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 ADNOC, Aramco and QatarEnergy have aggressively expanded their international portfolios in recent years, a strategy facing new constraints as the US-Israel-Iran war impacts Gulf production and exposes structural risks. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Oil rises, Gulf stocks slide after Iran ship seizure throws truce into doubt In a post on Truth Social on Sunday, US President Donald Trump said the US Navy fired at and seized an Iranian-flagged cargo ship in the Gulf of Oman. Iran
Analysis How long can Iran's economy weather US naval blockade? By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Iran's energy crisis shuts 80 power plants as rial plummets: What to know Amid freezing temperatures and increased demand for heat, Iran is facing an acute energy crisis that has all but shut down the country. Iran
Turkey, Hungary receive US sanctions waiver to pay Russia's Gazprombank Turkish Energy Minister Alparslan Bayraktar says the exemption has been granted. Turkey
UAE energy giant gets green light for $16B takeover of German firm Covestro ADNOC agreed in October to buy Covestro for 14.7 billion euros (then around $16.3 billion), including its debt, in its biggest-ever takeover. United Arab Emirates
Senior China delegation in Iran to discuss 'strategic partnership,' economic ties Iran hosted a Chinese delegation on Tuesday and Wednesday in a step to solidify a 2021 strategic partnership agreement, but can the two countries’ partnership weather the upcoming Donald Trump presidency? Iran
ADNOC launches $80B low carbon energy company XRG: What we know XRG, which will operate separately to ADNOC, is expected to double its asset value over the next decade. United Arab Emirates
Turkey in talks for US sanctions waiver to pay for Russian gas The United States introduced Ukraine war-related sanctions last week against 118 individuals and entities tied to Russia’s financial sector, including Gazprombank, the country’s largest lender yet to be designated by Washington. Turkey
Iran defense chief visits Venezuela, talks energy, trade: What we know Iran and Venezuela are working to repair oil ties after the reimposition of US sanctions on the South American country and the looming return of President Donald Trump to the White House. Iran
Turkey’s big plan to launch IPOs for state energy companies: What we know Turkey's financial recovery travails are likely to be the key reason for the change in energy policy. Turkey
Analysis What to make of Saudi-Iranian flurry of diplomatic activity, military channels? A high-level military meeting between Saudi Arabia and Iran on Sunday marked another in a series of recent diplomatic engagements between the two nations. By Rosaleen Carroll In Washington, DC, US, reporting on the Middle East
UAE's ADNOC doubles down on gas, allocating $15B over next 5 years In a Monday statement ADNOC Gas said it had raised its capital expenditure plan to around $15 billion for the next five years, from about $13 billion. United Arab Emirates
Middle East markets rally after Donald Trump's election victory Saudi Arabia’s benchmark index, the TASI, gained 0.9%, while Dubai's main share index gained 0.5%. The Abu Dhabi Securities Exchange, a key player in the region’s stock markets, gained 0.4%. United States
Saudi Aramco in 'advanced' talks on hydrogen offtake as Q3 income drops 15.3% Aramco's Q3 net income fell 15.3% to $27.6 billion on low oil prices. Aramco is looking to expand into new business areas such as renewables and hydrogen. Saudi Arabia
