Deal With Iran Reflects Iraq’s Frustration With US

A recent barter deal under which Iraq agreed to supply Iran with crude oil and fuel oil in exchange for Iranian gas, points to Iraq's frustration with US sanctions that make it difficult to pay for its gas imports and cause power outages during the scorching summer months. Iran slashed its gas exports to Iraq on Jul. 4, from 45 million cubic meters per day to 20 MMcm/d, cutt

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A Tale of Two Middle Easts. By Adeel Malik*

Higher oil prices, by softening budget constraints for energy producers in the Middle East and North Africa, may reduce the incentive for major economic reforms. But the region’s oil importers, facing renewed risks to social and political stability from rising costs, must contend with much greater challenges. LONDON – The soaring commodity prices affecting developing countri

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Interantional Energy Agecy: World Energy Outlook 2021

Foreword The World Energy Outlook (WEO) is usually published in November. However, for the second year in a row, the International Energy Agency (IEA) is releasing our flagship report a month early, in October. We did this last year because it was an exceptional year defined by the Covid-19 crisis. This year is another exceptional year because of the COP26 Climate Change Con

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