Eastern Mediterranean ///

Iran says it can double oil exports if market needs more barrels

Iran has capacity to double oil exports if there’s sufficient demand, a top official said, even as a deal on the country’s nuclear program that could pave the way for the lifting of sanctions remain elusive.

Romania plans to spur offshore gas output with tax tweaks

Romania is moving ahead with a plan to unlock stalled natural gas projects in the Black Sea as Europe searches for new energy resources to cut reliance on Russia following its invasion of Ukraine.

U.S. backs Mediterranean power projects to meet Europe’s energy needs

The U.S. is backing natural gas and low-carbon power sources as it seeks to improve the eastern Mediterranean’s energy ties to Europe and promote stability in the region.

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