GCC moves to mend Qatar rift
There are strong indications that Saudi Arabia and the UAE intend to normalise relations with Qatar
No announcement has been made about plans to lift the blockade imposed by Saudi Arabia, the United Arab Emirates (UAE), Bahrain and Egypt on Qatar in June 2017. Quite possibly no formal statement will ever be made. But several recent developments point to a gradual move towards the normalisation of relations. The first sign of rapprochement was both sides ending their vicious media propaganda war. In addition, Saudi Arabia and the UAE say their national teams will take part in a Gulf football tournament in the Qatari capital, Doha, later this month. The teams will arrive by plane, thereby effectively removing the air blockade of Qatar. In another sign of the changing atmosphere, the Qatari
Also in this section
24 January 2025
Domestic companies in Nigeria and other African jurisdictions are buying assets from existing majors they view as more likely to deliver production upside under their stewardship
23 January 2025
The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
23 January 2025
The country’s government and E&P companies are leaving no stone unturned in their quest to increase domestic crude output as BP–ONGC tie-up leads the way
22 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised