Emergency personnel work at the site of a strike on a residential building in Tehran
Middle East chaos creates new oil and gas trends
A complex and sometimes contradictory web of factors that include unpredictable oil prices, the globalisation of LNG markets, the expansion of Middle Eastern sovereign capital and the growth of datacentre demand will shape the energy landscape beyond 2026
The global oil and gas industry is in a state of structural reconfiguration. A confluence of macroeconomic pressures, geopolitical upheaval, technological disruption and evolving capital markets is reshaping the operating environment for all of its stakeholders—producers, traders, financial institutions and governments. The trends that characterise the current shape of the oil and gas business signify a resilient sector that is simultaneously doubling down on hydrocarbon production and grappling with the complex realities of a world in energy transition, all against an unstable geopolitical landscape. US foreign policy is more internationally interventionist than in the first Trump administr
Also in this section
20 April 2026
The region’s gas producers are investing heavily in the fuel in order to satisfy burgeoning demand resulting from economic growth and a shift to cleaner fuels
20 April 2026
The continent is home to mega-scale projects on both its east and west coasts as its growing economies see rising demand for gas
16 April 2026
Demand for oil is falling because supply cannot meet it, not because it is no longer required
16 April 2026
The continent has an immediate opportunity to make the most of its energy resources by capturing gas that is currently slipping away
