In the Middle East and north Africa, global warming is not a distant threat, but an already painful reality. Rising temperatures are exacerbating water shortages...
detailsThe White House is worried about “the need for reliable and stable global energy markets,” according to a statement by national security adviser Jake Sullivan released on Wednesday...
detailsAlthough more supplies will be coming to market, the economic impact of this decision will depend on issues of timing, royal rapprochement, and new COVID surges.
detailsThe public disagreement between the United Arab Emirates (UAE) and Saudi Arabia this week in the OPEC+ group has shaken international markets given the high stakes involved for a deal supporting...
detailsThe parliamentary committee of Oil and |Power confirmed that selling oil in an advanced payment is a violation to...
detailsIraqi High Commission for Human Rights reported on Thursday an increase in poverty rate in Al-Basra governorate...
detailsThe daily Iraqi oil export has declined during June from 3.21 to 2.8 which was in the previous month according to the ministry of Oil statement on Wednesday.
detailsFor autocratic regimes, increasing taxes could put their survival at risk.
detailsThe intervention of President Trump, worried by the decimation of comparatively high cost U.S. shale oil production companies, forced President Putin and Saudi Crown Prince Mohammad bin Salman to back off...
detailsThe fundamental reason is that the coronavirus pandemic has suddenly reduced demand by around 30 percent because we are not driving cars, not going to work, not manufacturing things in most factories, here and in much of the world.
detailsThe Iraqi government should rationalize its expenditures
detailsThe market appears to doubt that the deal will suffice, and royal family dynamics could push the oil crisis into further rounds.
detailsA regular survey of experts on matters relating to Middle Eastern and North African politics and security.
detailsTotal U.S. production from all sources will remain the worlds largest no matter how low prices go, leaving Washington (and Texas) with considerable room to help domestic companies and press Riyadh and Moscow on stabilizing prices.
detailsA train wreck is about to occur in the oil market, and there will be casualties. Russia and Saudi Arabia, which previously had cooperated in making the world market well-supplied, no longer can agree on how to share the benefits.
detailsReports of royal arrests, a possible coup plot, and a brewing oil price war suggest that the kingdom is facing another period of considerable political tension.
detailsFundamentally, the ceasefire, assumes the U.S. still matters in Syria. It does not.
detailsMoscow and Riyadh agreed to disagree but it does not exclude their cooperation in areas of mutual interest
detailsBaghdad has forged a 20-year deal to supply Beijing with oil in exchange for Chinese investments in projects to repair Iraqs war-damaged infrastructure.
detailsStarting a war to protect oil markets will only backfire.
detailsPentagon is cautious as Riyadh requests additional U.S. forces.
detailsA regular survey of experts on matters relating to Middle Eastern and North African politics and security.
detailsUnlike the 2008 global financial crisis, which was mostly a large negative aggregate demand shock, the next recession is likely to be caused by permanent negative supply shocks
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