Daily Energy Report
Trump’s Mid-East visit, Gazprom EU exports, Egypt LNG, Venezuela avoids sanctions, US shale M&A, California gas prices, Vietnam/Russia nuke deal, Australia climate immolation, SAF & mandates, and more
May 12, 2025
Join us this afternoon for a Space on X:
President Trump’s Visit to Saudi Arabia, Qatar, & the UAE: Political & Economic Implications & Impact on Energy Markets
With Prof @BernardHaykel
Link: https://x.com/i/spaces/1rmxp/i/spaces/1rmxPyPWBZYKN
Today, May 12 at 2:00 PM US EST, 1:00 PM US CST
Sponsored by @Attaqa2
Story of the Day: Trump’s Visit to Saudi Arabia, Qatar, and the UAE
Reuters: Prospects of Saudi Ties to Israel Elusive as Trump Seeks $1 Trillion Bonanza
AP: Trump Visiting Gulf Arab States While Crises Flare in Gaza and Iran
BBC: Trump Heads to Saudi Arabia Eyeing More Investment in US
CNN: Trump is Visiting Three of the World’s Richest Nations. Here’s What’s on Their Wish List
Summary
Saudi Arabia, the UAE, and Qatar are leveraging their ties with Donald Trump during his upcoming visit to secure strategic and economic gains. Saudi Arabia seeks stronger US security commitments, a civil nuclear program, and stable oil prices despite Trump's push for lower costs. Saudi Arabia conditions resuming talks on an immediate Gaza ceasefire and a path to Palestinian statehood, which Israeli PM Netanyahu opposes. Trump may propose a US framework for a transitional Gaza government to restart diplomacy. The UAE aims to deepen economic ties through massive investments in AI, semiconductors, and energy while seeking relief from US tech export restrictions. Qatar, hosting the largest US military base in the Middle East, hopes to solidify its role as a mediator and push for lifting US sanctions on Syria. All three Gulf states view Trump’s visit as a unique opportunity to solidify their influence and extract favorable deals.