The story: Iran is expressing renewed concern over a Kuwaiti-Saudi project to extract gas from a contested offshore natural gas field. Meanwhile, some in Tehran are urging a parallel endeavor to also explore the field. Given the ongoing normalization of relations between Iran and Gulf Arab states, the contention has given rise to the question of how the Islamic Republic may approach the matter without forfeiting its claim.

The coverage: The head of Khatam Al-Anbiya Construction Headquarters, an influential conglomerate affiliated with...