Research & Commentary Results

The US-Israeli war against Iran has created the largest disruption to global oil and liquefied natural gas supplies in modern history. There is a tremendous amount of economic uncertainty for Gulf states to navigate, and it will reshape the way they engage with one another and with Iran, Israel, and the United States for years to come. But this war has also laid bare how urgently the United States needs to update its own approach toward the Gulf states when it comes to energy.

Israel’s escalating campaign against Iran-backed Hezbollah is rapidly turning Lebanon into one of the most unstable fronts in the wider US-Israel confrontation with Iran — pushing an already fragile state to the brink. The war is tearing at Lebanon’s sectarian and political fabric, displacing Shiite communities and deepening polarization between Hezbollah and its rivals.

MEI Senior Fellow Jaser AbuMousa joins hosts Alistair Taylor and Matthew Czekaj to unpack how Hamas is navigating the US-Israel conflict with Iran and its impact on Gaza. Nearly two and a half years after the start of the Gaza war, international attention has shifted away from the humanitarian crisis in the devastated coastal strip. Meanwhile, Hamas’ primary state sponsor, Iran, has been severely weakened by US-Israeli military strikes and the death of former Supreme Leader Ayatollah Ali Khamenei. AbuMousa examines how this could affect Hamas’ trajectory moving forward and its place within the Axis of Resistance, as well as what it all means for the Palestinian people.

The economic stress points vary considerably across the Gulf. Assuming a resumption of exports by May, Kuwait, Iraq, Bahrain, and Qatar still face sharply declining revenues and contracting GDP—as much as 14 percent in Kuwait and Qatar—because of shut ins, time to restart, and lack of alternative delivery routes. After the Iranian attacks on Ras Laffan, Qatar’s economic outlook and time to recovery look much more difficult.

Gulf states — including their national oil companies and sovereign and related entities — are energy giants. They understand the risks of a prolonged threat from Iran and did not choose this war. They also recognize the risks of their geographic location, should the region endure another bout of instability and dislocation from a fragmented and collapsing neighbor.

Brian is joined by Amir Tibon, a journalist for Haaretz and the author of The Gates of Gaza: A Story of Betrayal, Survival, and Hope in Israel’s Borderlands and The Last Palestinian: The Rise and Reign of Mahmoud Abbas. On October 7, 2023, the Tibon family’s lives were changed forever when Hamas militants invaded Nahal Oz kibbutz, destroying their community, brutally killing their neighbors, and taking others hostage. Together, Brian and Amir examine the fallout from the events of October 7th, how public opinion in Israel and the United States has shifted over the past two and a half years, Israeli Prime Minister Benjamin Netanyahu’s political strategy, and what this all means for the future of Israel and its relationship with Palestinians and the broader region.

With the Strait of Hormuz closed and oil production from Iraq’s south in free fall, Baghdad’s failure to maximize the Iraq-Turkey Pipeline is no longer a policy dispute. It is a national emergency.

The Israeli-U.S. military strikes on Iran that began on February 28 have done more than ignite a Middle Eastern war. They have sent shockwaves rolling across Asia, from the Strait of Hormuz to the Sea of Japan, exposing the brittle underpinnings of regional energy systems, straining diplomatic balancing acts, and forcing governments to make hard choices they have long deferred.

Hosts Alistair Taylor and Matthew Czekaj are joined by MEI Senior Fellow Fadi Nicholas Nassar to discuss Hizballah’s role in the escalating conflict in the Middle East and the implications for Lebanon. A day after the United States and Israel launched a joint military campaign against Iran, Tehran’s Lebanese proxy fired missiles at northern Israeli territory. Israel responded swiftly and forcefully, and Lebanon’s government and population now fear the Iranian-backed militia is dragging the country back into war. The conversation explores the broader repercussions of Hizballah’s actions against the backdrop of a widening war in Iran and Lebanon’s quickly evolving political climate. Nassar also outlines recommendations for how Lebanon can move forward as a sovereign and effective state.

Today’s decision taken by the Lebanese government — to declare all of Hizballah’s security and military activities illegal — is a landmark development. But how the government and the Lebanese Armed Forces implement this directive now that a new round of attacks has actually taken place will be the ultimate test of their credibility.

Crude oil legally sanctioned by the United States and its allies today makes up an estimated 18% of global tanker capacity, or 6-7% of total unrefined petroleum flows — shares that have been growing. Increased pressure on Russian exports and US intervention in Venezuela have further constrained Russian flows and temporarily removed Venezuela, the smallest sanctioned producer, from the market. Iranian exports, however, remain largely untouched.

MEI Senior Fellow Lucy Kurtzer-Ellenbogen joins hosts Alistair Taylor and Matthew Czekaj to discuss the latest developments in Gaza. Nearly four months after the Israeli government and Hamas agreed to President Donald Trump’s 20-point plan, Washington has announced that phase two of the process is now underway. Kurtzer-Ellenbogen, Taylor, and Czekaj examine the humanitarian situation in the devastated coastal strip, assess what phase two could entail, break down how international actors are responding, and explore what would need to happen to realize the plan’s aspirations.

Since Israel’s 12-day war against Iran, Tehran and its network of regional proxies and non-state allies, the so-called Axis of Resistance, have entered a phase of strategic dormancy — an outward calm concealing rearmament, financial adaptation, and ideological renewal.