Analysis Why the Hormuz oil shock never became an energy catastrophe The US-Israel-Iran war produced a historic oil supply shock but not a severe global economic crisis, due to ample prewar supplies, China's energy pivot and strategic reserve releases. By Samuel Wendel In Washington, DC, reporting on regional business and tech
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
What oil markets' 'bloody Monday' means for Gulf producers Gulf producers must navigate between an angry White House and Congress, with the threat of tariffs, and uncertainty regarding Asian partners and demand as a result of the pandemic. Legacy: Gulf
Is the new OPEC+ deal a win for Russia? The new OPEC+ deal has some advantages for Russia but some of the potential long-term implications may be dire for Moscow. Saudi Arabia
Is Oman’s model of governance about to shift? Oman's debts are piling up as oil prices crash, putting at risk its wide-reaching social welfare system. Oman
Amid Saudi-Russia price war, US on track to become net oil importer: Report The coronavirus and the Saudi-Russia oil price war are contributing to a fall in US oil production and the United States is expected to become a net oil importer again in the fall. Saudi Arabia
Intel: Russia rebuts Trump’s claim that Saudis agreed to oil compromise President Donald Trump tweeted on Thursday that Russia and Saudi Arabia agreed to a compromise to end the ongoing oil price war after a discussion between President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman. Saudi Arabia
Can Iran's president turn around its economy? Iran's economic plight — compounded by US sanctions, low oil prices and COVID-19 — depends on risky and difficult reforms for a turnaround. Iran
Saudis risk losing last Republican defenders with oil price war The oil price war places the Saudis at risk of losing their previously stalwart defenders on Capitol Hill, the last line of defense against legislation targeting the kingdom. Saudi Arabia
Can Russia, Saudi Arabia strike new OPEC+ deal with US help? As the OPEC+ deal has expired, Russia and Saudi Arabia remain at odds, though the United States offered encouraging words that production cuts might be negotiated. Saudi Arabia
How will the COVID-19 crisis impact US-Iran tensions? If Iran can hold out long enough against COVID-19, Tehran and Washington might be able to come to terms. United States
Intel: Republicans dial up pressure on Saudis to end oil price war with Russia Republicans are throwing their weight behind the Donald Trump administration’s push to get Saudi Arabia to end its oil price war with Russia, which has increasingly squeezed American energy companies as the coronavirus runs rampant throughout the United States. Saudi Arabia
Archive Upfront from Mar 26, 2020 Turkey appears to want more than Syria’s oil Like Moscow and Washington, Ankara seems to be coveting the oilfields of Deir ez-Zor in Syrian Kurdistan, which Kurds fear would give Turkey an opening to take over the entire Rojava area. Syria
Intel: How the US is relying on Riyadh to reassure global markets In a phone call with Crown Prince Mohammed bin Salman on Tuesday, US Secretary of State Mike Pompeo urged Saudi Arabia to “rise to the occasion” as the escalating coronavirus crisis and the kingdom’s standoff with Russia continue to hammer global markets. Saudi Arabia
