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The EU’s phase-out of Russian gas is not guaranteed

Location:

EU

This is the trajectory followed by the majority of member states. However, blockages remain in east-central Europe, where Turkey could play a role in maintaining direct or…

Europe will keep importing Russian LNG

Location:

RUSSIA

RUSSIA: Europe will keep importing Russian LNG

Gulf economies are on a stable track despite risks

Location:

GULF STATES

The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…

Shipping is vulnerable to more severe disruption ahead

Location:

INT

Shippers are being forced to take longer routes or pay higher insurance premiums, increasing costs, disrupting supply chains and absorbing the post-pandemic increase in shipping…

Trade will tighten Gulf-South Korea relations

Location:

GULF STATES/SOUTH KOREA

Previously, in December 2023, South Korea signed a landmark free trade agreement (FTA) with the six-nation Gulf Cooperation Council (GCC), only the bloc’s second with a major…

Ukraine will not extend gas transit agreement

Location:

UKRAINE

UKRAINE: Kyiv will not extend gas transit agreement

Turkey-Turkmen-Iranian gas swap could move quickly

Location:

TURKEY/TURKMENISTAN

Europe is increasingly interested in accessing large Turkmen gas reserves, potentially via Turkey, which has reached agreements with Turkmenistan on possible swap deals via Iran…

Slow and stuttering rebound for global manufacturing

Location:

INTERNATIONAL

Growth rates are strongest in the Americas, China, India and the Middle East. However, disruptions in the Red Sea and Panama Canal, and now the closure of the port of Baltimore…