Why UAE's decision to leave OPEC is major shift for cartel The UAE accounts for 12% of OPEC's output, but tensions had been simmering over intragroup rivalries and the country wanting to export more oil. United Arab Emirates
Breaking | Last Updated: April 28, 2026, 8:54 am UAE to leave OPEC on May 1 The United Arab Emirates says it will focus more on domestic production amid the US-Israel-Iran war. United Arab Emirates
Why did the Met Opera lose its Saudi funding deal? The deal, announced as a nonbinding memorandum of understanding last September, would have seen the PIF inject up to $200 million into the opera institution over the next eight years. Saudi Arabia
Analysis Gulf energy deals face Iran war stress test as global expansion meets oil shock By Samuel Wendel In Washington, DC, reporting on regional business and tech
Report: Energy producers in Middle East to earn billions less in oil revenues The International Monetary Fund's prediction that was reported by The Associated Press is the latest negative outlook for Middle Eastern economies. Originals
Iran cuts oil production and storage is nearly full amid pandemic, US sanctions Reuters reported that Iran's onshore storage facilities are nearly full while production is at its lowest point since the Iran-Iraq war. United States
Israel approves exploration, bidding on disputed offshore field Energy Minister Yuval Steinitz announced June 23 the opening of bidding for drilling in Block 72, off Israel’s northern shores, which Lebanon says is adjacent to its own fields. Israel
Israel, Egypt energy ties so far unaffected by coronavirus crisis, annexation plan Despite the coronavirus crisis and the annexation plan, agreements to export Israeli natural gas to Egypt remain intact. Israel
OPEC continues oil export cuts in June Global oil prices continue to hold up relative to earlier in the year as oil-producing countries in the Middle East struggle economically. Legacy: Gulf
US troops 'secure' northeast Syria oil, as contamination from it imperils lives Dilapidated pipelines and oil waste coat polluted rivers and streams in Kurdish-run northeast Syria. Syria
IMF official: Gulf economies to contract by 7.6% in 2020 The International Monetary Fund official's predictions are worse than earlier ones as the Gulf deals with oil price drops and the COVID-19 pandemic. Legacy: Gulf
Intel: Democrats try to stymie Trump’s 'secure the oil' mission in Syria Democrats are turning up the heat on President Donald Trump’s “secure the oil” mission in northeast Syria. Originals
Pompeo dismisses Rouhani’s terms for talks as Iran admits ‘no plan B’ for Syria Israel, Iran and the United States are all not backing down in Syria, but US-Iran prisoner talks may still have a chance. Iraq
Intel: US sanctions Iranian ships for delivering oil to Venezuela The United States sanctioned the captains of five Iranian vessels today for delivering oil to Venezuela. Originals
General Electric helps increase electricity generation in Iraq Power stations that General Electric helped develop and improved exploitation of natural gas boost Iraq's energy infrastructure as the country seeks alternatives to imported energy from Iran. Iraq
Turkey, Italy conduct joint submarine drill in the Mediterranean Other Mediterranean states have criticized Turkish actions in the sea recently. Turkey
