Saudi Arabia looks abroad to LNG and petrochemicals to hedge its bets
In late May, Saudi Aramco signed an agreement to buy 5 million tons per annum of liquefied natural gas (LNG) from San Diego-based Sempra Energy’s planned LNG terminal in Port Arthur, Texas. The deal exemplifies Saudi Aramco’s determination to boost the share of LNG and petrochemicals in its portfolio before its long-awaited public offering in 2021.
In this week’s Monday Briefing, MEI experts Birol Baskan, Eran Etzion, Alex Vatanka, and Marvin G. Weinbaum provide analysis on recent and upcoming events including recent regional summits in Mecca to discuss Iran and the Qatar crisis, Benjamin Netanyahu’s gambit to retain power in Israel, and escalating hostilities between the Pakistani military and the Pashtun Tahaffuz Movement.
Over the past few months, an awkward courtship has been going on between Iraq and its two most polarizing neighbors, as Tehran and Riyadh attempt to convince Baghdad of the merits of their respective orbits. While both sides make compelling points, the fact is that Iraq is exceedingly happy to occupy the middle ground, geopolitically and economically, between the two regional powers.
The growing economic and political role of Iraq’s PMF
Conditions in Iraq since the defeat of ISIS’s territorial “caliphate” justify both optimism and concern at the same time. One issue where there has been much hand wringing but few practical suggestions for what to do is that of the popular mobilization forces (PMF). As the main campaign against ISIS drew to a close, many of the PMF’s leaders sought to translate their fighters’ battlefield sacrifices into political and economic gains.
Monday Briefing: Iraq back in the eye of the storm
In this week’s Monday Briefing, MEI experts Randa Slim, Gerald Feierstein, Zubair Iqbal, Marvin G. Weinbaum, Mirette F. Mabrouk, Robert S. Ford, and Rauf Mammadov provide analysis on recent and upcoming events including the escalating tensions between the United States and Iran with Iraq caught in between, Jared Kushner’s economic development plan for Palestinians, the IMF’s bailout deal with Pakistan, political turmoil ahead of the Afghan presidential election, developments in the Egyptian media landscape following recent constitutional amendments, debate over how to approach elections in Algeria, and the impact of US-Iran tensions on the oil market.
With tensions rising, are we heading toward conflict in the Gulf?
Since the Trump administration refused to extend waivers for Iranian oil exports expiring on May 2nd, the U.S. and Iran have engaged in a cycle of escalating threats and actions. The U.S. has further ratcheted up its “maximum pressure” campaign by adding new sanctions, and in the last few days, the turmoil has deepened as the region absorbed reports of mysterious sabotage against tankers in Emirati ports, apparent Houthi drone attacks on Saudi oil facilities, and news that the Trump administration is contemplating substantial deployments of U.S. military personnel to the region.
Iraq: A Conflict Over State Identity and Ownership
At the heart of the conflict in Iraq has been a clash of visions over the identity and ownership of the Iraqi state. The post-2003 conflict was, in effect, a violent renegotiation of both the political compact in place since the 1960s and of the balance of power among regional and international players.
Monday Briefing: Ships sabotaged in the Gulf amid rising tensions with Iran
In this week’s Monday Briefing, MEI experts Alex Vatanka, Robert S. Ford, Jonathan M. Winer, and Gonul Tol provide analysis on recent and upcoming events including the sabotage this weekend of four ships off the coast of the UAE, the recent escalation of fighting in northwestern Syria, efforts to negotiate a ceasefire in Libya, and mounting concerns about Turkey’s economic health.
Monday Briefing: Conflict is far from over in Syria
In this week’s Monday Briefing, contributors Charles Lister, Gerald Feierstein, Ruba Husari, Guney Yildiz, Mirette F. Mabrouk, and John Calabrese provide analysis on recent and upcoming events including the failure of the twelfth rounds of Syria peace talks in Astana, negotiations over Yemen’s strategic port of Hodeida, a new report on Iraq’s oil production potential, ongoing US-Turkey talks about a buffer zone in Syria, Egypt’s recently passed constitutional amendments, and Beijing’s second Belt and Road Forum.
Monday Briefing: US and key partners on course for conflict over Iran oil waivers
In this week’s Monday Briefing, MEI experts Gerald Feierstein, Marvin G. Weinbaum, Randa Slim, Emadeddin Badi, and Robert S. Ford provide analysis on recent and upcoming events including the US decision to end Iran oil waivers, the flagging Afghan peace process, Iraq’s evolving regional policy, the status of General Hifter’s offensive in Libya, and Russia’s maneuvering to control the upcoming Syria talks in Astana.
Despite the many obstacles, the U.S. and Iraq continue to work together to combat the threat of ISIS, and security elites in Baghdad and Washington understand the importance and value of the relationship. Yet, populists on both sides have repeatedly tested the others’ will in a dangerous game of chicken.
Car Bombs as Weapons of War: ISIS's Development of SVBIEDs, 2014-19
The suicide vehicle-borne improvised explosive device (SVBIED) has been one of ISIS’s most powerful and versatile weapons. The group consistently adapted its SVBIED designs based on operational environment and other factors, with modifications in armor, payload organization, color, and detonation technology. ISIS’s research and development of SVBIED technology presents a continued threat, even after the collapse of the territorial caliphate, due to the group’s ability to share and export its designs, enabling nascent ISIS provinces halfway around the world to launch powerful attacks on unsuspecting communities.
Russia looks to the Middle East to boost arms exports
According to SIPRI’s recently published annual report, Russia’s share of global arms exports shrank by around one-fifth over the last decade, falling from 27 percent to 21 percent, while the U.S. share increased from 30 percent to 36 percent, widening the gap between the two major arms exporters. As Russia looks to reverse this decline, it is focusing on the Middle East, the world’s second-largest and fastest-growing arms market, as a way to boost its exports.
