In the eye of the storm: The battle over fossil fuels at COP28
As the existential threat of climate change continues to intensify, the future of fossil fuels has been thrust into the international spotlight. Reducing hydrocarbon production and consumption has gained traction in international climate talks amid warnings that the window to avoid catastrophic warming is closing quickly.
Treading Cautiously on Shifting Sands: An Assessment of Biden’s Middle East Policy Approach, 2021-2023
This report provides an interim assessment of the Biden administration’s overall Middle East strategy and examines the strategic opportunities and risks for U.S. policy in the broader region.
Can oil and water mix?: Creating opportunities for Iraq-Turkey cooperation
Last week saw a flurry of diplomatic activity between Baghdad and Ankara. The top priorities in the talks were oil exports, the presence of the PKK in Iraq, and Iraq’s water crisis. The outcomes have been unimpressive, but there is an opportunity for Iraq to shake things up and improve its bargaining position, at least on the oil export issue, possibly more.
Peshmerga reform hangs in the balance in Iraq’s Kurdistan Region
Efforts to reform the Iraqi Kurdish security forces known as the Peshmerga are at serious risk of failing. Tensions between the ruling parties of Iraq’s Kurdistan Region are not new, but the working relationship between the leaders of the Kurdistan Democratic Party and the Patriotic Union of Kurdistan has collapsed over the past year. As a result, officials within the Ministry of Peshmerga Affairs are no longer capable of preventing the politics of partisan self-interest from consuming the reform project. The prospects for the depoliticization and unification of the Peshmerga have rarely seemed more remote.
Two decades on, Iraq’s ongoing, if fragile, cultural revival
Although it has fallen off the international news cycle, Baghdad is booming, high on rising oil prices and full, once again, of neo-Abbasid, petroleum-fueled aspirations. Thanks to new anti-money laundering legislation, funds are being funneled not only into hotels and real estate but also into new cultural enterprises. So what does culture in Iraq look like in 2023?
The new wave of dealmaking by Gulf sovereign wealth funds
For resource-rich countries such as Gulf oil and natural gas producers, sovereign wealth funds have emerged as promising tools to save for future generations, mitigate the effects of outsized economic shocks, and/or be deployed as reserve investment and strategic development funds to spend on human, natural, social, and physical capital.
Addressing challenges to tolerance and religious diversity in Iraq
Iraq has long had a troubled history with its ethno-religious minorities, one full of oppression and violence. This was true under the Ba’athist regime and continued after the 2003 U.S.-led invasion, reaching a nadir with the rise of the Islamic State terrorist group. Although Iraq is now enjoying its most stable period in the past two decades, it is also a case study of the pernicious effects of structural violence, especially toward the more marginalized and vulnerable segments of society.
The current complex situation in the global oil market seriously tests the abilities of OPEC+ to play the role of a regulator, forcing Saudi Arabia to assume the main burden of responsibility for keeping oil prices from declining further and for shoring up the cartel ranks.
Beijing to Baghdad: China’s growing role in Iraq’s energy sector
Chinese companies are well positioned to participate in Iraq’s efforts to expand its oil production capacity and develop domestic gas supplies, as they are actively engaged in various energy-related undertakings throughout the country. However, if indeed China’s strategy is, as some have suggested, to become the dominant player in Iraq’s economy, achieving that objective will likely prove difficult given Iraq’s challenging operating environment and contentious politics.
Iran’s security chief Shamkhani did his job but had to go
Late last month, Iran’s Supreme Leader Ali Khamenei opted to replace the secretary of the Supreme National Security Council (SNSC), Ali Shamkhani. The latter’s removal after 10 years spent in this key role has generated much speculation, misinformation, and outright disinformation.
Putting Diplomacy First in the Middle East: Creating Incentives for De-Escalation
The Middle East is undergoing a historic transformation with unprecedented opportunities to build new relationships, de-escalate tensions, and foster conditions for stronger integration. At the same time, the region remains on edge because of ongoing tensions in Yemen, Syria, Iraq, and other conflict zones, a civil war that broke out recently in Sudan, along with the overarching challenges presented by fraught relations between Iran, Israel, and several Arab Gulf countries — with the longer-term implications of the still-fragile Iranian-Saudi rapprochement yet to be fully assessed.
