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
Which airlines are cutting flights amid Hormuz fuel disruption? European and Asian airlines have been most impacted by the closure of the Strait of Hormuz, which is throttling jet fuel supplies. Iran
How are Iran-linked tankers still moving through Hormuz blockade? At least 19 Iran-linked tankers have passed through the US blockade on the strait to exit the Gulf while at least 15 have entered, according to the cargo-tracking group Vortexa. Iran
Iran seizes two cargo ships in Hormuz after Trump extends ceasefire The IRGC Navy’s seizure of two cargo vessels follows US Navy interdictions of two Iran-linked crude oil tankers in the Arabian Sea and the Indian Ocean earlier this week. Iran
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
Analysis How long can Iran's economy weather US naval blockade? By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
As GCC turns 40, all eyes on post-oil era The GCC alliance hopes for greater future economic growth in the Gulf. Legacy: Gulf
Egypt sets conditions for full normalization with Turkey Egyptian Foreign Minister Sameh Shoukry laid down several conditions that would serve as a basis for normalizing ties with Turkey, in light of the recent attempts at rapprochement between the two countries. Egypt
Biden administration poised to ax US oil company’s waiver for Kurdish-led northeast Syria The decision to withdraw the waiver to produce and sell oil in Syria has been presented by administration officials as a policy correction, not a shift. Syria
Fire breaks out at Kuwait's largest oil field Two workers were injured at the Greater Burgan field in southeast Kuwait. News Brief
Egypt rolls out $1 billion for oil exploration in Western Desert Egyptian companies are planning more than $1 billion in investments in the oil and natural gas sector in the Western Desert region. Egypt
Saudi oil company Aramco reports profit increase for start of 2021 The Saudi state-owned oil company's profits went up 30% due to the improved global economy amid the continued COVID-19 pandemic, according to its CEO. DONT USE - Gulf Pulse
Iraqi, Syrian oil ministers discuss gas imports The Iraqi and Syrian oil ministers talked about the possibility of transporting Egyptian gas to Iraq through Syria during a meeting in Baghdad. News Brief
Israeli company sells shares in natural gas field to Emirati group In a demonstration of the economic dividends of the Abraham Accords, Abu Dhabi's Mubadala Petroleum is buying Israeli Delek Drilling’s shares in the Tamar natural gas field. Israel
Did Egypt make concessions in Halayeb and Shalateen issue to satisfy Sudan? Sudan’s Ministry of Energy and Oil announced the updating of the map of the oil blocs in Sudan to be put up for international oil and gas investment, which includes blocs in the disputed area of Halayeb and Shalateen with Egypt, which raises questions as to possible new agreements between the two sides. Egypt
Qatar LNG expansion plan turns spotlight back on methane emissions The natural gas industry is a major emitter of methane, a powerful greenhouse gas that receives less attention than carbon dioxide, despite having a much higher warming potential. Qatar
Egypt eyes liquefied gas exports to Asian markets For the first time in eight years, Egypt resumed operations of its two liquified natural gas stations in Idku and Damietta, a step many experts say would turn Cairo into a regional hub for LNG exports. Egypt
Freeing jammed Suez Canal ship could take 'days to weeks' Eight tugboats are working to refloat the Ever Given, which has been wedged sideways in the Suez Canal since Tuesday. Egypt
