MENA Energy Recap, Q1-2026: Four Lessons From the Return of Tail Risk
This is a special edition of the MENA Energy Recap — a quarterly review of key energy developments that took place in the region from January through March of 2026 and what they signal in the months ahead. For Q1-26, the recap considers some of the long-term implications of the ongoing war in the region, which have caused the largest energy supply disruption in history, and what lessons these events hold for both near- and long-term energy dynamics in both the Middle East and the wider world.
How Israel-Backed Sweida Became Syria’s Narcotics Capital
In the early hours of Sunday, May 3, Jordanian F-16 fighter jets crossed into Syrian airspace and launched strikes on at least six locations in the southern province of Sweida. In a statement issued hours later, Jordan’s military said that “Operation Jordanian Deterrence” had targeted “factories, facilities and warehouses used by trafficking groups as launch points for smuggling operations into Jordan.”
The Houthis are a political-military faction and Zaydi religious movement founded in northwestern Yemen in the 1980s. A key member of Iran’s Axis of Resistance with links to other militant organizations in the Arabian Peninsula and the Horn of Africa, the group has continued to pose a threat to Western interests on a global scale.
Fixing America’s Failed Strategies in the Middle East
The Middle East is both central to key United States interests and prone to instability. Yet US national security and defense strategic guidance has struggled to account for the unique demands of the region. Calls for strategic divestiture from the region have grown in prominence among analysts and policymakers alike in recent years.
Battered but Still Standing, Egypt Tries to Weather the Economic Ravages of the Iran War
While Egypt is not in the direct line of fire in the US-Israeli war with Iran, its economy is acutely vulnerable to the conflict. In addition to the rising energy prices and shortages that have affected much of the world, it also struggled with issues that reflected its economy’s own underlying structural vulnerabilities.
From Hormuz to the Sahel: A Fertilizer Shock, and a Maghreb Solution
The war-time disruptions of international shipping passing through the Strait of Hormuz are spreading through the fertilizer market and affecting supply chains encompassing regions that have no margins to absorb the impact. The Sahel is one such region and now faces a severe threat of widespread hunger.
America Cannot Afford to Miss This Opening in Lebanon
President Donald Trump has an opportunity to do something no American president has managed in nearly half a century: end the war between Israel and Lebanon for good.
For two decades, US drones hunting terrorists across the mountains of South Asia were the symbol of American military power: precise, lethal, and unmatched. That era is now over. Drones are no longer exquisite tools of counterterrorism and have evolved into something far more common and destabilizing: cheap, expendable, and mass-produced tools of attrition.
Nearly two months into the Iran war, US President Donald Trump has announced an indefinite extension of the cease-fire between Washington and Tehran, even as control of the Strait of Hormuz remains contested. Hosts Alistair Taylor and Matthew Czekaj are joined by MEI Senior Fellow Alex Vatanka to explore where the conflict may be headed and unpack the factors at play. They discuss how Iran’s internal power structures have shifted since February 28, the prospects for a deal between Washington and Tehran, and what form a resumption of hostilities could take.
The US Has Secured a Cease-Fire in Lebanon. But Its Role Shouldn’t End There
Last Thursday, the US announced a 10-day cease-fire “to enable peace negotiations between Israel and Lebanon”. The State Department statement – reportedly agreed to by both governments – marked a significant diplomatic shift. It included an affirmation that “the two countries are not at war,” a commitment to work toward “full recognition of each other’s sovereignty and territorial integrity,” as well as “achieving a permanent agreement that ensures lasting security, stability, and peace.”
The war with the US and Israel has intensified pressure on the Iranian economy, but it has not represented a fundamentally new shock. The key question is not whether pressure exists, but whether it can be made decisive.
Bonus Episode: Stalled Talks and Next Steps for the US and Iran
This bonus episode of Middle East Focus features a recent MEI Virtual Briefing. Director of Communications Zeina Al-Shaib is joined by MEI Distinguished Diplomatic Fellows Alan Eyre and Daniel Benaim to discuss the historic talks held in Pakistan last weekend between the United States and Iran. Tehran insists the US failed to gain its trust, while the US made its red lines clear and declared it would blockade Iranian ports in the Persian Gulf. What happens next? Eyre and Benaim offer insights into what goes on behind the scenes at such negotiations; identify the core issues at play; explore potential incentives to end the war; analyze the weaponization of energy; as well as assess the role of other regional players in this conflict.
In the midst of a fragile cease-fire to the US-Israeli war on Iran, European leaders remain reluctant to get involved in another Middle Eastern war and are bristling under threats and insults from the US. As the NATO alliance frays and Russian attacks on Ukraine continue, the moment for Europe to take action has arrived, and is fleeting.
Turkey Sees Short-Term Pain, Long-Term Gain in the Iran War
The Iran war has posed significant immediate challenges for Turkey, including rising energy prices. But Turkish officials think that Ankara could reap benefits from the war in the long term.
