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
Iran denies involvement in Saudi attacks Iranian analysts believe the United States and Iran are not headed toward conflict after the attacks on Saudi Arabian oil facilities. Saudi Arabia
Intel: Why Russia boosts Iran even as Tehran pares nuclear deal commitments Despite their differences on Syria, Russia needs a stronger Iran as its partner. Russia
Will rancor or realism prevail in Turkish-Israeli ties? While there continues to be a large political gap between Turkey and Israel, economic ties continue to be strong despite the lack of a gas pipeline deal. Israel
Saudi Arabia selling the Aramco IPO, yet again Saudi Arabia is again preparing an initial public offering, but would a deal with China be better? Saudi Arabia
What’s behind the Egypt, Cyprus rapprochement? Egypt, Greece and Cyprus have been taking steps to get closer to one another, culminating their rapprochement with the Eastern Mediterranean Gas Forum that would obstruct the Turkish drilling for gas in the Cypriot Exclusive Economic Zone, according to observes. Egypt
Zarif says foreign ships making Gulf 'less safe' Iranian officials continue to push back against the naval presence of the United States and United Kingdom in the Persian Gulf. United States
Can Iran combat corruption in petroleum sector? Iran is showing a greater transparency about corruption, perhaps in part because of the problems caused by sanctions, but has a long way to defeat this scourge. Iran
PA mulls over importing fuel from Iraq The Palestinian Authority weighs its options to import fuel from Iraq through Jordan as a step toward economic disengagement from Israel, but will the Paris Protocol allow it to do so? Palestine
Why US companies seek role in Egyptian oil sector The Egyptian oil and natural gas market is witnessing a significant expansion of US companies and although some observers are concerned about this expansion, most agree that this reflects the stability and neutrality of the Egyptian market and is in its favor in the near and long terms. Qatar
Turkish muscle flexing in Mediterranean rekindles Cyprus peace efforts Turkey's aggressive behavior in the Eastern Mediterranean over drilling for gas has focused the minds of Greek and Turkish Cypriot leaders on getting back to the negotiating table. Turkey
Iraq plans to launch pipelines to export oil through Jordan, Syria Iraq plans to diversify its oil exports via new pipelines through Jordan and Syria. Iraq
EU downgrades diplomatic ties, funding with Turkey over Cyprus gas drilling Ankara remains undeterred as EU imposes punitive measures on Turkey over controversial gas drilling activities near Cyprus. Turkey
