MENA Energy Recap, Q2-2026: Mideast Energy Confronts its Hormuz Era
The MENA Energy Recap is a quarterly review of key energy developments that took place in the region from April through June of 2026 and what they signal in the months ahead. The Recap views these developments through the lens of policy and strategy, energy security, and markets.
The Other MoU: Launching a Europe-Gulf Resilience Initiative After the US-Iran Deal
The Islamabad Memorandum of Understanding (MoU) between the United States and Iran may have ended one of the most consequential Middle Eastern crises in decades, but it has not resolved the strategic problem it exposed. Whether the 60-day talks it set in motion will produce a final agreement remains far from certain.Yet the central lessons are already clear: Iran has preserved significant leverage, Washington has had to scale back its ambitions, and Europe and the Gulf face the prospect of protracted regional tension. Europe and the Gulf should therefore use the aftermath of the US-Iran deal to articulate their own “other MoU”: a Europe-Gulf Resilience initiative.
When Will Energy Markets Recover From the Iran War?
Two and a half months into the blockade of the Strait of Hormuz, what lessons can markets draw from the resulting global energy shock? Colby Connelly, MEI Senior Fellow, joins hosts Alistair Taylor and Matthew Czekaj to assess the crisis’s impact on the energy industry. Together, they examine how producers are responding to the conflict in both the short and long term, how this moment differs from past energy disruptions, and how regional reverberations may shape international energy policies going forward.
Gulf oil producers feel vindicated, but don’t expect them to turn on Russia
The war in Ukraine has brought back to the forefront the conversation about the need for new investments in oil and gas for the foreseeable future. As the calls multiply for Gulf producers to step in and fill the gap in gas and oil supplies as Russia faces sanctions, producers now feel vindicated after being shunned, and even targeted, at the COP26 in Glasgow last year.
How will the war in Ukraine affect EU-MENA relations?
While most analyses of the war in Ukraine have tended to focus on the intra-European dimension, it is worth exploring the potential consequences of this conflict for the EU’s relations with countries further afield, especially those in the Middle East and North Africa.
The Ukraine war has upended Turkey’s plans to stabilize the economy
The war in Ukraine couldn’t have come at a worse time for the Turkish economy. Amid the country’s ongoing economic crisis, the government has been implementing extraordinary and unconventional monetary and fiscal policies.
لي تشين سيم حول العلاقات الصينية الروسية وتأثيرها على الشرق الأوسط
تناقش لي تشين سيم، الباحثة غير المقيمة في برنامج الاقتصاد والطاقة التابع لمعهد الشرق الأوسط (MEI)، نتائج منشورها الأخير بعنوان "تأثير القوى العظمى في الشرق الأوسط: العلاقة بين الصين وروسيا كمضاعف للقوة"، الذي شاركت في تأليفه مع جوناثان فولتون.
Lebanon is running out of time to avert starvation
As Russia’s two-week-old war against Ukraine has brought Lebanon’s wheat imports from the besieged Black Sea nation to a complete standstill, the government in Beirut is racing against the clock to avert a catastrophic food crisis.
Given capacity constraints, Algeria is no quick fix for Europe’s Russian gas concerns
While Europe might be ready for more Algerian gas as it looks to diversify its suppliers, Algeria’s current production capacity limits its ability to substantially increase export volumes to Europe. As of now, any meaningful increases in Algerian production will require years of exploration and development and more crucially, further energy industry reforms to attract new investment.
How will the war in Ukraine affect Gulf oil producers?
Although Western countries have managed to limit Moscow’s capacity to export oil, the Arab Gulf monarchies are unlikely to be able to benefit in the near term. This may change in the long run, however.
The Russia-Ukraine War has Turned Egypt's Food Crisis into an Existential Threat to the Economy
With the outbreak of the Russia-Ukraine war on Feb. 24, 2022, Egypt’s food security crisis now poses an existential threat to its economy. The fragile state of Egypt’s food security stems from the agricultural sector’s inability to produce enough cereal grains, especially wheat, and oilseeds to meet even half of the country’s domestic demand.
Roundtable on Energy Transitions in MENA: IDRC-MEI Report
The first International Development Research Centre (IDRC)-Middle East Institute (MEI) Roundtable on Energy Transitions in the Middle East and North Africa (MENA), held on January 20, 2022, explored the challenges and opportunities facing the region as a result of the global energy transition. As it accelerates over the course of the century, this global transition will provide new opportunities for economies to evolve while putting a strain on the current economic model of many nations in MENA.
Qatar and global LNG: Potential pivot from Asia to Europe?
The global LNG landscape is changing, and while Qatar will continue to be a major LNG exporter, it will briefly drop to third in the global rankings until planned expansion projects come on stream in the middle part of the decade. Strategically, Qatari suppliers may opt to change their market supply profile, which will have a knock-on effect on the global market, both LNG suppliers and buyers.
