Analysis Why the Hormuz oil shock never became an energy catastrophe The US-Israel-Iran war produced a historic oil supply shock but not a severe global economic crisis, due to ample prewar supplies, China's energy pivot and strategic reserve releases. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Explainer After UAE and Qatar, could Iraq be next to leave OPEC? Iraq is seeking a higher production quota as the effective closure of the Strait of Hormuz has slashed oil revenues and plunged the country into a fiscal crisis. Iraq
Explainer Syria’s energy push could soon get a major boost from Chevron: What to know The country's leaders are seeking to translate a flurry of oil and gas agreements into concrete investments and rebuild an industry devastated by more than a decade of war, sanctions and isolation. Syria
Oil falls below $74 as Hormuz traffic recovers after Iran war Brent crude, the international benchmark for oil prices, was trading at $73.81 a barrel at 10:40 a.m. EDT, down 4.2% from Tuesday's close. Iran
Pompeo dismisses Rouhani’s terms for talks as Iran admits ‘no plan B’ for Syria Israel, Iran and the United States are all not backing down in Syria, but US-Iran prisoner talks may still have a chance. Iraq
Intel: US sanctions Iranian ships for delivering oil to Venezuela The United States sanctioned the captains of five Iranian vessels today for delivering oil to Venezuela. Originals
General Electric helps increase electricity generation in Iraq Power stations that General Electric helped develop and improved exploitation of natural gas boost Iraq's energy infrastructure as the country seeks alternatives to imported energy from Iran. Iraq
Turkey, Italy conduct joint submarine drill in the Mediterranean Other Mediterranean states have criticized Turkish actions in the sea recently. Turkey
Libya says armed group forces production halt at major oil field Libya's state-run oil company says the Sharara oil field had just resumed operations before it was stormed by gunmen. Libya
Qatar to begin phased reopening Coronavirus cases continue to rise in the Gulf country even as restrictions are eased. Originals
Aid flight arrives from Iran to Venezuela despite continued US pressure Economic and political relations between Iran and Venezuela continue to develop despite Washington's best efforts. Iran
Iraq still committed to energy ties with Saudi Arabia, Gulf states despite Iran electricity deal Iraq has signed an agreement with Iran to continue importing gas and electricity for two years. Saudi Arabia
EU criticizes Turkish energy exploration in Mediterranean Turkey disputes the European Union's position that the waters where Turkey hopes to drill for hydrocarbon belong to Greece and Cyprus. Turkey
Qatar makes massive LNG ship order The purchase by Qatar Petroleum from three South Korean companies comes as oil prices continue to rise from the lows earlier in the year. Qatar
Fourth Iranian tanker reaches Venezuela as US ups pressure A State Department official said it is warning companies about doing oil-related business with Venezuela as the ships continue to arrive. United States
Libya says oil blockade has cost $5 billion in lost revenue The Tripoli-based National Oil Corporation said the closure of oil facilities in January has led to billions in losses. Libya
