Lebanon and Israel face more offshore gas challenges

The two countries looked to the recent delineation of their maritime border to unlock foreign investment

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New Cyprus president will pursue pro-Western policy

Christodoulides will deepen security ties with the United States and seek closer EU involvement in the Cyprus issue

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Although last year's recession was milder than expected, sanctions will limit recovery prospects going forward

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US output is key to oil market dynamics and will grow short-term, though contradiction clouds the outlook further out

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Reported agreements on oil sharing, the federal budget and Kurdish elections are breaking a logjam

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Saudi Arabia’s Aramco and its Chinese counterpart Sinopec have announced cooperation on petrochemical projects

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Middle Eastern states' ambivalent take on the Ukraine war has mitigated the effects of Russia's international isolation

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The tax waiver on fuels ends today, marking a victory for Finance Minister Fernando Haddad

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The EU ban puts close to one-quarter of Russia's refining output at risk and will cut into budget revenues

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In January, Libya’s National Oil Company and Italian company ENI agreed to develop two offshore gas fields

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