Shah modernized Iran with oil money, but seized all power; his 'Hamlet' indecision in crisis proved to be his downfall

Egypt has hosted its first ever regional gas forum, with several government delegations attending including the Israeli Energy Minister in the first such government invite for an Israeli Cabinet minister since its 2011 Arab Spring uprising

Saudi energy minister urges oil producers to do better to narrow price swings from $60 to above $86 a barrel

Iraq's oil minister says Iraq and Iran are jointly exploring two oil fields shared between the two countries, despite U.S. efforts to isolate Iran from global oil markets

Secretary of State Mike Pompeo sought to reassure U.S.-backed Kurdish forces in Syria that they will be safe after American troops withdraw from the country

Egypt creates new automatic price indexation mechanism for 95-octane gasoline, as part of a reform program aiming at reviving the country's economy

Plunging oil prices threaten Iraq's postwar recovery and could stoke more instability

Cyprus authorities say five crew members of a Maltese-flagged oil tanker who jumped overboard to avoid a fire aboard the ship have been rescued and taken to hospital

Iran's president has submitted next year's budget to parliament, the first after the United States renewed sanctions targeting the oil industry

State TV is reporting that Iran's Revolutionary Guard ground force has launched a drill near the strategic Strait of Hormuz, the passageway for nearly a third of all oil traded by sea