. Israel
Egypt sends medical aid to Lebanon following fuel tank explosion At least 28 people who were trying to obtain fuel died when a tank exploded in northern Lebanon, prompting angry locals to burn the house of the site owner. By AL-MONITOR Staff
