New OPEC+ deal shows Saudis’ oil-market grip continues to slip
While OPEC and Russia-led non-OPEC members agreed to cut oil production last week by 1.2 million bpd, Riyadh’s ability to control the cartel and global oil prices is waning.
While OPEC and Russia-led non-OPEC members agreed to cut oil production last week by 1.2 million bpd, Riyadh’s ability to control the cartel and global oil prices is waning.
While Tunisia remains geographically and politically distant from Saudi Arabia, its economic troubles may offer an opportunity for the kingdom to leverage fiscal aid to secure stronger bilateral ties.
In this week’s Monday Briefing, MEI experts discuss recent and upcoming events including the coming changes in Trump’s administration, Iran’s hesitation in the US-China battle over Huawei , the ongoing Sweden talks on Yemen, results of the latest GCC summit, and questions over the legitimacy of the Afghan elections.
Although Oman has long been a regional mediator with ties to competing powers, it will need to maintain a delicate balancing act between its new strategic partnership with the Israelis and established relations with the Palestinians.
Restoring security and stability in Yemen is going to be a long-term process. Successful peace negotiations — including a ceasefire and confidence-building measures — can only be a first step toward that broader objective.
Giorgio Cafiero, CEO and founder of Gulf State Analytics, and F. Gregory Gause, head of the Department of International Affairs at Texas A&M University, join host Jerry Feierstein to discuss the state of GCC relations amid the Qatar dispute and other crises heading into the next GCC Summit.
The upcoming GCC summit in Saudi Arabia offers an opportunity to bring the opposing sides to the table, but it is far from clear what will come out of the meeting
In this week’s Monday Briefing, MEI experts discuss recent and upcoming events including MBS’ lukewarm reception at the G20 summit, plans for a UN-hosted Western Sahara roundtable, and Qatar’s decision to leave OPEC.
In this week’s Monday Briefing, MEI experts discuss recent and upcoming events including Russian air strikes in Aleppo, the elections in Bahrain, the growing international interest in Egypt’s offshore energy finds, and the appointment of a new Afghan team of negotiators for peace talks.
In this week’s Monday Briefing, MEI experts discuss recent and upcoming events including the Gaza flare-up and its threat to Egyptian-led negotiations, Russian-hosted Afghan peace talks, the ground offensive in Hodeidah, and rapid escalation in northwestern Syria.
As naval, air, and ground units from Bahrain, Egypt, Jordan, Kuwait, Saudi Arabia, and the UAE conduct war games in western Egypt this month, many speculate that this could represent the birth of the so-called “Arab NATO.”
Yemen, the site of the biggest humanitarian disaster in the world today, has seen several significant developments in recent weeks, including renewed calls for a cease-fire, UN intervention, and brokered peace talks. Fatima Alasrar, senior analyst at the Arabia Foundation, and MEI’s Gerald Feierstein join host Paul Salem to discuss the prospects for these latest moves.
Bahrain is scheduled to hold parliamentary elections on Nov. 24, but the vote is unlikely to resolve the kingdom’s lingering political crisis.
The GCC aid package for Bahrain illustrates how massive capital flows underlie the contentious politics and strategic alliances within the Gulf and broader Middle East.
As the Khashoggi drama became to big to ignore, Egypt’s state-owned and private media coverage of the story confirmed that Egypt could not afford to harm its ties with Saudi Arabia.