The News Libya’s largest functioning oil refinery was closed and an emergency declared after clashes erupted near the facility in Zawiya on May 8. The refinery, with a capacity of…
The News: The United Arab Emirates announced through its state news agency WAM its formal withdrawal from OPEC and the OPEC+ alliance, effective May 1, 2026. The announcement came on…
The Islamabad Talks and Their CollapseWhat Happened? Weekend talks in Islamabad between Washington and Tehran ended without a deal. A source close to the negotiations said the two sides came…
Turkey’s deep-sea drillship Çağrı Bey arrived in Somali waters today, Thursday April 9, 2026, completing a 53-day voyage from the port of Taşucu in southern Turkey — the first time…
Estimates by the International Energy Agency indicate that the conflict linked to the closure of the Strait of Hormuz has caused the largest disruption to global energy supplies in modern…
The News: With Brent crude above $105 per barrel — after a 64% surge in March alone — African governments imposed sharp fuel price increases within days: Ghana raised petrol…
The Gulf Cooperation Council (GCC) states entered the Iran-related conflict from a stronger financial position than many observers expected. Prior to the escalation, International Monetary Fund projections indicated that most…
Strategic Summary Syria’s energy sector is not just an economic story — it is the arena where regional and global powers are quietly competing to shape post-war Syria. Understanding this…
The Strategic Frame The Maghreb rarely makes global headlines as a unified story. It tends to appear in fragments — a tourism statistic here, a parliamentary vote there. But read…
What happened? Serious threats now hover over the Strait of Hormuz amid a partial freeze in tanker movement, while OPEC+ has approved only a limited production increase to absorb the…