New leadership and new challenges for Saudi Arabia's oil industry
Saudi Arabia surprised the global oil and gas industry earlier this month by reshuffling its top two energy positions. Long-serving technocrat Khalid al-Falih was ousted as chair of Saudi Aramco one day and as head of the Ministry of Energy the next.
Yemen’s peace process: The Hodeida Agreement that never was?
In late July, Lt. Gen. Michael Anker Lollesgaard left Yemen after his six-month term as the second head of the UN Mission in support of the Hodeida Agreement (UNMHA) came to an end. Unlike his predecessor, Maj. Gen. Patrick Cammaert, who departed quietly, Lollesgaard was given a proper sendoff from Sana’a. A senior Houthi commander, Maj. Gen. Ali al-Musheki, even went so far as to describe Lollesgaard as “a conscientious military commander.”
Monday Briefing: Attack on Saudi oil facilities has an impact far beyond the kingdom
This week’s briefing on recent news and upcoming events in the region featuring Ruba Husari, Paul Salem, Gerald Feierstein, Amal Kandeel, Grace Wermenbol, Robert S. Ford, Charles Lister, and Gonul Tol.
This week’s briefing on recent news and upcoming events in the region featuring Marvin G. Weinbaum, Robert S. Ford, Fatima Abo Alasrar, Jean-François Seznec, Michael Sexton and Eliza Campbell.
Is it too late to save Lebanon from financial collapse?
Things seem to be going from bad to worse for Lebanon’s economy. On Aug. 23 Fitch downgraded its credit rating to CCC, meaning both it and Moody’s now rate the country’s bonds as junk. Ten days later, on Sept. 2, Lebanon’s top officials and bankers declared the country was in a state of economic emergency and said emergency measures would be taken.
Libya’s Hifter and the false narrative of authoritarian stability
Khalifa Hifter has managed to garner outside support by appealing to foreign states’ desire for a stable Libya, but this rogue former general and would-be authoritarian has proven a troublesome proxy. In supporting his ongoing offensive on Tripoli, foreign states are undermining their own narrative of authoritarian stability.
International Politics of Syrian Refugee Return: The Case of Lebanon
There are three sets of actors whose involvement has significantly affected the Syrian refugee situation in Lebanon: UN agencies, humanitarian organizations, and key regional countries (notably, Iran) and major powers (especially the US, EU, and Russia). This article briefly examines the international politics of Syrian refugee return in the case of Lebanon.
Monday Briefing: Fighting flares up in southern Yemen
This week’s briefing on recent news and upcoming events in the region featuring Fatima Abo Alasrar, Gonul Tol, Marvin G. Weinbaum, Randa Slim, and Michael Sexton and Eliza Campbell.
Monday Briefing: US-Turkey dispute over Syria comes to a head
This week’s briefing on recent news and upcoming events in the region including the Turkish-U.S. crisis meeting in Ankara on Syria, the resumption of U.S.-Taliban negotiations, Trump’s creation of a new “dovish” line on Iran, a rise in Egypt’s poverty levels, Sudan’s democratic transition, the easing of female guardianship rules in Saudi Arabia, and the end of the ceasefire in Idlib, featuring Charles Lister, Marvin G. Weinbaum, Paul Salem, W. Robert Pearson, Mirette F. Mabrouk, Thomas W. Lippman, and Robert S. Ford.
The Gulf states, the “deal of the century,” and the Iranian threat
Many analysts have been dismissive of the plan’s prospects, but for Gulf states like Saudi Arabia, the UAE, and Bahrain, there’s at least one major reason to line up with Washington on the issue: Iran.
Divided over narratives: The new fault line in the Arab World
Many of the divisions in the Arab World today are ideological and revolve around narratives — carefully constructed ontological representations of both how the world works and how it is supposed to work conforming to clearly set out interests and values. While the old sectarian narratives might still play an underlying role, what divides Arabs from Morocco to Oman are different grand-strategic visions of the region’s future after the Arab Spring.
OPEC+ agrees to production-cut extension and new charter amid rising Middle East tensions
OPEC+ nations have ended speculation about whether they would continue oil production cuts by agreeing to a nine-month extension. Led by the global petroleum powers Saudi Arabia and Russia, the group agreed on July 2 to extend the current level of cuts until the second quarter of 2020.
As it combats continuing stagnant growth, Lebanon’s economy is facing a looming debt crisis. Omar Slim, senior investment manager and committee member with Lebanese International Finance Executives (LIFE), joins host Alistair Taylor to discuss the current threats to Lebanon’s economy and the need for financial consolidation.
Shale oil and the illusion of US energy independence
U.S. crude oil and energy product exports surged to an all-time high in the third week of June, making the country a net exporter of oil and products for the third time since November 2018. This change lends credence to American officials’ presumption that amid growing U.S.-Iran tensions in the Persian Gulf, Washington is less compelled to police oil transit routes in the region, especially the Strait of Hormuz, than it was during the 1980s. However, while the U.S. is less reliant on oil imports than in the past, it still remains dependent on Gulf producers, albeit in different ways.
