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
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
Intel: Amid maritime deal with Egypt, Greece invites UN court to settle sea dispute with Turkey Greek Prime Minister suggests that if no agreement can be reached, his country's dispute with Turkey over a maritime boundary should go to an international court. Egypt
The Takeaway: Will catastrophe reshape Lebanon’s social contract? The scoop on the Syrian Kurdish oil deal; Sisi to challenge Erdogan in Iraq and Syria; Lapid leads list of contenders to challenge Bibi; don’t shortchange Iraq’s resilience. Lebanon
Can Syria's Kurds reel in Turkey with profits from American oil deal? The recent deal signed between the SDF and a US oil company is as much about political brinkmanship as oil. Syria
Iranian supermarket opens in Venezuelan capital Iran and Venezuela maintain strong economic ties despite US sanctions on both countries. United States
US oil company signs deal with Syrian Kurds Sources told Al-Monitor the agreement to market oil in territory controlled by the US-backed Syrian Democratic Forces was signed “with the knowledge and encouragement of the White House.” Syria
Turkey stops eastern Mediterranean drilling, wants talks with Greece The area in which Turkey planned to drill for gas is considered by Greece and Cyprus to be their waters. Turkey
East Mediterranean tensions flare as Turkey seeks leverage in maritime border talks Surveying activities by a Turkish ship in the eastern Mediterranean Sea have put Greek forces on high alert as Ankara seeks leverage in regional maritime border disputes. Originals
Will Azeri-Armenian flare-up change energy game in South Caucasus? Azeri-Armenian clashes in the strategically significant Tavush area could be the harbinger of tectonic changes in the energy politics in the South Caucasus, Turkey and Iran. Turkey
Top German diplomat criticizes Turkey's drilling plans in Mediterranean German Foreign Minister Heiko Maas repeated the concerns of other European states regarding Turkey's gas drilling plans in what Greece and Cyprus consider their waters. Turkey
East-Med undersea pipeline project now ratified by Israel Advancing the East-Med project one step further, Israel’s government ratified the agreement signed last January with the governments of Cyprus and Greece. Israel
Massive pipeline fire injures 17 near Cairo The highway fire, which engulfed scores of cars, is believed to have been caused by leakage from a nearby crude oil pipeline. Egypt
US threatens sanctions in bid to restore oil sharing in Libya The US government raised the specter of sanctions on unspecified parties involved in Libya’s civil war yesterday after Libya’s oil authority accused the United Arab Emirates (UAE) of obstructing efforts to restore petroleum revenue sharing between the country’s warring sides. Libya
