Macquarie Pulls Out of Kuwait Pipeline Bid as Gulf Tensions Rise

• Wednesday, 18th March 2026
• by Fatma Ahmed

Australia’s Macquarie Group has withdrawn from a planned bid for a stake in Kuwait’s oil pipeline network, a deal valued at approximately $7 billion, according to sources familiar with the matter. As reported by...

G7, IEA Urge Coordinated Release of Oil Reserves Amid Rising Prices

• Tuesday, 10th March 2026
• by Fatma Ahmed

The International Energy Agency (IEA) has urged countries to coordinate a release of emergency oil reserves during an online meeting with finance ministers from the Group of Seven (G7), according to Japan’s Finance Mi...

Middle East Conflict Disrupts Oil and Gas Flows, Heightening Global Energy Fears

• Wednesday, 4th March 2026
• by Fatma Ahmed

Rising military tensions between the US, Israel, and Iran are disrupting oil and gas supplies across the Middle East, intensifying fears over global energy security and renewed price volatility, Reuters reported. Iraq...

QatarEnergy Suspends LNG Output Following Strikes on Industrial Sites

• Tuesday, 3rd March 2026
• by Fatma Ahmed

QatarEnergy has halted production of liquefied natural gas (LNG) and related products after military attacks targeted its operational facilities in Ras Laffan Industrial City and Mesaieed Industrial City in Qatar. In ...