Analysis Gulf energy deals face Iran war stress test as global expansion meets oil shock ADNOC, Aramco and QatarEnergy have aggressively expanded their international portfolios in recent years, a strategy facing new constraints as the US-Israel-Iran war impacts Gulf production and exposes structural risks. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Oil rises, Gulf stocks slide after Iran ship seizure throws truce into doubt In a post on Truth Social on Sunday, US President Donald Trump said the US Navy fired at and seized an Iranian-flagged cargo ship in the Gulf of Oman. Iran
Analysis How long can Iran's economy weather US naval blockade? Analysts believe the blockade will choke exports for essential items coming into Iran, like food and medicines. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Why are Wall Street banks posting record profits amid Iran war? The US-Israel-Iran war has roiled the global economy since Feb. 28, but the resulting market volatility has boosted trading profits for some. Iran
Analysis How fast can Gulf energy production rebound after US-Iran ceasefire? By Samuel Wendel In Washington, DC, reporting on regional business and tech
UAE president heads to Russia to meet Putin as ties grow: What to know UAE President Sheikh Mohammed bin Zayed al-Nahyan is heading to Moscow on Thursday for an official visit, his second in less than a year as Russian-Emirati relations continue to develop rapidly. United Arab Emirates
Iran to close public offices as temperatures pass 105 F: What to know Iranian officials are seeking to reduce public energy consumption as water levels decrease throughout the country and power cuts persist. Iran
Aramco's Q2 profits fall 22% as lower oil prices weigh on earnings Saudi Arabian crude exports have been soaring, hitting a three-month high last month, though oil prices remain low. Saudi Arabia
UAE’s ADNOC inks 10-year gas deal with India: What to know The UAE is seeking to export more gas to India as domestic consumption is projected to rise in the South Asian country. United Arab Emirates
Iran mulls nixing zeros from currency as value plunges: What to know Iran has experienced massive inflation in recent years and is now contending with an energy crisis as well. Iran
Egypt inks offshore oil and gas deals with Eni, BP: What to know Egypt faces growing energy vulnerability due to declining natural gas production and heavy reliance on imported supplies. Egypt
Trump admin unveils largest-to-date Iran sanctions on oil 'shipping empire' The sanctions target more than 115 individuals, entities and vessels that the Treasury Department has linked to a network transporting oil from Iran and Russia. Iran
Turkey to begin natural gas exports to Syria on Aug. 2: What to know Turkey will supply gas via a swap deal with Azerbaijan, backed by Qatar financing, the Turkish energy minister said. Turkey
Turkey secures $2.8B green financing for Azerbaijan railway: What to know The 223-kilometer railway will connect to the existing train route that joins Turkey’s northeastern city of Kars and the Georgian and Azerbaijani capitals of Tbilisi and Baku. Turkey
Saudi crude oil exports hit 3-month high as production soars: What to know The increase comes as the kingdom is reeling from negative effects of lower oil prices and production boosts from OPEC+ under US pressure. Saudi Arabia
Why Turkey plans to end its 52-year oil pipeline deal with Iraq The Turkish decree stipulated that the 1973 Turkey-Iraq Crude Oil Pipeline Agreement — along with all amendments to the deal — would be terminated effective July 27, 2026. Turkey
Saudi Arabia's Diriyah awards Chinese firm $1.53B contract: What to know Saudi Arabia’s Diriyah Company has awarded a major contract to China Harbour Engineering Company for the development of a Vision 2030 project. China
