Iraq has signed an agreement allowing the cash-strapped Lebanese government pay for 1 million tonnes of heavy fuel oil a year in goods and services, helping Lebanon ease its acute Continue Reading
Record heat waves and crippling energy shortages across much of the Middle East are plunging homes and businesses from Lebanon to Iran into darkness and stirring unrest as poor families Continue Reading
As the global oil and gas markets are recovering from the steep sell-off last Monday, threats in the market are not just linked to demand-supply concerns. Cybersecurity specialists reported this Continue Reading
OPEC—as well as the entire energy industry—should be thanking Saudi Arabia for its “magnificent” job in managing their production during the Covid-19 pandemic, according to Robert Yawger, executive director of Continue Reading
As Iran is preparing for the inauguration of elected president Ebrahim Raisi, a move that will consolidate the power of the ultra-conservative forces that support Ayatollah Ali Khamenei, its citizens Continue Reading
The United States is considering cracking down on Iranian oil sales to China as it braces for the possibility that Tehran may not return to nuclear talks or may adopt Continue Reading
Prince Abdulaziz bin Salman Abdulaziz bin Salman, the most powerful man in petroleum, navigates unruly OPEC+ nations, huge swings in price and production—and the end of fossil fuels. The Boeing Continue Reading
After six months of President Biden in office, and repeatedly dashed hopes at a nuclear deal with Iran, failing to come to an agreement means instead of lifting sanctions the Continue Reading
Iranian gas, electricity imports hit by domestic outages Islamic State intensifying attacks on power lines, pylons Iraq under pressure to wean itself off Iranian imports Iraq’s power cuts this summer Continue Reading
Residents in southwestern Iran have held large protests for nearly a week, denouncing the country’s leadership amid severe water shortages in the region, according to activists and video footage. At Continue Reading
