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.
Erdogan pulls a rabbit out of his hat with Black Sea gas find, but is it all it seems?
“God has opened the door to unprecedented wealth for us,” said an enthusiastic Recep Tayyip Erdogan as he announced that Turkey had made its biggest-ever discovery of natural gas on Aug. 21. He promised that gas from the 320-billion-cubic-meter deep-sea find would reach consumers in 2023, but industry experts are skeptical and have raised questions about the feasibility of the discovery.
Iraq’s long-running electricity dilemma is now a daily source of public misery. The struggle of the power generation and distribution system to keep up with relentless demand caused by almost free electricity, especially as temperatures soar to record levels of over 120 degrees, is likely to get worse without reforms.
The annual Conference of the Parties (COP) was initiated by the United Nations Framework Convention on Climate Change (UNFCCC) in 1995 to assess progress made by UN members in dealing with climate change. Some meetings have had practical and measurable outcomes, such as the Kyoto Protocol of 1997. But arguably the most well-known meeting is the 2015 COP21 in Paris, also known as the Paris Agreement.
MEI’s Mirette Mabrouk and Guled Ahmed join host Alistair Taylor to discuss the ongoing dispute between Egypt, Sudan, and Ethiopia over the Grand Ethiopian Renaissance Dam (GERD), recent developments in Somaliland, and changing dynamics in the Horn of Africa.
Monday Briefing: GERD talks continue, but political will is still lacking
This week’s briefing on recent news and upcoming events in the region featuring Mirette F. Mabrouk, Marvin G. Weinbaum, Gonul Tol, Alex Vatanka, and Gerald Feierstein.
Linking the past to the future: Economic diversification and tourism in Oman
Oman’s new ruler, Sultan Haitham, only has a short timeframe in which to aggressively diversify the country’s economy and reduce its dependency on hydrocarbon exports. This already difficult task is further complicated by the twin challenges of the global coronavirus pandemic and low oil prices, both of which limit the government’s fiscal room for maneuver. One obvious sector that Oman should consider expanding rapidly is its tourism industry.
So far, Saudi Arabia’s push for OPEC+ restraint appears to be working. If projections of a gradual demand recovery in 2020 are accurate, the Saudis should be able to reaffirm their centrality as market stabilizers.
The eastern Mediterranean heats up as conflicts over energy move onshore
Not too long ago, the Mediterranean was described as “NATO’s lake” — a sleepy backwater in a world dominated by conflict. Today, Israel’s quarrels with Lebanon, Palestine, and Syria are viewed — and minimized — as legacy conflicts, overshadowed by a new and unstable strategic environment centered upon competing visions of offshore energy and security in the eastern Mediterranean.
When OPEC+ ministers hold their next monthly meetings on July 14-15, the Saudis are likely to be a strong voice pushing for the continuation of production limits, for both economic and political reasons.
Monday Briefing: The UN Security Council must act now to save northwest Syria
This week’s briefing on recent news and upcoming events in the region featuring Dara Conduit, Marvin G. Weinbaum, Mark Heller, Syed Mohammad Ali, Gonul Tol, and Guled Ahmed.
Saudi Arabia struggles to confront mounting challenges
A perceived lessening of the U.S. security umbrella would leave the Saudis far more vulnerable regionally and could force additional policy adjustments.
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