Forward Intelligence
OPEC+’s struggles go beyond supply constraints
Overall production drops further in May amid inconsistent compliance and a fragile supply outlook
Letters
Letter from Azerbaijan: Every crisis has a silver lining
Baku Energy Week saw Azerbaijan seek to broaden its role in a fractured global energy market, a US push for closer ties with the Caspian country and discussions on crisis responses
Letter from Bishkek: A lack of links
Kyrgyzstan’s heavy dependence on hydropower is both a blessing and a curse. The country’s perennial problems with power supply demonstrate the need for regional energy connectivity and cooperation
Letter from the UAE: Learning to live without Hormuz
The Iran war has given ADNOC both the motive and the urgency to sever its dependence on the world's most dangerous shipping lane
EMEA
Saudi Arabia and Russia’s complex but enduring pact
The alliance has the battle scars from a decade of oil shocks, a pandemic, a war in Ukraine and now conflict between the US-Israel and Iran as another blow, but a flurry of deals at SPIEF underscore the enduring power of the relationship
Finding direction in Europe’s vertical corridor plan
Ukraine’s vast gas storage has become central to a key route amid shifting priorities for the continent
Iraq, Iran and the new Gulf power balance
Hydrocarbons, economic influence and strategic geography increasingly define Iraqi-Iranian relations, with implications for regional stability and global energy security
Asia Pacific
India’s pivot power
The crude importer’s strategic diversification, its eye for a cheaper barrel and its strength in flexibility has seen Venezuela emerge as a major supplier as it looks beyond the Middle East