Highlights Turkey open to transiting gas from new sources to Europe Additional gas could come from handful of countries Options seen for gas from Turkmenistan, Iran, Iraq, East Med Russia’s Continue Reading
Last week’s attack on author Salman Rushdie and the indictment of an Iranian national for plotting to murder former national security adviser John Bolton have given the Biden administration new Continue Reading
Energy-rich Middle East states are set to reap up to $1.3tn in additional oil revenues over the next four years, according to the IMF, as they enjoy a windfall that Continue Reading
Iraq’s nationwide oil production jumped by 100,000 barrels per day (bpd) in July, rising to 4.72 million bpd, according to field-by-field data compiled by Iraq Oil Report. The increase in Continue Reading
Iran could increase its oil exports in August as its crude is now estimated to be much cheaper than Russia’s in China, the key oil customer for both exporters, oil Continue Reading
The $40Bn Iran–Russia deal for joint development of offshore fields in the Middle Eastern country could fall through due to corrosion issues. Iran and Russia face significant challenges in their Continue Reading
Iran has delivered a response to the latest proposal of a nuclear deal being brokered by the European Union. Iranian media notes that there are still three issues that remain Continue Reading
Iraq holds a very conservatively estimated 145 billion barrels of proven crude oil reserves. Hamid Younis, first vice president of the Iraq National Oil Company, said last week that the Continue Reading
Iraq’s most vulnerable citizens are the hardest hit by dust storms, which are growing in frequency and intensity due to both global climate change and government inaction. View full article Continue Reading
Saudi Arabia is snapping up U.S. stocks as the kingdom enjoys its strongest financial situation in years. DUBAI—Saudi Arabia’s sovereign-wealth fund has invested $7.5 billion in blue-chip American companies from Continue Reading
