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
Iraq cuts federal budget from KRG, Kurds defy it as political The Iraqi federal government cuts funds used for salaries of Kurdistan Regional Government employees; Kurds describe the move as illegal and politically motivated. Originals
Is Egypt trying to provoke Turkey in eastern Mediterranean? Although Egypt has stopped liquefying and exporting liquefied natural gas due to the global collapse of prices as a result of the coronavirus pandemic, it is still expanding its gas production in the eastern Mediterranean. Egypt
Was Trump’s call about oil with Saudi leader the start of a reset in relations? US-Saudi partnership faces both old and new challenges in post-COVID-19 Middle East. Saudi Arabia
Report: Trump threatened to remove US troops from Saudi if no oil production cut Trump told the Saudi Crown Prince that US troops would leave Saudi Arabia if OPEC did not cut production, according to a new report. Saudi Arabia
Russia doubles down on Iraq despite COVID-19 Moscow and Baghdad continue to plot a course for bilateral relations, though the process is being complicated by Iraq’s precarious political situation and the global coronavirus crisis. Iraq
What oil markets' 'bloody Monday' means for Gulf producers Gulf producers must navigate between an angry White House and Congress, with the threat of tariffs, and uncertainty regarding Asian partners and demand as a result of the pandemic. Legacy: Gulf
Is the new OPEC+ deal a win for Russia? The new OPEC+ deal has some advantages for Russia but some of the potential long-term implications may be dire for Moscow. Saudi Arabia
Is Oman’s model of governance about to shift? Oman's debts are piling up as oil prices crash, putting at risk its wide-reaching social welfare system. Oman
Amid Saudi-Russia price war, US on track to become net oil importer: Report The coronavirus and the Saudi-Russia oil price war are contributing to a fall in US oil production and the United States is expected to become a net oil importer again in the fall. Saudi Arabia
Intel: Russia rebuts Trump’s claim that Saudis agreed to oil compromise President Donald Trump tweeted on Thursday that Russia and Saudi Arabia agreed to a compromise to end the ongoing oil price war after a discussion between President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman. Saudi Arabia
Can Iran's president turn around its economy? Iran's economic plight — compounded by US sanctions, low oil prices and COVID-19 — depends on risky and difficult reforms for a turnaround. Iran
Saudis risk losing last Republican defenders with oil price war The oil price war places the Saudis at risk of losing their previously stalwart defenders on Capitol Hill, the last line of defense against legislation targeting the kingdom. Saudi Arabia
