Cuba

United States

Russia

Economics

Energy

Politics

A sanctioned Russian tanker, the Universal, has drifted nearly 1,600 kilometers (1,000 miles) off the Cuban coast since mid-April, Bloomberg reported on May 5.

Cuba, Russia, U.S.: Russian Tanker Headed To Cuba Halts in the Atlantic

Venezuela

The U.S. Department of the Treasury announced on May 5 that it had issued a license allowing Venezuela to hire consultants and legal and financial advisers for debt restructuring negotiations.

Venezuela, U.S.: Washington Authorizes Caracas To Engage Advisers for Debt Restructuring

Italy

Azerbaijan

Italian Prime Minister Giorgia Meloni met Azerbaijani President Ilham Aliyev in Baku and said Italy would deepen cooperation with Azerbaijan in energy, defense, security, transport, logistics, investment and political dialogue, Bloomberg reported on May 4.

Azerbaijan, Italy: Meloni Pledges Closer Energy Ties With Baku Amid Iran War Supply Disruption

Kazakhstan

Kazakh Deputy Energy Minister Sungat Yesimkhanov said Kazakhstan may stop importing electricity from Russia in 2027 if planned domestic power facilities are commissioned by the end of 2026 or early 2027, TASS reported on May 5.


Kazakhstan, Russia: Astana Targets 2027 End To Russian Power Imports

Indonesia

Japan

Vietnam

Environment, Science & Technology

Military & Security

Japanese Prime Minister Sanae Takaichi signed agreements with Vietnamese Prime Minister Le Minh Hung to deepen cooperation on energy, critical minerals, artificial intelligence, semiconductors and space during the former's visit to Hanoi, Reuters reported on May 2.

Japan, Indonesia, Vietnam: Tokyo Deepens Strategic Foothold in Southeast Asia

Algeria

Iraq

Kuwait

Oman

Saudi Arabia

United Arab Emirates

The seven OPEC+ members implementing voluntary production cuts agreed to increase production by 188,000 barrels per day in June, according to a statement released on May 3. 

Global: OPEC+ Agrees to Modest but Symbolic Production Hike in First Meeting Without the UAE

Ukraine

Russia-Ukraine Conflict

Ukraine's repeated drone strikes on Russian energy infrastructure in April, including a fourth attack on Tuapse within a month, pushed Russian refining runs down to their lowest level since 2009, The Moscow Times reported on May 1.

Russia, Ukraine: Ukrainian Strikes Force Tighter Russian Fuel Management

Belgium

The Belgian government and French utility Engie agreed on April 30 to a framework paving the way for possible state acquisition of Belgium's nuclear assets, including the seven reactors operated by Engie subsidiary Electrabel, Prime Minister Bart De Wever announced on X, arguing for a full takeover of the country's nuclear fleet to strengthen energy security.

Belgium: Government Advances Talks for Possible State Takeover of Nuclear Assets

The world is connected, but even the broadest topics deserve an individual look. Below are our latest and most relevant energy analyses.

Below are our latest and most relevant energy analyses.

Sub-Saharan Africa

Americas

Asia-Pacific

Europe

Eurasia

Middle East and North Africa

South Asia

The Libyan Civil War

The Fight Against the Islamic State

The Politics of Pipelines

_Energy

Nigeria: Obstacles to Prosperity

The Battle for Mosul

A Crude Recovery

Broken Contracts in the Middle East

Russia's Internal Struggle

East African Integration

Assessments

Iran

Spain

A worker stands on the uploading dock of Cavaou LNG terminal in Fos-sur-Mer, France, on June 22, 2023, while the tanker boat "Lalla Fatma N'Soumer" arrives full of LNG ready to be delivered. 

Amid energy supply disruptions in the Middle East, Algeria's ability to capitalize on increased global prices and demand for energy exports will be constrained by limited spare capacity and bureaucratic obstacles.

Structural Constraints Will Limit Algeria's Ability To Capitalize on Tighter Energy Markets

Brazil

The Geopolitics of Natural Resources

If President Lula wins reelection in October, his administration would continue balancing the promotion of green initiatives with the expansion of mining and drilling, while retaining strategic neutrality in the U.S.-China competition.

The Balance Between Environmental and Extractive Policies in Brazil's Presidential Election, Part 1

An aerial view shows the Kazakh village of Ulken (foreground), where the country's first nuclear power plant is set to be built, on Sept. 22, 2024.

Kazakhstan will seek to balance its reliance on Russia to build its first nuclear plant by partnering with China on subsequent projects and by leveraging new mining laws to extract downstream technology from foreign partners.

Kazakhstan's Strategy to Control Its Nuclear Future Amid Russian Leverage

China

A Chinese vessel participates in oil exploration.

While China has so far fared well, persistent Strait of Hormuz disruptions would test its oil reserves and drive more defensive policies to secure growth, energy and export competitiveness.

Time Will Test China's Economic Resilience Against Iran War Shocks

Snapshots

The skyline of Dubai is seen on March 11, 2026.

The UAE's exit will enable it to boost production more quickly once shipping through the Strait of Hormuz normalizes, while hindering OPEC's ability to manage the subsequent price drops.

The UAE's Exit From OPEC Further Diminishes the Oil Cartel's Relevance

South Korea

India

Employees walk at the construction site of a gas metering station, part of the pipeline link between Bulgaria and Greece near the village of Malko Kadievo, on March 18, 2022. 

A look at what the coming week will bring -- and a list of recommended RANE articles from the week that was.

The Weekly Rundown: No U.S.-Iran Breakthrough, EU Ban on Spot Market Russian LNG

U.S.-Iran Relations

A digital illustration shows the euro currency symbol burning with a blue flame inside a gas stove. 

Brussels' strategy prioritizes temporary relief and coordination over broad market intervention, which will likely result in a fragmented response and sustained price volatility.

EU Outlines Energy Relief and Coordination Measures in Response to Iran-Linked Supply Shock

Egypt

The exterior facade of the new headquarters of Egypt's central bank is seen at the New Administrative Capital megaproject about 45 kilometers east of the current capital, Cairo, on Aug. 1, 2023. 

Egypt will try to avoid submitting to another IMF loan program, which would likely require unpopular austerity and privatization measures. But the escalating economic impact of the Iran war may eventually force its hand.

Iran War Fallout Could Force Egypt to Seek Another Unpopular IMF Bailout

Lebanon

Bulgaria

Romania

Chairman of the Joint Chiefs of Staff Gen. Dan Caine speaks as he displays a map showing the U.S. Navy's blockade of the Strait of Hormuz during a press briefing at the Pentagon on April 16, 2026, in Arlington, Virginia. 

The Weekly Rundown: U.S.-Iran Diplomacy, Political Instability in the Balkans

Satellite imagery shows a broad view of the Strait of Hormuz between southern Iran and Oman's Musandam Peninsula on April 7, 2026.

Pledges to reopen the strait will support U.S.-Iran diplomatic momentum and reduce near-term escalation risks, but shipping activity will recover only gradually amid persistent tensions, with a continued risk of disruption until a durable agreement is reached.

The Operational vs. Diplomatic Impact of the Strait of Hormuz's Nominal Re-Opening

Israel

Afghanistan

Bangladesh

Maldives

Nepal

Pakistan

Sri Lanka

A passenger boat sails past the Indian-flagged oil tanker Kashimasan, which is docked near an offloading terminal at Butcher Island (also known as Jawahar Dweep) off the coast of Mumbai, India, on April 1, 2026.

Energy and fertilizer price shocks from the Iran war will increasingly threaten energy supplies, crop yields and economic growth across the region, pressuring governments' foreign exchange reserves and heightening unrest risks.

In South Asia, Iran War Fallout Risks Worsening Economic and Political Instability

IMF officials participate in an economic outlook briefing in Washington, D.C., on April 14, 2026.

The sharp increase in global oil and fertilizer costs will force import-reliant, low-income nations in South Asia and sub-Saharan Africa to choose between fiscal discipline and maintaining social stability.

Iran War Price Shocks Will Hit Low-Income Energy Importers Hardest

Energy

SITUATION REPORTS

Cuba, Russia, U.S.: Russian Tanker Headed To Cuba Halts in the Atlantic

Venezuela, U.S.: Washington Authorizes Caracas To Engage Advisers for Debt Restructuring

Azerbaijan, Italy: Meloni Pledges Closer Energy Ties With Baku Amid Iran War Supply Disruption

Kazakhstan, Russia: Astana Targets 2027 End To Russian Power Imports

Japan, Indonesia, Vietnam: Tokyo Deepens Strategic Foothold in Southeast Asia

Global: OPEC+ Agrees to Modest but Symbolic Production Hike in First Meeting Without the UAE

Russia, Ukraine: Ukrainian Strikes Force Tighter Russian Fuel Management

Belgium: Government Advances Talks for Possible State Takeover of Nuclear Assets

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