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
Congress sides with Cyprus against Turkey as eastern Mediterranean heats up Congress just passed two bills siding with Cyprus in its territorial and natural gas dispute with Turkey. Turkey
Turkey’s energy miscalculations have hefty cost More than a third of Turkey’s installed power capacity remains idle after an ill-calculated rush for energy that has had a hefty financial and environmental cost. Turkey
Residents in northeast Syria brace for winter as oil smugglers thrive While Deir ez-Zor is shipping oil other places thanks in part to a man named Hyena, many of its residents are suffering from poverty and the cold. Syria
Turkish-Libyan security, maritime deals spike tensions Agreements between Turkey and Libya sparked anger among stakeholders in the Libyan civil war and in maritime drilling in the Mediterranean Sea. Turkey
Israel to begin exporting gas to Egypt next month In just a few weeks, Egypt should be receiving natural gas from Israel's Leviathan field. Egypt
Pressure mounts against importing Israeli gas to Jordan While Jordan is expected to start receiving natural gas from Israel in a matter of weeks, demands that the government cancel the deal are growing. Israel
PA turns to Russia in a bid to break from US sponsorship As part of its efforts to economically disengage from Israel, the Palestinian Authority seeks to establish bilateral relations with Russia in the energy field. Palestine
What is the fate of Baghdad-Erbil’s oil-for-budget agreement amid ongoing protests? Iraqi political sides vow to block a recent oil-for-budget agreement by Iraq’s caretaker government with the Kurdistan region. Iraq
Democratic leader pours cold water on Tulsi Gabbard’s bid to force Syria withdrawal The House’s No. 2 Democrat dealt a major blow to Tulsi Gabbard’s effort to force President Donald Trump to pull the remaining US troops out of Syria. Syria
Turkey sees greater partnership with Qatar than is apparent Turkey's commercial gains from its partnership with Qatar have been modest and the media fanfare over fresh bilateral accords is hard to comprehend. Saudi Arabia
Will Iran’s 50% gas price hike pay off for the economy? Iran’s cutbacks on gas subsidies must be accompanied by a crackdown on corruption if they are to yield real benefits for the government. Iran
Smuggling crackdown highlights resilience of northeast Syria’s oil trade Despite a joint Kurdish-US crackdown against oil smugglers from northeast Syria toward government-controlled territories, trade continues. Syria