Why did the Met Opera lose its Saudi funding deal? The deal, announced as a nonbinding memorandum of understanding last September, would have seen the PIF inject up to $200 million into the opera institution over the next eight years. Saudi Arabia
Which airlines are cutting flights amid Hormuz fuel disruption? European and Asian airlines have been most impacted by the closure of the Strait of Hormuz, which is throttling jet fuel supplies. Iran
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 By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis How long can Iran's economy weather US naval blockade? By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Dispute over Iraqi Kurdistan's energy resources ramps up The Iraqi Ministry of Oil has announced plans to establish a new oil company for the Kurdistan Region. Iraq
Analysis Explainer: Waste-to-energy plant opens in UAE Masdar's new facility in the Emirati city of Sharjah will burn garbage to produce electricity. Some observers believe the process is relatively harmful to the environment due to its carbon emissions, but others say it is a good way to reduce landfill waste. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
Iran, Oman to jointly develop oil field Iran's president is in Muscat seeking increased cooperation with Oman on energy and transportation. Iran
Qatar seeks to export natural gas to Germany by 2024 Germany wants Qatari gas as an alternative to Russia’s due to the invasion of Ukraine. Legacy: Gulf
Affiliate of Abu Dhabi oil company to list on stock exchange Borouge is ADNOC’s joint venture with Austrian petrochemical firm Borealis AG. United Arab Emirates
Iraqi Kurdistan government denies taking control of oil fields in Kirkuk An oil company run by the Iraqi Ministry of Oil alleged that the Kurdistan Regional Government’s forces took over some oil fields in the disputed northern province. Iraq
Ukraine war drives more traffic to Egypt's Suez Canal, increasing revenues Although Egypt is being adversely affected by the war in Ukraine, the Suez Canal is benefiting greatly from Western countries sailing into the Gulf in search of oil. Egypt
Kurdistan officials concerned about PKK, Iran and energy sector High-ranking officials from the Kurdistan Region of Iraq have voiced concerns over the lack of effective collaboration from Baghdad and risks to security from the presence of the PKK. Iraqi-Kurdistan
Russian ambassador to Iraq: ‘No objections’ to Kurdistan Region exporting gas to Europe Elbrus Kutrashev spoke to the Kurdish news outlet Rudaw about plans to export natural gas from the autonomous part of northern Iraq to Europe in response to the war in Ukraine. Iraq
OPEC+ alliance endorses slight increase in oil production Saudi Arabia, the UAE and other have largely resisted US calls to boost production but settled on a marginal increase today. Legacy: Gulf
Bulgaria looks to Turkey for help with gas shortage Russia has cut gas exports to Bulgaria, leaving Sofia looking to Ankara, which has some tough decisions to make. Turkey
Israeli cybersecurity firm protects gas transfers between Poland, Lithuania Waterfall deployed its system to the eastern European countries in response to the war in Ukraine. The move comes at a low point in Israel-Russia relations. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
