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
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
Saudi Arabia reports more non-oil exports, large amount of trade with China The kingdom is trying to reduce its dependence on oil. Legacy: Gulf
Saudi Arabia to maintain current debt amount Saudi public debt has increased in recent years with the decline in global oil export revenues. By AL-MONITOR Staff
Can Israeli gas bridge Turkey-Israel rift? The dimming prospects of the EastMed pipeline project offer Turkey an opportunity to mend fences with Israel and break its isolation in the energy rivalry in the Eastern Mediterranean. Turkey
