Beyond The Ceasefire: How A US-Iran Agreement Could Reshape Global Oil and Gas Markets

• Wednesday, 1st July 2026
• by Fatma Ahmed

In June 2026, the US and Iran signed a landmark ceasefire agreement that reopened the Strait of Hormuz, lifted a US naval blockade, and introduced a $300 billion conditional reconstruction fund for Iran. The deal, mediated by Pakistan and supported by regional powers, marked a pivotal moment in the conflict and set the stage for reshaping global oil and gas markets. For months, energy markets had been operating under the shadow of escalating tensions in the Middle East, with fears that disruptions to shipping routes and infrastructure could trigger a major supply shock.

Qatar PM Advices US‑Iran Hotline to Secure Hormuz Reopening

• Wednesday, 24th June 2026
• by Sarah Samir

Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman al‑Thani stressed that establishing a direct hotline between the US and Iran is vital to prevent rogue actors from obstructing efforts to reopen the Strait of Hormuz, adding that the Gulf state expects to restore normal liquefied natural gas (LNG) output “within a few weeks”.

IEA: Iran-Related Energy Crisis Will Accelerate Global Electrification

• Tuesday, 23rd June 2026
• by Fatma Ahmed

The ongoing Iran-related energy crisis is expected to drive global electrification efforts, as countries seek to enhance domestic energy security and protect their economies from fossil fuel price volatility, the Head of the International Energy Agency (IEA) Fatih Birol said.

KPC Returns to Spot Market Amid Iran War Disruptions

• Wednesday, 10th June 2026
• by Sarah Samir

Kuwait Petroleum Corp (KPC) has offered prompt-loading fuel products on the spot market for the first time since the outbreak of the Iran war, four sources familiar with the matter revealed, according to Reuters.
Separately, KPC was offering 4 million barrels of crude through a tender, with the cargo sourced outside the Persian Gulf and directed to buyers in Asia, according to a fifth source with direct knowledge of the matter.

Iran, Oman to Cooperate on Strait of Hormuz Management

• Sunday, 7th June 2026
• by Fatma Ahmed

Iran has announced that it is moving forward with plans to coordinate with Oman on the administration of the Strait of Hormuz, one of the world’s most important oil transit routes.

New US Sanctions Target Iran Oil Shipments to China Ahead of Trump-Xi Meeting

• Tuesday, 12th May 2026
• by Fatma Ahmed

The US has imposed sanctions on three individuals and nine companies for facilitating Iranian oil shipments to China, including entities based in Hong Kong, the United Arab Emirates, and Oman.

MEES: Iran War Enhances Egypt’s East Med Gas Hub Role

• Sunday, 26th April 2026
• by Doaa Ashraf

"Egypt’s bid to become the East Mediterranean gas hub and export gateway to the world has been bolstered by the geopolitical upheaval in the Gulf. With liquified natural gas (LNG) exports disrupted and alternative export routes slow to progress, Egypt is well placed to consolidate its position,” stated the Middle East Economic Survey (MEES), a widely read weekly publication focusing on developments in the region’s energy landscape.

Egypt is solidifying its role as the central hub for profiting from Eastern Mediterranean energy resources, according to the publication, which explained that by acting as the primary destination for new gas production from Israel and Cyprus, Cairo intends to leverage these regional inflows to satisfy its rising internal energy needs. Furthermore, this strategy allows Egypt to process excess supply through its coastal LNG facilities, which are currently operating below capacity, for export to the global market.

US Tightens Sanctions on Iranian, Russian Oil as Waivers Expire

• Wednesday, 15th April 2026
• by Fatma Ahmed

The US will not renew a 30-day sanctions waiver on Iranian oil shipments at sea set to expire this week, while also allowing a similar waiver on Russian oil to lapse over the weekend.

Third Iran-Linked Tanker Records Transit Through Strait of Hormuz

• Tuesday, 14th April 2026
• by Fatma Ahmed

Shipping data recorded on April 14 showed that a third Iran-linked tanker was transiting the Strait of Hormuz on the first full day of the US blockade on vessels calling at Iranian ports. US President Donald Trump announced the blockade on Sunday after peace talks in Islamabad between the US and Iran failed to yield an agreement.

India to Receive First Iranian Oil in Seven Years After US Eases Sanctions

• Wednesday, 8th April 2026
• by Fatma Ahmed

India is poised to receive its first shipment of Iranian oil in seven years, following the temporary lifting of US sanctions on Iranian crude and refined products to ease global supply pressures, according to Reuters.