Qatar locks in US LNG through 2054 as it looks beyond Hormuz The Gulf state agreed to buy up to 4 million tons of US liquefied natural gas annually through 2054. Qatar
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. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
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. Bahrain
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. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis How much oil can cushion another Middle East supply shock? By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Saudi Arabia to maintain current debt amount Saudi public debt has increased in recent years with the decline in global oil export revenues. By AL-MONITOR Staff
Can Israeli gas bridge Turkey-Israel rift? The dimming prospects of the EastMed pipeline project offer Turkey an opportunity to mend fences with Israel and break its isolation in the energy rivalry in the Eastern Mediterranean. Turkey
Lebanese minister seeks economic boost with Iraq visit George Boushekian visited Baghdad this week to seek cooperation with his Iraqi counterparts and facilitate business deals between Iraqi and Lebanese entities amid Lebanon's economic crisis. News Brief
US alleviates Lebanon's sanctions concerns over energy deal US Ambassador to Lebanon Dorothy Shea provided a Treasury Department letter that addressed concerns over the energy plan's potential to violate sanctions on Syria. Lebanon
Islamic State cells impose levy on oil investors in northeastern Syria Islamic State cells are imposing levies on oil investors who have been contracted to work in oil fields in agreement with the controlling forces in northeastern Syria, as a share of the oil investment in a bid to finance their activities. Syria
Venezuela's Maduro plans to visit Iran 'very soon' Venezuelan President Nicolas Maduro said the two countries will sign new accords and "speed up processes of cooperation." Iran
Egypt ready to pump gas to Lebanon While Syria says the Arab Gas Pipeline on its territory is set and ready, Egypt announces that it is ready to export natural gas to Lebanon in the first quarter of 2022. Egypt
Syria, Iraq discuss boosting trade The two countries also discussed cooperation on oil imports earlier this year. News Brief
The Takeaway: Did Israeli PM help break deadlock over US weapons sale to UAE? Also: The Gulf and climate; Syrian refugees return from Belarus; Israel expands Golan settlements; Egypt wants assurances on gas pipeline; China-Ethiopia ties unsettle Egypt; Iran threatens sanctions on US; Building Sharjah … all in less than 1,200 words! By Andrew Parasiliti , Elizabeth Hagedorn , Joe Snell
Intel: Egypt seeks US sanctions assurance in gas plan for Lebanon Egypt's minister of petroleum and mineral resources says his government needs a guarantee from Washington that Cairo's involvement in the Arab Gas Pipeline project will be exempt from US sanctions on Syria. Egypt
Is Saudi defense reform a win-win for Washington and Riyadh? The US should consider a shift from arms sales to supporting Saudi defense industry reform and expansion. Legacy: Gulf
The Takeaway: Iran nuclear talks resume next week — What you need to know Turkish lira crisis hits Syria; Saudi, Syrian intel chiefs talk; Netflix drama evokes memories for Izmir’s Jews; Oman bets on logistics; Egypt, Tanzania deepen ties; Gaza’s women skateboarders — all in less than 1,500 words. By Andrew Parasiliti , Elizabeth Hagedorn , Joe Snell
