The UAE’s departure represents an undeniable strategic setback for OPEC+. Its most likely response will be to shore up the amount of output capacity subject to quotas. For now, there are two clear pathways it could take to accomplish this, although neither represents a quick fix.
Saudi Arabia has stepped up its efforts to unify and restructure Yemen’s anti-Houthi forces after the rapid expansion and sudden implosion of the United Arab Emirates-backed secessionist Southern Transitional Council following Abu Dhabi’s military withdrawal from the country.
The Abraham Accords have represented a remarkable shift in U.S. Middle East policy. They reframed Arab-Israeli normalization as a result of shared interests – within the Middle East and directly with the US, rather than as a byproduct of Israeli-Palestinian peace. Signed in September 2020, on the last leg of the first Trump administration, the Accords brokered by Washington normalized relations between Israel and the United Arab Emirates (UAE) and Bahrain, followed by framework agreements with Morocco and Sudan. From the American perspective, the Accords were intended to break decades of diplomatic stagnation in the Middle East in order to establish a regional framework aligned with American strategic objectives.
Pensions, sovereign wealth funds, and industrial policy in the Gulf: A look at fund consolidation
The last few years have seen a lot of consolidation in Gulf financial sectors. Not only do these mergers create economic benefits, the merged entities also become potent tools for economic development. The mega-funds and other major financial institutions are part of a trend where Gulf political elites sidestep ossified bureaucracies and instead centralize power in private entities over which they have even more control.
Industry analysts widely agree that OPEC+ production levels are currently well below the members’ authorized quotas and that any production increases will mainly be met by Saudi Arabia and the UAE. The challenges facing the group are daunting, but if met, seven major OPEC countries could feasibly raise crude oil production while utilizing existing infrastructure, significantly narrowing the global demand-supply gap.
Looking to the skies: The growing interest in cloud seeding technology in the Gulf
In response to water shortages exacerbated by population growth and climate change, an increasing number of countries have invested in weather modification technologies over the past decade, including precipitation enhancement, or cloud seeding. The UAE has been a leader in exploring this technology within the arid Gulf region, launching a cloud seeding program in 2002.
Could Ukraine Offer a Template for Better US-Gulf Security Relations?
Relations between Washington and some of its traditional Gulf Arab partners, particularly Saudi Arabia and the United Arab Emirates, are at their lowest point in history, which is why the Biden administration on Monday sent a high-level delegation to Abu Dhabi: specifically to pay respects upon the death of former UAE President Sheikh Khalifa bin Zayed Al Nahyan and to congratulate his successor, Mohamed bin Zayed, but more generally to try to heal those ties.
Making the most of Iran’s reserves will require it to develop shared fields like Dorra/Arash, a gas field located offshore in the northern Gulf, where Iran must vie with competing claims from neighboring Kuwait and Saudi Arabia. In the past, Iran has often neglected its joint gas fields as a result of sanctions and focused instead on meeting its rapidly growing domestic needs through exploiting non-shared fields, but the country says this must change going forward.
The CMF-153: Rebuilding US-GCC confidence through maritime security
Efforts to restore confidence between the U.S. and the Arab Gulf states took a first step with the recent formation of a new naval task force, known as the Combined Maritime Forces-153 (CMF-153), to improve maritime security in the Red Sea, Bab el-Mandeb, and the Gulf of Aden, including the hotspot of Yemen. Established in mid-April, the new task force intends to target weapons smuggling for Ansar Allah, as the Houthi militias are officially known, as well as human trafficking and the drug trade.
The UAE's food-security plans have made it a global market player
The two-month war between Russia and Ukraine has disrupted global food supplies, exposing the fragile state of food security across much of the Middle East and North Africa. Unlike those Mena nations struggling to secure cargoes of wheat and other staples, the UAE is in a better position, even though it currently imports 80 to 90 per cent of its food, thanks to its forward-looking food strategy during the past several years.
What would an Arab-Israeli military alliance mean for Iran?
In recent remarks, the Israel Defense Forces’ (IDF) Chief of Staff Aviv Kochavi announced preparations for a potential upcoming military operation, foreshadowing a possible move against Iran. Kochavi’s announcement came shortly after Israel and the foreign ministers of four Arab nations — Morocco, Egypt, the UAE, and Bahrain — along with U.S. Secretary of State Antony Blinken, met at the Negev Summit in the Israeli desert to lay the foundation for a strategic military alliance to deter “Iran and its associated militias,” as Israeli Foreign Minister Yair Lapid put it.
Some observers have been perplexed by perceived changes in the UAE’s foreign policy on a number of fronts. These supposed changes, however, are more consistent than they may first appear and certainly do not reflect the wider strategic direction of the UAE. These policy moves can be better understood through three “keys” that explain the UAE’s strategic map and its international engagement.
US-Gulf Relations at the Crossroads: Time for a Recalibration
The global response to Russia’s invasion of Ukraine has focused new attention on friction between the United States and its traditional partners in the Gulf and reinforced skepticism regarding the United States’ status as the dominant international partner in the region. It’s time for both sides to identify a realistic way forward that sheds outdated notions of mutual obligation without becoming merely transactional.
Gulf oil producers feel vindicated, but don’t expect them to turn on Russia
The war in Ukraine has brought back to the forefront the conversation about the need for new investments in oil and gas for the foreseeable future. As the calls multiply for Gulf producers to step in and fill the gap in gas and oil supplies as Russia faces sanctions, producers now feel vindicated after being shunned, and even targeted, at the COP26 in Glasgow last year.
The oldest peer-reviewed publication dedicated to the study of the modern Middle East, MEI’s flagship journal covers politics, society, and culture in the region.
