Explainer Iraq seeks special Hormuz access from Iran in scramble to keep oil flowing As Iran's parliament speaker holds talks in Baghdad, Iraq has asked Tehran for special consideration for its oil exports. Iraq
Turkey looks to expand Syria energy footprint into oil, gas Turkish Energy Minister Alparslan Bayraktar said state oil giant TPAO and private companies are ready to explore for oil and gas onshore and offshore in Syria. Turkey
Oil nears $92 on UAE missile alert as Trump claims Iran talks stuck Brent crude climbed near $92 a barrel on Tuesday, reaching its highest level this month amid new escalatory developments. United Arab Emirates
Iran says understanding reached with Oman over new Hormuz route map Iranian Foreign Ministry spokesperson Esmail Baghaei told reporters in Tehran on Monday that “an understanding has been reached regarding the map of the transit route.” Iran
Analysis Libya’s oil revival faces new test as violence returns amid US peace push By Samuel Wendel In Washington, DC, reporting on regional business and tech
UAE to fast-track construction of second oil pipeline, bypassing Hormuz: What to know ADNOC, the UAE's state-owned oil company, has been ordered to prioritize completion of the pipeline to double oil exports through the Gulf Oman. United Arab Emirates
Uptick in Chinese tankers transiting Hormuz amid Trump-Xi summit President Donald Trump met Chinese President Xi Jinping in Beijing on Thursday, a meeting closely watched in Iran. United Arab Emirates
New Turkey maritime draft bill fuels EastMed tensions with Greece, Cyprus Turkey’s draft maritime bill seeks to formalize Ankara’s claims in the Aegean, Eastern Mediterranean and Black seas, raising tensions with Greece and Cyprus over contested maritime boundaries and offshore energy rights. Turkey
Syria restores Raqqa oil field in former ISIS stronghold: What to know Before Syria's civil war erupted in 2011, national oil production stood at between 400,000 and 500,00 barrels per day before falling to under 100,000 bpd during the conflict. Syria
US hits China-linked Iran oil trade with sanctions ahead of Trump trip The sanctions come after the United States rejected Iran's latest proposal to end the war. Iran
Aramco profits jump 26% as Hormuz disruption chokes supply Aramco CEO Amin Nasser said the market has already lost around 1 billion barrels of oil supply since the US-Israel-Iran war erupted on Feb. 28. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
China’s overland trade routes offer Iran wartime economic lifeline: What to know Cargo rail traffic between China and Iran has reportedly surged since the US blockade began in April as Tehran seeks overland trade alternatives to help buy time. Iran
Egypt ramps up energy investments amid war-driven price pressures Prime Minister Mostafa Madbouly said Wednesday that Egypt has secured commitments exceeding $19 billion from international oil companies over the next three years. Egypt
EU says energy costs tied to Hormuz crisis have surged past $35B Global energy price increases tied to the Hormuz disruption are driving higher import costs in Europe, despite limited reliance on gas flowing through the strait. Iran
Few ships pass Hormuz despite US efforts to break Iran's hold Only four commercial vessels had transited the strait in the 24 hours before Tuesday morning, according to ship-tracking data. Iran
Pentagon says Iran ceasefire continues despite UAE attack "We expected there would be some churn at the beginning," Defense Secretary Pete Hegseth said of the US Navy-led operation to open the Strait of Hormuz to commercial shipping. Iran
Analysis US banking on Iraqi turnaround with nomination of Zaidi as new PM Trump signals hope for a "tremendous new chapter” in US-Iraq ties with the nomination of Ali Al-Zaidi as prime minister. By Week in Review
