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looking beyond borders

foreign policy and global economy

Archive for the tag “oil”

‘Arab Affairs Are Iran’s Business’

Iranians live in a troubled and unstable region. We cannot change geography, but our neighborhood was not always so stormy. Without delving too far back into history—although as an ancient peoples our memories are measured in millennia, not decades or even centuries—it’s safe to say that our region began to experience insecurity and instability when foreign, indeed completely alien powers, arrived and began interfering, argues Iran’s Foreign Minister Javad Zarif.

Read Here – The Atlantic

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Saudi King Seeks Oil-Pact Extension On ‘Epochal’ Russia Visit

Saudi King Salman bin Abdulaziz is making an historic first visit to Russia by a monarch of the Gulf kingdom as he and President Vladimir Putin seek an understanding on whether to extend an agreement curbing oil supplies.

Saudi Arabia Must Prepare For The Post-Petroleum Order

What’s the larger picture of Mohammed bin Salman as a reformer? The prince is trying to prepare Saudi Arabia for a post-petroleum order, in theory by unlocking competitiveness and creativity. His plan is detailed in Vision 2030. It includes reducing the number of royal family members on the government payroll. It also increases domestic tourism—based on the premises that the under-thirty generation has fewer resources to travel abroad for entertainment and tourism, and a desire to keep Saudi money within the kingdom.

Read Here – The National Interest

The Hajj: An Expression Of Saudi Power

The annual multiday Islamic pilgrimage known as the hajj began Aug. 31. Each year, a few million Muslims from across the globe flock to Islam’s two holiest mosques, in Mecca and Medina, to perform their religious obligation. But the hajj is more than a religious pilgrimage; it’s an expression of Saudi power. Stewardship over the sacred mosques in Mecca and Medina, and thus the control of the hajj, gives the monarchy in Riyadh a legitimacy no other country that claims to be a leader of the Islamic world has, especially among Sunni Arabs.

Read Here – Geopolitical Futures

China’s Plans To Rule The Seas Hit Trouble In Pakistan

China’s strategic ambition to extend its maritime power across the Indian Ocean is hitting severe obstacles in the giant, volatile Pakistani province of Balochistan. Beijing’s priority is to develop the sleepy Baloch fishing port of Gwadar, 300 miles west of Karachi, to project its commercial and naval influence further west. But kidnappings, drive-by shootings and bomb attacks in the past few weeks and months offer a chilling warning that China will have to pay a high price for a deep-water harbour near the mouth of the Persian Gulf.

Read Here – Politico

If You’re Wondering Why Saudi Arabia And Israel Have United Against Al-Jazeera, Here’s The Answer

When Qatar’s Al Jazeera satellite channel has both the Saudis and the Israelis demanding its closure, it must be doing something right. To bring Saudi head-choppers and Israeli occupiers into alliance is, after all, something of an achievement. But don’t get too romantic about this. When the wealthiest Saudis fall ill, they have been known to fly into Tel Aviv on their private jets for treatment in Israel’s finest hospitals. And when Saudi and Israeli fighter-bombers take to the air, you can be sure they’re going to bomb Shiites – in Yemen or Syria respectively – rather than Sunnis.

Read Here – Independent

New U.S. Documents Confirm British Approached U.S. In 1952 About Ousting Mosaddeq

The British Foreign Office approached the Truman administration on more than one occasion in late 1952 to propose a coup to overthrow Iranian Prime Minister Mohammad Mosaddeq, according to freshly declassified State Department documents. Posted today for the first time, two previously Top-Secret memoranda from senior officials at State refer to a series of communications and meetings beginning in October 1952 in which British officials tried to win U.S. approval of Mosaddeq’s ouster. The British government has steadfastly refused to release any materials that directly refer to its role in the operation that eventually took place in August 1953, and has consistently pressed the United States not to reveal any substantiation from American files.

Read Here – National Security Archive

The US Balance-of-Power Strategy In The Gulf Is Collapsing. But It Never Had A Chance Anyway

The ongoing dispute between Qatar and the rest of Arab Gulf Cooperation Council represents perhaps the greatest internal threat to the group since it was created as a bulwark against Shi’a radicalism in the aftermath of the 1979 Iranian revolution. The split all but eliminates any prospect that the United States could forge a regional – let alone an international – coalition to contain and roll back what many consider Iran’s growing regional clout.

Read Here – Defense One

Iran’s Rouhani Officially Begins Second Term

Rouhani is obviously not the same president-elect as he was in 2013. He now appears to be ready to draw his own road map in front of both friends and foes — including Khamenei. All of Rouhani’s men were at the ceremony, as were his rivals, from his predecessor, Mahmoud Ahmadinejad, to his most recent conservative presidential competitor, Ebrahim Raisi.

Read Here – Al Monitor

OPEC’s Game-Theory Dilemma

To win the price-setting game, oil producers need to address two related issues: They must maintain prices at a relatively high level without losing more market share to nontraditional producers, and they need to retain unity amid geopolitical tensions and disparities in domestic economic and financial situations.

Read Here – BloombergView

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