The Middle East also holds a significant role in global gas production
Shifting sands alter balance of power in Middle East
The region’s political situation and internal relationships are changing amid the growing influence of Russia and China
The Middle East can be divided into three categories of regional alliances: allies of Iran, allies of Saudi Arabia, and allies of Turkey. The allies of Iran consist of the Assad regime in Syria, Iraq’s federal government, Hamas and Islamic Jihad in Gaza, the Houthi rebels in Yemen and Hezbollah and the Amal Movement in Lebanon. All of these groups have been embroiled in internal crises, including territorial disintegration and political upheavals, as a result of regional competition. The allies of Saudi Arabia include the countries of the Gulf Cooperation Council (GCC)—excluding Qatar—as well as Egypt, Sudan and, to some extent, Jordan. Saudi Arabia also wields significant influence over Sun
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15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference
