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
Syrian oil spill could hit Cyprus soon The leakage came from a power plant in Syria's coastal city of Baniyas. News Brief
Russian rebuke of Turkey for Crimea support highlights Ankara's delicate balancing act Turkey's support for Crimea also highlights the growing value of Ukraine and Crimea for Ankara. Turkey
Iran, Hezbollah, Lebanon top Bennett's agenda with Biden Israel fears that Iran and Hezbollah will take advantage of the economic and political crisis in Lebanon to tighten their hold on the country. Israel
Egypt sends medical aid to Lebanon following fuel tank explosion At least 28 people who were trying to obtain fuel died when a tank exploded in northern Lebanon, prompting angry locals to burn the house of the site owner. By AL-MONITOR Staff
Iran again denies involvement in Gulf maritime incident The British military said a bitumen tanker off the coast of the UAE experienced a "potential hijacking," prompting a denial from Iran. Israel and the UK also blamed Iran for a drone attack last week that killed two crew members on an oil tanker. DONT USE - Gulf Pulse
Amid Iranian gas shortage, Iraq searches for alternatives Iran's dilapidated gas infrastructure has limited its transfers to Iraq, adding to Iraq's own energy crisis. Iraq
Chinese oil companies fill void in Iraq As major Western oil companies reconsider their positions in Iraq, China is seizing the opportunities offered by their departure. Iraq
Oil prices fall after OPEC+ raises production limits The Organization of the Petroleum Exporting Countries plus Russia agreed to increase production limits for some member states Sunday following a demand by the United Arab Emirates. DONT USE - Gulf Pulse
Erdogan: Turkey will continue oil exploration in disputed eastern Mediterranean Turkey's president may be upping the ante against Greece, Cyprus and the European Union. Turkey
Will high oil prices setback Gulf reforms? Push harder or take a breath on economic reforms? The question can be tricky for Gulf rulers Legacy: Gulf
The Takeaway: Iran deal on front burner before Raisi takes office Also: Bibi plots his comeback, a woman boxing coach trains men in Egypt, and the latest from Gaza, Jordan, Iraq, and Turkey. Iran
