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The spectre of a European gas price cap returns
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
Letter from London: The oil market should panic tomorrow
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
The diesel crisis
By shutting the Strait of Hormuz, Iran has cut exports of distillate-rich Middle Eastern crude, jet fuel and diesel, and is holding the energy market hostage
European gas: From bad to much worse
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
Middle East oil vulnerabilities have been exposed
The killing of Iran’s Supreme Leader Ayatollah Khamenei in US–Israeli strikes marks the most serious escalation in the region in decades and a bigger potential threat to the oil market than the start of the Russia-Ukraine crisis
How Hormuz chokehold threatens LNG buyers
A potential blockade of the Strait of Hormuz following the escalating US-Iran conflict risks disrupting Qatari LNG exports that underpin global gas markets, exposing Asia and other markets to sharp price spikes, cargo shortages and renewed reliance on dirtier fuels
Letter from Asia: The nuanced India-Russia oil picture
The South Asian consumer’s next move could tighten the Middle East oil market overnight
Letter from the Middle East: Aramco provides big global gas reveal
The Saudi energy leader’s announcement of first production at Jafurah and the launch of operations at the Tanajib Gas Plant marks a turning point not just for the company, but for the world’s energy landscape
Letter from Iran: Testing times for Tehran-Beijing crude dynamics
Growing pressure from the Trump administration continues to threaten a resilient China-Iran oil nexus
EU methane regulation could backfire
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
Lebanese prime minister Said Hariri
Lebanon Israel Iran Turkey Russia Gas
Victor Kotsev
26 October 2020
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Lebanon targets gas and aid

The crisis-hit nation dreams of better diplomatic relations to help boost its crippled economy and unlock a gas bonanza. But dreams they may remain

The administration of US president Donald Trump—seeking a foreign policy win ahead of a bitterly contested election—has brokered maritime delineation talks between Israel and Lebanon. The historic negotiations, which stretch from gas development to regional geopolitics, kicked off in mid-October with the two sides, technically at war, sitting in the same room but communicating only through US and UN mediators. Experts say the tapping of veteran Lebanese politician Saad Hariri as the country’s prime minister in late October may be a positive development for the talks. Nonetheless, low oil and gas prices and possible spoiler actions by Turkey and Russia—as well as Iran—could render any deal me

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The spectre of a European gas price cap returns
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
Letter from London: The oil market should panic tomorrow
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
LPG in Africa: Big potential but big barriers
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12 March 2026
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Letter from Dubai: A safe haven under fire
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11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy

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