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
Report: Trump threatened to remove US troops from Saudi if no oil production cut Trump told the Saudi Crown Prince that US troops would leave Saudi Arabia if OPEC did not cut production, according to a new report. Saudi Arabia
Russia doubles down on Iraq despite COVID-19 Moscow and Baghdad continue to plot a course for bilateral relations, though the process is being complicated by Iraq’s precarious political situation and the global coronavirus crisis. Iraq
What oil markets' 'bloody Monday' means for Gulf producers Gulf producers must navigate between an angry White House and Congress, with the threat of tariffs, and uncertainty regarding Asian partners and demand as a result of the pandemic. Legacy: Gulf
Is the new OPEC+ deal a win for Russia? The new OPEC+ deal has some advantages for Russia but some of the potential long-term implications may be dire for Moscow. Saudi Arabia
Is Oman’s model of governance about to shift? Oman's debts are piling up as oil prices crash, putting at risk its wide-reaching social welfare system. Oman
Amid Saudi-Russia price war, US on track to become net oil importer: Report The coronavirus and the Saudi-Russia oil price war are contributing to a fall in US oil production and the United States is expected to become a net oil importer again in the fall. Saudi Arabia
Intel: Russia rebuts Trump’s claim that Saudis agreed to oil compromise President Donald Trump tweeted on Thursday that Russia and Saudi Arabia agreed to a compromise to end the ongoing oil price war after a discussion between President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman. Saudi Arabia
Can Iran's president turn around its economy? Iran's economic plight — compounded by US sanctions, low oil prices and COVID-19 — depends on risky and difficult reforms for a turnaround. Iran
Saudis risk losing last Republican defenders with oil price war The oil price war places the Saudis at risk of losing their previously stalwart defenders on Capitol Hill, the last line of defense against legislation targeting the kingdom. Saudi Arabia
Can Russia, Saudi Arabia strike new OPEC+ deal with US help? As the OPEC+ deal has expired, Russia and Saudi Arabia remain at odds, though the United States offered encouraging words that production cuts might be negotiated. Saudi Arabia
How will the COVID-19 crisis impact US-Iran tensions? If Iran can hold out long enough against COVID-19, Tehran and Washington might be able to come to terms. United States
Intel: Republicans dial up pressure on Saudis to end oil price war with Russia Republicans are throwing their weight behind the Donald Trump administration’s push to get Saudi Arabia to end its oil price war with Russia, which has increasingly squeezed American energy companies as the coronavirus runs rampant throughout the United States. Saudi Arabia
