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Australia, India, Japan, and U.S. address Indo-Pacific challenges

In the midst of conflicts, geopolitical tensions, and increased pressure on global supply chains, the Foreign Minister of Australia, the External Affairs Minister of...

U.S. continues choking off the support lifeline for Cuba

Under unrelenting U.S. economic pressure, the Cuban economy in the first five months of 2026 has deteriorated into what many observers describe as the...

Unhappy with OPEC strategy, UAE withdraws from oil cartel

After nearly 60 years of membership, the United Arab Emirates (UAE) announced on April 28 its decision to withdraw from the Organization of the...

IMF warns of global downturn risk from continuing Iran conflict

It should surprise no one that the International Monetary Fund (IMF) - World Bank Spring meetings in Washington D.C. on April 13–18 were overshadowed...

Hormuz shutdown deepens energy crisis in Asia

The Iran War and the near closure of the Strait of Hormuz is disrupting global oil and gas supplies, creating a major energy shock...

OPEC+ countries agree to increase production, raise concern over energy infrastructure attacks

Eight countries from the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, agreed on April 5 to a supply...

Intensive diplomacy focused on reopening Strait of Hormuz

Over the past week (March 30 - April 6) intensive diplomacy centered on reopening the Strait of Hormuz, which Iran closed in retaliation for...

EU calls for coordinated action to mitigate the impact of high energy prices

As the Iran war enters its second month, EU energy ministers discussed on March 31 a coordinated response to protect EU citizens and industries...

Turkmenistan is finally in the right place at the right time

Turkmenistan has for decades talked about making much greater use of its vast gas reserves to both expand export volumes and to diversify its...

IEA issues global energy shock warning

The war in the Middle East, the effective closure of the Strait of Hormuz and attacks on energy facilities is creating an oil shock...

Industry warns EU Methane Regulation risks disruption to Europe’s oil and gas supply

Oil and gas companies have urged the European Union to pause its Methane Regulation, warning that it could put EU gas and crude oil...

U.S. waiver for Russia oil sanctions brings dismay, not price stability

On March 12, the United States temporarily waived existing sanctions on Russian oil that is already at sea, allowing it to be delivered to...

IEA to carry out stock release as Middle East war disrupts markets

As the war in the Middle East disrupts global oil and gas supplies leading to skyrocketing prices, the 32 Member countries of the International...

U.S. launches maritime reinsurance plan to reopen Persian Gulf shipping

The Trump administration’s March 6 plan to reopen shipping through the Strait of Hormuz will require some time before it can be activated and...

With Middle East war underway, Southern Gas Corridor reinforces EU energy security

The European Union and Azerbaijan reconfirmed their strategic energy partnership this week in Baku as the EU continues to reduce its dependencies on Russian...

Economic shockwaves multiply as Iran war spreads

The United States' and Israel's ongoing major combat operations against Iran/Lebanon and the Islamic Republic’s indiscriminate strikes across the Middle East are escalating tensions...

Powerful opening salvo marks determined U.S. and Israeli strike on Iran

On February 28, a carefully coordinated American and Israeli attack on Iran -- which has for decades been calling for the destruction of both...

Hit by oil price fall, BP suspends share buybacks

British oil giant BP on February 10 posted a drop in annual profits and suspended share buybacks, seeking to cut costs as the UK...

New U.S. Iran sanctions for recent violent repression and corruption

After the reimposition of United Nations “snapback” sanctions on Iran on September 27, 2025, in connection with unfulfilled Iranian nuclear program control and inspection...

Venezuelan, Iranian oil disruptions unlikely to redefine oil market trajectory

The recent U.S. actions in Venezuela and the volatile situation in Iran as the government cracks down on demonstrations currently appear to have limited...

Another Trump Iran pronouncement – tariff details to follow

In typical Trump style, U.S. President Donald Trump’s January 12 announcement of stiff new tariffs on Iran’s trading partners was devoid of almost all...

Ukraine’s energy reconstruction and the strategic rise of Europe’s Vertical Corridor that reshapes Transatlantic security

The reconstruction of Ukraine’s energy infrastructure constitutes one of the most consequential geopolitical and economic undertakings of our era. It is not merely a...

IGB pipeline is the critical link in the Vertical Gas Corridor

Teodora Georgieva, Executive Officer and Board Member of the Gas Interconnector Greece-Bulgaria (ICGB) AD, spoke to NE Global in an exclusive interview about the...

Venezuela: Seizures, sanctions and now a U.S. oil blockade

Amid increasing tension between the U.S. and Venezuela with new U.S. economic sanctions announced on December 11 and the U.S. military’s seizure of the...

Lithuania sees LNG, renewables on the road to energy independence

Lithuania, which along the other Baltic states Latvia and Estonia disconnected their electricity systems from Russia's power grid earlier this year, is increasingly transitioning...

Ten country statement on Libya stresses potential for unification

A strong, unified Libya is in everyone’s interest. A significant number of major powers have come together to emphasize an important new opportunity for...

COP30 in Belém misses key targets but advances on secondary objectives

After two weeks of intense negotiations in a new geopolitical reality, COP30 concluded in the Amazon city of Belém, Brazil, where countries agreed on...

Watering down U.S. Russia sanctions for Hungary – what was gained?

For a while, it appeared as if the war in Ukraine was again a top priority in the White House, but ultimately that turned...

Cyprus, Greece, Israel and U.S. commit to deeper East Mediterranean energy cooperation

Following the 3+1 Energy Ministerial, Cyprus, Greece, Israel and the United States declared common intent to promote energy security and cooperation in the Eastern...

Serbia’s energy dilemma: How to break from Russia and save its stability

Serbia’s energy “decoupling” from Russia seems to be on the horizon. The Southeast European nation, long heavily dependent on Russian gas -- and, to...

Israel’s planned Nitzana pipeline to Egypt gains momentum

Israel's planned Nitzana pipeline that will be constructed from Ramat Hovav, near Beersheba in the Negev desert, to the border with Egypt in the...

Three elements of EU cooperation with Kazakhstan: connectivity, sustainability and partnership

The European Union views Kazakhstan as an important partner in Central Asia linking East and West, advancing interregional connectivity as Brussels and Astana expand...

As Trump’s Ukraine peace initiative fades, new U.S. sanctions unleashed

The war in Ukraine is again front and center in the White House. While U.S. President Donald Trump’s Gaza peace drive had started to...

After the “snapback,” large new set of U.S. Iran sanctions announced

Less than two weeks after the reimposition of United Nations  “snapback” sanctions on Iran on September 27, the U.S. Government announced a substantial new...

Symbolic optics from China or movement toward a new global order?

With the UN General Assembly in New York less than a month away, China’s leadership was able to grab global attention for many days...

U.S. expands sanctions against malicious actors in Middle East

Waiting for U.S. President Donald Trump’s go-ahead for new sanctions against Russia and its major oil customers, due in early August, Washington’s army of...

Trump trade deal leaves some in EU unhinged

U.S. President Donald Trump completed his five-day “private visit” to Scotland on July 25-29, which beyond his golf course visits included a number of...

EU finally clears the roadblocks, adopts new Russia sanctions package

On July 18, the EU finally adopted its long-delayed 18th package of sanctions on Russia, focusing heavily on the oil trade, but which also...

Cyprus Energy Minister warns against creating new dependencies

The European Union needs to avoid “new dependencies” as it plans to phase out Russian energy supplies and meet its green transition goals, Cyprus...

Hungary, Slovakia want to stop EU proposal to phase-out Russian oil and gas imports

The EU will gradually and effectively stop the import of Russian gas and oil by the end of 2027, whether delivered via pipeline or...

Go West: Azerbaijan boosts energy projects that connect Caspian region with Europe

As energy demand grows fueled by AI and vehicle electrification, Azerbaijan is actively developing new interconnections with the West, especially for green energy exports,...

What to do about Nord Stream?

German Chancellor Friedrich Merz told a press conference with Ukraine’s President Volodymyr Zelensky in Berlin on May 28 that his government will do everything...

U.S. – Venezuela standoff continues amid growing pressure

The standoff between the U.S. and Venezuela over a number of open issues is slowly reaching the boiling point, while Secretary of State Marco...

In search of jobs and treasure: Trump’s first overseas jaunt takes a distinctly commercial angle

U.S. President Donald Trump completed a four-day tour of the Middle East on May 13-16, visiting Saudi Arabia, Qatar, and the United Arab Emirates....

EU Commission plans Russian gas phaseout as MEPs propose easing pre-winter storage targets

Ensuring gas supply security ahead of the winter season, the European Parliament approved in Strasbourg on May 8 the Commission's proposal to extend the...

U.S.-China tariff struggle, Iran issue affect energy demand, oil prices

International Energy Agency (IEA) Executive Director Fatih Birol said on April 23 oil prices may decline further this year due to slow demand growth...

Ahead of nuclear talks, Trump administration orders new sanctions on Iran’s shadow fleet and Chinese refiners

Washington’s sanctions campaign of “maximum pressure on Iran” is intensifying, despite the start of initial discussions between the U.S. and Iran over nuclear issues...

Apollo Funds to partner with BP on TANAP gas pipeline from Azerbaijan to Turkey

British energy company BP said on March 21 it has reached agreements for Apollo-managed funds to purchase a 25 percent non-controlling stake in BP...

Ignoring Russia, latest Trump administration Iran sanctions increase pressure on an old enemy

On March 13, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned (“designated” in OFAC language) Iran’s Minister of Petroleum, Mohsen...

Weaning Europe off its Russian gas addiction

The Viking hero Ragnar Lodbrok once said “don't waste your time looking back. You're not going that way.” The words of the former king...

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