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Trump creates new risk dynamic
US policies may have lasting effects in sectors such as energy, that rely on predictable rules and long-term planning
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The new government is talking and thinking big, and there are credible reasons to believe it is more than just grandstanding
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LNG gets political
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An Israeli strike in Gaza City
Israel Politics
Victor Kotsev
6 December 2023
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Israel-Hamas war clouds energy prospects

The threat of a big disruption to energy trade in the Middle East appears to be receding, but the fog of war is casting doubt on projects in the region

The war in Gaza may still escalate beyond the borders of Israel and the Palestinian territories and cause major energy disruptions, but the likelihood of this appeared to have receded by early December as a ceasefire came and went and hostilities remained largely constrained to the Gaza Strip and surrounding areas. Instead, experts say, different tracks of negotiations are picking up, with the entire Middle East in flux and Qatar’s status in particular elevated—as both an energy powerhouse and a geopolitical deal maker. Global oil and gas prices spiked immediately after the surprise attack by Hamas on 7 October, which claimed more than 1,200 Israeli lives and disrupted regional energy trade.

Also in this section
Trump creates new risk dynamic
13 June 2025
US policies may have lasting effects in sectors such as energy, that rely on predictable rules and long-term planning
Saudi Arabia and Russia pull OPEC+ in different directions
13 June 2025
The two oil heavyweights’ diverging fiscal considerations are straining unity within the group
Energy NL upbeat on Newfoundland despite industry doubts
13 June 2025
CEO argues the upstream potential remains huge as analysts question future oil production for Canadian province’s offshore industry
Iraq seeks alternatives to Iranian gas
13 June 2025
The country is facing energy shortfalls this summer amid reduced Iranian gas imports and difficulties leasing an FSRU

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