UAE battles tanker oil spill as war's environmental toll mounts Gulf oil spills have become more frequent since the beginning of the US-Israel-Iran war on Feb. 28. United Arab Emirates
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? 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
US unveils sanctions on Turkish businessman over IRGC oil sales The United States designated what it described as an international oil smuggling and money laundering network led by Turkish businessman Sitki Ayan. Turkey
Analysis The Takeaway: Xi's Saudi Arabia trip sends a message to US Plus, the Biden administration gears up for next week’s summit of African leaders and warns that Iran is still fueling Yemen’s war. By Elizabeth Hagedorn In Washington, DC, reporting on diplomacy, regional politics, human rights
Malaysia’s Petronas to explore for 'unconventional oil' in Abu Dhabi Unconventional oil, which is extracted via relatively complex methods, is found in the Western Hemisphere and Russia. Abu Dhabi is also seeking to extract some after successfully obtaining unconventional gas. Legacy: Gulf
China’s Xi heads to Saudi Arabia, adding strain to US ties Xi's visit to Saudi, the first in six years, will include two summits with Arab and GCC leaders and could see an agreement on nuclear technology Legacy: Gulf
OPEC+ decision to maintain production marks end of oil’s turbulent year The Saudi- and Russian-led cartel has both increased and decreased oil production this year, affecting global oil prices and relations with the United States in the process. Legacy: Gulf
International oil assets reported hit as Turkey strikes Syria's Kurdish zone Turkey’s wave of air attacks against Kurdish-controlled northeast Syria have reportedly hit oil assets run by international oil companies. Syria
Iran, Iraq sign $4 billion engineering agreement The deal comes at a notable time in Iran-Iraq relations, as the Islamic Republic continues to threaten and attack Kurdish groups in Iraq. Iran
Saudi Arabia announces new natural gas discoveries The kingdom is already a major oil exporter, but it could also start exporting natural gas in the near future. Legacy: Gulf
Qatar signs deal to sell Germany natural gas The agreement demonstrates the continued significance of Qatar's natural gas, despite pressure to transition to renewable energy. Legacy: Gulf
The Gulf Briefing: swapping petrodollars for assets In this weekly newsletter, Sebastian Castelier rounds up the biggest stories from the Gulf region. Legacy: Gulf
US urges Iran-backed Houthis to halt attacks on Yemen's ports The warning to the Houthis comes as US Special Envoy for Yemen Tim Lenderking returns to the region to push for peace between the country's warring sides. Yemen
Kuwait benefits from oil price boom but long-term economic challenges loom Key reforms and a lack of a diversified economy remain only two of Kuwait's major challenges. Legacy: Gulf
