Ratio Energies Limited Partnership RATI

Chevron's local partners in Israel's Leviathan gas and condensate field binned a potential contract to supply natural gas from the Mediterranean project to two planned domestic power plants.

The 20-year contract, which excludes the U.S. energy giant, initially involves up to about 1.3 billion cubic meters.

The Middle East stock markets have recently faced volatility, with Gulf shares slipping amid geopolitical tensions and economic challenges impacting key indices. Despite these uncertainties, investors continue to seek opportunities in stocks with strong fundamentals and potential for growth, particularly those that can navigate the current market landscape effectively.