A version of this article first appeared as part of an Expert Views special feature on the new rules of the game in the Iranian-Israeli conflict.
The month of April saw a series of unprecedented escalations in the long-simmering Iranian-Israeli conflict, with both countries launching missile and drone attacks against the other’s territory for the first time in history.
In the wake of these strikes, what will be the impact on the regional security and political environment going forward, what is needed to stabilize the new rules of the game, and how can US diplomacy help to facilitate that process? MEI has asked its experts to weigh in.
On April 21, the US House of Representatives passed the long-awaited aid package for Israel, Ukraine, and Taiwan. The legislation contained another long-sought-after measure: authority for the US government to tighten restrictions on Iran’s oil exports. But in truth, aggressive US action remains unlikely and there are powerful operational, strategic, and political barriers preventing the US from shutting down Iran’s oil trade or hindering it in a material way.
Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.
Though Tehran continues to engage the government in Kabul in a pragmatic fashion, Iran and the Taliban are not traditional friends or allies; they share an uneasy relationship. There is a sectarian angle to their differences and a long-standing dispute over water resources. Yet Iran has sought to normalize relations due to broader geopolitical considerations, security concerns, and perceived economic opportunities.
Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.
Tunisian President Kais Saied appears to be constructing a new economic strategy. While he has previously outlined his priorities with broad strokes, like fighting corruption and defending sovereignty, he has recently begun to add greater detail, adopting a personalized approach that appears to be attempting to bypass the existing corporatist structures.
The Middle East and North Africa region is one of the lowest recipients of climate finance compared to other areas of the globe, such as East Asia and the Pacific Islands, despite MENA’s exposure to extreme climate risks. The MENA region’s share of climate financing from the big three global climate funds — the Green Climate Fund (GCF), the Climate Investment Funds (CIF), and the Global Environment Facility (GEF) — and their sub-funds made up only 6.6% of their cumulative global financing through 2023.
Over the past two decades, relations between Israel and China expanded significantly. Since then, however, there have been indications that the growth prospects for the bilateral relationship have diminished. China’s stance on the Oct. 7, 2023, Hamas attack and on Israel’s conduct during the ensuing war in Gaza, in particular, has further cast doubt on the future trajectory of the relationship.
International funders have often called upon recipients to carry out reforms before any funding can be made available or the amount increased. But in many crisis-wracked countries, such as Lebanon, the prospect of reforms may be too distant, with intervention needed immediately. This is why greater emphasis must be placed on risk mitigation measures over which funders can exercise control.
The scale of rebuilding needed after the Gaza war, in addition to the difficult political questions involved, will require close international coordination as well as innovative, future-informed thinking.
For the past several decades, successive Egyptian governments have practised the economic equivalent of riding a skateboard without a helmet; risky but manageable in the short run as long as one doesn’t encounter any obstacles. However, the inevitable has happened. Egypt’s economy smashed into not one, but two, major obstacles; a pandemic, which it just managed to stagger away from (World Bank, 2021), followed by the full-scale Russian invasion of Ukraine.
Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.
Africa-to-Europe value chains in manufacturing and agri-food production can mitigate factors driving current migration patterns by employing Africans in local value-added production and boosting African GDP growth, reorienting Africa-Europe relations towards mutual economic benefit and dignity.
Well over 30 attacks against commercial shipping in the Red Sea have been reported since mid-November 2023, although none have targeted crude oil or liquefied natural gas (LNG) carriers to date. But that is not to say that global energy flows through this critical maritime chokepoint are invulnerable; any harm that came to hydrocarbon carriers traveling into or out of the Red Sea via the Bab el-Mandeb would have far-reaching consequences for international markets.