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
Iran oil exports to China fall sharply amid US sanctions, weakened demand China is by far Iran’s largest customer for oil, snapping up around 90% of the Islamic Republic’s shipments. Iran
Analysis Egypt walks tightrope between Turkey thaw and warmer Cyprus, Greece ties Analysts believe Egypt's rapprochement with Turkey will not affect its long-standing relations with Cyprus and Greece given the mutual benefits they share. By Sara Sherif
Qatari-led consortium signs $7B deal with Syria for 5,000 MW of electricity Syria’s electricity grid needs extensive expansion after 14 years of civil war. Syria
US backs more energy investment in Kurdistan region: Energy secretary Speaking at the Al-Monitor Global Institute event, US Energy Secretary Chris Wright signaled American support for further investment in Iraqi Kurdistan’s hydrocarbon resources. Iraq
AI chips, drones, jets: A look at Trump's $3.2 trillion megadeals during Gulf trip Amid photo ops and lavish receptions, President Donald Trump’s Gulf trip yielded $3.2 trillion in announced deals with Saudi Arabia, Qatar, and the UAE — though some details remain vague. United States
Turkey, Iraq leaders tout cooperation in Ankara, but major disputes persist The Turkish and Iraqi leaders signed 11 cooperation deals in Ankara, but talks yield no apparent breakthrough on suspended oil exports or electricity flow. Turkey
Goldman Sachs lowers oil forecast after OPEC+ boosts production: What to know Saudi Arabia, Russia and other members of OPEC+ announced another major production increase, sending oil prices below $60 a barrel. Saudi Arabia
OPEC+ moves up meeting as oil prices continue to drop: What to know Saudi Arabia has signaled it is willing to live with lower oil prices as US President Donald Trump calls for more production. Saudi Arabia
Kuwait renews Shell deal as it seeks to hit 4-million-bpd capacity target Kuwait, which has one of the lowest costs of production in the world, has lagged behind its regional peers in expanding oil production capacity. Kuwait
China’s Sinopec, Saudi Aramco to establish $4B energy venture: What to know The joint venture will engage in port operations, crude oil transportation and other activities at the refinery and petrochemical complex in the Gulei Port Economic Development Zone in Zhangzhou, in China's Fujian province. Saudi Arabia
Exclusive Turkey stops electricity sales to Iraq after Baghdad fails to settle $70M+ bill Turkey halted electricity exports to Iraq over unpaid dues, straining ties as Baghdad faces a summer power crunch and unresolved Kurdish oil disputes. By Amberin Zaman Reporting on geopolitics, minorities, human rights, culture
Saudi Arabia, UAE, Qatar face uneven 2025 growth as trade tensions rise: IMF While Gulf economies face only the Trump administration’s baseline 10% tariffs, the levies have already impacted oil prices and revenue, especially for rentier states like Saudi Arabia. Saudi Arabia
