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Energy dominance as diplomatic leverage
Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics
European gas: From bad to much worse
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
Explainer: Fujairah on high alert
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
Middle East oil vulnerabilities have been exposed
The killing of Iran’s Supreme Leader Ayatollah Khamenei in US–Israeli strikes marks the most serious escalation in the region in decades and a bigger potential threat to the oil market than the start of the Russia-Ukraine crisis
Letter from the Middle East: Aramco provides big global gas reveal
The Saudi energy leader’s announcement of first production at Jafurah and the launch of operations at the Tanajib Gas Plant marks a turning point not just for the company, but for the world’s energy landscape
EU sanctions push stalls ahead of fourth anniversary of Russian invasion
As Europe marks the fourth anniversary of the Russia-Ukraine conflict, EU efforts to tighten sanctions on Moscow have stalled
Letter from Iran: Testing times for Tehran-Beijing crude dynamics
Growing pressure from the Trump administration continues to threaten a resilient China-Iran oil nexus
EU methane regulation could backfire
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
Letter from Europe: Gas crossroads
Caught between LNG risks from across the Atlantic and the wounds from Russian gas dependence, Europe needs more than a simple diversification strategy
Gas deal keeps Lebanon’s offshore hopes alive
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
Opposition candidate Kemal Kilicdaroglu
Turkey Politics Gas
Victor Kotsev
24 April 2023
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The energy stakes of Turkey’s heated presidential election

Besides fraying democracy, different visions for Turkey as a regional gas hub hang in the balance in a fateful election in May

Polls in Turkey suggest a slim lead for joint opposition candidate Kemal Kilicdaroglu, who is running to unseat strongman populist Recep Tayyip Erdogan after two decades in power. Whatever the results, Turkey’s energy clout will likely continue to grow, and the next government will seek to enhance its status as a regional gas hub feeding Europe. Yet there are nuances: most importantly, perhaps, how big a role Russia will play in pursuing these ambitions. “Putin and Erdogan are both confronting political challenges and that does not create the circumstances in which to make pragmatic decisions about energy policy,” says Elizabeth Stephens, managing director of UK-based consultancy Geopolitica

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Energy dominance as diplomatic leverage
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