Gulf and Arabian Peninsula

Faced with rapidly deteriorating public finances, Iranian policymakers had no choice but to reduce gasoline subsidies through a combination of rationing and price hikes. However, the way in which they did so was problematic, especially when they had other, better policy options that would have ensured a more equitable, effective, and efficient outcome.

The protests that began in Iran in mid-November may well have a direct impact on Tehran’s relations with Washington. Initially sparked by the Iranian government’s sudden decision to raise fuel prices, the demonstrations have made clear the country’s fragile socio-economic and political situation.

There is no end in sight to Iraq’s political crisis even though Parliament unanimously voted to remove Prime Minister Adel Abdul-Mahdi on Sunday. Abdul-Mahdi now tends a caretaker government while Iraq’s political leaders are interpreting the country’s constitution to give President Barham Salih 15 days starting from Nov. 30 to name a new prime minister.

Tehran’s reaction to the resignation of Iraqi Prime Minister Adel Abdul-Mahdi is one of accepting the seemingly inevitable.

Female entrepreneurs in Iran have to contend with domestic, social, and legal barriers. To overcome the challenges, they are increasingly embracing online business, and many use Instagram as a platform.

Adding to the backdrop of economic mismanagement, corruption, and increasing rates of poverty and inequality, the recent gasoline rationing and price hikes have ignited widespread and violent protests inside Iran. Despite recent changes, the country’s energy subsidy regime remains highly inequitable, ineffective, and inefficient.

Although 350 Iraqis have died to date and close to 16,000 have been wounded, protesters are not going home. Yet, most of the ruling clique is still rejecting the idea of forcing the prime minister to resign.

Since early October, the southern provinces of Iraq have been consumed by protests and strikes. While ruthlessly attempting to suppress protests, the Iraqi government has promised legal and political reforms. Yet some of the Kurdistan Region-Iraq’s elites are suspicious that the government’s reform agenda is a “conspiracy” against Kurdish entitlements masquerading as a good faith effort to placate the protestors. The region’s hegemonic parties are concerned that legal, constitutional, and procedural reforms may overhaul the institutions that guarantee their positions of influence in the federal government and secure their territorial claims.

Four decades on, echoes of the November 1979 assault on the Grand Mosque in Mecca continue to reverberate. Coming on the heels of the Iranian revolution and days after the Iran hostage-taking, the Mecca attack, carried out by a group of several hundred Saudi extremist Islamists declaring a new Mahdi, shocked the Sunni world and pushed Muslims in a far more conservative direction.

Fears of a large-scale war in the Middle East remain heightened as the U.S. continues ratcheting up sanctions against Iran while Tehran takes measures to scale back its restrictive commitments under the Joint Comprehensive Plan of Action (JCPOA). The latest sign of Iranian retaliation against the U.S. withdrawal from the 2015 nuclear accord was its decision, confirmed by the International Atomic Energy Agency (IAEA) on Nov. 11, to begin refining uranium at its Fordow underground enrichment facility.

Brenda Shaffer (Georgetown University), Anna Borshchevskaya (Washington Institute for Near East Policy), and Alex Vatanka (MEI) join host Alistair Taylor to discuss how the dynamics between Russia and Iran are playing out in the Caucasus, and what it means for the countries of the region.

On the surface the latest protests in Iran appear to be not that different from the previous ones in late 2017 and early 2018. In reality, however, things are quite different this time around, and the Iranian authorities are deeply alarmed.

The Saudi Aramco IPO got started this Sunday morning with shares priced at SAR 30-32 ($8-8.50) each, valuing the company at $1.7 trillion, $300 billion below the original estimate. The lower valuation has been expected for some time by most investment banks and many financial analysts. The proceeds are expected to fund the Public Investment Fund’s forays into non-energy-based companies, advanced technologies, and even robot-filled cities.

Amid widespread protests over an abrupt decision to hike gasoline prices by 50 percent, Iran’s internet is out again. The government cut access in what is widely seen as an attempt to stem the flow of information, pictures, and videos of protests that reportedly took place in at least 100 cities and towns and involved an estimated 87,000 Iranians.