On June 17, the European Union (EU) signed a memorandum of understanding with both Egypt and Israel that creates a framework for Israel to expand its natural gas exports to Europe via Egypt. The EU also agreed with Egypt to increase collaboration on renewable energy, hydrogen, energy efficiency, and the …

The main objective of President Joe Biden’s trip to the Middle East last week was to signal to both partners and adversaries that the United States was serious about restoring its strategic position in the region, which has taken considerable hits in recent years. Contrary to conventional wisdom, the visit …

Turkey’s economic problems continue to go from bad to worse. Its foreign trade deficit has reached a monthly average of $8 billion this year. Amid the sharp rise in global energy prices this spring following Russia’s invasion of Ukraine, the country’s average gross energy imports shot up from $3-4 billion …