Strait of Hormuz | Egypt Oil & Gas - Part 3

Iran Accused of Attacking ADNOC Vessel in Strait of Hormuz

The UAE said Iran attacked a vessel operated by Abu Dhabi National Oil Company (ADNOC), the state- owned company, while it was transiting the Strait of Hormuz on Friday, August 14, according to Reuters citing the UAE ...

Middle Eastern LNG Buyers Seek Canadian Supply Amid Geopolitical Risks

Middle Eastern LNG buyers are increasingly seeking Canadian liquefied natural gas (LNG) supplies as a hedge against geopolitical risks and disruptions affecting key global energy trade routes, Reuters reported, citing...

US–Iran Ceasefire Collapse Could Keep Brent Around $100 through 2026

The collapse of the U.S.-Iran ceasefire could keep Brent crude near $100 per barrel through 2026, according to updated forecasts from Rapidan Energy Group, a Washington-based energy and geopolitical consultancy. Rapid...

Saudi May Crude Exports Hit Record Low Amid Gulf Tensions

Saudi Arabia’s crude oil exports fell for a third consecutive month in May, reaching a record low, according to data released by the Joint Organizations Data Initiative (JODI) on Tuesday, as the Iran-Israel conflict d...

IEA warns Mideast Conflict Puts Oil, Gas Routes at Risk

The International Energy Agency (IEA) is warning that escalating Middle East tensions are increasing uncertainty in global oil and gas markets. Hostilities threaten the Strait of Hormuz and regional energy infrastruct...

Middle East Gulf Crude, Condensate Exports Surge

Middle East Gulf crude and condensate exports rose sharply during the first half (H1) of July, reaching their highest level since before the outbreak of the Iran war in late February, supported by a temporary easing o...

IEA Urges Restoration of Strait of Hormuz Oil Flows to Safeguard Energy Security

The International Energy Agency (IEA) Executive Director Fatih Birol warned that global energy security could face growing risks if the US and Iran fail to restore oil flows through the Strait of Hormuz in the coming ...

Madbouly Reviews Measures to Secure Petroleum Stockpiles

Prime Minister Mostafa Madbouly met with Karim Badawi, Minister of Petroleum and Mineral Resources; Ahmed Kouchouk, Minister of Finance (MoF); Hassan Abdalla, Governor of the Central Bank of Egypt (CBE); and Tarek El-...

IGU Webinar: Hormuz Crisis Cuts Gulf LNG Exports by 35 bcm

The liquefied natural gas (LNG) loadings from Qatar and the United Arab Emirates (UAE) dropped by 35 billion cubic meters (bcm) since the eruption of the Middle East conflict in March 2026 compared with the same perio...

QatarEnergy Cuts LNG Deliveries to Bangladesh

QatarEnergy has reduced its scheduled liquefied natural gas (LNG) deliveries to Bangladesh by half this year as disruptions linked to the ongoing US -Israeli war on Iran continue to affect shipments through the Strait...

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