Under current, highly unpredictable market conditions, it is unreasonable for OPEC to make sharp movements to saturate the oil market or withdraw a significant number of barrels from it to meet divergent Western interests of lowering prices and punishing Russia.
Kuwait plays a larger role than is often assumed in America’s present and future military plans in the Middle East. But as Washington prioritizes the Indo-Pacific, it is critical that the security arrangement between the United States and Kuwait is thoughtfully reconfigured.
The renewal of the international agreement on Iran’s nuclear program does not undermine Israeli national security per se but rather a longstanding tenet of Israel’s strategic thinking: that it must be able to fully eradicate any challenge to its military superiority deep inside enemy territory.
The announcements in mid-August that both the United Arab Emirates and Kuwait will be returning their ambassadors to Tehran after six years provided the latest indication that the diplomatic ice has started to break in the Gulf region.
After achieving respectable growth in 2021, the GCC member states now face the risk of monetary (over) tightening due to the need to follow the U.S Federal Reserve’s interest rate adjustments. These increases are not warranted, however, as the GCC economies currently face relatively moderate inflation. Instead, they should use the available fiscal space to mitigate the negative fallout of monetary tightening and make greater use of PPPs for future infrastructure development.
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Power-sharing arrangements remain a paradoxical phenomenon. As a powerful tool to stop the guns of conflict, they tend to kill the ingredients for peace by preventing politics from changing. Three countries with such arrangements have recently held elections in which outcomes have — ostensibly — led to such political change. Change, however, has yet to materialize and so far the elections have brought more of a perennial companion of power-sharing arrangements: political gridlock.
The considerable financial shortfall experienced by the Lebanese Armed Forces (LAF) over the past couple of years has measurably affected its morale, readiness, and operational capacity. There couldn’t be a worse time for the LAF to potentially fall apart. A series of monumental challenges await Lebanon now that the parliamentary elections are over, all of which demand a modicum of stability that only the LAF can provide.
Expert regional analysis by MEI scholars and contributors.
Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.
Countries across the region face similar climate risks and impacts, but tensions and socio-economic challenges have hampered regional collaboration and collective efforts to tackle climate change. One way to address this problem and to circumvent poor policy coordination is through technical research and knowledge-sharing.
The Dorra Gas Field, located in shallow waters offshore in the northern Arabian Gulf, lies at the junction of competing territorial claims by Kuwait, Iran, and Saudi Arabia. With the growing gas demand in these countries, any production will be absorbed into the domestic network and the impact of production on the global gas and LNG market will be insignificant. However, the development of the field, if it occurs, may serve as a bellwether for regional relations.
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.
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.
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