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
Chinese oil companies fill void in Iraq As major Western oil companies reconsider their positions in Iraq, China is seizing the opportunities offered by their departure. Iraq
Oil prices fall after OPEC+ raises production limits The Organization of the Petroleum Exporting Countries plus Russia agreed to increase production limits for some member states Sunday following a demand by the United Arab Emirates. DONT USE - Gulf Pulse
Erdogan: Turkey will continue oil exploration in disputed eastern Mediterranean Turkey's president may be upping the ante against Greece, Cyprus and the European Union. Turkey
Will high oil prices setback Gulf reforms? Push harder or take a breath on economic reforms? The question can be tricky for Gulf rulers Legacy: Gulf
The Takeaway: Iran deal on front burner before Raisi takes office Also: Bibi plots his comeback, a woman boxing coach trains men in Egypt, and the latest from Gaza, Jordan, Iraq, and Turkey. Iran
Iranian official says US agrees to lift Trump-era oil sanctions The chief of staff to outgoing Iranian President Hassan Rouhani was quoted as saying that Washington had agreed to remove more than 1,000 sanctions imposed upon Iran by the previous US administration. Iran
French foreign minister: Turkey and France have a ‘verbal cease-fire’ Jean-Yves Le Drian told a French TV station there is still a long way to go to improve Turkey-France relations, mentioning Syria, Libya and the eastern Mediterranean. The French and Turkish presidents had a cordial meeting earlier this week. News Brief
Rise in Iraqi cancer cases may be linked to wars, environment The causes of the spike may be linked to Iraq's wars or environmental pollution, but the evidence is sketchy. Iraq
Egypt expands role in Iraqi reconstruction by building bridges in Mosul Egypt is seeking to expand its participation in the reconstruction of Iraq amid a growing alliance between Baghdad, Amman and Cairo. Egypt
Iran expects to restore oil output within month of US lifting sanctions A senior official at the National Iranian Oil Company said that if the United States lifts sanctions on Iran, the country expects to restore its crude oil output to pre-sanctions levels in a matter of months. Iran
Turkey's Erdogan announces natural gas discovery in Black Sea Turkish President Recep Tayyip Erdogan said the Fatih drilling ship had found 135 billion cubic meters of natural gas in the Sakarya gas field. News Brief
UN urges Houthis to permit inspection of aging oil tanker The Houthis, who control access to the FSO Safer, have prevented the UN from sending a technical team to assess the risk of a potential massive oil spill. Yemen