Oil and gas

The Chinese-flagged container shipping vessel Hui Fa transits the Gulf of Oman off the coast of Khor Fakkan in the emirate of Sharjah east of the UAE, on Oct. 13, 2026.

Gulf oil exports surpass prewar levels despite escalating tanker attacks

According to data from Kpler, oil shipments through the Strait of Hormuz and alternative routes across the Middle East averaged more than 24 million barrels a day last week, surpassing prewar levels of 23.3 million.

In Bristol, reporting on regional business, climate change, AI, tech

Benoit Tessier / AFP via Getty Images

Macron secures Gulf diesel supplies as France grapples with fuel costs, unrest

France now has commitments for 295,000 metric tons of diesel per month from the Gulf, accounting for just over 10% of the European country’s consumption.

shoppers walking through the Tajrish Bazaar, a traditional market in Tehran

Analysis

As Iran’s oil lifeline runs dry, can it outlast Trump's economic siege?

The country's last barrels of crude stockpiled beyond the reach of a US naval blockade fell to zero in October, raising the stakes for Tehran amid mounting economic distress.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

A vessel transits the Gulf of Oman

Analysis

How much oil can cushion another Middle East supply shock?

Global oil inventories stood at 3.35 billion barrels in October, the lowest level on record since January 2017, according to Kpler.

In Bristol, reporting on regional business, climate change, AI, tech

Latest News

Explainer

Russian diesel heads to Morocco as supply crunch grips global markets

Fuel prices are displayed at a petrol station in Rabat

Explainer

Aramco HQ attack exposes Saudi defense gaps, infrastructure vulnerabilities

Flames burn at a facility belonging to Saudi oil giant Aramco south of Riyadh

Explainer

IMF projects Gulf rebound in 2027. Can energy production keep pace?

TOPSHOT - Smoke rises from the direction of an energy installation in the Gulf emirate of Fujairah on March 14, 2026. Smoke could be seen rising from the direction of a major UAE energy installation on March 14, in what appeared to be the latest strike targeting the Gulf's petroleum facilities hours after the US struck Iran's Kharg Island. (Photo by AFP via Getty Images) /

Hormuz attacks spike after US airstrike on Iran-linked tanker

A cargo ship is pictured off coast of the Khor Fakkan Container Terminal, along the Gulf of Oman, on June 28, 2026, after Iran's top diplomat warned that any attempt by shipping to bypass its preferred route through the Strait of Hormuz would "increase tensions" in the Middle East.

Jared Szuba

In Washington, DC, reporting on defense, national security, military

A displaced Syrian man works at a makeshift oil refinery near the village of Tarhin in an area under the control of Turkish-backed factions in the northern countryside of Aleppo, Syria, Feb. 25, 2021.

Oil smuggling in Syria worsens pollution in Euphrates River

The residents living near the Euphrates River in northeast Syria are suffering the consequences of water pollution mainly caused by oil spills resulting from smuggling operations between the areas held by the Kurdish forces and the Syrian government.

Oil beach Yemen

Leaking tankers threaten health, livelihoods along Yemen's coast

A series of recent pollution incidents in the port of Aden has brought newfound urgency to addressing the hazardous vessels.

A flame from a Saudi Aramco oil installation known as Pump 3 is seen in the desert near the oil-rich area of Khouris, 160 kilometers east of Riyadh, on June 23, 2008.

Oil prices fall to another low

Saudi Arabia has benefited from high oil prices this year, though prices appear to be falling somewhat on the back of production increases.

The National Oil Company is seen in the northern town of Ras Lanuf, Libya, June 3, 2020.

Security unrest sparks protests in southern Libya, threatens oil output

The Libyan oil sector is once again threatened amid security and political turmoil, most recently with protests breaking out in the oil-rich southern region, which has been marginalized for years.

This picture taken on Jan. 13, 2022, shows a view of the Shubra al-Kheima natural gas electrical power station.

Saudi Arabia secures funding for electricity interconnection with Egypt

Egypt just approved a plan to ration electricity, though the government said there is not a shortage of power.

The Turkey-flagged Abdulhamid Han.

Fourth Turkish drilling ship begins energy exploration in Mediterranean

Past Turkish energy exploration activities took place in waters claimed by Greece and Cyprus, leading to significant tensions.

Chinese traditional dance teams perform during the inauguration ceremony of the Yanbu Aramco Sinopec Refining Company.

Saudi Arabia-China relations strengthen with Aramco-Sinopec deal

The ties between China and Saudi Arabia are largely based on trade and energy cooperation.

Saudi Energy Minister Abdulaziz bin Salman bin Abdulaziz Al Saud addresses the 29th annual Middle East Petroleum and Gas Conference.

OPEC+ agrees to small oil production increase

US President Joe Biden may have been hoping for a larger boost in production.

The sign at the entrance to the Russian branch of the Jewish Agency for Israel office is seen in this photo, Moscow, Russia, July 28, 2022.

Is Russia escalating Jewish Agency crisis because of Israel's stance on Ukraine?

Some Israeli security and diplomatic experts believe that Russian President Vladimir Putin instigated the Jewish Agency crisis to pressure Israel against selling natural gas to Europe.

Saudi Aramco acquires lubricant giant Valvoline

Aramco has been investing in futuristic technology amid high oil prices and profits.

Price tags are seen on a market shelf of fresh fruit and vegetables on May 05, 2022, in Istanbul, Turkey.

Turkey raises inflation forecasts

The Turkish lira is also again falling close to historically low levels against the US dollar.

Russian President Vladimir Putin speaks as he attends the inauguration ceremony of new gas pipeline, TurkStream.

Turkey, Russia gas ties grow contentious amid Ukraine war

Russian gas giant Gazprom’s sudden “maintenance" shutdown of a major pipeline carrying gas to Turkey coincided with the talks over Finland's and Sweden’s NATO membership bids.