Energy

Targeting China’s third-largest oil company highlights the South China Sea’s importance to U.S. strategy, which is unlikely to change under Biden.

Militants in Mozambique will continue to gain ground near the liquified natural gas (LNG) park under construction in the country’s north until the government deems the economic and political threat large enough to warrant foreign support.

Without an uptick in private sector activity, Riyadh’s spending cuts will raise the risk of social unrest.

The opposition now controls nearly half of Kuwait’s National Assembly, setting the stage for delayed reforms and political gridlock.

Internal disputes among the world’s oil producers next year could leave the global market oversupplied and prices relatively low.

As PKK militants fight to secure their position in northern Iraq, additional attacks against other Kurdish forces and nearby oil facilities are likely.

The proposed tax for wealthy Omani citizens underscores the growing pressure on GCC states to reduce their heavy reliance on oil and gas revenue.

Arce’s administration will struggle to garner the political support and foreign investment needed to revive the country’s pandemic-rattled economy.