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Archive for the tag “oil”

The Arab World’s American Savior Complex

America has learned few lessons from repeated failures and dire consequences of its interventions, from Iraq to Afghanistan to Latin America, but those in the region who look to the United States for salvation have short memories, too.

Read Here – Foreign Policy

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Iran Expected An Economic Boost From The Nuclear Deal. It’s Not Happening

Iranians have not seen as robust an economic recovery as many had expected to follow the JCPOA’s implementation. A morass of U.S. sanctions unrelated to the nuclear program has discouraged major international banks from investing in the country and made many companies wary of expanding into Iran.

Read Here – Defense One

You Can’t Understand ISIS If You Don’t Know The History Of Wahhabism In Saudi Arabia

It is not hard to understand how the founding of the Islamic State by ISIS in contemporary Iraq might resonate amongst those who recall this history. Indeed, the ethos of 18th century Wahhabism did not just wither in Nejd, but it roared back into life when the Ottoman Empire collapsed amongst the chaos of World War I.

Read Here – Huffington Post

The Cartel That Failed

Saudis, Russia, shale. That is all ye need to know in order to understand the oil market. The Saudis lead the OPEC oil cartel, Russia is their largest potential fellow traveler, and the Permian Basin in the Southwest is the oil-rich shale that stands between the other two and $100 per barrel oil.

Read Here – The Weekly Standard

Saudis Thinking Beyond Oil In Asia Courtship

China’s role and influence in global markets is a big lure to Saudi Arabia. It is the world’s largest energy consumer and the second-biggest importer of crude, after the U.S. Just like the Japanese, China is driven by its need to secure sources of energy. That gives Saudi Arabia an opportunity to solidify its market presence in Asia amid rising competition from Russia.

Read Here – Bloomberg

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

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

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