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Archive for the tag “oil”

The Power Struggle For The Throne And The Saudi ‘Reset’ With Trump

Ultimately, of course, policy differences, not personal ones, will matter most. Everyone in the Saudi leadership shares with the Trump administration a common view on the dangers posed by Iran. But there’s a gap in their respective positions on the war in Yemen and how the kingdom can best be extricated from it.

Read Here – Foreign Policy

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Gwadar, Chabahar And Dubai

By far, Gwadar is a decade ahead of Chabahar in terms of development and higher brand recognition among the maritime industry. Iran’s belligerent security posturing and interventionist policies of harbouring non-state actors in Muslim countries constantly put her at the risk of war as well as sanctions. Chabahar is and continues to be a fishing port and does not match Gwadar, which is a natural harbour and the deepest in Asia, with little need for continuous dredging.

Read Here – The Express Tribune

Saudis Sharpen Asian Focus With $65bn China Partnership

American disengagement from the Middle East is a factor behind Saudi Arabia’s turn to Asia. The kingdom relies on the U.S. for security. But that country needs Middle Eastern petroleum less nowadays, thanks to its exploitation of domestic shale oil and gas. Ties were further strained by the Obama administration’s overtures to Iran.

Read Here – Nikkei Asian Review

King’s Visit Fuses Saudi Vision 2030 And Belt And Road Initiative

Given its core Islamic values, Saudi Arabia plays a vital role in politics, economy, religion and security affairs in the Middle East and among Islamic countries. China is the key focus of Salman’s Asia tour. The trip is the first between top leaders of both countries since President Xi’s Middle East visit, and represents Saudi Arabia’s positive attitude toward China’s Belt and Road initiative.

Read Here – Global Times, China

Uncertainty In Iran

In the perennial effort to deduce the likely evolution of the tumultuous relationship between the United States and Iran, all eyes today seem to be trained on Washington. This is understandable; after all, the election of Donald Trump appears to be generating a marked shift away from the Obama Administration’s eight years of seeking to engage with the Islamic Republic, in favour of a more confrontational approach.

Read Here – The Cipher Brief

Saudis make Maldives land grab to secure oil routes to China

Saudi Arabia is seeking to secure oil trade routes to east Asia through a multi-billion dollar investment in a Maldives atoll, foreign policy experts and the Maldives’ former president have told Climate Home. The move could prefigure a Chinese military expansion into the heart of the Indian Ocean, one observer said.

Read Here – Climate Home

Should The U.S. Maintain Its Alliance With Saudi Arabia?

It is not that the U.S. shouldn’t walk away from Saudi Arabia because it is a major oil producer and a partner in the fight against terrorism, or because the bilateral relationship has benefited Washington. The larger issue is that if Saudi Arabia is left to its own devices, it will sow more chaos in the Middle East. That is something no one needs.

Read Here – Salon

Russia And Pakistan’s Reluctant Romance

Though relations between Russia and Pakistan remained turbulent over the years, they have been warming up over the last decade, with top political and diplomatic meetings. Moscow is reaffirming its role in its immediate domain and beyond, whereas Islamabad is seeking new avenues of opportunity, lessening its reliance on the United States in particular and the West in general.

Read Here – The Diplomat

How Trump Is Already Shifting Domestic Politics In Iran

As election season approaches with the May presidential vote around the corner, there will be more discussions of this sort among Iranian political factions. Through Khatami’s call for unity in the face of Trump’s threats as well as Rouhani’s defiant speech on Feb. 10, the moderates and the Reformists are in essence pushing to the fore the benefits of a national reconciliation. However, in response, the radical conservatives have far from welcomed such an initiative. I

Read Here – Al Monitor

The Promise Of Middle East Sovereign Wealth Funds

In the aftermath of the 2008 global financial crisis, investment capital became far scarcer and efforts to ensure SWF transparency and accountability gave way to competition for their capital. Far from a source of apprehension, SWFs have become beneficiaries of fiscal incentives designed to encourage investment in Europe.

Read Here – Project Syndicate

Abu Dhabi’s New $125 Billion Sovereign Fund Is Taking Shape

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