UAE battles tanker oil spill as war's environmental toll mounts Gulf oil spills have become more frequent since the beginning of the US-Israel-Iran war on Feb. 28. United Arab Emirates
Qatar locks in US LNG through 2054 as it looks beyond Hormuz The Gulf state agreed to buy up to 4 million tons of US liquefied natural gas annually through 2054. Qatar
Gulf oil exports surpass prewar levels despite escalating tanker attacks According to data from Kpler, oil shipments through the Strait of Hormuz and alternative routes across the Middle East averaged more than 24 million barrels a day last week, surpassing prewar levels of 23.3 million. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Macron secures Gulf diesel supplies as France grapples with fuel costs, unrest France now has commitments for 295,000 metric tons of diesel per month from the Gulf, accounting for just over 10% of the European country’s consumption. Bahrain
Analysis As Iran’s oil lifeline runs dry, can it outlast Trump's economic siege? By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis How much oil can cushion another Middle East supply shock? By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Iraqi court's ruling on KRG gas puts Turkey on the spot A top Iraqi court has ruled that the 2007 oil and gas law affecting the Kurdistan Regional Government is unconstitutional in a heavy blow to the KRG and its energy deals with Turkey. Turkey
Egypt breaks LNG export records with eye on Europe The country recorded 10-year high sales in 2021 following a jump in global prices and resumption of production in its second liquefied gas facility, a flow local authorities hope to maintain as they try to become a regional hub and major player in the market. Egypt
Qatar National Bank launches environmentally friendly finance project The Doha-based bank will loan cash to the British bank HSBC to be used for green transportation investments. By AL-MONITOR Staff
Negotiations likely to start over in Israel-Cyprus gas field dispute Israel’s Energy Minister Karine Elharar is reexamining the Israel-Cyprus dispute over the gas field on their maritime border. Israel
Egypt raises fuel prices The move follows oil prices reaching a seven-year high on the back of supply coordination by OPEC and Russia. News Brief
The Takeaway: Yemen’s future may be affected by Iran talks Iran and Israel; Iran and China; Iran and Turkey; Hamas alternative to "Fauda"; and more … all in less than 1,400 words. Legacy: Gulf
Next phase of China-Iran ties depends on nuclear talks Iran and China's long-term strategic partnership awaits any new outcome of the JCPOA. Iran
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
