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looking beyond borders

foreign policy and global economy

Archive for the tag “oil”

Russia’s Grand Plan To Gain Power In The Shadow Of U.S. Sanctions

The expiration of U.S. sanctions waivers for buyers of Iranian oil exemplifies how difficult it is today, even for the United States, to achieve foreign-policy goals without significant loses. Russia is in a prime position to deliver the oil removed from markets because of U.S. sanctions against Iran, which will result in development of cooperation between Moscow and countries important to American foreign policy. Thus, Russia will gain new leverage against the United States.

Read Here – The National Interest

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Trump’s Iran Policy Is Counterproductive

Iran is not an existential threat to the United States, but treating it as such could turn it into one. The Trump administration’s concerns about Iran are understandable, but its latest policy is  unnecessary, counterproductive, and harmful to American interests.

Read Here – Defense One

Is Russia Sleepwalking Into Chinese Dominance?

China and Russia both have features that unite them. Both are blatantly autocratic, show a callous disregard for human rights, and share an openness to using military force in their neighbourhoods. They also share a great interest in pushing back the West’s influence in the world. Yet, despite these various areas of cooperation, the list of potential conflict points between the two powers is long.

Read Here – WM Centre For European Studies

The New Saudi Diaspora

This new, outspoken Saudi diaspora poses several problems for the kingdom. For one, Saudi Arabia spends millions of dollars on scholarships in order to lessen its dependency on foreign labor; it cannot then afford to lose its highly educated young citizens to exile abroad. The diaspora is also creating an image issue.

Petroleum Powerhouse: Why America No Longer ‘Needs’ the Middle East

During the Cold War, the United States had strong interests in ensuring the Middle East was not dominated by the Soviet Union… But today, there is no threat to the region from any hegemon. Not only that, but also the world energy balance of power has shifted dramatically. With a vastly different geopolitical reality, U.S. foreign policy should modernise and recalibrate, starting in the Middle East.

Read Here – The National Interest

Great Power Problems: Russia Wants Control Over The Arctic Region

Temperatures are rising inside the arctic circle. Earlier this month, the Russian government irked Washington by claiming sovereign rights over the Northern Sea Route (NSR). The waterway, which stretches from Russia’s border with Norway to the Bering Strait between Siberia and Alaska, is one of the world’s emerging trade arteries.

Read Here – The National Interest

Growing U.S. Pressure Is Emboldening Iranian Hardliners

As the influence of Iranian hardliners increases, so does the likelihood that Iran will tap into its underused leverage to raise the costs for U.S. actions against it.

Read Here – The National Interest

Trump’s Big Iran Oil Gamble

The Trump administration’s announcement Monday that it is ending waivers allowing several countries to keep importing Iranian crude is likely to push up oil prices and sour relations with U.S. friends and rivals alike that rely on Iranian energy, all while stoking more tensions in the waters around the Persian Gulf.

Read Here – Foreign Policy

Saudi Aramco Reveals Its Financials — And More Secrets

Another day, another Saudi headline — but one far different from the usual riff about the murder of journalist Jamal Khashoggi, the war in Yemen, the crown prince known as MbS, or the kingdom’s imprisoned women activists: The state-owned oil company Saudi Aramco made more profit last year than any other company in the world.

Read Here – The Hill

Arab Leaders Call For Palestinian State, Condemn US’s Golan Move

Arab leaders meeting in Tunis have issued a renewed call for the establishment of a Palestinian state and condemned a move by the United States to recognise Israeli sovereignty over the occupied Golan Heights. Held in Tunisia’s capital, the 30th Arab League summit kicked off on Sunday against the backdrop of ongoing wars in Syria and Yemen, instability in Libya and mass anti-government protests in Algeria and Sudan, as well as a continuing boycott of Qatar by four fellow bloc members.

Read Here – Al Jazeera

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