United States

Russia

India

Economics

Energy

Politics

India's state-run refiners, Indian Oil and Bharat Petroleum, have resumed purchases of Russian crude for September and October delivery after discounts on Urals widened to around $3 per barrel, up from the narrower $1.70-$2 discounts seen in August, Reuters reported on Aug. 20.

India, Russia: Indian State Refineries Continue Russian Crude Purchases Despite U.S. Warnings

Argentina

The 2nd Circuit Court of Appeals in New York suspended the order of a district judge and allowed Argentina to keep its shares in oil and gas company YPF while the country appeals a ruling that ordered the government to transfer its 51% stake in the company, El Pais reported on Aug. 15. 

Argentina: YPF Ruling To Alleviate Short-Term Concerns, But Long-Term Uncertainty Will Persist

Slovakia

Hungary

Ukraine

Military & Security

Russian crude oil deliveries to Hungary and Slovakia via the Druzhba pipeline were suspended on Aug. 18, Reuters reported the same day, citing officials from both European countries who attributed the disruption to Ukrainian strikes on a transformer station.

Hungary, Slovakia: Russian Crude Flows Via Druzhba Pipeline Halted Following Ukrainian Attack

Saudi Arabia

Saudi Arabia's Public Investment Fund wrote down $8 billion in the valuation of its holdings in five of the Saudi kingdom's megaprojects, including the flagship Neom project, the fund said in its 2024 annual report published on Aug. 13.

Saudi Arabia: Public Investment Fund Writes Down Value of Saudi Megaprojects by $8B

Norway

The head of Norway's counterintelligence agency said Russian hackers were responsible for a cyberattack on a dam in western Norway in April, Reuters reported on Aug. 13.

Norway: Norwegian Intelligence Attributes Dam Cyberattack to Russian Hackers

China

Environment, Science & Technology

In the latest sign of easing tensions between Beijing and New Delhi, China relaxed restrictions on urea exports to India, and the two countries are reportedly set to resume direct flights as early as September, Bloomberg reported on Aug. 12.

India, China: Eased Exports, Resumed Flights Show Continued Thaw in Relations

Germany

Romania

Italy

Romanian authorities are investigating a suspected case of Russian sabotage involving the deliberate contamination of Azerbaijani crude bound for OMV Petrom's Petrobrazi refinery, G4media reported Aug. 7, citing sources close to the investigation.

Europe, Romania, Russia: Russia Suspected of Sabotage Behind Contaminated Batches of Azerbaijani Crude

Mozambique

French multinational energy company TotalEnergies resumed "major works" on its $20 billion Mozambique LNG project, with a "senior source" close to the project acknowledging that the company was now "beyond preparatory works," Zitamar News reported on Aug. 6.

Mozambique: 'Major Works' on Mozambique LNG Reportedly Resume Prior to Lifting of Force Majeure

The world is connected, but even the broadest topics deserve an individual look. Below are our latest and most relevant energy analyses.

Below are our latest and most relevant energy analyses.

Sub-Saharan Africa

Americas

Asia-Pacific

Europe

Eurasia

Middle East and North Africa

South Asia

The Libyan Civil War

The Fight Against the Islamic State

The Politics of Pipelines

_Energy

Nigeria: Obstacles to Prosperity

The Battle for Mosul

A Crude Recovery

Broken Contracts in the Middle East

Russia's Internal Struggle

East African Integration

Assessments

Bahrain

Kuwait

Oman

Qatar

United Arab Emirates

Gulf Cooperation Council (GCC) Secretary-General Jassim al-Budaiwi and the foreign ministers from the six GCC countries (Kuwait, Qatar, Oman, Saudi Arabia, Bahrain and the United Arab Emirates) pose for a group photo during the GCC foreign minister meeting in Kuwait City on June 2, 2025.

Despite global economic uncertainty and oil price volatility, Gulf Arab states are expected to sustain solid economic growth, driven by strong fundamentals, substantial buffers and ongoing diversification efforts.

Solid Fundamentals Shield GCC Economies From Global Volatility

Israel

Palestinian Territories

U.S. President Donald Trump (R) looks at Russia's President Vladimir Putin on Nov. 30, 2018, during the G20 Leaders' Summit in Buenos Aires, Argentina. U.S. President Donald Trump and Russian President Vladimir Putin are expected to meet in the coming days.

Israel-Hamas Conflict

Russia-Ukraine Conflict

A look at what the coming week will bring -- and a list of recommended RANE articles from the week that was.

The Weekly Rundown: A Trump-Putin Summit, the Deadline for a U.S.-China Tariff Pause

U.S.-China Relations

Snapshots

U.S. President Donald Trump (left) and Russian President Vladimir Putin arrive at a press conference after their summit on July 16, 2018, in Helsinki, Finland.

The meeting risks sidelining Ukraine and enabling Russia to delay sanctions, consolidate battlefield gains, and advance its strategic interests through a U.S.-Russia peace framework.

What To Expect From the Upcoming Trump-Putin Summit

An oil tanker train passes near a refinery in Guwahati, India, on March 30, 2023. 

Global Trade

For now, India will likely keep importing cheap Russian oil in the hopes it can soon secure tariff relief, either directly via a U.S. trade deal or indirectly via a breakthrough in U.S.-Russia talks on Ukraine.

Will Trump's Tariffs Deter India From Buying Russian Oil?

Iran

Iraq

Turkey

Iraq and Turkey's flags together on a textile cloth fabric 

Turkey is repositioning itself in Iraq by replacing its security-heavy posture with a push for economic and energy integration, signaling Ankara's long-term ambitions to become a regional power broker as U.S. and Iranian influence wanes.

Turkey Shifts Iraq Strategy Amid Waning U.S. and Iranian Influence

A gas flare is seen in the disputed Penja Ali district of Kirkuk in northern Iraq.

The oil-salary agreement could cement the Iraqi government's control over Kurdistan, permanently clipping the region's autonomy ambitions, but several roadblocks to implementation remain.

New Iraq-KRG Oil Deal Institutionalizes Baghdad's Dominance

The sun sets behind electrical grids in the southern Iraqi city of Nasiriyah on Jan. 3, 2021. 

Power outages will likely worsen this summer amid Iraq's inability to meet surging demand and reliance on unreliable Iranian gas supplies, raising the risk of larger and potentially more violent protests.

Iraq's Worsening Electricity Crisis Risks Fueling Bigger Protests

Over the next decade, Gulf Arab states will increase oil and gas exports to emerging Asian markets, seeking alternatives to the U.S. amid tariff uncertainty. But the region's military and tech ties with the U.S. will remain strong.

Geopolitics of Trade: Gulf Arab States Balance Diversification With Enduring U.S. Ties

Armenia

Azerbaijan

Georgia

A man walks past Azerbaijan's Embassy in Moscow on July 2, 2025. 

As the relationship between Azerbaijan and Russia sours, outside powers will embrace opportunities to increase their influence in the Caucasus.

 In the Caucasus, Russia's Sway Weakens Amid Quarrel With Azerbaijan

An oil tanker is seen at Saudi Arabia’s port of Ras al-Khair. 

Despite the ceasefire, the risk of a renewed conflict remains, which could again drive oil prices higher if Iran and/or its proxies begin attacking regional oil infrastructure and shipping.

Assessing the Oil Market Volatility Caused by the Israel-Iran War

A Northrop B-2 Spirit on July 4, 2020, near the White House in Washington. 

Even if carefully calibrated, Iranian retaliation of any form will risk inviting more U.S. strikes and greater escalation that could result in Iran following through on more of its significant threats against the regional oil and gas sector and/or the United States.

Iran's Retaliation Against the U.S. Will Likely Be Limited, but Will Still Risk Escalation

U.S.-Iran Relations

Italian Prime Minister Giorgia Meloni speaks to media during the closing press conference of the G7 Summit in Fasano, Italy, on June 15, 2024. 

Italy is seeking to embed its Mattei Plan into EU policy to gain support for its immediate goals of energy security and migration control, but structural issues will likely limit Rome's long-term influence in Africa.

Italy Syncs Its Mattei Plan for Africa With EU Initiatives

Energy

SITUATION REPORTS

India, Russia: Indian State Refineries Continue Russian Crude Purchases Despite U.S. Warnings

Argentina: YPF Ruling To Alleviate Short-Term Concerns, But Long-Term Uncertainty Will Persist

Hungary, Slovakia: Russian Crude Flows Via Druzhba Pipeline Halted Following Ukrainian Attack

Saudi Arabia: Public Investment Fund Writes Down Value of Saudi Megaprojects by $8B

Norway: Norwegian Intelligence Attributes Dam Cyberattack to Russian Hackers

India, China: Eased Exports, Resumed Flights Show Continued Thaw in Relations

Europe, Romania, Russia: Russia Suspected of Sabotage Behind Contaminated Batches of Azerbaijani Crude

Mozambique: 'Major Works' on Mozambique LNG Reportedly Resume Prior to Lifting of Force Majeure

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