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Geopolitics / Middle East

Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk

May 11, 2020 at 17:03 | Simon Watkins

At no time since Ibn Saud first consolidated his Arabian conquests into the Kingdom of Saudi Arabia in 1932 has the ruling Saud dynasty faced such an existential threat to…

Russia And China Are Battling For Influence In Oil Rich Iraq

May 05, 2020 at 11:53 | Simon Watkins

With the U.S.’s patience wearing thin on its dealings with neighbouring Iran, endemic corruption still prevalent in both the south of the country and in the northern semi-autonomous…

Could Low Oil Prices Spark A New War In The Middle East?

Apr 24, 2020 at 17:46 | Haley Zaremba

It may seem that the worst-case scenario has already come to pass, as United States crude prices plunged far below zero on Monday, with the West Texas Intermediate…

Oil Smuggling And Politics: Washington’s Patience With Iraq Is Wearing Thin

Apr 08, 2020 at 16:53 | Simon Watkins

Under its effective leader, firebrand ultra-nationalist cleric Moqtada al-Sadr, Iraq is theoretically committed to not allowing itself to become overly dependent on any one country. That was the rallying call…

Does Saudi Arabia Really Fear A Bernie Presidency?

Mar 05, 2020 at 16:47 | Julianne Geiger

Democrat presidential hopeful Senator Bernie Sanders raised eyebrows on the campaign trail when he referred to Saudi Arabia’s leadership as “murderous thugs”, raising the question of just how concerned the…

Coronavirus Hurts Middle East Economies Beyond Oil

Mar 04, 2020 at 15:26 | Tsvetana Paraskova

The Middle East oil exporters are grappling with depressed demand in their key market, China, due to the coronavirus outbreak. The economies of the Arab Gulf countries are feeling the…

This Country Is A Safehaven In An Unstable Middle East

Feb 27, 2020 at 15:18 | Simon Watkins

With a fiscal breakeven oil price of just over US$87 per barrel (pb) of Brent this year, around 85 per cent of its revenues still coming from the hydrocarbons sector,…

What Iran’s Election Result Means For Oil Markets

Feb 24, 2020 at 10:53 | Simon Watkins

Ever since the Joint Comprehensive Plan of Action (JCPOA) was agreed in principle in 2015 by Iran and the P5+1 group of nations (U.S., U.K., France, Russia, and China plus…

Russia Is Defeating The U.S. In The Middle East Oil Game

Feb 18, 2020 at 17:34 | Simon Watkins

Historically, Russia goes to great lengths to hide or disguise its strategic intentions but it clearly feels empowered enough in the Middle East to very obviously stake its claim in…

U.S. Set To Extend Iraq Waiver For Energy Imports From Iran

Feb 10, 2020 at 13:00 | Tsvetana Paraskova

The United States is inclined to extend the waiver to Iraq to continue importing electricity and natural gas to Iran, which are vital to Iraq’s energy needs, three senior Iraqi…

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