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Geopolitics

Why Biden’s Approach To Venezuela Is So Important For Oil Markets

Nov 18, 2020 at 15:11 | Matthew Smith

In a hard-fought campaign Democrat Joe Biden won the November 2020 U.S. presidential race beating incumbent Donald Trump. There were considerable fears in the run-up to the election…

Saudi Arabia Says It Foiled Houthi Attack On Oil Facility

Nov 13, 2020 at 09:00 | Tsvetana Paraskova

Saudi Arabia has thwarted a planned attack with explosives against an oil products terminal near the border with Yemen, the Kingdom said early on Friday, adding that the attempted attack…

How Kurdistan Is Taking Advantage Of Iraq’s Oil Crisis

Nov 04, 2020 at 12:59 | Simon Watkins

Iraq is facing a desperate financial situation: obliged to pay billions of dollars in state salaries, pensions, and other disbursements whilst its ability to generate revenue to do so is…

Crucial Oil Infrastructure At Risk In New Caucasus Conflict

Oct 13, 2020 at 13:46 | Rystad Energy

Nagorno-Karabakh’s close proximity to key Azeri oil and gas infrastructure means that there will be more at stake if the region’s conflict with Armenia escalates further and jeopardizes key export…

Can Kuwait’s New Ruler Reform The Country?

Oct 05, 2020 at 17:05 | Simon Watkins

Following the death at 91 of Kuwait’s ruler, Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah, his half-brother, Sheikh Nawaf Al-Ahmed Al-Jaber Al-Sabah, aged 83, faces a daunting challenge characterised by…

U.S.-Seized Iranian Fuel Cargoes Stuck In Legal Limbo

Sep 25, 2020 at 12:39 | Charles Kennedy

The cargoes of Iranian gasoline that the United States seized more than a month ago continue to idle off the U.S. Gulf Coast amid a court battle over…

Belarus Crisis Highlights Europe’s Energy Problem

Sep 24, 2020 at 10:39 | Vanand Meliksetian

The ongoing demonstrations in Belarus and the looming instability are a threat to both Russia and the EU. Moscow prefers the continuation of Lukashenko's regime due to political reasons. Europe,…

Why Syria Is A Critical Part Of Russia's Energy Strategy

Sep 21, 2020 at 16:04 | Simon Watkins

Syria is crucial to Russia for three key reasons. First, it is currently the principal Western point of the Shia crescent of power that stretches from Syria and…

Mediterranean Tensions Flare Up As Israel Rehabilitates Pipeline

Sep 15, 2020 at 14:47 | Vanand Meliksetian

The Arab Spring was the start of an ideological conflict between Turkey and the wealthy Arab Gulf nations. Turkish assertiveness is strengthened by an expanding economy and a brand of…

Iraq Could Seek An Exemption From OPEC+ Output Cuts

Sep 11, 2020 at 10:19 | Irina Slav

Iraq is debating whether to ask to be exempted from the oil production cuts OPEC+ agreed on this April. Initially set at 9.7 million bpd, the cuts have now been…

China Looks To Build Espionage Hub In Iran Under 25-Year Deal

Sep 07, 2020 at 17:50 | Simon Watkins

The next phase of the 25-year deal between China and Iran will focus on a large-scale roll-out of electronic espionage and warfare capabilities…

Conflict Between Armenia And Azerbaijan Threatens Europe’s Energy Security

Sep 07, 2020 at 12:56 | James Durso

On 12 July 2020, Armenia’s military shelled the village of Aghdam in Azerbaijan’s Tovuz district in the northwest of the country. The forces of Azerbaijan responded, attacking Armenian military structures,…

What The UAE-Israel Deal Really Means For The Middle East

Aug 31, 2020 at 17:06 | Simon Watkins

The announcement on 13 August that Israel and the United Arab Emirates (UAE) will normalise relations, around the same as Israel’s Prime Minister Benjamin Netanyahu announced that he…

Could The GNA Ever Successfully Control Libya’s Oil?

Aug 19, 2020 at 12:45 | The Jamestown Foundation

Introduction The success of the Tripoli-based Government of National Accord (GNA) in forcing the withdrawal of the eastern-based Libyan National Army (LNA) from northwestern Libya has led to…

Oil Piracy Has Spiked During COVID Pandemic

Aug 18, 2020 at 16:53 | Alex Kimani

The year 2019 marked a crucial milestone in the fight against global maritime piracy. According to the International Maritime Bureau (IMB), global pirate attacks plunged to a 25-year low, with…

Iran Seizes Oil Tanker In Strait Of Hormuz

Aug 13, 2020 at 09:00 | Charles Kennedy

Iran reportedly seized a Liberian-flagged oil tanker in the Strait of Hormuz and then let it go, the AP has reported, quoting a U.S. military official. According to the…

Turkey Doubles Down On Drilling In Heavily Contested East-Mediterranean

Aug 11, 2020 at 12:10 | Vanand Meliksetian

When Turkey’s ruling Justice and Development Party (AKP) took power at the beginning of the century, the principle that got hold of the country’s foreign policy was called ‘zero…

Defiant Erdogan Says Turkey Has Resumed Mediterranean Gas Exploration & Drilling

Aug 10, 2020 at 13:47 | ZeroHedge

While over a week ago it was looking as if Turkey might back down on its ambitious oil and gas exploration aims in the eastern Mediterranean amidst global pressure, especially…

Taiwan Detains Chinese Oil Tanker

Aug 10, 2020 at 10:01 | Charles Kennedy

Taiwan has detained a Chinese tanker for allegedly illegal entry into its territorial waters, Taiwanese media report, adding that the six-member crew has been arrested. Taiwan has stepped up…

COVID-19 Is Causing The GCC To Crumble

Aug 07, 2020 at 13:43 | Global Risk Insights

May 25 marked the 39th anniversary of the founding of the Gulf Cooperation Council (GCC). Across the Gulf, the occasion was welcomed as an opportunity to reflect on…

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