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
Will Egypt privatize electricity delivery? Two international companies have approached the Egyptian government about buying shares in three of its electricity stations, sparking discussion over the pros and cons of privatizing energy distribution. Originals
US policy faces blind spots on China, Middle East The effects of US trade policy toward China may strike a blow on global markets and possibly affect US national security. Saudi Arabia
Iraq electricity minister: US will continue exemptions for Iranian electricity imports Iraqi Minister of Electricity Luay al-Khatteeb told Al-Monitor that US exemptions in the energy sector will continue amid tensions in US-Iran relations. Saudi Arabia
Iraq’s oil sector caught in crossfire between US, Iran US-Iran tensions have hit Iraq's oil industry, with ExxonMobil announcing an evacuation of its staff in Iraq to Dubai. Iraq
Saudi Arabia’s new 'freedom' gas Saudi Arabia has partnered with a US company to export LNG from Texas, and is looking for more LNG deals. Saudi Arabia
Oil dispute reignites Baghdad-Erbil tensions Baghdad and Erbil's relations have largely normalized following the Kurdistan Regional Government's failed independence referendum in 2017. However, the Kurdish failure to commit to the federal budget law risks tarnishing those relations. Iraq
US grants Iraq reprieve to continue buying Iranian gas The US is allowing Iraq to keep purchasing gas from Iran without sanctions, to allow Baghdad time to develop alternate sources. Legacy: Gulf
Iranian National Oil Company opens office in Iraq Tehran expands its economic and political influence in Iraq via its National Iranian Oil Company. Iraq
Energy tops agenda of Turkish FM's meetings in Iraq Turkey’s foreign minister is touring Iraq in a likely bid to boost ties with his country's oil-rich neighbor as the United States ends the waivers that allowed Turkey to buy oil from Iran. Iraq
Turkey seeks alternate oil sources as US ends Iran sanctions waivers Ankara vowed to defy US sanctions on Iran, but figures show Turkey heeding US restrictions and curtailing oil imports from Iran. Turkey
Forget oil sanctions, end of nuclear cooperation waivers could quietly kill Iran deal While the United States' stepping up of oil sanctions has gotten more attention lately, a greater threat to the nuclear deal involves the waivers allowing cooperation with Iran on nonproliferation. United States
Iran leadership shrugs off US oil sanctions, pledges response Iran's supreme leader says the US plan to cap the flow of his country's oil will lead nowhere, pledging a "response to the US hostility." Saudi Arabia