Letter from the Middle East: Buyers call for more
Western countries want Mideast Gulf producers to boost output, but the options are limited
Russia’s invasion of Ukraine has put many Middle Eastern countries in a tricky position politically, but it has reinforced their centrality to the global energy economy. Mideast Gulf countries complain that Western leaders only visit when they need them. They bemoan a lack of support over attacks on energy infrastructure emanating from the Houthi forces in Yemen, and the Biden administration’s pursuit of a renewed deal with Iran. As the only two Opec+ members with substantial spare oil production capacity, Saudi Arabia and the UAE have been implored by the US, Germany and the UK to raise output. Both are engaged in multi-year expansion programmes. Riyadh responded coldly that it would not be
Also in this section
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny






